More than two million tourists traversed the country during the New Year weekend
The Ministry of Tourism has reported that that the three days of the Global New Year holiday and weekend from December 31, 2021 to January 2, 2022 brought 2,002,298 domestic tourists out to traverse the country and take in the tourism sites of Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501000354/more-than-two-million-tourists-traversed-the-country-during-the-new-year-weekend/
Ministry of Information finalizing protracted access to information draft law
The Ministry of Information is finalizing the long-overdue draft law on the access to information, known as the “A2I draft law”, as highlighted in its work direction for 2024. The draft law is currently being reviewed by the Ministry of Justice, according to documents viewed ...
Seoung Nimol
https://cambojanews.com/ministry-of-information-finalizing-protracted-access-to-information-draft-law/
Investors from Korea relocate to Cambodia
Korean investors are relocating labour-intensive businesses to countries such as Cambodia after Indonesia raised its minimum wage. A number of Korean investors had closed their Indonesian factories and relocated to other countries in the region because their requests for minimum-wage exemption had been refused, The Jakarta ...
http://www.phnompenhpost.com/2013020761220/Business/investors-from-korea-relocate-to-cambodia.html
Cambodia has great potential for FDI
An assistant to former US president Bill Clinton said Cambodia has many potential areas for foreign direct investment (FDI) from many countries, including the US. Karen Tramontano, founder, along with Clinton, and president of the Global Fairness Initiative and CEO at Blue Star Strategies, met with ...
http://www.phnompenhpost.com/2013010960687/Business/cambodia-has-great-potential-for-fdi.html
GTI price drops on day one
After a five-month IPO process steeped in anticipation, Grand Twins International ended its first day on the Cambodia Securities Exchange (CSX) with results many observers found disappointing. GTI shares opened yesterday’s session at 9,700 riel ($2.41), with a ceremonial bell ringing at the CSX’s head office. ...
Eddie Morton
http://www.phnompenhpost.com/business/gti-price-drops-day-one
Payment in riel grew faster than US dollar through Bakong
The amount of cash paid in riel by account holders through Bakong system has increased 4.1 times in 2022 compared to the previous year, while that paid in US dollar through the same system has risen 3.2 times, and the transactions made through this system ...
Kang Sothear
https://www.khmertimeskh.com/501276160/payment-in-riel-grew-faster-than-us-dollar-through-bakong-2/
Japan to provide $50M for Phnom Penh power project
The Japanese government has agreed to provide eight billion yen (about $50 million) in financing the Phnom Penh City Electricity Transmission and Distribution System Expansion Project. ...
Manoj Mathew
https://www.khmertimeskh.com/501520191/japan-to-provide-50m-for-phnom-penh-power-project/
Young activists take to the streets ahead of the Cambodian elections
Cambodia’s upcoming elections have been dubbed the “Cambodian Spring”, with an unprecedented number of young activists taking to the streets and social media, demanding a change. More than a third of registered voters are aged between 18 and 30, and the Opposition Cambodian National Rescue Party ...
http://www.abc.net.au/news/2013-07-22/an-cambodian-spring-feature/4834450
Tourism figures continue to climb
Foreign tourist arrivals in the Kingdom increased by more than 15 per cent between January and October compared to the same period in 2010, Ministry of Tourism data showed. Officials attributed the arrival of 2.3 million foriegn visitors during the first 10 months of the year ...
http://www.phnompenhpost.com/index.php/2011120653165/Business/tourism-figures-continue-to-climb.html
Forestry revenue rises
The Agriculture Ministry collected more than $2 million in forestry revenue during the first three months of this year. A ministry report issued on April 22, and obtained yesterday, said it collected about $2.3 million in riel and also $69,281 in licensing and export revenue. ...
Khy Sovuthy
https://www.khmertimeskh.com/50601324/ministry-collects-more-than-2-million-in-forestry-revenue/
Cambodia’s tax revenue enjoys rise once again
The General Department of Taxation (GDT) collected over $2 billion in tax revenue last year, up 13.37 per cent from the same period in 2017, according to a statement released by the department on Tuesday. At the December 2018 tax collection revenue meeting, General Department ...
Post Staff
https://www.phnompenhpost.com/business/cambodias-tax-revenue-enjoys-rise-once-again
Insurance continues to grow
Insurance sales have grown by 37 percent in the first half of the year, totaling $56 million, the Insurance Association of Cambodia (IAC) announced in a report Tuesday. The increase, up from $40.9 million for the same period last year, has been driven by a ...
Sok Chan
http://www.khmertimeskh.com/news/28318/insurance-continues-to-grow/
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អ៊ឹម រចនា
http://www.khmer.rfi.fr/NEC-ask-parti-politique-not-to-prompt-racism-religious-conflict
Project to fix capital’s drains kicks into gear
The third phase of a project designed to revamp Phnom Penh’s drainage system, currently inundated by seasonal rains, began yesterday. Four areas of the city spanning a total of 369,445 metres will be witness to the next stage of the project’s implementation, part of an ongoing ...
Sen David
http://www.phnompenhpost.com/national/project-fix-capital%E2%80%99s-drains-kicks-gear
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Illegal logging suspects arrested
Two men were arrested and charged on Sunday with smuggling more than 2,000 kilograms of luxury-grade rosewood from Kampong Thom to Siem Reap town, anti-crime officials said yesterday. Thanh Ti, 21, and Viet Thy Thanh, 19, were caught manning a truck transferring 2,400 kilograms of rosewood ...
Phak Seangly
http://www.phnompenhpost.com/national/illegal-logging-suspects-arrested
Cambodia election will not have influence on tourism
Tourism is one of the major sectors supporting the Cambodian economy. Last year, the country attracted 3.58 million foreign tourists, generating 2.2 billion US dollars in revenues. The Cambodian Minister of Tourism Thong Khon said Tuesday that the July 28 national elections in Cambodia would not ...
http://www.eturbonews.com/36396/cambodia-election-will-not-have-influence-tourism
MISTI, MPTC seal deal on digital security
The Ministry of Industry, Science, Technology and Innovation (MISTI) and the Ministry of Post and Telecommunications (MPTC) Monday signed a Memorandum of Understanding (MoU) on digital security in Phnom Penh. ...
Jigme Palden Pazo
https://www.khmertimeskh.com/501520189/misti-mptc-seal-deal-on-digital-security/
Vietnam increasing Cambodia’s electricity supply by 400MW
Vietnam will increase its electricity supply to Cambodia to 400 megawatts or more to boost the Kingdom’s economy and to help prevent blackouts or power shortages from occurring. ...
Khmer Times Staff
https://www.khmertimeskh.com/501530165/vietnam-increasing-cambodias-electricity-supply-by-400mw/
GMAC head sets clothing export goal
Cambodia is set for a 30 per cent increase in garment exports this year, according to Garment Manufacturers Association in Cambodia (GMAC) president Van Sou Ieng. The sector was heavily dependent on foreign buyers, which were increasing their orders as the global economy recovered, he ...