CGCC provides over US$160 million credit supports to SMEs
The Credit Guarantee Corporation of Cambodia (CGCC) has infused credit guarantees of as much as $164.7 million as of December 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501427481/cgcc-provides-over-us160-million-credit-supports-to-smes/
IMF revises Cambodia’s GDP up 35% with 2014 base
The International Monetary Fund (IMF) in its World Economic Outlook for April 2024 revealed Cambodia’s new GDP figures by taking 2014 as the base year for the calculations instead of 2000, showing the economy 35 percent larger than previous GDP calculations indicated. ...
Manoj Mathew
https://www.khmertimeskh.com/501482271/imf-revises-cambodias-gdp-up-35-with-2014-base/
Cambodia’s trade with Vietnam rises nearly 25%
Neighbouring Vietnam has consolidated its position as the second biggest trade partner of Cambodia after China with trade volume between the two rising by 24.5 percent to reach $2.32 billion in the first three months of this year (Q1, 2024), compared to the same period ...
Manoj Mathew
https://www.khmertimeskh.com/501474739/cambodias-trade-with-vietnam-rises-nearly-25/
Cambodia, Singapore ink MoU on digital government cooperation
The Ministry of Post and Telecommunication of Cambodia (MPTC) and the Ministry of Communications and Information of Singapore (MCI) signed a memorandum of understanding (MoU) aimed at reforming the digital government network as well as promoting human capital development. ...
Nhean Chamrong
https://www.khmertimeskh.com/501509732/cambodia-singapore-ink-mou-on-digital-government-cooperation/
Cambodia-Korea Special Economic Zone on cards
Top Royal Government of Cambodia (RGC) officials and a delegation of the Embassy of the Republic of Korea in Cambodia Thursday held talks on the possibility of setting up the Cambodia-Korea Special Economic Zone (Cam-Kor SEZ). ...
Nhean Chamrong
https://www.khmertimeskh.com/501511538/cambodia-korea-special-economic-zone-on-cards/
South Korean pharma eyes medical device venture in Cambodia
Representatives from Poonglim Pharmatech Inc., headquartered in the Republic of Korea’s Jeonbuk-do province, are exploring investment opportunities in medical device manufacturing in Cambodia, following a meeting with Suon Sophal, Deputy Secretary General of the Cambodian Investment Board (CIB), at Council for the Development of Cambodia ...
James Whitehead
https://www.khmertimeskh.com/501515044/south-korean-pharma-eyes-medical-device-venture-in-cambodia/
190 projects totalling $3.2 billion approved in six months
Cambodia has approved 190 investment projects totalling more than $3.2 billion and providing more than 68,500 jobs, with the bulk of foreign investment coming from China. ...
Mao Sreypich
https://kiripost.com/stories/190-projects-totalling-32-billion-approved-in-six-months
Cambodia and France exchange two MoUs on trade and education
Dr. Hun Manet, Prime Minister of Cambodia, presided over the opening ceremony of the three-day France-Cambodia Business Forum, held at the Sofitel Phokeethra Phnom Penh this morning. ...
Khmer Times Staff
https://www.khmertimeskh.com/501519296/cambodia-and-france-exchange-two-mous-on-trade-and-education/
Kingdom emerges biggest supplier of raw cashew nuts to Vietnam
Cambodia has knocked off Ivory Coast to become Vietnam’s biggest supplier of raw cashew nuts. Earlier it was the African nation that held the position. The General Department of Customs of Vietnam made the announcement on Saturday. ...
Jigme PaldenPazo
https://www.khmertimeskh.com/501519482/kingdom-emerges-biggest-supplier-of-raw-cashew-nuts-to-vietnam/
IMF trains Cambodian customs officers in investigation techniques
The International Monetary Fund (IMF) has provided investigation training for officers of the General Department of Customs and Excise (GDCE) of the Ministry of Economy and Finance. ...
Khmer Times Staff
https://www.khmertimeskh.com/501520510/imf-trains-cambodian-customs-officers-in-investigation-techniques/
Cambodia plans for transition out of LDC status
Cambodia highlighted its Development Cooperation and Partnership Strategy (DCPS 2024-2028) during a 2024 high level political forum on sustainable development under the theme “reinforcing the 2030 agenda and eradicating poverty in times of multiple crisis”. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501526910/cambodia-plans-for-transition-out-of-ldc-status/
CCC plans to establish EU liaisons
In a move to bolster foreign investment, the Cambodian Chamber of Commerce (CCC) has announced plans to establish additional liaisons abroad, with a particular focus on the European Union. ...
Chea Vanyuth
https://www.khmertimeskh.com/501529677/ccc-plans-to-establish-eu-liaisons/
Govt calls for integrating investment data into CDC system
Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) Monday called on relevant ministries to examine the possibility of optimising the Investment Project Application (IPA) by reconciling data with the CDC’s new system to improve convenience in ...
Nhean Chamrong
https://www.khmertimeskh.com/501540956/govt-calls-for-integrating-investment-data-into-cdc-system/
Cambodia’s int’l trade reaches over $31bn, up 15% in first 7 months
Cambodia’s foreign trade volume hit $31.18 billion in the first seven months of 2024, up 15% from $27.1 billion over the same period last year, according to an official report released on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501539306/cambodias-intl-trade-reaches-over-31bn-up-15-in-first-7-months/
Gov’t: village feedback to be used for reform
Hundreds of senior government officials will be dispatched to the provinces in the coming months to gauge public opinion on reforming state institutions. Almost 800 senior officials from all ministries will begin the project on February 15, state broadcaster TVK reported yesterday, following a meeting at ...
Vong Sokheng
http://www.phnompenhpost.com/national/gov%E2%80%99t-village-feedback-be-used-reform
Labour draft law revamped
The government has dropped controversial criminal penalties targeting unionists in its latest draft of the union law, Commerce Minister Cham Prasidh said yesterday. Addressing a meeting of representatives of international apparel brands, including Nike, Adidas and PUMA, unions, government officials and the International Labour Organisation, ...
http://www.phnompenhpost.com/index.php/2011090751499/National-news/labour-draft-law-revamped.html
Government promotes clean cities in Cambodia
Tourism officials have launched a new initiative called the Eco-Club designed to promote environmental awareness and improve the image of Cambodian cities through better management and disposal of plastic bags. The program aims to recruit Cambodian youth to spread the word and educate the broader community ...
http://www.phnompenhpost.com/Business/government-promotes-clean-cities-in-cambodia.html
Co-op scheme aims to boost farmers’ profits
An ambitions new agricultural development project backed by a former US diplomat is aiming to dramatically revamp the sector and bring profits back into the hands of farmers. Sichan Siv, a Cambodian with dual citizenship who spent five years serving as US ambassador to the UN, ...
http://www.phnompenhpost.com/2012121960368/National/co-op-scheme-aims-to-boost-farmers-profits.html
Thai Trade Expo Draws Thousands of Cambodian Visitors Despite Ongoing Border Row
Thousands of Cambodian people visited and bought Thai products on Thursday at a large scale exhibition although simmering border spat between the two countries remains unsolved. “Even though border dispute is still going on, trade and investment ties between Thailand and Cambodia are still good,” Amparwon ...
http://news.xinhuanet.com/english/business/2013-05/02/c_132355223.htm
Indochine raises A$5.5m, sells 85% of Cambodia gold assets
ASX-listed Indochine Mining has completed the first part of a A$26.3-million capital raising, and has signed a deal with fellow-listed Capital Mining to dispose of an 85% shareholding in its wholly owned subsidiary, which owns gold assets in Cambodia. Earlier this month, the precious metals developer ...
Esmarie Swanepoel
http://www.miningweekly.com/article/indochine-raises-a55m-sells-85-of-cambodia-gold-assets-2013-10-08