World Bank lowers GDP growth forecast
The World Bank has revised its economic forecast for Cambodia down to 2.2 per cent this year, from a higher expectation of four per cent in April amid a rapid rise in new daily coronavirus infections and deaths, spurred by the more transmissible Delta variant. ...
May Kunmakara
https://www.phnompenhpost.com/business/world-bank-lowers-gdp-growth-forecast
Inflation Falls on Lower Gas, Food Prices
Consumer prices in Phnom Penh grew just 1.8 percent year-on-year in the month of June, the lowest increase in almost two years, as food and gas prices remained stable, according to figures released yesterday by the Ministry of Planning. In its monthly inflation report, the ministry ...
Infrastructure spending rises
Between 2008 and 2012, Cambodia’s spending on public infrastructure amounted to about US$2.5 billion — a sum an opposition politician says is too low and is ineffectively put to use. In his opening remarks at the seventh Cambodia Outlook Conference, Prime Minister Hun Sen said public ...
http://www.phnompenhpost.com/2013022261558/Business/infrastructure-spending-rises.html
Global economy will slow for a third straight year in 2024, World Bank predicts
That is the picture sketched by the World Bank, which forecast Tuesday that the world economy will expand just 2.4% this year. That would be down from 2.6% growth in 2023, 3% in 2022 and a galloping 6.2% in 2021, which reflected the robust recovery ...
Kiripost staff writers
https://kiripost.com/stories/global-economy-will-slow-for-a-third-straight-year-in-2024-world-bank-predicts
Ministry says air quality returning to normal
After issuing a warning over the country’s air quality on Friday, the Ministry of Environment said on Sunday that the PM2.5 concentration levels in the country were returning to normal. PM2.5 refers to atmospheric particulate matter (PM) that has a diameter of less than 2.5 ...
Voun Dara
https://www.phnompenhpost.com/national/ministry-says-air-quality-returning-normal
China’s Hu Visits Cambodia as Asean Leaders Eye Sea Disputes
President Hu Jintao today becomes the first Chinese head of state to visit Cambodia in 12 years, in a trip days before Southeast Asian leaders gather for talks that may touch on territorial disputes in the South China Sea. Hu’s visit, which lasts until April 2, ...
PM Hun Sen says ASEAN optimistic about achieving single market goal
ASEAN is confident that the goal of establishing a single market would not be far, and the bloc will continue to aim for it for the common interest of its people and leaving no one behind. ...
Khmer Times Staff
https://www.khmertimeskh.com/501203706/pm-hun-sen-says-asean-optimistic-about-achieving-single-market-goal/
Data Literacy Training: training opportunity for local journalists working on social accountability
Open Development Cambodia (ODC) is pleased to announce a four-day Data Literacy Training on Social Accountability from 22-23 and 29-30 June 2023. This training is supported by USAID Cambodia through FHI 360.Interested candidates may register at: https://forms.gle/EDDh2mRsZUk4wQks7Deadline of application: 16 June 2023 ...
Open Development Cambodia
China remains the largest export market for Cambodia
The CCFTA, signed in October 2020 and effective since January 2022, was initiated by Cambodian officials with the aim of broadening its trade relations and export markets in China in response to the economic fallout caused by the pandemic, local flooding, and economic pressures and ...
Khmer Times Staff
https://www.khmertimeskh.com/501320543/china-remains-the-largest-export-market-for-cambodia/
Asia-Pacific growth poised to quicken with Chinese economy at faster pace
Developing economies in Asia and the Pacific this year are projected to see better performances than in 2022 as the continued easing of pandemic restrictions boosts consumption, tourism and investment, the Asian Development Bank (ADB) has said, highlighting “China’s reopening is the main factor brightening ...
Khmer Times Staff
https://www.khmertimeskh.com/501322842/asia-pacific-growth-poised-to-quicken-with-chinese-economy-at-faster-pace/
Govt, JICA sign $57.5 million deal to improve NR 5
The Royal Government of Cambodia (RGC) and Japan International Cooperation Agency (JICA) Friday signed a $55 million loan agreement to improve the National Road 5 (NR 5) and a $2.5 million grant agreement to boost the Human Resource Development Scholarship (JDS).203; ...
Nhean Chamrong
https://www.khmertimeskh.com/501526838/govt-jica-sign-57-5-million-deal-to-improve-nr-5/
Border trade Cambodian-Thai trade increases
Bilateral trade between Cambodia and Thailand reached $3.16 billion in the first nine months – an increase of 14.08 per cent year-on-year. Imports to Cambodia were worth $2.65 billion, representing a 19.26 per cent increase in contrast with exports to Thailand that was valued at ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/cambodian-thai-border-trade-increases
The rising global health crisis no one is talking about
Motorcycle fatalities are claiming the lives of a third of people in Asia–but governments don’t seem to notice. In Cambodia, HIV/AIDS-related deaths equate to 2,300 per year, and the government allocates $58 million to combat the disease—but 2,000 deaths are caused by highway fatalities, with ...
Michelle Bergmann
http://www.takepart.com/article/2015/02/09/asia-motorcycle-deaths
Customs collected nearly $600 million in revenue in the first quarter of this year
The General Department of Customs and Excise of Cambodia (ACC) collected 2,428.6 billion Riels, equivalent to $597.6 million or approximately 23.2percent of the plan set by the Financial Law for 2022 management. ...
Khmer Times Staff
https://www.khmertimeskh.com/501059681/customs-collected-nearly-600-million-in-revenue-in-the-first-quarter-of-this-year/
ODC’s third GIS workshop: GIS application in land management and education
In the second GIS workshop, ODC received 21 participants who successfully attended and awarded in the three-day workshop with theme focusing on “data collection and application of GIS”. This time, “GIS application in land management and education” are in the center.Welcoming remark by Mr. Phy ...
Terms and definitions
Defining and measuring forests is not an easy business. Definitions that initially sound very similar can turn out to have crucial differences. Understanding the terms is important for understanding forest use, forest cover, forest laws and policies and deforestation. ...
Cargo shipments at Cambodia's two largest ports see remarkable rise in 11 months
The Sihanoukville Autonomous Port, Cambodia’s largest shipping facility, on Tuesday reported a 12 percent rise in cargo shipments in the first eleven months of 2013. The state-owned sea port had received 2.73 million tonnes of goods during the January-November period this year, up from 2.43 million ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131210/cargo-shipments-at-cambodias-two-largest-ports-see-remarkabl
Cambodia’s aviation sector rapidly growing: report
Capitalising on booming travel from Vietnam and China, the domestic aviation sector has enjoyed 18 per cent passenger growth for the second year running, according to a new report, which describes Cambodia as having one of the fastest-growing markets in Southeast Asia. The report, by the ...
Eddie Morton
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-aviation-sector-rapidly-growing-report
More Cambodian borrowers of MFIs are buying land than selling
The financial standing of Cambodian borrowers has seen improvement over the years in many cases, as per data with the Cambodian Microfinance Association (CMA). ...
Rachel David
https://www.khmertimeskh.com/501523109/more-cambodian-borrowers-of-mfis-are-buying-land-than-selling/
CCC plans to establish EU liaisons
In a move to bolster foreign investment, the Cambodian Chamber of Commerce (CCC) has announced plans to establish additional liaisons abroad, with a particular focus on the European Union. ...
Chea Vanyuth
https://www.khmertimeskh.com/501529677/ccc-plans-to-establish-eu-liaisons/