ADB projects Cambodia to grow at 5.8% in 2024
Rising tourism footfalls and strong manufacturing prospects will drive Cambodia’s economy to grow at the rate of 5.8 percent this year and six percent next year, according to the latest edition of the Asian Development Bank’s (ADB) flagship economic report, released yesterday. ...
Manoj Mathew
https://www.khmertimeskh.com/501471600/adb-projects-cambodia-to-grow-at-5-8-in-2024/
Cambodia’s homestay market projected to grow at 8.22%
The homestay market in Cambodia is projected to surpass $59.3 million in earnings this year and in the next four years, it will surge to $81.34 million. ...
Jigmee Palden Pazo
https://www.khmertimeskh.com/501489136/cambodias-homestay-market-projected-to-grow-at-8-22/
Economy minister urges better infrastructure to prevent congestion at border crossings
The Cambodian government has pushed the implementation of separated border crossings and single window service checkpoints along the Thai and Vietnamese border checkpoints to better facilitate cross-border transportation, according to the Ministry of Economy and Finance. ...
NGO at center of abuse claims reopens with new management
The Our Home center in Phnom Penh’s Meanchey district has reopened under interim management after its director, Hang Vibol, was jailed last month and charged with abusing boys at the organization’s orphanage, which housed more than 50 children but was shuttered and will remain closed. ...
Simon Henderson and Khy Sovuthy
https://www.cambodiadaily.com/news/ngo-at-center-of-abuse-claims-reopens-with-new-management-81794/
Land dispute villagers gather at PM’s office, seek intervention
A group of village families gathered in front of Prime Minister Hun Sen’s office on Monday to petition him to intervene on their behalf in a land dispute. ...
Long Kimmarita
https://www.phnompenhpost.com/national/land-dispute-villagers-gather-pms-office-seek-intervention
Trade with EU valued at $3.8 billion in 2020
Data from the Ministry of Commerce showed that in 2020 Cambodia exported $3.203 billion of goods to the EU and imported $659 million from the trade bloc. ...
Chea Vanyuth
https://www.khmertimeskh.com/50819696/trade-with-eu-valued-at-3-8-billion-in-2020/
Indebted oil company reports lower-than-expected oil at Cambodian block
KrisEnergy has warned that its current production rate at Cambodia’s Apsara offshore oil block has yielded only around half the company’s projected peak rate, and it has extended debt repayment deadlines and brought in an engineering firm to assess the situation amid “material uncertainty ...
Danielle Keeton-Olsen
https://vodenglish.news/indebted-oil-company-reports-lower-than-expected-oil-at-cambodian-block/
At least 17 people arrested for grabbing state land
At least 17 people have been arrested for encroaching on stAte land in Preah Vihear province’s Kulen district. ...
Khmer Times Staff
https://www.khmertimeskh.com/50865370/at-least-17-people-arrested-for-grabbing-state-land/
Economic growth projected at 4.8 percent in 2022: Deputy PM
Cambodia’s economic growth is projected to see robust growth next year because of economic recovery resulting from the government’s Covid-19 vaccination programmme. ...
Chea Vanyuth
https://www.khmertimeskh.com/50918131/economic-growth-projected-at-4-8-percent-in-2022-deputy-pm/
Kingdom to have ‘at least 10’ EV stations by December
Cambodia aims to have “at least 10” operational electric vehicle (EV) charging stations nationwide by end-2022, in the capital and “key provinces”, according to the public works minister on March 22. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-have-least-10-ev-stations-december
Prime Minister Manet discusses economic collaboration at CAEXPO
Prime Minister Hun Manet would have become one of the four heads of government of the Association of Southeast Asian Nations (ASEAN) member states to attend the 20th China-ASEAN Expo (CAEXPO) on Sunday in the southern city of Nanning, Guangxi region of China. ...
Khmer Times Staff
https://www.khmertimeskh.com/501361218/prime-minister-manet-discusses-economic-collaboration-at-caexpo/
Growth pegged at 5.5% for ‘23 recovery stage by World Bank
The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. This projection is in contrast with the Asian Development Bank (ADB), which revised its growth ...
May Kunmakara
https://phnompenhpost.com/business/growth-pegged-55-23-recovery-stage-world-bank
National Strategy for Informal Economic Development to achieve three goals at once
The launch of the National Strategy for Informal Economic Development 2023-2028 will achieve three goals at the same time, i.e. alleviating poverty and social inequality, strengthening social and economic resilience, and boosting economic growth. ...
Khmer Times Staff
https://www.khmertimeskh.com/501374642/national-strategy-for-informal-economic-development-to-achieve-three-goals-at-once/
Growth pegged at 5.5% for ‘23 recovery stage by World Bank
The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. ...
May Kunmakara
https://www.phnompenhpost.com/business/growth-pegged-55-23-recovery-stage-world-bank
At least 10 years to repair one week of Phnom Tamao damage
Hundreds of thousands of dollars will be spent replanting the Phnom Tamao forest that was destroyed over the past week. ...
Keat Soriththeavy
https://vodenglish.news/at-least-10-years-to-repair-one-week-of-phnom-tamao-damage/
Peaceful drills: China-Cambodia military exercises ‘not aimed at confrontation’
China’s Ambassador to Cambodia has categorically stated that military cooperation between his country and Cambodia is not for the purpose of confrontation with any country. The remarks were made by Ambassador Wang Wentian on Wednesday, at a media briefing at the embassy to introduce the ...
Soth Koemsoeun
https://www.khmertimeskh.com/1240197/peaceful-drills-china-cambodia-military-exercises-not-aimed-at-confrontation/
Loan accounts reach 1.54M at end-2022: CBC
The total number of loan accounts reached 1.54 million nationwide in December, rising by 3.45 per cent “from the previous quarter”, according to the latest report from Credit Bureau (Cambodia) Co Ltd (CBC). ...
May Kunmakara
https://www.phnompenhpost.com/business/loan-accounts-reach-154m-end-2022-cbc
ThaiQR accessible at 1.5m Cambodian retailers
Thai tourists visiting Cambodia can now pay for goods easier after a bilateral agreement between the two countries was reached for cross-border QR payments. ...
Yatt Malai
https://kiripost.com/stories/thaiqr-accessible-at-150m-cambodian-retailers
Unlocking the potential of a digital education at MLE schools
When Anlong Kes Primary School received a smart TV last year to help teachers support digital learning in schools with ethnic minority students, the staff weren’t short on ideas on how to use it. Grade 1 teacher Antoey Vibot said she knew her students would ...
Khmer Times Staff
https://www.khmertimeskh.com/501282259/unlocking-the-potential-of-a-digital-education-at-mle-schools/
Seiha urges peace at Beijing forum
Tea Seiha, Deputy Prime Minister and Minister of National Defence, called on all countries involved in current conflicts to employ a culture of dialogue and diplomatic mechanisms to resolve their disagreements, rather than the threat or use of force. ...
Post Staff
https://www.phnompenhpost.com/national/seiha-urges-peace-beijing-forum
