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/
Cambodian PM calls on private sector to invest in frozen organ meat for local consumption
Cambodian Prime Minister Hun Manet yesterday encouraged the private sector to invest in frozen organ meat for sustainable local consumption. ...
Khmer Times Staff
https://www.khmertimeskh.com/501432039/cambodian-pm-calls-on-private-sector-to-invest-in-frozen-organ-meat-for-local-consumption/
Promotion of Cambodia-Hong Kong trade and investment relations discussed
Cambodia and the Hong Kong Special Administrative Region (SAR) will promote their relationship, particularly in terms of trade and investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501459806/promotion-of-cambodia-hong-kong-trade-and-investment-relations-discussed/
Cambodia supports investment and expansion of Japan-Cambodia labor cooperation
Heng Sour, Minister of Labor and Vocational Training, said that Cambodia is ready to support Japanese investors who want to invest in Cambodia and expand labor cooperation between Cambodia and Japan. ...
Khmer Times Staff
https://www.khmertimeskh.com/501466332/cambodia-supports-investment-and-expansion-of-japan-cambodia-labor-cooperation/
43 gambling locations were cracked down on the first 21 days of the 2024
An Interior Ministry official said that for the first 21 days of 2024, the authorities of the Ministry of Interior had cracked down on gambling in 43 locations and sent 72 suspects to court. ...
Khmer Times Staff
https://www.khmertimeskh.com/501427441/43-gambling-locations-were-cracked-down-on-the-first-21-days-of-the-2024/
Cambodia’s tourism earns $3.04 billion revenue in 2023
Cambodia’s tourism earned gross revenue of $3.04 billion in 2023, up 115 percent from $1.41 billion in a year earlier, according to a Ministry of Tourisms report released on February 12, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501439009/cambodias-tourism-earns-3-04-billion-revenue-in-2023/
Ministry to create more communities to protect forest
The Ministry of Environment plans to establish at least 10 additional natural resource protection communities by year-end and in subsequent years to improve the livelihoods of communities and contribute to prevention of forest crime at the local level. ...
Hang Punreay
https://www.khmertimeskh.com/501440112/ministry-to-create-more-communities-to-protect-forest/
Cambodia to have five more vehicle assembly factories
According to the Ministry of Commerce, five automobile manufacturers are reportedly building production facilities in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501481029/cambodia-to-have-five-more-vehicle-assembly-factories/
Green tourism corridor planned for Phnom Kulen National Park
Ministry of Environment plans to launch a green tourism corridor at Preah Jayavarman-Norodom Phnom Kulen National Park in Cambodia’s Siem Reap province. ...
Khmer Times Staff
https://www.khmertimeskh.com/501475539/green-tourism-corridor-planned-for-phnom-kulen-national-park/
MoC warns of strict legal action against promoting fake products
The Ministry of Commerce has issued a proclamation stating that strict legal action shall be initiated against those who promote to sell products, goods and services that contain false commercial descriptions. ...
Nhean Chamrong
https://www.khmertimeskh.com/501476979/cambodia-china-agree-to-formulate-joint-corridors/
Meeting suggests dam project moving ahead
Despite reports that Prime Minister Hun Sen recently offered assurances that construction of the controversial Stung Cheay Areng hydropower dam would not be allowed to begin in the near future, local officials are allegedly pushing forward with plans to relocate villagers. Multiple provincial, district and village ...
Alice Cuddy and May Titthara
http://phnompenhpost.com/national/meeting-suggests-dam-project-moving-ahead
Mass strike ended by Arbitration Council
MORE than 4,000 workers ended a four-day strike outside the M&V factory in Kampong Chhnang province yesterday after the Arbitration Council intervened, issuing an order for them to return to work. The workers, led by the Free Trade Union of Workers in the Kingdom of ...
Current accounts in control
Cambodia’s current accounts deficit has increased in recent years, but is not yet a cause for concern, according to experts. The Asian Development Bank’s July update showed Cambodia’s current accounts deficit stood at 11 percent of GDP in 2010, and statistics show the trade gap ...
http://www.phnompenhpost.com/index.php/2011080450869/Business/current-accounts-in-control.html
Cambodia-Thai trade still on track
Thailand’s worst floods in decades have not slowed trade with Cambodia, a Thai official in Phnom Penh said yesterday, claiming many products sought by Cambodia came from areas free of flooding. Bilateral trade between the two countries rose nine per cent year-on-year in the first nine ...
Telecom Cambodia Revenues Drop by $1 Million in 2011
Telecom Cambodia, one of three state-owned enterprises with plans to list on Cambodia’s stock exchange, saw revenues decline by 3 percent to $31 million last year, an official at the company said yesterday. Lao Saroeun, director general of Telecom Cambodia, said that revenues at the company ...
Plans set for Silk Research Centre at RUPP
Cambodian silk producers will be soon able to get quality silkworms from a breeding centre at the Royal University of Phnom Penh (RUPP), thanks to a specialised team that is seeking to increase professionalism in the Kingdom’s silk industry. ...
Hor Kimsay
https://www.phnompenhpost.com/business/plans-set-silk-research-centre-rupp
Cambodia-Laos MoU on GI
Cambodia’s Ministry of Commerce and Laos’ Ministry of Science and Technology last week signed a memorandum of understanding (MoU) to cooperate in the protection of trademarks and geographical indications (GI). ...
Sok Chan
http://www.khmertimeskh.com/news/29639/cambodia-laos-mou-on-gi/
First-ever FDI survey identifies $20B in capital inflow
Foreign direct investment (FDI) to Cambodia over a 20-year period – from 1994 to 2014 – is estimated to have reached $19.2 billion and was heavily weighed by inflows of capital from China, according to the first-ever comprehensive survey on FDI, released yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/first-ever-fdi-survey-identifies-20b-capital-inflow
Financial literacy in schools
Financial literacy, for students to make effective and informed money management decisions, will now be in the general education curriculum due to joint efforts by the National Bank of Cambodia (NBC) and the Ministry of Education, Youth and Sport (MoEYS). ...
Sok Chan
http://www.khmertimeskh.com/news/27905/financial-literacy-in-schools/
MoU with UN stalled by government
A memorandum of understanding between Cambodia and the United Nations has been stalled for almost 10 months thanks to the government’s insistence that an updated version include pointed references to the concept of “non-interference” lifted from the UN charter, the Post has learned. ...
Shaun Turton
http://www.phnompenhpost.com/national/mou-un-stalled-government