Furniture Business On The Rise
More people are buying furniture thanks to a growing construction sector and solid economic growth. Cambodia’s economy grew by 6.9 percent in 2011 and is expected to grow by 6.5 percent for the next two years, according to the Ministry of Economy and Finance. Meanwhile, the ...
Exports to be unaffected by debt crisis
As Cambodian exports continue to grow, commerce officials predict sovereign debt crises in the United States and Europe will not threaten the sector. Total exports surged by more than 46 per cent to US$2.677 billion in the first seven months of the year, compared to ...
Angkor Wat bags $44 mil
Cambodia’s famed UNESCO-listed Angkor Archaeological Park made a revenue of $44 million during the first nine months of the year from ticket sales to Angkor Wat. This represents a 2.5 per cent increase compared to the same period last year, according to an official report ...
Chea Vannak
http://www.khmertimeskh.com/news/30293/angkor-wat-bags--44-mil/
Tractor imports decrease, but experts not concerned
Tractor imports fell by 24 per cent last year, a significant decrease from 44,993 units in 2011 to 36,301 units, according to recent statistics from the Ministry of Economy and Finance. Although the cultivation of some crops in the Kingdom has increased, analysts said yesterday ...
Government Allocates More Than $3 Billion in 2013 Budget
The government has allocated more than $3 billion for total government spending in 2013, an increase of 19.2 percent on the $2.6 billion the government planned to spend in 2012, according to a statement issued by the Council of Ministers on Friday. The statement did not ...
Cambodia's unions cry foul on fainting figures
Union reps and government officials are offering significantly different – if both substantial – numbers in their year-end tallies of garment workers who fainted on the job in 2012. The Free Trade Union yesterday announced that the number of workers to faint in factories rose to ...
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លី ម៉េងហួរ
http://www.khmer.rfi.fr/cambodia/20130906-nec-white-book
Half a million Cambodians affected by land grabs: rights group
More than half a million Cambodians have been affected by land conflicts involving the government since 2000, with more than 2,000 families across the country subjected to largely violent land grabs during the first few months of this year, local rights group Licadho said Tuesday. The ...
Joshua Lipes
http://www.rfa.org/english/news/cambodia/land-04012014170055.html
1000 political, NGO observers for upcoming election
The National Election Committee announced on Monday that it recognized 843 representatives from political parties, and 159 election observers for upcoming city, provincial and district council election. A statement issued by the election committee said that the representatives from the five political parties are as follow: — ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=NDg3YjEzYWJhZDM
Cambodia and EU meet next week in Brussels
Ouch Borith, Secretary of State of Ministry of Foreign Affairs and International Cooperation of Cambodia, and Ugo Astuto, director of South and Southeast Asia of the European Union, will co-chair the 8th meeting of Cambodia-EU Joint Committee to strengthen relations and cooperation between Cambodia and ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=ZjJlNTNjMzI1MzZ
Council for the Development of Cambodia approves 211 Japanese investment projects
The Council for the Development of Cambodia (CDC) has approved 211 Japanese investment projects worth about $3.14 billion to invest in Cambodia as of July 2021, according to a CDC’s press release. ...
Hin Pisei
https://www.postkhmer.com/business/2021-09-01-1042-222828.html
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/
Slowing inflation fails to ease cost-of-living burden
Despite forecasts that inflation will fall from 6.2 percent in 2022 to 2.5 percent this year, Cambodians continue to face livelihood difficulties in the first month of 2023 as the cost of goods on the market remains high. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-slowing-inflation-fails-to-ease-cost-of-living-burden
GDT revenues 96% of full-year goal
The General Department of Taxation (GDT) announced that it collected $2.69338 billion in tax revenues in the first nine months, equivalent to 95.53 per cent of the full-year target for 2022. This leaves just three months to reach the prescribed 11.419 trillion riel ($2.820 billion). ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-revenues-96-full-year-goal
Cambodia’s garment, footwear, travel goods export up 20 pct in Q1
Cambodia exported $2,941 million worth of garment, footwear and travel products (GFTs) to international markets in the first quarter of 2024, up 20 percent from 2,449 million dollars over the same period last year, said a report released by the Ministry of Commerce on April ...
Khmer Times Staff
https://www.khmertimeskh.com/501472270/cambodias-garment-footwear-travel-goods-export-up-20-pct-in-q1/
Tepken Vannkorn: What I've learned from WordCamp Asia 2023
WordCamp Asia, which happened in Bangkok from February 17-19, 2023, was the first flagship WordCamp in Asia. So far, there have been three types of flagship WordCamp: US, Europe, and Centroamérica. As a member of the Cambodia ICT and Digital Forum (CamIDF), I attended this ...
ODC kicks off data literacy training program
Open Development Cambodia (ODC) kicks off its Data Literacy Training Program, the first training lasts for five days held in Phnom Penh, from 21-25 October, 2019.With financial assistance from USAID’s Cambodian Civil Society Strengthening (CCSS) project, ODC is implementing Data Literacy Program which consists of ...
Cambodia’s Economic Growth Will Help Poverty Reduction
Cambodia economic growth was 7.3 percent in 2012. Agriculture grew by 4.3 percent, crops by 4.9 percent, fisheries by 6.7 percent, industry by 9.2 percent, garment [sector] by 6.9 percent and the service industry by 8.1 percent, said Dr Hang Chuon Naron, Secretary of State ...
Better Recovery for Construction and Real Estate Sector
2012 has been an impressive year for Cambodia’s economic resilience. Among the many sectors that had positively grown are the construction and property development [sic] and they are expected to be among the highest growth achievers in the current year as well. In 2012, the ...
Land prices in Phnom Penh increase by 15 per cent in first quarter
The more Cambodia’s economy grows and the more investors come into Cambodia has had some positive and negative effects, and one of those effects is to push up land prices in Phnom Penh for the first quarter in 2013, an increase of 15 per cent. Sorn ...
http://www.phnompenhpost.com/real-estate/land-prices-phnom-penh-increase-15-cent-first-quarter