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
Tourism
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 ...
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
Online biz registrations surging
The total capital of 28,618 companies registered in the online business registration system jumped to $8.4 billion as of Aug 27, compared to 20,693 companies with a total capital of $5.8 billion at the start of 2023. ...
Hin Pisei
https://www.phnompenhpost.com/business/online-biz-registrations-surging
Online biz registrations surging
The total capital of 28,618 companies registered in the online business registration system jumped to $8.4 billion as of Aug 27, compared to 20,693 companies with a total capital of $5.8 billion at the start of 2023. ...
Hin Pisei
https://www.phnompenhpost.com/business/online-biz-registrations-surging
Red corn prices climb slightly amidst harvest season in Battambang
Red corn prices in Battambang province during the ongoing 2023 harvest season have shown a slight increase compared to the corresponding period last year. However, weather conditions have marginally impacted the quality of red corn kernels this year. ...
South Korean exports jump 20%
Cambodia netted $164.7 million from exports to South Korea in the first seven months of 2023, an increase of 21.6 per cent compared to $135.5 million in the same period in 2022, according to the General Department of Customs and Excise of Cambodia (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/south-korean-exports-jump-20
PM and his spouse leave Phnom Penh to attend the “United Nations 78th General Assembly
Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, and his spouse Dr. Pech Chanmony, led a high-level delegation of the Royal Government of Cambodia to attend the “United Nations for the 78thGeneral Assembly” in New York, USA from September 21 to 25, 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501364301/pm-and-his-spouse-leave-phnom-penh-to-attend-the-united-nations-78th-general-assembly/
Banking loans rise 11% to $58b from January to June
Up to 238.7 trillion riel or $57.8 billion worth of loans were disbursed by banks and financial institutions in the first half of 2023, the National Bank of Cambodia (NBC) shared in an X post this morning, noting its increase of 10.5 percent year-on-year. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/banking-loans-rise-11-to-58b-from-january-to-june
Rice showcased at German expo
Hopes are high among the Cambodia Rice Federation (CRF) and leading industry players that the country’s fragrant and organic rice could expand its European market presence, following the Anuga Food Trade Fair 2023 in Cologne, Germany. ...
May Kunmakara
https://www.phnompenhpost.com/business/rice-showcased-german-expo