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National summit on influences of forestry and land regulations on local communities and comprehensive EIA process

Open Development Cambodia (ODC) organized a national summit on “Influences of Forestry and Land Regulations on Local Communities and Comprehensive EIA Process” on 25 May 2023 with a total of 43 (13 females) representatives from the Ministry of Rural Development (MRD), CSOs, EIA firm, journalists, ...

PM forecasts economic contraction of 1.9 percent this year

Prime Minister Hun Sen recently predicted that the country’s economy may contract 1.9 percent this year due to the COVID-19 pandemic. In a circular on budget planning for 2021-2023, he said Cambodia has recorded a strong fall in demand from its trading partners. ...

Khmer Times Staff
https://www.khmertimeskh.com/50733913/pm-forecasts-economic-contraction-of-1-9-percent-this-year/

Inclusion guide to aid 1.7M poor

The much-anticipated Inclusive Business Enabling Environment for Cambodia (IbeeC) strategy will be adopted soon to meet the needs of 1.7 million poor and low-income Cambodians by 2023, a wide-ranging virtual meeting conducted by the Ministry of Industry, Science, Technology and Innovation heard on March 18. ...

Thou Vireak
https://www.phnompenhpost.com/business/inclusion-guide-aid-17m-poor

National Road 10 project construction on track

National Road 10, which will link Battambang to Koh Kong province, is now 43.75 percent complete and scheduled to open for traffic in 2023. This was announced by the Secretary of State of the Ministry of Public Works and Transport Bong Bun Hourn following an ...

Jason Boken
https://www.khmertimeskh.com/50807538/national-road-10-project-construction-on-track/

Communities in long-running land dispute with a sugarcane company in Kampong Speu province asked the Ministry of Land Management to expedite the settlement

Nearly 100 people have land dispute with Ly Yong Phat sugar plantation in Kampong Speu province gather in front of the Ministry of Land Management, Urban Planning and Construction on the morning of January 26, 2023 to request this ministry to expedite the demolition procedure ...

Khut Chariya
https://www.postkhmer.com/national/2023-01-26-1931-246327.html

Cambodia, EU applaud the remarkable evolution of cooperation

Cambodian foreign minister Prak Sokhonn extended congratulations to the departing Ambassador of the European Union (EU) to Cambodia, Carmen Moreno, for her exemplary efforts and success in her diplomatic tenure in the Kingdom. This sentiment was shared during her farewell call on 16 August 2023 ...

Fresh News
https://en.freshnewsasia.com/index.php/en/localnews/39247-2023-08-16-14-44-39.html

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/

SEZs drive $26B exports since 2011

Cambodia has 24 special economic zones (SEZ) operating from 2016 to the end of the first half of 2023, with capital investment of $8.1 billion, mainly in sectors such as garment, footwear and travel products, auto parts, electronics, car tyre manufacturing, automotive and bicycle assembly. ...

May Kunmakara
https://www.phnompenhpost.com/business/sezs-drive-26b-exports-2011

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

Sar Thet advises continuing to tighten traffic law enforcement to eliminate accidents

In the first nine months of this year, the number of traffic accidents has decreased significantly as traffic law enforcement continues to reduce accidents and increase public order while travelling across the country. This is the assertion of the General Commissioner of the National Police, ...

Khmer Times Staff
https://www.khmertimeskh.com/501360492/sar-thet-advises-continuing-to-tighten-traffic-law-enforcement-to-eliminate-accidents/

Cambodia-India trade bucks global downturn, rises 7%

Trade volume between Cambodia and India has grown 6.6 per cent year-on-year to $306.9 million from $287.8 million amid contracted bilateral trade with other nations in the first eight months of 2023. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-india-trade-bucks-global-downturn-rises-7

Cambodia’s export to fellow RCEP members reaches $5.26 billion

Cambodia exported $5.26 billion worth of goods to fellow member countries of the Regional Comprehensive Economic Partnership (RCEP) in the first eight months of 2023, up 22 percent from $4.3 billion the same period last year, according to the latest report by the Ministry of ...

Khmer Times Staff
https://www.khmertimeskh.com/501372630/cambodias-export-to-fellow-rcep-members-reaches-5-26-billion/

Profit down in first nine months of year: PPAP

Phnom Penh Autonomous Port (PPAP), a listed state-owned river quay, reported a decline in revenue for the first nine months of 2023, a decrease attributed to unfavorable global economic conditions, largely exacerbated by the prolonged Russia-Ukraine conflict, which has adversely impacted global demand. ...

May Kunmakara
https://www.phnompenhpost.com/business/profit-down-first-nine-months-year-ppap-2

UN estimates 100,000 trafficked into Cambodian scam operations, officials ask “Where are they?”

At least 100,000 people have been forced to carry out online scams in Cambodia, according to a UN Human Rights report released Tuesday, but Cambodian government officials say they want to see more evidence for the estimate. ...

Seoung Nimol and Leila Goldstein
https://cambojanews.com/un-estimates-100000-trafficked-into-cambodian-scam-operations-officials-ask-where-are-they/

Announcement of NBC on the readiness to take actions to maintain exchange rate stability

On 29 August 2023, the National Bank of Cambodia (NBC) announced its readiness to take necessary action, including intervention in the foreign exchange market and the use of other monetary policy instruments to maintain the value of the riel and maintain the stability of the ...

National​ Bank​ of​ Cambodia

Download: pdf

NSSF access jumps more than 80%

The number of people accessing healthcare services at local health facilities through the National Social Security Fund (NSSF) increased by more than 80 per cent in the first six months of 2023, if compared with the same period last year, officials said. ...

Long Kimmarita
https://www.phnompenhpost.com/national/nssf-access-jumps-more-80

Commercial Court could function ‘as early as 2024’: Justice ministry officials

A Ministry of Justice official said that a Commercial Court could be established and put into action as soon as 2024. Addressing the February 2 “AmCham Business Law Conclave: Critical Updates That You Need to Know for 2023” in Phnom Penh, justice ministry secretary of state ...

Orm Bunthoeurn
https://www.phnompenhpost.com/business/commercial-court-could-function-early-2024-justice-ministry-officials

Cambodia’s rubber exports earn more than $200 million, up nearly 40%

Cambodia earned more than $200 million from the export of rubber and rubber products, an increase of more than 38 percent compared to the same period in 2022, reaching just over $149 million. This is according to the four-months report of 2023 of the General ...

Khmer Times Staff
https://www.khmertimeskh.com/501293951/cambodias-rubber-exports-earn-more-than-200-million-up-nearly-40/

Press release on Cambodia, Japan to augment peacekeeping and mine action cooperation

On 07 March 2023, the Ministry of Foreign Affairs and International Cooperation issued a press release on Cambodia, Japan to augment peacekeeping and mine action cooperation.Both sides expressed satisfaction with the robust bilateral relationship, upgraded to the Comprehensive Strategic Partnership this year. ...

Ministry of Foreign Affairs and International Cooperation

Download: pdf

Exports to Vietnam swell 36% in Jan-Feb

Cambodian goods exports to Vietnam amounted to $491.180 million in the first two months of 2023 – surging by 36.12 per cent over the same time last year – accounting for 45.28 per cent of bilateral trade, jumping up by 7.30 percentage points year-on-year, according ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-vietnam-swell-36-jan-feb

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