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Despite COVID-19 pandemic, Cambodia’s tax revenue continues to rise, touching $5.3 billion

The Royal Government of Cambodia collected $5.3 billion as tax and customs revenues in 2020, although the Kingdom’s economy is being hit by the COVID-19 crisis. ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50798745/despite-covid-19-pandemic-cambodias-tax-revenue-continues-to-rise-touching-5-3-billion/

Cambodia to spend more than $20.5 million on vaccination campaign over nine months

The Royal Government of Cambodia has planned to spend over 83.625 million KHR, or approximately $ 20.59 million, on the nine-month vaccination program from April to December 2021. ...

Khmer Times Staff
https://www.khmertimeskh.com/50853472/cambodia-to-spend-more-than-20-5-million-on-vaccination-campaign-over-nine-months/

Lockdown in Phom Penh and Takhmao to be lifted after May 5

Prime Minister Hun Sen announced last night he will end the lockdown in Phnom Penh and other provinces, but some small areas with a high risk of infections will remain under restrictions. ...

Khmer Times Staff
https://www.khmertimeskh.com/50849886/lockdown-in-phom-penh-and-takhmao-to-be-lifted-after-may-5/

EU invests $3.5 million to fight Covid-19 and health threats

The European Union (EU)  will invest  about $3.5 million over a three-year period through the World Health Organization (WHO) to support Cambodia’s preparedness and response to Covid-19 and future health security threats. ...

Sen David
https://www.khmertimeskh.com/50867227/eu-invests-3-5-million-to-fight-covid-19-and-health-threats/

Cash benefits paid out to over 5,000 women who gave birth in May

In the first five months of this year, the government provided 10 billion riel ($2.46 million) through the National Social Security Fund (NSSF) to 25,867 low-income female workers who gave birth to 26,057 babies. ...

Mom Kunthear
https://www.phnompenhpost.com/national/cash-benefits-paid-out-over-5000-women-who-gave-birth-may

Cambodia’s non-garment manufacturing product export amounts $4.5 billion last year

Cambodia’s non-garment manufacturing product export was valued at $4,541 million last year, 44.2 percent compared to the same period in a year before, according to figures from the General Department of Customs and Excises. ...

Chea Vanyuth
https://www.khmertimeskh.com/501025911/cambodias-non-garment-manufacturing-product-export-amounts-4-5-billion-last-year/

Spanish imports of apparel from Cambodia rise 19% to $326.5 million

Imports by Spain for apparel imports from Cambodia, which experienced substantial growth last year, have continued their upward trajectory in the first four months of the year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501315625/spanish-imports-of-apparel-from-cambodia-rise-19-to-326-5-million/

Minerals and mineral products

Minerals from Halpern Mineral Collection, San Francisco, Photo by Eric Hunt taken on October 21 2006. License under: CC BY-NC-ND 2.0Many of Cambodia’s mineral resources are undeveloped, with most production concentrating on construction materials such as crushed stone, sand, gravel and limestone.1There is currently no ...

1.5 million doses of China’s Sinovac vaccines to arrive in Cambodia soon

Cambodia is set to receive some 1.5 million doses of China’s Sinovac vaccine in the near future in addition to Sinopharm and AstraZeneca.   ...

Khmer Times Staff
https://www.khmertimeskh.com/50825692/1-5-million-doses-of-chinas-sinovac-vaccines-to-arrive-in-cambodia-soon/

All 16.5 million ordered doses of vaccine from China to arrive this month

As the country continues to implement massive vaccination campaigns, the 16.5 million vaccines ordered from China will be arriving this month to fuel the endeavor. ...

Khmer Times Staff
https://www.khmertimeskh.com/50914560/all-16-5-million-ordered-doses-of-vaccine-from-china-to-arrive-this-month/

Cambodia-US 8-month trade slips 5%

Exports from Cambodia to the US in the first eight months of 2023 dipped 4.8 per cent to $6.1 billion, compared to the same period in 2022, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-us-8-month-trade-slips-5

ADB approves $32.5 mln to Cambodia for improving health services for migrants

The Asian Development Bank (ADB) has approved $32.5 million in financing to Cambodia for improving access to quality health services in northwest Banteay Meanchey province, the Manila-based lender said in a statement on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501172365/adb-approves-32-5-mln-to-cambodia-for-improving-health-services-for-migrants/

MFI outstanding loans stood at $5.13 billion in 2023 Q3

Total outstanding loans in the microfinance sector stood at $5.13 billion during the end of the third quarter of the last year, according to the latest data published by the Cambodia Microfinance Association (CMA). ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501422993/mfi-outstanding-loans-stood-at-5-13-billion-in-2023-q3/

PM: Funan Techo Canal groundbreaking set for August 5

Prime Minister Hun Manet announced that the groundbreaking for the Funan Techo Canal is set for August 5, noting that 51 per cent of the investment in the project will come from Cambodian financiers. ...

Ry Sochan
https://www.phnompenhpost.com/national/pm-funan-techo-canal-groundbreaking-set-for-august-5-

Twenty-seven startups and SMEs receive $5,000 to $20,000 grants

Twenty-seven local startups and small and medium enterprises (SMEs) have received grant assistance from the government to support their post-Covid recovery and enhance export potentials. ...

Thai Sothea
https://kiripost.com/stories/cambodia-twenty-seven-startups-and-smes-receive-5000-to-20000-grants

Competitiveness Improves

The World Economic Forum’s (WEF) Global Competitiveness Index 2011-2012 ranked the Philippines 75th out of 142 economies, up from 85th out of 139 in the 2010-2011 report. Last year’s placing marked a reversal of 2009’s slide to 87th in a list of 133, from 71st ...

http://www.bworldonline.com/content.php?section=TopStory&title=Competitiveness-improves&id=37920

Cross-border trade with Thailand estimated at just $1.5 million for first quarter

Cambodia’s cross border trade with Thailand fell to $1.5 million in the first quarter as the coronavirus hit the global economy and led to closure of dozens of checkpoints. ...

Khmer Times Staff
https://www.khmertimeskh.com/50721501/cross-border-trade-with-thailand-estimated-at-just-1-5-million-for-first-quarter/

Success stories from seed grant innovation awardees of the 5th Mekong ICT Camp 2017

One of the highlights of last year’s edition of the​ 5th Mekong ICT Camp 2017 hosted by Open Development Cambodia was the “Seed Grant Innovative Award”, endowed with 3,000$ for each of the five awarded teams. About half a year after the grant receivers were ...

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