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/
2021-23 plan for economic recovery on way: minister
Cambodia is getting ready to launch a 2021-2023 plan to lift the economy out of the Covid-19 rut and chart a course for sustainable and inclusive growth, according to Minister of Economy and Finance Aun Pornmoniroth. ...
Hin Pisei
https://www.phnompenhpost.com/business/2021-23-plan-economic-recovery-way-minister
400K tonnes of cassava for SW China
Cambodia will export 400,000 tonnes of dried cassava to the Guangxi Zhuang Autonomous Region “from March 2022 to March 2023”, under a new agreement between the Ministry of Commerce and the southwestern Chinese region, according to the ministry. ...
Hin Pisei
https://www.phnompenhpost.com/business/400k-tonnes-cassava-sw-china
LGBT Rights in Cambodia to be assessed by UN Independent Expert
The UN Independent Expert on protection against violence and discrimination based on sexual orientation and gender identity, Victor Madrigal-Borloz, has started a visit the Kingdom from Tuesday, January 10 to 20 January 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501217691/lgbt-rights-in-cambodia-to-be-assessed-by-un-independent-expert/
Cambodia receives 268,130 Chinese tourists in H1, up 771.8 pct
Cambodia attracted some 268,130 Chinese tourists during the first half of 2023, up 771.8 percent from 30,754 in the same period last year, said a Ministry of Tourism report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501335579/cambodia-receives-268130-chinese-tourists-in-h1-up-771-8-pct/
Koh Pich-Koh Norea bridge to reduce traffic congestion in Phnom Penh’s Eastern Area
A bridge connecting Koh Pich satellite city to the Koh Norea development area in Phnom Penh’s Khan Chbar Ampov has been scheduled for soft launch in November 2023. The bridge will contribute to reducing the traffic congestion in the eastern part of the capital. ...
Khmer Times Staff
https://www.khmertimeskh.com/501340205/koh-pich-koh-norea-bridge-to-reduce-traffic-congestion-in-phnom-penhs-eastern-area/
Digital technology adoption by Cambodia’s tourism MSMEs
The current state and role of digital technology adaptation in tourism-related micro, small and medium enterprises (MSMEs) in Cambodia in 2023 have been reported by the Cambodia Development Resource Institute (CDRI), under the support of the Asia Foundation. ...
Yatt Malai
https://kiripost.com/stories/digital-technology-adoption-by-cambodia-tourism-msmes
Thais and Vietnamese continue to top tourist numbers from Jan-Jul
ome 3.03 million foreign tourists arrived in Cambodia in the first seven months of 2023, an increase of 308.5 per cent compared to 743,459 visitors in the same period last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/thais-and-vietnamese-continue-top-tourist-numbers-jan-jul
Cambodia’s central bank says foreign reserves increased to $18.4 billion as of June
Cambodia’s international reserves had risen to $18.4 billion as of June 2023, up 3.2 percent from $17.82 billion at the end of 2022, said a report of the National Bank of Cambodia (NBC) on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501334799/cambodias-central-bank-says-foreign-reserves-increased-to-18-4-billion-as-of-june/
Cambodia’s exports earn $13 billion in January-July period
Cambodia exported $13.525 billion worth of goods to international markets in the January-July period of 2023, a year-on-year decrease of 2 percent, a report of the General Department of Customs and Excise showed on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501341450/cambodias-exports-earn-13-billion-in-january-july-period/
Cambodia attracts three million international tourists in seven months
Cambodia recorded some 3.03 million international visitors in the first seven of 2023, a sharp increase of 308 percent from 743,459 over the same period last year, a Ministry of Tourism’s report showed on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501348457/cambodia-attracts-three-million-international-tourists-in-seven-months/
Cambodia will host the 6th World Clean Day under the theme “Together for a river without garbage”
The National Committee for Clean City Evaluation has announced that Cambodia will hold the 6th World Clean Day from September 16–17, 2023, at Chroy Changva near Sokha Hotel, Phnom Penh, under the theme “Together for a River without Garbage.” ...
Khmer Times Staff
https://www.khmertimeskh.com/501360491/cambodia-will-host-the-6th-world-clean-day-under-the-theme-together-for-a-river-without-garbage/