CDC greenlights 17 projects worth over $140M in Aug as investments diversify
The Council for the Development of Cambodia (CDC) has approved five new projects in solar panel manufacturing, healthcare, tourism, mining, and textiles, with total investment of more than $82 million that are expected to create nearly 2,000 jobs. ...
Over 19,000 businesses registered via IT platform
The number of companies registered through the information technology platform co-developed by multi-ministries has reached 19,072 as of 2 November 2022, according to the figures from the Ministry of Economy and Finance (MEF) yesterday. ...
Kang Sothear
https://www.khmertimeskh.com/501179417/over-19000-businesses-registered-via-it-platform/
PM calls for free transport during Pchum Ben
Aiming to avoid a rise in taxi costs, Prime Minister Hun Sen has urged Phnom Penh City Hall to provide free transport to people during the Pchum Ben festival, as was done before Covid-19. ...
Mao Sreypich
https://kiripost.com/stories/pm-calls-for-free-transport-during-pchum-ben
Kampot oknha arrested over $40M of losses in realty ‘fraud’
Kampot provincial police arrested Chea Saron, who holds the honorific title Oknha, and his eight accomplices for alleged fraud perpetrated on over 2,000 families, bilking them out of nearly $40 million total through “scam” real estate projects. ...
Long Kimmarita
https://www.phnompenhpost.com/national/kampot-oknha-arrested-over-40m-losses-realty-fraud
Cambodia’s economy grew 5.5% in 2022, says PM
Prime Minister Hun Sen yesterday announced that Cambodia’s Gross Domestic Product (GDP) grew by 5.5 percent in 2022, while the tax revenue collected from both customs and taxation grew by 2 percent higher than expected. ...
Kang Sothear
https://www.khmertimeskh.com/501212559/cambodias-economy-grew-5-5-in-2022-says-pm/
Ministry sees 4.5M tourists in 2023
Cambodia received more than 2.16 million international visitors during the first five months of the year, representing 75 per cent of numbers recorded in the same period of the pre-pandemic year of 2019. Minister of Tourism Thong Khon said the ministry hopes to see the ...
Van Socheata
https://www.phnompenhpost.com/business/ministry-sees-45m-tourists-2023
Cash aid for poor, vulnerable households enters 12th round
As of January 24, the government has spent more than $930 million in cash support for poor and vulnerable households affected by Covid-19, with nearly 2.8 million people receiving payments. ...
Lay Samean
https://www.phnompenhpost.com/national/cash-aid-poor-vulnerable-households-enters-12th-round
Cash aid for poor, vulnerable households enters 12th round
As of January 24, the government has spent more than $930 million in cash support for poor and vulnerable households affected by Covid-19, with nearly 2.8 million people receiving payments. ...
Lay Samean
https://www.phnompenhpost.com/national/cash-aid-poor-vulnerable-households-enters-12th-round
Foreign tourist arrivals generated $1.4 billion in 2022
Cambodia welcomed 2.28 million foreign tourists last year, injecting $1.4 billion to the national economy. The Ministry of Tourism’s report showed that the revenue had an increase of 667 percent compared to 2021. ...
Khmer Times Staff
https://www.khmertimeskh.com/501257327/foreign-tourist-arrivals-generated-1-4-billion-in-2022/
Prey Lang Wildlife Sanctuary forest crimes on the rise
The number of forest crimes in Prey Lang Wildlife Sanctuary, spanning across Kampong Thom, Preah Vihear, Kratie and Stung Treng provinces continues to rise. Park rangers have cracked down on 408 crimes over 2,000 hectares and made several arrests. ...
Tith Kongnov
https://www.khmertimeskh.com/501258749/prey-lang-wildlife-sanctuary-forest-crimes-on-the-rise/
Over $960M spent on cash transfer scheme
The government has spent more than $960 million on the cash transfer programme for poor and vulnerable families affected by the Covid-19 pandemic, benefiting nearly 2.8 million people. ...
Sok Raksa
https://www.phnompenhpost.com/national/over-960m-spent-cash-transfer-scheme
Vocational training a key component to Cambodia’s development
Cambodia’s economic success depends on having skilled technicians to meet investors’ demands and labor market needs – and a shortage of human resources could impede the country’s ability to attract the investment it needs. ...
Seng Mengheng
https://kiripost.com/stories/vocational-training-a-key-component-to-cambodias-development
Record farming exports seen for 2023
Cambodia’s agricultural exports surpassed 6.2 million tonnes during the first ten months of the year, amounting to more than $3.5 billion across 74 countries, according to the Ministry of Agriculture, Forestry and Fisheries. ...
Van Socheata
https://www.phnompenhpost.com/business/record-farming-exports-seen-for-2023
Bilateral trade with Thailand nearly $342M
Bilateral trade between Cambodia and Thailand reached $341.8 million in the first month of 2024, marking a slight increase of 0.2% over the same period last year, as reported by the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/bilateral-trade-with-thailand-nearly-342m
Rice exports surge in first half of 2024
Cambodia exported 338,654 tonnes of milled rice in the first six months of 2024, a year-on-year increase of 2.7 percent, the Cambodia Rice Federation (CRF) said on Tuesday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501520193/rice-exports-surge-in-first-half-of-2024/
Techo International Airport ready to be launched in mid-2025
As of the end of July 2024, the construction project of Techo International Airport has achieved more than 80% with a total cost of about 1.2 billion dollars and is scheduled to be completed by the end of 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501552145/techo-international-airport-ready-to-be-launched-in-mid-2025/
Online launch voice
Internet service provider Online is aiming to compete in the voice call market with its latest product, TalkMobile, a Skype-like application for handsets. Customers buy US$2 a month in credit to use the internet-based TalkMobile, and then pay prices ranging from about 6 cents a ...
http://www.phnompenhpost.com/index.php/2011070450152/Business/online-launch-voice.html
Workers urge Angkor boycott
Angkor beer workers have been handing out flyers calling for a protest of the brand owned by Cambrew Ltd as the beer promoter strike entered its second day. International NGOs are being urged by the Cambodian Food Service Workers’ Federation to support the strikers by ...
http://www.phnompenhpost.com/index.php/2011072750661/National-news/workers-urge-angkor-boycott.html
Boss blames panic on alarm
About 2,000 workers fled a garment factory on the outskirts of Phnom Penh and an estimated 30 workers fainted yesterday after sparks started flying from a generator and a fire alarm went off at 10:00am. Chea Mony, president of the Free Trade Union, said the episode ...
http://www.phnompenhpost.com/index.php/2011080550882/National-news/boss-blames-panic-on-alarm.html
More workers faint at factory
About 50 factory workers fainted on Friday at the Zhen Tai Garment (Cambodia) Co Ltd factory on the outskirts of Phnom Penh, the day after a group of workers fainted at the facility. On Thursday, roughly 30 workers fainted and about 2,000 fled the factory ...