Economy and commerce
Cambodia gets $1.29 billion China investment in H1
The Cambodia-China Free Trade Agreement (CCFTA) and the Regional Comprehensive Economic Partnership (RCEP) helped attract more investment from China to Cambodia in the first half of this year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501118633/cambodia-gets-1-29-billion-china-investment-in-h1/
$1.5b real estate project launches in Phnom Penh
Hong Kong-based Sunwah Group has launched a $1.5 billion real estate project in Phnom Penh, saying it will represent a new symbol of Cambodia’s high-quality life. ...
Penh Chamroeun
https://kiripost.com/stories/15b-real-estate-project-launches-in-phnom-penh
Growth of fruit exports to China highlights effectiveness of Cambodia-China FTA
The export of agricultural products, especially fresh fruits, has become an important part of the improving of the living standards of farmers and promote national economic growth. Cambodia has seen an increase in fruit exports to China under the Cambodia-China Free Trade Agreement. ...
Khmer Times Staff
https://www.khmertimeskh.com/501118917/growth-of-fruit-exports-to-china-highlights-effectiveness-of-cambodia-china-fta/
Cambodia’s milled rice export up 16% in H1
Cambodia exported 327,000 tonnes of milled rice in the first semester this year, an increase of 16 percent compared to the same period last year, earning the country $279 million, according to a report by the Cambodia Rice Federation (CRF). ...
Chea Vanyuth
https://www.khmertimeskh.com/501115793/cambodias-milled-rice-export-up-16-in-h1/
Sihanoukville SEZ H1 trade surges 38%
The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) in the country registered a 38 percent year-on-year increase, according to reports. ...
Adur Pradeep
https://www.khmertimeskh.com/501115794/sihanoukville-sez-h1-trade-surges-38/
May records decade’s highest inflation in Cambodia
Inflation rose to 7.2 percent in May this year in the country, the highest in the last decade, the National Bank of Cambodia (NBC) said yesterday, adding that it has unleashed a set of measures to control the inflationary pressures and protect the purchasing power ...
Chea Vanyuth
https://www.khmertimeskh.com/501116556/may-records-decades-highest-inflation-in-cambodia/
Cambodia’s unemployment rate lowest in Asean
The unemployment rate for Cambodia is expected to be at 0.31 percent this year, which is the lowest among all member states of the Association of Southeast Asian Nations (Asean), according to the Asean Information Center. ...
Kang Sothear
https://www.khmertimeskh.com/501116561/cambodias-unemployment-rate-lowest-in-asean/
Cambodia collects $3.26 billion in tax revenue in H1, up 22 percent
Cambodia collected $3.26 billion from all sources of taxes in the first half of 2022, up 22 percent from 2.67 billion dollars over the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501116922/cambodia-collects-3-26-billion-in-tax-revenue-in-h1-up-22-percent/
$84.5 million investment project approved to produce solar panels
The Council for the Development of Cambodia (CDC) has approved an investment project worth $84.5 million that will need about 1,000 workers to manufacture solar panels in an industrial zone in Kratie province, according to a release by the CDC. ...
Kang Sothear
https://www.khmertimeskh.com/501115792/84-5-million-investment-project-approved-to-produce-solar-panels/
MB to set up commercial bank in Cambodia
The State Bank of Vietnam (SBV) has issued a written document allowing the Military Commercial Joint Stock Bank (MB) to establish a 100 percent-owned bank in Cambodia on the ground of its branch in Phnom Penh. ...
Khmer Times Staff
https://www.khmertimeskh.com/501116192/mb-to-set-up-commercial-bank-in-cambodia/
Cambodia sees cassava exports increase by 40 percent in H1
In the first half of 2022, Cambodia exported 2.3 million tons of cassava products, an increase of about 40 percent compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501116199/cambodia-sees-cassava-exports-increase-by-40-percent-in-h1/
CDC approves four new projects worth more than $100 million
Cambodia continues to attract large investments, with the latest being four CDC-approved investments worth more than $100 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/501116207/cdc-approves-four-new-projects-worth-more-than-100-million/
Cambodia’s rice export to China up over 17 pct in H1
Cambodia exported 168,280 tons of milled rice to China in the first half of 2022, up 17.4 percent over the same period last year, said an official report on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501115402/cambodias-rice-export-to-china-up-over-17-pct-in-h1/
Phnom Penh Autonomous Port sees H1 revenue surging
Public-listed stated-owned enterprise Phnom Penh Autonomous Port (PPAP) recorded a 29 percent increase in unaudited revenue to $19.76 million in January-June period this year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501113592/phnom-penh-autonomous-port-sees-h1-revenue-surging/
Kampot clocks in more than 12,000 tonnes of seafood yield in H1
Throughout the first half of 2022, fishermen across Kampot province harvested approximately more than 12,000 tonnes of freshwater and saltwater fish and crustaceans. ...
Khmer Times Staff
https://www.khmertimeskh.com/501114704/kampot-clocks-in-more-than-12000-tonnes-of-seafood-yield-in-h1/
Hun Sen proposes investments in rice sector to Bangladesh's foreign minister
Prime Minister Hun Sen urged Bangladeshi investors to invest in the rice sector in Cambodia by building rice mills and buying rice from Cambodian farmers to export to Bangladesh. ...
Cambodia’s first semester rubber exports amount to $215 million
Cambodia exported 135,137 tonnes of rubber in the first half of 2022, a 3 percent increase compared to the same period last year, earning $215 million as revenue, up 2.9 percent. ...
Khmer Times Staff
https://www.khmertimeskh.com/501113188/cambodias-first-semester-rubber-exports-amount-to-215-million/
CCF on mission to tackle counterfeits
Each year, more than 1,000 tonnes of counterfeit products are discovered and seized by officials of the General Department of Consumer Protection, Competition and Fraud Repression (CCF). The counterfeit products are usually consumer goods, including food and beverage products that can affect the health of ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national-post-depth/ccf-mission-tackle-counterfeits
1,000 unfinished constructions show aftermath of a ‘boom’
Aing Bunath acknowledges that local residents were getting a little greedy during Sihanoukville’s online gambling boom in recent years. ...
Mech Dara
https://vodenglish.news/1000-unfinished-constructions-show-aftermath-of-a-boom/
RCEP, CCFTA give boost to e-commerce development
The Regional Comprehensive Economic Partnership (RCEP) trade pact and the Cambodia-China Free Trade Agreement (CCFTA) have given a boost to the fledgling e-commerce industry in Cambodia, experts said on Monday . ...
Khmer Times Staff
https://www.khmertimeskh.com/501111535/rcep-ccfta-give-boost-to-e-commerce-development/
Effective steps helped Kingdom’s tourism sector recovery
The Covid-19 pandemic has had an unprecedented impact on Cambodia’s tourism sector however, it was handled well with the proactive efforts of the government and the timely introduction of socio-economic development policies, a top tourism official has said. ...
Sok Sithika
https://www.khmertimeskh.com/501111392/effective-steps-helped-kingdoms-tourism-sector-recovery/
Cambodia exports surge 40 percent in H1
Cambodia saw high growth in exports in the January-June period this year, driven by the resumption of socio-economic activities, trade preferences in the Regional Cooperation Economic Partnership and the bilateral free trade agreement with China. ...
Chea Vanyuth
http://khmertimeskh.com/501111390/cambodia-exports-surge-40-percent-in-h1/
Cambodia’s trade volume up 20 percent in first half of 2022
Cambodia’s total trade volume was valued at $27.2 billion in the first half of 2022, up 20 percent from 22.6 billion dollars over the same period last year, according to an official report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501111765/cambodias-trade-volume-up-20-percent-in-first-half-of-2022/
Rise in digital payments driving force for e-commerce growth in Cambodia
The sharp rise in digital payments is a driving force for the development of e-commerce in Cambodia, Jack Lee, chief executive officer and founder of online market Smile Shop in Cambodia, said on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501111773/rise-in-digital-payments-driving-force-for-e-commerce-growth-in-cambodia/