Exports to India up over 57% in ‘23
Cambodia garnered over $233 million in the first ten months of 2023 from exports to India, marking an increase of nearly 60% compared to the corresponding period in 2022. ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-to-india-up-over-57-in-23
Vietnam, Cambodia join hands to fight illegal entry, exit
The Vietnamese Ministry of Public Security’s Immigration Department and Cambodian Home Affairs Ministry’s General Department of Immigration held a meeting to discuss and exchange experience on immigration management in Hanoi on October 23. ...
Khmer Times Staff
https://www.khmertimeskh.com/501380920/vietnam-cambodia-join-hands-to-fight-illegal-entry-exit/
‘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 education and sports development regionally recognized
ASEAN has appreciated Cambodia’s rapid development in the education and sports sectors. ...
Khmer Times Staff
https://www.khmertimeskh.com/501445590/cambodias-education-and-sports-development-regionally-recognized/
Kingdom, New Zealand keen on building up development policies
The Council for the Development of Cambodia (CDC) and the New Zealand Embassy to Cambodia on Monday organised a joint discussion to further promote bilateral development cooperation programmes responding to the needs of the Kingdom and other ASEAN countries. ...
Nhean Chamrong
https://www.khmertimeskh.com/501447222/kingdom-new-zealand-keen-on-building-up-development-policies/
CMAC defuse monster 340kg US bomb in Kampong Cham village
The Cambodian Mine Action Centre (CMAC) successfully neutralised a large US air-dropped bomb in Kampong Cham province on February 27. ...
Sok Raksa
https://www.phnompenhpost.com/national/cmac-defuse-monster-340kg-us-bomb-in-kampong-cham-village
CDC looks to attract investment from Australia
The Council for the Development of Cambodia (CDC) on Wednesday said that it working towards attracting investment partners from Australia. ...
Rachel David
https://www.khmertimeskh.com/501451818/cdc-looks-to-attract-investment-from-australia/
Calls to urgently review draft alcohol law
The law on Control of Alcohol Products has been in draft for nine years and remains uncertain due to its potential social, economic and political impacts. Experts are now urging the government to accelerate law enforcement on controlling alcohol consumption after recent fatal traffic accidents. ...
Meas Molika
https://kiripost.com/stories/calls-to-urgently-review-draft-alcohol-law
DPM Sun Chanthol: New investment projects in January reflects investors’ confidence on Royal Government
Deputy Prime Minister Sun Chanthol, First Vice President of the Council for the Development of Cambodia (CDC), welcomed the new investment projects approved by CDC in January, stressing that this reflects the investors’ trust on the leadership of Prime Minister Hun Manet in maintaining peace ...
Khmer Times Staff
https://www.khmertimeskh.com/501435872/dpm-sun-chanthol-new-investment-projects-in-january-reflects-investors-confidence-on-royal-government/
CDC consents to UK proposal for establishing Green SEZ
The Council for the Development of Cambodia (CDC) on Monday agreed to the request from the British Ambassador to establish the ‘Green Special Economic Zone’ and help the country boost the related infrastructure, as part of the initiative to attract international investors worldwide. ...
Nhean Chamrong
https://www.khmertimeskh.com/501436295/cdc-consents-to-uk-proposal-for-establishing-green-sez/
Thai businessmen likely to invest $1B in Cambodia
A week after Prime Minister Hun Manet concluded his first official trip to Thailand, hundreds of Thai businessmen have shown keen interest in exploring investment opportunities in three potential projects across Cambodia in early March to the tune of $1 billion. ...
Nheng Chamrong
https://www.khmertimeskh.com/501442027/thai-businessmen-likely-to-invest-1b-in-cambodia/
Cambodia attracts $1.39 bln investment in first 2 months of 2024
Cambodia approved fixed-asset investment projects worth $1.39 billion in the first two months of 2024, a significant rise of about 500 percent compared to the same period last year, a Council for the Development of Cambodia (CDC)’s report said on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501454423/cambodia-attracts-1-39-bln-investment-in-first-2-months-of-2024/
NBC reports 44% surge in electronic riel transactions
National Bank of Cambodia (NBC) governor Chea Serey announced an increase in electronic transactions and payments in Cambodian riel for 2023, noting that they were 44% higher than in 2022. ...
Van Socheata
https://www.phnompenhpost.com/national/nbc-reports-44-surge-in-electronic-riel-transactions
CMAC: China now leading mine clearance supporter
China is the foremost foreign financial supporter of the mine action sector in Cambodia, according to the Cambodian Mine Action Centre (CMAC). Their contribution places China at the top of the list, followed by Japan, the US and other countries. ...
Mom Kunthear
https://www.phnompenhpost.com/national/cmac-china-now-leading-mine-clearance-supporter
CGCC provides over US$160 million credit supports to SMEs
The Credit Guarantee Corporation of Cambodia (CGCC) has infused credit guarantees of as much as $164.7 million as of December 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501427481/cgcc-provides-over-us160-million-credit-supports-to-smes/
IMF revises Cambodia’s GDP up 35% with 2014 base
The International Monetary Fund (IMF) in its World Economic Outlook for April 2024 revealed Cambodia’s new GDP figures by taking 2014 as the base year for the calculations instead of 2000, showing the economy 35 percent larger than previous GDP calculations indicated. ...
Manoj Mathew
https://www.khmertimeskh.com/501482271/imf-revises-cambodias-gdp-up-35-with-2014-base/
Cambodia’s trade with Vietnam rises nearly 25%
Neighbouring Vietnam has consolidated its position as the second biggest trade partner of Cambodia after China with trade volume between the two rising by 24.5 percent to reach $2.32 billion in the first three months of this year (Q1, 2024), compared to the same period ...
Manoj Mathew
https://www.khmertimeskh.com/501474739/cambodias-trade-with-vietnam-rises-nearly-25/
Cambodia, Singapore ink MoU on digital government cooperation
The Ministry of Post and Telecommunication of Cambodia (MPTC) and the Ministry of Communications and Information of Singapore (MCI) signed a memorandum of understanding (MoU) aimed at reforming the digital government network as well as promoting human capital development. ...
Nhean Chamrong
https://www.khmertimeskh.com/501509732/cambodia-singapore-ink-mou-on-digital-government-cooperation/
Cambodia-Korea Special Economic Zone on cards
Top Royal Government of Cambodia (RGC) officials and a delegation of the Embassy of the Republic of Korea in Cambodia Thursday held talks on the possibility of setting up the Cambodia-Korea Special Economic Zone (Cam-Kor SEZ). ...
Nhean Chamrong
https://www.khmertimeskh.com/501511538/cambodia-korea-special-economic-zone-on-cards/
South Korean pharma eyes medical device venture in Cambodia
Representatives from Poonglim Pharmatech Inc., headquartered in the Republic of Korea’s Jeonbuk-do province, are exploring investment opportunities in medical device manufacturing in Cambodia, following a meeting with Suon Sophal, Deputy Secretary General of the Cambodian Investment Board (CIB), at Council for the Development of Cambodia ...
James Whitehead
https://www.khmertimeskh.com/501515044/south-korean-pharma-eyes-medical-device-venture-in-cambodia/
