ASEAN digital economy set to double to $2 trillion by 2030
Prime Minister Hun Manet said that the ASEAN digital economy is capable of doubling its current value of around $1 trillion to reach a market cap of $2 trillion by 2030. ...
James Whitehead
https://www.khmertimeskh.com/501455000/asean-digital-economy-set-to-double-to-2-trillion-by-2030/
IMF says Cambodia’s inflation to be stable at 2.3 percent in 2024
Cambodia’s inflation will remain stable this year at 2.3 percent, marginally up from 2.1 percent for 2023, generally in line with other parts of Asia and the Pacific, said the IMF Regional Economic Outlook April 2024. ...
Manoj Mathew
https://www.khmertimeskh.com/501483848/imf-says-cambodias-inflation-to-be-stable-at-2-3-percent-in-2024/
GDP Growth to Shrink to 2.5% Amid Pandemic, World Bank Projects
Cambodia’s GDP growth this year could drop to its lowest rate in more than a decade, the World Bank projects, with some economic experts warning that the country’s reliance on international markets could slow recovery. ...
Danielle Keeton-Olsen
https://vodenglish.news/gdp-growth-to-shrink-to-2-5-amid-pandemic-world-bank-projects/
U.S. government support assists more than 2,500 flood-affected families in Pursat
The U.S. Embassy provided food assistance to over 2,500 flood-affected households in the Cambodian province of Pursat last week, funded by the U.S. Agency for International Development (USAID) and distributed through the United Nations World Food Programme (WFP). ...
Khmer Times Staff
https://www.khmertimeskh.com/50778961/u-s-government-support-assists-more-than-2500-flood-affected-families-in-pursat/
Cambodia tax revenue exceeds target by 24 percent to reach $2.78 billion, says PM
The Cambodian government got $5.07 billion in revenue from tax and customs in 2021, Prime Minister Hun Sen said on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501000317/cambodia-tax-revenue-exceeds-target-by-24-percent-to-reach-2-78-billion-says-pm/
Cambodia receives $2.4 billion worth of FDI in first three months of 2022
In the first three months of 2022, from January to March, the Council for the Development of Cambodia (CDC) approved a total of 43 investment projects under an investment of more than $2.4 billion. ...
Khmer Times Staff
https://www.khmertimeskh.com/501051822/cambodia-receives-2-4-billion-worth-of-fdi-in-first-three-months-of-2022/
National Primary School Games 2023 attracts over 2,000 athletes
A total of 2,600 sports delegates, team leaders, and coaches from across Cambodia have been joining the National Primary School Games 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501342960/national-primary-school-games-2023-attracts-over-2000-athletes
$2M allotted for 68km Siem Reap-Oddar Meanchey road
The Ministry of Economy and Finance has earmarked about $2 million to improve a 68km road from Siem Reap to Oddar Meanchey provinces to make travel easier and cut down delivery times of agricultural products. ...
Sem Pisei
https://www.phnompenhpost.com/national/2m-allotted-68km-siem-reap-oddar-meanchey-road
Employers propose $2 increase to minimum wage, workers seek up to $10
Employers’ representatives have proposed a $2 increase to the monthly minimum wage for the Kingdom’s factory workers in 2025, while workers’ representatives called for raises of $6, $7 or $10. ...
Niem Chheng
https://www.phnompenhpost.com/national/employers-propose-2-increase-to-minimum-wage-workers-seek-up-to-10
Cambodia Culture Week in Vietnam to open from December 2-7
The Cambodia Culture Week in Vietnam 2023 will take place from December 2-7 in the two Mekong Delta provinces of Soc Trang and Dong Thap, the Ministry of Culture, Sports and Tourism announced on November 3. ...
Khmer Times Staff
https://www.khmertimeskh.com/501387064/cambodia-culture-week-in-vietnam-to-open-from-december-2-7/
Covid-19 cash assistance of $1.2B helped labour market
Cambodia’s largest social assistance programme – the Covid-19 cash transfer programme – has played a crucial role in boosting the economy, said the World Bank in its latest report. ...
Rachel David
https://www.khmertimeskh.com/501478392/covid-19-cash-assistance-of-1-2b-helped-labour-market/
Trafficked numbers rising
Their stories have become all too familiar – Cambodian fishermen enslaved on fishing boats after being promised lucrative jobs overseas. They’re also becoming increasingly common. Anti-trafficking NGOs told the Post this week that they have noticed an exponential increase in the number of trafficking complaints from ...
Danson Cheong
http://www.phnompenhpost.com/2013052265773/National/trafficked-numbers-rising.html
U.S. to provide additional $66.2 million to aid Cambodia’s development
The Royal Government of Cambodia and the Government of the United States of America have officially inked the exchange of notes reflecting the addition of $66.2 million to the development project agreement grants for Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/50793668/u-s-to-provide-additional-66-2-million-to-aid-cambodias-development/
Armac receives $2 million from South Korea gov’t for mine victims
The ASEAN Regional Mine Action Center (Armac) in Phnom Penh has received approximately $2 million from the government of South Korea through the ASEAN-Korea Cooperation Fund (AKCF) for victims of mines or explosive remnants of war (ERW). .. ...
Rhea Mae Soco
https://www.khmertimeskh.com/50803967/armac-receives-2-million-from-south-korea-govt-for-mine-victims/
Cambodia’s Hydro Power Lower Sesan 2 Dam attaches great importance to staff development
Cambodia’s Hydro Power Lower Sesan 2 Dam attaches great importance to staff development. The Lower Sesan 2 Hydro Power dam in Cambodia’s Stung Treng Province, was jointly funded and constructed by China Huaneng Group, Royal Group, Cambodia and Electricity of Vietnam (EVN). It is managed ...
Khmer Times Staff
https://www.khmertimeskh.com/50936737/cambodias-hydro-power-lower-sesan-2-dam-attaches-great-importance-to-staff-development/
Over 2,000ha of flooded forest seized in new push
Over 2,000ha out of more than 10,000ha of flooded forestland around the Tonle Sap Lake have been seized, with more than a dozen offenders already begging for clemency for their encroachment on the protected areas which the government says must be preserved as fish-spawning habitat. ...
Long Kimmarita
https://www.phnompenhpost.com/national/over-2000ha-flooded-forest-seized-new-push
Cambodia imports oil, gas products worth $2.84 billion in first 9 months
Cambodia imported oil and gas products worth $2.84 billion in the first nine months of 2022, up 66 percent from $1.71 billion in the same period last year, according to a report from the General Department of Customs and Excise on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501166331/cambodia-imports-oil-gas-products-worth-2-84-billion-in-first-9-months/
CPP welcomes 2,000 new members ahead of 2023 nat’l election
A Cambodian People’s Party (CPP) official said at least 2,000 people from Candlelight (CP), currently the country’s second-largest party, have joined the ruling CPP, just days after the latter was warned of supposed links to former opposition leader Sam Rainsy. ...
Ry Sochan
https://www.phnompenhpost.com/national/cpp-welcomes-2000-new-members-ahead-2023-natl-election
Over 2,000 Cambodians receive free medical examination in the capital and Siem Reap
More than 830 wounded and sick soldiers, policy beneficiary families and people in Bakong district, Siem Reap province and about 1,200 people in Russey Keo district, Phnom Penh capital of Cambodia, have been examined, given free gifts and medicines by a delegation of Can Tho ...
Khmer Times Staff
https://www.khmertimeskh.com/501291202/over-2000-cambodians-receive-free-medical-examination-in-the-capital-and-siem-reap/
Raising standards: Govt sets 2 yrs to create up to 1,000 model public schools
Under its Pentagonal Strategy, the Prime Minister Hun Manet–led government has set a two-year goal of transforming between 500 and 1,000 public schools into model ones by improving their quality from the kindergarten up to high school level. ...