ADB pledges support for Kingdom’s finance sector
Minister of Economy and Finance Aun Pornmoniroth has announced that the Asian Development Bank (ADB) has committed to investing in projects related to climate change and private sector development. Those projects will focus on strengthening the financial sector over the next five years, in order ...
Van Socheata
https://www.phnompenhpost.com/national/adb-pledges-support-kingdoms-finance-sector
Two million tourists to visit Cambodia in 2022
As Cambodia navigates a post-pandemic world, international tourist arrivals lag with 1.5m to 2m tourists predicted for 2022. This is estimated to rise to pre-Covid levels of 7m by 2026. ...
Prak Chan Thul
https://kiripost.com/stories/two-million-tourists-to-visit-cambodia-in-2022
Australia unveils plans to develop three agri-food industrial parks
Australia plans to support the Cambodian Government in developing an Agri-food Industrial Park (AIP) in three main provinces. This initiative is expected to benefit the Cambodian economy by generating $5.1 billion and creating 100,000 new jobs, with 50 percent of these opportunities going to women. ...
Meas Molika
https://kiripost.com/stories/australia-unveils-plans-to-develop-three-agri-food-industrial-parks-cambodia
Cambodia’s exports to RCEP members up 27 pct in 11 months: report
Cambodia exported $7.21 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) members in the first 11 months of 2023, up 27 percent from 5.67 billion dollars in the same period last year, a Ministry of Commerce report said on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501413723/cambodias-exports-to-rcep-members-up-27-pct-in-11-months-report/
Calls out for vocational programme enrollments
The Ministry of Labour and Vocational Training has urged young people to promptly register for courses at technical institutes throughout the country. The move follows the government’s official announcement of a national programme on technical and vocational training for 1.5 million young individuals from impoverished ...
Van Socheata
https://www.phnompenhpost.com/national/calls-out-for-vocational-programme-enrollments
Cambodia earns $790 million from rubber article exports
Cambodia earned $789.75 million from the exports of rubber and articles made of rubber in the January to November period of 2023, recording an increase of 74.5 percent compared to the same period last year, according to the latest trade data of the General Department ...
Manoj Mathew
https://www.khmertimeskh.com/501416422/cambodia-earns-790-million-from-rubber-article-exports/
PPAP revenue rise to $8m, all round growth in Q1’24
Phnom Penh Autonomous Port (PPAP) posted a 7.1 percent year-on-year revenue hike at $8.1 million for the first quarter ended March 31, 2024 from $7.5 million, with container throughput climbing 20.4 percent to 93,153 TEUs (twenty-foot equivalent units). ...
Sangeetha Amarthalingam
https://kiripost.com/stories/ppap-revenue-rise-to-8m-all-round-growth-in-q124
Businesses urged to prioritise riel for salary payments
The Governor of the National Bank of Cambodia (NBC), Chea Serey, is encouraging companies and enterprise owners to offer salaries in riel, as the majority of Cambodian workers are paid in dollars. ...
Mao Sreypich
https://kiripost.com/stories/businesses-urged-to-prioritise-riel-for-salary-payments
Cooking fuel
Firewood and charcoal are the main sources of energy for households and many small and medium enterprises, such as brick and tile industries. The cooking fuels used in Cambodia have changed greatly in the last decade. The National Census 2008 showed that 91 percent of ...
High Fuel Prices a Blow to Cambodia’s Covid-hit Tourism Sector
The Cambodian government has lifted all COVID-19 travel restrictions in the hopes of boosting the hard-hit tourism industry, but now businesses say sanctions on Russia and the resulting high energy prices are hampering the sector’s recovery. ...
Sorn Sarath
https://cambojanews.com/high-fuel-prices-a-blow-to-cambodias-covid-hit-tourism-sector/
Socio-economic impact of COVID-19 on Cambodia
The first outbreak of COVID-19 was reported in China in late 2019 and on 30 January 2020 the World Health Organization (WHO) declared it as a Public Health Emergency of International Concern (PHEIC).1 The COVID-19 pandemic has affected the global economy and the growing crisis ...
Elections
Election ballots, Cambodia. Photo by Daniel Littlewood, taken on April 20, 2004. Licensed under CC BY-NC-ND 2.0History of Cambodia’s electionsCambodia saw consecutive civil wars for more than 20 years after the coup in 1970. In 1991, parties in the conflict reached agreement to end the ...
Fund raising: Kingdom may borrow more in 2012
Cambodia could borrow US$1.1 billion from other countries in 2012, 75 per cent more than this year, to help repair infrastructure damaged in flooding and support efforts to increase rice exports to one million tonnes by 2015, a senior official said yesterday. Cheam Yeap, chairman of ...
Environment Minister Defends Concessions
Environment Minister Mok Mareth yesterday defended the recent surge of economic land concessions granted by his ministry inside the country’s enviornmental conservation areas, saying that they would do more to help the areas than hurt them. Mr Mareth’s comments came while responding to questions at ...
IMF’s Cambodia outlook upbeat
Tokyo: The International Monetary Fund has upgraded its outlook on Cambodian GDP growth in 2011 from 6.5 per cent to 6.7 per cent just days after government officials announced a full percentage-point reduction in economic expectations. Stabilisation in the real estate sector, as well as strong increases ...
http://www.phnompenhpost.com/index.php/2011101752154/Business/imfs-cambodia-outlook-upbeat.html
Cambodia Surges Full-Speed Ahead With Land Concessions
The government has already granted roughly 300,000 hectares in economic land concessions (ELC) so far this year, according to data released by a local rights group yesterday. The figure, which amounts to 40 percent of the total land concessions granted in all of 2011, has ...
Press release on a land dispute resolution mechanism for the people
On 02 May 2019, the Ministry of Land Management, Urban Planning and Construction issued a press release on a land dispute resolution mechanism for the people. These include (1) the national and provincial cadastral committees, (2) the National Authority for Land Conflict Resolution, (3) judicial ...
Ministry of Land Management, Urban Planning and Construction
Three new natural protected areas established to be under the management and conservation of Ministry of Environment
On 13 September 2016, the Royal Government of Cambodia has decided to establish three new Natural Protected Areas with a total land area of 27 941.06 hectares to be under the management and conservation of Ministry of Environment. Those three Natural Protected Areas include of ...
Ministry of Environment
IMF Calls on Cambodia to Broaden Tax Base
.Cambodian government must rise its tax revenue intake if it to stay on a sustainable path toward development, International Monetary Fund officials have said. Although Cambodia is experiencing increased growth in trade and investment, the country should broaden its tax base to create sustainable revenue collection, a ...