Cambodia’s FDI surges 11.2% to $41B in 2021
Foreign direct investment (FDI) inflows in Cambodia between mid-1994 and end-2021 amounted to 168.8 trillion riel ($41.0 billion), rising by 11.2 per cent from the end of 2020, with the Greater China area remaining the Kingdom’s top source market, according to a new report. ...
Hom Phanet
https://www.phnompenhpost.com/business/cambodias-fdi-surges-112-41b-2021
Land sales spur revenue increase for PPSP in Q2
Public-listed Royal Group Phnom Penh Special Economic Zone (PPSP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties.203; ...
May Kunmakara
https://www.phnompenhpost.com/business/land-sales-spur-revenue-increase-ppsp-q2
CDC approves $2.9 billion Japanese investment projects
The Council of the Development of Cambodia (CDC) has approved 150 investment projects worth approximately $2.9 billion proposed by Japanese investors in the country as of the end of January this year, according to the figures released in a press release issued yesterday by CDC ...
Kang Sothear
https://www.khmertimeskh.com/501243067/cdc-approves-2-9-billion-japanese-investment-projects/
2,534 high-rise buildings completed by 2022
According to a study issued on December 27, the Ministry of Management stated that from 2000 until November this year, 2,534 high-rise structures were constructed, including 1,674 in Phnom Penh, 685 in Sihanoukville, 131 in Banteay Meanchey, and 43 in other places. Among the high-rise buildings, ...
Mao Sreypich
https://kiripost.com/stories/2534-high-rise-buildings-completed-by-2022
$13.2 million from China for demining
In contributing to attain the goal of Cambodia mine-free by 2025, China has donated $13.2 million for demining in vulnerable areas to bring peace and happiness to Cambodian people. The donation came during the official visit of Prime Minister Hun Sen to China. ...
Chhun Sunly
https://www.khmertimeskh.com/1237391/13-2-million-from-china-for-demining/
Opportunity for Cambodian Youths to Participate in Cohort 2 of Youth-Led Project 2024
The Open Development Cambodia Organization (ODC) is pleased to announce the opening of applications for Cohort 2 of Youth-Led Project 2024.Youth-Led Project 2024 is a six-month training program that was initiated by ODC. Selected youths will be equipped with skills and expertise that are necessary ...
AMRO maintains 6.2 percent GDP growth for Cambodia
The ASEAN+3 Macroeconomic Research Office (AMRO) has maintained a 6.2 percent growth for Cambodia in the current year in its January 2024 Quarterly Update. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501425667/amro-maintains-6-2-percent-gdp-growth-for-cambodia/
Gov’t reform plan enters 2nd phase
The government has unveiled its second-phase 10-year action plan to continue its implementation of the National Programme for Sub-National Democratic Development (NP-SNDD) for 2021-2030. The first phase will conclude at the end of this year. ...
Voun Dara
https://www.phnompenhpost.com/national/govt-reform-plan-enters-2nd-phase
PM orders 2,000 rice sowing machines for farmers
Prime Minister Hun Sen said Tuesday that he has ordered 2,000 rice sowing machines from local processing firms to boost paddy rice production in the country. ...
Khmer Times Staff
https://www.khmertimeskh.com/50747209/pm-orders-2000-rice-sowing-machines-for-farmers/
2020 bilateral trade with China reaches $8.2 billion
Data from the Ministry of Commerce showed Cambodia exported $1.086 billion of goods to China, a year-on-year increase of 8.1 percent. Cambodia’s 2020 imports from China were valued at $7.031 billion, a contraction of 6.9 percent compared with 2019 figures. ...
Chea Vanyuth
https://www.khmertimeskh.com/50820988/2020-bilateral-trade-with-china-reaches-8-2-billion/
Alcohol ban till June 2 in Kandal province
The Kandal Provincial Administration has extended its temporary ban on all types of alcohol sale until June 2 to avert a spread of the coronavirus. ...
Mao Chanvireak
https://www.khmertimeskh.com/50864108/alcohol-ban-till-june-2-in-kandal-province/
Remittances fall 17% to $1.2B in 2020: NBC data
Cambodia received $1.2 billion in remittances from migrant workers abroad last year, marking a sharp 17 per cent drop from $1.5 billion in 2019, the National Bank of Cambodia reported. ...
May Kunmakara
https://www.phnompenhpost.com/business/remittances-fall-17-12b-2020-nbc-data
SSEZ handles $1.2B in goods
The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) reached $1.185 billion in the first seven months of 2021, an increase of 44.51 per cent year-on-year, the operator reported. ...
Thou Vireak
https://www.phnompenhpost.com/business/ssez-handles-12b-goods
Cambodia’s Delta variant of SARS-CoV-2 rises to more than 7800 cases
Cambodia’s Delta Variant infection of SARS-CoV-2 virus has increased exponentially to 7,852 as of Monday, 27 September. ...
CDC okays $2.38B of projects in Jan-Feb
The Council for the Development of Cambodia (CDC) has in the first two months of this year announced its approval of final registration certificates for 37 investment projects worth about $2.38 billion, an indication of significant progress in economic recovery as Covid-19 wanes. ...
Hom Phanet
https://www.phnompenhpost.com/business/cdc-okays-238b-projects-jan-feb
CDC okays $2.38B of projects in Jan-Feb
The Council for the Development of Cambodia (CDC) has in the first two months of this year announced its approval of final registration certificates for 37 investment projects worth about $2.38 billion, an indication of significant progress in economic recovery as Covid-19 wanes. ...
Hom Phanet
https://www.phnompenhpost.com/business/cdc-okays-238b-projects-jan-feb
Kep province to build 2 ports under ADB project
Kep Provincial Administration plans to construct two standard ports for the fisheries and tourism sectors under a Asian Development Bank (ADB) project, which aims to develop these industries in the province. ...
Chea Vanyuth
https://www.khmertimeskh.com/501067972/kep-province-to-build-2-ports-under-adb-project/
Economic growth to increase to 5.2 percent in 2023
The World Bank has projected Cambodia’s economic growth will increase to 5.2 percent in 2023, aided by rising domestic consumption but slowed by slowing global trade growth ...
Mao Sreypich
https://kiripost.com/stories/economic-growth-to-increase-to-52-percent-in-2023
China’s CHINT to open $2.5M medium voltage factory
A global smart energy solutions firm, Chinese-owned CHINT Group Co Ltd, is leveraging the Kingdom’s energy production capacity to support the rapid demand growth for medium-voltage power equipment in the country, as well as Thailand, Laos and Myanmar. ...
May Kunmakara
https://www.phnompenhpost.com/business/chinas-chint-open-25m-medium-voltage-factory
Tax revenue dips 2% between Jan, July
The government collected 15.4 trillion riel or $3.7 billion in tax revenue in the first seven months of the year, which is equivalent to 58.7 per cent of the 2023 annual budget law, according to the Ministry of Economy and Finance. ...
Hin Pisei
https://www.phnompenhpost.com/business/tax-revenue-dips-2-between-jan-july