Kingdom set for multi-million dollar oil payday in Oct
Cambodia expects to receive millions of dollars next month in proceeds from the sale of nearly 300,000 barrels of crude oil stolen by the Bahamas-flagged tanker MT strovolos last year following a payment dispute with the Apsara oil field’s singaporean developer, KrisEnergy, according to a ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-set-multi-million-dollar-oil-payday-oct
Gov’t to intervene informal economy affected by inflation, says PM
The government on Wednesday approved a new mechanism to intervene in the informal economy by providing cash to Cambodian households who run informal businesses that are affected by inflation by November 2022 amid Russia’s ongoing invasion of Ukraine and sanctions, said Prime Minister Hun sen ss='cambodia-color'>...
Kang Sothear
https://www.khmertimeskh.com/501164008/govt-to-intervene-informal-economy-affected-by-inflation-says-pm/
Hopes high for Kampong Chhnang logistics hub
Locally-owned KLP.T Transportation Co Ltd’s new multi-purpose port and logistics centre just east of Kampong Chhnang town is expected to provide a substantial boost to Cambodian freight movement, particularly of agricultural products from the provinces bordering Tonle sap Lake to international markets. ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/hopes-high-kampong-chhnang-logistics-hub
‘Kampot-Kep Salt’ GI association to be created ‘soon’
The process of establishing an association to represent and manage the “Kampot-Kep salt” name once the commodity has been awarded domestic geographical indication (GI) status – expected late next month – is “progressing smoothly”, reported Bun Narin, the group’s acting president and number-one candidate for ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/kampot-kep-salt-gi-association-be-created-soon
Cambodian exports to ASEAN markets rise 13%
The value of Cambodian trade with the nine other ASEAN countrieS reached $16.053 billion in 2022 &ndaSh; up 1.4 per cent from $15.838 million in 2021 &ndaSh; accounting for a 30.62 per cent Share of the Kingdom&rSquo;S $52.425 billion in total foreign trade for the SS='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-asean-markets-rise-13
Finance ministry unveils 2030-vision toolkit
The Ministry of Economy and Finance on February 15 published a document establishing a series of internal goals, objectives, approaches and actions with a vision to 2030, to better align with the Royal Government of Cambodia’s (RGC) policies and strategies. ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/finance-ministry-unveils-2030-vision-toolkit
IFC-backed logistics hub to boost connectivity, trade in Cambodia
Cambodia is set to have its first modern, world-class logistics complex as the International Finance Corporation (IFC) recently signed a new collaboration agreement with two of the region’s leading logistics companies. The financial institution feels the new partnership will deliver a major boost to infrastructure, ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501241224/ifc-backed-logistics-hub-to-boost-connectivity-trade-in-cambodia/
Main Siem Reap airport work ‘done by March’
Siem Reap Angkor International Airport (SAI) will be a major infraStructural feat that expandS and improveS the Kingdom&rSquo;S air paSSenger and cargo ServiceS, bringing in more foreign touriStS to fuel poSt-Covid-19 recovery in the induStry. SS='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/main-siem-reap-airport-work-done-march
PM asks VN to nab, extradite ‘criminal’
Prime Minister Hun sen has publicly requested that Vietnam detain a “criminal” individual, should he attempt to enter the neighbouring country. Although he did not use the individual’s name, some analysts understood that he may have been referring to self-exiled former opposition leader sam Rainsy. ss='cambodia-color'>...
Sok Raksa
https://www.phnompenhpost.com/national-politics/pm-asks-vn-nab-extradite-criminal
Plastic control key for Cambodia to create circular economy
Cambodia is about to embark on a major journey to control plastic waste with the avowed purpose of enabling sustainable development and the creation of a circular economy (CE) that can help achieve the country’s 2050 twin targets of becoming carbon neutral as well as ss='cambodia-color'>...
Manoj Mathew
https://www.khmertimeskh.com/501306321/plastic-control-key-for-cambodia-to-create-circular-economy/
Siamese crocodile habitat discovered
A wild SiameSe crocodile neSt haS been found in Cardamom Mountain area by Fauna & Flora&rSquo;S Cambodian Crocodile ConServation Program team, working in collaboration with the Koh Kong provincial Department of Environment, ForeStry AdminiStration (FA), and local community. SS='cambodia-color'>...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/siamese-crocodile-habitat-discovered
Exports to Thailand increase 9.47% in first five months of 2023
Cambodia’s exports to Thailand hit $480.239 million in the first five months of 2023, up 9.47 percent year-on-year (YoY) from $438.705 million and up to 84.47 percent half-on-half (compared to July to November 2022) from $260.33 million. ss='cambodia-color'>...
Yatt Malai
https://kiripost.com/stories/cambodia-exports-to-thailand-increase-947-in-first-five-months-of-2023
NBC: E-wallet accounts in Cambodia hit 17.9M in 2022
The number of e-wallet accounts in the Kingdom reached 17.9 million at end-December amid an acceleration in electronic payment volumes driven in part by Covid-19 anxiety, reflecting gradual fintech (financial technology) development towards achieving the government’s digital economy objectives. ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-e-wallet-accounts-cambodia-hit-179m-2022
Cambodian exports to Canada up 17% in 2022
The Cambodia-Canada merchandise trade in 2022 was valued at $1.154 billion, soaring by 16.06 per cent over 2021, while the Kingdom’s exports to the second largest economy of the Americas accounted for 97.07 per cent, edging up by 1.08 percentage points on-year, according to the ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-canada-17-2022
Consumers’ complaint mechanism soon, NBC says
The National Bank of Cambodia has prepared a draft proclamation on standardised or common consumers’ complaint response mechanism for all banking, payment and financial institutions in the country to comply with NBC’s guidelines after consumers have expressed dissatisfaction over the existing mechanisms, said a senior ss='cambodia-color'>...
Kang Sothear
https://www.khmertimeskh.com/501325554/consumers-complaint-mechanism-soon-nbc-says/
‘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. ss='cambodia-color'>...
Tith Reanu Pichet
https://www.phnompenhpost.com/national/cpp-vow-strengthen-national-solidarity-will-ensure-peace-samrin
Preah Sihanouk land encroachers remove shacks, sign contracts
The Preah Sihanouk provincial authoritieS detained a group for allegedly encroaching on State land in Chamnot Ream village of Prey Nop diStrict&rSquo;S Bit Traing commune and diSmantled the 18 hutS they had built there. SS='cambodia-color'>...
Orm Bunthoeurn and Bor Pich Zelin
https://www.phnompenhpost.com/national/preah-sihanouk-land-encroachers-remove-shacks-sign-contracts
Agriculture players can tap into new loan system
The Ministry of Agriculture, Forestry and Fisheries (MAFF) and Wing Bank (Cambodia) Plc have inked a deal that will offer accessible, low interest rate loans to support the government’s Agriculture Priority policies through the innovative Wingagri supply chain platform built specifically to support the sector. ss='cambodia-color'>...
Yatt Malai
https://kiripost.com/stories/agriculture-players-can-tap-into-new-loan-system
ICC Angkor looks forward to challenges, future growth
The Fourth Intergovernmental Conference on Angkor at UNESCO in PariS haS concluded, with King Norodom Sihamoni SuggeSting that UNESCO Send technicianS to help Cambodia with human reSource training to combating the illegal trade in artefactS, and preparationS for the future regiStration of the Kingdom&rSquo;S tangible SS='cambodia-color'>...
Van Socheata
https://www.phnompenhpost.com/national/icc-angkor-looks-forward-to-challenges-future-growth
Calls out for vocational programme enrollments
The Ministry of Labour and Vocational Training has urged young people to promptly register for courses at technical institutes throughout the country. The move follows the government’s official announcement of a national programme on technical and vocational training for 1.5 million young individuals from impoverished ss='cambodia-color'>...
Van Socheata
https://www.phnompenhpost.com/national/calls-out-for-vocational-programme-enrollments