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Gov’t revenue $4.9B, spending $6.3B

The government’s national revenue collection in the first 10 months of 2023 reached nearly $4.9 billion, equating to almost 78% of the target set by the 2023 Law on Financial Management, while total expenditures stood at over $6.3 billion, as reported by the Ministry of ...

https://www.phnompenhpost.com/business/gov-t-revenue-4-9b-spending-6-3b

Construction date yet to be set for $1.3B coal-fired station

A nearly $1.3 billion coal-fired power station project in Preah Sihanouk province is still in the research and development stage with a construction date still not set, a Ministry of Mines and Energy spokesman told The Post. ...

Hin Pisei
https://www.phnompenhpost.com/business/construction-date-yet-be-set-13b-coal-fired-station

B Meanchey hill excavation banned

Authorities in Banteay Meanchey province Banned all activity related to excavation on Phnom Bak in Sisophon town to preserve it as a natural heritage site. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/b-meanchey-hill-excavation-banned

Cambodia’s total trade worth US$ 2.7-B in first 2 months, + 28%

Cambodia’s import and export trade volume had amounted to US$2.7-b in the 1st 2 months of this year, up 28% compared to the US$2.1-b in the same period last year, the statistics of the Commerce Ministry showed Friday. Main products Cambodia imported are garment and textile ...

http://www.livetradingnews.com/cambodias-total-trade-worth-us-2-7-b-in-first-2-months-28-108436.htm#.UU-oRBej2xA

Cambodians spend $2.3B annually on beer

Cambodians spend approximately $2.3 billion a year on beer, with the average person drinking about 72 liters of beer annually, causing economic experts to claim that reducing beer consumption could cut spending on public health and security. ...

Meas Molika
https://kiripost.com/stories/cambodians-spend-23b-annually-on-beer

Cambodia’s trade with US reaches US$1.39-B in 1-H, + 4.5%

Cambodia’s trade with US reaches US$1.39-b in 1-H, + 4.5% bi-lateral trade volume between Cambodia and the United States had jumped to US$1.39-b in 1-H of this year, a 4.5% rise compared with US$1.33-b at the same period last year, according to the statistics of the ...

http://www.livetradingnews.com/cambodias-trade-with-us-reaches-us1-39-b-in-1-h-4-5-83222.htm

Garment, footwear, travel goods exports $7B

Cambodia sold more than $6.8186 billion worth of garments, footwear and travel products on international markets in the first eight months of 2021, according to the Ministry of Commerce. ...

Thou Vireak
https://www.phnompenhpost.com/business/garment-footwear-travel-goods-exports-7b

Non-gold trade up near 24%, tops $25B

Cambodia’s non-gold exports reached $11.010 billion in the first eight months of this year, surging by 20.4 per cent year-on-year, while the analogous imports amounted to $14.6 billion, marking a 26.7 per cent year-on-year jump, the Ministry of Economy and Finance reported. ...

Hin Pisei
https://www.phnompenhpost.com/business/non-gold-trade-near-24-tops-25b

Seized M’kiri timber put up for auction, starting bid firmly set at 1.4B riel

The government’s Auction Committee has announced a public auction of more than 1,500 cubic metres of illegally logged timber at a starting price of some 1.4 billion riel (approximately $353,000). This is based on a June 6 announcement by the Ministry of Environment’s General Department ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/seized-mkiri-timber-put-auction-starting-bid-firmly-set-14b-riel

Tax revenue surpasses $1.9B

The Ministry of Economy and Finance’s General Department of Taxation (GDT) collected $1.90927 billion in taxes in the first eight months of 2021, down by $151.3 million or 10.60 per cent from the same period last year. ...

Hin Pisei
https://www.phnompenhpost.com/business/tax-revenue-surpasses-19b

Japan to give B1.3 bn vaccine aid to Cambodia, Thailand and 23 other Asian nations

Japan will provide 4.5 billion yen (about 1.3 billion baht) grant aid through an international organisation to 25 countries in Asia and the Pacific Islands region to help them build a cold-chain distribution network for Covid-19 vaccines, the Foreign Ministry said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/50822804/japan-to-give-b1-3-bn-vaccine-aid-to-cambodia-thailand-and-23-other-asian-nations/

FDI inflows drop 1% to $3.5B

The value of foreign direct investment (FDI) into the Kingdom registered a slight fall in 2020 amid a much sharper contraction among non-banking sectors and uncertainty over the evolution of the Covid-19 pandemic, but inflows into the financial sector remained strong. ...

May Kunmakara
https://www.phnompenhpost.com/business/fdi-inflows-drop-1-35b

Floods affect almost 500 B’bang families

Flash floods in BattamBang province are finished But the water inundated land and homes from Rokha Kiri district to Mong Russei district affecting nearly 500 houses and damaging aBout 600 hectares of rice fields. ...

Chhun Sunly
https://www.khmertimeskh.com/50974534/floods-affect-almost-500-bbang-families/

$2.3B of projects greenlit in January

The Council for the Development of Cambodia (CDC) approved final registration certificates for 25 projects in the first month of 2022, with total registered capital of nearly $2.3 billion and expected to create 23,175 jobs.   ...

Hin Pisei
https://www.phnompenhpost.com/business/23b-projects-greenlit-january

Cambodian debt stands at $9.81b

In the last three months, Cambodia paid $183 million in foreign debt, with total debt standing at $9.81 billion. However, authorities remain unconcerned, claiming funds are being funneled into investment and development. ...

Seng Mengheng​ and Chhorn Raksmey
https://kiripost.com/stories/cambodian-debt-stands-at-981b

Cambodia charts 1.8b digital payments, valued at $492b in 2023

Some 1.8 billion Khmer riel and US dollar digital transactions valued at $492 billion were recorded in 2023, which rose over 600 million from 1.1 billion transactions in 2022, the National bank of Cambodia (NbC) said on March 29. This significant increase, an economist opined, ...

Meas Molika
https://kiripost.com/stories/cambodia-charts-18b-digital-payments-valued-at-492b-in-2023

New B Bang governor puts focus on border

Newly-appointed BattamBang provincial governor Sok Lou instructed law enforcement officers along the Border to increase their vigilance and work to prevent illegal Border crossing into Thailand. ...

Nov Sivutha
https://www.phnompenhpost.com/national/new-b-bang-governor-puts-focus-border

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