1,000 containers with raw material offer relief to Kingdom’s factories
Prime Minister Hun Sen on Saturday announced the arrival of 12 ships containing more than 1,000 containers of raw materials from China at Sihanoukville Autonomous Port to supply struggling garment factories in the Kingdom. ...
PM forecasts economic contraction of 1.9 percent this year
Prime Minister Hun Sen recently predicted that the country’s economy may contract 1.9 percent this year due to the COVID-19 pandemic. In a circular on budget planning for 2021-2023, he said Cambodia has recorded a strong fall in demand from its trading partners. ...
Khmer Times Staff
https://www.khmertimeskh.com/50733913/pm-forecasts-economic-contraction-of-1-9-percent-this-year/
Cambodia-Thailand trade hit $3.1 billion in four months
The two-way trade between Cambodia and Thailand hit $3.1 billion in four months of this year, up 18.3 percent year-on-year, the Cambodian Embassy in Thailand said. ...
Khmer Times Staff
https://www.khmertimeskh.com/50733994/cambodia-thailand-trade-hit-3-1-billion-in-four-months/
Former undersecretary of state charged over 1,000-hectare grab
Phnom Penh Municipal Court on Saturday charged and jailed a former undersecretary of state for allegedly grabbing about 1,000 hectares of state land in Mondulkiri province. ...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50739066/former-undersecretary-of-state-charged-over-1000-hectare-grab/
Cambodia’s energy demand drops in H1 of 2020
Energy demand has seen a decrease in the first six months of 2020 due to COVID-19 pandemic, which had forced factories, tourism-related facilities including hotels to shut down, leading to the drop in power consumption. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50755733/cambodias-energy-demand-drops-in-h1-of-2020/
France provides $1.7million for Cambodia’s tourism sector
The French government, through the French Agency for Development (AFD), has provided a grant of 1.5 million euro ($ 1.7 million) to help restore Cambodia’s post-Covid-19 tourism sector, according to the Ministry of Tourism. ...
Khmer Times Staff
https://www.khmertimeskh.com/50748433/france-provides-1-7million-for-cambodias-tourism-sector/
Japan donates nearly $1 million for Cambodia’s vaccination roll-out
The Japanese government has donated nearly $1 million to Cambodia through UNICEF to support the Cambodian government in its COVID-19 vaccination efforts. ...
Rhea Mae Soco
https://www.khmertimeskh.com/50833185/japan-donates-nearly-1-million-for-cambodias-vaccination-roll-out/
Phnom Penh Autonomous Port maintains growth in Q1
Locally-listed Phnom Penh Autonomous Port (PPAP) reported $7,770,742 in revenue for the first quarter of 2021, up 2.19 percent over the $7,603,877 posted in the corresponding period last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/phnom-penh-autonomous-port-maintains-growth-q1
Locally-made electric auto-rickshaw on sale by end of 2021, maker says
Onion Mobility Co Ltd has unveiled a bunch of prototypes of its upcoming Onion T1 electric auto-rickshaw, to be produced domestically and put on sale within the year. The prototypes were flown in last week from South Korea and showcased publicly on March 28. ...
Hin Pisei
https://www.phnompenhpost.com/business/locally-made-electric-auto-rickshaw-sale-end-2021-maker-says
$1.37B worth of imports, exports pass through SSEZ
The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) reached $1.373 billion in the first eight months of 2021, an increase of 44.37 per cent year-on-year, the operator reported. ...
Thou Vireak
https://www.phnompenhpost.com/business/137b-worth-imports-exports-pass-through-ssez
Cambodia exported 1,204 tonnes of agricultural products to South Korea
A total 1,204 tonnes of agricultural products were exported to the Republic of Korea in the first nine months of this year, a 106 percent increase compared to a year before. ...
Khmer Times Staff
https://www.khmertimeskh.com/50959981/cambodia-exported-1204-tonnes-of-agricultural-products-to-south-korea/
Cambodia set to receive 1 million doses of Sinovac this month
Prime Minister Hun Sen said that Cambodia will receive another 1 million doses of Sinovac from China this month. ...
Yim Sreylin
https://www.khmertimeskh.com/50962722/cambodia-set-to-receive-1-million-doses-of-sinovac-this-month/
Over 1,834 SMEs benefit from $221 million loans
The SME Bank of Cambodia has said 1,834 small and medium-sized enterprises (SME) benefitted from loans under the phase II financing scheme as of May 31 this year, which involved $221 million – about 92 percent of the total funding budget of $240 million. ...
Sok Sithika
https://www.khmertimeskh.com/501089865/over-1834-smes-benefit-from-221-million-loans/
Cambodia seeks Turkish investment, eyes $1B bilateral trade
To boost bilateral trade to around $1 billion (TL 18.78 billion), Cambodia has sought investments from Türkiye in agriculture, storage and processing facilities for exports to the European Union and other nations. ...
Khmer Times Staff
https://www.khmertimeskh.com/501218458/cambodia-seeks-turkish-investment-eyes-1b-bilateral-trade/
Cambodia, Türkiye aim for two-way trade goal of $1 billion
This was the spirit of the recent talks here between HE SOK Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, and Ms. Ülkü Kocaefe, Ambassador of the Republic of Türkiye. ...
AKP
https://www.khmertimeskh.com/501376155/cambodia-turkiye-aim-for-two-way-trade-goal-of-1-billion/
Capital Gains Tax takes effect Jan 1, 2024 onwards
After being postponed three times, the Capital Gains Tax (CGT) will be implemented starting Jan 1, 2024, said Kong Vibol, director-general of the General Department of Taxation (GDT) on September 15. ...
: Chhorn Raksmey
https://kiripost.com/stories/capital-gains-tax-takes-effect-jan-1-2024-onwards
$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 milled rice export up 16% in H1
Cambodia exported 327,000 tonnes of milled rice in the first semester this year, an increase of 16 percent compared to the same period last year, earning the country $279 million, according to a report by the Cambodia Rice Federation (CRF). ...
Chea Vanyuth
https://www.khmertimeskh.com/501115793/cambodias-milled-rice-export-up-16-in-h1/
Sihanoukville SEZ exports $1.3b in six months
Sihanoukville Special Economic Zone’s (SSEZ) exports were worth $1.3 billion during the first half of 2022, marking a year-on-year increase of almost 40 percent, according to the Ministry of Labor and Vocational Training. ...
Penh Chamroeun
https://kiripost.com/stories/sihanoukville-sez-exports-13b-in-six-months
Loan accounts reach 1.54M at end-2022: CBC
The total number of loan accounts reached 1.54 million nationwide in December, rising by 3.45 per cent “from the previous quarter”, according to the latest report from Credit Bureau (Cambodia) Co Ltd (CBC). ...
May Kunmakara
https://www.phnompenhpost.com/business/loan-accounts-reach-154m-end-2022-cbc