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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/

Outcome of the meeting on 27 December 2021 to resolve labor disputes at Naga World Limited

On 27 December 2021, the Ministry of Labor and Vocational Training issued a press release on the outcome of the meeting on 27 December 2021 to resolve labor disputes at Naga World Limited.The Ministry continues to call on former workers as well as employers to ...

Ministry of Labor and Vocational Training

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Social accountability page was presented at civic tech meetup

On 25 November, the Open Development Cambodia (ODC) team conducted a presentation at the seventh Civic Tech Meetup in Kampong Chhnang city, Kampong Chhnang province. The series of meetups were challenged by Covid-19, but have recently resumed limited in-person meetings. During this all-day hybrid virtual ...

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

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

Cambodia’s local trade finance market estimated at $1.6B

The Kingdom’s local trade finance market currently stands at $1.6 billion and improving access to affordable trade finance could increase imports and exports by up to nine percent, according to the latest study conducted by the International Finance Corporation (IFC). ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501412155/cambodias-local-trade-finance-market-estimated-at-1-6b/

Authorities Nab NPP President Sun Chanthy at Phnom Penh Airport upon his return from Japan

On Thursday morning, Phnom Penh authorities arrested Sun Chanthy, leader of the Nation Power Party (NPP), at the Phnom Penh International Airport just as he arrived from Japan. The arrest was witnessed by his party members. ...

Va Sopheanut
https://cambojanews.com/authorities-nab-npp-president-sun-chanthy-at-phnom-penh-airport-upon-his-return-from-japan/

FTC to drive activities at PAS to 90%

The soon-to-be-built Funan Techo Canal (FTC), a public-private partnership project, will push shipment activities of the state-owned Sihanoukville Autonomous Port (PAS) up to 90 percent, a report by the Council for Development of Cambodia (CDC) showed. ...

Chea Vannak Chea Vanyuth
https://www.khmertimeskh.com/501483296/ftc-to-drive-activities-at-pas-to-90/

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