$1.5M shared to suspended workers
From April 1 to September 5 of 2023, the government allocated almost $1.5 million in cash transfers to nearly 35,000 factory workers whose contracts were suspended. Many of the suspended workers have returned to work. ...
Long Kimmarita
https://www.phnompenhpost.com/national/15m-shared-suspended-workers
Cambodia’s exports worth $15.7 billion in 8 months, up 0.3 pct
Cambodia exported products worth $15.7 billion in the first eight months of 2023, a slight increase of 0.3 percent from $15.64 billion in the same period last year, said a General Department of Customs and Excise’s report released on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501357435/cambodias-exports-worth-15-7-billion-in-8-months-up-0-3-pct/
Gasoline price remains stable at 4,600 riel per litre
The Ministry of Commerce on Sep 11, announced that the price of gasoline would remain the same for the next 10 days. The price of gasoline is 4,600 riel per litre, while the price of diesel is 4,750 riel per litre from September 11 to ...
Khmer Times Staff
https://www.khmertimeskh.com/501358408/gasoline-price-remains-stable-at-4600-riel-per-litre/
US-Cambodia Friendship Week held in Siem Reap
About 200 people attended the “2023 American-Cambodian Friendship Week”in Siem Reap on Wednesday to boost social development, promote youth education and vocational training, human resources, healthcare, and development of the tourism sector. ...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/501364496/us-cambodia-friendship-week-held-in-siem-reap/
Nearly 43% decline in bicycle exports
Cambodia exported bicycles worth $424 million to foreign markets in the first nine months of 2023, a drop of 42.8 percent compared to the same period last year which recorded $742 million, said a Ministry of Commerce’s report yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501375670/nearly-43-decline-in-bicycle-exports/
Workshop tackles labour rows
Ensuring harmony in industrial relations is a priority set out in the Strategic Plan for Employment Development and Vocational Training 2019-2023 to contribute to the successful implementation of the government’s Rectangular Strategy Phase IV. ...
Neang Kunthea
https://www.phnompenhpost.com/national/workshop-tackles-labour-rows
Exports fall 5.7% to $5.4 billion
Cambodia’s exports declined by 5.7 percent in the first quarter of 2023, with the value of goods exported standing at $5.4 billion compared with $5.8 billion in 2022, according to data released by the General Department of Customs and Excise. . ...
Seng Mengheng
https://kiripost.com/stories/cambodia-exports-fall-57-to-54-billion
GDT issues guidelines for new salary tax implementation
The General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) yesterday issued a set of guidelines for all enterprises that are resident taxpayers, public institutions and non-governmental organisations (NGOs) and have tax obligations to implement the new monthly salary tax from ...
Kang Sothear
https://www.khmertimeskh.com/501214800/gdt-issues-guidelines-for-new-salary-tax-implementation/
Cambodia’s milled rice export up 3.5 pct in Q1
Cambodia exported 176,581 tons of milled rice in the first quarter (Q1) of 2023, up 3.5 percent from 170,539 tons in the same period last year, the Cambodia Rice Federation (CRF) said in a report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501279579/cambodias-milled-rice-export-up-3-5-pct-in-q1/
Cambodia exports reach $9.18 billion in five months
Cambodia’s exports in the first five months of 2023 were worth $9.18 billion, down 2.4 percent from $9.41 billion for the same period last year, according to a General Department of Customs and Excise report. ...
Chea Vanyuth
https://www.khmertimeskh.com/501306111/cambodia-exports-reach-9-18-billion-in-five-months/
Over $17m from Angkor Wat ticket sales January to June
In the six months from January to June 2023, Cambodia earned $17,877,418 from the sale of tickets to Angkor, with a total of 385,769 foreign tourists. This is according to the press release of Angkor Enterprise on July 6. ...
Khmer Times Staff
https://www.khmertimeskh.com/501320021/over-17m-from-angkor-wat-ticket-sales-january-to-june/
Collections of Khmer silk weaving to be on display at MGC Asian Traditional Textiles Museum
The MGC Museum of Asian Traditional Textiles is set to exhibit eleven Cambodian silk products, including four silk towels, five silk sampots, and two silk ceilings donated by the Khmer Traditional Textile Institute, in mid-February 2023, the APSARA National Authority. ...
Khmer Times Staff
https://www.khmertimeskh.com/501224898/collections-of-khmer-silk-weaving-to-be-on-display-at-mgc-asian-traditional-textiles-museum/
Rubber exports edge up even as prices drop
Cambodia netted $79.370 million from the export of natural rubber latex and wood in the first two months of 2023, marking a slight increase year-on-year, even amid a decline in prices on international markets for the locally-produced white sap, according to the Ministry of Agriculture, ...
Hin Pisei
https://www.phnompenhpost.com/business/rubber-exports-edge-even-prices-drop
UN’s FAO opens Cambodia office, plans $65M in projects
The UN Food and Agriculture Organisation’s (FAO) office in Cambodia intends to commence the implementation of a range of new projects in 2023 in close collaboration with the Ministry of Agriculture, Forestry and Fisheries and other partners, with total funding of over $65 million, according ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/uns-fao-opens-cambodia-office-plans-65m-projects
CRF aims sky high with milled-rice export targets
The Cambodia Rice Federation (CRF) has set full-year milled-rice export targets for the Kingdom at 750,000 tonnes in 2023 and one million tonnes in 2025, which would constitute 17.7 per cent and 57.0 per cent increases from the 637,004 tonnes – valued at $414.29 million ...
Hin Pisei
https://www.phnompenhpost.com/business/crf-aims-sky-high-milled-rice-export-targets
Job loss fears as GFT exports decline by 25 percent in February
Cambodia’s exports of garments, footwear and travel (GFT) goods declined by nearly 25 percent in February 2023, compared to the same period in 2022, continuing a trend that started nearly six months ago raising fears of factory closures and job losses. ...
Manoj Mathew
https://www.khmertimeskh.com/501253565/job-loss-fears-as-gft-exports-decline-by-25-percent-in-february/
Foreign investments up $45.8b in Q1’23 - NBC
Cambodia recorded a nine percent year-on-year growth in foreign direct investment (FDI) at 185.7 trillion riel ($45.8 billion) in the first quarter of 2023, the National Bank of Cambodia (NBC) revealed via Twitter yesterday. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-nbc-foreign-investments-up
H1 vehicle imports slow down by 20% on-year to $457M
Cambodia imported a total of $456.673 million worth of “rot’yon” -class automotive motor vehicles in the first half of 2023, down 19.90 per cent year-on-year from $570.099 million, according to the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/h1-vehicle-imports-slow-down-20-year-457m
Cambodia records 513 percent increase in tourist arrivals in 1st 4 months
Cambodia received some 1.72 million international visitors in the first four months of 2023, a significant rise of 613 percent from merely 241,485 over the same period last year, said a Ministry of Tourism’s report on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501308550/cambodia-records-513-percent-increase-in-tourist-arrivals-in-1st-4-months/
China, Vietnam, Thai markets make up 70% of Cambodia’s imports
Mainland China, Vietnam and Thailand accounted for $7.259 billion or 71.81 per cent of Cambodia’s total goods imports in the first five months of 2023, which amounted to $10.109 billion, according to the General Department of Customs and Excise of Cambodia (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/china-vietnam-thai-markets-make-70-cambodias-imports