Kingdom casts it export net wider to mitigate exit of major US and EU markets
Due to COVID-19’s devastating economic effect causing the collapse of Cambodia’s two major export markets, the United States and the European Union, representing about 75 percent of total market share, is forcing a refocus on expanding the Kingdom’s highly concentrated export market. ...
Harrison White
https://www.khmertimeskh.com/50712402/kingdom-casts-it-export-net-wider-to-mitigate-exit-of-major-us-and-eu-markets/
Cambodians shun banks: World Bank report
Cambodian people used banks less than any other country in the Asia-Pacific region last year in percentage terms of using financial services, recent data from the World Bank showed. The report, released this month, also pointed to high growth in the percentage of borrowers, which insiders ...
http://www.phnompenhpost.com/index.php/2012053056467/Business/cambodians-shun-banks.html
JETRO survey shows Cambodia may miss out on Japanese firms shifting focus to Southeast Asian nations
A rising number of Japanese companies are expanding business in Southeast Asia, according to the Japan External Trade Organization (JETRO). However, to date, there has been hardly any concrETe information on how many of the Japanese entities have targETed Cambodia for relocation although both Japan ...
Chimphu.VN/Capital Cambodia
https://www.khmertimeskh.com/50755553/jetro-survey-shows-cambodia-may-miss-out-on-japanese-firms-shifting-focus-to-southeast-asian-nations/
Cambodia continues to draw FDI despite loss of EBA with another four investment projects worth $37.6 million
The Council for the Development of Cambodia (CDC) has given the green light to four more investment projects with a total investment capital of $37.6 million. According to the council’s press release issued Friday, the projects newly approved are expected to create some 6,338 jobs ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50776597/cambodia-continues-to-draw-fdi-despite-loss-of-eba-with-another-four-investment-projects-worth-37-6-million/
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/
Koh Kong residents protest encroachment on state land
More than 100 families living in Chroy Svay commune in Koh Kong province’s Sre Ambel district protested in front of the district hall to demand that authorities keep 63ha of lowland forest as state property and take legal action against forest encroachers. ...
Voun Dara
https://www.phnompenhpost.com/national/koh-kong-residents-protest-encroachment-state-land
Cambodia set to reaffirm commitment at Non-aligned Movement conference
Ouch Borith – minister attached to the prime minister and permanent secretary of state for the Ministry of Foreign Affairs and International Cooperation – is slated to personally attend the High-Level Meeting to Commemorate the 60th Anniversary of the First Conference of the Non-Aligned Movement ...
PM Hun Sen tells the Minister of Education to discuss with the capital-provincial Governors to choose schools that do not have Covid-19 to reopen again
PM Hun Sen tells the Minister of Education to discuss with the capital-provincial governors to select schools on sites that are not affected by the Covid-19 disease to reopen since the Kingdom has undergone vaccination process to kids aged from 12 to 18 for more ...
Mom Kunthear
https://www.postkhmer.com/national/2021-08-31-1019-222713.html
WFP and USAID allocate $1.32 million to 11,000 families badly hit by floods
The World Food Program supported by the Government of Germany and the United States Agency for International Development (USAID) allocated $1.32 million to be given to 11,000 families or about 55,000 people who were badly affected by floodwaters and the Covid outbreak in Banteay Meanchey ...
Chhun Sun Ly
https://www.khmertimeskh.com/50955055/wfp-and-usaid-allocate-1-32-million-to-11000-families-badly-hit-by-floods/
Ministry of Economy announces $100 million funding increase for SME Bank and Rural Development Bank for Agriculture
The Ministry of Economy and Finance will announce the announcement of additional funding of $100 million for the Cambodian Small and Medium enterprise Bank and the Agricultural Rural Development Bank to provide additional support to SMEs, agriculture and agriculture. Industry according to the press release ...
Khmer Times Staff
https://www.khmertimeskh.com/501023375/ministry-of-economy-announces-100-million-funding-increase-for-sme-bank-and-rural-development-bank-for-agriculture/
Communities in long-running land dispute with a sugarcane company in Kampong Speu province asked the Ministry of Land Management to expedite the settlement
Nearly 100 people have land dispute with Ly Yong Phat sugar plantation in Kampong Speu province gather in front of the Ministry of Land Management, Urban Planning and Construction on the morning of January 26, 2023 to request this ministry to expedite the demolition procedure ...
Khut Chariya
https://www.postkhmer.com/national/2023-01-26-1931-246327.html
ADB retains Cambodia’s growth forecast at 5.3 percent in 2022 and 6.2 percent in 2023, down by 0.3 percent
The Asian Development Bank (ADB) maintained its economic growth forecast for Cambodia at 5.3 percent in 2022, but lowered the 2023 forecast to 6.2 percent from the earlier prediction of 6.5 percent due to weaker global growth, according to its updated outlook report released on ...
Khmer Times Staff
https://www.khmertimeskh.com/501155788/adb-retains-cambodias-growth-forecast-at-5-3-percent-in-2022-and-6-2-percent-in-2023-down-by-0-3-percent/
Do not be afraid to rent a plane to evacuate Cambodian nationals from Israel, says Samdech Hun Sen
Samdech Hun Sen, President of the ruling Cambodian People’s Party and former Prime Minister of Cambodia, has recommended the Royal Government not be afraid of spending money to rent a unique plane to bring home the Cambodian nationals from Israel if the Israeli government requests ...
Khmer Times Staff
https://www.khmertimeskh.com/501373972/do-not-be-afraid-to-rent-a-plane-to-evacuate-cambodian-nationals-from-israel-says-samdech-hun-sen/
Over 10,000 police officers to be deployed in Phnom Penh for security and safety during ASEAN Summits
More than 10,000 security forces will be deployed to maintain the security and safety during the 40th and 41st ASEAN Summits and Related Summits on November 8-13, 2022 in Phnom Penh, said Lt. Gen. Chhay Kim Khoeun, Deputy Commissioner General and Spokesperson for the National ...
Khmer Times Staff
https://www.khmertimeskh.com/501175162/over-10000-police-officers-to-be-deployed-for-security-and-safety-during-asean-summits/
Ministry calls for better co-op with Preah Vihear rangers in sanctuaries
The Ministry of EnvironmEnt and Preah Vihear Provincial Administration called on the authorities in villages and communes near the Phnom Tnaot-Phnom Pok Wildlife Sanctuary to increase their cooperation with forest rangers. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/ministry-calls-better-co-op-preah-vihear-rangers-sanctuaries
Cambodia’s export to RCEP countries up 16 pct in first 4 months of 2023
Cambodia’s total export to the Regional Comprehensive Economic Partnership (RCEP) member countries amounted to $ 2.89 billion in the first four months of 2023, up 16 percent from $ 2.49 over the same period last year, the Ministry of Commerce’s latest report showed on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501290532/cambodias-export-to-rcep-countries-up-16-pct-in-first-4-months-of-2023/
‘CPP vow to strengthen national solidarity, will ensure peace’: Samrin
National Assembly President Heng Samrin, in his capacity as honorary president of the ruling Cambodian People’s Party (CPP), said his party remains dedicated to enhancing national unity, disregarding political affiliation, gender, religion, ethnicity, or social status. ...
Tith Reanu Pichet
https://www.phnompenhpost.com/national/cpp-vow-strengthen-national-solidarity-will-ensure-peace-samrin
Deadline for occupants of Pursat protected areas
The Pursat provincial Department of environment has announced a call for individuals occupying land within community areas of protected zones to apply for self-declaration for land ownership certification. ...
Long Kimmarita
https://www.phnompenhpost.com/national/deadline-occupants-pursat-protected-areas
Cambodia’s exports to RCEP members up 27 pct in 11 months: report
Cambodia exported $7.21 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) members in the first 11 months of 2023, up 27 percent from 5.67 billion dollars in the same period last year, a Ministry of Commerce report said on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501413723/cambodias-exports-to-rcep-members-up-27-pct-in-11-months-report/
New $21M NEC building set for Oct 2025 completion
The National Election Committee (NEC) January 2 held a groundbreaking ceremony for its new office building, constructed on land acquired by the government from Kong Korm, a former opposition leader. The site is located on Sothearos Street in Tonle Bassac commune in Phnom Penh’s Chamkarmon ...
Kim Yutharo
https://www.phnompenhpost.com/national/new-21m-nec-building-set-for-oct-2025-completion