GDP growth drives petrol imports 67% year-on-year
The Kingdom’s strong economic growth so far this year has driven petroleum imports 67 per cent higher year-on-year through October, according to Ministry of Commerce data. Total imports reached 1.2 million tonnes, or US$1.14 billion worth, in the first 10 months of the year, compared to ...
Koh Kong power to go to Thais
Cambodian tycoon Ly Yong Phat has signed a US$3 billion joint-venture agreement with Thai energy firm Ratchaburi Electricity Generating Plc on what would be the Kingdom’s largest power station. Just under 90 per cent of the power, however, would be sold to Thailand. The 1,800 megawatt ...
http://www.phnompenhpost.com/index.php/2012032955308/Business/koh-kong-power-to-go-to-thais.html
Rapid economic growth props up Cambodia’s strongman
Between 1995 and 2017 Cambodia grew at an average rate of 7.7%; gdp per person rose from $321 in 1994 to $1,137 in 2017, after accounting for inflation. Foreign money has flooded in and Cambodia’s economy, which war and the Khmers Rouges had destroyed, has ...
The Economist
https://www.economist.com/asia/2019/04/20/rapid-economic-growth-props-up-cambodias-strongman
Japan to boost demining efforts
Japan today will provide more than $1 million in grant aid to two NGO’s for demining work, community healthcare projects and children support networks. The signing ceremony for the grant assistance totalling $1,052,298 will be held in the Japanese Embassy in Phnom Penh. An embassy statement ...
Mom Kunthear
https://www.khmertimeskh.com/50647698/japan-to-boost-demining-efforts/
Pig cull raises supply concerns
Following a mass cull of more than 1,000 pigs over the last two weeks, authorities yesterday played down any threat to the local pork supply, but financial concerns among farmers and market vendors are mounting.Some 1,200 pigs have been culled in Siem Reap, having recently ...
Sor Chandara
http://www.phnompenhpost.com/business/pig-cull-raises-supply-concerns
Cambodia’s economy lost $4b in illegal outflows in 2013
Cambodia’s economy lost more than $4 billion to illicit financial outflows in 2013, more than a quarter of its gross domestic product that year, according to a report released on Wednesday by the Washington-based think tank Global Financial Integrity.Based on trade data reported to the ...
Alex Willemyns
https://www.cambodiadaily.com/news/cambodias-economy-lost-4b-in-illegal-outflows-in-2013-102614/
Mine action center resumes breeding dogs as fundraiser
The Cambodian Mine Action Center (CMAC) has restarted a long-dormant dog breeding program it hopes will replenish its stock of explosive-sniffing canines as well as its dwindling coffers by selling them to others, including riot police. The first litter of six Malinois, a type of Belgian ...
Aun Pheap
https://www.cambodiadaily.com/news/mine-action-center-resumes-breeding-dogs-fundraiser-117170/
Consumer price index climbs on food and fuel
Cambodia’s consumer price index (CPI) increased slightly year-on-year in July by 1.3 per cent, which was driven by increased food and fuel prices, according official data from the National Institute of Statistics (NIS). “The increase for all index groups was 1.3 per cent of inflation in July 2012 ...
The Week at the CSX - Calm Waters
The price of Phnom Penh Water Supply Authority (PPWSA) stock increased slightly to KHR 6,400 (US$1.57) on July 2 and remained at that level until July 5, while general trading volumes stayed between 10,000 to 12,000 shares except on July 2, when the volume dipped to just 2,200. The price increased ...
Airport Arrivals Soar With Business Traffic
The number of visitors to Cambodia through its two main airports increased 19.7 percent to more than 1 million people in the first half of the year, compared to the same period last year, figures released by Cambodia Airports show. Between January and June, 1,028,285 passengers ...
Bank Accounts Rare in Cambodia, Even for Rich
Despite an expanding financial sector, increasing access to credit and strong economic growth in recent years, fewer than 1 in 20 Cambodians has a bank account, according to a new policy working paper by the World Bank. According to the paper – released earlier this month ...
http://www.cambodiadaily.com/business/bank-accounts-rare-in-cambodia-even-for-rich-6957/
Cambodia’s total trade worth US$ 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 ...
Cambodia's construction attracts over 2 bln USD investment in 8 months
PHNOM PENH, Sept. 27 (Xinhua) — Cambodia’s construction sector had received a total investment of 2.14 billion U.S. dollars in the first eight months of the year, up 40 percent from 1.53 billion U.S. dollars over the same period last year, a government report showed ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/27/c_132755769.htm
Vaccination of adolescents aged 12 to 17 in Cambodia reaches 77.20 percent
The campaign to vaccinated up to 1,966,931 adolescents aged between 12 and 17, which was kicked off by the Prime Minister on August 1, has reached 77.20 percent as of August 30. ...
Khmer Times Staff
https://www.khmertimeskh.com/926300/vaccination-of-adolescents-aged-12-to-17-in-cambodia-reaches-77-20-percent/
Trade with Japan extends growth in 2021Cam
Bilateral trade volume between Cambodia and Japan topped $1.700 billion in 2021, marking a small increase of 0.49 per cent from more than $1.692 billion a year earlier, according to preliminary data from the Ministry of Commerce. ...
Hom Phanet
https://www.phnompenhpost.com/business/trade-japan-extends-growth-2021
Economic Land Concessions
Explore Open Development Cambodia’s revised and updated database of Economic Land Concession profiles and maps.Explore now ...
Techo International Airport ready to be launched in mid-2025
As of the end of July 2024, the construction project of Techo International Airport has achieved more than 80% with a total cost of about 1.2 billion dollars and is scheduled to be completed by the end of 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501552145/techo-international-airport-ready-to-be-launched-in-mid-2025/
Health equity fund rolled out to vulnerable citizens
The government is encouraging eligible residents to register for financing under the social protection programme, which offers Health Equity Fund cards to the elderly, people with disabilities, and vulnerable families from April 1 to 20, 2024. ...
Kuch Sikol
https://kiripost.com/stories/health-equity-fund-rolled-out-to-vulnerable-citizens
Chinese-invested airport in Cambodia handles more than 14,000 flights in first year
The Chinese-invested Siem Reap Angkor International Airport (SAI) has handled more than 14,000 flights with 1.3 million passengers in the first year of its operation, the airport operator said on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501575482/chinese-invested-airport-in-cambodia-handles-more-than-14000-flights-in-first-year/
Business Registrations Up 34% This Year
The number of businesses that registered at the Ministry of Commerce during the first seven months of this year increased 34 percent compared to the same period last year, according to ministry figures released yesterday. According to the data, in the first seven months of ...