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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

Cambodia’s tourism earns $3.04 billion revenue in 2023

Cambodia’s tourism earned gross revenue of $3.04 billion in 2023, up 115 percent from $1.41 billion in a year earlier, according to a Ministry of Tourisms report released on February 12, 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501439009/cambodias-tourism-earns-3-04-billion-revenue-in-2023/

PWSA profit rises 35.62% in Q1

Public-listed Phnom Penh Water Supply Authority (PWSA) recently declared a profit of KHR 52.09 billion ($12.59 million) for the first quarter (Q1) of 2024, a rise of 35.62 percent compared to the same period last year. ...

Manoj Mathew
https://www.khmertimeskh.com/501504460/pwsa-profit-rises-35-62-in-q1/

Loan-to-deposit ratio normalising in 2024, say bankers

A number that might be of concern in Cambodia’s banking system is its loans versus deposits. For 2023, Cambodia’s banks total loans outstanding was $57.6 billion and total deposits $47.9 billion.  ...

Rachel David
https://www.khmertimeskh.com/501505072/loan-to-deposit-ratio-normalising-in-2024-say-bankers/

Cambodia-Vietnam trade to exceed $10 billion in 2024

Cambodia and Vietnam are on track to exceed $10 billion in trade by the end of 2024, said Vietnam’s Ambassador to Cambodia Nguyen Huy Tang. ...

Chea Vanyuth
https://www.khmertimeskh.com/501511526/cambodia-vietnam-trade-to-exceed-10-billion-in-2024/

Korean firm plans to invest in Kingdom’s clean energy sector

A delegation from Hyuckjin Energy Plant Engineering, a company that deals with environmentally specialized businesses with high-tech and ecotechnology is keen on converting Cambodia’s waste into clean energy, using about 100 tonnes of waste to create 25 megawatts of electricity per day. ...

Nhean Chamrong
https://www.khmertimeskh.com/501487848/korean-firm-plans-to-invest-in-kingdoms-clean-energy-sector/

South Korean pharma eyes medical device venture in Cambodia

Representatives from Poonglim Pharmatech Inc., headquartered in the Republic of Korea’s Jeonbuk-do province, are exploring investment opportunities in medical device manufacturing in Cambodia, following a meeting with Suon Sophal, Deputy Secretary General of the Cambodian Investment Board (CIB), at Council for the Development of Cambodia ...

James Whitehead
https://www.khmertimeskh.com/501515044/south-korean-pharma-eyes-medical-device-venture-in-cambodia/

Top diplomat to take part in MLC Foreign Ministers’ Meeting

Minister of Foreign Affairs and International Cooperation Sok Chenda Sophea will lead a delegation to the 9th Mekong-Lancang Cooperation (MLC) Foreign Ministers’ Meeting in Chiang Mai, Thailand on August 16 at the invitation of his Thai counterpart Maris Sangiampongsa. ...

Ry Sochan
https://www.phnompenhpost.com/national/top-diplomat-to-take-part-in-mlc-foreign-ministers-meeting

Press release on the testing for positive cases of COVID-19 on those who involved in 3 massage parlors in Phnom Penh

On 08 March 2021, the Ministry of Health issued a press release on the testing for positive cases of COVID-19 of those who involved in 3 massage parlors in Phnom Penh and​​ releasing the additional necessary measures to prevent the large-scale transmission in Cambodia. ...

Ministry of Health

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Couple gets seven years in prison for land fraud scheme

The Phnom Penh Municipal Court on Thursday sentenced a couple to seven years in prison for commiting land fraud in 2015. Siek Leng and Chan Boramey were found guilty of forging public documents, fraud and using fake public documents under Articles 629, 630 and 377 of ...

Kim Sarom
https://www.phnompenhpost.com/national/couple-gets-seven-years-prison-land-fraud-scheme

Coal-fired power plant to come online in S’ville this month

A 135-megawatt coal-fired power plant will start producing energy this month in the coastal province of Preah Sihanouk, according to a high-ranking energy official. The plant is seen as an important element in the government’s strategy to deal with the current energy shortage. ...

Chea Vannak
https://www.khmertimeskh.com/50666710/coal-fired-power-plant-to-come-online-in-sville-this-month/

Hun Sen wants foreign money to invest in agro-processing

Cambodia’s Prime Minister is calling for more investments on agriculture processing and technology industry in the Kingdom. Speaking at a graduation ceremony yesterday, Mr Hun Sen said that more than 2 million hectares of paddy were harvested among the 2.7 million hectares of cultivated land ...

Sok Chan
https://www.khmertimeskh.com/50674133/hun-sen-wants-foreign-money-to-invest-in-agro-processing

PM seeks Japan’s help in developing blockchain tech

Prime Minister Hun Sen yesterday met a Japanese delegation at the Peace Palace to discuss strengthening bilateral cooperation, especially in the development of blockchain technology. In the morning, Mr Hun Sen met with the delegation headed by Kozo Yamamoto, a member of the House of ...

Ben Sokhean
https://www.khmertimeskh.com/50680516/pm-seeks-japans-help-in-developing-blockchain-tech

Concern as census counts just over 170 cranes in protected wetlands

Environmental technical teams and bird conservationists on Sunday expressed concern for the biodiversity of birds in the wetlands due to the water shortage this year. The concern comes as this year’s ongoing crane census has so far recorded more than 170 of them in the ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/concern-census-counts-just-over-170-cranes-protected-wetlands

Sar Kheng urges officials in Ratanakkiri to prevent crime

Minister of Interior Sar Kheng has urged Ratanakkiri provincial authorities to do more to eliminate crimes in the province. Speaking during the appointment ceremony of the chair of the Cambodian People’s Party’s working group for Ratanakkiri on Friday, Sar Kheng, who is also deputy prime ...

Mech Dara
https://www.phnompenhpost.com/national/sar-kheng-urges-officials-ratanakkiri-prevent-crime

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