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
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/
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/
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/
Bunong complain of logging at Phnom Preah mountain
The Bunong ethnic community in Mondulkiri province’s Me Pai village, Pou Chrei commune, in Pech Chreada district alleged that an estimated 100ha of protected forest at the foot of the Phnom Preah mountain had been illegally logged with help from local authorities. Sreunh Sinuon, a ...
Khorn Savi
https://www.phnompenhpost.com/national/bunong-complain-logging-phnom-preah-mountain
Cambodia-South Korea trade valued at $661 million in first three quarters
Bilateral trade between Cambodia and the Republic of Korea was valued at $661 million in the first three quarters of this year, a year-on-year decrease of 15 percent. ...
Khmer Times Staff
https://www.khmertimeskh.com/50782674/cambodia-south-korea-trade-valued-at-661-million-in-first-three-quarters/
Cambodia’s trade valued at over $13 billion in first quarter
The total trade volume between Cambodia and its partners reached $13.162 billion in the first quarter of this year, up 9.1 percent compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501059578/cambodias-trade-valued-at-over-13-billion-in-first-quarter/
Kraavan, once the loneliest elephant in the world, lonely no more as he has a splashing time at Cambodian wildlife sanctuary
The 37-year-old elephant Kaavan was seen enjoying his stay at the 25,000-acre Kulen Prum Tep Wildlife Sanctuary in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501085179/kraavan-once-the-loneliest-elephant-in-the-world-lonely-no-as-it-has-a-splashing-time-at-cambodian-wildlife-sanctuary/
Cambodia, US biz leaders set to meet at US-Asean summit
A business delegation, who are members of the Cambodia Chamber of Commerce (CCC), will fly to two cities in the US from May 8 to 15 along with Prime Minister Hun Sen to meet the American businesspeople during the US-Asean Summit in Washington. ...
Kang Sothear
https://www.khmertimeskh.com/501072222/cambodia-us-biz-leaders-set-to-meet-at-us-asean-summit/
Environment ministry scoffs at report by ‘political activists’
A senior environment official rejected a report by the Prey Lang Community Network (PLCN) in Preah Vihear province claiming that it had found 73 forest offences in four days of investigating and monitoring the area in Chey Sen district. ...
Long Kimmarita
https://www.phnompenhpost.com/national/environment-ministry-scoffs-report-political-activists
Five agreements reached at 55th ASEAN Economic Ministers meeting
Five agreements were forged at the 55th ASEAN Economic Ministers Meeting (AEM) in Semarang, Central Java, on Saturday, Trade Minister Zulkifli Hasan said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501345761/five-agreements-reached-at-55th-asean-economic-ministers-meeting/
Naval base project not aimed at any nation, ministry says
The Ream Naval Base’s upgrade project in Cambodia, which is aided by China, is legitimate and doesn’t target any third party, said a spokesman for the Chinese Defense Ministry on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501104960/naval-base-project-not-aimed-at-any-nation-ministry-says/