Cambodia’s foreign trade declines 29% in January
Cambodia’s foreign trade declined by 29 percent in January 2023 compared to the same period in 2022 and recorded $3.4 billion, according to a report by the General Department of Customs and Excise (GDCE) yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501238161/cambodias-foreign-trade-declines-29-in-january/
Cambodia’s trade valued at over $6.8 billion in first two months
The total trade volume between Cambodia and other countries around the world reached more than $6.8 billion in the first two months of 2023, down 21.8 percent when compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501254157/cambodias-trade-valued-at-over-6-8-billion-in-first-two-months/
Cambodia-China trade at $1.7B in first two months
The trade volume between Cambodia and China reached $1.7 billion in the first two months of 2023, down 15.6 percent year-on-year, according to a report from the General Department of Customs and Excise. ...
Chea Vanyuth
https://www.khmertimeskh.com/501255082/cambodia-china-trade-at-1-7b-in-first-two-months/
PPAP posts over $8 million in revenue in Q1, a decrease of 13 percent
Publicly-listed river port operator, Phnom Penh Autonomous Port (PPAP), reported a revenue of some US $8.23 million during the first three months of 2023, a year-on-year decrease of 13 percent. ...
Khmer Times Staff
https://www.khmertimeskh.com/501277374/ppap-posts-over-8-million-in-revenue-in-q1-a-decrease-of-13-percent/
Cambodia earns $ 77.4 mln from milled rice export to China in first 5 months
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- Khmer Times
- Exports / Rice / Trade
Cambodia exported 118,041 tons of milled rice to China in the first five months of 2023, earning $ 77.4 million in revenue, said the Cambodia Rice Federation (CRF)’s press release on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501305365/cambodia-earns-77-4-mln-from-milled-rice-export-to-china-in-first-5-months/
ASEAN discusses maritime protection
The Indonesian Maritime Security Agency (Bakamla) chaired the 2023 ASEAN Coast Guard Forum in Jakarta from June 6-9 to discuss cooperation in protecting waters from various threats, including illegal fishing. ...
Khmer Times Staff
https://www.khmertimeskh.com/501305974/asean-discusses-maritime-protection/
Draft intellectual property policy set for Cabinet
This year has seen the National Committee for Intellectual Property Rights (NCIPR) finalise a significant draft IP policy 2023-28 for submission to the Council of Ministers, as stated by minister and NCIPR chairman Pan Sorasak. ...
Sok Raksa
https://www.phnompenhpost.com/business/draft-intellectual-property-policy-set-cabinet
Cambodia’s exports 8 percent down in first two months, commerce ministry wants to reassure
Cambodia sees a fall in exports in the first two months of 2023, down 8.6 percent compared to the same period last year. It is, however, not a worrying sign, the Commerce Ministry said. ...
Teng Yalirozy
https://cambodianess.com/article/cambodias-exports-8-percent-down-in-first-two-months-commerce-ministry-wants-to-reassure
9,034 drug suspects arrested, nearly 1 tonne of narcotics seized
Cambodian authorities had arrested 9,034 drug-related suspects, including 167 foreigners, in 3,764 cases during the first half of 2023, said an Anti-Drug Police Department’s (ADP) report on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501317958/9034-drug-suspects-arrested-nearly-1-tonne-of-narcotics-seized/
Spike in dengue fever cases
Cambodia recorded a record number of dengue fever cases in the first nine months of 2023, reaching 21,568. This marks a huge 184 percent hike from the same period last year, with the population urged to take precautions. ...
Marissa Carruthers
https://kiripost.com/stories/spike-in-dengue-fever-cases
Firm to boost live shrimp exports to China in ’24
A Local firm is planning to increase its export of live mantis shrimp to the Chinese market this year, after several shipments proved to be a commercial success in the Chinese market in 2023. ...
Van Socheata
https://www.phnompenhpost.com/business/firm-to-boost-live-shrimp-exports-to-china-in-24
Cambodia’s GDP per capita to reach $2,071 next year: report
Cambodia’s GDP per capita is forecast to hit $2,071 in 2024, up from some $1,917 in 2023, said a report from the Ministry of Economy and Finance on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501383721/cambodias-gdp-per-capita-to-reach-2071-next-year-report/
Cambodia, the fastest growing economies in Southeast Asia, and third in Asia in 2024
Cambodia leads the growth projection in Southeast Asia in 2024, according to Seasia Stats based on Southeast Asia’s 2024 GDP growth projection from the IMF’s October 2023 Outlook and January 2024 update. ...
Khmer Times Staff
https://www.khmertimeskh.com/501468871/cambodia-the-fastest-growing-economies-in-southeast-asia-and-third-in-asia-in-2024/
NBC reports 44% surge in electronic riel transactions
National Bank of Cambodia (NBC) governor Chea Serey announced an increase in electronic transactions and payments in Cambodian riel for 2023, noting that they were 44% higher than in 2022. ...
Van Socheata
https://www.phnompenhpost.com/national/nbc-reports-44-surge-in-electronic-riel-transactions
Jewellery exports hit $851M in ‘23; exhibition upcoming
Cambodia garnered over $851 million from the export of jewellery and precious stones to the international market in 2023, represents a surge of 261% increase compared to 2022, as per the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/jewellery-exports-hit-851m-in-23-exhibition-upcoming
Cambodia steps up fight against climate change
Considered one of the most vulnerable countries in the world to the effects of climate change, the Royal Government of Cambodia is taking major steps to improve its resilience and reduce its disaster risk with support from the UN Office for Disaster Risk Reduction. To ...
Omar H. Amach
https://www.unisdr.org/archive/64687
Kingdom will export one million tonnes of rice by 2022, says CRF
The Cambodia Rice Federation (CRF) has committed to raising the Kingdom’s rice exports to one million tonnes by 2022, its president Song Saran said on Wednesday. The comment was made at the Strategic Plan 2020-2023 Consultation Workshop, which was attended by CRF members, ministry representatives, ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-will-export-one-million-tonnes-rice-2022-says-crf
Hun Sen says water levels may cause power cuts in capital
Speaking at the official launch of the National Strategic Development Plan 2019-2023 in Phnom Penh, Mr Hun Sen said steps to increase the power supply are ongoing and apologised for any inconvenience caused if blackouts do occur. ...
Khmer Times staff
https://www.khmertimeskh.com/658075/hun-sen-says-water-levels-may-cause-power-cuts-in-capital/
First buses, now trains could come to capital
As part part of its multibillion-dollar Urban Transport Master Plan, Japan International Cooperation Agency (JICA) unveiled a modern rail system for Phnom Penh yesterday that could begin operation as soon as 2023. The trains would thin out traffic on the capital’s choked-up roads, which currently lack ...
Charles Rollet
http://www.phnompenhpost.com/national/first-buses-now-trains-could-come-capital
Fiscal revenue growth revised down
The Cambodian government has revised its target for year-on-year fiscal revenue growth to 0.3 percent of gross domestic product (GDP), down from the planned 0.5 percent increases as outlined in the original Revenue Mobilisation Strategy 2019-2023. ...
Harrison White
https://www.khmertimeskh.com/50777271/fiscal-revenue-growth-revised-down/
