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Vietnam starts building new bridge to Cambodia

Construction began Monday on the Tan An Bridge on a key transport route connecting the southern province of An Giang’s Tan Chau Town and Cambodia’s Phnom Penh via the Vinh Xuong International Border Gate.  ...

The Cambodia Herald​ News Staff
http://thecambodiaherald.com/world/vietnam-starts-building-new-bridge-to-cambodia-13245

New group formed to help migrant workers

A group of Cambodians in Thailand have formed an association to provide legal aid to the country’s Cambodian factory workers, saying the workers risk abuse due to their lack of proper documentation and knowledge of labour laws. ...

Mom Kunthear
http://www.phnompenhpost.com/national/new-group-formed-help-migrant-workers

New country director for ADB in Cambodia

The Asia Development Bank‘s Cambodia Resident Mission has appointed Eric Sidgwick as its new country director. Sidgwick aims to focus his efforts on promoting an inclusive and environmentally sustainable growth, said a press release issued by the Asia Development Bank (ADB) yesterday. Sidgwick started working at the ...

http://www.phnompenhpost.com/index.php/2012101159241/Business/new-country-director-for-adb-in-cambodia.html

New Ministry decree aims at tourist safety

A Ministry of Tourism official said they would finalize an inter-ministerial prakas before the end of this year to enhance tourists’ safety, as previous fatal accidents have led to concerns in the tourism sector. Tith Chantha, general director of tourism at the Ministry of Tourism, said task force officials, affiliated with Tourism ...

http://www.phnompenhpost.com/index.php/2012092858981/Business/new-ministry-decree-aims-at-tourist-safety.html

Phnom Penh's new apartments soar on high rents

Real estate developments covered in green tarp have sprung up across the capital’s Boeung Kang Kong commune, and housing units are filling before the projects are finished, insiders said. The value of construction approvals in Phnom Penh jumped by 557.5 per cent in March to US$150.5 ...

http://www.phnompenhpost.com/index.php/2012071957504/Business/phnom-penh-apartments-soar-on-high-rents.html

Int’l trade rises as commerce ministry lays out 2023 plans

Cambodia’s 9.19 per cent on-year rise in foreign trade value to the $52.425 billion logged by Customs for 2022 was driven by “in-depth reforms in all areas”, improvements in export competitiveness, and an increasingly favourable business and investment environment, according to Minister of Commerce Pan ...

Hin Pisei
https://www.phnompenhpost.com/business/intl-trade-rises-commerce-ministry-lays-out-2023-plans

NEC: 2023 voter registration to kick off in October

The registration of voters for the year 2023 will take place from Oct. 1 to 19 at the communes/Sangkat across the country, announced the National Election Committee (NEC) in a meeting with stakeholders held at the NEC’s headquarters in Phnom Penh this morning. ...

Khmer Times Staff
https://www.khmertimeskh.com/501359279/nec-2023-voter-registration-to-kick-off-in-october/

GDT’s tax collection target for 2023 up by $750M

The General Department of Taxation (GDT) has been given a stiff tax collection target of $3.5 billion for next year, $750 million more than the current year’s budget target, said Kong Vibol, Minister attached to the Prime Minister and Delegate of the Royal Government in ...

Manoj Mathew
https://www.khmertimeskh.com/501175487/gdts-tax-collection-target-for-2023-up-by-750m/

Cambodia expects tourism generating $4B in 2023

With the expectation of attracting around 4 million international and 15 million domestic tourists this year, Cambodia expects the tourism sector to generate about $4 billion. ...

Chea Vanyuth
https://www.khmertimeskh.com/501220676/cambodia-expects-tourism-generating-4b-in-2023/

Cambodia Securities Exchange rollout of green bonds set to bloom in 2023

With the growing effects of climate change increasingly a major concern globally, balancing economic activities with environmental considerations has never been more urgent. ...

Post Staff
https://www.phnompenhpost.com/banking-securities-business/cambodia-securities-exchange-rollout-green-bonds-set-bloom-2023

Economy to grow 5.5% in 2023 and 6% by 2024

Cambodia’s economy is forecast to grow at 5.5 percent in 2023 and 6 percent in 2024, due to a stronger tourist rebound and faster growth in the services sector, according to a report by Asian Development Bank (ADB). ...

Mao Sreypich
https://kiripost.com/stories/cambodia-economy-to-grow-55-in-2023-and-6-by-2024

Premium seaplane slated for take-off late-2023 to early-2024

Cambodia’s first premium seaplane service is slated to start operations in late-2023 to early-2024, initially connecting Phnom Penh with locations within a 1.5-hour flying time. ...

Marissa Carruthers
https://kiripost.com/stories/cambodia-premium-seaplane-slated-for-take-off-late-2023-to-early-2024

RGPPSEZ reports strong growth in revenues for 2023

The Royal Group Phnom Penh Special Economic Zone (RGPPSEZ) recorded a total revenue of almost $64 million throughout the 2023 year, marking an increase of 137 percent compared to 2022 annual revenues, says the Cambodia Securities Exchange (CSX). ...

James Whitehead
https://www.khmertimeskh.com/501474093/rgppsez-reports-strong-growth-in-revenues-for-2023/

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/

Debt ratio below most ASEAN states: IMF

Cambodia’s general government gross debt (GGGD) is projected to reach 37.5 per cent of GDP (gross domestic product) in 2023 – up from 36.5 per cent in 2022 – which, although marking the highest rate since 42.7 per cent in 2004, is lower than that ...

May Kunmakara
https://www.phnompenhpost.com/business/debt-ratio-below-most-asean-states-imf

Open Development Cambodia (ODC) updated a dataset on “Allocated land for social land concession”

Open Development Cambodia (ODC) updated a dataset on “Allocated land for social land concession” by added the two new map features in Pursat from the sub-decree no.339​ dated 23rd Nov 2023 and no.332 dated 16th Nov 2023. This dataset shows information about the land concession ...

The open of the first social assistance fund

On 14 August 2023, the National Social Assistance Fund issued the notification on the open of the first social assistance fund for August 2023 to provide veterans, former civil servants, and dependants. Social assistance policy budget for the first two weeks in August 2023 will be ...

National Social Assistance Fund

Download: pdf

Science and technology education and promotion

Cambodia recognizes the important role of science and technology in the 21st century and aims to transform and integrate technology into its human resources through the education sector. Various policies and strategies are implemented to achieve the goal such as Policy guidelines for New Generation ...

Kingdom to spend nearly $60 billion on development until 2023

Cambodia will spend nearly $60 billion under the National Strategic Development Plan 2019-2023 and 75 percent of the funding will come from development partners. ...

Ben Sokhean
https://www.khmertimeskh.com/50658074/kingdom-to-spend-nearly-60-billion-on-development-until-2023/

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