Cambodia’s FDI surges 11.2% to $41B in 2021
Foreign direct investment (FDI) inflows in Cambodia between mid-1994 and end-2021 amounted to 168.8 trillion riel ($41.0 billion), rising by 11.2 per cent from the end of 2020, with the Greater China area remaining the Kingdom’s top source market, according to a new report. ...
Hom Phanet
https://www.phnompenhpost.com/business/cambodias-fdi-surges-112-41b-2021
Suspect arrested, machinery seized in illegal forest clearing case
Provincial authorities continue to work to suppress forest crimes – in line with the order of Prime Minister Hun Sen – to protect the country’s natural resources and forests. ...
Khmer Times Staff
https://www.khmertimeskh.com/501069785/suspect-arrested-machinery-seized-in-illegal-forest-clearing-case/
Kingdom’s exports increase by 34 percent in Jan-May
Cambodia’s exports increased during the first five months of this year, which reflected the revival of production chains in the garment and non-garment sectors after a successful vaccination campaign and easing of the pandemic. ...
Chea Vanyuth
https://www.khmertimeskh.com/501093434/kingdoms-exports-increase-by-34-percent-in-jan-may/
Mangrove saplings planted in Kampot
The Ministry of Environment in collaboration with the Kampot Provincial Administration, Fisheries Administration and the British Chevening Alumni Association of Cambodia (BCAAC) – with the support of the British embassy in Phnom Penh and Prudential (Cambodia) Life Insurance Plc – on April 30 planted 1,000 ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/mangrove-saplings-planted-kampot
ASEAN, US to up ties in Nov
ASEAN and the US have committed to signing a Comprehensive Strategic Partnership during the 10th ASEAN-US Summit to be held in Cambodia in November, in a pact made during the ASEAN-US Special Summit in Washington, DC, last week. ...
Ry Sochan
https://www.phnompenhpost.com/national-politics/asean-us-ties-nov
Kingdom’s economy to grow 5.4% in 2023
The Cambodian economy, which is projected to register a growth of 5 percent this year, is set to grow by 5.5 percent in 2023, according to the 2022 Annual Consultation Report on Cambodia published by the ASEAN+3 Macroeconomic Research Office (AMRO) yesterday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501206727/kingdoms-economy-to-grow-5-4-in-2023/
Domestic violence on the decline in remote areas
Cases of domestic violence are increasing at an alarming rate in remote communities compared to urban areas due to a lack of awareness of the negative consequences of violent behaviour. ...
Yim Sreylin
https://www.khmertimeskh.com/501217419/domestic-violence-on-the-decline-in-remote-areas/
KB Kookmin Bank launches integrated bank in Cambodia
South Korea’s KB Kookmin Bank on Sunday said it received final approval on Friday from Cambodia’s Ministry of Commerce to launch the integrated commercial bank KB Prasac Bank. ...
Khmer Times Staff
https://www.khmertimeskh.com/501338603/kb-kookmin-bank-launches-integrated-bank-in-cambodia/
Kingdom, Thailand to strengthen ties in vocational training
Cambodia and Thailand yesterday agreed to further strengthen cooperation in the field of employment and vocational training. ...
Manoj Mathew
https://www.khmertimeskh.com/501336647/kingdom-thailand-to-strengthen-ties-in-vocational-training/
Access to finance for SMEs in Cambodia
Access to finance remains a key barrier to small and medium enterprise (SME) growth in Cambodia, as many of them rely on personal finance rather than bank loans, which can affect long-term commercial and financial sustainability. ...
Mao Sreypich
https://kiripost.com/stories/access-to-finance-for-smes-in-cambodia
Singaporean business delegation eye market potential in Cambodia
Minister of Economy and Finance Aun Pornmoniroth recently welcomed delegates from the Singapore Business Federation (SBF) for talks aiming to explore the market potential and investment opportunities in Cambodia. ...
Bor Pich Zelin
https://www.phnompenhpost.com/business/singaporean-business-delegation-eye-market-potential-cambodia
Feature: Chinese electric vehicles gaining momentum in Cambodia
Kim Kheang, a 25-year-old trader in Cambodia, has decided to shift to use a Chinese electric vehicle (EV) in a move to save fuel costs and help keep the air clean. ...
Khmer Times Staff
https://www.khmertimeskh.com/501359251/feature-chinese-electric-vehicles-gaining-momentum-in-cambodia/
Parties eye ‘common ground’ in wage talks
In the latest meeting of the National Council on Minimum Wage (NCMW) regarding 2024 wage determination for the textile, garment, bag, footwear and travel goods sectors, both parties have reached an agreement to conclude negotiations by September 28. ...
Van Socheata
https://www.phnompenhpost.com/national/parties-eye-common-ground-wage-talks
U.S companies to explore investment opportunities in Cambodia
Cambodian Prime Minister Hun Manet said some U.S. companies will soon explore investment opportunities in Cambodia after his recent trip to the U.S. ...
Khmer Times Staff
https://www.khmertimeskh.com/501371073/u-s-companies-to-explore-investment-opportunities-in-cambodia/
Ministry to reform RCAF in line with Pentagonal Strategy
Defence Minister Tea Seiha has said that the ministry is planning to reform the Royal Cambodian Armed Forces (RCAF) in line with the Pentagonal Strategy aimed to achieve the Cambodia Vision 2050. ...
Hang Punreay
https://www.khmertimeskh.com/501353879/ministry-to-reform-rcaf-in-line-with-pentagonal-strategy/
Land sales spur revenue increase for PPSP in Q2
Public-listed Royal Group Phnom Penh Special Economic Zone (PPSP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties. ...
May Kunmakara
https://www.phnompenhpost.com/business/land-sales-spur-revenue-increase-ppsp-q2
Gold export booms in first semester
Cambodia saw a jump increase in gold exports in the first semester of this year, as more domestic gold refinery plants started commercial products. ...
Chea Vanyuth
https://www.khmertimeskh.com/501368438/gold-export-booms-in-first-semester/
Ministry outlines plans to tackle flooding in capital
The Ministry of Water Resources and Meteorology has announced a strategy for rapid rainwater drainage from canals, streams and rivers throughout Phnom Penh to mitigate flooding during the rainy season. Ministry secretary of state Chan Sinath spoke of the plan while chairing an emergency meeting on ...
Van Socheata
https://phnompenhpost.com/national/ministry-outlines-plans-tackle-flooding-capital
Law on hazardous goods management in the offing
Cambodia will set up an inter-ministerial commission to draft a law on “Hazardous Goods Management” to ensure control over the production, consumption, import, export, transportation and storage of hazardous goods. ...
Torn Vibol
https://www.khmertimeskh.com/501145449/law-on-hazardous-goods-management-in-the-offing/
