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IMF’s Georgieva: Cambodian economy to grow 4.2% in 2021

International Monetary Fund (IMF) managing director Kristalina Georgieva on April 7 said the Cambodian economy is expected to grow 4.2 percent this year, following a 3.5 percent contraction in 2020, but cautioned that local governments around the world should proceed with prudential policies and proactive ...

May Kunmakara
https://www.phnompenhpost.com/business/imfs-georgieva-cambodian-economy-grow-42-2021

2nd phase of cash assistance for COVID-19 hard-hit people to start next Tuesday

The Royal Government will launch the second phase of cash assistance for those who have been seriously affected by COVID-19 stricken lockdown period on July 13. ...

Khmer Times Staff
https://www.khmertimeskh.com/50890285/2nd-phase-of-cash-assistance-for-covid-19-hard-hit-people-to-start-next-tuesday/

Tax collection exceeds $2.56 billion for first 11 months

The General Department of Taxation collected $2.56 billion in tax revenue between January to November this year, exceeding the 2021 targeted plan. Officials and key insiders said the exceeding revenue in the tax sector reflected the government’s efforts on efficient tax collection and the business ...

Chea Vanyuth
https://www.khmertimeskh.com/50988560/tax-collection-exceeds-2-56-billion-for-first-11-months/

Minister mulls blacklisting firm over National Road 2, 22

Minister of Public Works and Transport Sun Chanthol has warned that a South Korean company that was awarded the contracts to construct stretches of National Roads 2 and 22 may be blacklisted from operating in the Kingdom after the ministry determined it had worked too ...

Lay Samean
https://www.phnompenhpost.com/national/minister-mulls-blacklisting-firm-over-national-road-2-22

More than 2,000 diplomas to be handed out by PM

Prime Minister Hun Sen is scheduled to preside over the handing out of diplomas to more than 2,000 students graduating from the Royal School of Administration. ...

Khmer Times Staff
https://www.khmertimeskh.com/501093197/more-than-2000-diplomas-to-be-handed-out-by-pm/

Battambang attracts over 2.31 million tourists in five years

The Battambang province attracted approximately 2,315,126 local tourists and 256,561 international tourists during the last five years, a press release of the Ministry of Information (MoI) said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501342421/battambang-attracts-over-2-31-million-tourists-in-five-years/

Cambodia signs contract with Chinese firm to build 2nd expressway

Cambodia on Thursday granted a concessional contract to China Road and Bridge Corporation (CRBC) to invest in constructing and operating the second expressway connecting its capital Phnom Penh with Svay Rieng province’s Bavet City on the border with Vietnam. ...

Khmer Times Staff
https://www.khmertimeskh.com/501293216/cambodia-signs-contract-with-chinese-firm-to-build-2nd-expressway/

Cambodia attracts $1.39 bln investment in first 2 months of 2024

Cambodia approved fixed-asset investment projects worth $1.39 billion in the first two months of 2024, a significant rise of about 500 percent compared to the same period last year, a Council for the Development of Cambodia (CDC)’s report said on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501454423/cambodia-attracts-1-39-bln-investment-in-first-2-months-of-2024/

2,500 Business Operators join Cambodia international trade fair 2024

“Cambodia International Trade Fair 2024” has gathered over 2,500 international business operators from 16 countries to explore investment opportunities in the Kingdom. ...

Khmer Times Staff
https://www.khmertimeskh.com/501486627/2500-business-operators-join-cambodia-international-trade-fair-2024/

Mekong Communities Tell of Hardship From Hydropower Dams

About 200 people from Thailand, Vietnam and Cambodia affected by hydropower dam projects on the Mekong River and its tributaries gathered in Phnom Penh yesterday to share their experiences of how their lives have been adversely affected since the dams were constructed. Speaking at the ...

http://www.cambodiadaily.com/news/mekong-communities-tell-of-hardship-from-hydropower-dams-28793/

GDT collects $2.4B in revenue from taxation in first 10 months

The government collected $2.40 billion in revenue from taxation during the first 10 months of this year – up 28.31 per cent year-on-year from $1.873 billion – a report from the General Department of Taxation (GDT) said on Monday. ...

Hin Pisei
https://www.phnompenhpost.com/business/gdt-collects-24b-revenue-taxation-first-10-months

Japan provides almost $2M to aid mine clearance efforts

The Cambodian Mine Action Centre (CMAC) and Japan International Cooperation Agency (Jica) on Tuesday signed the Record of Discussion on Technical Cooperation for the Project for Strengthening Organisational Functions of CMAC to implement mine clearance action for the next four years. The project will receive ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/japan-provides-almost-2m-aid-mine-clearance-efforts

Migrant remittances total $2.8B last year

Cambodia migrant workers last year sent $2.8 billion back home in remittances, according to the latest report by the Ministry of Labour and Vocational Training. Speaking at an annual gathering last week, Minister Ith Sam Heng said the ministry continues to manage the employment and labour ...

Thou Vireak
https://www.phnompenhpost.com/business/migrant-remittances-total-28b-last-year

Cambodia and Japan: $2.3 billion record trade in 2019

Cambodia and Japan’s bilateral trade rose by 13 percent last year to $2,292 million, according to a recent report from the Japan External Trade Organisation (JETRO). ...

Chea Vannak
https://www.khmertimeskh.com/50709857/cambodia-and-japan-2-3-billion-record-trade-in-2019/

More than 2,000 forestry crimes uncovered from January till April

The Ministry of Environment said today that a total of 2,333 cases of natural resource offences were cracked down by rangers in the first four months of this year and nearly 200 people have been sent to court. ...

Pech Sotheary
https://www.khmertimeskh.com/50729939/more-than-2000-forestry-crimes-uncovered-from-january-till-april/

$2.3 million approved by SME Bank

The SME Co-Financing Scheme (SCFS) has received 13 applications with a total loan approval value of $2.338 million as of June 11, a senior executive officer of the SME Bank of Cambodia told Khmer Times. ...

Sok Chan
http://khmertimeskh.com/50734391/2-3-million-approved-by-sme-bank/

Former general manager stands trial for $2m embezzlement

The Phnom Penh Municipal Court yesterday began the trial for a former oil and gas company general manager accused of stealing nearly $2 million from the company between 2018 and 2019. ...

Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50740990/former-general-manager-stands-trial-for-2m-embezzlement/

$2.7 million of investment welcome in times of need

Logwood Apparel Co Ltd has been given the go-ahead from the Council for the Development of Cambodia (CDC) to build a factory in Kandal Stung district, Kandal province. The newly-approved project with a total investment of $2.7 million covers the production of clothes and medical ...

Jason Boken
https://www.khmertimeskh.com/50764132/2-7-million-of-investment-welcome-in-times-of-need/

EU $2billion pledge benefits Cambodia’s education system

The European Union (EU) has pledged €1.7 billion (about $2 billion) to the Global Partnership for Education (GPE) with an objective to help reform education system in 90 countries around the world including Cambodia. ...

Tin Sokhavuth
https://www.khmertimeskh.com/50906313/eu-2billion-pledge-benefits-cambodias-education-system/

Cambodia’s tourism to recover after 2 years of slump

Cambodia’s tourism industry is projected to rebound in 2022 after a two-year significant fall due to the COVID-19 pandemic, a tourism official said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501017486/cambodias-tourism-to-recover-after-2-years-of-slump/

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