Nearly $1B concessional loans disbursed in H1
The government has disbursed $913.8 million concessional loans in the first half of 2023, which is an increase of 11 per cent compared to the same period in 2022, the Ministry of Economy and Finance announced. ...
Hin Pisei
https://www.phnompenhpost.com/business/nearly-1b-concessional-loans-disbursed-h1
Cambodia’s trade reach $41 billion, increase of 18 percent in first 9 months
Cambodia’s foreign trade volume reached $41 billion in the first nine months of 2022, up 18 percent from $34.76 billion in the same period last year, an official report showed on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501166339/cambodias-trade-reach-41-billion-increase-of-18-percent-in-first-9-months/
Over 19,000 businesses registered via IT platform
The number of companies registered through the information technology platform co-developed by multi-ministries has reached 19,072 as of 2 November 2022, according to the figures from the Ministry of Economy and Finance (MEF) yesterday. ...
Kang Sothear
https://www.khmertimeskh.com/501179417/over-19000-businesses-registered-via-it-platform/
Cambodia’s foreign trade declines 29% in January
Cambodia’s foreign trade declined by 29 percent in January 2023 compared to the same period in 2022 and recorded $3.4 billion, according to a report by the General Department of Customs and Excise (GDCE) yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501238161/cambodias-foreign-trade-declines-29-in-january/
Efforts to curb illegal fishing paying off
Efforts by government authorities to curb illegal fishing have proven to be effective with cases recorded in 2022 much less than 2021 numbers. ...
Torn Vibol
https://www.khmertimeskh.com/501213375/efforts-to-curb-illegal-fishing-paying-off/
Cambodia’s GFT woes unabated as exports decline 23%
The lean patch of Cambodia’s biggest export-earning segment of garments, footwear and travel (GFT) goods continued into the fifth month of the year as the January to May exports recorded a decline of 23.06 percent, compared to the same period in 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501306694/cambodias-gft-woes-unabated-as-exports-decline-23/
PPAP revenue dips 14% to $10.77M in four months
The Phnom Penh Autonomous Port (PPAP) posted total revenue of $10.77 million for the first four months of this year, down 14 percent from its revenue of $12.53 million for the same period in 2022. ...
Adur Pradeep
https://www.khmertimeskh.com/501291770/ppap-revenue-dips-14-to-10-77m-in-four-months/
Cambodia’s trade with RCEP countries hit $31 bln last year
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached 31 billion U.S. dollars in 2022, up 4 percent from a year earlier, according to a Ministry of Commerce report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501221471/cambodias-trade-with-rcep-countries-hit-31-bln-last-year/
Cambodia produced more than 11 million tonnes of rice last year
Farmers around the country saw success in the cultivation of rice last year despite hard weather conditions bringing an extended rainy season and achieved 110.40 percent of the planned rice cultivation for 2022. ...
Khmer Times Staff
https://www.khmertimeskh.com/501241911/cambodia-produced-more-than-11-million-tonnes-of-rice-last-year/
900% jump in foreign tourists visiting Angkor last month
The Angkor Foundation has stated that almost 80,000 international tourists bought Angkor and Koh Ker tickets last month month – generating more than $ 3 million in ticket sales compared to 2022, an increase of more than 900% . ...
Khmer Times Staff
https://www.khmertimeskh.com/501248959/900-jump-in-foreign-tourists-visiting-angkor-last-month/
Number of poor people in Cambodia drops by half in 7.5 years
Cambodia’s global MPI (Multidimensional Poverty Index) value plummeted from 0.168 in 2014 to 0.070 in 2021/2022, and incidence of poverty fell from 36.7 percent to 16.6 percent. ...
Khmer Times Staff
https://www.khmertimeskh.com/501379463/number-of-poor-people-in-cambodia-drops-by-half-in-7-5-years/
NBC reports 44% surge in electronic riel transactions
National Bank of Cambodia (NBC) governor Chea Serey announced an increase in electronic transactions and payments in Cambodian riel for 2023, noting that they were 44% higher than in 2022. ...
Van Socheata
https://www.phnompenhpost.com/national/nbc-reports-44-surge-in-electronic-riel-transactions
Jewellery exports hit $851M in ‘23; exhibition upcoming
Cambodia garnered over $851 million from the export of jewellery and precious stones to the international market in 2023, represents a surge of 261% increase compared to 2022, as per the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/jewellery-exports-hit-851m-in-23-exhibition-upcoming
Agricultural NGO to Become a Cooperative
The Cambodian Center for Study and Development in Agriculture (Cedac) said yesterday that it was undertaking measures to change its status from an NGO to a cooperative, a move that will ease the organization of donor money and push it to become more profit orientated ...
PP-SHV expressway ahead of schedule
The Phnom Penh-Preah Sihanouk Expressway will be completed ahead of schedule and will be in operation by the end of 2022, Ministry of Public Works and Transport spokesman Vasim Sorya told The Post on Wednesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/pp-shv-expressway-ahead-schedule
Sweden, UNDP contribute toward a greener Cambodia
The Swedish government and United Nation Develo- pment Programme yesterday co-signed a new contribution agreement of $3.34 million to support Cambodia Climate Change Alliance’s Phase 3 initiative from 2020 to 2022. ...
Pech Sotheary
https://www.khmertimeskh.com/50716389/sweden-undp-contribute-toward-a-greener-cambodia/
Sweden and EU continue to fund Parliament-focused NGO’s Cambodian efforts
Sweden and the EU on May 11 provided $1.5 million for a two-year project spanning 2021-2022 to support the Parliamentary Centre of Asia’s (PCAsia) Cambodian activities. The agreement was signed virtually on May 11. ...
Mom Kunthear
https://www.phnompenhpost.com/national/sweden-and-eu-continue-fund-parliament-focused-ngos-cambodian-efforts
China gives $2.5M grant to CMAC
China has provided a grant of $2.5 million to support the Cambodian Mine Action Centre (CMAC) ordnance clearance operations. The funds will cover operations for the 12 months of 2022, according to CMAC director general Heng Ratana. ...
Voun Dara
https://phnompenhpost.com/national/china-gives-25m-grant-cmac
Hiring freeze for ministries
The government has suspended the recruitment of new officials for all ministries and institutions for 2022, reversing the government’s previous plans to recruit some 6,000 new officials to replace those lost to retirement or other factors. ...
Lay Samean
https://www.phnompenhpost.com/national/hiring-freeze-ministries
Cambodian blue helmets training for CAR mission
Thirty-seven trainees from the National Centre for Peacekeeping Forces (NPMEC) are training to rescue victims of natural disasters at the naval command in preparation for a UN “blue helmet” mission in the Central African Republic (CAR) in 2022, a senior official said. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/cambodian-blue-helmets-training-car-mission
