Government inks 18 projects worth $763 million in H1
The Ministry of Economy and Finance (MEF) has entered into agreements for the implementation of 18 public expenditure projects worth $763 million under grant aids and concession loans in the first half of this year, according to a report released by MEF. ...
Kang Sothear
https://www.khmertimeskh.com/501145316/government-inks-18-projects-worth-763-million-in-h1/
Cambodia 2022 international tourism earnings at $1.41 billion
Giving a big boost to tourism prospects, Cambodia announced that its international tourism earnings reached $1.41 billion in 2022. .. ...
Adur Pradeep
https://www.khmertimeskh.com/501312830/cambodia-2022-international-tourism-earnings-at-1-41-billion/
Report: 28.1% of Cambodians take out loans for healthcare
A new report has found that 28.1 per cent of Cambodians borrow money to pay for healthcare, with microfinance insiders claiming it does not reflect the reality in the financial sector. The University of New South Wales (UNSW) surveyed 5,000 households across Cambodia and found ...
Thou Vireak
https://www.phnompenhpost.com/business/report-281-cambodians-take-out-loans-healthcare
Hun Sen: Kingdom’s economy to grow 7.1%
Cambodia’s economic growth is projected at 7.1 per cent this year or about $24 billion thanks to the good performance of the industrial sector that is creating strong domestic revenue. Speaking at the graduation ceremony of Cambodia University of Specialties on Wednesday, Prime Minister Hun ...
Thou Vireak
https://www.phnompenhpost.com/business/hun-sen-kingdoms-economy-grow-71
Smart gives $1m from virus fund
Smart Axiata announced yesterday that it has begun disbursing funds from its $1 million COVID-19 Relief Fund to the Institut Pasteur du Cambodge, Open Institute, Friends International and Southeastern Globe Communications, according to a company statement. ...
Sok Chan
https://www.khmertimeskh.com/50725375/smart-gives-1m-from-virus-fund/
Bigger traffic fines from May 1
Starting May 1, the traffic police will enforce a new sub-decree which increases traffic violation fines to three to five times their current rates. Officials expect the additional money gained from the increased fines will be used to reduce traffic accidents. ...
Khorn Savi
https://www.phnompenhpost.com/national/bigger-traffic-fines-may-1
Inclusion guide to aid 1.7M poor
The much-anticipated Inclusive Business Enabling Environment for Cambodia (IbeeC) strategy will be adopted soon to meet the needs of 1.7 million poor and low-income Cambodians by 2023, a wide-ranging virtual meeting conducted by the Ministry of Industry, Science, Technology and Innovation heard on March 18. ...
Thou Vireak
https://www.phnompenhpost.com/business/inclusion-guide-aid-17m-poor
Ministries discuss ‘3+1 reforms’
Ministry of Justice officials held a meeting with other ministries on May 4 to discuss four areas of government reform, including public finance, public administration, sub-national administration and justice. ...
Long Kimmarita
https://www.phnompenhpost.com/national/ministries-discuss-31-reforms
Japan donates 1 million doses of AstraZeneca vaccine to Cambodia
The Government of Japan will provide 1 million doses of the AstraZeneca COVID vaccine to Cambodia. The move was announced today by Mikami Masahiro, Ambassador of Japan to Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/50892806/japan-donates-1-million-doses-of-astrazeneca-vaccine-to-cambodia/
Cambodian premier to use $1 million cash prize to build houses for veterans
Hun Sen, Prime Minister of the Kingdom of Cambodia, announced to use the cash prize of $1 million to build houses for veterans. ...
Khmer Times Staff
https://www.khmertimeskh.com/50933950/cambodian-premier-to-use-1-million-cash-prize-to-build-houses-for-veterans/
Cambodia-Japan trade tops $1.5B
Trade between Cambodia and Japan reached $1.5094 billion in the first eight months of 2021, up 11.8 per cent year-on-year from $1.350 billion, according to data from the Japan External Trade Organisation (Jetro). ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-japan-trade-tops-15b
Cambodia Omicron cases pass 1,000 total
Cambodia recorded another jump in Omicron cases today. Todays official daily new COVID case total (diagnosed by PCR test) was 46 – all the Omicron variant – bringing the COVID case total to 121,484 cases. ...
Khmer Times Staff
https://www.khmertimeskh.com/501018496/cambodia-omicron-cases-pass-1000-total/
Work begins on $1.3 billion 2nd expressway in Cambodia
Cambodia on Wednesday broke ground on the second Chinese-invested expressway connecting the capital Phnom Penh with Bavet City of Svay Rieng province on the border with Vietnam. ...
Khmer Times Staff
https://www.khmertimeskh.com/501304626/work-begins-on-1-3-billion-2nd-expressway-in-cambodia/
Residents of Kandal get over 1,000 ‘hard titles’
The Kandal Provincial Administration on April 18 presented over 1,000 “hard titles” – the strongest form of property ownership certificate in the Kingdom – to more than 500 households in Anlong Ta Sek Leu village in Sa’ang district’s Prek Ambel commune. ...
Sem Pisey
https://www.phnompenhpost.com/national/residents-kandal-get-over-1000-hard-titles
Call for application: Youth-Led Project 2024 (YLP24 - Phase 1)
Open Development Cambodia Organization (ODC) is pleased to announce the call for application on Youth-Led Project 2024 (YLP24 – Phase 1). The program aims to strengthen the youths’ capacity for fundamental life and community development skills through various training and knowledge sharing as demonstrated during convening ...
Open Development Cambodia Organization (ODC)
Nearly 9,000 vehicles travel on Cambodia’s 1st expressway on 1st day of trial opening
Nearly 9,000 vehicles traveled on Cambodia’s first-ever expressway on the first day of its opening for trial use on Saturday, the Ministry of Public Works and Transport (MPWT) said in a news release on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501161480/nearly-9000-vehicles-travel-on-cambodias-1st-expressway-on-1st-day-of-trial-opening/
Cambodia’s rice export up 35 Percent in Q1 amid looming ban
Cambodia exported a total of 230,948 tons of milled rice to foreign markets in the first quarter of this year, according to Cambodia Rice Federation’s report. ...
Khmer Times Staff
https://www.khmertimeskh.com/50708588/cambodias-rice-export-up-35-percent-in-q1-amid-looming-ban/
Cambodia collected $1.6 billion in tax revenue
The General Department of Taxation (GDT) collected 6,820.48 billion Riel (approximately $1,684 million) in tax revenue in the first semester of this year, a 12 percent increase compared to the same period last year. ...
Chea Vannak
https://www.khmertimeskh.com/50744480/cambodia-collected-1-6-billion-in-tax-revenue/
CDC greenlights five projects worth $1.3B
The government on March 26 approved five new investment projects worth about $1.3 billion and expected to absorb 2,250 workers, even amid a dramatic escalation in the ASEAN member’s fight against the spread of the Covid-19 disease. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-greenlights-five-projects-worth-13b
ADB slashes Kingdom’s GDP forecast to 1.9% due to Covid
The Asian Development Bank has more than halved its forecast for Cambodia’s economic growth this year. It cut the gross domestic product forecast to 1.9 percent from April’s prediction of 4 percent growth. The ADB left next year’s forecast unchanged at 5.5 percent GDP expansion. ...
Michael Firn
https://www.khmertimeskh.com/50939651/adb-slashes-kingdoms-gdp-forecast-to-1-9-due-to-covid/