Cambodia, Indonesia trade to exceed $1.1 billion
Amid the rising economic cooperation between Cambodia and Indonesia, the bilateral trade volume in 2023 has increased by 15 percent while in the first six months of this year, it reached nearly $580 million, making it possible to surpass $1.1 billion by the end of ...
Nhean Chamrong
https://www.khmertimeskh.com/501559729/cambodia-indonesia-trade-to-exceed-1-1-billion/
Royal Government plans to spend about $36 million to train young people from poor families
In 2024, the Royal Government of Cambodia planned to spend about $36 million on vocational training for young people from poor and vulnerable families across the country. This is according to the draft of the 2024 national budget, which was released by the Ministry of ...
Khmer Times Staff
https://www.khmertimeskh.com/501383846/royal-government-plans-to-spend-about-36-million-to-train-young-people-from-poor-families/
The 38th meeting of the ASEAN Intergovernmental Commission on Human Rights (AICHR)
The ASEAN Intergovernmental Commission on Human Rights (AICHR) held its 38th Meeting chaired by Yong Chanthalangsy, representative of the Lao People’s Democratic Republic and Chairman of AICHA 2024 on 20-23 February 2024 in Vientiane, Lao People’s Democratic Republic. ...
Khmer Times Staff
https://www.khmertimeskh.com/501445333/the-38th-meeting-of-the-asean-intergovernmental-commission-on-human-rights-aichr/
Mexico’s trade balance in Kingdom is likely to reach $400M this year
Mexico has trade deposits in all ASEAN countries and its trade balance with Cambodia, in particular, is likely to touch $400 million by the end of 2024. This was made possible through the huge trade surplus between Mexico and the United States, reaching over $150 ...
Nhean Chamrong
https://www.khmertimeskh.com/501453541/mexicos-trade-balance-in-kingdom-is-likely-to-reach-400m-this-year/
Siem Reap receives more than 110,000 tourists during the Chinese-Vietnamese New Year
Tourists and people of Siem Reap Province visit various resorts in Siem Reap Province during the Chinese-Vietnamese New Year from February 9–11, 2024, for a total of 117,677 people, an increase of 11.56% compared to 2023, about 105,481 people. ...
Khmer Times Staff
https://www.khmertimeskh.com/501438425/siem-reap-receives-more-than-110000-tourists-during-the-chinese-vietnamese-new-year/
PM forecasts economic contraction of 1.9 percent this year
Prime Minister Hun Sen recently predicted that the country’s economy may contract 1.9 percent this year due to the COVID-19 pandemic. In a circular on budget planning for 2021-2023, he said Cambodia has recorded a strong fall in demand from its trading partners. ...
Khmer Times Staff
https://www.khmertimeskh.com/50733913/pm-forecasts-economic-contraction-of-1-9-percent-this-year/
Inclusion guide to aid 1.7M poor
The much-anticipated Inclusive Business Enabling Environment for Cambodia (IbeeC) strategy will be adopted soon to meet the needs of 1.7 million poor and low-income Cambodians by 2023, a wide-ranging virtual meeting conducted by the Ministry of Industry, Science, Technology and Innovation heard on March 18. ...
Thou Vireak
https://www.phnompenhpost.com/business/inclusion-guide-aid-17m-poor
National Road 10 project construction on track
National Road 10, which will link Battambang to Koh Kong province, is now 43.75 percent complete and scheduled to open for traffic in 2023. This was announced by the Secretary of State of the Ministry of Public Works and Transport Bong Bun Hourn following an ...
Jason Boken
https://www.khmertimeskh.com/50807538/national-road-10-project-construction-on-track/
Communities in long-running land dispute with a sugarcane company in Kampong Speu province asked the Ministry of Land Management to expedite the settlement
Nearly 100 people have land dispute with Ly Yong Phat sugar plantation in Kampong Speu province gather in front of the Ministry of Land Management, Urban Planning and Construction on the morning of January 26, 2023 to request this ministry to expedite the demolition procedure ...
Khut Chariya
https://www.postkhmer.com/national/2023-01-26-1931-246327.html
Cambodia, EU applaud the remarkable evolution of cooperation
Cambodian foreign minister Prak Sokhonn extended congratulations to the departing Ambassador of the European Union (EU) to Cambodia, Carmen Moreno, for her exemplary efforts and success in her diplomatic tenure in the Kingdom. This sentiment was shared during her farewell call on 16 August 2023 ...
Fresh News
https://en.freshnewsasia.com/index.php/en/localnews/39247-2023-08-16-14-44-39.html
ADB retains Cambodia’s growth forecast at 5.3 percent in 2022 and 6.2 percent in 2023, down by 0.3 percent
The Asian Development Bank (ADB) maintained its economic growth forecast for Cambodia at 5.3 percent in 2022, but lowered the 2023 forecast to 6.2 percent from the earlier prediction of 6.5 percent due to weaker global growth, according to its updated outlook report released on ...
Khmer Times Staff
https://www.khmertimeskh.com/501155788/adb-retains-cambodias-growth-forecast-at-5-3-percent-in-2022-and-6-2-percent-in-2023-down-by-0-3-percent/
SEZs drive $26B exports since 2011
Cambodia has 24 special economic zones (SEZ) operating from 2016 to the end of the first half of 2023, with capital investment of $8.1 billion, mainly in sectors such as garment, footwear and travel products, auto parts, electronics, car tyre manufacturing, automotive and bicycle assembly. ...
May Kunmakara
https://www.phnompenhpost.com/business/sezs-drive-26b-exports-2011
Exports inch up in spite of international trade falling from Jan-Aug
Trade between Cambodia and international partners in the first eight months of 2023 amounted to nearly $32 billion, down 14.5 per cent compared to $37.4 billion in the same period in 2022, although the General Department of Customs and Excise of Cambodia (GDCE) contended that ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-inch-spite-international-trade-falling-jan-aug
Sar Thet advises continuing to tighten traffic law enforcement to eliminate accidents
In the first nine months of this year, the number of traffic accidents has decreased significantly as traffic law enforcement continues to reduce accidents and increase public order while travelling across the country. This is the assertion of the General Commissioner of the National Police, ...
Khmer Times Staff
https://www.khmertimeskh.com/501360492/sar-thet-advises-continuing-to-tighten-traffic-law-enforcement-to-eliminate-accidents/
Cambodia-India trade bucks global downturn, rises 7%
Trade volume between Cambodia and India has grown 6.6 per cent year-on-year to $306.9 million from $287.8 million amid contracted bilateral trade with other nations in the first eight months of 2023. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-india-trade-bucks-global-downturn-rises-7
Cambodia’s export to fellow RCEP members reaches $5.26 billion
Cambodia exported $5.26 billion worth of goods to fellow member countries of the Regional Comprehensive Economic Partnership (RCEP) in the first eight months of 2023, up 22 percent from $4.3 billion the same period last year, according to the latest report by the Ministry of ...
Khmer Times Staff
https://www.khmertimeskh.com/501372630/cambodias-export-to-fellow-rcep-members-reaches-5-26-billion/
Profit down in first nine months of year: PPAP
Phnom Penh Autonomous Port (PPAP), a listed state-owned river quay, reported a decline in revenue for the first nine months of 2023, a decrease attributed to unfavorable global economic conditions, largely exacerbated by the prolonged Russia-Ukraine conflict, which has adversely impacted global demand. ...
May Kunmakara
https://www.phnompenhpost.com/business/profit-down-first-nine-months-year-ppap-2
UN estimates 100,000 trafficked into Cambodian scam operations, officials ask “Where are they?”
At least 100,000 people have been forced to carry out online scams in Cambodia, according to a UN Human Rights report released Tuesday, but Cambodian government officials say they want to see more evidence for the estimate. ...
Seoung Nimol and Leila Goldstein
https://cambojanews.com/un-estimates-100000-trafficked-into-cambodian-scam-operations-officials-ask-where-are-they/
NSSF access jumps more than 80%
The number of people accessing healthcare services at local health facilities through the National Social Security Fund (NSSF) increased by more than 80 per cent in the first six months of 2023, if compared with the same period last year, officials said. ...
Long Kimmarita
https://www.phnompenhpost.com/national/nssf-access-jumps-more-80
Commercial Court could function ‘as early as 2024’: Justice ministry officials
A Ministry of Justice official said that a Commercial Court could be established and put into action as soon as 2024. Addressing the February 2 “AmCham Business Law Conclave: Critical Updates That You Need to Know for 2023” in Phnom Penh, justice ministry secretary of state ...
Orm Bunthoeurn
https://www.phnompenhpost.com/business/commercial-court-could-function-early-2024-justice-ministry-officials