Cambodia, Switzerland vow to step up trade ties
Cambodia and Switzerland have pledged to further strengthen trade relations and look into establishing a bilateral free trade agreement (FTA), as import-export flows between the two countries passed the $1.4 billion mark in 2022, according to a Ministry of Commerce statement. ...
Hin Pisei and Van Socheata
https://www.phnompenhpost.com/business/cambodia-switzerland-vow-step-trade-ties
2025 target for Cambodia to export 1 million tonnes of rice
The Cambodia Rice Federation (CRF) has set export targets for the nation at 750,000 tonnes of milled rice in 2023 and one million tonnes by 2025. This represents an over 50 percent increase compared to the export figure in 2022. ...
Khmer Times Staff
https://www.khmertimeskh.com/501237171/2025-target-for-cambodia-to-export-1-million-tonnes-of-rice/
11,177 hectares in Bokor National Park granted to tycoon Sok Kong
Oknha Sok Kong received 11,177 hectares of land inside Preah Monivong Bokor National Park via an August 4, 2022 sub-decree signed by Prime Minister Hun Sen, published in the Council of Ministers’ Royal Gazette last week. ...
Khuon Narim and Phon Sotthyroth
https://cambojanews.com/11177-hectares-in-bokor-national-park-granted-to-tycoon-sok-kong/
Mortality rate declines, population grows by 5.4m in 24 years
On the occasion of World Population Day, Prime Minister Hun Sen said that the country’s headcount has increased from 11.4 million to 16.8 million between 1998 and 2022. ...
Torn Vibol
https://www.khmertimeskh.com/501322474/mortality-rate-declines-population-grows-by-5-4m-in-24-years/
Cambodia’s trade declines 1.9% to $46.82 billion in 2023
Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501421111/cambodias-trade-declines-1-9-to-46-82-billion-in-2023/
Cambodia’s trade declines 1.9% to $46.82 billion in 2023
Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. While exports were marginally up by 1.8 percent, the imports showed a decline of five percent, according to the trade data released by the General Department of ...
Manoj Mathew
https://www.khmertimeskh.com/501421111/cambodias-trade-declines-1-9-to-46-82-billion-in-2023/
Cambodia exports over 100 tonnes of Kampot pepper
Cambodia exported 103 tonnes of the renowned Kampot pepper, registered as a Geographical Indication in the European Union, last year, recording a decrease of 11 percent compared to 2022, a report of the Kampot Pepper Promotion Association showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501420426/cambodia-exports-over-100-tonnes-of-kampot-pepper/
GDT nets $75 million from e-commerce
The General Department of Taxation (GDT) earned value-added tax (VAT) of $75.5 million on e-commerce in 2023, a year-on-year increase of 71 percent from $44 million recorded in 2022, an official report showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501429247/gdt-nets-75-million-from-e-commerce/
PAS profits jump 45 percent in one year
The Sihanoukville Autonomous Port (PAS), the only international deep-sea port of Cambodia, yesterday, reported a net profit of KHR 121.96 billion for last year, a surge of KHR 37.81 billion or 44.93 percent compared to 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501466079/pas-profits-jump-45-percent-in-one-year/
Cambodia’s exports to EU down 9.3% in 2023
Cambodia’s exports to the European Union (EU) last year were worth $3.66 billion – a more than nine percent decrease from the $4.04 billion registered in 2022, according to the Ministry of Commerce. ...
Chea Vanyuth
https://www.khmertimeskh.com/501424860/cambodias-exports-to-eu-down-9-3-in-2023/
China a market for fragrant rice
Cambodia is campaigning to boost its luxury fragrant rice exports to China, the world’s largest market, said Cambodia Rice Federation (CRF) vice-president Chan Sokheang on Thursday. Sokheang told The Post on Thursday that the CRF plans to achieve the quota that China provided Cambodia – ...
Hin Pisei
https://www.phnompenhpost.com/business/china-market-fragrant-rice
WWF gets EU funds for conservation in Mondulkiri
The European Union will be funding conservation efforts in Mondulkiri’s Srepok and Phnom Prich wildlife sanctuaries to the tune of $3.3 million over the next five years, according to a press release yesterday. The project, Advancing CSOs Capacity to Ensure Sustainability Solutions (ACCESS), will be ...
Yon Sineat
http://www.phnompenhpost.com/national/wwf-gets-eu-funds-conservation-mondulkiri
Action plan to bolster CLMV economic growth approved
Cooperation in trade and investment, human resources, and post-pandemic economic recovery will be the focus of a 2021-2022 joint plan of action freshly adopted by Cambodia, Laos, Myanmar and Vietnam (CLMV) at the 12th CLMV Economic Ministers Meeting. ...
Khmer Times Staff
https://www.khmertimeskh.com/50758411/action-plan-to-bolster-clmv-economic-growth-approved/
PM adds $2 to minimum wage agreed for next year
The National Council on Minimum Wage (NCMW) voted to set minimum wage for workers in the garment, textile and footwear sectors at $192 for 2022. Prime Minister Hun Sen then stepped in to add $2 to the total, making it $194 per month. ...
Long Kimmarita
https://www.phnompenhpost.com/national/pm-adds-2-minimum-wage-agreed-next-year
Tripartite talks over minimum wage start
Tripartite discussions on the 2022 minimum wage for workers in the garment, textile and footwear sectors were set to begin on September 14. According to industry observers, the employers are planning to offer $183.40, as opposed to $214.20 requested by trade unions. ...
Long Kimmarita
https://www.phnompenhpost.com/national/tripartite-talks-over-minimum-wage-start
Ministry gives greenlight to resume early education
Minister of Education, Youth and Sport Hang Chuon Naron has given the green light for early childhood education service providers to resume operations nationwide from January 10 through at least October 31, 2022. ...
Voun Dara
https://www.phnompenhpost.com/national/ministry-gives-greenlight-resume-early-education
Cambodia-Korea Free Trade Agreement Law promulgated
His Majesty King Norodom Sihamoni, King of the Kingdom of Cambodia, has signed into law the ratification of the Free Trade Agreement between Cambodia and South Korea on January 29, 2022, after it was cleared by the National Assembly and Senate. ...
Khmer Times Staff
https://www.khmertimeskh.com/501018386/cambodia-korea-free-trade-agreement-law-promulgated/
Cambodia FDI inflows zoom 22 percent at $4.35 billion in 2021
The fourth quarter in 2020 saw the start of a sharpest global FDI uptrend since the 2008 recession, which resulted in a global FDI flow of $1.65 trillion in 2021, up 77 percent from $929 billion in 2020. South East Asia netted $184 billion, surpassing ...
Josh Downs
https://www.khmertimeskh.com/501037592/cambodia-fdi-inflows-zoom-22-percent-at-4-35-billion-in-2021/
Apsara National Authority preserves Khmer architecture in Angkor park
In the first quarter of 2022, the Apsara National Authority (ANA) – a state body tasked with managing the Angkor Archaeological Park – approved 314 of the 439 renovation and construction requests it received from residents of its managed area. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/apsara-national-authority-preserves-khmer-architecture-angkor-park
Ministry plans to boost primary school education awareness
Ministry of Education plans to increase primary education awareness as the target number of children registering to study in primary school is declining. The registration target of 63.2 percent of children was not reached with only 61.1 percent registering in 2020-2021 and dropping to 59.58 ...
Yim Sreylin
https://www.khmertimeskh.com/501064482/ministry-plans-to-boost-primary-school-education-awareness/
