Cambodia, Laos to ink action plan for strategic partnership
Prime Minister Hun Sen and his Lao counterpart Sonexay Siphandone are set to sign a 2023-2027 action plan for a comprehensive and long-term strategic partnership between the two countries during the former’s February 13-14 visit. ...
Ry Sochan
https://www.phnompenhpost.com/national-politics/cambodia-laos-ink-action-plan-strategic-partnership
Cambodia and Myanmar strongest reliant on Chinese trade in ASEAN
Cambodia and Myanmar are the ASEAN countries most strongly economically dependent on trade with China, with Australia the nation in Asia-Pacific that is most reliant on Beijing, according to the Global Peace Index 2023. ...
Meas Molika
https://kiripost.com/stories/cambodia-and-myanmar-strongest-reliant-on-chinese-trade-in-asean
Real estate and construction sector needs reform to thrive
A White Book on Real Estate & Construction 2023 has made a raft of recommendations to enable the sector to thrive, ranging from building co-ownership, hazardous materials regulations, financial regulations, transparency on property transfer, to stronger regulatory enforcement. ...
Rov Hongseng
https://kiripost.com/stories/cambodia-real-estate-and-construction-sector-needs-reform-to-thrive
Cambodia makes $187 million from rubber exports of nearly 140,000 tonnes in H1
Cambodia exported 139,220 tons of dry rubber in the first half of 2023, up 2.72 percent from 135,537 tons over the same period last year, said a report from the General Directorate of Rubber on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501332130/cambodia-makes-187-million-from-rubber-exports-of-nearly-140000-tonnes-in-h1/
Tax revenue ‘exceeds’ expectations
The government has amassed over $3 billion in revenue from the General Department of Taxation (GDT) as of October 30, which represents 85.7% of the 2023 Law on Financial Management despite the deteriorating global economic landscape affecting the region. ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-revenue-exceeds-expectations
Children and youth advocate for child rights and climate actions on World Children’s Day in Cambodia
Children, young people, authorities, celebrities, civil society organizations, and development partners from all sectors in Cambodia come together Friday to begin a three-day celebration of World Children’s Day 2023, which is officially marked on 20 November. ...
Khmer Times Staff
https://www.khmertimeskh.com/501394343/children-and-youth-advocate-for-child-rights-and-climate-actions-on-world-childrens-day-in-cambodia/
Cambodia makes $320.5 mln from rubber exports in first 9 months
Cambodia exported 242,304 tons of dry rubber in the first nine months of 2023, up 3.5 percent from 234,100 tons over the same period last year, said a report from the General Directorate of Rubber on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501379483/cambodia-makes-320-5-mln-from-rubber-exports-in-first-9-months/
Circular environmental strategy set for launch
With the forthcoming launch of the Circular Environmental Strategy 2023-28, Cambodia demonstrates its dedication to addressing the climate change crisis. The government aspires to curtail greenhouse gas emissions, in response to the climate challenges affecting the country and the world. ...
Post Staff
https://www.phnompenhpost.com/national/circular-environmental-strategy-set-launch
Cambodia’s export turnover slightly rises in 11 months
Cambodia exported nearly $20.5 billion worth of goods in the first 11 months of 2023, a slight increase of 1.2% year-on-year, according to a report released recently by the General Department of Customs and Excise. ...
https://www.khmertimeskh.com/501407510/cambodias-export-turnover-slightly-rises-in-11-months/
NSSF: Over 100,000 people register for voluntary contribution scheme
From Nov. 14, 2023 to Jan. 1, 2024, a total of 106,868 people has registered as members of the Voluntary Contribution Health Care Social Security Scheme Fund (Voluntary Contribution Scheme), administered by the Ministry of Labour and Vocational Training. ...
Khmer Times Staff
https://www.khmertimeskh.com/501417707/nssf-over-100000-people-register-for-voluntary-contribution-scheme/
Bac II exam results announced earlier than planned
The results of the 2023 high school diploma exam (Bac II) will be announced today, earlier than expected due to the smooth marking process. ...
Torn Vibol
https://www.khmertimeskh.com/501396509/bac-ii-exam-results-announced-earlier-than-planned/
PM pushes ahead with Cambodia vision 2030
Prime Minister Hun Manet laid out plans for Cambodia to graduate to an upper-middle income country by 2030 and strengthen the nation’s resilience and sustainability beyond then at the Cambodia Outlook Conference 2023. ...
PichBormey Chhim PichBormey
https://kiripost.com/stories/pm-hun-manet-pushes-ahead-with-cambodia-vision-2030
Milled rice exporters optimistic
Cambodia exported over 656,000 tonnes of milled rice in 2023, marking a 3% increase from the previous year and generating over $465 million in revenue, a rise of 13%, as reported by the Cambodia Rice Federation (CRF), the Kingdom’s apex rice industry body. ...
Van Socheata
https://www.phnompenhpost.com/business/milled-rice-exporters-optimistic
Cambodia Culture Week in Vietnam to open from December 2-7
The Cambodia Culture Week in Vietnam 2023 will take place from December 2-7 in the two Mekong Delta provinces of Soc Trang and Dong Thap, the Ministry of Culture, Sports and Tourism announced on November 3. ...
Khmer Times Staff
https://www.khmertimeskh.com/501387064/cambodia-culture-week-in-vietnam-to-open-from-december-2-7/
Tax collection up 4.49 percent to $3.6 billion
Cambodia increased its tax collection by 4.49 percent year-over-year to $3.6 billion in 2023. We exceeded our target (101.13 percent) with this year’s collection, said the General Department of Taxation (GDT) at the Ministry of Economy and Finance. ...
Chea Vanyuth
https://www.khmertimeskh.com/501428582/tax-collection-up-4-49-percent-to-3-6-billion/
GDT nets $75 million from e-commerce
The General Department of Taxation (GDT) earned value-added tax (VAT) of $75.5 million on e-commerce in 2023, a year-on-year increase of 71 percent from $44 million recorded in 2022, an official report showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501429247/gdt-nets-75-million-from-e-commerce/
Tourism, manufacturing, infra development to raise GDP to 6.4% in 2024
Manufacturing, the recovery of Cambodian tourism on the back of regional improvement, and infrastructure development are likely to boost gross domestic product (GDP) growth, projected at 6.4 percent this year, up from 5.5 percent in 2023. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/tourism-manufacturing-infra-development-to-raise-gdp-to-64-in-2024
Cambodia’s economy expected to grow 6.4 pct in 2024
The Cambodian economy is projected to grow by 6.4 percent in 2024, up from 5.5 percent in 2023, mainly driven by tourism and manufacturing sector, National Bank of Cambodia (NBC)’s Governor Chea Serey said on Friday. ...
Xinhua
https://www.khmertimeskh.com/501430154/cambodias-economy-expected-to-grow-6-4-pct-in-2024/
Agriculture now 22 per cent of GDP
Despite being challenged by natural disasters, climate change and global crises, agriculture sector contributed about 22 per cent of Cambodia’s gross domestic product (GDP) in 2023, according to Minister of Agriculture, Forestry and Fisheries Dith Tina. ...
Van Socheata
https://www.phnompenhpost.com/national/agriculture-now-22-per-cent-of-gdp
BRI-backed economic zone in Cambodia records 34.8 pct rise in trade volume in 2023
The value of imports and exports passing through the Sihanoukville Special Economy Zone (SSEZ) in Cambodia reached $3.36 billionin 2023, a year-on-year increase of 34.8 percent, the zone operator said in a recent statement. ...
Khmer Times Staff
https://www.khmertimeskh.com/501435120/bri-backed-economic-zone-in-cambodia-records-34-8-pct-rise-in-trade-volume-in-2023/