H1 vehicle imports slow down by 20% on-year to $457M
Cambodia imported a total of $456.673 million worth of “rot’yon” -class automotive motor vehicles in the first half of 2023, down 19.90 per cent year-on-year from $570.099 million, according to the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/h1-vehicle-imports-slow-down-20-year-457m
Cambodia records 513 percent increase in tourist arrivals in 1st 4 months
Cambodia received some 1.72 million international visitors in the first four months of 2023, a significant rise of 613 percent from merely 241,485 over the same period last year, said a Ministry of Tourism’s report on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501308550/cambodia-records-513-percent-increase-in-tourist-arrivals-in-1st-4-months/
China, Vietnam, Thai markets make up 70% of Cambodia’s imports
Mainland China, Vietnam and Thailand accounted for $7.259 billion or 71.81 per cent of Cambodia’s total goods imports in the first five months of 2023, which amounted to $10.109 billion, according to the General Department of Customs and Excise of Cambodia (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/china-vietnam-thai-markets-make-70-cambodias-imports
Ecobatt, environment ministry tackle e-waste
In a joint effort between the Ministry of Environment and Ecobatt Energy Investment International (Ecobatt), over 30 tonnes of electronic waste, including used cell batteries and electrical equipment, were collected between August 2022 and October 2023. ...
Post Staff
https://www.phnompenhpost.com/national/ecobatt-environment-ministry-tackle-e-waste
Cambodia attracts 4.4 mln int’l tourists in first 10 months
Cambodia recorded 4.4 million international tourist arrivals in the first 10 months of 2023, a sharp increase of around 180 percent from 1.57 million over the same period last year, Tourism Minister SokSoken said here on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501401301/cambodia-attracts-4-4-mln-intl-tourists-in-first-10-months/
Cambodia Media Diversity Forum held in Phnom Penh
UNESCO organised the Cambodian Media Diversity Forum 2023 aimed to discuss, exchange and share innovative approaches and initiatives to harness the wealth of Cambodia’s social diversity to jointly contribute to the development of the country and the attainment of the Sustainable Development Goals. ...
Khmer Times Staff
https://www.khmertimeskh.com/501406136/cambodia-media-diversity-forum-held-in-phnom-penh/
New minimum wage in effect, up $4 per month
With the arrival of a new calendar year, workers in textile, garment, footwear, and travel goods factories are set to enjoy a new minimum monthly salary of $204. The new figure is $4 higher than the 2023 wage. ...
Van Socheata
https://www.phnompenhpost.com/national/new-minimum-wage-in-effect-up-4-per-month
‘Zero-plastic’ campaign set for all schools across nation
The Council of Ministers has suggested that the Ministry of Education, Youth and Sport integrate the “Today I will not use plastic” campaign into all of the schools across the country, from the 2023-2024 academic year onwards. ...
Chea Sokny
https://www.phnompenhpost.com/national/zero-plastic-campaign-set-all-schools-across-nation
Footwear export revenue sees decline
Cambodia’s export revenue from footwear and related products reached nearly $1 billion in the first nine months of 2023, marking a 25.1% decline from the $1.32 billion recorded during the same period last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/footwear-export-revenue-sees-decline
Electrical machinery sales close to double as tech exports surge
Cambodia’s exports of electrical machinery, equipment and related products surpassed $2.4 billion in the first nine months of 2023, marking an increase of nearly double compared to the same period last year, according to the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/electrical-machinery-sales-close-double-tech-exports-surge
Construction approvals down, investment up
Cambodia approved over 2,600 construction investment projects in the first three quarters of 2023, marking a 19% decrease compared to the same period in 2022. Investment capital and construction space, however, have surged by over 100%, as per the Ministry of Economy and Finance ...
Hin Pisei
https://www.phnompenhpost.com/business/construction-approvals-down-investment-up
Announcement on incentive mechanism for voluntary business registration of informal economies
On 21 November 2023, the Ministry of Commerce issued an announcement offering incentives to the informal economy that voluntarily registers their businesses. Registered informal economy entities will receive government support, including exemptions from compliance requirements and other penalties. ...
Ministry of Commerce
Ministry achieves over 56% of road construction goals
The Ministry of Public Works and Transport (MPWT) had set a target of building and constructing 850 national and provincial roads with a length of more than 20,000 km by end 2023, with the roads been paved with rubber and concrete. ...
Torn Vibol
https://www.khmertimeskh.com/501447891/ministry-achieves-over-56-of-road-construction-goals/
Gov’t debt reached $10.7 billion in Q3 last year
The Royal Government of Cambodia (RGC) has a total public debt stock of $10.72 billion by the third quarter (Q3) of 2023 of which 99.5 percent is public external debt and the remaining goes to the public domestic debt, said the Ministry of Economy and ...
Nhean Chamrong
https://www.khmertimeskh.com/501428579/govt-debt-reached-10-7-billion-in-q3-last-year/
Trade with Singapore grows, exceeds $900M
The total value of trade between Cambodia and Singapore amounted to almost $920 million in 2023, marking an increase of over 7% compared to the previous year. Imports from the city-state represented a substantial 94% of the figure, according to the General Department of Customs ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-with-singapore-grows-exceeds-900m
Cambodia’s exports to RCEP countries up 16 percent in 4 months
Cambodia earned over $3.36 billion from exports to members of the Regional Comprehensive Economic Partnership (RCEP) in the first four months this year, up 16.2 percent from $2.89 billion recorded in the same period in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501489447/cambodias-exports-to-rcep-countries-up-16-percent-in-4-months/
Cambodia’s insurance industry sees slight growth in first 5 months of 2024
An Insurance Regulator of Cambodia (IRC) report showed on Monday that Cambodia’s insurance industry recorded a gross premium of $150 million in the first five months of 2024, up 1.2 percent from $148.1 million over the same period in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501511655/cambodias-insurance-industry-sees-slight-growth-in-first-5-months-of-2024/
Notification of the change of the official website of the National Bank of Cambodia
On 3 February 2023, the National Bank of Cambodia (NBC) issued a notification informing the public about the change of the official website of the National Bank of Cambodia. The changes are made to enhance the security of the management and use of the official ...
National Bank of Cambodia (NBC)
Press release on the outcome of the meeting between the Prime Minister and the Minister of Agriculture, Food and Rural Affairs of the Republic of Korea
On 28 August 2023, the spokespersons for the Prime Minister’s Office issued a press release on the outcome of a meeting between His Excellency Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, and His Excellency Chung Hwang-Keun, Minister of Agriculture, Food and Rural ...
Prime Minister's Office
Press release on the outcome of the “X Global Baku Forum”
On 13 March 2023, the National Assembly of the Kingdom of Cambodia issued a press release on the results of participating in the “X Global Baku Forum” under the theme “The World Now: Challenges and Hopes” from 7 to 12 March 2023 in Baku, Republic ...
National Assembly
