Economy and commerce
More Cambodian farm produce enters Vietnam
Cambodia exported much bigger volumes of agricultural products to Vietnam in the first eight months of this year, said the Vietnam Trade Office in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/50930456/more-cambodian-farm-produce-enters-vietnam/
Is Cambodia on track to open for tourism in November?
With Phnom Penh becoming the most vaccinated city in Southeast Asia, moves are by the Ministry of Tourism and other related sub committees to formulate a workable plan within Cambodia’s tourism and investment sectors to work towards a possible reopening of borders for fully vaccinated ...
Khmer Times Staff
https://www.khmertimeskh.com/50930468/is-cambodia-on-track-to-open-for-tourism-in-november/
Unions to request 11.6% raise to minimum wage
Seventeen union representatives from the Wage Negotiation Working Group have agreed to negotiate for a $22.20 increase in salaries for textile, garment and footwear workers for 2022. ...
Long Kimmarita
https://www.phnompenhpost.com/national/unions-request-116-raise-minimum-wage
Investing wisely in the securities market using Buffett’s time-tested techniques
Investing in the stock exchange can be a successful way of making money, whether as a source of additional cash to supplement income, generating “passive income” or even in achieving “financial freedom”. ...
International tourists to Cambodia through the three airports decreased by 92%
The number of foreign tourists visiting Cambodia through the three international airports in the first seven months of 2021 was about 50,000, down more than 92 percentage compared to the same period in 2020. According to data from the Ministry of Tourism. ...
Hin Pisei
https://www.postkhmer.com/business/2021-09-06-1435-223076.html
Gov’t leases 370ha to firm for crab farming
The government has agreed in principle to lease more than 370ha of state public land in Koh Kong province’s Sre Ambel district to a private company with plans to develop a natural crab aquaculture area and a small port. ...
Voun Dara
https://www.phnompenhpost.com/national/govt-leases-370ha-firm-crab-farming
KE, AmCham join forces on SME ecosystem
The government-funded Khmer Enterprise (KE) and the American Chamber of Commerce in Cambodia (AmCham) have forged a partnership that will centre on building and promoting a sustainable and workable ecosystem for small- and medium-sized enterprises (SME) and entrepreneurs in the Kingdom. ...
May Kunmakara
https://www.phnompenhpost.com/business/ke-amcham-join-forces-sme-ecosystem
Cambodia’s seven-month exports to US surge 27 percent
Cambodia’s exports were valued at $4,298 million in the first seven months of this year, a year-on-year increase of 26.8 percent, according to data from the US Census Bureau. ...
Chea Vanyuth
https://www.khmertimeskh.com/50929929/cambodias-seven-month-exports-to-us-surge-27-percent/
BRI projects help Cambodia cushion economic fallout of COVID-19 pandemic
Cambodian government chief spokesman Phay Siphan said BRI projects here like the construction of the Phnom Penh-Sihanoukville expressway, the new Siem Reap international airport, the national stadium, and the Sihanoukville Special Economic Zone (SSEZ) among others, have provided tremendous benefits to Cambodia’s economic development during ...
Khmer Times Staff
https://www.khmertimeskh.com/50929789/bri-projects-help-cambodia-cushion-economic-fallout-of-covid-19-pandemic-2/
Vietnam trade passes $6B in Jan-Jul
The bilateral trade volume between Cambodia and Vietnam topped $6 billion in the first seven months of 2021, more than doubling over the same period last year even, as both countries amp up their battles against the novel coronavirus and its more virulent variants. ...
Thou Vireak
https://www.phnompenhpost.com/business/vietnam-trade-passes-6b-jan-jul
Cambodia’s pepper exports soar over 500 percent in first eight months
Cambodia has exported 24,847 tonnes of pepper to foreign markets in the first eight months of this year, according to Veng Sakhon, Minister of Agriculture, Forestry, and Fisheries. ...
Khmer Times Staff
https://www.khmertimeskh.com/50928495/cambodias-pepper-exports-soar-over-500-percent-in-first-eight-months/
Cashew exports grows by 340 percent
Figures from the Ministry of Agriculture, Forestry and Fisheries show that from January to August 2021, Cambodia exported about 876,521 tonnes of cashew products to foreign markets, a significant increase of 340 percent compared to the same period the previous year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50928483/cashew-exports-grows-by-340-percent/
2nd phase of business registration system up
The Royal Government of Cambodia (RGC) on September 1 deployed Phase II of its online business registration platform, known as the “Single Portal”. ...
Thou Vireak
https://www.phnompenhpost.com/business/2nd-phase-business-registration-system
BRI projects help Cambodia cushion economic fallout of COVID-19 pandemic
Projects under the Belt and Road Initiative (BRI) have been helping buffer Cambodia’s economic development against the fallout of COVID-19, officials and academics said in recent interviews. ...
Khmer Times Staff
https://www.khmertimeskh.com/50927813/bri-projects-help-cambodia-cushion-economic-fallout-of-covid-19-pandemic/
Council for the Development of Cambodia approves 211 Japanese investment projects
The Council for the Development of Cambodia (CDC) has approved 211 Japanese investment projects worth about $3.14 billion to invest in Cambodia as of July 2021, according to a CDC’s press release. ...
Hin Pisei
https://www.postkhmer.com/business/2021-09-01-1042-222828.html
Cambodia Association of Travel Agents: Reopen tourism to put Cambodia on the map
The speed of the government’s Covid-19 vaccination campaign will provide significant opportunities for Cambodia to welcome back fully-vaccinated international visitors, as the Kingdom gears up to host the ASEAN Tourism Forum (ATF) on January 16-22, Cambodia Association of Travel Agents (Cata) president Chhay Sivlin affirmed. ...
Thou Vireak
https://www.phnompenhpost.com/business/cata-reopen-tourism-quickly-put-cambodia-map
2nd phase of business registration system up
The Royal Government of Cambodia (RGC) on September 1 deployed Phase II of its online business registration platform, known as the “Single Portal”. ...
Thou Vireak
https://www.phnompenhpost.com/business/2nd-phase-business-registration-system
Kingdom’s largest rice exporter leads farmers in diversifying crops
Amru Rice, Cambodia’s largest producer and exporter of the grain, is working with its farmers to diversify beyond the country’s largest agriculture product and grow other foodstuffs, including black pepper, cassava and cashews. ...
Husain Haider
https://www.khmertimeskh.com/50926884/kingdoms-largest-rice-exporter-leads-farmers-in-diversifying-crops/
CDC hosts Japan investor meet
The Council for the Development of Cambodia (CDC) has approved a cumulative 211 Japanese investment projects as of July 31 worth about $3.14 billion since its inception in 1994, according to the CDC. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-hosts-japan-investor-meet
Four agencies join Single Portal for new phase
The Ministry of Economy and Finance on September 1 is due to deploy Phase II of its online business registration platform, also known as the “Single Portal”, it said in a press release. ...
Thou Vireak
https://www.phnompenhpost.com/business/four-agencies-join-single-portal-new-phase
Cambodia Trade to launch in weeks
Cambodia Trade, an online marketplace for small and medium enterprises (SMEs), is scheduled to operate officially in weeks after 16 firms were approved by the Ministry of Commerce to display their products. ...
Chea Vanyuth
https://www.khmertimeskh.com/50926885/cambodia-trade-to-launch-in-weeks/
Japanese investments to diversify economy praised
The 22nd Cambodia-Japan Joint Committee met via video conference with more than 130 members of the private sector in attendance this week. Discussions focused on minimum wage, taxes, logistics, energy supply, automobile imports, human resource development and organising workshops to better understand supply chains, according ...
Husain Haider
https://www.khmertimeskh.com/50927114/japanese-investments-to-diversify-economy-praised/
2030 innovation roadmap to make headway on key economic visions
The Royal Government of Cambodia (RGC) has launched the five-pillared Cambodia Science, Technology and Innovation Roadmap for 2030, in a bid to create an ecosystem of knowledge management, creativity and entrepreneurial spirit, designed to be inclusive, sustainable and conducive to the relevant economic sectors and ...
Thou Vireak
https://www.phnompenhpost.com/business/2030-innovation-roadmap-make-headway-key-economic-visions
Ministry of Commerce and Wing Bank sign MoU to strengthen CambodiaTrade marketplace with digital payments
The Ministry of Commerce on Monday signed a memorandum of understanding (MoU) with Wing Bank (Cambodia) Plc on easing payments for consumers trading on the ministry’s CambodiaTrade marketplace. ...
May Kunmakara
https://www.phnompenhpost.com/national/ministry-commerce-and-wing-bank-sign-mou-strengthen-cambodiatrade-marketplace-digital