Cambodia, Indonesia to expedite MoU on rice trading soon
With the trade volume between Cambodia and Indonesia exceeding $1 billion in 2023, the two countries on Thursday agreed to expedite the Memorandum of Understanding (MoU) on rice trade. ...
Mom Kunthear
https://www.khmertimeskh.com/501546079/cambodia-indonesia-to-expedite-mou-on-rice-trading-soon/
Cambodia sees soaring demand for electrical factory machinery
In the first nine months of 2023, Cambodia witnessed a substantial uptick in its imports of electrical machinery, equipment and related products from the international market, totalling more than $1.1 billion. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-sees-soaring-demand-electrical-factory-machinery-0
Open Development Cambodia (ODC) updated an existing dataset on “Registered indigenous communal land”
Open Development Cambodia (ODC) updated an existing dataset on “Registered indigenous communal land” adding 02 new map features in Kratie province. This dataset contains information on the land titles of the indigenous communities registered and issued by the Ministry of Land Management Urban Planing and ...
Cambodia to attract approximately 4 million international tourists this year
Cambodia is expected to attract 4 million international tourists in 2023, including 1million Chinese tourists. ...
Khmer Times Staff
https://www.khmertimeskh.com/501279643/cambodia-to-attract-approximately-4-million-international-tourists-this-year/
Smart Axiata accounts for 1.5 per cent of GDP
Smart Axiata Co Ltd, the Kingdom’s leading mobile telecommunications operator, contributed nearly $374 million to the Cambodian economy last year, accounting for 1.5 per cent of gross domestic product (GDP), its CEO Thomas Hundt said on Wednesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/smart-axiata-accounts-15-cent-gdp
Rubber exports up by 10 percent in Q1
Cambodia’s rubber export has increased 10 percent in the first quarter of this year compared with the same period last year, but the price of the commodity showed a slight decrease, according to a report from Ministry of Agriculture, Forestry and Fisheries. ...
Chea Vannak
https://www.khmertimeskh.com/50714831/rubber-exports-up-by-10-percent-in-q1/
Rocky road for logistics after dull H1
Cambodia Logistics Association (CLA) president Sin Chanthy told The Post on Thursday that despite the current surge in agricultural product exports – especially milled rice – overall activity in the sector saw minimal growth last month compared to March, April and May, with goods shipments ...
Hin Pisei
https://www.phnompenhpost.com/business/rocky-road-logistics-after-dull-h1
UN gives $1 million for migrant-worker support programme
The United Nations is providing $1 million for a joint programme with the government to provide support to returning migrant workers in three provinces. Interior Minister Sar Kheng said yesterday the six-month programme will be carried out in Banteay Meanchey, Battambang and Siem Reap provinces. ...
Khmer Times Staff
https://www.khmertimeskh.com/50744697/un-gives-1-million-for-migrant-worker-support-programme/
CMA members restructure $1.4B in loans
Financial institutions that are members of the Cambodia Microfinance Association (CMA) restructured some $1.397 billion in loans for 289,422 borrowers as of February 28 since the National Bank of Cambodia (NBC) on March 27 issued a circular on loan restructuring during Covid-19, according to CMA. ...
May Kunmakara
https://www.phnompenhpost.com/business/cma-members-restructure-14b-loans
Remittances fall 17% to $1.2B in 2020: NBC data
Cambodia received $1.2 billion in remittances from migrant workers abroad last year, marking a sharp 17 per cent drop from $1.5 billion in 2019, the National Bank of Cambodia reported. ...
May Kunmakara
https://www.phnompenhpost.com/business/remittances-fall-17-12b-2020-nbc-data
1M rapid test kits touch down
The Ministry of Health purchased one million SD Biosensor Covid-19 rapid test kits from South Korea, with its shipment arriving in the Kingdom on Saturday through coordination by the Cambodian embassy there. ...
Long Kimmarita
https://www.phnompenhpost.com/national/1m-rapid-test-kits-touch-down
Volume of agriculture exports up 85% in H1
Cambodia exported 4,454,505.33 tonnes of agricultural products in the first half of this year, surging by 84.64 per cent year-on-year, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon on June 30. ...
Hin Pisei
https://www.phnompenhpost.com/business/volume-agriculture-exports-85-h1
SSEZ handles $1.2B in goods
The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) reached $1.185 billion in the first seven months of 2021, an increase of 44.51 per cent year-on-year, the operator reported. ...
Thou Vireak
https://www.phnompenhpost.com/business/ssez-handles-12b-goods
Customs logs nearly $1.16B in first half 2021
The Ministry of Economy and Finance’s General Department of Customs and Excise of Cambodia (GDCE) collected $1.1595 billion in revenue in the first half of 2021, down 8.9 percent year-on-year. ...
Thou Vireak
https://phnompenhpost.com/business/customs-logs-nearly-116b-first-half-2021
Cambodia launches 1st B2B2C e-commerce platform
Cambodia on Thursday launched the country’s first business-to-business-to-customer (B2B2C) e-commerce platform, aiming to help small and medium-sized enterprises (SMEs) sell their products to potential clients, said Commerce Minister Pan Sorasak. ...
Khmer Times Staff
https://www.khmertimeskh.com/501050763/cambodia-launches-1st-b2b2c-e-commerce-platform/
PPSP revenue grows 153%, net loss narrows 26% in Q1
Public-listed special economic zone (SEZ) developer Phnom Penh SEZ Plc (PPSP) has reported a sharp increase in total revenue and lower net loss in the first quarter of 2022, a filing with Cambodia Securities Exchange (CSX) showed. ...
May Kunmakara
https://www.phnompenhpost.com/business/ppsp-revenue-grows-153-net-loss-narrows-26-q1
Tax collection surges 28 percent to $1,726 million
Cambodia collected $1,726 million in tax income in the January-May period this year, a 27.95% increase as compared to the same period last year, according to an official statement yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501094545/tax-collection-surges-28-percent-to-1726-million/
Construction begins ‘soon’ on 1M sqm Kampong Cham SEZ
An unnamed special economic zone (SEZ) is set to break ground on a one-million square metre plot in Kampong Cham province’s Cheung Prey district “soon”, according to provincial governor Un Chanda. The governor revealed this to the media on January 9 on the sidelines of a ...
May Kunmakara
https://www.phnompenhpost.com/business/construction-begins-soon-1m-sqm-kampong-cham-sez
Number of factories in Kingdom rises in H1
New factories were established in Cambodia in the first half of this year despite a decrease in exports of manufacturing products due to slow demand from main markets. ...
Chea Vanyuth
https://www.khmertimeskh.com/501338601/number-of-factories-in-kingdom-rises-in-h1/
Cambodia exports to South Korea up 22% H1
Cambodia exported $111.35 million worth of merchandise to the Republic of Korea in the first half of this year, a 22 percent increase year-on-year, according to a report by the General Department of Customs and Excise. ...
Chea Vanyuth
https://www.khmertimeskh.com/501119197/cambodia-exports-to-south-korea-up-22-h1/