Labour unions in Cambodia want minimum wage of $204-214 ahead of talks
Cambodian labour unions have quoted $204-214 as the minimum wage for the textile, garment, footwear, bags and travel goods sectors in 2023—up from this year’s $194—ahead of negotiations this month among worker associations. Bilateral and tripartite talks between government officials, factory owners and workers are ...
Khmer Times Staff
https://www.khmertimeskh.com/501107632/labour-unions-in-cambodia-want-minimum-wage-of-204-214-ahead-of-talks/
Rain, cold weather expected to dampen cashew nut output
The Cashew nut Association of Cambodia (CAC) requested that relevant authorities speed up the implementation of a national cashew nut policy amid unfavourable weather conditions that experts predict will lower Cambodia’s overall cashew output for 2023. ...
Van Socheata
https://www.phnompenhpost.com/national/rain-cold-weather-expected-dampen-cashew-nut-output
World Bank says Cambodia needs to diversify its tourism products and improve its trade competitiveness
Cambodia’s economy is on a recovery path, with growth predicted to accelerate to 5.5 per cent in 2023, led by manufacturing exports, according to a World Bank report. ...
Khmer Times Staff
https://www.khmertimeskh.com/501293706/world-bank-says-cambodia-needs-to-diversify-its-tourism-products-and-improve-its-trade-competitiveness/
Cambodia posts some $89 million in rice exports to China in H1
Cambodia raked in $88.9 million from exporting 138,364 tonnes of milled rice to China in the first half of 2023, according to the Cambodia Rice Federation (CRF). ...
Khmer Times Staff
https://www.khmertimeskh.com/501321641/cambodia-posts-some-89-million-in-rice-exports-to-china-in-h1/
First dead dolphin of the year, conservation worries rise
An Irrawaddy Dolphin was found dead on March 19, marking the first passing of the critically endangered species for the year 2023, and alarming conservationists over their potential extinction. ...
Teng Yalirozy
https://cambodianess.com/article/first-dead-dolphin-of-the-year-conservation-worries-rise
Press release on the outcome of the 6th General Assembly of the Council for the Promotion of Francophonie in Cambodia (CPFC)
On 23 March 2023, the Ministry of Foreign Affairs and International Cooperation issued a press release on the outcome of the 6th General Assembly of the Council for the Promotion of Francophonie in Cambodia (CPFC). ...
Ministry of Foreign Affairs and International Cooperation
Cambodia’s international trade recorded at over $19 billion in first five months
The total trade volume between Cambodia and its partners around the world reached more than $19 billion in the first five months of 2023, down 14 percent compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501307770/cambodias-international-trade-recorded-at-over-19-billion-in-first-five-months/
PM Hun Manet reaffirms Cambodia’s growth for this year is at 5.6 percent
Cambodia maintained its economic growth prediction at 5.6 percent in 2023 and raised it to 6.6 percent in 2024, the country’s Prime Minister Hun Manet said here on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501397374/pm-hun-manet-reaffirms-cambodias-growth-for-this-year-is-at-5-6-percent/
IMF reviews Cambodia’s economy
Cambodia’s economic growth is predicted to expand by 5.3 percent in 2023 and six percent in 2024, according to the International Monetary Fund (IMF) after concluding a mission in the country. ...
Meas Molika
https://kiripost.com/stories/imf-reviews-cambodia-economy
Cambodia makes $1.2 bln from exports of raw cashew nuts, rubber in 10 months
Cambodia earned a total of $1.2 billion from the exports of raw cashew nuts and dry rubber during the first 10 months of 2023, according to official reports on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501399578/cambodia-makes-1-2-bln-from-exports-of-raw-cashew-nuts-rubber-in-10-months/
‘Fintech playing key role in financial inclusion efforts’
The fintech sector is playing a major role in the financial inclusion efforts pioneered by the National Bank of Cambodia (NBC), Governor Dr Chea Serey said while delivering the keynote address at the CamTech Summit 2023 yesterday at the Centre for Banking Studies. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501399932/fintech-playing-key-role-in-financial-inclusion-efforts/
Cambodia’s total public debt stands at $10.72 billion as of September
The Cambodian government had a total public debt of $10.72 billion as of September 2023, according to the Cambodia Public Debt Statistical Bulletin released by the Ministry of Economy and Finance on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501404146/cambodias-total-public-debt-stands-at-10-72-billion-as-of-september/
Kingdom’s port sees remarkable rise in container throughput
The state-owned port Sihanoukville Autonomous Port (PAS) witnessed remarkable growth in container throughput in 2023, according to the annual report of the Ministry of Public Works and Transport on Friday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501449704/kingdoms-port-sees-remarkable-rise-in-container-throughput/
Cambodia’s economy projected at 6.6 pct in 2024: PM
Cambodia is expected to see a 6.6-percent rise in its economy in 2024 from 5.6 percent in 2023, the country’s Prime Minister Hun Manet said here on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501466941/cambodias-economy-projected-at-6-6-pct-in-2024-pm/
FDI inflows into manufacturing remain high
Foreign direct investment (FDI) inflows into the manufacturing sector remained high, after investment into construction and real estate, as per the Annual Financial Stability Review Report 2023 of the National Bank of Cambodia (NBC). ...
Rachel David
https://www.khmertimeskh.com/501491715/fdi-inflows-into-manufacturing-remain-high/
NGOs praise solar energy push
Six non-governmental organisations on Tuesday praised the government’s decision to increase electricity generated by solar panels up to 20 percent of national output by 2023. The organisations included the NGO Forum on Cambodia, 3s Rivers Protection Network, My Village, Culture and Environment Preservation Association, Fisheries ...
Pech Sotheary
https://www.khmertimeskh.com/50638118/ngos-praise-solar-energy-push/
NEC introduces spokesmen ahead of elections
The National Election Committee (NEC) has announced the creation of a spokesperson team to communicate with the public and local and International news agencies as it prepares to hold the communes and general elections in 2022 and 2023, respectively. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/nec-introduces-spokesmen-ahead-elections
Up to 6.3 million land tittles issued to date
The Ministry of Land Management, Urban Planning and Construction issued some 6.3 million land titles to people as of November this year, and set to reach 100 percent of land registration by the year of 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/50967311/up-to-6-3-million-land-tittles-issued-to-date/
ASEAN 56th anniversary celebrated
The Ministry of Foreign Affairs and International Cooperation August 8 organised the ASEAN Day 2023 to celebrate the 56th anniversary of the founding of the regional bloc. ...
Samban Chandara
https://www.phnompenhpost.com/national/asean-56th-anniversary-celebrated
Lightning strikes, fires, storms kill 90 in Cambodia in January-July
Lightning strikes, fires and storms had claimed 90 lives in Cambodia in the first seven months of 2023, the spokesperson for the National Committee for Disaster Management (NCDM) said on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501335588/lightning-strikes-fires-storms-kill-90-in-cambodia-in-january-july/