IMF cuts 2011 growth outlook to below 6%
Damage to Cambodia’s rice crop from widespread flooding earlier this year will likely cause economic growth to fall below 6 percent, according to the International Monetary Fund (IMF), which yesterday offered the lowest gross domestic product (GDP) prediction so far In a statement, the IMF chose ...
Cambodia's economy to grow by 6.7% this year: WB
Cambodia’s economy is expected to grow by 6.7 percent in 2013 thanks to anticipating increases in agriculture, foreign direct investment (FDI) and tourism, the World Bank said in its latest outlook Wednesday. “The growth is based on achieving the dividends from focus on higher rice ...
http://news.xinhuanet.com/english/business/2013-01/16/c_132106591.htm
Cambodia to establish int'l committee for safeguarding, developing world heritage Preah Vihear
ambodia is working with UNESCO to form an International Coordinating Committee for the Safeguarding and Development of the Historic Site of Preah Vihear (ICC-Preah Vihear), Deputy Prime Minister and Cabinet Minister Sok An said Tuesday. Speaking during a meeting with South Korean Ambassador to Cambodia Kim ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/culture/2014-08/19/c_133568463.htm
FASMEC partners to introduce SME clusters
The Federation of Associations of Small and Medium-size Enterprise of Cambodia (FASMEC) will cooperate with the Thailand-based Mekong Institute to train master teachers in an effort to implement a small and medium enterprise (SME) cluster and export consortia in the coming years, according to officials. The two-day workshop ...
Demand for quality rice seed development
To enhance Cambodian rice yields, the government should encourage private development of rice-seed production and focus its efforts on farmers’ education and regulations that ensure the quality of seed, industry experts say. The Cambodian Agricultural Research and Development Institute (CARDI), under the direction of the Ministry ...
http://www.phnompenhpost.com/2013042565221/Business/demand-for-quality-rice-seed-development.html
China major contributor to Cambodia's agricultural development: Cambodian minister
China has played a key role in helping develop agriculture in Cambodia, Cambodian Minister of Agriculture, Forestry and Fisheries Veng Sakhon said. ...
Nguon Sovan and Mao Pengfei
http://www.xinhuanet.com/english/2018-07/15/c_137325483.htm
CNRP looks for quieter plan of action as labor strike looms
When a group of six unions organized nationwide strikes in December demanding a $160 minimum wage, the opposition CNRP aggressively took up the cause. Opposition leaders rallied support outside factory gates around the country and tens of thousands of garment workers flooded into Phnom Penh’s Freedom ...
Colin Meyn and Phorn Bopha
http://www.cambodiadaily.com/news/cnrp-looks-for-quieter-plan-of-action-as-labor-strike-looms-53527/
Student housing falls short in quality, livability and safety
Living in a compact space is just a part of university life, especially for students who come from the provinces to study in Phnom Penh. While the city keeps building an abundance of international-standard complexes, almost none of these are realistic choices for students, many ...
Natalie Leung and Catherine Harry
http://www.phnompenhpost.com/real-estate/student-housing-falls-short-quality-livability-and-safety
China’s ‘Belt and Road’ policy benefits Cambodia, analysts say
The multi-trillion-dollar scheme proposed by Chinese premier Xi Jinping in 2013 aims to promote economic integration across Eurasia by investing in a “Silk Road Economic Belt” and “Maritime Silk Road”, comprising transnational economic corridors and new trade arrangements. ...
Hean Socheata
http://www.voacambodia.com/a/china-belt-and-road-policy-benefits-cambodia-analysts-say/3859343.html
Cambodia, Russia to hold 11th Inter-Governmental Commission for Trade, Economic, Scientific, and Technical Cooperation next year
Cambodia and Russia have agreed to organise the 11th Inter-Governmental Commission for Trade, Economic, Scientific, and Technical Cooperation in early 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501374628/cambodia-russia-to-hold-11th-inter-governmental-commission-for-trade-economic-scientific-and-technical-cooperation-next-year/
Cambodian PM reaffirms his success at ASEAN Summit in Jakarta
Cambodian Prime Minister Dr Hun Manet Saturday reaffirmed his successful mission in the 43rd ASEAN Summit and Related Summits in Indonesia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501357792/cambodian-pm-reaffirms-his-success-at-asean-summit-in-jakarta/
Tourism Sector Faces Dearth of Skilled Labor
With the number of tourists visiting the country increasing rapidly, hotels are coming under strain due to lack of skilled chefs and waiters in the industry, according to hotel managers. In the first six months of 2012, international visitors reached 1.75 million, a 26.8 percent ...
Cambodia-China ties in trade, investment, tourism look better: commerce minister
The ties between Cambodia and China in trade, investment and tourism have steadily grown from year to year thanks to good relations between the two countries, Cambodian Minister of Commerce Cham Prasidh said Tuesday. “China is one of our key trading partners. The two-way trade volume ...
PM pushes for agricultural diversification
Prime Minister Hun Manet yesterday called for efforts to promote agricultural products, especially through diversification, for the betterment of farmers’ livelihoods. ...
Chea Vanyuth
https://www.khmertimeskh.com/501515572/pm-pushes-for-agricultural-diversification/
ICC Angkor-Sambo Prei Kuk Conference focuses on local community conservation and development
The Ministry of Culture and Fine Arts has announced that one of the outcomes of the Fourth Intergovernmental Conference on Angkor and Sambor Prei Kuk is to focus on conservation, development and strategic planning for local communities around the Angkor Archaeological Park to support economic ...
Cambodia's SEZ exports expected to hit 1.2 bln USD in 2015
Exports from Special Economic Zones (SEZs) in Cambodia are projected to reach about 1.2 billion U.S. dollars this year, up 87 percent year-on-year, a local English newspaper reported Tuesday, citing figures from the Commerce Ministry.Exports from SEZs totalled 672 million U.S. dollars last year. ...
Global Post News Staff
http://www.globalpost.com/article/6705473/2015/12/15/cambodias-sez-exports-expected-hit-12-bln-usd-2015
Move to increase cross-border trade with Cambodia
THAILAND AND Cambodia will work on strategies next month in a bid to boost bilateral trade by 30 per cent a year over the next five years, while also stimulating more investment in planned special economic zones (SEZs). ...
Petchanet Pratruangkrai
http://www.nationmultimedia.com/business/Move-to-increase-cross-border-trade-with-Cambodia-30273937.html
Foreign tourists to reach 3m in 2023
Tourism leaders remain confident the sector will further rebound in 2023, attracting three million international arrivals. ...
Chhorn Raksmey
https://kiripost.com/stories/foreign-tourists-to-reach-3m-in-2023
COVID-19 crisis pushes Cambodia’s economy to negative growth for the first time, says Ministry
As the global economy continues to reel from the compounded crises of Covid-19 and Ukraine-Russia, Cambodia has not been able to go through them unaffected. The Covid-19 crisis has pushed Cambodia’s economy to negative growth for the first time in 2020 due to a sharp ...
Khmer Times Staff
https://www.khmertimeskh.com/501097431/covid-19-crisis-pushes-cambodias-economy-to-negative-growth-for-the-first-time-says-ministry/
NBC, ERIA join hands to develop strategy for green digital finance
The National Bank of Cambodia (NBC) and the Economic Research Institution for ASEAN and East Asia have recently entered cooperation to develop a strategy for green digital finance in Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501479400/nbc-eria-join-hands-to-develop-strategy-for-green-digital-finance/