Cambodia attracts 4.4 mln int’l tourists in first 10 months
Cambodia recorded 4.4 million international tourist arrivals in the first 10 months of 2023, a sharp increase of around 180 percent from 1.57 million over the same period last year, Tourism Minister SokSoken said here on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501401301/cambodia-attracts-4-4-mln-intl-tourists-in-first-10-months/
Cambodia Media Diversity Forum held in Phnom Penh
UNESCO organised the Cambodian Media Diversity Forum 2023 aimed to discuss, exchange and share innovative approaches and initiatives to harness the wealth of Cambodia’s social diversity to jointly contribute to the development of the country and the attainment of the Sustainable Development Goals. ...
Khmer Times Staff
https://www.khmertimeskh.com/501406136/cambodia-media-diversity-forum-held-in-phnom-penh/
New minimum wage in effect, up $4 per month
With the arrival of a new calendar year, workers in textile, garment, footwear, and travel goods factories are set to enjoy a new minimum monthly salary of $204. The new figure is $4 higher than the 2023 wage. ...
Van Socheata
https://www.phnompenhpost.com/national/new-minimum-wage-in-effect-up-4-per-month
‘Zero-plastic’ campaign set for all schools across nation
The Council of Ministers has suggested that the Ministry of Education, Youth and Sport integrate the “Today I will not use plastic” campaign into all of the schools across the country, from the 2023-2024 academic year onwards. ...
Chea Sokny
https://www.phnompenhpost.com/national/zero-plastic-campaign-set-all-schools-across-nation
Footwear export revenue sees decline
Cambodia’s export revenue from footwear and related products reached nearly $1 billion in the first nine months of 2023, marking a 25.1% decline from the $1.32 billion recorded during the same period last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/footwear-export-revenue-sees-decline
Electrical machinery sales close to double as tech exports surge
Cambodia’s exports of electrical machinery, equipment and related products surpassed $2.4 billion in the first nine months of 2023, marking an increase of nearly double compared to the same period last year, according to the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/electrical-machinery-sales-close-double-tech-exports-surge
Construction approvals down, investment up
Cambodia approved over 2,600 construction investment projects in the first three quarters of 2023, marking a 19% decrease compared to the same period in 2022. Investment capital and construction space, however, have surged by over 100%, as per the Ministry of Economy and Finance ...
Hin Pisei
https://www.phnompenhpost.com/business/construction-approvals-down-investment-up
Cambodia’s exports to RCEP countries up 16 percent in 4 months
Cambodia earned over $3.36 billion from exports to members of the Regional Comprehensive Economic Partnership (RCEP) in the first four months this year, up 16.2 percent from $2.89 billion recorded in the same period in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501489447/cambodias-exports-to-rcep-countries-up-16-percent-in-4-months/
Cambodia’s insurance industry sees slight growth in first 5 months of 2024
An Insurance Regulator of Cambodia (IRC) report showed on Monday that Cambodia’s insurance industry recorded a gross premium of $150 million in the first five months of 2024, up 1.2 percent from $148.1 million over the same period in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501511655/cambodias-insurance-industry-sees-slight-growth-in-first-5-months-of-2024/
Iron and steel imports up nearly 60 percent
According to the data released by the General Department of Customs and Excise (GDCE) earlier this month, iron and steel imports into the Kingdom increased by 59.2 percent during the first eight months of 2024 compared to the imports of these two core construction materials ...
James Whitehead
https://www.khmertimeskh.com/501564466/iron-and-steel-imports-up-nearly-60-percent/
Ministry achieves over 56% of road construction goals
The Ministry of Public Works and Transport (MPWT) had set a target of building and constructing 850 national and provincial roads with a length of more than 20,000 km by end 2023, with the roads been paved with rubber and concrete. ...
Torn Vibol
https://www.khmertimeskh.com/501447891/ministry-achieves-over-56-of-road-construction-goals/
Gov’t debt reached $10.7 billion in Q3 last year
The Royal Government of Cambodia (RGC) has a total public debt stock of $10.72 billion by the third quarter (Q3) of 2023 of which 99.5 percent is public external debt and the remaining goes to the public domestic debt, said the Ministry of Economy and ...
Nhean Chamrong
https://www.khmertimeskh.com/501428579/govt-debt-reached-10-7-billion-in-q3-last-year/
Trade with Singapore grows, exceeds $900M
The total value of trade between Cambodia and Singapore amounted to almost $920 million in 2023, marking an increase of over 7% compared to the previous year. Imports from the city-state represented a substantial 94% of the figure, according to the General Department of Customs ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-with-singapore-grows-exceeds-900m
PPWSA plans to produce and supply more than 245 million cubic meters of clean water to the people of Phnom Penh by 2023
Sim Sitha, Under Secretary of State, Ministry of Industry, Science, Technology and Innovation and Chairman of the Board of Directors of Phnom Penh Water Supply Authority has set up a plan to produce and supply clean water of more than 245 million cubic meters to ...
Khmer Times Staff
https://www.khmertimeskh.com/501298576/ppwsa-plans-to-produce-and-supply-more-than-245-million-cubic-meters-of-clean-water-to-the-people-of-phnom-penh-by-2023/
Number of factories in Cambodia grows from 64 in 1997 to 1,326 in 2023, says Prime Minister Hun Sen
During a meeting with nearly 20,000 workers and employees in the Royal Group Phnom Penh Special Economic Zone, on May 26, Prime Minister Hun Sen, said that Cambodia currently has 1,326 factories with more than 840,000 labor force across the country. ...
Khmer Times Staff
https://www.khmertimeskh.com/501297669/number-of-factories-in-cambodia-grows-from-64-in-1997-to-1326-in-2023-says-prime-minister-hun-sen/
Cambodia’s trade turnover over $19.2 bn in Jan-May 2023; 14% YoY drop
Cambodia’s trade turnover with global partners topped $19.2 billion in the first five months this year, a 14 per cent year on year (YoY) decline, government statistics show. ...
Khmer Times Staff
https://www.khmertimeskh.com/501310428/cambodias-trade-turnover-over-19-2-bn-in-jan-may-2023-14-yoy-drop/
New GMAC chairman elected to develop textile industry
The Garment Manufacturers Association of Cambodia (GMAC) held its 15th Annual General Meeting on Saturday to announce the results of work done during the last term and elect a new chairman and executive committee members for the 2022-2023 term. ...
Yin Soeum
https://www.khmertimeskh.com/501007947/new-gmac-chairman-elected-to-develop-textile-industry/
Slowing inflation fails to ease cost-of-living burden
Despite forecasts that inflation will fall from 6.2 percent in 2022 to 2.5 percent this year, Cambodians continue to face livelihood difficulties in the first month of 2023 as the cost of goods on the market remains high. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-slowing-inflation-fails-to-ease-cost-of-living-burden
Exports to Vietnam grow to $1.6B in first 7 months
Exports from Cambodia to Vietnam have recorded steady growth, rising 20.6 per cent year-on-year to $1.6 billion in the first seven months of 2023 from $1.3 billion, although trade balance dipped one per cent to $3.8 billion from the year prior. ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-vietnam-grow-16b-first-7-months
Cambodia’s exports $4.6B to RCEP markets in first 7 months
Cambodia has exported goods worth $4.59 billion to member countries of the Regional Comprehensive Economic Partnership (RCEP) in the first seven months of 2023, a 21 percent increase compared to the same period of the previous year, said a statement by the Ministry of Commerce ...
Kang Sothear
https://www.khmertimeskh.com/501346750/cambodias-exports-4-6b-to-rcep-markets-in-first-7-months/