CGCC gave $92m business loans in 2022
CGCC dished out more than $92 million in 985 business loans in 2022, providing a financial lifeline to companies battling against the impact of Covid-19 and global inflation. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-cgcc-gave-92m-business-loans-in-2022
Foreign tourist arrivals generated $1.4 billion in 2022
Cambodia welcomed 2.28 million foreign tourists last year, injecting $1.4 billion to the national economy. The Ministry of Tourism’s report showed that the revenue had an increase of 667 percent compared to 2021. ...
Khmer Times Staff
https://www.khmertimeskh.com/501257327/foreign-tourist-arrivals-generated-1-4-billion-in-2022/
$4m pumped into improving nutrition in schools
The Ministry of Education, Youth and Sport (MoEYS) has pledged to spend $4 million this year to provide food to school children by using community-based agricultural products to promote nutrition and education in areas of high poverty and vulnerability. ...
Chhorn Raksmey
https://kiripost.com/stories/cambodia-4m-pumped-into-improving-nutrition-in-schools
More than 50 hectare forest land in economic concession cleared
More than 50 hectare of forest land in an economic concession planted with pine trees, which was cleared by unknown people for the purpose of fencing in the area to claim ownership, has been inspected by the joint authorities of Mondulkiri province. ...
Khmer Times Staff
https://www.khmertimeskh.com/501258524/more-than-50-hectare-forest-land-in-economic-concession-cleared/
Adult male dolphin found dead from fishing net in Stung Treng
The Ministry of Agriculture, Forestry and Fisheries has reiterated its demands that fishermen stop all fishing activity including the use of nets, hooks and illegal fishing equipment in the dolphin conservation zone in Stung Treng province to ensure the sustainability of the endangered species and ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/adult-male-dolphin-found-dead-fishing-net-stung-treng
Cambodia Securities Exchange rollout of green bonds set to bloom in 2023
With the growing effects of climate change increasingly a major concern globally, balancing economic activities with environmental considerations has never been more urgent. ...
Battambang landfill is officially inaugurated to participate in the development of sanitation
Senior Minister Sun Chanthol, Minister of Public Works and Transport, presided over the handover and official inauguration ceremony of a large landfill in Battambang city of Urban Environment Management in the Tonle Sap Phase 2 Project under the Asian Development Bank (ADB) loan. ...
Khmer Times Staff
https://www.khmertimeskh.com/501259003/battambang-landfill-is-officially-inaugurated-to-participate-in-the-development-of-sanitation/
Economy to grow 5.5% in 2023 and 6% by 2024
Cambodia’s economy is forecast to grow at 5.5 percent in 2023 and 6 percent in 2024, due to a stronger tourist rebound and faster growth in the services sector, according to a report by Asian Development Bank (ADB). ...
Mao Sreypich
https://kiripost.com/stories/cambodia-economy-to-grow-55-in-2023-and-6-by-2024
Cambodia records 1.26 million air passengers in Q1
Cambodia reported 1.26 million air travelers during the first quarter of 2023, up 549 percent from only 195,000 passengers over the same period last year, said the State Secretariat of Civil Aviation’s report released on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501276387/cambodia-records-1-26-million-air-passengers-in-q1/
Cambodia clears 9 investment plans in garment, footwear, travel goods
The Cambodian Investment Board under the Council for the Development of Cambodia (CDC) recently approved investment proposals for 11 more companies, creating 11,000 jobs. The companies will have a total investment of $57.3 million. Nine of these are in the garment, footwear and travel goods ...
Khmer Times Staff
https://www.khmertimeskh.com/501239855/cambodia-clears-9-investment-plans-in-garment-footwear-travel-goods/
Int’l airports welcome 2.48M passengers in H1
The international airports in Phnom Penh, Siem Reap, and Sihanoukville welcomed a combined 2.48 million passengers in the first half of this year, a staggering 270 percent increase over the same period in 2022, a senior official at the State Secretariat of Civil Aviation said. ...
Chea Vanyuth
https://www.khmertimeskh.com/501321302/intl-airports-welcome-2-48m-passengers-in-h1/
Starlink paves way for smart farming in Kingdom
In a move set to revolutionise Cambodian agriculture, entrepreneur Chan Dara has become a pioneer, bringing Starlink’s high-speed internet to the Kingdom. ...
Hong Raksmey
https://www.phnompenhpost.com/national/starlink-paves-way-smart-farming-kingdom
Nearly 70 families in Koas Kralor district protest for Battambang Provincial Authorities to provide legal land titles
About 69 families protest in front of Battambang Provincial Administration to demand the authorities to issue legal land title that has been cleared since 2012 on 254 hectares of land at Phnom Snor, Samrong village, Chhnal Moan commune, Koas Kralor district, Battambang province, on the ...
Central bank's regulations to boost financial resilience in Cambodia
The National Bank of Cambodia (NBC) has announced the enforcement of regulations on capital buffer and on credit risk for capital adequacy ratios (CAR) for banks and deposit-taking microfinance institutions (MFIs). These measures aim to bolster the management of diverse risks, it said. ...
Sok Raksa
https://www.phnompenhpost.com/business/central-banks-regulations-boost-financial-resilience-cambodia
Education Ministry to push STEM in senior high school
The Ministry of Education, Youth and Sport (MoEYS) will promote the development of education in science and technology and focus on science, technology, engineering, and mathematics (STEM) skills in secondary schools. ...
Hang Punreay
https://www.khmertimeskh.com/501332506/education-ministry-to-push-stem-in-senior-high-school/
Lack of Enforcement, ESG Reporting Standards Apparent in Gold Mining Ops
A recent report on gold mining operations in Cambodia has kicked up inadequacies in reporting standards and absence of enforcement, revealing a huge lag in environmental, social and governance (ESG) practices in the industry. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/lack-of-enforcement-esg-reporting-standards-apparent-in-gold-mining-ops
Sihanoukville-HK submarine optical fibre cable to be completed in 2025
The project to build submarine optical fibre cable network between Sihanoukville and Hong Kong will be completed in July 2025, Chinese media reported quoting Unicom Group sources. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501392260/sihanoukville-hk-submarine-optical-fibre-cable-to-be-completed-in-2025/
Cambodia’s export turnover slightly rises in 11 months
Cambodia exported nearly $20.5 billion worth of goods in the first 11 months of 2023, a slight increase of 1.2% year-on-year, according to a report released recently by the General Department of Customs and Excise. ...
https://www.khmertimeskh.com/501407510/cambodias-export-turnover-slightly-rises-in-11-months/
Cambodia’s cost of electricity to industrial users highest in region
Cambodia’s cost of electricity to industrial users remains highest in the region, which in turn is contributing towards the increased cost of doing business, a World Bank study has pointed out. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501415854/cambodias-cost-of-electricity-to-industrial-users-highest-in-region/
BRI-backed economic zone in Cambodia benefits local people’s lives, economy
Located in southwest Cambodia, the Sihanoukville Special Economic Zone (SSEZ), a joint venture between Chinese and Cambodian companies, has not only positively impacted on local people’s lives, but also significantly contributed to the kingdom’s economic growth. ...
Khmer Times Staff
https://www.khmertimeskh.com/501396724/bri-backed-economic-zone-in-cambodia-benefits-local-peoples-lives-economy/