MoU provides MSMEs with easier access to finance
Cambodia Chamber of Commerce (CCC) and Credit Guarantee Corporation of Cambodia (CGCC) has signed an agreement to increase access to guaranteed loans for the growth of micro-, small-, and medium-enterprises (MSMEs) in Cambodia. ...
287,454 international tourists visit world famous Angkor Archaeological Park in Cambodia in 2022
Cambodia’s famed Angkor Archaeological Park attracted 287,454 foreign tourists in 2022, earning $11.5 million from ticket sales, the state-owned Angkor Enterprise said in a statement on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501214463/287454-international-tourists-visit-world-famous-angkor-archaeological-park-in-cambodia-in-2022/
PM breaks ground on $117M nat’l road project in K Cham
Prime Minister Hun Sen on January 9 presided over a groundbreaking ceremony for a 45.5km stretch of National Road 7 being upgraded and widened from two lanes to four. ...
Neang Sokunthea
https://www.phnompenhpost.com/national/pm-breaks-ground-117m-natl-road-project-k-cham
CSX breaks another record-high trading value in 2022
The Cambodia Securities Exchange broke another record-high trading value for two consecutive years in 2022, as it received seven listings, an increase by 2.5 times over 2021. ...
Khmer Times Staff
https://www.khmertimeskh.com/501221450/csx-breaks-another-record-high-trading-value-in-2022/
Disadvantaged youth to benefit from government’s initiative
The government has announced a new project to provide free technical and vocational training to about 1.5 million poor students a year. ...
Torn Vibol
https://www.khmertimeskh.com/501224581/disadvantaged-youth-to-benefit-from-governments-initiative/
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
IMF reviews Cambodia’s economy
Cambodia’s economic growth is predicted to expand by 5.3 percent in 2023 and six percent in 2024, according to the International Monetary Fund (IMF) after concluding a mission in the country. ...
Meas Molika
https://kiripost.com/stories/imf-reviews-cambodia-economy
Cambodia’s economy projected at 6.6 pct in 2024: PM
Cambodia is expected to see a 6.6-percent rise in its economy in 2024 from 5.6 percent in 2023, the country’s Prime Minister Hun Manet said here on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501466941/cambodias-economy-projected-at-6-6-pct-in-2024-pm/
Fronts of Cambodia, Laos, Vietnam reinforce cooperation
The Presidents of the Solidarity Front for the Development of Cambodian Motherland (SFDCM), the Lao Front for National Construction (LFNC), and the Vietnam Fatherland Front (VFF) gathered at their 5th conference in Vientiane on April 9. ...
Khmer Times Staff
https://www.khmertimeskh.com/501470539/fronts-of-cambodia-laos-vietnam-reinforce-cooperation/
More participatory five-year disaster risk reduction action plan endorsed
In a plenary session on July 5, the Council of Ministers reviewed and endorsed the National Action Plan for Disaster Risk Reduction (NAP-DRR) with more participatory preparedness, well mainstreamed with new technology. ...
Khmer Times Staff
https://www.khmertimeskh.com/501518380/more-participatory-five-year-disaster-risk-reduction-action-plan-endorsed/
Inflation dips in November
The Kingdom’s inflation rate fell month-on-month in November for the first time all year, dropping 0.7 per cent from October, according to National Institute of Statistics data. However, year-on-year inflation in November increased 5.7 per cent, the NIS reported. “We see that we got a bigger supply ...
http://www.phnompenhpost.com/index.php/2011122653610/Business/inflation-dips-in-november.html
Vietnamese military bank to open doors today
Vietnam’s Military Commercial Joint-Stock Bank (MB Bank) will open its doors in Phnom Penh today, becoming the fourth Vietnamese bank to set up operations here and bringing the total number of commercial banks in Cambodia to 31. Nguon Sokha, general director of the National Bank of ...
World Bank expects strong growth in 2012
The World Bank yesterday predicted gross domestic product to grow 6.5 percent this year, though it said that economic conditions could sour if the economies of Cambodia’s largest export markets in the US and Europe deteriorate. In an economic report outlining prospects for all of the ...
Firms, gov't discuss $50m banana farm plan
Plans for a 5,000-hectare banana farming project in Koh Kong province, proposed last year by an Australian and a Japanese company, look set to go ahead, with state news agency Agence Kampuchea Presse (AKP) yesterday reporting that the project would cost $50 million. Last Friday, the ...
Hundreds Protest Against Land Clearing by Pheapimex Co
About 300 villagers in Pursat province’s Krakor district yesterday protested to stop the powerful Pheapimex Company from clearing their farmland after armed military police arrived in the area to guard the firm’s government-awarded land concession, villagers said. The company used two excavators and nine bulldozers to ...
Kingdom exports to Japan regain double-digit growth
The Kingdom’s exports to Japan rebounded in the first half of the year, jumping from single-digit growth last year to 19 per cent, new figures from the Japanese External Trade Organization (Jetro) showed. During the first half of last year, Cambodian exports to Japan grew ...
Hor Kimsay
https://www.phnompenhpost.com/business/kingdom-exports-japan-regain-double-digit-growth
Royalties concern forest activists
The Ministry of Agriculture, Forestry and Fisheries said in the first three quarters of this year, Cambodia earned $5.7 million in royalties from forest produce – an increase of nearly $2 million compared to the same period last year when it earned $4 million. The ...
Long Kimmarita
https://www.phnompenhpost.com/national/royalties-concern-forest-activists
Officials probe border land dispute
Cambodian and Thai joint authorities on Monday reviewed a disputed area where the Thais removed cassava trees of two Cambodian farmers in Banteay Meanchey province’s Svay Chek district last week. The Cambodian side was represented by Major General Chhun Mao, deputy commander of the Royal ...
Khy Sovuthy
https://www.khmertimeskh.com/50579694/officials-probe-border-land-dispute/
Cambodian army backs business group in land dispute, defying government order
Cambodia’s military is backing a powerful company in its seizure of land in Preah Vihear province, guarding bulldozers sent to destroy villagers’ crops and defying government orders not to get involved in land disputes, Cambodian sources say. Speaking to RFA’s Khmer Service on Wednesday, one village ...
Richard Finney
https://www.rfa.org/english/news/cambodia/army-03062019164901.html
Mobile money transfer heats up
True Money, a new entrant to Cambodia’s growing mobile money-transfer market, said yesterday it will start operations across the Kingdom from January 1, with the first phase focusing only on local transfers, according to a company official.The money-transfer service, which comes under the Thailand-based Charoen ...
Kun Kourchettana
http://www.phnompenhpost.com/business/mobile-money-transfer-heats