Real estate momentum slow at 0.5 percent growth in 2023
Real estate growth has marginally improved year-over-year. But the momentum of growth is still slow with 2023 seeing the real estate sector grow 0.5 percent, compared to 0.2 percent in 2022. ...
Rachel David
https://www.khmertimeskh.com/501446564/real-estate-momentum-slow-at-0-5-percent-growth-in-2023/
ADB projects Cambodia to grow at 5.8% in 2024
Rising tourism footfalls and strong manufacturing prospects will drive Cambodia’s economy to grow at the rate of 5.8 percent this year and six percent next year, according to the latest edition of the Asian Development Bank’s (ADB) flagship economic report, released yesterday. ...
Manoj Mathew
https://www.khmertimeskh.com/501471600/adb-projects-cambodia-to-grow-at-5-8-in-2024/
Cambodia’s homestay market projected to grow at 8.22%
The homestay market in Cambodia is projected to surpass $59.3 million in earnings this year and in the next four years, it will surge to $81.34 million. ...
Jigmee Palden Pazo
https://www.khmertimeskh.com/501489136/cambodias-homestay-market-projected-to-grow-at-8-22/
Economy minister urges better infrastructure to prevent congestion at border crossings
The Cambodian government has pushed the implementation of separated border crossings and single window service checkpoints along the Thai and Vietnamese border checkpoints to better facilitate cross-border transportation, according to the Ministry of Economy and Finance. ...
NGO at center of abuse claims reopens with new management
The Our Home center in Phnom Penh’s Meanchey district has reopened under interim management after its director, Hang Vibol, was jailed last month and charged with abusing boys at the organization’s orphanage, which housed more than 50 children but was shuttered and will remain closed. ...
Simon Henderson and Khy Sovuthy
https://www.cambodiadaily.com/news/ngo-at-center-of-abuse-claims-reopens-with-new-management-81794/
ODC presents at the Bantheay Meanchey BarCamp
Participants are having group photo after the presentation.On May 25-26, 2018 the ODC team joined the Banteay Meanchey BarCamp. Being the second BarCamp conference organised in 2018, and the first time the event was taken place at the Meanchey University of the Banteay Meanchey province. ...
Land dispute villagers gather at PM’s office, seek intervention
A group of village families gathered in front of Prime Minister Hun Sen’s office on Monday to petition him to intervene on their behalf in a land dispute. ...
Long Kimmarita
https://www.phnompenhpost.com/national/land-dispute-villagers-gather-pms-office-seek-intervention
Trade with EU valued at $3.8 billion in 2020
Data from the Ministry of Commerce showed that in 2020 Cambodia exported $3.203 billion of goods to the EU and imported $659 million from the trade bloc. ...
Chea Vanyuth
https://www.khmertimeskh.com/50819696/trade-with-eu-valued-at-3-8-billion-in-2020/
Indebted oil company reports lower-than-expected oil at Cambodian block
KrisEnergy has warned that its current production rate at Cambodia’s Apsara offshore oil block has yielded only around half the company’s projected peak rate, and it has extended debt repayment deadlines and brought in an engineering firm to assess the situation amid “material uncertainty ...
Danielle Keeton-Olsen
https://vodenglish.news/indebted-oil-company-reports-lower-than-expected-oil-at-cambodian-block/
At least 17 people arrested for grabbing state land
At least 17 people have been arrested for encroaching on stAte land in Preah Vihear province’s Kulen district. ...
Khmer Times Staff
https://www.khmertimeskh.com/50865370/at-least-17-people-arrested-for-grabbing-state-land/
Economic growth projected at 4.8 percent in 2022: Deputy PM
Cambodia’s economic growth is projected to see robust growth next year because of economic recovery resulting from the government’s Covid-19 vaccination programmme. ...
Chea Vanyuth
https://www.khmertimeskh.com/50918131/economic-growth-projected-at-4-8-percent-in-2022-deputy-pm/
Outcome of the meeting on 27 December 2021 to resolve labor disputes at Naga World Limited
On 27 December 2021, the Ministry of Labor and Vocational Training issued a press release on the outcome of the meeting on 27 December 2021 to resolve labor disputes at Naga World Limited.The Ministry continues to call on former workers as well as employers to ...
Ministry of Labor and Vocational Training
Social accountability page was presented at civic tech meetup
On 25 November, the Open Development Cambodia (ODC) team conducted a presentation at the seventh Civic Tech Meetup in Kampong Chhnang city, Kampong Chhnang province. The series of meetups were challenged by Covid-19, but have recently resumed limited in-person meetings. During this all-day hybrid virtual ...
Kingdom to have ‘at least 10’ EV stations by December
Cambodia aims to have “at least 10” operational electric vehicle (EV) charging stations nationwide by end-2022, in the capital and “key provinces”, according to the public works minister on March 22. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-have-least-10-ev-stations-december
Prime Minister Manet discusses economic collaboration at CAEXPO
Prime Minister Hun Manet would have become one of the four heads of government of the Association of Southeast Asian Nations (ASEAN) member states to attend the 20th China-ASEAN Expo (CAEXPO) on Sunday in the southern city of Nanning, Guangxi region of China. ...
Khmer Times Staff
https://www.khmertimeskh.com/501361218/prime-minister-manet-discusses-economic-collaboration-at-caexpo/
Growth pegged at 5.5% for ‘23 recovery stage by World Bank
The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. This projection is in contrast with the Asian Development Bank (ADB), which revised its growth ...
May Kunmakara
https://phnompenhpost.com/business/growth-pegged-55-23-recovery-stage-world-bank
National Strategy for Informal Economic Development to achieve three goals at once
The launch of the National Strategy for Informal Economic Development 2023-2028 will achieve three goals at the same time, i.e. alleviating poverty and social inequality, strengthening social and economic resilience, and boosting economic growth. ...
Khmer Times Staff
https://www.khmertimeskh.com/501374642/national-strategy-for-informal-economic-development-to-achieve-three-goals-at-once/
Growth pegged at 5.5% for ‘23 recovery stage by World Bank
The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. ...
May Kunmakara
https://www.phnompenhpost.com/business/growth-pegged-55-23-recovery-stage-world-bank
At least 10 years to repair one week of Phnom Tamao damage
Hundreds of thousands of dollars will be spent replanting the Phnom Tamao forest that was destroyed over the past week. ...
Keat Soriththeavy
https://vodenglish.news/at-least-10-years-to-repair-one-week-of-phnom-tamao-damage/
Peaceful drills: China-Cambodia military exercises ‘not aimed at confrontation’
China’s Ambassador to Cambodia has categorically stated that military cooperation between his country and Cambodia is not for the purpose of confrontation with any country. The remarks were made by Ambassador Wang Wentian on Wednesday, at a media briefing at the embassy to introduce the ...
Soth Koemsoeun
https://www.khmertimeskh.com/1240197/peaceful-drills-china-cambodia-military-exercises-not-aimed-at-confrontation/
