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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

Rubber exports go up 42.1% H1

Cambodia earned $324 million from the exports of natural rubber and rubber articles in the January to June half-year (H1) period of 2023, an increase of 42.1 percent compared to the same period last year, according to the latest trade data of the General Department ...

Manoj Mathew
https://www.khmertimeskh.com/501329610/rubber-exports-go-up-42-1-h1/

Furniture exports decrease by almost 29% on-year to $164M in January-April

Cambodia earned $164.111 million from the export of “furniture, lighting signs, prefabricated buildings” in the first four months of 2023, down 28.82 per cent year-on-year from $230.544 million and down 52.01 per cent half-on-half (compared to July-October 2022) from $341.97 million, according to provisional Customs ...

Hin Pisei
https://www.phnompenhpost.com/business/furniture-exports-decrease-almost-29-year-164m-january-april

Cambodia’s exports to RCEP members up 27 pct in 11 months: report

Cambodia exported $7.21 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) members in the first 11 months of 2023, up 27 percent from 5.67 billion dollars in the same period last year, a Ministry of Commerce report said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501413723/cambodias-exports-to-rcep-members-up-27-pct-in-11-months-report/

Cambodia’s garment, footwear, travel goods exports down 15 pct in 11 months

Cambodia exported $9.9 billion worth of garment, footwear and travel products to international markets in the first 11 months of 2023, down 15 percent from nearly 11.7 billion dollars in the same period last year, said a Ministry of Commerce’s report released on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501413720/cambodias-garment-footwear-travel-goods-exports-down-15-pct-in-11-months/

Cambodia earns $790 million from rubber article exports

Cambodia earned $789.75 million from the exports of rubber and articles made of rubber in the January to November period of 2023, recording an increase of 74.5 percent compared to the same period last year, according to the latest trade data of the General Department ...

Manoj Mathew
https://www.khmertimeskh.com/501416422/cambodia-earns-790-million-from-rubber-article-exports/

NBC policies in line with Pentagonal Strategy

The first plenary session of the new Council of Ministers under the leadership of Prime Minister Hun Manet has approved the Pentagonal Strategy-Phase 1 on August 24, 2023, to unleash a host of economic activities to be implemented to transform Cambodia into a high-income economy ...

Khmer Times Staff
https://www.khmertimeskh.com/501377575/nbc-policies-in-line-with-pentagonal-strategy/

Press​ release​ of​ the​ Club​ of​ Cambodian​ Journalists

On​ 24​ October​ 2023,​ the​ Club​ of​ Cambodia​ Journalists​ issued​ a​ press​ release​ after​ noticing​ that​ a​ number​ of​ journalists​ have​ recently​ been​ detained​ by​ the​ authorities​ in​ connection​ with​ ethical​ and​ professional​ violations​ that​ have​ affected​ the​ promotion​ of​ the​ media​ in​ Cambodia. ...

Club​ of​ Cambodia​ Journalists​

Download: pdf

Ministries unite to fight antimicrobial resistance

An action plan on antimicrobial resistance has been launched by the government to promote human and animal welfare in agriculture.​ The launch of the Multi-Sectoral Action Plan on Antimicrobial Resistance 2019-2023 was held on Monday in Phnom Penh. The strategy is the work of the ministries ...

Pech Sotheary
https://www.khmertimeskh.com/50673496/ministries-unite-to-fight-antimicrobial-resistance

NEC pilot elections on May 23 employ tech to test system’s accuracy

The National Election Committee (NEC) plans to hold a pilot election on May 23 to test the accuracy of registered political parties, candidate and voter lists, and vote counting using information technology. The election is in preparation for the upcoming commune and national elections set ...

Nov Sivutha
https://www.phnompenhpost.com/national-politics/nec-pilot-elections-may-23-employ-tech-test-systems-accuracy

Phnom Penh-Sihanoukville expressway 51% complete

The construction of the nearly $2 billion Phnom Penh-Sihanoukville Expressway is 51.35 per cent complete and is expected to be finished in 2023, according to Ministry of Public Works and Transport secretary of state Vasim Sorya.   ...

Thou Vireak
https://www.phnompenhpost.com/business/phnom-penh-sihanoukville-expressway-51-complete

Gov’t to launch informal economic policy this year

The Royal Government of Cambodia (RGC) is set to prepare and launch the informal economy policy before the end of 2023 to develop and upgrade the informal sector in a management system under the formal economy, said a top official of the Ministry of Economy ...

Kang Sothear
https://www.khmertimeskh.com/501230999/govt-to-launch-informal-economic-policy-this-year/

Cambodia-Oz trade dips 8.5%

Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). Concurrently, imports from Australia ...

Hin Pisei
https://phnompenhpost.com/business/cambodia-oz-trade-dips-85

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