Four million international tourists expected by Cambodia this year after China’s pandemic strategy optimization
Cambodia is projected to receive 4 million international tourists in 2023 after China’s optimization of its COVID-19 strategy early this month, a tourism official said on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501221530/four-million-international-tourists-expected-by-cambodia-this-year-after-chinas-pandemic-strategy-optimization/
Cambodia average annual FDI inflows growth at 8.1 percent
Cambodia recorded an average annual FDI inflow growth of 8.1 percent from 2017 to 2021, according to ESCAP’s Asia-Pacific Trade and Investment Trends 2022/2023 Country Report for Cambodia. ...
Adur Pradeep
https://www.khmertimeskh.com/501222747/cambodia-average-annual-fdi-inflows-growth-at-8-1-percent/
Ministry aiming to expand Prey Lang carbon credit sales
The Ministry of Environment and Conservation International (CI) Cambodia will push for the expansion of the carbon credit market in the Prey Lang Wildlife Sanctuary in 2023 in order to raise funds for the conservation of protected areas and community development there. ...
Ry Sochan
https://www.phnompenhpost.com/national/ministry-aiming-expand-prey-lang-carbon-credit-sales
Cambodia’s Q1 international trade at $11.3 billion
Cambodia’s international trade decreased 14.5 percent to $11.3 billion in the first quarter of 2023, according to a report from the General Department of Customs and Excise yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501271231/cambodias-q1-international-trade-at-11-3-billion/
Cambodia earns $331 mln from bicycle export in first half of year, down 30.5 pct
Cambodia exported bicycles worth $331 million to foreign markets in the first half of 2023, a year-on-year drop of 30.5 percent, said a Ministry of Commerce’s report on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501324107/cambodia-earns-331-mln-from-bicycle-export-in-first-half-of-year-down-30-5-pct/
Ministry calls for vigilance of possible natural disasters
The Ministry of Water Resources and Meteorology (MOWRAM) has warned the public of possible natural disasters, especially strong winds and high waves at coastal areas between July 19-25, 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501326691/ministry-calls-for-vigilance-of-possible-natural-disasters/
623 land titles distributed to more than 300 families in Kampong Thom province
623 property ownership certificates were distributed to 332 families in Kdei Ta Chen village, Treal commune, Tang Kork district on July 20, 2023, so that they have the legal right to own and use them. ...
Post Staff
https://www.postkhmer.com/national/2023-07-21-1331-252571.html
Cambodia’s Angkor $16 million in ticket sales for first five months
Cambodia’s famed Angkor Archeological Park received 344,757 foreign tourists in the first five months of 2023, up 653 percent from 45,779 in the same period last year, said a press statement on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501303011/cambodias-angkor-16-million-in-ticket-sales-for-first-five-months/
Nearly 70 families in Koas Kralor district protest for Battambang Provincial Authorities to provide legal land titles
About 69 families protest in front of Battambang Provincial Administration to demand the authorities to issue legal land title that has been cleared since 2012 on 254 hectares of land at Phnom Snor, Samrong village, Chhnal Moan commune, Koas Kralor district, Battambang province, on the ...
Koh Pich-Koh Norea bridge 90 percent completed
The bridge connecting Koh Norea in Niroth commune, Chbar Ampov district to Koh Pich, located in Tonle Bassac commune, Chamkar district, Phnom Penh, is about 90 percent completed and is scheduled to be completed by the end of 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501303381/koh-pich-koh-norea-bridge-90-percent-completed/
IMF lowers growth forecast for Cambodia due to weak external demand
On Wednesday, the International Monetary Fund (IMF) lowered its 2023 economic growth forecast for Cambodia to 5.6 percent from its April prediction of 5.8 percent, mainly due to weak external demand. ...
Khmer Times Staff
https://www.khmertimeskh.com/501378855/imf-lowers-growth-forecast-for-cambodia-due-to-weak-external-demand/
Domestic and Chinese investors lead $619 million investment boom in Cambodia
The Council for the Development of Cambodia (CDC) has given the green light to 21 new investment projects in November 2023. With a total investment capital of nearly $619 million, these projects can potentially create approximately 22,000 jobs. ...
Khmer Times Staff
https://www.khmertimeskh.com/501404257/domestic-and-chinese-investors-lead-619-million-investment-boom-in-cambodia/
Forum connects enterprises in five Southeast Asian countries
The Thailand-Vietnam-Laos-Cambodia-Myanmar Business Forum 2023 took place from November 17-19 in Thailand’s UdonThani province, promoting connection among enterprises in the five countries. ...
Khmer Times Staff
https://www.khmertimeskh.com/501394870/forum-connects-enterprises-in-five-southeast-asian-countries/
Exports to India up over 57% in ‘23
Cambodia garnered over $233 million in the first ten months of 2023 from exports to India, marking an increase of nearly 60% compared to the corresponding period in 2022. ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-to-india-up-over-57-in-23
US remains Cambodia’s biggest export destination
Cambodia exported $8,144 million to the US in the first eleven months of 2023, inching down 0.89 percent compared to the same period in 2022, a report from the Ministry of Commerce showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501416446/us-remains-cambodias-biggest-export-destination-2/
Cambodia’s exports to Indonesia jump 112 percent
Cambodia’s exports to Indonesia and India rose the most in the January to November 2023 period, by 111.7 percent and 55.1 percent respectively, compared to the same period in 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501415859/cambodias-exports-to-indonesia-jump-112-percent/
Cambodia makes $377.5 million from rice exports in first ten months
Cambodia had exported 529,924 tonnes of milled rice in the first 10 months of 2023, earning a total revenue of $377.5 million, the Cambodia Rice Federation said in a news release on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501389491/cambodia-makes-377-5-million-from-rice-exports-in-first-ten-months/
PM Hun Manet reaffirms Cambodia’s growth for this year is at 5.6 percent
Cambodia maintained its economic growth prediction at 5.6 percent in 2023 and raised it to 6.6 percent in 2024, the country’s Prime Minister Hun Manet said here on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501397374/pm-hun-manet-reaffirms-cambodias-growth-for-this-year-is-at-5-6-percent/
Cambodia makes $3.9 bln from export of agri-products in 11 months
Cambodia earned a gross revenue of $3.9 billion from the export of agricultural products in the first 11 months of 2023, said a Ministry of Agriculture, Forestry and Fisheries (MAFF) report on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501402630/cambodia-makes-3-9-bln-from-export-of-agri-products-in-11-months/
Loan-to-deposit ratio normalising in 2024, say bankers
A number that might be of concern in Cambodia’s banking system is its loans versus deposits. For 2023, Cambodia’s banks total loans outstanding was $57.6 billion and total deposits $47.9 billion. ...
Rachel David
https://www.khmertimeskh.com/501505072/loan-to-deposit-ratio-normalising-in-2024-say-bankers/
