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
Press release: The new Australian envoy vows to strengthen the bilateral ties
On 16 March 2023, the Ministry of Foreign Affairs and International Cooperation issued a press release after the courtesy call between H.E. Mr. Justin Kevin Whyatt, the new Ambassador of Australia to Cambodia, and H.E. Prak Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and ...
Ministry of Foreign Affairs and International Cooperation
Join Us: Training opportunity for SMEs and informal economy participants
Open Development Cambodia Organization (ODC) is excited to announce a full-day training session set on 22 December 2023, in Phnom Penh. The session touches on the business registration process, digital literacy, and digital security, targeting informal economies and SMEs, including women and indigenous peoples, and ...
Open Development Cambodia Organization
Tourism
![](https://opendevelopmentcambodia.net/wp-content/uploads/2023/02/3142368854_cf3bcabb4c_c-150x150.jpg)
The Royal Government of Cambodia has acknowledged the potential of the tourism industry as a source of Cambodia’s socio-economy growth, including job creation and poverty reduction. Tourism has been considered one of Cambodia’s key economic pillars, both international and domestic. In the early 2000s, the ...
Press release on the result of the first session of the National Assembly of the 7th legislature on 22 August 2023
On 22 August 2023, the General Secretariat of the National Assembly issued a press release on the result of the first session of the 7th legislature under the high presidency of Samdech Akka Moha Ponhea Chakrei Heng Smarin, Senator of the National Assembly, and 123 ...
General Secretariat of the National Assembly
PPWSA plans to produce and supply more than 245 million cubic meters of clean water to the people of Phnom Penh by 2023
Sim Sitha, Under Secretary of State, Ministry of Industry, Science, Technology and Innovation and Chairman of the Board of Directors of Phnom Penh Water Supply Authority has set up a plan to produce and supply clean water of more than 245 million cubic meters to ...
Khmer Times Staff
https://www.khmertimeskh.com/501298576/ppwsa-plans-to-produce-and-supply-more-than-245-million-cubic-meters-of-clean-water-to-the-people-of-phnom-penh-by-2023/
Number of factories in Cambodia grows from 64 in 1997 to 1,326 in 2023, says Prime Minister Hun Sen
During a meeting with nearly 20,000 workers and employees in the Royal Group Phnom Penh Special Economic Zone, on May 26, Prime Minister Hun Sen, said that Cambodia currently has 1,326 factories with more than 840,000 labor force across the country. ...
Khmer Times Staff
https://www.khmertimeskh.com/501297669/number-of-factories-in-cambodia-grows-from-64-in-1997-to-1326-in-2023-says-prime-minister-hun-sen/
Cambodia’s trade turnover over $19.2 bn in Jan-May 2023; 14% YoY drop
Cambodia’s trade turnover with global partners topped $19.2 billion in the first five months this year, a 14 per cent year on year (YoY) decline, government statistics show. ...
Khmer Times Staff
https://www.khmertimeskh.com/501310428/cambodias-trade-turnover-over-19-2-bn-in-jan-may-2023-14-yoy-drop/
Press Release: Outcomes of the 19th Government-Private Sector Forum on November 13, 2023, by Council for the Development of Cambodia
On the morning of Monday, 13 November 2023, at the Peace Palace, the 19th Government-Private Sector Forum was held, presided over by Samdech Moha Bovorthipadi Hun Manet, the Prime Minister of the Kingdom of Cambodia. The forum gathered approximately 1,200 attendees, including His and Her ...
Council for the Development of Cambodia
New GMAC chairman elected to develop textile industry
The Garment Manufacturers Association of Cambodia (GMAC) held its 15th Annual General Meeting on Saturday to announce the results of work done during the last term and elect a new chairman and executive committee members for the 2022-2023 term. ...
Yin Soeum
https://www.khmertimeskh.com/501007947/new-gmac-chairman-elected-to-develop-textile-industry/
Slowing inflation fails to ease cost-of-living burden
Despite forecasts that inflation will fall from 6.2 percent in 2022 to 2.5 percent this year, Cambodians continue to face livelihood difficulties in the first month of 2023 as the cost of goods on the market remains high. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-slowing-inflation-fails-to-ease-cost-of-living-burden
Exports to Vietnam grow to $1.6B in first 7 months
Exports from Cambodia to Vietnam have recorded steady growth, rising 20.6 per cent year-on-year to $1.6 billion in the first seven months of 2023 from $1.3 billion, although trade balance dipped one per cent to $3.8 billion from the year prior. ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-vietnam-grow-16b-first-7-months
Cambodia’s exports $4.6B to RCEP markets in first 7 months
Cambodia has exported goods worth $4.59 billion to member countries of the Regional Comprehensive Economic Partnership (RCEP) in the first seven months of 2023, a 21 percent increase compared to the same period of the previous year, said a statement by the Ministry of Commerce ...
Kang Sothear
https://www.khmertimeskh.com/501346750/cambodias-exports-4-6b-to-rcep-markets-in-first-7-months/
Cambodia-US 8-month trade slips 5%
Exports from Cambodia to the US in the first eight months of 2023 dipped 4.8 per cent to $6.1 billion, compared to the same period in 2022, according to the General Department of Customs and Excise of Cambodia (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-us-8-month-trade-slips-5
Ministry: Arrivals of foreign tourists soar in ‘23
The Ministry of Tourism reported a surge in foreign tourist arrivals in Cambodia for the first eight months of 2023. Over 3.5 million international visitors were recorded, marking a 250.8 per cent increase compared to the same period last year. A significant 84.7 per cent ...
Hin Pisei
https://www.phnompenhpost.com/business/ministry-arrivals-foreign-tourists-soar-23
Australia finance NGOs, 49 major community projects
Australia has pledged A$7.9 million ($5 million) to support 26 Australian NGOs in collaboration with Cambodian counterparts, aiming to initiate 49 community projects across all provinces. Australian deputy ambassador Andreas Zurbrugg announced the commitment during the “Australia-Cambodia NGO Consultation 2023”, which saw participation from over 70 ...
Ry Sochan
https://phnompenhpost.com/national/australia-finance-ngos-49-major-community-projects
Electrical exports spark to $2.1B
Exports of electrical machinery, equipment and related products surpassed $2.1 billion in the first eight months of 2023, marking a near 100 per cent growth from the same period last year, according to the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://phnompenhpost.com/business/electrical-exports-spark-21b