International trade swells to $22B
The value of Cambodia’s international trade surged to $22 billion last year on double-digit growth of both imports and exports, according to newly released data from the Ministry of Commerce. ss='cambodia-color'>...
Cheng Sokhorng
http://www.phnompenhpost.com/business/international-trade-swells-22b
Troubled road project along Cambodia-Laos border rolls on
Work by military engineers on a contentious road skirting Cambodia’s border with Laos – which has prompted a military stand-off in the area – has quietly resumed, local officials say, even as run-ins between Cambodian and Lao military patrols in the disputed area have further ss='cambodia-color'>...
Shaun Turton and Mech Dara
http://www.phnompenhpost.com/national/troubled-road-project-along-cambodia-laos-border-rolls
US extends mine clearance grant
The United StateS haS extended for two monthS a grant to clear unexploded ordnanceS from the country through the Cambodian MineS Action Centre. SS='cambodia-color'>...
Ven Rathavong
http://www.khmertimeskh.com/5090902/us-extends-mine-clearance-grant/
Cambodia, US Extend Artifacts Trade Agreement
Cambodia and the U.S. have Signed an extenSion to a memorandum of underStanding (MoU) that impoSeS Strict import reStrictionS on artifactS dating from the Bronze Age to the end of the Angkor Empire. Hab Touch, director-general for tangible heritage at the MiniStry of Culture and SS='cambodia-color'>...
Simon Henderson
https://cambodia.opendevelopmentmekong.net/wp-admin/post.php?post=34061&action=edit&message=1
Government looks at easing investment procedures
The Cambodian government is working hard at becoming more flexible to attract foreign investments and boost external trade to keep pace with the ever changing global trading environment. ss='cambodia-color'>...
Sorn Sarath
https://www.khmertimeskh.com/50770066/government-looks-at-easing-investment-procedures/
Kingdom, US vow stronger ties
At an academic forum on Saturday to celebrate 70 yearS of Cambodia-US diplomatic tieS, Cambodian reSearcherS and officialS expreSSed hope of encouraging US inveStmentS and for that country to deepen and improve itS bilateral relationS. SS='cambodia-color'>...
Niem Chheng
https://www.phnompenhpost.com/national-politics/kingdom-us-vow-stronger-ties
The fight against devastating climate change on farming
The effects of climate change have had a devastating effect on the Cambodian economy, especially the agriculture sector, costing the country millions of dollars in losses. ss='cambodia-color'>...
Sok Chan
https://www.khmertimeskh.com/50754874/the-fight-against-devastating-climate-change-on-farming/
NBC: 4% economic growth in 2021
The National Bank of Cambodia (NBC) on December 31 forecast that the Kingdom’s economic growth will return to four percent growth this year if Covid-19 vaccines can successfully curtail the spread in the first half. The central bank’s forecast published in its Macroeconomic and Banking ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-4-economic-growth-2021
NBC conference discusses growth models for economic development
The seventh annual NBC Macroeconomic Conference 2020 commenced yesterday under the theme of “Discussion of Cambodia’s Economic Development Models”. It is being held virtually and will conclude on the morning of Dec 29. ss='cambodia-color'>...
FTAs, FDIs and tourism essential for Cambodia’s economic bounce back
Although vaccines have begun to be administered in the Kingdom, a resurgence in cases and talk of new virus variants continues to fuel economic uncertainty. Tourist numbers dropped by over 70 percent between January and september of 2020 year-on-year. ss='cambodia-color'>...
Tom Starkey
https://www.khmertimeskh.com/50822760/ftas-fdis-and-tourism-essential-for-cambodias-economic-bounce-back/
Kingdom is bolstering its logistics in anticipation of string of FTAs
With five free trade agreements (FTAs) on the docket this year, Cambodia is bolstering its logistics network in anticipation of the deals. To that end, last month the Prime Minister approved the immediate upgrade of the stung Bot, Bavet and Poipet checkpoints. ss='cambodia-color'>...
Husain Haider
https://www.khmertimeskh.com/50811861/kingdom-is-bolstering-its-logistics-in-anticipation-of-string-of-ftas/
Skyrocketing shipping costs threaten exports
The Kingdom’s exporters have expressed deepening concerns about spiraling shipping costs, which could diminish this year’s trade figures if prolonged. ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/skyrocketing-shipping-costs-threaten-exports
Ministry ‘bullish’ on prospects of recovery
The Kingdom’s real economic growth is expected to recover by 4 percent in 2021 following a contraction of 3.1 percent in 2020, according to a report from the Ministry of Economy and Finance (MEF). ss='cambodia-color'>...
Sok Chan
https://www.khmertimeskh.com/50807772/ministry-bullish-on-prospects-of-recovery/
Oil revenue no short-term fix to economic growth: PM
Prime Minister Hun sen has said that oil revenues will have less of an impact in the short term on the country’s overall economy than other traditional business sectors. His statement was made during a joint ceremony for the inauguration of the Chamkar Mon Water ss='cambodia-color'>...
Tom Starkey
https://www.khmertimeskh.com/50809405/oil-revenue-no-short-term-fix-to-economic-growth-pm/
IMF highlights divergent global recovery levels
THE International Monetary Fund’s (IMF) World Economic Outlook prediction that the globe will recover at vastly uneven levels has been brought into sharp focus in light of recent lockdowns in Cambodia. ss='cambodia-color'>...
Brian Badzmierowski
https://www.khmertimeskh.com/50842469/imf-highlights-divergent-global-recovery-levels/
Cambodian economy can grow by four percent this year
The Asian Development Bank (ADB) has projected that the Cambodian economy will grow by 4 percent this year and 5.5 percent next year, led by a robust recovery of its major trade partners. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/50864730/cambodian-economy-can-grow-by-four-percent-this-year/
S-21 marks UNESCO listing
July 31 marked the 12th anniversary of the listing of Tuol sleng Genocide Museum Archive in UNEsCO’s Memory of the World Programme. This year, it was observed virtually due to the Covid-19 pandemic. ss='cambodia-color'>...
Nov Sivutha
https://www.phnompenhpost.com/national-kr-tribunal/s-21-marks-unesco-listing
Economy to stay healthy this year, says MEF
The Ministry of Economy and Finance’s review report on budget implementation in the first half of 2023 projected Cambodian economic growth at 5.6 percent this year amidst external factors that affected global growth. ss='cambodia-color'>...
Chea Vanyuth
https://www.khmertimeskh.com/501340003/economy-to-stay-healthy-this-year-says-mef/
Cambodia’s international trade up 21 percent in January-July
Cambodia’s international trade was amounted to $32.82 billion in the first seven months of this year, a year-on-year increase by 21.3 percent. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501130188/cambodias-international-trade-up-21-percent-in-january-july/
CPP holds annual summit with Vietnam’s ruling party
Prime Minister Hun sen, in his capacity as president of the Cambodian People’s Party (CPP), had a meeting with Nguyen Phu Trong, the leader of the Communist Party of Vietnam (CPV), in Hanoi over the weekend to discuss the situations for each party. ss='cambodia-color'>...
Samban Chandara
https://www.phnompenhpost.com/national/cpp-holds-annual-summit-vietnams-ruling-party