High hopes as RCEP enters into force Jan 1
The Regional Comprehensive Economic Partnership (RCEP) will enter into force on January 1, and local economists and businessmen expect huge benefits from one of the world’s largest free trade agreements. ...
Hom Phanet
https://www.phnompenhpost.com/business/high-hopes-rcep-enters-force-jan-1
Cambodia-Vietnam trade grows 13.6% in Q1
Bilateral trade between Cambodia and Vietnam totalled $1.72205 billion in the first quarter of 2022, representing a 13.6 per cent increase from the $1.5153 billion recorded in the corresponding period last year, according to Customs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-vietnam-trade-grows-136-q1
$1m initiative to push sustainable tourism
WWF Cambodia has launched a $1 million project to support post-Covid recovery and the development of sustainable tourism in Cambodia by introducing solar and cooling systems to the sector. ...
Mao Sreypich
https://kiripost.com/stories/1m-initiative-to-push-sustainable-tourism
Residents volunteering to move out of Angkor area receive level 1 IDPoor with urban rate
Households volunteering to move out of Angkor Archaeological Park to live in Run Ta Ek and Peak Sneng areas in Siem Reap province will receive each Level 1 IDPoor and the same allowance rate as in urban areas. ...
Khmer Times Staff
https://www.khmertimeskh.com/501165655/residents-volunteering-to-move-out-of-angkor-area-receive-level-1-idpoor-with-urban-rate/
Joint venture funds coming to Cambodia ‘by end of Q1’
The Securities and Exchange Regulator of Cambodia (SERC) is set to authorise the establishment of joint venture funds in the first quarter of this year ending March 31, as the underlying regulatory framework nears completion, paving the way for licensed companies to raise money for ...
May Kunmakara
https://www.phnompenhpost.com/business/joint-venture-funds-coming-cambodia-end-q1
Call for $1 donations to support elephant conservation
An organisation devoted to elephant conservation in Cambodia is calling for $1 donations for its For Elephant’s Smile campaign to conserve elephants and the communities that care for them in the foothills of Kulen Mountain. ...
Yatt Malai
https://kiripost.com/stories/cambodia-call-for-1-donations-to-support-elephant-conservation
Cambodia-Japan trade volume decreases slightly by 3.7 percent to $1.01 Billion in H1, 2020
The volume of bilateral trade between Cambodia and Japan was recorded at $1.01 billion in the first half of this year, a year-on-year decrease of 3.7 percent. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50755518/cambodia-japan-trade-volume-decreases-slightly-by-3-7-percent-to-1-01-billion-in-h1-2020/
Smart Axiata accounts for 1.5 per cent of GDP
Smart Axiata Co Ltd, the Kingdom’s leading mobile telecommunications operator, contributed nearly $374 million to the Cambodian economy last year, accounting for 1.5 per cent of gross domestic product (GDP), its CEO Thomas Hundt said on Wednesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/smart-axiata-accounts-15-cent-gdp
Rubber exports up by 10 percent in Q1
Cambodia’s rubber export has increased 10 percent in the first quarter of this year compared with the same period last year, but the price of the commodity showed a slight decrease, according to a report from Ministry of Agriculture, Forestry and Fisheries. ...
Chea Vannak
https://www.khmertimeskh.com/50714831/rubber-exports-up-by-10-percent-in-q1/
Rocky road for logistics after dull H1
Cambodia Logistics Association (CLA) president Sin Chanthy told The Post on Thursday that despite the current surge in agricultural product exports – especially milled rice – overall activity in the sector saw minimal growth last month compared to March, April and May, with goods shipments ...
Hin Pisei
https://www.phnompenhpost.com/business/rocky-road-logistics-after-dull-h1
UN gives $1 million for migrant-worker support programme
The United Nations is providing $1 million for a joint programme with the government to provide support to returning migrant workers in three provinces. Interior Minister Sar Kheng said yesterday the six-month programme will be carried out in Banteay Meanchey, Battambang and Siem Reap provinces. ...
Khmer Times Staff
https://www.khmertimeskh.com/50744697/un-gives-1-million-for-migrant-worker-support-programme/
CMA members restructure $1.4B in loans
Financial institutions that are members of the Cambodia Microfinance Association (CMA) restructured some $1.397 billion in loans for 289,422 borrowers as of February 28 since the National Bank of Cambodia (NBC) on March 27 issued a circular on loan restructuring during Covid-19, according to CMA. ...
May Kunmakara
https://www.phnompenhpost.com/business/cma-members-restructure-14b-loans
Remittances fall 17% to $1.2B in 2020: NBC data
Cambodia received $1.2 billion in remittances from migrant workers abroad last year, marking a sharp 17 per cent drop from $1.5 billion in 2019, the National Bank of Cambodia reported. ...
May Kunmakara
https://www.phnompenhpost.com/business/remittances-fall-17-12b-2020-nbc-data
1M rapid test kits touch down
The Ministry of Health purchased one million SD Biosensor Covid-19 rapid test kits from South Korea, with its shipment arriving in the Kingdom on Saturday through coordination by the Cambodian embassy there. ...
Long Kimmarita
https://www.phnompenhpost.com/national/1m-rapid-test-kits-touch-down
Volume of agriculture exports up 85% in H1
Cambodia exported 4,454,505.33 tonnes of agricultural products in the first half of this year, surging by 84.64 per cent year-on-year, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon on June 30. ...
Hin Pisei
https://www.phnompenhpost.com/business/volume-agriculture-exports-85-h1
SSEZ handles $1.2B in goods
The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) reached $1.185 billion in the first seven months of 2021, an increase of 44.51 per cent year-on-year, the operator reported. ...
Thou Vireak
https://www.phnompenhpost.com/business/ssez-handles-12b-goods
Customs logs nearly $1.16B in first half 2021
The Ministry of Economy and Finance’s General Department of Customs and Excise of Cambodia (GDCE) collected $1.1595 billion in revenue in the first half of 2021, down 8.9 percent year-on-year. ...
Thou Vireak
https://phnompenhpost.com/business/customs-logs-nearly-116b-first-half-2021
Cambodia launches 1st B2B2C e-commerce platform
Cambodia on Thursday launched the country’s first business-to-business-to-customer (B2B2C) e-commerce platform, aiming to help small and medium-sized enterprises (SMEs) sell their products to potential clients, said Commerce Minister Pan Sorasak. ...
Khmer Times Staff
https://www.khmertimeskh.com/501050763/cambodia-launches-1st-b2b2c-e-commerce-platform/
PPSP revenue grows 153%, net loss narrows 26% in Q1
Public-listed special economic zone (SEZ) developer Phnom Penh SEZ Plc (PPSP) has reported a sharp increase in total revenue and lower net loss in the first quarter of 2022, a filing with Cambodia Securities Exchange (CSX) showed. ...
May Kunmakara
https://www.phnompenhpost.com/business/ppsp-revenue-grows-153-net-loss-narrows-26-q1
Tax collection surges 28 percent to $1,726 million
Cambodia collected $1,726 million in tax income in the January-May period this year, a 27.95% increase as compared to the same period last year, according to an official statement yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501094545/tax-collection-surges-28-percent-to-1726-million/