Cambodia asks US to renew GSP scheme
The Minister of Commerce (MoC) Pan sorasak on Wednesday discussed strategies to strengthen the bilateral collaboration between Cambodia and the Us as well as renew the Generalized system of Preferences (GsP) for some of Cambodia’s products with a delegation led by Jason smith, Chairman of ss='cambodia-color'>...
Kang Sothear
https://www.khmertimeskh.com/501336646/cambodia-asks-us-to-renew-gsp-scheme/
Manet set for China-ASEAN expo 2023 as head of gov’t
Prime Minister-in-waiting Hun Manet is scheduled to travel to China in mid-september for the 20th China-AsEAN Expo 2023 in Nanning, the capital city of the Guangxi Zhuang Autonomous Region – in one of his first official trips seen by analysts as a significant step in ss='cambodia-color'>...
Samban Chandara
https://www.phnompenhpost.com/national/manet-set-china-asean-expo-2023-head-govt
Manet commits to annual wage increases for workers
While acknowledging that the new minimum wage for factory workers falls short of their expectations, Prime Minister Hun Manet reaffirmed the government’s commitment to providing a yearly increment, however modest. This dedication, he noted, stands in contrast to certain countries that have not granted any ss='cambodia-color'>...
Neang Sokunthea
https://phnompenhpost.com/national/manet-commits-annual-wage-increases-workers
SERC: CamGSM securities application under review
The SecuritieS and Exchange Regulator of Cambodia (SERC) iS currently reviewing the application from CamGSM Plc, the nation&rSquo;S largeSt locally-owned mobile operator, which SeekS to iSSue debt SecuritieS (SuStainable bondS). The move aimS to Secure around $20 million for network expanSion and debt refinancing. SS='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/serc-camgsm-securities-application-under-review
Mixed findings in Mekong River hydropower report
Two hydropower projects along southeast Asia’s most important river have had a measurable though moderate impact on water flows, sediment and fisheries, according to a press release on the preliminary findings of a report by the Mekong River Commission (MRC) released last week. ss='cambodia-color'>...
Ry Sochan
https://www.phnompenhpost.com/national/mixed-findings-mekong-river-hydropower-report
Official: No bans on rosewood furniture, use must be reduced
A senior agriculture official has clarified that calls to reduce the use of rosewood in furniture will not mean a total ban but rather the adoption of techniques which will contribute to the conservation of the Kingdom’s forests, as the population continues to grow. ss='cambodia-color'>...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/official-no-bans-rosewood-furniture-use-must-be-reduced
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
Interior ministry issues reminder to renew expired ID cards
Around 1.7 million national identification cards had expired by July this year, prompting the Ministry of Interior to call for those holding expired ID cards to renew them within the next 90 days to ensure their validity, especially for use in the next year’s general ss='cambodia-color'>...
Post Staff
https://www.phnompenhpost.com/national/interior-ministry-issues-reminder-renew-expired-id-cards
NOTICES Agri exports to China hit 2.4M tonnes worth $1.9B in last 42 months
Agricultural exports to China in the 14 quarters to June 30 amounted to 2.4 million tonnes, worth $1.942 billion, said a Chinese embassy report citing Cambodian agriculture ministry data, as the government’s new policies to boost productivity in the field and turn the Kingdom into ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/agri-exports-china-hit-24m-tonnes-worth-19b-last-42-months
District authorities remind residents age 15 and up to apply for National ID cards
Koh Kong province’s sre Ambel district administration informed the chiefs of all six communes in the district to encourage residents who have reached 15 years of age or older to apply for Cambodian National Identification cards and remind those whose ID cards are about to ss='cambodia-color'>...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/district-authorities-remind-residents-age-15-and-apply-national-id-cards
KNUP eyes third place in National Election
Khmer National United Party (KNUP) led by former military general Nhek Bun Chhay is eyeing third place in the National Assembly (NA) after Cambodian People’s Party (CPP) and Candlelight Party (CP) in the upcoming 2023 National Election and will use that position to address the ss='cambodia-color'>...
Hang Punreay
https://www.khmertimeskh.com/501155418/knup-eyes-third-place-in-national-election/
IMF, ADB peg 2022 GDP growth at 5%
Two major multilateral lenders have forecast Cambodia’s economic growth for 2022 at around five per cent, buoyed by bumper export performance earlier in the year, coupled with ongoing policy support and continued tourism recovery, but held back by external pressures associated with Covid-19 and the ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/imf-adb-peg-2022-gdp-growth-5
2023 is a pivotal year for Cambodia to attract more foreign tourists
Cambodia views 2023 as a pivotal year for attracting more foreign tourists. After the devastating impacts of the Covid-19 outbreak, the year should considerably assist Cambodia in overcoming the crisis that has enveloped the tourism sector, which is regarded one of the four pillars on ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501254657/2023-is-a-pivotal-year-for-cambodia-to-attract-more-foreign-tourists/
PPSP back in black in Q1’23 with $5.7m net profit
A surge in land sales has helped tycoon Kith Meng’s Phnom Penh sEZ Plc (PPsP) to return to the black, posting $5.7 million net profit in the first quarter ended March 31 (Q1’23) after suffering a $680,743 net loss a year ago. ss='cambodia-color'>...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-ppsp-back-in-black-in-q123-with-57m-net-profit
GDP per capita to swell 8.3% in 2023, Pornmoniroth says
Deputy Prime Minister and Minister of Economy and Finance (MEF) Aun Pornmoniroth said yesterday that Cambodia’s annual economic growth per person or GDP per capita has been forecasted to increase to $1,932 in 2023 from $1,784 in the previous year, even as inflation has been ss='cambodia-color'>...
Kang Sothear
https://www.khmertimeskh.com/501312162/gdp-per-capita-to-swell-8-3-in-2023-pornmoniroth-says/
Cambodian exports to Vietnam surge by nearly a quarter to $1.3B
Cambodia’s goods exports to Vietnam reached $1.324 billion in the first five months of 2023, up 22.69 per cent year-on-year from $1.079 billion and up 83.92 per cent half-on-half from $719.79 million, according to the General Department of Customs and Excise of Cambodia (GDCE). ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-vietnam-surge-nearly-quarter-13b
Gov’t sticks with 5.6% growth forecast
The government has kept its baseline projection for Cambodia’s economic growth this year at 5.6 percent, which was announced in late January, marking a sharp drop from the 6.6 per cent put forward in October, as the Ukraine conflict and geopolitical unrest caused regional and ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/govt-sticks-56-growth-forecast
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
Cambodian agri exports rise 7.8% to 8.6M tonnes
Cambodia formally exported 8.6 million tonnes of agricultural products to 74 markets last year worth nearly $5 billion, up 7.8 per cent from the 7.9 million tonnes booked in 2021, as agriculture contributed 22.2 per cent of the Kingdom’s 2022 gross domestic product (GDP), according ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-agri-exports-rise-78-86m-tonnes
NEC spokesman calls on authorities to take action to stop inciting people not to vote
A spokesman for the National Election Committee (NEC) said it is a crime to use provocative words or create a spectacle that prevents and discourage people from going to vote. He urged the authorities to take action to prevent all crimes and incitement that disrupt ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501303285/nec-spokesman-calls-on-authorities-to-take-action-to-stop-inciting-people-not-to-vote/