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/
Over $2.1 billion collected as tax revenue in first nine months
The General Department of Taxation (GDT) collected some 8,549 billion Riel (approximately $2,111 million) as tax revenue in the first nine months of this year, representing 94.12 percent of the yearly plan. ...
Khmer Times Staff
https://www.khmertimeskh.com/50954524/over-2-1-billion-collected-as-tax-revenue-in-first-nine-months/
China-Cambodia FTA to take effect on Jan 1, 2022
The free trade agreement (FTA) signed between China and Cambodia will take effect on Jan. 1, 2022, according to the Ministry of Commerce (MOC). ...
Khmer Times Staff
https://www.khmertimeskh.com/50975664/china-cambodia-fta-to-take-effect-on-jan-1-2022/
Gov’t refutes Licadho claim of 1,000s of families in land disputes
The government has refuted claims by the Cambodia League for the Promotion and Defense of Human Rights (Licadho) that thousands of families have been involved in land disputes for the last two years and some are detained in prison for voicing their grievances. ...
UNFPA, Japanese government launch $1.17m project to support Cambodia health
The United Nations Population Fund (UNFPA) and the Japanese government yesterday jointly launched a project to support the Royal Government of Cambodia in building a resilient and responsive healthcare system during and beyond the Covid-19 pandemic. ...
Electrical exports spark to $2.1B
Exports of electrical machinery, equipment and related products surpassed $2.1 billion in the first eight months of 2023, marking a near 100 per cent growth from the same period last year, according to the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://phnompenhpost.com/business/electrical-exports-spark-21b
Q1 Canada trade dips 22% despite March rebound
The merchandise trade volume between Cambodia and Canada reached $192.720 million in the first quarter of 2023, making the world’s ninth largest economy the Kingdom’s 10th biggest trading partner for the three-month period, according to Customs (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/q1-canada-trade-dips-22-despite-march-rebound
Some 1,500 Bantengs counted in Cambodia
Around 1,500 Bantengs (Bos Javanicus) listed on the International Union for Conservation of Nature (IUCN)’s Red List of Threatened Species have been recorded in Cambodia’s forests. ...
Khmer Times Staff
https://www.khmertimeskh.com/501314869/some-1500-bantengs-counted-in-cambodia/
Some 1,500 Bantengs counted in Cambodia
Around 1,500 Bantengs (Bos Javanicus) listed on the International Union for Conservation of Nature (IUCN)’s Red List of Threatened Species have been recorded in Cambodia’s forests. ...
Khmer Times Staff
https://www.khmertimeskh.com/501314869/some-1500-bantengs-counted-in-cambodia/
Cabinet approves $1.7B Tonle Bassac project
The Council of Ministers on Friday approved the Tonle Bassac navigation and logistics system project worth approximately $1.7 billion to maximise the potential of Cambodia’s waterway transportation by connecting the Mekong River system to the sea after a 26-month study has been completed, said a ...
Kang Sothear
https://www.khmertimeskh.com/501294139/cabinet-approves-1-7b-tonle-bassac-project/
39 investment projects approved in Q1
The Council for the Development of Cambodia approved 39 fixed asset investment projects worth $294 million in the first quarter of this year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501271799/39-investment-projects-approved-in-q1/
Cambodia misses target of exporting 1m tons of rice
Hun Sen said on Monday Cambodia has not been successful in exporting one million tons of rice because of a lack of processing basics, including rice mills, dry ovens, and capital. ...
Chhorn Raksmey
https://kiripost.com/stories/cambodia-misses-target-of-exporting-1m-tons-of-rice
Lao Dams, Mining Ruining Sekong Water Quality in Cambodia
Dam-building and gold mining in southern Laos are ruining water quality downstream on the Sekong River in Cambodia, where villagers are no longer able to drink or use the water, according to an environmental group. The activities undertaken by Lao and Vietnamese companies on the Sekong’s ...
http://www.rfa.org/english/news/laos/sekong-06252013190742.html
Regional appeal courts open on April 1
Three regional appeal courts set up in the provinces will serve the public on April 1, said a Justice Ministry official. All of the appeal courts will also handle complaints sent back by the Supreme Court in Phnom Penh. ...
Taing Vida
https://www.khmertimeskh.com/50705314/regional-appeal-courts-open-on-april-1/
US trade up 35% in Q1
Bilateral trade between Cambodia and the United States has been valued at $1.678 billion for the first quarter of 2020, representing a 35 percent increase compared with the same time last year, according to trade data from the US Government. ...
Chea Vannak
https://www.khmertimeskh.com/50720675/us-trade-up-35-in-q1/
NA passes AJCEP-1st Protocol
The National Assembly on Monday approved the First Protocol to Amend the Agreement on Comprehensive Economic Partnership among Japan and Member States of the Association of Southeast Asian Nations (AJCEP – 1st Protocol). ...
Hin Pisei
https://www.phnompenhpost.com/business/na-passes-ajcep-1st-protocol
Traffic accidents drop by 17 percent in Q1
Number of road accidents saw a decrease of 17 percent or 153 cases in the first quarter of this year, compared to the same period in 2020. ...
Khmer Times Staff
https://www.khmertimeskh.com/50834544/traffic-accidents-drop-by-17-percent-in-q1/
Drought destroys 1,300ha in Pailin
An almost three months of severe drought has destroyed 1,300 hectares of crops in Pailin province that has caused untold hardship to farmers. ...
Son Minea
https://www.khmertimeskh.com/50897256/drought-destroys-1300ha-in-pailin/