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Kingdom, Turkey keen on $1B trade goal, direct flights

Cambodia and Turkey have agreed to increase bilateral trade with an annual target of $1 billion and also moved ahead with plans to operate direct flights between Phnom Penh and Istanbul. ...

Nhean Chamrong
https://www.khmertimeskh.com/501497762/kingdom-turkey-keen-on-1b-trade-goal-direct-flights/

Ministry mulls digital record for 1.2 million IDPoor cardholders

The Ministry of Planning said that about 1.2 million poor people are receiving monthly social allowances from the government since 2006, and it is planning to have a digital record of the IDPoor cardholders. ...

Tith Kongnov
https://www.khmertimeskh.com/501470327/ministry-mulls-digital-record-for-1-2-million-idpoor-cardholders/

Cambodia-U.S. trade volume reaches $2.1 billion in first four months

The trade volume between Cambodia and U.S. has reached $2.1 billion in the first four months of the year which goes up to 29.31 percent compared to the same period of 2019 which was shared by the U.S Trade Bureau. ...

Khmer Times Staff
https://www.khmertimeskh.com/50732492/cambodia-u-s-trade-volume-reaches-2-1-billion-in-first-four-months/

Exclusive ADB may offer more than $1.5b in new funding

Khmer Times can report that the Asian Development Bank (ADB) is proposing to provide $1.5211 billion of new funding in its updated Cambodia country operations and business plan (COBP) 2021-2023. ...

Harrison White
https://www.khmertimeskh.com/50744668/exclusive-adb-may-offer-more-than-1-5b-in-new-funding/

Q1 garment exports valued at $2.4 billion

Cambodia’s garment product exports contracted in the first quarter financial period as hundreds of factories remained closed temporarily because of COVID-19 in Phnom Penh and Takmao city, Kandal province. ...

Chea Vanyuth
https://www.khmertimeskh.com/50850644/q1-garment-exports-valued-at-2-4-billion/

1.4 MWp rooftop solar PV system in Cambodia planned for development

Cleantech Solar, a commercial and industrial (C&I) solar PV developer,  has inked a long-term solar partnership with Can Sports Shoes Co. Ltd. in Cambodia to develop a 1.4 MWp rooftop solar PV project. ...

Khmer Times Staff
https://www.khmertimeskh.com/501217670/1-4-mwp-rooftop-solar-pv-system-in-cambodia-planned-for-development/

NOTICES Agri exports to China hit 2.4M tonnes worth $1.9B in last 42 months

Agricultural exports to China in the 14 quarters to June 30 amounted to 2.4 million tonnes, worth $1.942 billion, said a Chinese embassy report citing Cambodian agriculture ministry data, as the government’s new policies to boost productivity in the field and turn the Kingdom into ...

Hin Pisei
https://www.phnompenhpost.com/business/agri-exports-china-hit-24m-tonnes-worth-19b-last-42-months

General Department of Customs and Excise earns more than $564 million in Q1

The General Department of Customs and Excise (GDCE) has collected $564.1 million as custom income in the first three months of this year, a decline of 5.2 percent compared to the same period of 2022. ...

Khmer Times Staff
https://www.khmertimeskh.com/501273118/general-department-of-customs-and-excise-earns-more-than-564-million-in-q1/

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/

MoEYS provides financial support to improve quality of over 1,500 textbooks

Ministry of Education, Youth and Sport said that from 2020 until this month, the Research Creativity and Innovation Fund (RCIF), has provided financial support to public and private higher education institutions in order for improving textbooks, to be used at the higher level in 1,565 ...

Torn Vibol
https://www.khmertimeskh.com/501315921/moeys-provides-financial-support-to-improve-quality-of-over-1500-textbooks/

Foreign investments up $45.8b in Q1’23 - NBC

Cambodia recorded a nine percent year-on-year growth in foreign direct investment (FDI) at 185.7 trillion riel ($45.8 billion) in the first quarter of 2023, the National Bank of Cambodia (NBC) revealed via Twitter yesterday. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-nbc-foreign-investments-up

MPWT sets price of 1,600 riel per kWh for electric vehicles

Electric vehicle (EV) owners will be charged 1,600 riel per kWh to recharge, the Ministry of Public Works and Transport (MPWT) said today, as figures reveal the number of EVs nationwide are on the rise. ...

Rov Hongseng
https://kiripost.com/stories/cambodia-mpwt-sets-price-of-1600-riel-per-kwh-for-electric-vehicles

Cambodia-Thailand trade surpasses $1.7 billion in first five months

Bilateral trade between Cambodia and Thailand crossed $1.7 billion in the first five months, an increase of 1.73 percent compared to the same period last year, said a report of the General Department of Customs and Excise of the Ministry of Commerce. ...

Mom Kunthear
https://www.khmertimeskh.com/501511502/cambodia-thailand-trade-surpasses-1-7-billion-in-first-five-months/

Cambodia collects close to $1.9 billion in fiscal revenue in first seven months

The General Department of Taxation (GDT) collected 7,605.46 billion Riel (approximately $1,877.89 million) as tax revenue in the first seven months of this year, a 9.6 percent increase compared to the same period last year. ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50755254/cambodia-collects-close-to-1-9-billion-in-fiscal-revenue-in-first-seven-months/

Gov’t predicts per capita GDP will reach $1,771 next year

The Cambodian government has projected the country’s per capita gross domestic product (GDP) will reach $1,771 by the end of 2021, up from $1,600 this year, an anticipated increase of 10.6 percent. ...

Harrison White
https://www.khmertimeskh.com/50796692/govt-predicts-per-capita-gdp-will-reach-1771-next-year/

CMA says member institutions have restructured $1.38B of loans

The Cambodia Microfinance Association (CMA) has announced that as of January 3, 2021, CMA members have provided loan restructuring worth $1.382 billion.  The total number of restructuring requests stood at 303,593 with 285,234 having been granted. ...

Sok Chan
https://www.khmertimeskh.com/50802377/cma-says-member-institutions-have-restructured-138b-of-loans/

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