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
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/
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
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
Statement in response to allegations by associations and NGOs
On Wednesday evening, 12 February 2020, the Ministry of Interior issued a statement in response to allegations by several associations and non-governmental organizations accusing the Royal Government of not being willing to amend the Law on Association and Non-government Organization (LANGO). ...
Ministry of Interior