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/
Cambodia makes $3.9 bln from export of agri-products in 11 months
Cambodia earned a gross revenue of $3.9 billion from the export of agricultural products in the first 11 months of 2023, said a Ministry of Agriculture, Forestry and Fisheries (MAFF) report on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501402630/cambodia-makes-3-9-bln-from-export-of-agri-products-in-11-months/
Loan-to-deposit ratio normalising in 2024, say bankers
A number that might be of concern in Cambodia’s banking system is its loans versus deposits. For 2023, Cambodia’s banks total loans outstanding was $57.6 billion and total deposits $47.9 billion. ...
Rachel David
https://www.khmertimeskh.com/501505072/loan-to-deposit-ratio-normalising-in-2024-say-bankers/
GDT tax collection falls in Q1
The General Department of Taxation (GDT) collected taxes totalling $1.18 billion during the January-March period this year, down 11.9 percent from $1.34 billion collected in the first quarter of 2023. ...
Chea Vanyuth
https://www.khmertimeskh.com/501493907/gdt-tax-collection-falls-in-q1/
Ministry registers over 11,000 new businesses
The Ministry of Commerce registered 11,506 new companies and enterprises in the January-November period of 2023, up 14.58 percent from 10,046 in the same period last year, a report of the Ministry of Commerce showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501414977/ministry-registers-over-11000-new-businesses/
Project to enhance the climate change resilience of smallholder farmers kicks off in Cambodia
A new project aimed at enhancing the climate change resilience of smallholder farmers and local communities by increasing their access to growing premium market segments was launched in Cambodia on 27 October 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501388198/project-to-enhance-the-climate-change-resilience-of-smallholder-farmers-kicks-off-in-cambodia/
Rising exports, global renown fuel rice sector
After experiencing positive growth in 2023, the Cambodian rice export market is expected to continue its upward trajectory in 2024. However, factors such as weather conditions and shipping costs may cause some disruptions. ...
Hin Pisei
https://www.phnompenhpost.com/business/rising-exports-global-renown-fuel-rice-sector
Sale of private license plates slump 11.9%
Revenue from the sale of special license plates decreased by about 11.9 percent to $16 million in 2023, with the Ministry of Public Works and Transport (MPWT) claiming it is a result of the global economic crisis. ...
Chhorn Raksmey
https://kiripost.com/stories/sale-of-private-license-plates-slump-119
Cambodia exports bicycles worth nearly $417 mln last year
Cambodia exported bicycles worth $416.7 million in 2023, a decrease of 53.6 percent from $899.7 million in a year earlier, said a General Department of Customs and Excise’s report on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501424449/cambodia-exports-bicycles-worth-nearly-417-mln-last-year/
Cambodia, France trade volume reaches $515M
Bilateral trade volume between the Kingdom and France reached $515.21 million last year, making Europe’s trade volume stand at $4.6 billion in 2023, said Prime Minister Hun Manet. ...
Nheng Chamrong
https://www.khmertimeskh.com/501424116/cambodia-france-trade-volume-reaches-515m/
Number of kindergartens and schools increasing
From 2013 to 2023, the number of kindergartens and schools increased from 14,852 to 18,830, which in the ten-year period was 3,978 more places of education nationwide. ...
Hang Punreay
https://www.khmertimeskh.com/501427196/number-of-kindergartens-and-schools-increasing/
Science and technology education and promotion
Cambodia recognizes the important role of science and technology in the 21st century and aims to transform and integrate technology into its human resources through the education sector. Various policies and strategies are implemented to achieve the goal such as Policy guidelines for New Generation ...
Data visualization and storytelling training
Open Development Cambodia (ODC) hosted a training on “Data visualization and storytelling” on December 20-21 and 26, 2022, with 24 participants, including journalists, citizen journalists, indigenous youth journalists, journalism students, and CSOs. People with disabilities and LGBTQIA+ are encouraged to join. This training was divided ...
Hun Sen returns from fruitful week in China
Prime Minster Hun Sen arrived back in Phnom Penh on Sunday after a weeklong visit to China for an international summit during which Chinese Premier Xi Jinping pledged $145 million in aid and soft loans to Cambodia. On Monday, AKP reported that China promised to ...
Phorn Bopha and Simon Henderson
http://www.cambodiadaily.com/news/hun-sen-returns-from-fruitful-week-in-china-59560/
Press release on Mekong River dolphin deaths in Kandal province
On 9 August 2023, the Fisheries Administration of the Ministry of Agriculture, Forestry, and Fisheries issued a press release to inform the public after finding a 1.01-meter-long female Irrawaddy dolphin weighing 14.4 kg, about two months old, dead of trapping in nets in Peam village, ...
Fisheries Administration
GDT: Chinese companies must fulfil duty obligations
The General Department of Taxation (GDT) said Chinese investment is contributing greatly to the Kingdom’s tax revenue and called on Chinese companies to properly fulfil their tax obligations. Speaking at a forum on Mechanism of Cambodia-China Fiscal Cooperation on Friday, GDT director-general Kong Vibol said: ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-chinese-companies-must-fulfil-duty-obligations
Exclusive ADB may offer more than $1.5b in new funding
Khmer Times can report that the Asian Development Bank (ADB) is proposing to provide $1.5211 billion of new funding in its updated Cambodia country operations and business plan (COBP) 2021-2023. ...
Harrison White
https://www.khmertimeskh.com/50744668/exclusive-adb-may-offer-more-than-1-5b-in-new-funding/
Recovery to be driven by three principles
A senior official at the Ministry of Economy and Finance said the government’s driving principles to restore the economy post-COVID-19 from 2021-2023 will be strategic approaches towards survival, reform and resilience. ...
Sok Chan
https://www.khmertimeskh.com/50804674/recovery-to-be-driven-by-three-principles/
Nat’l Road 4 to be widened
The Ministry of Public Works and Transport is in the final stages of project planning for the widening of National Road 4 from 7m to 10m. The project is scheduled to last 24 months from 2022 to 2023. ...
Long Kimmarita
https://phnompenhpost.com/national/natl-road-4-be-widened
National Minimum Wage Council issues a statement on the results of the minimum wage discussion for workers in 2024
The National Minimum Wage Council of the third mandate on August 16, 2023, held a discussion on the minimum wage for workers in the textile, garment, footwear and travel products and bags for 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501343947/national-minimum-wage-council-issues-a-statement-on-the-results-of-the-minimum-wage-discussion-for-workers-in-2024/