Cambodian government funnels $26.5 million into construction of national vocational schools for tourism
The Royal Government of Cambodia has spent about $26.5 million to build the first two national tourism vocational schools, in Phnom Penh and Preah Sihanouk. ...
Khmer Times Staff
https://www.khmertimeskh.com/501187463/cambodian-government-funnels-26-5-million-into-construction-of-national-vocational-schools-for-tourism/
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
Cambodia’s economy driven by garment exports, tourism is to grow by 5.6% in 2024
Cambodia’s economy is projected to grow by 5.6 % this year, up from 5% compared to last year, boosted by a rise in garment exports and ongoing tourism recovery, said an ASEAN+3 Macroeconomic Research Office (AMRO) press release on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501554331/cambodias-economy-driven-by-garment-exports-tourism-is-to-grow-by-5-6-in-2024/
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
PM Hun Sen directs Government to purchase 5.2 million face masks for nationwide distribution
Prime Minister Hun Sen has ordered the purchase of 5.2 million face masks to distribute to Cambodian people and doctors nationwide. ...
Khmer Times Staff
https://www.khmertimeskh.com/50707896/pm-hun-sen-directs-government-to-purchase-5-2-million-face-masks-for-nationwide-distribution/
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/
ADB commits $1.26 bln to support Cambodia’s development for 5 years
The Asian Development Bank (ADB) announced in a news release on Wednesday that it has committed approximately $1.26 billion to support the Cambodian government from 2024 to 2028. ...
Khmer Times Staff
https://www.khmertimeskh.com/501505346/adb-commits-1-26-bln-to-support-cambodias-development-for-5-years/
CDC approves nearly 400 investment projects worth over $7.5 billion in one year
From September 2023 to August 2024, in the first year of the 7th-mandate the Royal Government of Cambodia, the Council for Development of Cambodia (CDC) granted licences to 391 new investment projects and production expansion projects with a combined capital of over $7.5 billion. ...
Khmer Times Staff
https://www.khmertimeskh.com/501549890/cdc-approves-nearly-400-investment-projects-worth-over-7-5-billion-in-one-year/
Microfinance sector provided $5.12B loans to 1.57M clients in 2023
The microfinance sector has provided a credit sum of $5.12 billion to 1.57 million clients, an average of $3,260 per account last year, creating direct employment for 21,567 people nationwide with a business network of 904 offices. ...
Nhean Chamrong
https://www.khmertimeskh.com/501440074/microfinance-sector-provided-5-12b-loans-to-1-57m-clients-in-2023/
China pledges to donate 5 million doses of Covid vaccines to Cambodia, says PM Hun Sen
Prime Minister Hun Sen on Monday said that the government has an order to purchase 3 million doses of Covid-19 vaccines, with China pledging to donate five million doses to accelerate the inoculation drive. ...
USAIDS donates $5 million towards improvement of life of Khmer Rouge survivors
The United States Agency for International Development (USAID) in Cambodia donated an additional $5 million towards the improvement of living conditions of Khmer Rouge survivors. ...
Khmer Times Staff
https://www.khmertimeskh.com/50941437/usaids-donates-5-million-towards-improvement-of-life-of-khmer-rouge-survivors/
PM Hun Manet reaffirms Cambodia’s growth for this year is at 5.6 percent
Cambodia maintained its economic growth prediction at 5.6 percent in 2023 and raised it to 6.6 percent in 2024, the country’s Prime Minister Hun Manet said here on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501397374/pm-hun-manet-reaffirms-cambodias-growth-for-this-year-is-at-5-6-percent/
PM Hun Manet reaffirms Cambodia’s growth for this year is at 5.6 percent
Cambodia maintained its economic growth prediction at 5.6 percent in 2023 and raised it to 6.6 percent in 2024, the country’s Prime Minister Hun Manet said here on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501397374/pm-hun-manet-reaffirms-cambodias-growth-for-this-year-is-at-5-6-percent/
ADB urges green investment ramp up
Although a multitude of risks grey Cambodia’s outlook this year, gross domestic product (GDP) growth is forecast a tad higher at 5.5 percent from an estimated 5.2 percent in 2022, according to the Asian Development Bank (ADB) earlier this month. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-adb-urges-green-investment-ramp-up
Cambodia tourist target under challenge
A Cambodian plan to attract 5 million tourists to the country in 2015 is hanging in the balance despite a rise in the first half of this year. Cambodia set 5 million tourists as the target this year, an increase from 4.5 million last year. ...
Bangkok Post News Staff
http://www.bangkokpost.com/news/asean/654708/cambodia-tourist-target-under-challenge
A 14.5kg critically endangered Cantor’s Giant Softshell Turtle released into the wild
The WCS Turtle Conservation Team and Community Fishery have recently released a critically endangered Cantor’s Giant Softshell Turtle into the wild safely. ...
Khmer Times Staff
https://www.khmertimeskh.com/50811903/a-14-5kg-critically-endangered-cantors-giant-softshell-turtle-released-into-the-wild/
$1.5 billion collected as VAT till Nov 2022; June most rewarding
The Royal Government of Cambodia collected $1.5 billion in value added tax (VAT) for goods and services in the first eleven months of 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501216673/1-5-billion-collected-as-vat-till-nov-2022-june-most-rewarding/
Nearly 2 million vehicles travel on Chinese-invested expressway in Cambodia in 5 months
Almost 1.9 million vehicles had travelled on the Phnom Penh-Sihanoukville Expressway in the first five months since its opening to the public last October, the Ministry of Public Works and Transport said in a news release on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501247347/nearly-2-million-vehicles-travel-on-chinese-invested-expressway-in-cambodia-in-5-months/