Rice exports earn $123 million in Q1
Cambodia exported 166,451 tons of milled rice in the first quarter (Q1) of 2024, down 5.7 percent from 176,581 tons in the same period last year, a report from the Cambodia Rice Federation (CRF) showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501469151/rice-exports-earn-123-million-in-q1/
IMF forecasts Cambodia GDP at 6%, but warns of weak US, China growth
Following the pandemic, economic growth has been steady, the International Monetary Fund (IMF) said, with expansion projected at six percent in 2024, from an estimated 5.3 percent last year, thanks to tourism and non-garment exports. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/imf-forecasts-cambodia-gdp-at-6-but-warns-of-weak-us-china-growth
Youths cycle 1,000km to promote environmental protection from Ratanakiri to Kep
Twenty-five youths set off on a 1,000-kilometer cycling campaign in conjunction with World Environment Day on June 5 to raise awareness on the protection of natural resources and prevention of deforestation. ...
Khuon Narim
https://cambojanews.com/youths-cycle-1000km-to-promote-environmental-protection-from-ratanakiri-to-kep/
Smart waste collection mobile-app pilot launched in Siem Reap
Smart waste collection through the mobile app “Smart Clean Siem Reap” was launched as a pilot project in four villages in Siem Reap town’s Slakram commune on June 5. ...
Phak Seangly
https://www.phnompenhpost.com/national/smart-waste-collection-mobile-app-pilot-launched-in-siem-reap
Cambodia economy remains robust in 2013 amidst challenging global economic atmosphere: WB
Cambodia’s GDP growth was projected to reach 7 percent in equivalent to 15.65 billion U.S. dollars in 2013 despite a challenging global economic environment, the World Bank said Monday. Overall macroeconomic outlook remains positive, having sustained agricultural growth, continued strong performance of the tourism sector, a ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-10/07/c_132776793.htm
Finance Ministry Defends Ambiguity in 2014 Budget Bill
The Finance Ministry on Wednesday defended itself against recent reports that some 45 percent of the government’s $3.4 billion draft budget for 2014 remains unallocated, issuing a statement explaining that the money will pay for loans, subsidies and other vital expenses. According to the statement, ...
Hul Reaksmey
http://www.cambodiadaily.com/news/finance-ministry-defends-ambiguity-in-2014-budget-bill-47530/
No Demolition Yet as Buildings’ Deadline Nears
There was little sign Wednesday that two new buildings near the Royal Palace in Phnom Penh, which have been ordered to reduce their height, were any closer to demolition Wednesday, despite the approach of a one-month deadline from City Hall. Phnom Penh municipal officials said last ...
Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/news/no-demolition-yet-as-buildings-deadline-nears-46960/
For poor, eating dead poultry is a calculated risk
In late January, five of the 10 chickens owned by Leng Lal, a subsistence rice farmer in Kratie province, suddenly died. Although Mr. Lal, 40, said he knew the dead birds might be dangerous and he should burn and bury the carcasses, he instructed his 8-year-old ...
Sek Odom and Simon Henderson
http://www.cambodiadaily.com/news/for-poor-eating-dead-poultry-is-a-calculated-risk-52076/
Oral community to block entrance to forestland to protect from military clearance
Villagers in the Oral district of Kampong Speu province are digging in to protect what they claim as their community forest land, despite increasing pressure from the military to leave the site. ...
Sorn Sarath
https://cambojanews.com/oral-community-to-block-entrance-to-forestland-to-protect-from-military-clearance/
Mobile phone revenues per user to decline
Revenues per user in Cambodia’s mobile phone sector will drop sharply over the next five years, according to global research and consultancy firm Frost & Sullivan. The company said the average revenue per user – ARPU, a key metric for the industry – would fall ...
Economist Say GDP to Reach 8.7%
Cambodia’s economic growth is expected to reach 8.7 percent this year as a result of the growth within the garment sector and the increased prices for agricultural products. The Economic Institute of Cambodia (EIC) has said that the garment industry, including the manufacturing of shoes, ...
Chinese company given license to go for gold in Kratie
The government has given a Chinese mining company the right to extract gold from 28 square km of land in Kratie province’s Sambor district, a provincial official said yesterday. On July 5, the Ministry of Industry, Mines and Energy granted Hing Yuan Hanng Yeak Co Ltd ...
FDI soars 250% over last year
Foreign direct investment in the Kingdom soared 250 per cent year-on-year through August even despite the West’s economic woes, Deputy Prime Minister Sok An said yesterday. A total of 87 projects worth US$5.6 billion were approved by the Council for the Development of Cambodia during the ...
http://www.phnompenhpost.com/index.php/2011101352107/Business/fdi-soars-250-over-last-year.html
Businesses Feel Strain of High Gas Prices
The price of gasoline rose to a 5800 riel ($1.44) per liter Monday, a 14 percent rise since the beginning of the year. Economists and businesses yesterday said the high prices are having a negative impact on the economy, as everything from transportation companies to ...
International Tourists Up 13.4 Percent
The number of visitors arriving in Cambodia in the first six months of this year has increased 13.4 percent to 1,385,029, compared to the same period in 2010, Kong Sophearak, director of the statistics department at the Ministry of Tourism, said yesterday. The largest influx ...
Flooding has killed 62, displaced thousands
Continuing flooding along the Mekong River and around the Tonle Sap lake is taking a severe toll on local communities, government officials said Friday, as they released preliminary figures showing that 62 people had been killed in the floods, 5,000 families had been displaced, and ...
Cambodia scraps pay-to-stay ‘hotel’ prison plans
The Cambodian government is abolishing a controversial “hotel” prison project, according to Ministry of Interior officials. The government had announced earlier this month that it would soon open the new prison facilities, in which inmates can pay to stay. The facilities are said to be ...
Leonie Kijewski
https://www.voacambodia.com/a/cambodia-scraps-pay-to-stay-hotel-prison-plans/4995765.html
Defense ministry looking for recruits
The Ministry of National Defense announced on Friday that it is seeking more than 400 candidates to join the military in 2017. The announcement stated that the ministry was seeking both male and female candidates to work in the Royal Cambodian Armed Forces (RCAF). Candidates must have ...
Pech Sotheary
http://www.khmertimeskh.com/news/30163/defense-ministry-looking-for-recruits/
Hun Sen urges Philippine investment for ailing rice sector
Prime Minister Hun Sen said on Monday he had urged Philippine President Rodrigo Duterte to invest more heavily in Cambodia’s rice sector, while also acknowledging the need to lower rice processing costs and find new export markets to boost the competitiveness of Cambodia’s most important ...
Kuch Naren
https://www.cambodiadaily.com/news/hun-sen-urges-philippine-investment-for-ailing-rice-sector-127867/
Largest hydropower station on Mekong River starts operation
The largest hydropower station on Lancang River in southwest China’s Yunnan Province — known as the Mekong River in southeast Asia — went into operation Thursday with its first power generating unit up and running. The Nuozhadu hydroelectric station, located in the city of Pu’er, is ...