New Tonle Sap eco-tourism network to be established soon
The “Tonle Sap Eco-Tourism Network” will be established on the occasion of the 3rd National Ecotourism Forum on November 21 and 22 2023, said Minister of Tourism Thong Khon, on October 27, at the closing ceremony for a workshop on the establishment of the forum, ...
Keo Kereya
https://www.phnompenhpost.com/national/new-tonle-sap-eco-tourism-network-be-established-soon
Bilateral trade between Cambodia and Japan worth $1.948 billion in 2022
The figure was revealed by Prime Minister Hun Sen when presiding over the groundbreaking ceremony for the construction of container terminal of Sihanoukville Autonomous Port (PAS), and the celebrations of the 70th Anniversary of Cambodia. -Japan Diplomatic Relations (1953-2023), and the 137th anniversary of International ...
Khmer Times Staff
https://www.khmertimeskh.com/501282910/bilateral-trade-between-cambodia-and-japan-worth-1-948-billion-in-2022/
Cambodian exports to Vietnam surge by nearly a quarter to $1.3B
Cambodia’s goods exports to Vietnam reached $1.324 billion in the first five months of 2023, up 22.69 per cent year-on-year from $1.079 billion and up 83.92 per cent half-on-half from $719.79 million, according to the General Department of Customs and Excise of Cambodia (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-vietnam-surge-nearly-quarter-13b
Debt ratio below most ASEAN states: IMF
Cambodia’s general government gross debt (GGGD) is projected to reach 37.5 per cent of GDP (gross domestic product) in 2023 – up from 36.5 per cent in 2022 – which, although marking the highest rate since 42.7 per cent in 2004, is lower than that ...
May Kunmakara
https://www.phnompenhpost.com/business/debt-ratio-below-most-asean-states-imf
GDT collects $1.34 billion in Q1 amid challenges
The General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) has collected more than $1.34 billion of tax revenue in the first three months of 2023, an increase of 6.39 percent compared to the same period of the previous year, while ...
Kang Sothear
https://www.khmertimeskh.com/501280694/gdt-collects-1-34-billion-in-q1-amid-challenges/
Cambodia’s export to RCEP countries up 24 percent in H1
Cambodia’s total export to other Regional Comprehensive Economic Partnership (RCEP) countries amounted to $4.07 billion in the first half of 2023, up 24 percent from $3.28 billion over the same period last year, said the Ministry of Commerce’s latest report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501326651/cambodias-export-to-rcep-countries-up-24-percent-in-h1/
Jan-Apr rubbers exports bounce up 38%: GDCE
Cambodia earned $206.728 million from the export of “rubber and articles thereof” in the first four months of 2023, up 38.0 per cent year-on-year from $149.808 million and up 22.7 per cent half-on-half (compared to July-October 2022) from $168.5 million, according to provisional Customs (GDCE) ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-apr-rubbers-exports-bounce-38-gdce
Global economy will slow for a third straight year in 2024, World Bank predicts
That is the picture sketched by the World Bank, which forecast Tuesday that the world economy will expand just 2.4% this year. That would be down from 2.6% growth in 2023, 3% in 2022 and a galloping 6.2% in 2021, which reflected the robust recovery ...
Kiripost staff writers
https://kiripost.com/stories/global-economy-will-slow-for-a-third-straight-year-in-2024-world-bank-predicts
Cambodia’s garments and agricultural products continue to drive export growth
Cambodia’s export sector has demonstrated resilience, with a slight increase of 1.2 percent in exports during the first 11 months of 2023. According to a report released by the General Department of Customs and Excise, the country exported goods worth $20.5 billion, compared to $20.24 ...
Khmer Times Staff
https://www.khmertimeskh.com/501406845/cambodias-garments-and-agricultural-products-continue-to-drive-export-growth/
Cambodia posts 57% rise in agricultural exports
Cambodia exported more than 6.13 million tonnes of agricultural products in the first half of 2024, an increase of 57 percent compared to the same period in 2023, earning more than $2.8 billion, according to a report of the General Directorate of Agriculture posted by ...
Mom Kunthear
https://www.khmertimeskh.com/501517943/cambodia-posts-57-rise-in-agricultural-exports/
Electrical machinery, equipment export revenue exceeds $1.4B
Cambodia earned approximately $1.4 billion from the export of electrical machinery, equipment and parts to international markets during the first eight months of 2024, a decrease of one-third compared to the same period in 2023. Some economists attribute the decline to weak global economic growth. ...
Hin Pisei
https://www.phnompenhpost.com/business/electrical-machinery-equipment-export-revenue-exceeds-1-4b
Canada now 9th largest trade partner
Trade between Cambodia and Canada for the first nine months of 2023 reached approximately $700 million, marking a decrease of over 22% from the corresponding period last year, according to the latest figures from the General Department of Customs and Excise’s (GDCE) International Commodity Trade ...
Hin Pisei
https://www.phnompenhpost.com/business/canada-now-9th-largest-trade-partner
Construction of new Phnom Penh airport on schedule
Construction of a new airport that will serve Phnom Penh is on track and could be completed as early as 2023, the developer said. Pung Kheav Se, chairman of the Overseas Cambodia Investment Corporation (OCIC), the company behind the project, said they are now building ...
Sok Chan
https://www.khmertimeskh.com/50667677/construction-of-new-phnom-penh-airport-on-schedule/
Boosting domestic vegetable production to curb imports
The country planted a variety of vegetables covering a total 58,000 hectares of land nationwide by the end of 2019 that produced 68 per cent of local market demand, according to Ministry of Agriculture’s spokesperson Srey Vuthy. By 2023, he wants this to increase to 63,000 ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50676080/boosting-domestic-vegetable-production-to-curb-imports
‘New normal’ recovery map afoot
Cambodia is designing policy for 2021-2023 to chart a path for sustainable and inclusive economic recovery from the Covid-19 crisis, with an approach that ensures peace, security, social stability and public order on the path to the “new normal”, enhances competitiveness and promotes economic diversification ...
Hin Pisei
https://www.phnompenhpost.com/business/new-normal-recovery-map-afoot
The 4th Inter-governmental Conference on Angkor and Sambo Prei Kuk to be held at UNESCO Headquarters
Taking advantage of the 45th Session of the World Heritage Committee in Riyadh, Saudi Arabia, Dr. Hang Peou, Director General of APSARA National Authority, Phan Nadi, together with the Permanent Scientific Secretary of the ICC-Angkor and Sambo Prei Kuk met with Lazare Eloundou Assomo, President ...
ILO holds third meeting on occupational safety, health in construction
The International Labour Organisation’s (ILO) Project Advisory Committee on enhancing Occupational Safety and Health (OSH) standards in the construction sector on September 6 held its third consultative meeting, where they shared the results of the projects that were implemented this year and outlined their 2023 ...
Chea Sokny
https://www.phnompenhpost.com/national/ilo-holds-third-meeting-occupational-safety-health-construction
One million tons rice export target set for next five years
The Kingdom of Cambodia, which is striving to promote the country as a “rice basket” and a major rice exporter, is aiming to ship at least one million tons of rice per year – 2023 onwards – and earn revenue of around $800 million annually ...
Prakash Jha
https://www.khmertimeskh.com/501192888/one-million-tons-rice-export-target-set-for-next-five-years/
Int’l trade slips but deficit dips 72%
Cambodia’s international trade volume reached $15.611 billion in the first four months of 2023, down 14.10 per cent year-on-year from $17.650 billion, while the trade deficit for the period narrowed by nearly three-quarters on an annual basis, according to provisional figures from the General Department ...
Hin Pisei
https://www.phnompenhpost.com/business/intl-trade-slips-deficit-dips-72
Dolphin population survey completed
The first freshwater dolphin identification survey of 2023 was conducted from January 12-17, with the participation of international experts from the Sarasota Dolphin Research Programme, the US Marine Mammal Commission, and the specialist groups that constitute the International Union for Conservation of Nature (IUCN) Species ...
Post Staff
https://www.phnompenhpost.com/national/dolphin-population-survey-completed