PM pushes ahead with Cambodia vision 2030
Prime Minister Hun Manet laid out plans for Cambodia to graduate to an upper-middle income country by 2030 and strengthen the nation’s resilience and sustainability beyond then at the Cambodia Outlook Conference 2023. ...
PichBormey Chhim PichBormey
https://kiripost.com/stories/pm-hun-manet-pushes-ahead-with-cambodia-vision-2030
Milled rice exporters optimistic
Cambodia exported over 656,000 tonnes of milled rice in 2023, marking a 3% increase from the previous year and generating over $465 million in revenue, a rise of 13%, as reported by the Cambodia Rice Federation (CRF), the Kingdom’s apex rice industry body. ...
Van Socheata
https://www.phnompenhpost.com/business/milled-rice-exporters-optimistic
Cambodia Culture Week in Vietnam to open from December 2-7
The Cambodia Culture Week in Vietnam 2023 will take place from December 2-7 in the two Mekong Delta provinces of Soc Trang and Dong Thap, the Ministry of Culture, Sports and Tourism announced on November 3. ...
Khmer Times Staff
https://www.khmertimeskh.com/501387064/cambodia-culture-week-in-vietnam-to-open-from-december-2-7/
Tax collection up 4.49 percent to $3.6 billion
Cambodia increased its tax collection by 4.49 percent year-over-year to $3.6 billion in 2023. We exceeded our target (101.13 percent) with this year’s collection, said the General Department of Taxation (GDT) at the Ministry of Economy and Finance. ...
Chea Vanyuth
https://www.khmertimeskh.com/501428582/tax-collection-up-4-49-percent-to-3-6-billion/
GDT nets $75 million from e-commerce
The General Department of Taxation (GDT) earned value-added tax (VAT) of $75.5 million on e-commerce in 2023, a year-on-year increase of 71 percent from $44 million recorded in 2022, an official report showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501429247/gdt-nets-75-million-from-e-commerce/
Tourism, manufacturing, infra development to raise GDP to 6.4% in 2024
Manufacturing, the recovery of Cambodian tourism on the back of regional improvement, and infrastructure development are likely to boost gross domestic product (GDP) growth, projected at 6.4 percent this year, up from 5.5 percent in 2023. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/tourism-manufacturing-infra-development-to-raise-gdp-to-64-in-2024
Cambodia’s economy expected to grow 6.4 pct in 2024
The Cambodian economy is projected to grow by 6.4 percent in 2024, up from 5.5 percent in 2023, mainly driven by tourism and manufacturing sector, National Bank of Cambodia (NBC)’s Governor Chea Serey said on Friday. ...
Xinhua
https://www.khmertimeskh.com/501430154/cambodias-economy-expected-to-grow-6-4-pct-in-2024/
Agriculture now 22 per cent of GDP
Despite being challenged by natural disasters, climate change and global crises, agriculture sector contributed about 22 per cent of Cambodia’s gross domestic product (GDP) in 2023, according to Minister of Agriculture, Forestry and Fisheries Dith Tina. ...
Van Socheata
https://www.phnompenhpost.com/national/agriculture-now-22-per-cent-of-gdp
BRI-backed economic zone in Cambodia records 34.8 pct rise in trade volume in 2023
The value of imports and exports passing through the Sihanoukville Special Economy Zone (SSEZ) in Cambodia reached $3.36 billionin 2023, a year-on-year increase of 34.8 percent, the zone operator said in a recent statement. ...
Khmer Times Staff
https://www.khmertimeskh.com/501435120/bri-backed-economic-zone-in-cambodia-records-34-8-pct-rise-in-trade-volume-in-2023/
Cambodia’s rice export down 7.2 pct in first 2 months of 2024
Cambodia had exported 90,153 tons of milled rice in the first two months of 2024, down 7.2 percent from 97,153 tons over the same period 2023, said a Cambodia Rice Federation’s report released on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501453280/cambodias-rice-export-down-7-2-pct-in-first-2-months-of-2024/
Ministry puts more than 40,000 migrant kids into schools
From 2018 to 2023, the Ministry of Education, Youth and Sport (MoEYS) cooperated with its partners to help a total of 43,952 children of migrant working parents enter public schools as well as childcare and educational centres managed by humanitarian organisations. ...
Hang Punreay
https://www.khmertimeskh.com/501428078/ministry-puts-more-than-40000-migrant-kids-into-schools/
ADB contributes $4.8 billion to Cambodia’s development since 1970
The Asian Development Bank (ADB) has provided approximately $4.8 billion for 207 development activities in Cambodia as of December 31, 2023, significantly contributing to the country’s socio-economic progress since its first loan in 1970. ...
Hong Raksmey
https://www.phnompenhpost.com/national/adb-contributes-4-8-billion-to-cambodia-s-development-since-1970
PM calls for promotion of aquaculture
Prime Minister Hun Manet Monday called for processing aquaculture to ensure the needs of the people and exporting, while Cambodia achieved a total of 314,000 tonnes of freshwater and marine aquaculture in 2023. ...
Mom Kunthear
https://www.khmertimeskh.com/501515568/pm-calls-for-promotion-of-aquaculture/
DPM Prak Sokhonn to attend first major gathering of ASEAN Foreign Ministers in 2023 in Jakarta Friday
Prak Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation, will lead a delegation to attend the 32nd ASEAN Coordinating Council (ACC) and ASEAN Foreign Ministers’ (AMM) Retreat, which will be held on Feb. 3 in Jakarta, at the invitation of Mrs Retno ...
Khmer Times Staff
https://www.khmertimeskh.com/501231407/dpm-prak-sokhonn-to-attend-first-major-gathering-of-asean-foreign-ministers-in-2023-in-jakarta-friday/
Cambodia exports 50 percent more raw cashew nuts in first semester
Cambodia exported more than 545,000 tonnes of raw cashew nut in the first semester of 2024, an increase of 50 percent compared to the same period in 2023, said a report of the Ministry of Agriculture, Forestry and Fisheries (MAFF) on Wednesday. ...
Mom Kunthea
https://www.khmertimeskh.com/501521384/cambodia-exports-50-percent-more-raw-cashew-nuts-in-first-semester/
Economic diplomacy strategies prioritised
Minister of Foreign Affairs and International Cooperation Prak Sokhonn on January 18 announced the launch of the “Economic Diplomacy Strategy (EDS) for 2021-2023” as a framework for future diplomatic and cultural initiatives. Sokhonn also unveiled a collection of traditional recipes dubbed The Taste of Angkor. ...
Niem Chheng
https://www.phnompenhpost.com/national/economic-diplomacy-strategies-prioritised
KOICA holds policy dialogue forum on development plans
The Korea International Cooperation Agency (KOICA) and the Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB/CDC) had a policy dialogue forum to discuss development cooperation for 2022 and 2023, while KOICA’s estimated grant aid to Cambodia for 2022 totals ...
Voun Dara
https://www.phnompenhpost.com/national/koica-holds-policy-dialogue-forum-development-plans
PM: Civil servants to get pay raise
After a two-year Covid-19 hiatus, Prime Minister Hun Sen on June 13 announced a pay raise for more than 360,000 civil servants effective in 2023, with health and education officials receiving the highest raise and now earning a base salary of 1.5 million riel ($375). ...
Lay Samean
https://www.phnompenhpost.com/national/pm-civil-servants-get-pay-raise
Amru Rice wins global standard for food safety
Amru Rice, this morning announced to receive the official certificate “Grade A” from the British Retail Consortium Global Standard (BRCGS) on the successful assessment and certified as meeting the requirements of “Global Standard for Food Safety” validity till the end of 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501225574/amru-rice-wins-global-standard-for-food-safety/
Cambodia, Laos, Myanmar and Vietnam to grow stronger this year, says Thai bank
The Economic Intelligence Centre of the Siam Commercial Bank forecasts the CLMV countries, namely Cambodia, Laos, Myanmar and Vietnam, will gain a stronger growth momentum in 2023, but remain below its growth potential prior to the COVID-19 outbreaks. ...
Khmer Times Staff
https://www.khmertimeskh.com/501231435/cambodia-laos-myanmar-and-vietnam-to-grow-stronger-this-year-says-thai-bank/