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GDP growth to shrink to 4.9% as poverty rate inches up

Cambodia’s economic growth for 2022 is expected to decelerate to 4.9 percent from estimates of 5.4 percent made prior to the war in Ukraine, an assessment by the UN Development Programme (UNDP) stated. ...

Kiripost staff writers
https://kiripost.com/stories/gdp-growth-to-shrink-to-49-as-poverty-rate-inches-up

Authorities reclaim 65,000 hectares of flooded forest

About 65,000 hectares of flooded forest around the Tonle Sap Lake have been reclaimed, with 5,000 families relocated, to prevent further encroachment, according to the spokesman for the Ministry of Land Management. ...

Mao Sreypich
https://kiripost.com/stories/authorities-reclaim-65000-hectares-of-flooded-forest

Construction on Covid jab plant starts in Nov

A senior Ministry of Health official has said construction on Cambodia’s first Covid-19 vaccine packaging plant is to start in November. Set on an area of around 5ha, the facility is to meet the vaccine needs of everyone living in the Kingdom.​ ...

Lay Samean
https://www.phnompenhpost.com/national/construction-covid-jab-plant-starts-nov

Kingdom ranks fourth in latest Nikkei Covid-19 Recovery Index

Cambodia has ranked fourth out of 121 countries in the Nikkei Covid-19 Recovery Index and top of the pile for the ASEAN region, scoring 76.5, according to this month’s latest update. ...

Mom Kunthear
https://www.phnompenhpost.com/national/kingdom-ranks-fourth-latest-nikkei-covid-19-recovery-index

Vietnam spends $1 billion importing cashew nuts from Cambodia

Cambodia exported a total of 670,000 tonnes of raw cashew nuts worth $1.07 billion last year to the international market, with 98.5 percent of its raw cashew nuts worth $1 billion being shipped to Vietnam. ...

Khmer Times Staff
https://www.khmertimeskh.com/501234910/vietnam-spends-1-billion-importing-cashew-nuts-from-cambodia/

Cambodia, Oz roll out Champei Sar 70 rice

After nearly a decade of research and development, Cambodia and Australia on April 5 jointly announced the official launch of a new fragrant rice variety named Champei Sar 70 (CPS 70) to mark the 70th anniversary of diplomatic ties between the two nations. ...

Rann Reuy
https://www.phnompenhpost.com/national/cambodia-oz-roll-out-champei-sar-70-rice

NEA slated to hold job forum in S’ville

The National Employment Agency (NEA) of the Ministry of Labour and Vocational Training is gearing up to hold a job forum in Village 5 of Sihanoukville’s Commune IV on April 26, with around 1,000 jobs at large private firms on offer. ...

Rann Reuy
https://www.phnompenhpost.com/national/nea-slated-hold-job-forum-sville

Bun Rany calls for further investment in midwifery

President of the Cambodian Red Cross Bun Rany released a statement ahead of International Day of the Midwife on May 5, calling for continued investment in midwifery, to ensure the present and future health of the Cambodian people. ...

Post Staff
https://www.phnompenhpost.com/national/bun-rany-calls-further-investment-midwifery

Activist march to Pursat for calling to release political prisoners and union leaders

A crowd of around 30 activists gathered at the base of Phnom Penh’s namesake Wat Phnom hill Wednesday before embarking down National Road 5 on a more than 200 kilometer journey by foot to Pursat province to promote social justice and morality. ...

Sovann Sreypich and Phon Sotthyroth
https://cambojanews.com/activist-march-to-pursat-for-calling-to-release-political-prisoners-and-union-leaders/

State revenues from gold production top $15M

Cambodia has netted more than $15 million from gold production as of end-December, which has yielded over 5.3 tonnes of dore bars – a semi-finished product that is smelted at a mine, usually at about 90 per cent purity – since the first commercial gold ...

May Kunmakara
https://www.phnompenhpost.com/business/state-revenues-gold-production-top-15m

$145.8 million earned by Cambodia from rubber exports of 108,000 tonnes in first five months

Cambodia exported 107,938 tons of dry rubber in the first five months of 2023, up 2.5 percent from the 105,248 tons recorded in the same period last year, said a report from the General Directorate of Rubber on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501312532/145-8-million-earned-by-cambodia-from-rubber-exports-of-108000-tonnes-in-first-five-months/

Cambodia, China to kick off joint military drill this week

The Royal Cambodian Armed Forces (RCAF) and the Chinese People’s Liberation Army (PLA) will conduct a joint military drill dubbed “Golden Dragon” from Mar. 23 to April 5 on security protection during major events and emergency rescue during disasters. ...

Khmer Times Staff
https://www.khmertimeskh.com/501259825/cambodia-china-to-kick-off-joint-military-drill-this-week/

NBC closes 104 rural credit institutions

The Coalition of Cambodia Farmers Community said on Thursday that the recent shutdown of 104 rural credit institutions that provided loans to farmers will not affect their livelihoods, saying that past interest rates were high. ...

Meas Molika
https://kiripost.com/stories/cambodia-nbc-closes-104-rural-credit-institutions

Cambodia’s export turnover slightly rises in 11 months

Cambodia exported nearly $20.5 billion worth of goods in the first 11 months of 2023, a slight increase of 1.2% year-on-year, according to a report released recently by the General Department of Customs and Excise. ...

https://www.khmertimeskh.com/501407510/cambodias-export-turnover-slightly-rises-in-11-months/

General Science announces $255 million expansion plan in Cambodia

The 18-month project will add capacity for 3.5 million units of semi-steel radial passenger car tires and 750,000 all-steel truck bus tires per year at the plant, inaugurated in April last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501418887/general-science-announces-255-million-expansion-plan-in-cambodia/

Announcement on issuing authorization to representatives or agents for business registration

On 5 July 2021, the Ministry of Commerce issued an announcement authorizing representatives or agents recognized by the ministry for business registration, whether in the form of a company or partnership. This option is available for businesses that prefer not to register themselves through the ...

Ministry of Commerce

Download: pdf

38 Startups and SMEs receive Khmer Enterprise Assistance packages for business stabilization and expansion

Khmer Enterprise (KE) hosted an event on April 5,2024 to hand over grants for 38 startups and small and medium enterprises (SMEs) to support them to stabilize their business, strengthen operations and enhance their export potential. ...

Khmer Times Staff
https://www.khmertimeskh.com/501468912/38-startups-and-smes-receive-khmer-enterprise-assistance-packages-for-business-stabilization-and-expansion/

GDT nets $75 million from e-commerce

The General Department of Taxation (GDT) earned value-added tax (VAT) of $75.5 million on e-commerce in 2023, a year-on-year increase of 71 percent from $44 million recorded in 2022, an official report showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501429247/gdt-nets-75-million-from-e-commerce/

Investment in financial sector falls 28.7%

Investment in the financial sector declined by 28.7 percent in 2023, despite an increase in foreign direct investment (FDI) of 14.5 percent, according to the National Bank of Cambodia’s (NBC) 2023 annual report. ...

Mao Sreypich
https://kiripost.com/stories/investment-in-financial-sector-falls-287

Ministry of Social Affairs signs agreement with 30 associations and NGOs on 3-Year development project

At least 30 associations and non-governmental organizations (NGOs) have signed an agreement with the Ministry of Social Affairs, Veterans and Youth Rehabilitation to launch a three-year social assistance project in Cambodia worth more than $18.5 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/501441308/ministry-of-social-affairs-signs-agreement-with-30-associations-and-ngos-on-3-year-development-project/

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