Growing Tourism – A Positive Sign: Asia and Pacific Continue as Travel Hot Spots
Asia and the Pacific continued as a hot spot for international tourism in 2012, attracting what is expected to be in excess of 350 million international visitor arrivals, expanding its collective inbound count by more than 5% and generating more than 18 million additional foreign visits, year-on-year. Within this ...
As Phnom Penh Grows, So Does Its Sewage Problem
Since 1998, Phnom Penh’s population has doubled to more than 2 million. High-rise buildings have popped up in the city’s center and housing developments have been hastily erected. Yet the city’s antiquated, decades-old drainage system has undergone little improvement in that time and experts say the ...
CIMB says Local Investors Bring More Franchises to Cambodia
The steady growth of franchises from overseas is likely to continue as young, moneyed Cambodians seize the opportunity to bring name brands into the country, a bank official said yesterday. Hoping to help its customers and others invest in franchises, Malaysia-based CIMB Bank yesterday organized ...
Some 4,000 monks, nuns and students in pagodas in PP tested for Covid-19
As of 12 noon today, the medical team took samples from some 4,000 monks and residents in 80 out of the 151 pagodas throughout Phnom Penh. ...
Mao Chanvireak
https://www.khmertimeskh.com/50941430/some-4000-monks-nuns-and-students-in-pagodas-in-pp-tested-for-covid-19/
Cambodia third in RCEP income gains, growth in exports, WB says
Cambodia ranked third in both real income gains and export growth among Regional Comprehensive Economic Partnership (RCEP) members, according to the World Bank (WB). ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-third-rcep-income-gains-growth-exports-wb-says
$3.4b collected in taxes in 2022
A total of $3.4 billion was collected in taxes in 2022, marking a 23.96 percent increase from 2021. ...
Seng Mengheng
https://kiripost.com/stories/cambodia-34b-collected-in-taxes-in-2022
Indigenous people in a village in Ratanakiri province cut down trees at risk to pay off debts
Residents of a village in O’Yadao district, Ratanakiri province, due to debt, went to cut down trees in the community, transported them across the border and sold them to Vietnam in order to repay the bank, according to village and community authorities. ...
Malaria cases in Cambodia decline by six percent in 2022
Cambodia recorded 4,042 cases of malaria in 2022, a decrease of 6 percent from 4,318 cases in 2021, a health official said on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501214470/malaria-cases-in-cambodia-decline-by-six-percent-in-2022/
Cambodia collects nearly $6 billion in taxes in 2023
Cambodia earned $5.9 billion in revenues from all kinds of taxes in 2023, a 3.9 percent decrease compared to $6.14 billion in 2022, as per an official report released on Friday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501442033/cambodia-collects-nearly-6-billion-in-taxes-in-2023/
Growth in vehicle sales fuelled by bank loans, dealers say
Commercial banks are providing more loans for vehicle purchases, leading to a jump in car sales this year, according to dealers. While the improved domestic economy and effects of the March disasters in Japan on its competitors had improved sales figures of Great Wall vehicles, ...
Growth in vehicle sales fuelled by bank loans, dealers say
Commercial banks are providing more loans for vehicle purchases, leading to a jump in car sales this year, according to dealers. While the improved domestic economy and effects of the March disasters in Japan on its competitors had improved sales figures of Great Wall vehicles, increased ...
Visitors to Angkor Up 25 Percent in First Six Months
The number of visitors to Siem Reap’s Angkor Archaelogical Park in the first six months of the year increased about 25 percent over the same period last year, according to figures released yesterday by the Apsara Authority, which runs the site. According to the figures, ...
Satellite city deal worth $1.6bn inked in capital
Construction of a US$1.6 billion satellite city on Phnom Penh’s Chroy Changvar peninsula will begin this year after officials inked a contract yesterday with local firm Overseas Cambodia investment Corporation (OCIC). Dubbed “City of the Future”, the project would include a national stadium, a 60-hectare park, ...
Kuwait-India JV to explore for gold, iron in Cambodia
Kuwait’s Pima International Co and D&D Pattnaik Group of India have joIntly established Pima D&D International Co to explore for gold and iron In Cambodia The firm plans to Invest between US$10 million and $15 million In gold and iron exploration In Kampong Chhnang, Kratie and ...
Chinese company given license to go for gold in Kratie
The government has given a Chinese mining company the right to extract gold from 28 square km of land in Kratie province’s Sambor district, a provincial official said yesterday. On July 5, the Ministry of industry, Mines and Energy granted Hing Yuan Hanng Yeak Co Ltd ...
Cambodia to fall short in rice exports due to flooding
Phnom Penh–Cambodia’s rice exports to foreign countries this year will fall short from the amount that was expected earlier, due to the flooding, said President of the Federation of Cambodian Rice Millers Association Phou Puy on Tuesday. The flooding has hit the country since August, will ...
Taiwan’s leading bank opens in Cambodia to boost trade
The China’s Taiwan leading bank, Mega international (ICBC), on September 30th, opened its first branch in Phnom Penh, aiming to attract more Taiwanese investors to Cambodia and boosting further business. “The Mega ICBC will bring capital investment injection into the economy of Cambodia, employment opportunities, upgrading ...
Exports reach $3.5 billion in the first nine months
Total exports during the first nine months of the year rose 41 percent to $3.5 billion compared to the same period in 2010, according to data released by the Ministry of Commerce. Of the total amount, $3.1 billion was in garments, $10 million in paddy rice, ...
Villagers campaign in Kompong Thom to protect Prey Long Forest
Hundreds of villagers living around Prey Long forest have begun a weeklong campaign in the north of Kompong Thom province to protect Prey Long, one of Cambodia’s largest remaining primary forests, the Prey Long People’s Network said yesterday The group of villagers planned to protest later ...
Two arrested in Kompong Thom for illegal transport of rosewood
Two men were arrested Monday in Kompong Thom province for illegally transporting nearly half a cubic meter of valuable rosewood, said a forestry official ...