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German president’s visit paves way for ties boost, as trade tops $1.2B: pundits

German President Frank-Walter Steinmeier’s visit to Cambodia could give renewed impetus towards the consolidation of bilateral relations between the two countries as well as to the two-way goods trade, which was valued at nearly $1.25 billion in 2022, expanding by almost one-fifth on a yearly ...

Hin Pisei
https://www.phnompenhpost.com/business/german-presidents-visit-paves-way-ties-boost-trade-tops-12b-pundits

Gov’t releases $1B pay-out to poor, vulnerable households

The Ministry of Social Affairs, Veterans and Youth Rehabilitation (MOSVY) has released more than $1 billion in payouts to Cambodian poor and vulnerable households during Covid-19 in 13 rounds that are divided into 35 times as of Wednesday this week. The 13th round began its ...

Kang Sothear
https://www.khmertimeskh.com/501297077/govt-releases-1b-pay-out-to-poor-vulnerable-households/

Cambodia’s Q1 international trade at $11.3 billion

Cambodia’s international trade decreased 14.5 percent to $11.3 billion in the first quarter of 2023, according to a report from the General Department of Customs and Excise yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501271231/cambodias-q1-international-trade-at-11-3-billion/

Nearly 1K tuk-tuk drivers register for NSSF pilot

The National Social Security Fund (NSSF) has received nearly 1,000 registrations from self-employed tuk-tuk drivers under a pilot project. Officials have called on more drivers to come forward and register. ...

Post Staff
https://www.phnompenhpost.com/national/nearly-1k-tuk-tuk-drivers-register-nssf-pilot

9,034 drug suspects arrested, nearly 1 tonne of narcotics seized

Cambodian authorities had arrested 9,034 drug-related suspects, including 167 foreigners, in 3,764 cases during the first half of 2023, said an Anti-Drug Police Department’s (ADP) report on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501317958/9034-drug-suspects-arrested-nearly-1-tonne-of-narcotics-seized/

Cambodia to provide training on technical skills for 1.5 million young people

Cambodia’s private sector hopes to provide vocational training on technical skills for approximately 1.5 million young people to supplement the country’s local skilled workforce, enhance capabilities, and reduce production costs shortly. ...

Khmer Times Staff
https://www.khmertimeskh.com/501395454/cambodia-to-provide-training-on-technical-skills-for-1-5-million-young-people/

Workers seek $14 minimum wage increase for 2025, employers offer $1

Cambodian worker representatives have called for a $14 increase in the minimum wage, while employer representatives have proposed a $1 increase on the current rate of $204 for 2025, according to a press release from the Ministry of Labour and Vocational Training following a meeting ...

Niem Chheng
https://www.phnompenhpost.com/national/workers-seek-14-minimum-wage-increase-for-2025-employers-offer-1

Exports to Japan exceed $1 billion in first 9 months of 2024

Bilateral trade between Cambodia and Japan in the first nine months of 2024 amounted to nearly $1.6 billion, marking an increase of almost 20% compared to the same period in 2023, with Cambodia’s exports to Japan surpassing $1 billion. ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-to-japan-exceed-1-billion-in-first-9-months-of-2024

GDT crackdown returns over $1 million in unpaid tax fines

The General Department of Taxation (GDT) has collected more than $1 million in fines from more than 5,000 vehicles that have not paid their 2019 tax on time.​ ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50701111/gdt-crackdown-returns-over-1-million-in-unpaid-tax-fines

PM Hun Sen: $1, $2 and $5 banknotes are still legal tender

Prime Minister Hun Sen on Friday has clarified to the public that the  $1, $2 and $5 US bank notes are still accepted  normally in the Kingdom. ...

Sok Chan
https://www.khmertimeskh.com/50728542/pm-hun-sen-1-2-and-5-banknotes-are-still-legal-tender/

Some 1.2 million of workers bear the brunt of Covid-19

An estimated 1.2 million factory workers have been affected by the government’s lockdown of Phnom Penh and adjacent Takmao town in Kandal province, which will now be extended to May 5, according to the Ministry of Labour and Vocational Training spokesperson Heng Sour. ...

Lay Samean
https://www.phnompenhpost.com/national/some-12-million-workers-bear-brunt-covid-19

4.1 million tonnes of agricultural products exported in first five months

Cambodia exported some 4.1 million tons of agricultural products in the first five months of this year, a 1.1 million increase over the same period last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/50862233/4-1-million-tonnes-of-agricultural-products-exported-in-first-five-months/

New investment projects of $2.2 billion licensed in Q1

The Council for the Development of Cambodia (CDC) awarded licences to 94 new investment projects with a registered value of $2.2 billion, during the first quarter of 2021, a 114 percent increase compared to projects approved during the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/50850034/new-investment-projects-of-2-2-billion-licensed-in-q1/

AFD provides $1.8m grant to protect rubber sector in Cambodia

The Agence Française de Développement (AFD) and the Cambodian General Directorate of Rubber on Friday signed an agreement for a $1.8 million (1.5 million euro) regional grant to anticipate the possible effects of climate change and agricultural labour scarcity within the rubber industry in Southeast ...

Khmer Times Staff
https://www.khmertimeskh.com/50930382/afd-provides-1-8m-grant-to-protect-rubber-sector-in-cambodia/

CDC okays $1.3 b multipurpose port in Kampot province

The Council for the Development of Cambodia has approved a massive investment project worth $1.3 billion to develop a logistics and multi-purpose port in Kampot, one of southern Cambodia’s coastal provinces. ...

Chea Vanyuth
https://www.khmertimeskh.com/501010691/cdc-okays-1-3-b-multipurpose-port-in-kampot-province/

Cambodia-Japan trade passes $1.9B after Dec rebound

The bilateral merchandise trade volume between Cambodia and Japan totalled $1.948 billion in 2022, rising by 12.33 per cent over a year earlier, with Cambodian exports accounting for a 60.22 per cent share, down by 2.85 percentage points on a yearly basis, according to the ...

Hin Pisei |
https://www.phnompenhpost.com/business/cambodia-japan-trade-passes-19b-after-dec-rebound

Cambodia reports elevated dengue fever activity reported nationwide as of August 1

Health authorities continue to report elevated dengue fever activity nationwide in Cambodia, with an additional 3,363 cases reported from June 27-July 23; bringing the total to more than 8,020 since Jan. 1. ...

Khmer Times Staff
https://www.khmertimeskh.com/501336328/cambodia-reports-elevated-dengue-fever-activity-reported-nationwide-as-of-august-1/

Kingdom’s exports to Japan top $1B

Cambodia exported $1.09 billion worth of goods to Japan in the first seven months of this year, a year-on-year increase of 4.3 percent, the Japan External Trade Organization (JETRO) report showed recently. ...

Chea Vanyuth
https://www.khmertimeskh.com/501355347/kingdoms-exports-to-japan-top-1b/

SME registration up 1.6% at 43,974 in 2022

The number of small and medium enterprises (SMEs) registered at the Ministry of Industry, Science, Technology, and Innovation rose to 43,974 in 2022, a slight increase of 1.6 percent compared to a year ago. ...

Chea Vanyuth
https://www.khmertimeskh.com/501268091/sme-registration-up-1-6-at-43974-in-2022/

Int’l tourism receipts rocket nearly eightfold to over $1.4B

International tourism receipts clocked in at $1.415 billion last year, marking a 7.690-fold increase over $184 million in 2021, albeit still a 71.2 per cent decrease from 2019’s record $4.919 billion, according to the Ministry of Tourism’s Tourism Indicators 2022 report. ...

https://www.phnompenhpost.com/business/intl-tourism-receipts-rocket-nearly-eightfold-over-14b

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