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New business registrations in Cambodia rise 55 pct in 5 months

Cambodia’s Ministry of Commerce said Friday that it has granted operating licenses to 1,676 new firms in the first five months of 2014, up 55 percent as compared with the 1,084 companies for the same period last year. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-06/20/c_133424091.htm

Kingdom to spend nearly $60 billion on development until 2023

Cambodia will spend nearly $60 billion under the National Strategic Development Plan 2019-2023 and 75 percent of the funding will come from development partners. ...

Ben Sokhean
https://www.khmertimeskh.com/50658074/kingdom-to-spend-nearly-60-billion-on-development-until-2023/

Kandal aims for full clean water access by 2023

Kandal provincial governor Kong Sophorn yesterday promised to provide clean and safe water access for all by 2023. Currently, around 81 percent of households in the province have access. Speaking during a press conference held at the Council of Ministers, Mr Sophorn said people across ...

Va Sonyka
https://www.khmertimeskh.com/50728075/kandal-aims-for-full-clean-water-access-by-2023/

Cambodia, China renew pledge for $10B in trade value by 2023

Cambodia and China are committed to increasing bilateral trade to $10 billion by 2023, from $8 billion last year, according to a senior official at the Cambodian Ministry of Commerce. ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-china-renew-pledge-10b-trade-value-2023

Japan FM tells Cambodia’s future Prime Minister Hun Manet to hold 2023 election in democratic way

Japan wants Cambodia to hold next year’s general election in a democratic way, Foreign Minister Yoshimasa Hayashi told the heir apparent of Cambodian Prime Minister Hun Sen, Hun Manet on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501025363/japan-fm-tells-cambodias-future-prime-minister-hun-manet-to-hold-2023-election-in-democratic-way/

Gov’t lowers 2023 growth forecast from 6.6% to 5.6%

The government has revised down its 2023 growth forecast for the Cambodian economy to 5.6 per cent versus the 6.6 per cent it put forth in October, citing uncertainty about global economic growth tied to the Ukraine conflict, climate change and the Covid-19 crisis. ...

Hin Pisei
https://www.phnompenhpost.com/national/govt-lowers-2023-growth-forecast-66-56

Unemployment rate to fall to 0.3 percent in 2023

Cambodia’s unemployment rate is expected to decline to 0.3 percent in 2023 from 0.4 percent last year, according to the latest figures released on Sunday by the labour ministry based on the data of the United Nations agency International Labour Organisation (ILO). ...

Kang Sothear
https://www.khmertimeskh.com/501354673/unemployment-rate-to-fall-to-0-3-percent-in-2023/

WB sticks to Cambodia’s 5.2% growth forecast for 2023

World Bank has maintained the 2023 economic growth rate forecast for Cambodia at 5.2 percent while it lowered the prospects for the neighbouring countries Vietnam and Thailand from its October 2022 estimates. ...

Manoj Mathew
https://www.khmertimeskh.com/501266499/wb-sticks-to-cambodias-5-2-growth-forecast-for-2023/

CAPFISH-Capture receives 2023 GEM Award in Austria

The CAPFISH-Capture: Post-harvest Development project team in Cambodia received the 2023 Gender Equality Mobilisation Award (GEM Award) at the United Nations Industrial Development Organisation (UNIDO)’s General Conference on Tuesday in Vienna, Austria. ...

Hang Punreay
https://www.khmertimeskh.com/501399965/capfish-capture-receives-2023-gem-award-in-austria/

Cambodia sees close to 20,000 in drug related arrests in 2023

Cambodia has seen a spike in the number of people arrested in drug involvements despite a drop in the amount of narcotics seized in 2023, according to an Anti-Drug Police Department (ADP) report on Friday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501418609/cambodia-sees-close-to-20000-in-drug-related-arrests-in-2023/

Cambodia’s exports to EU down 9.3% in 2023

Cambodia’s exports to the European Union (EU) last year were worth $3.66 billion – a more than nine percent decrease from the $4.04 billion registered in 2022, according to the Ministry of Commerce. ...

Chea Vanyuth
https://www.khmertimeskh.com/501424860/cambodias-exports-to-eu-down-9-3-in-2023/

Siem Reap sees property gains fuelled by tourism, economic integration

Siem Reap city land prices have continued to increase year-on-year since 2008, despite the impact of the global economic crisis elsewhere. Sorn Seap, general manager of KEY Real Estate, said that land prices in Siem Reap city in early 2014 saw an increase of 15 per ...

Sum Manet
http://www.phnompenhpost.com/real-estate/siem-reap-sees-property-gains-fuelled-tourism-economic-integration

Commune/Sangkat budget

Joint Accountability Action Plan (JAAP) meeting in Andoung Pou commune, Romeas Haek district, Svay Rieng province. Photo by Open Development Cambodia Team, taken on 26 June 2018. Licensed under CC BY-SA 4.0The budget of khan/municipality and commune/sangkat administrations is included under the budget of the ...

ASEAN FTA with Hong Kong, China on track

Trade between Cambodia and Hong Kong is rising fast, expanding from about $1 billion in 2014 to $1.3 billion last year year, Veng Sothy, an Undersecretary of State at the Commerce Ministry, told a meeting in Siem Reap Friday. ...

Sok Chan
http://www.khmertimeskh.com/news/22681/asean-fta-with-hong-kong--china-on-track/

PM wants to boost tourism

The government through the Ministry of Tourism is set to give a major boost to the country’s tourism sector to bolster the economy, said Prime Minister Hun Sen yesterday. ...

Sok Chan
http://www.khmertimeskh.com/5083858/pm-wants-boost-tourism/

Year of the Snake lures 85,000 visitors to Kampot

Almost 85,000 visitors traveled to Kampot over the first three days of the Lunar New Year. The 84,917 visitors included 1,252 foreigners with the Bokor Mountain resort alone attracting 67,548 visitors including 1,004 foreigners, [a tourism official] said. ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZTkxNjBjZmNjN2M

VN donates rice to victims of Cambodian floods

The National Assembly of Viet Nam presented 1,000 tonnes of rice to Cambodian flood victims at a ceremony held in Phnom Penh yesterday. The latest floods took the lives of 80 people and resulted in economic losses of around US$1 billion. ...

Saigon-GP Daily News Staff
http://www.saigon-gpdaily.com.vn/National/2013/11/106808/

Swedish aid

Sweden’s Ambassador to Cambodia, His Excellency Björn Häggmark, shook hands with Prime Minister Hun Sen, dated 04 December 2019. Photo from Prime Minister Hun Sen’s Facebook page.Cambodia and Sweden established their diplomatic ties in 1961. Sweden started to provide the first development cooperation support in ...

Private firm takes over responsibility for work permits

The Ministry of Labor passed all responsibility for foreign work permits today to E-Solutions (Cambodia) Co., leaving a multitude of unanswered questions about the private company that will process, produce and distribute the permits online. Ministry spokesman Heng Sour declined to answer questions about the company, ...

Sek Odom and Janelle Retka
https://www.cambodiadaily.com/news/private-firm-takes-responsibility-work-permits-117428/

Construction sector investment soars

Investment in the Cambodian construction sector reached US$1.38 billion in the first seven months of 2012, an 85-percent rise over the same period last year, according to figures from the Ministry of Land Management, Urban Planning and Construction. During the January to July period this year, the ministry ...

http://etmcambodia.com

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