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GDP growth to shrink to 4.9% as poverty rate inches up

Cambodia’s economic growth for 2022 is expected to decelerate to 4.9 percent from estimates of 5.4 percent made prior to the war in Ukraine, an assessment by the UN Development Programme (UNDP) stated. ss='cambodia-color'>...

Kiripost staff writers
https://kiripost.com/stories/gdp-growth-to-shrink-to-49-as-poverty-rate-inches-up

Inflation rises to 7.4 percent

Inflation is expected to soar to 7.4 percent in Q2 2022, from 2.8 percent last year, raising fears that it will seriously impact the livelihoods of the country’s most vulnerable. ss='cambodia-color'>...

Seng Mengheng
https://kiripost.com/stories/inflation-rises-to-74-percent

Canadian firm granted oil, gas exploration, production licence

The government has given the nod to EnerCam Resources Co Ltd, a subsidiary of Toronto-listed Angkor Resources Corp, for oil and gas exploration, development and production on southwestern Cambodia’s roughly 7,300sq km onshore Block VIII in the Kampong-som Basin, the parent company reported on October ss='cambodia-color'>...

May Kunmakara
https://www.phnompenhpost.com/business/canadian-firm-granted-oil-gas-exploration-production-licence

Tax Law slated to be passed by end of year

A new law on taxation that has been in draft for seven years is expected to be approved by parliament at the end of the year as part of efforts to bolster the government’s tax collection process. ss='cambodia-color'>...

Prak Chan Thul
https://kiripost.com/stories/tax-law-slated-to-be-passed-by-end-of-year

Port EDI still due for Aug 17 launch, ministry confirms

An electronic data interchange (EDI) system is still on track to be launched at the Kingdom’s ports on August 17, to effect a large-scale modernisation of entry-exit navigation control in Cambodia, switching from manual to online, the public works ministry confirmed on June 24. ss='cambodia-color'>...

Hom Phanet
https://www.phnompenhpost.com/business/port-edi-still-due-aug-17-launch-ministry-confirms

First ‘pra’ fish export for China in process

Hun Ty Co Ltd, the sole company awarded the right to process iridescent shark catfish (Pangasianodon hypophthalmus) for export to China, is currently processing the first batch of 40 tonnes scheduled for Cambodia’s maiden trial shipment to Chinese shores next month, according to a senior ss='cambodia-color'>...

Hom Phanet
https://www.phnompenhpost.com/business/first-pra-fish-export-china-process

Sihanoukville SEZ exports $1.3b in six months

Sihanoukville Special Economic Zone&rSquo;S (SSEZ) exportS were worth $1.3 billion during the firSt half of 2022, marking a year-on-year increaSe of almoSt 40 percent, according to the MiniStry of Labor and Vocational Training. SS='cambodia-color'>...

Penh Chamroeun
https://kiripost.com/stories/sihanoukville-sez-exports-13b-in-six-months

Construction on Covid jab plant starts in Nov

A senior Ministry of Health official has said construction on Cambodia’s first Covid-19 vaccine packaging plant is to start in November. set on an area of around 5ha, the facility is to meet the vaccine needs of everyone living in the Kingdom.​ ss='cambodia-color'>...

Lay Samean
https://www.phnompenhpost.com/national/construction-covid-jab-plant-starts-nov

Gov’t says wood from Tamao clearing given to locals, not sold

About 530 hectares of land in Tamao sanctuary in Takeo province’s Bati district was cleared by a developer last month and the public has accused the government of selling the felled trees for profit, a claim authorities vehemently rejects. ss='cambodia-color'>...

Chhun Sunly
https://www.khmertimeskh.com/501153040/govt-says-wood-from-tamao-clearing-given-to-locals-not-sold/

Kingdom ranks fourth in latest Nikkei Covid-19 Recovery Index

Cambodia has ranked fourth out of 121 countries in the Nikkei Covid-19 Recovery Index and top of the pile for the AsEAN region, scoring 76.5, according to this month’s latest update. ss='cambodia-color'>...

Mom Kunthear
https://www.phnompenhpost.com/national/kingdom-ranks-fourth-latest-nikkei-covid-19-recovery-index

Thailand to facilitate admission of Timor Leste as ASEAN member

Thailand is ready to provide support to Timor Leste for its full AsEAN membership. Acting Government spokesperson Anucha Burapachaisri said an objective criteria-based Roadmap for Timor-Leste’s full membership would be formalised. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/501187286/thailand-to-facilitate-admission-of-timor-leste-as-asean-member/

Mondulkiri officials probe Bunong logging allegations

Mondulkiri provincial environment officials are working to identify loggers who a Bunong indigenous community accused of clearing nearly 100ha of community forest in Koh Nhek district’s Rayum commune. ss='cambodia-color'>...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/mondulkiri-officials-probe-bunong-logging-allegations

Ministry contest encourages women to get involved in digital skills, tech

Minister of Post and Telecommunications Chea Vandeth encouraged female students to join a new digital competition. The format features training, a digital bootcamp and a pitch contest for each team’s finished product.​ ss='cambodia-color'>...

Lay Samean
https://www.phnompenhpost.com/national/ministry-contest-encourages-women-get-involved-digital-skills-tech

Cambodian officials in Labuan to cement economic collaboration

More cooperation in investment and trade is expected to take place between Labuan’s industry players and Cambodian counterparts following a technical study tour by a high-level delegation from the Cambodian Royal Government to the Labuan Corporation (LC) Monday. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/501238361/cambodian-officials-in-labuan-to-cement-economic-collaboration/

Cambodia records 1.26 million air passengers in Q1

Cambodia reported 1.26 million air travelers during the first quarter of 2023, up 549 percent from only 195,000 passengers over the same period last year, said the state secretariat of Civil Aviation’s report released on Wednesday. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/501276387/cambodia-records-1-26-million-air-passengers-in-q1/

Germany pledges renewed support for mine clearance

German president Frank-Walter steinmeier reiterated German preparedness to help Cambodia combat climate change and embrace renewable energy. The largest European economy will continue to support mine clearance operations in Cambodia and conservation of Cambodia’s ancient temples. ss='cambodia-color'>...

Ry Sochan
https://www.phnompenhpost.com/national/germany-pledges-renewed-support-mine-clearance

Fully tapping potential of RCEP by Cambodia

The Regional Comprehensive Economic Partnership is a catalyst of regional economic growth, integration and connectivity in the Asia Pacific, accounting for about 30 percent of global GDP and one-third of the world’s population. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/501267503/fully-tapping-potential-of-rcep-by-cambodia/

More than one million vehicles travelled on Chinese-invested expressway in Cambodia in 3 months

More than 1 million vehicles had travelled on Cambodia’s first-ever expressway in the first three months since its inauguration in October last year, according to data released by the freeway operator on Monday. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/501212948/more-than-one-million-vehicles-travelled-on-chinese-invested-expressway-in-cambodia-in-3-months/

Over 60,000 expected at ‘Jan 7’ event

The ruling Cambodian People’s Party (CPP) will celebrate the 44th anniversary of the January 7 Victory over Genocide Day with tens of thousands of participants, under the presidency of Prime Minister Hun sen. ss='cambodia-color'>...

Ry Sochan
https://www.phnompenhpost.com/national/over-60000-expected-jan-7-event

Tourism industry expert urges creation of more attractions

Tourism industry experts are anticipating an increase in visitors to the Kingdom during this year’s high season and encouraging communities in lesser-known areas to think creatively and find new ways to draw tourists out from the usual destinations. ss='cambodia-color'>...

Van Socheata
https://www.phnompenhpost.com/business/tourism-industry-expert-urges-creation-more-attractions

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