Textile-related exports surge nearly a quarter to $3B in Q1
Cambodia exported more than $3 billion worth of garments, footwear, travel goods and other textile-related products in the first quarter of 2022, an increase of nearly a quarter compared to the same period last year, according to data from the General Department of Customs and ...
Hom Phanet
https://www.phnompenhpost.com/business/textile-related-exports-surge-nearly-quarter-3b-q1
January-May rubber exports bounce up 3% on-year
Cambodia exported more than 100,000 tonnes of natural rubber latex in the first five months of 2022, an increase of three per cent year-on-year, amid a four per cent drop in the wholesale going-rate for the milky-white exudate at top-quality, according to the General Directorate ...
Hom Phanet
https://www.phnompenhpost.com/business/january-may-rubber-exports-bounce-3-year
Jan-May footwear exports run past $700M
Cambodian exports of footwear and related items topped $700 million in the first five months of 2022, representing gains of more than a third from the same period last year, in an upswing expected to continue as international tourism flows return to pre-Covid-19 levels. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-may-footwear-exports-run-past-700m
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/
$3.38 billion worth of oil and gas products imported by Cambodia in first 11 months
Cambodia have imported oil and gas products worth $3.38 billion in the first 11 months of 2022, up almost 58 percent over the same period last year, a report from the General Department of Customs and Excise said on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501201457/3-38-billion-worth-of-oil-and-gas-products-imported-by-cambodia-in-first-11-months/
Jan-Nov SSEZ import-export volumes surpass $2.2B
The volume of imports and exports of the Sihanoukville Special Economic Zone’s (SSEZ) tenants totalled $2.246 billion in the first 11 months of 2022, marking a 12.24 per cent rise year-on-year from $2.001 billion, statistics provided by the operator indicate. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-nov-ssez-import-export-volumes-surpass-22b
International airports welcome 3.4M passengers in eight months
International airports in Phnom Penh, Siem Reap and Sihanoukville welcomed a combined 3.4 million passengers in the eight-month period of this year, a staggering 180 percent increase over the same period in 2022, a senior official at the State Secretariat of Civil Aviation said. ...
Chea Vanyuth
https://www.khmertimeskh.com/501358752/international-airports-welcome-3-4m-passengers-in-eight-months/
Loan offtake slows, NPLs go up
Growth in the offtake of loans from financial institutions is forecast to be in single digits this year in Cambodia, compared to the 17 percent growth in 2022, according to the Cambodian Financial Sector Report 2023 by Mekong Strategic Capital. ...
Manoj Mathew
https://www.khmertimeskh.com/501350471/loan-offtake-slows-npls-go-up/
Cambodia-China FTA brings growth
Nearly two years have passed since the Cambodia-China Free Trade Agreement (CCFTA) came into effect in early January 2022. This period has witnessed significant growth in bilateral trade, as well as a surge in Chinese investment in Cambodia. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-china-fta-brings-growth
Instruction to remind on measures to prevent the spread of Monkeypox outbreak
On 24 July 2022, the Ministry of Health has posted an Instruction to remind on the measure to prevent the spread of Monkeypox on its official social media site.As the World Health Organization declared the Monkeypox outbreak a global health emergency, the Ministry of Health ...
Ministry of Health
H2 inflation to fall below 5%: NBC boss
Average year-on-year inflation for the second half (H2) of 2022 will fall below five per cent, on the back of improvements in economic activity, as gross domestic product (GDP) grows around five per cent over the period, National Bank of Cambodia (NBC) governor Chea Chanto ...
May Kunmakara
https://www.phnompenhpost.com/business/h2-inflation-fall-below-5-nbc-boss
Joint statement of Cambodia Microfinance Association and Association of Banks in Cambodia on the German government-funded study
On 16 September 2022, the Association of Banks in Cambodia and Cambodia Microfinance Association issue a joint statement on a study entitled “Micro” Finance in Cambodia: Development, Challenges, and Recommendations commissioned by the Federal Ministry for Economic Cooperation and Development (BMZ). ...
Cambodia Microfinance Association
Phnom Penh port sees 30% jump in Jan-Sept container throughput
Public listed Phnom Penh Autonomous Port (PPAP) recorded a 30 percent year-on-year jump in container throughput at 329,043 TEUs (twenty-foot equivalent unit) in the first nine months ended Sept 30, 2022 compared to 256,407 TEUs. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/phnom-penh-port-sees-30-jump-in-jan-sept-container-throughput
OWSO earns over $15 million from four-year service provision
From July 2018 to June 2022, One Window Service Office (OWSO) earned over $15 million from its provision of 185,482 services to the public. The update was shared by Mr Huot Hay, Deputy Governor of Phnom Penh in a meeting here in Phnom Penh early ...
Khmer Times Staff
https://www.khmertimeskh.com/501135108/owso-earns-over-15-million-from-four-year-service-provision/
PM rejects Chhay’s apology for ‘defamation’
Prime Minister Hun Sen has rejected an apology from Son Chhay, vice-president of the Candlelight Party (CP), regarding his allegations of vote-rigging by the ruling Cambodian People’s Party’s (CPP) at the commune council elections in June 2022. ...
Samban Chandara
https://www.phnompenhpost.com/national/pm-rejects-chhays-apology-defamation
Exports fall 5.7% to $5.4 billion
Cambodia’s exports declined by 5.7 percent in the first quarter of 2023, with the value of goods exported standing at $5.4 billion compared with $5.8 billion in 2022, according to data released by the General Department of Customs and Excise. . ...
Seng Mengheng
https://kiripost.com/stories/cambodia-exports-fall-57-to-54-billion
Cambodia finalises plans for 150 infrastructure projects
Cambodia is currently in the process of finalising the Comprehensive Intermodal Transport Master Plan 2022-2030 (CIT-MP), which includes plans for 150 hard and soft infrastructure development projects and requires an investment of $30 billion, according to Minister of Public Works and Transport Sun Chanthol. ...
Post Staff
https://www.phnompenhpost.com/national/cambodia-finalises-plans-150-infrastructure-projects
Int’l visitors top 1.9M in Jan-Nov, on track to hit full-year target
Cambodia welcomed more than 1.914 million international visitors in the first 11 months of 2022, up nearly 12-fold on-year, in an improvement largely attributed to effective pandemic management and the relatively early adoption of a “Living with Covid” approach. ...
Hin Pisei
https://www.phnompenhpost.com/business/intl-visitors-top-19m-jan-nov-track-hit-full-year-target
Sihanoukville port’s earnings fall 2.75%
According to a report issued by Sihanoukville Autonomous Port, it earned more than 85,117 million riels, equivalent to roughly $65 million, in the first nine months of 2022, marking a 2.75 percent decrease from the same period in 2021. ...
Mao Sreypich
https://kiripost.com/stories/sihanoukville-ports-earnings-fall-275
RCEP will help Cambodia graduate from its least developed country (LDC) status by 2028
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached $28.4 billion in the first 11 months of 2022, a year-on-year increase of 7 percent, the Ministry of Commerce’s latest report showed on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501214449/rcep-will-help-cambodia-graduate-from-its-least-developed-country-ldc-status-by-2028/