Outcomes of the meeting between His Excellency Deputy Prime Minister PRAK Sokhonn, Minister of Foreign Affairs and International Cooperation, and Ms. Pauline Tamesis, the Resident Coordinator of the United Nations to Cambodia
On 08 April 2022, Ministry of Foreign Affair and International Cooperation has posted a press release on the outcomes of the meeting between His Excellency Deputy Prime Minister PRAK Sokhonn, Minister of Foreign Affairs and International Cooperation, and Ms. Pauline Tamesis, the Resident Coordinator of ...
Ministry of Foreign Affair and International Cooperation
Cambodia-China FTA and RCEP injects new impetus into Cambodia’s agricultural development
Both RCEP and the CCFTA have been in effect since January 2022. “RCEP and the CCFTA are all free trade agreements that mutually open the market in all participating countries, thus giving farmers choices to export their agricultural products to various countries,” he told Xinhua ...
Khmer Times Staff
https://www.khmertimeskh.com/501209437/cambodia-china-fta-and-rcep-injects-new-impetus-into-cambodias-agricultural-development/
Environment activist Ben Davis seeks $50K for canals
As of the end of 2022, environmental activist Ben Davis has dug 19 km of canals and built 7 km of fences and roads in an effort to prevent natural resource crimes from happening in the core areas of the Phnom Tnaot-Phnom Pok wildlife sanctuary ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/environment-activist-ben-davis-seeks-50k-canals
Environment activist Ben Davis seeks $50K for canals
As of the end of 2022, environmental activist Ben Davis has dug 19 km of canals and built 7 km of fences and roads in an effort to prevent natural resource crimes from happening in the core areas of the Phnom Tnaot-Phnom Pok wildlife sanctuary ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/environment-activist-ben-davis-seeks-50k-canals
Cambodia-Japan trade passes $1.9B after Dec rebound
The bilateral merchandise trade volume between Cambodia and Japan totalled $1.948 billion in 2022, rising by 12.33 per cent over a year earlier, with Cambodian exports accounting for a 60.22 per cent share, down by 2.85 percentage points on a yearly basis, according to the ...
Hin Pisei |
https://www.phnompenhpost.com/business/cambodia-japan-trade-passes-19b-after-dec-rebound
Int’l trade rises as commerce ministry lays out 2023 plans
Cambodia’s 9.19 per cent on-year rise in foreign trade value to the $52.425 billion logged by Customs for 2022 was driven by “in-depth reforms in all areas”, improvements in export competitiveness, and an increasingly favourable business and investment environment, according to Minister of Commerce Pan ...
Hin Pisei
https://www.phnompenhpost.com/business/intl-trade-rises-commerce-ministry-lays-out-2023-plans
ADB retains Cambodia’s growth forecast at 5.3 percent in 2022 and 6.2 percent in 2023, down by 0.3 percent
The Asian Development Bank (ADB) maintained its economic growth forecast for Cambodia at 5.3 percent in 2022, but lowered the 2023 forecast to 6.2 percent from the earlier prediction of 6.5 percent due to weaker global growth, according to its updated outlook report released on ...
Khmer Times Staff
https://www.khmertimeskh.com/501155788/adb-retains-cambodias-growth-forecast-at-5-3-percent-in-2022-and-6-2-percent-in-2023-down-by-0-3-percent/
Exports inch up in spite of international trade falling from Jan-Aug
Trade between Cambodia and international partners in the first eight months of 2023 amounted to nearly $32 billion, down 14.5 per cent compared to $37.4 billion in the same period in 2022, although the General Department of Customs and Excise of Cambodia (GDCE) contended that ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-inch-spite-international-trade-falling-jan-aug
Press release on Cambodia, ADB highly appreciated close cooperation partnership
On 13 September 2022, the Ministry of Foreign Affairs and International Cooperation issued a press release on Cambodia, ADB highly appreciated close cooperation partnership.During the courtesy call, H.E. Deputy Prime Minister extended his warm welcome and congratulation to Ms. Jyotsana VARMA for her appointment. ...
Ministry of Foreign Affairs and International Cooperation
South Korean investor body explores local opportunities
Cambodia is looking to drum up interest among Korean investors in the production of goods in the Kingdom for export to their home market, and push bilateral trade beyond current levels – $549.930 million in the first eight months of 2022, up by 6.42 over ...
Hin Pisei
https://www.phnompenhpost.com/business/south-korean-investor-body-explores-local-opportunities
Electric gear, linked exports record shocking 64% jump
Cambodia exported $1.090 billion worth of electrical machinery and equipment and related products in the first eight months of 2022, up 64.18 per cent from the $663.585 million recorded over the same time in 2021, according to Customs. ...
Hin Pisei
https://www.phnompenhpost.com/business/electric-gear-linked-exports-record-shocking-64-jump
Cambodia unveils National Policy Framework for Economic Productivity
Phnom Penh recently announced the implementation of the National Policy Framework for Cambodia’s Economic Productivity 2022-35 to raise the potential of investment and trade and improve national economic productivity, according to Aun Pornmoniroth, minister of economy and finance and chairman of the National Committee for ...
Khmer Times Staff
https://www.khmertimeskh.com/501181261/cambodia-unveils-national-policy-framework-for-economic-productivity/
Jan-Aug Japan trade surges 17%
Bilateral trade between Cambodia and Japan in the first eight months of 2022 rose by more than one-sixth on-year, in a trend expected to carry into the foreseeable future, largely driven by agricultural exports from the Kingdom. Still, the business community is calling for greater ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-aug-japan-trade-surges-17
Over 10,000 police officers to be deployed in Phnom Penh for security and safety during ASEAN Summits
More than 10,000 security forces will be deployed to maintain the security and safety during the 40th and 41st ASEAN Summits and Related Summits on November 8-13, 2022 in Phnom Penh, said Lt. Gen. Chhay Kim Khoeun, Deputy Commissioner General and Spokesperson for the National ...
Khmer Times Staff
https://www.khmertimeskh.com/501175162/over-10000-police-officers-to-be-deployed-for-security-and-safety-during-asean-summits/
Gov’t to intervene informal economy affected by inflation, says PM
The government on Wednesday approved a new mechanism to intervene in the informal economy by providing cash to Cambodian households who run informal businesses that are affected by inflation by November 2022 amid Russia’s ongoing invasion of Ukraine and sanctions, said Prime Minister Hun Sen ...
Kang Sothear
https://www.khmertimeskh.com/501164008/govt-to-intervene-informal-economy-affected-by-inflation-says-pm/
Joint statement on deplorable use of violence and detention of journalists and activists at Phnom Tamao
On 19 August 2022, forty organizations undersigned press freedom, human rights, and civil society groups released a joint statement to condemn the recent violence, arbitrary detention, and intimidation of five journalists and four activists by officers from the prime minister’s bodyguard unit (BHQ) in Phnom ...
Cambodian League for the Promotion and Defense of Human Rights (LICADHO)
Tax revenue passes target amid money laundering cases
The General Department of Taxation (GTD) of the Ministry of Economy and Finance (MEF) has collected more than $2.94 billion of tax revenue for the period of first 10 months this year, which passes the amount set in the budget law 2022 and increases 26.96 ...
Kang Sothear
https://www.khmertimeskh.com/501186161/tax-revenue-passes-target-amid-money-laundering-cases/
Cambodian exports to ASEAN markets rise 13%
The value of Cambodian trade with the nine other ASEAN countries reached $16.053 billion in 2022 – up 1.4 per cent from $15.838 million in 2021 – accounting for a 30.62 per cent share of the Kingdom’s $52.425 billion in total foreign trade for the ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-asean-markets-rise-13
Cambodia’s goods exports to US rise nearly a quarter on-year to $8.2B
Cambodia and the US traded goods worth $8.510 billion in the first 11 months of 2022, marking gains of 21.79 per cent on-year, with Cambodian exports to the world’s largest economy accounting for a 96.56 per cent share, according to the General Department of Customs ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodias-goods-exports-us-rise-nearly-quarter-year-82b