SSEZ handles $994M in goods
The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) neared the $1 billion mark in the first half of this year, despite a spiralling third wave of coronavirus infections, dubbed the “February 20 community event”. ...
Hin Pisei
https://www.phnompenhpost.com/business/ssez-handles-994m-goods
Hun Sen urges boosters amid risks of new variants
Prime Minister Hun Sen reminded the public of the importance of employing preventative measures against the Covid-19 virus. A new variant, XBB.1.5, was recently identified, although no cases have yet been detected in the Kingdom. ...
Neang Sokunthea
https://www.phnompenhpost.com/national/hun-sen-urges-boosters-amid-risks-new-variants
Cambodia’s insurance industry sees slight growth in first 5 months of 2024
An Insurance Regulator of Cambodia (IRC) report showed on Monday that Cambodia’s insurance industry recorded a gross premium of $150 million in the first five months of 2024, up 1.2 percent from $148.1 million over the same period in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501511655/cambodias-insurance-industry-sees-slight-growth-in-first-5-months-of-2024/
Cambodia's international trade continues positive growth
Cambodia’s bilateral trade with partner countries in the first nine months of 2024 reached nearly $41 billion, marking a year-on-year increase of over 16%, with a trade deficit of over $1 billion. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-s-international-trade-continues-positive-growth
Cambodia earns nearly $36M from Angkor, Koh Ker, and Chong Khneas ticket sales in first 10 months of 2024
Cambodia generated nearly $36 million from ticket sales to the Angkor Archaeological Park, Koh Ker, and Chong Khneas Tourism Port in the first ten months of 2024, according to a press release issued by Angkor Enterprise on November 1, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501585244/cambodia-earns-nearly-36m-from-angkor-koh-ker-and-chong-khneas-ticket-sales-in-first-10-months-of-2024/
New fees, political crisis mean fewer businesses
The number of new businesses registering in Cambodia continued to plummet through the third quarter of this year amid tightened rules for start-ups and waning investor confidence following the still-unresolved national elections. Data from the Ministry of Commerce yesterday showed that 853 new businesses registered with ...
May Kunmakara
http://www.phnompenhpost.com/business/new-fees-political-crisis-mean-fewer-businesses
MEF bullish on medium-term growth amid diversification
The Cambodian economy is demonstrating signs of a recovery in terms of gross domestic product (GDP) growth in 2024 and the following periods, according to new statistics released by the Ministry of Economy and Finance’s (MEF) General Department of Policy which have predicted the country’s ...
James Whitehead
https://www.khmertimeskh.com/501520198/mef-bullish-on-medium-term-growth-amid-diversification/
Russian Boulevard land prices rising
The west end of Street 110, also known as Russian Boulevard, is attracting increasing interest from investors and retailers because of its vital role connecting Phnom Penh International Airport with the city centre. Local real estate experts estimate that land prices along the thoroughfare have risen ...
Post Staff
http://www.phnompenhpost.com/real-estate/russian-boulevard-land-prices-rising
Increased residential, office and retail demand fueling rise in construction imports
Cambodia spent more than $414 million on imported construction materials to meet increasing demand in the local construction and property sectors last year – a rise of 7 per cent compared to 2012. According to officials and industry insiders, the increased value of imports reflected steady ...
Resettlement Plans Begin for Families Affected by Sesan Dam
Thousand of families that stand to be evicted when construction work on the Lower Sesan 2 Dam begins in 2014 will each receive a 1-hectare plot of land for a home as well as a 5 additional hectares for growing crops, provincial officials said yesterday. Provincial ...
Manufacturing to diversify
While Cambodia seeks to diversify its manufacturing sector and encourage higher-value-added activities, experts say it must be supported by the right mix of government policies. The Asia Development Bank (ADB) says that the sharp increase of foreign direct investment (FDI) from $900 million in 2011 to ...
http://www.phnompenhpost.com/2013022561577/Business/manufacturing-to-diversify.html
Cambodia To Become Lower-Middle-Income Nation By End of 2013: PM
Cambodian Prime Minister Hun Sen said Monday that the country would move from the status of a low-income to a lower-middle-income nation by the end of this year. “We acknowledge that we are in the status of a low-income country with GDP per capita of less ...
Cambodia's consumer prices decline
Consumer prices decreased month-on-month in May for the first time since statistics were available, Cambodia’s National Institute of Statistics (NIS) data showed. The 1.1 per cent drop, driven largely by lower food and gasoline prices, would be a relief to businesses and shoppers after a period ...
http://www.phnompenhpost.com/index.php/2012062556991/Business/consumer-prices-decline.html
Cambodia to stop HIV by 2020
During a presentation at the 2013 International AIDS Society Conference on HIV Pathogenesis, Treatment and Prevention in Kuala Lumpur, Malaysia, Cambodia showed its new initiative called “Cambodia 3.0” which aims to eliminate new infections of HIV by 2020. Cambodia had one of the fastest growing HIV ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=N2U3NjkyZDJiYTM
Polls scaring off new business: ministry
The number of new businesses registering in Cambodia slid 20 per cent in the first half of this year compared with the same time in 2012 as investors fret over putting money into the economy during a potentially instable election year, a senior official said. Data ...
http://www.phnompenhpost.com/business/polls-scaring-new-business-ministry
Small rise in Kingdom’s February inflation
Cambodia saw a 1.7 per cent rise in inflation in February compared with the same month the previous year. Prices of food and fuel rose, according to official data from the National Institute of Statistics (NIS). “The increase for all index group of a 1.7 per ...
http://www.phnompenhpost.com/2013042365161/Business/small-rise-in-kingdom-s-february-inflation.html
Cambodia exports to Thailand rise as nations improve economic ties
Cambodia’s total exports to Thailand sharply increased in the first quarter of the year, according to official data from Ministry of Commerce received by the Post last week. Officials said the rise is the result of efforts by both countries to improve trade facilitation and economic ...
Court charges four Pailin villagers for violating state property
Pailin Provincial Court on Wednesday charged four villagers with infringing on public property because they cultivated 684 hectares of land that the court says belongs to the state, but which villagers claim to have farmed legally since 1999, a rights worker said. The villagers were arrested ...
Family of Dave Walker says evidence points to murder
Friends and family of Canadian journalist Dave Walker, whose badly decomposed body was found on May 1 in Siem Reap province, have issued new statements accusing the Cambodian and Canadian governments of being complicit in what they say was his murder. According to a statement posted ...
Lauren Crothers
http://www.cambodiadaily.com/news/family-of-dave-walker-says-evidence-points-to-murder-58443/
Aiming to boost revenue, farmers turn to pepper
Farmers in Cambodia’s pepper-growing provinces are increasingly turning to produce the profitable crop as the price of rubber on the world market has declined over the past six months, with land used for pepper cultivation doubling in some areas, according to growers. In Dar commune in ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/aiming-to-boost-revenue-farmers-turn-to-pepper-65823/