International airports welcome 3.4M passengers in eight months
International airports in Phnom Penh, Siem Reap and Sihanoukville welcomed a combined 3.4 million passengers in the eight-month period of this year, a staggering 180 percent increase over the same period in 2022, a senior official at the State Secretariat of Civil Aviation said. ...
Chea Vanyuth
https://www.khmertimeskh.com/501358752/international-airports-welcome-3-4m-passengers-in-eight-months/
$230M hydropower dam to start construction in Pursat province
The construction of $230 million Stung Pursat hydropower I dam with a capacity of 80 megawatt is set to break ground soon, after the ground preparation at the construction site has been made since last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501251643/230m-hydropower-dam-to-start-construction-in-pursat-province/
GDT brings in $20.9M of e-commerce VAT over Q1
The General Department of Taxation (GDT) announced that it collected 84.67 billion riel, or $20.91 million, in value-added tax (VAT) from e-commerce in the first quarter of the year, which is seen as a reflection of the boom in online transactions witnessed since the advent ...
May Kunmakara
https://www.phnompenhpost.com/business/gdt-brings-209m-e-commerce-vat-over-q1
SME Bank loans top $432M, help at least 3,260 businesses
The state-owned Small and medium Enterprise Bank of Cambodia Plc (SmE Bank) has disbursed more than $432 million in loans to at least 3,260 SmEs, to keep them from going under during the height of the Covid-19 crisis, and subsequently to help them reopen and ...
May Kunmakara
https://www.phnompenhpost.com/business/sme-bank-loans-top-432m-help-least-3260-businesses
Cambodia reports $6.6M budget surplus in 11 months
The Royal Government of Cambodia has collected 22,302 billion riels or $5.44 billion as the total national revenue in the first 11 months of 2022, while the total national expenditures reached 22,275 billion riels or $5.43 billion, resulting in 27 billion riels or $6.6 million ...
Kang Sothear
https://www.khmertimeskh.com/501214805/cambodia-reports-6-6m-budget-surplus-in-11-months/
CGCC-guaranteed loans jump 13% year-to-date, top $104M
Credit Guarantee Corporation of Cambodia Plc (CGCC) reportedly issued a total of 1,155 Letters of Guarantee (LG) for loans worth $104.9 million equivalent as of February 28 – up 13 per cent year-to-date – as part of its mission to improve financial inclusion among small- ...
May Kunmakara
https://www.phnompenhpost.com/business/cgcc-guaranteed-loans-jump-13-year-date-top-104m
World Vision Cambodia aid over 4.5M vulnerable people
World Vision Cambodia (WVC) has extended a helping hand to more than 4.5 million vulnerable individuals, with a major focus on the country’s youth. In light of these achievements, the organisation has announced a strategic five-year plan to ensure sustainable wellbeing for an additional five ...
Long Kimmarita
https://www.phnompenhpost.com/national/world-vision-cambodia-aid-over-45m-vulnerable-people
ADB prepare $200M water package
The Ministry of Water Resources and Meteorology and representatives of the Asian DevelopMent Bank (ADB) Met for talks on June 27 to discuss long-terM investMent in projects that would support the Ministry’s crucial functions. Following negotiations, the ADB prepared a new $200 Million package of ...
Bor Pich Zelin
https://www.phnompenhpost.com/national/adb-prepare-200m-water-package
Ministry sees 4.5M tourists in 2023
Cambodia received more than 2.16 million international visitors during the first five months of the year, representing 75 per cent of numbers recorded in the same period of the pre-pandemic year of 2019. minister of Tourism Thong Khon said the ministry hopes to see the ...
Van Socheata
https://www.phnompenhpost.com/business/ministry-sees-45m-tourists-2023
AFD pledges $435m for Cambodian development projects
AFD has pledged to pump its largest amount of funding to date into Cambodia in the form of $435 million to fund a raft of projects, with priority given to water and sanitation, agriculture, energy and vocational training sectors. ...
Marissa Carruthers
https://kiripost.com/stories/afd-pledges-435m-for-cambodian-development-projects
Revenues from ports at $130M: Chanthol
The Sihanoukville and Phnom Penh ports generated a total of nearly $130 million in revenues last year, according to minister of Public Works and Transport Sun Chanthol. ...
Sem Pisey
https://www.phnompenhpost.com/national/revenues-ports-130m-chanthol
NEC prepares 13M ballots for July 23 election
The National Election Committee (NEC) announced the successful printing of over 13 million ballot papers. The ballots are set to be dispatched to provinces throughout the country on July 18, a strategic move scheduled five days ahead of the July 23 general election. ...
Kim Yutharo
https://www.phnompenhpost.com/national/nec-prepares-13m-ballots-july-23-election
Cambodia planning $100M in bond issue
The government plans to issue a $100 million sovereign bond in 2024. The move aims to raise additional funds through the capital market to support public investment projects, while also repaying the principal and interest of previous issuances. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-planning-100m-in-bond-issue
Cart Tire revving up to raise capital investment to $700M
A Chinese car tyre manufacturer is planning to increase its investment in Cambodia by raising its capital to approximately $700 million, in a move aimed at enhancing production capacity and expanding exports to additional international markets. ...
Hin Pisei
https://www.phnompenhpost.com/business/cart-tire-revving-up-to-raise-capital-investment-to-700m
10 investment projects worth $60m given green light
On Wednesday, the Council for the Development of Cambodia (CDC) announced the release of 10 investment projects worth $60 million in textile, garment, footwear, and manufacturing industries, creating 12,695 jobs. ...
Yatt Malai
https://kiripost.com/stories/10-investment-projects-worth-60m-given-green-light
Kingdom’s food delivery business to net $170M
The food delivery business in Cambodia that got its momentum during the Covid-19 lockdowns is expected to make further strides and net a revenue of $170.2 million by the end of the current year. ...
Jigmee Palden Pazo
https://www.khmertimeskh.com/501493191/kingdoms-food-delivery-business-to-net-170m/
Land titles sought in Kompong Thom
The Kampong Thom provincial governor issued a letter on Tuesday to villagers living in Santuk district, ordering them to provide documentation confirming their ownership of land they reportedly “purchased” from brokers after it had already been assigned to relocated families, officials said yesterday. Deputy district governor ...
Cambodia’s trade with Malaysia grows sharply
Cambodia’s trade with malaysia grows sharply in 1st 4 months of Y 2011 The bi-lateral trade between Cambodia and malaysia increased by 75% in the 1st 4 months of this year, compared to the same period last year, said a senior commerce official Wednesday. From January to ...
http://www.livetradingnews.com/cambodias-trade-with-malaysia-grows-sharply-47229.htm
Industry 4.0: How Cambodia can build for the future
A conference was held at the UN Development Programme (UNDP) head office in Phnom Penh as well as over video conference to discuss a new report conducted by the UN and the Institute for manufacturing Educational Consultancy Services (Ifm ECS) within the University of Cambridge). ...
Jason Boken
https://www.khmertimeskh.com/50754083/industry-4-0-how-cambodia-can-build-for-the-future/
Emergency plan in place as Mekong levels rise and fall
The Mekong River CoMMission (MRC) warned on August 9 that water levels in the Mekong froM Stung Treng to Kratie are likely to drop significantly. The decrease is expected to be froM 0.20M to 1M over the next five days. ...
Ry Sochan
https://www.phnompenhpost.com/national/emergency-plan-place-mekong-levels-rise-and-fall