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Forum connects enterprises in five Southeast Asian countries

The Thailand-Vietnam-Laos-Cambodia-Myanmar Business Forum 2023 took place from November 17-19 in Thailand’s UdonThani province, promoting connection among enterprises in the five countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501394870/forum-connects-enterprises-in-five-southeast-asian-countries/

Exports to India up over 57% in ‘23

Cambodia garnered over $233 million in the first ten months of 2023 from exports to India, marking an increase of nearly 60% compared to the corresponding period in 2022. ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-to-india-up-over-57-in-23

CDC okays projects valued $5b in 2023

Up to $4.9 billion of total investment capital for 268 investment projects have been approved by the Council for the Development of Cambodia (CDC) in 2023, with some 307,000 jobs created, according to its statement on Wednesday. ...

Thang Sinorn
https://kiripost.com/stories/cdc-okays-projects-valued-5b-in-2023

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 initiatives in Cambodia revolutionise payment options for tourists

Cambodia is set to expand its payment options for tourists by implementing blockchain-based central bank digital currency (CBDC) partnerships. This move is part of the country’s strategy to modernize its tourism sector, recognizing the significant role it plays in the Cambodian economy. ...

Khmer Times Staff
https://www.khmertimeskh.com/501405449/new-initiatives-in-cambodia-revolutionise-payment-options-for-tourists/

Human rights violation, deforestation evident in Cambodia’s gold mine operations over 20 years – report

A recent report by Equitable Cambodia has exposed the commercial gold mining industry’s involvement in deforestation, violation of rights, encroachment and land grab of traditional indigenous forested areas. ...

Khuon Narim
https://cambojanews.com/human-rights-violation-deforestation-evident-in-cambodias-gold-mine-operations-over-20-years-report/

Hundreds of people near Angkor erupted in protest during the demolition of the Apsara Authority, accusing it of illegal construction

Hundreds of villagers from seven villages near Angkor in Khnat commune, Puok district and Teuk Vil commune, Siem Reap municipality, Siem Reap province, erupted in protest during the Apsara Authority’s demolition, accusing them of building illegally as they feared forced evictions and homelessness, according to ...

Kheang Sokmean
https://khmer.cambojanews.com/hundreds-of-people-near-angkor-erupted-in-protest-during-the-demolition-of-apsara-authority-accusing-it-of-illegal-construction/

Real estate momentum slow at 0.5 percent growth in 2023

Real estate growth has marginally improved year-over-year. But the momentum of growth is still slow with 2023 seeing the real estate sector grow 0.5 percent, compared to 0.2 percent in 2022. ...

Rachel David
https://www.khmertimeskh.com/501446564/real-estate-momentum-slow-at-0-5-percent-growth-in-2023/

17 mega US firms keen to explore investment opportunities in Cambodia

Representatives from 17 mega firms from the United States have evinced interest in exploring investment opportunities in the Kingdom. ...

Chea Vanyuth
https://www.khmertimeskh.com/501447882/17-mega-us-firms-keen-to-explore-investment-opportunities-in-cambodia/

Emirates to resume daily Phnom Penh service in May

Emirates airline will restart its daily service to Phnom Penh starting from May 1 via Singapore, boosting the airline’s Southeast Asian connectivity to and from Dubai, and linking two trade and leisure centres in the region. ...

Chea Vanyuth
https://www.khmertimeskh.com/501448533/emirates-to-resume-daily-phnom-penh-service-in-may/

Cambodia Private Commercial Centre launched in Dubai

Cambodia’s bilateral trade with the United Arab Emirates (UAE) is poised to grow further after the Cambodia Private Commercial Center was officially launched in Dubai. ...

Chea Vanyuth
https://www.khmertimeskh.com/501447220/cambodia-private-commercial-centre-launched-in-dubai/

Cambodia’s foreign reserves rise to $20 bln in 2023

Cambodia’s international reserves increased to $20 billion in 2023, representing a year-on-year rise of 12.3 percent, the central bank said on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501429536/cambodias-foreign-reserves-rise-to-20-bln-in-2023/

Cambodia’s exports surge 22.7% in first two months

Cambodia’s international trade recorded a growth of 19.2 percent in the first two months of this year compared to the same period last year and reached $8.12 billion. While exports surged 22.7 percent to reach $3.98 billion, imports grew by 16.1 percent to reach $4.13 ...

Manoj Mathew
https://www.khmertimeskh.com/501454157/cambodias-exports-surge-22-7-in-first-two-months/

Cambodia attracts $1.39 bln investment in first 2 months of 2024

Cambodia approved fixed-asset investment projects worth $1.39 billion in the first two months of 2024, a significant rise of about 500 percent compared to the same period last year, a Council for the Development of Cambodia (CDC)’s report said on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501454423/cambodia-attracts-1-39-bln-investment-in-first-2-months-of-2024/

NBC reports 44% surge in electronic riel transactions

National Bank of Cambodia (NBC) governor Chea Serey announced an increase in electronic transactions and payments in Cambodian riel for 2023, noting that they were 44% higher than in 2022. ...

Van Socheata
https://www.phnompenhpost.com/national/nbc-reports-44-surge-in-electronic-riel-transactions

ADB projects Cambodia to grow at 5.8% in 2024

Rising tourism footfalls and strong manufacturing prospects will drive Cambodia’s economy to grow at the rate of 5.8 percent this year and six percent next year, according to the latest edition of the Asian Development Bank’s (ADB) flagship economic report, released yesterday. ...

Manoj Mathew
https://www.khmertimeskh.com/501471600/adb-projects-cambodia-to-grow-at-5-8-in-2024/

Cambodia exports rubber worth $490.6 million in 2023

Cambodia exported 368,048 tonnes of dry rubber in 2023, a slight decrease of 1.3 percent from 372,903 tonnes in a year earlier, said a report from the General Directorate of Rubber on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501425159/cambodia-exports-rubber-worth-490-6-million-in-2023/

Cultural tradition: Tree ordination in Prey Lang

Members of the Kuoy ethnic minority, part of the Prey Lang community network (PLCN) spanning Kratie, Stung Treng, Preah Vihear and Kampong Thom provinces, will perform a tree ordination ceremony next month. This annual event commemorates forests, accompanied by heartfelt prayers for their protection and ...

Chea Sokny
https://www.phnompenhpost.com/national/cultural-tradition-tree-ordination-in-prey-lang

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