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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

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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/

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

Energy

Cambodia has undergone rapid economic development in recent decades, with GDP per capita tripled between 1999 and 2013. However, mainly due to three decades of war and political turmoil which severely damaged the country’s infrastructure, the country still lacks the means required for energy sector ...

Electricity production

In Cambodia, electricity demands have been forecast to grow at 17.9 percent annually from 2012 to 2020.1 Distribution of electricity around the country has been a challenge: according to UN data, 79 percent of people live in rural areas,2 and the entire national population had grown ...

Partnerships and collaborations

Ministry of PlanningODC and the Ministry of Planning has formed a collaborative partnership with an effort to engage CSOs in and strengthen the implementation and review process of the country-specific goals of the UN 2030 agenda for sustainable development.Read moreMinistry of Education, Youth and SportOpen ...

Primary school

Cambodia’s education system is structured into a 6+3+3 formula -students spend their first 6 years in primary school (grades 1–6), followed by 3 years in secondary school (grades 7–9)  and 3 years in high school (grades 10–12) before sitting the diploma examination.37 Cambodian students are ...

Announcement: Data literacy training

Open Development Cambodia (ODC), with financial assistance from USAID’s Cambodian Civil Society Strengthening project, is delighted to announce a series of Training on Data Literacy that consists of THREE training modules and a final workshop. Each phase is a 5-day workshop that will progressively equip ...

Open Development Cambodia

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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/

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