News

South Korea to approve $1.5b loan to develop Cambodia’s economy

A signing ceremony will see South Korea approve a $1.5 billion loan to improve electricity in Sihanoukville and build a bridge connecting Phnom Penh with Areyksat ...

Meas Molika
https://kiripost.com/stories/south-korea-to-approve-15b-loan-to-develop-cambodias-economy

Cambodia marks national anti-human trafficking day

Cambodia on Monday celebrated the 16th National Anti-Human Trafficking Day, with approximately 3,000 participants. ...

Khmer Times Staff
https://www.khmertimeskh.com/501201525/cambodia-marks-national-anti-human-trafficking-day/

World-Bays Club delegates plant over 3,000 young mangrove trees

Some 130 delegates of the Most Beautiful Bays in the World (World-Bays Club) from more than 20 countries has planted more than 3,000 young mangrove trees to contribute to the sustainability of Cambodia’s coastal ecosystem. ...

Khmer Times Staff
https://www.khmertimeskh.com/501201508/world-bays-club-delegates-plant-over-3000-young-mangrove-trees/

More than 70 families of Sna Sangkram resubmit fingerprints to request settlement after the authorities refused

Nearly 100 people representing more than 70 families in Sna Sangkram village, Balong commune, Prasat Bakong district, Siem Reap province, having land dispute with APSARA Authority resubmitted fingerprints to the commune and district authorities today to request a land settlement after the authorities refused. ...

Khut Sokun
https://www.vodkhmer.news/2022/12/12/families-submit-new-fingerprints-to-resolve-land-dispute-after-authorities-refuse/

Cambodia-Australia forge close partnership in addressing gender-based violence

Australia is strongly committed to promoting women and girls’ safety, growth and well-being, reaffirmed the Australian Embassy in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501201412/cambodia-australia-forge-close-partnership-in-addressing-gender-based-violence/

Inter-agency meet hoped to ratchet up live-pig rates

An inter-ministerial meeting scheduled for December 19 is set to explore solutions for the plummeting domestic live pig prices seen in recent weeks, raising hopes among farmers for rates to return at the very least to sustainable levels. ...

Hin Pisei
https://www.phnompenhpost.com/business/inter-agency-meet-hoped-ratchet-live-pig-rates

$3.38 billion worth of oil and gas products imported by Cambodia in first 11 months

Cambodia have imported oil and gas products worth $3.38 billion in the first 11 months of 2022, up almost 58 percent over the same period last year, a report from the General Department of Customs and Excise said on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501201457/3-38-billion-worth-of-oil-and-gas-products-imported-by-cambodia-in-first-11-months/

ADB okays $73M financing package for marine fisheries

The Asian Development Bank (ADB) has announced that it greenlit a $73 million financing package on December 7 to improve the sustainability and climate resilience of the Kingdom’s marine fisheries subsector. ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-okays-73m-financing-package-marine-fisheries

Jan-Nov SSEZ import-export volumes surpass $2.2B

The volume of imports and exports of the Sihanoukville Special Economic Zone’s (SSEZ) tenants totalled $2.246 billion in the first 11 months of 2022, marking a 12.24 per cent rise year-on-year from $2.001 billion, statistics provided by the operator indicate. ...

Hin Pisei
https://www.phnompenhpost.com/business/jan-nov-ssez-import-export-volumes-surpass-22b

World-Bays Club plants nearly 2.4K mangroves

Officials from the Ministry of Tourism and Preah Sihanouk Provincial Administration led a delegation from the 16th World Congress of the World-Bays Club to plant 2,388 mangrove tree saplings on December 11 in Prey Nop district.​ ...

Vann Sak
https://www.phnompenhpost.com/national/world-bays-club-plants-nearly-24k-mangroves

Residents in Oddar Meanchey province say authorities threaten to arrest and destroy their houses if they do not move out of disputed land

Residents in a land dispute with the Sok Samnang Rubber Plantation Company in Trapeang Prasat commune, Trapeang Prasat district, Oddar Meanchey province, claim that authorities have threatened to arrest and destroy their homes if they do not agree to demolish their houses from disputed land. ...

Khut Sokun
https://www.vodkhmer.news/2022/12/08/residents-in-oddar-meanchey-say-authorities-threaten-to-arrest-and-demolish-houses/

Cambodian PM leaves for Europe tour

Hun Sen, Prime Minister of the Kingdom of Cambodia, Chair of ASEAN 2022, is leading a high-level delegation to attend and co-chair the ASEAN-EU Commemorative Summit to celebrate the 45th Anniversary of ASEAN-EU Dialogue Relations with Charles Michel, President of the European Council, in Brussels, ...

Khmer Times Staff
https://www.khmertimeskh.com/501200916/cambodian-pm-leaves-for-europe-tour/

World Bank says Cambodia’s exports to the United States more diversified than to the EU

The World Bank in its Cambodia Economic Update issued earlier this month said that the country’s Cambodia’s exports to the United States are more diversified than those to the EU. ...

Khmer Times Staff
https://www.khmertimeskh.com/501200937/world-bank-says-cambodias-exports-to-the-united-states-more-diversified-than-to-the-eu/

Cambodia’s agricultural commodities target China as a key export destination

China is an increasingly important export destination for Cambodia’s agricultural commodities, thanks to the Cambodia-China Free Trade Agreement (CCFTA), which went into effect on January 1, 2022. ...

Khmer Times Staff
https://www.khmertimeskh.com/501200944/cambodias-agricultural-commodities-target-china-as-a-key-export-destination/

Tourism sector is the market for farmers and producers

Prime Minister Hun Sen has appealed to all concerned parties to make the whole tourism sector the market for farmers and producers. ...

Khmer Times Staff
https://www.khmertimeskh.com/501200308/tourism-sector-is-the-market-for-farmers-and-producers/

Cambodia’s of apparel to Thailand may rebound after steep fall

Thailand’s apparel imports from Cambodia are likely to rebound during the current year, although they may still not touch pre-COVID levels. ...

Khmer Times Staff
https://www.khmertimeskh.com/501200033/cambodias-of-apparel-to-thailand-may-rebound-after-steep-fall/

World Bank says Cambodia’s economy on recovery path, forecast 4.8 percent GDP growth for this year

Cambodia’s economy is recovering well after COVID-19, but global headwinds could pose risks to a positive outlook in months to come, the World Bank said in a report released yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501198797/world-bank-says-cambodias-economy-on-recovery-path-forecast-4-8-percent-gdp-growth-for-this-year/

DPM Prak Sokhonn says Cambodia-ROK FTA to further enhance healthy bilateral economic cooperation

The Cambodia-Republic of Korea (ROK) Free Trade Agreement that has entered into force on Dec. 1 this year, will further enhance the current healthy bilateral economic cooperation, particularly on trade and investment. ...

Khmer Times Staff
https://www.khmertimeskh.com/501198790/dpm-prak-sokhonn-says-cambodia-rok-fta-to-further-enhance-healthy-bilateral-economic-cooperation/

ADB approves $50m loan for Cambodia to boost competitiveness

The Asian Development Bank (ADB) has approved a $50m policy-based loan aimed at supporting the government of Cambodia to diversify the country’s economy and boost its global competitiveness. ...

Khmer Times Staff
https://www.khmertimeskh.com/501198804/adb-approves-50m-loan-for-cambodia-to-boost-competitiveness/

South Korea to approve $1.5b loan to develop Cambodia’s economy

Cambodia is preparing to ink a deal that will see South Korea offer $1.5 billion in loans to further develop the kingdom’s energy sector and infrastructure. ...

Meas Molika
https://kiripost.com/stories/south-korea-to-approve-15b-loan-to-develop-cambodias-economy

ICRC celebrates 30 years of physical rehabilitation programme in Cambodia

The International Committee of the Red Cross (ICRC) celebrated the 30th anniversary of its physical rehabilitation programme in Cambodia, having provided support to more than 166,000 people with disabilities in the country. ...

Khmer Times Staff
https://www.khmertimeskh.com/501198833/icrc-celebrates-30-years-of-physical-rehabilitation-programme-in-cambodia/

Cambodia’s economy expected to trend back to potential six percent growth

The World Bank in its Economic Update released Wednesday said the tourism and hospitality industries are likely to accelerate further, with projected increases in international arrivals and domestic tourists once the pandemic is becomes history. ...

Khmer Times Staff
https://www.khmertimeskh.com/501198854/cambodias-economy-expected-to-trend-back-to-potential-six-percent-growth/

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