IMF says Cambodia’s inflation to be stable at 2.3 percent in 2024
Cambodia’s inflation will remain stable this year at 2.3 percent, marginally up from 2.1 percent for 2023, generally in line with other parts of Asia and the Pacific, said the IMF Regional Economic Outlook April 2024. ...
Manoj Mathew
https://www.khmertimeskh.com/501483848/imf-says-cambodias-inflation-to-be-stable-at-2-3-percent-in-2024/
Joint press release: CCHR, ADHOC and Solidarity Center published the 2023 annual report of the Cambodia fundamental freedoms monitor
On 24 April 2024, the Cambodian Center for Human Rights (CCHR), the Cambodian Human Rights and Development Association (ADHOC) and the Solidarity Center released the 2023 annual report on the monitoring of fundamental freedoms in Cambodia, which was produced by the Fundamental Freedom Monitoring Project ...
One million tons rice export target set for next five years
The Kingdom of Cambodia, which is striving to promote the country as a “rice basket” and a major rice exporter, is aiming to ship at least one million tons of rice per year – 2023 onwards – and earn revenue of around $800 million annually ...
Prakash Jha
https://www.khmertimeskh.com/501192888/one-million-tons-rice-export-target-set-for-next-five-years/
Japan gov’t grants $1.43 million in aid for social projects
Japan on Thursday provided a $1.43 million grant to three organisations working to clear cluster bombs, improve food security and promote sustainable agricultural conditions for poverty reduction in Cambodia. The grant was signed by Japanese Ambassador to Cambodia Masahiro Mikami and representatives of the three recipients ...
Voun Dara
https://www.phnompenhpost.com/national/japan-govt-grants-143-million-aid-social-projects
Senate posed to sign off on 1,000 mW power project
The Senate will convene today for an extraordinary session to discuss the approval of three new power plants which will cumulatively generate nearly 1,000 mW. ...
Chea Vannak
https://www.khmertimeskh.com/50708399/senate-posed-to-sign-off-on-1000-mw-power-project/
CSX index up 7.25 per cent, $1.25 million in shares traded
Following a bruising first quarter, the Cambodia Securities Exchange (CSX) index has picked up over the last few days after Acleda Bank Plc’s (ABC’s) initial public offering (IPO). At Thursday’s close, the index ended 7.25 per cent higher at 793.59 points. Trading volume reached 280,791 ...
May Kunmakara
https://www.phnompenhpost.com/business/csx-index-725-cent-125-million-shares-traded
Market Capitalisation fell by 22 percent in Q1 2020
The Capital Market saw a 22 per cent drop capitalisation in the first quarter of the year, bringing the market capitalisation to around $544million, compared with the fourth quarter of 2019. From January to March in 2020, the Phnom Penh Special Economic Zone (PPSP)’s share ...
Sok Chan
https://www.khmertimeskh.com/50726057/market-capitalisation-fell-by-22-percent-in-q1-2020/
1,200 jobs to be created by shoe factory in Kandal province
L.Y. Footwear (Cambodia) Co., Ltd. has been given the green light to invest in the manufacturing of all forms of footwear, according to a press release of the Council for the Development of Cambodia (CDC). ...
Khmer Times Staff
https://www.khmertimeskh.com/50718289/1200-jobs-to-be-created-by-shoe-factory-in-kandal-province/
Phnom Penh construction investment hits $1.3 billion
Construction investment projects in Phnom Penh were recorded at more than $1.3 billion from January to May, officials said yesterday. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50734807/phnom-penh-construction-investment-hits-1-3-billion/
Cambodia’s rubber export up 18 percent in H1
Cambodia exported 123,151 tons of dry rubber in the first half of 2020, up 18 percent compared to the same period last year, said a General Directorate of Rubber report on Monday. ...
Xinhua
https://www.khmertimeskh.com/50746839/cambodias-rubber-export-up-18-percent-in-h1/
Cambodian exports to US soar 17% in Q1
The Kingdom’s total goods exports to the US, the world’s largest economy in nominal terms, sharply increased in the first quarter of the year to attain nearly $1.863 billion, even amid production stoppages and other Covid woes. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodian-exports-us-soar-17-q1
Trade with Vietnam jumps 22% in Q1 to record $3.9B
Cambodia-Vietnam trade sharply increased by 22 per cent in the first quarter of 2021 on a yearly basis, reaching a record high of $3.892 billion, despite tightened border controls over fears of spreading the Covid-19 pandemic, according to the Vietnamese embassy in Phnom Penh. ...
May Kunmakara
https://www.phnompenhpost.com/business/trade-vietnam-jumps-22-q1-record-39b
Customs rakes in $1.52B in 8 months
Cambodia generated $1.520 billion in customs revenue in the first eight months of this year, equivalent to 64.2 per cent of the target set by the Law on Financial Management for 2021, despite the ongoing Covid-19 crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/customs-rakes-152b-8-months
Swiss agency provides $1 million to promote tourism in Cambodia
The Tourism Development Planning Department announced yesterday that Swiss Agency for Development and Cooperation, through the Enterprise Development Program of United Nation (UNIDO), has provided approximately $1 million for the implementation of Agri-food production and tourism programmes in Cambodia. ...
Sen David
https://www.khmertimeskh.com/50961979/swiss-agency-provides-1-million-to-promote-tourism-in-cambodia/
Cambodia rakes in more than $1.7 billion from aquaculture and freshwater fisheries sector in 2021
Cambodia saw more than $1.7 billion in profits in the past year from the aquaculture and freshwater fishery industry, with more than 380,000 tons of yield from the freshwater fisheries. ...
Khmer Times Staff
https://www.khmertimeskh.com/501012780/cambodia-rakes-in-more-than-1-7-billion-from-aquaculture-and-freshwater-fisheries-sector-in-2021/
Cambodia-Korea bilateral trade jumps 22.8 percent in Q1
The bilateral free trade between Cambodia and South Korea surged 22.8 percent to $234.4 million in the first three months of this year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501060027/cambodia-korea-bilateral-trade-jumps-22-8-percent-in-q1/
Effective jab drive boosts Cambodia’s Q1 int’l trade
The first quarter of 2022 clocked over $13 billion in international trade, nine per cent more than last year, with exports jumping 25.7 per cent year-on-year. ...
Hin Pisei
https://www.phnompenhpost.com/business/effective-jab-drive-boosts-cambodias-q1-intl-trade
Construction begins on $1.5B Kampot seaport
The International Multi-Purpose Logistics and Port Centre, principally invested by Kampot Logistics and Port Co Ltd and projected to cost $1.5 billion, has officially broken ground in Bokor town, Kampot province. ...
Nov Sivutha
https://www.phnompenhpost.com/business/construction-begins-15b-kampot-seaport
Cambodian authorities deport over 1,000 foreign nationals
In the first six months of this year, Cambodian authorities deported more than 1,000 foreign nationals living illegally in Cambodia. The deportations were made to ensure the safety of citizens and prevent cross-border crimes. ...
Hang Punreay
https://www.khmertimeskh.com/501344960/cambodian-authorities-deport-over-1000-foreign-nationals/
$1.5M Koh Kong wharf slated for end-2022 inauguration
An under-construction $1.5 million medium-sized multi-purpose sea wharf in Koh Kong province is on course to be inaugurated at the end of 2022, to boost tourism and goods trade with neighbouring countries, the public works ministry reported. ...
Hom Phanet
https://www.phnompenhpost.com/business/15m-koh-kong-wharf-slated-end-2022-inauguration