Press release of the Ministry of Justice on the absence of civil society organizations and political parties to meet and discuss the 10th amendment to the constitution
On 5 August 2022, the Ministry of Justice has posted a press release on the absence of civil society organizations and political parties to meet and discuss the 10th amendment to the constitution. According to the press, the ministry has expressed its regret about the absence ...
Ministry of Justice
Int’l tourist arrivals cross 1.5 million in Jan-Oct
The number of international tourists visiting Cambodia during January-October 2022 rose to 1,575,954, which is an increase of 991.1 percent over the same period of last year, according to a Ministry of Tourism report, released on Wednesday. ...
Sok Sithika
https://www.khmertimeskh.com/501194322/intl-tourist-arrivals-cross-1-5-million-in-jan-oct/
Cambodia-Korea trade zooms 16% to $920 million
The bilateral trade between Cambodia and South Korea reached $920 million in ten months of 2022, a year-on-year increase of 16.3 percent, according to a report from the Korea International Trade Association (KITA). ...
Chea Vanyuth
https://www.khmertimeskh.com/501188121/cambodia-korea-trade-zooms-16-to-920-million/
Conference throws spotlight on key role of banks
The 9th NBC Annual Macroeconomic Conference 2022 kicked-off today, highlighting how financial institutions, particularly banks, continue to be crucial participants in funding the real economy and supporting recovery. ...
Seng Mengheng
https://kiripost.com/stories/conference-throws-spotlight-on-key-role-of-banks
92 pct of households in Cambodia get access to electricity
Ninety-two percent of households in Cambodia have access to electricity, including 99 percent in urban areas and 88 percent in rural areas, said the 2021-2022 Cambodia Demographic and Health Survey released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501268277/92-pct-of-households-in-cambodia-get-access-to-electricity/
PM Hun Sen says bilateral FTA with China boosts Cambodia’s exports
Cambodian Prime Minister Hun Sen said on Thursday that the Cambodia-China Free Trade Agreement (CCFTA), which took effect on Jan. 1, 2022, has given a boost to the kingdom’s exports to China. ...
Khmer Times Staff
https://www.khmertimeskh.com/501305373/pm-hun-sen-says-bilateral-fta-with-china-boosts-cambodias-exports/
Cambodia average annual FDI inflows growth at 8.1 percent
Cambodia recorded an average annual FDI inflow growth of 8.1 percent from 2017 to 2021, according to ESCAP’s Asia-Pacific Trade and Investment Trends 2022/2023 Country Report for Cambodia. ...
Adur Pradeep
https://www.khmertimeskh.com/501222747/cambodia-average-annual-fdi-inflows-growth-at-8-1-percent/
PM outlines new strategies for agriculture development
Keeping in mind the national policy 2022-2030, Prime Minister Hun Sen has outlined the government’s new strategies for the development of the agriculture sector to create the fifth economic pole in the northeast part of the country. ...
Kang Sothear
https://www.khmertimeskh.com/1262572/pm-outlines-new-strategies-for-agriculture-development/
Investment incentives mulled for agriculture
The Cambodia Chamber of Commerce (CCC) has requested that the government study consider offering additional tax exemptions to the agriculture sector, in order to support last year’s 2022-2030 agricultural policy. ...
Van Socheata
https://www.phnompenhpost.com/business/investment-incentives-mulled-agriculture
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
US remains Cambodia’s biggest export destination
Cambodia exported $8,144 million to the US in the first eleven months of 2023, inching down 0.89 percent compared to the same period in 2022, a report from the Ministry of Commerce showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501416446/us-remains-cambodias-biggest-export-destination-2/
Cambodia’s exports to Indonesia jump 112 percent
Cambodia’s exports to Indonesia and India rose the most in the January to November 2023 period, by 111.7 percent and 55.1 percent respectively, compared to the same period in 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501415859/cambodias-exports-to-indonesia-jump-112-percent/
Credit growth too high, especially in real estate sectors
In July, the National Bank of Cambodia (NBC) flagged the “historically” high credit-to-gross domestic product (GDP) ratio, which stood at 189 percent in 2022, with credit-to-GDP gap reaching nearly 40 percent. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-credit-growth-too-high-especially-in-real-estate-sectors
Cambodia collects nearly $6 billion in taxes in 2023
Cambodia earned $5.9 billion in revenues from all kinds of taxes in 2023, a 3.9 percent decrease compared to $6.14 billion in 2022, as per an official report released on Friday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501442033/cambodia-collects-nearly-6-billion-in-taxes-in-2023/
RGPPSEZ reports strong growth in revenues for 2023
The Royal Group Phnom Penh Special Economic Zone (RGPPSEZ) recorded a total revenue of almost $64 million throughout the 2023 year, marking an increase of 137 percent compared to 2022 annual revenues, says the Cambodia Securities Exchange (CSX). ...
James Whitehead
https://www.khmertimeskh.com/501474093/rgppsez-reports-strong-growth-in-revenues-for-2023/
Minimum wage for workers in the textile, garment, footwear and travel and bag products for 2022
On 28 September 2021, the Ministry of Labor and Vocational Training issued a press release on the minimum wage for workers in the textile, garment, footwear and travel and bag products for 2022. Workers in the textile, garment, footwear and travel and bag industries will ...
Ministry of Labor and Vocational Training
China to work further with Mekong countries in water resources
China is ready to consolidate political trust with the five countries along the Lancang-Mekong River, and further cooperate with them in areas of water resources, drought and flood prevention, industrial capacity, agriculture, and human resources, Premier Li Keqiang said on Wednesday. Li made the remarks ...
Zhang Yue
http://www.chinadaily.com.cn/a/201801/11/WS5a5727eba3102c394518e98a.html
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
Dates set for minimum wage raise discussion
The National Council on Minimum Wage (NCMW) will hold a series of meetings from mid-September onwards to negotiate the 2022 minimum wage for workers in the textile, garment and footwear sectors. ...
Long Kimmarita
https://www.phnompenhpost.com/national/dates-set-minimum-wage-raise-discussion
Kingdom, Laos talk security
The Ministry of Interior and the Lao Ministry of Public Security have signed a memorandum of understanding (MoU) on security cooperation for 2022 and agreed to continue to foster increased links between them. ...
Voun Dara
https://www.phnompenhpost.com/national/kingdom-laos-talk-security