Cambodia’s international trade recorded at almost $32 billion in first eight months
The total trade volume between Cambodia and its partners around the world reached almost $32 billion in the first eight months of 2023, down 14.5 percent compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501359286/cambodias-international-trade-recorded-at-almost-32-billion-in-first-eight-months/
GDT hopes to collect over 107% projected tax revenue for 2023
Tax revenue in 2023 is expected to achieve 107.5 per cent of the 2023 Law on Financial Management, though the projection is lower than the collection achievement last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-hopes-collect-over-107-projected-tax-revenue-2023
JETRO visit raises Japanese investment hopes
The Council for the Development of Cambodia (CDC) says it has greenlit a total of 148 Japanese investment project proposals planned outside of the Kingdom’s special economic zones (SEZ) as of July 31 worth about $2.85 billion since its establishment on August 5, 1994. ...
Hom Phanet
https://www.phnompenhpost.com/business/jetro-visit-raises-japanese-investment-hopes
Cambodia’s urban population to reach 7.92M by 2030
Cambodia’s urban population will rise to 7.92 million by 2030, accounting for 44 percent of the total population from 6.13 million or 39.5 percent in 2019, said Pen Sophal, secretary of state at the Ministry of Land Management, Urban Planning, and Construction, recently. ...
Sok Sithika
https://www.khmertimeskh.com/501133955/cambodias-urban-population-to-reach-7-92m-by-2030/
Cambodia’s export to Japan reached almost $2B last year
Cambodia exported $1,939 million worth of products to Japan last year, a year-on-year increase of 10.5 percent, the Japan External Trade Organization (JETRO) report said on Monday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501233908/cambodias-export-to-japan-reached-almost-2b-last-year/
General Department of Customs and Excise earns more than $564 million in Q1
The General Department of Customs and Excise (GDCE) has collected $564.1 million as custom income in the first three months of this year, a decline of 5.2 percent compared to the same period of 2022. ...
Khmer Times Staff
https://www.khmertimeskh.com/501273118/general-department-of-customs-and-excise-earns-more-than-564-million-in-q1/
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/
Cambodia-China trade enjoys robust growth in first eight months of 2024
Cambodia’s trade with China enjoyed robust growth of 24.5% in the first eight months of this year, said an official report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501556881/cambodia-china-trade-enjoys-robust-growth-in-first-eight-months-of-2024/
SMEs policy and regulation
The Covid-19 pandemic has caused a major economic shock in Cambodia, having a spillover on Cambodian micro, small and medium enterprises (MSMEs) and small household farmers’ survival and business continuity.1 Digital technologies are crucial during the pandemic, in which the owners of SMEs should focus ...
Fish farming and aquaculture
Fish farmers operating cage culture, Cambodia. Photo by O. Joffre/WorldFish, taken on 3 October 2009. Licensed under CC BY-NC-ND 2.0.Aquaculture production has grown significantly. In 2012 it stood at 74,000 tonnes, or almost 11 percent of total fishery production. By 2016 it had grown to ...