Khmer Times

Credit guarantees to SMEs reach $113 million

The Credit Guarantee Corporation of Cambodia (CGCC) provided credit guarantees of $113.6 million to businesses as their working capital for expansion in the first quarter of this year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501278434/credit-guarantees-to-smes-reach-113-million/

Cambodia needs $30B for 150 prioritised infrastructure projects

Cambodia has sought partners to raise about $30 billion of investment funds to implement 150 hard and soft infrastructure projects that the government has classified as priorities to place in the Comprehensive Intermodal Comprehensive Master Plan (CIT-MP) for the next ten years, said a release ...

Kang Sothear
https://www.khmertimeskh.com/501278432/cambodia-needs-30b-for-150-prioritised-infrastructure-projects/

Sharp drop in malaria cases

Cambodia’s malaria cases have gone down dramatically in the past five years thanks to effective measures. ...

Hang Punreay
https://www.khmertimeskh.com/501278440/sharp-drop-in-malaria-cases/

Cambodia earns nearly $21 million in taxes from e-commerce

Cambodia’s General Department of Taxation (GDT) made e-commerce value-added tax (VAT) income of $20.9 million from the operations of electronic goods and services in the first quarter of 2023, a GDT report said on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501278795/cambodia-earns-nearly-21-million-in-taxes-from-e-commerce/

World Bank finds Cambodia, Vietnam have lowest port turnaround times in ASEAN

Container shipping in Cambodia and Vietnam had the lowest port turnaround times in ASEAN in June last year with both countries scoring averages of 0.9 days, the World Bank says. ...

Khmer Times Staff
https://www.khmertimeskh.com/501277715/world-bank-finds-cambodia-vietnam-have-lowest-port-turnaround-times-in-asean/

RCEP, FTAs create more favorable trade, investment opportunities for investors in Cambodia

The Regional Comprehensive Economic Partnership (RCEP) free trade pact and bilateral free trade agreements (FTAs) have provided more favorable trade and investment opportunities for investors in Cambodia, a senior commerce ministry official said on Saturday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501277686/rcep-ftas-create-more-favorable-trade-investment-opportunities-for-investors-in-cambodia/

PPAP posts over $8 million in revenue in Q1, a decrease of 13 percent

Publicly-listed river port operator, Phnom Penh Autonomous Port (PPAP), reported a revenue of some US $8.23 million during the first three months of 2023, a year-on-year decrease of 13 percent. ...

Khmer Times Staff
https://www.khmertimeskh.com/501277374/ppap-posts-over-8-million-in-revenue-in-q1-a-decrease-of-13-percent/

Cambodia, France discuss agricultural cooperation

Cambodian senior agriculture officials on Wednesday discussed the possibility of importing fresh apples from France and exporting fresh mangoes from Cambodia, according to a press release from the Ministry of Agriculture, Forestry and Fisheries (MAFF). ...

Kang Sothear
https://www.khmertimeskh.com/501276689/cambodia-france-discuss-agricultural-cooperation/

Cambodia ends mandatory facemask wearing and rapid test for mass gathering

Prime Minister Hun Sen declared this yesterday afternoon that the mandatory facemask wearing and rapid COVID-19 testing at any public gathering will be discontinued. ...

Khmer Times Staff
https://www.khmertimeskh.com/501276347/cambodia-ends-mandatory-facemask-wearing-and-rapid-test-for-mass-gathering/

Cambodia records 1.26 million air passengers in Q1

Cambodia reported 1.26 million air travelers during the first quarter of 2023, up 549 percent from only 195,000 passengers over the same period last year, said the State Secretariat of Civil Aviation’s report released on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501276387/cambodia-records-1-26-million-air-passengers-in-q1/

Cambodia’s apparel exports to South Korea up 14% to $191 million in 2022

Cambodia’s trade balance with South Korea has improved in the first quarter of 2023, with decreased imports and higher apparel exports. ...

Khmer Times Staff
https://www.khmertimeskh.com/501277051/cambodias-apparel-exports-to-south-korea-up-14-to-191-million-in-2022/

Deal to deliver Cambodia’s new logistics complex, promote regional connectivity and integration

The International Finance Corporation (IFC) has signed a new agreement with the Ministry of Public Works and Transport to establish a public-private partnership (PPP) for a logistics complex in Preah Sihanouk province to assist Cambodia in meeting its goal of becoming a new regional logistics ...

Khmer Times Staff
https://www.khmertimeskh.com/501276371/deal-to-deliver-cambodias-new-logistics-complex-promote-regional-connectivity-and-integration/

Payment in riel grew faster than US dollar through Bakong

The amount of cash paid in riel by account holders through Bakong system has increased 4.1 times in 2022 compared to the previous year, while that paid in US dollar through the same system has risen 3.2 times, and the transactions made through this system ...

Kang Sothear
https://www.khmertimeskh.com/501276160/payment-in-riel-grew-faster-than-us-dollar-through-bakong-2/

Cambodian PM says climate change issue worsening

Prime Minister Hun Sen, Prime Minister of the Kingdom of Cambodia, said climate change in the world is causing very big problems and various issues. ...

Khmer Times Staff
https://www.khmertimeskh.com/501277072/cambodian-pm-says-climate-change-issue-worsening/

PPAP’s first quarter revenue dips 13%

Public-listed Phnom Penh Autonomous Port (PPAP) reported $8.23 million in revenue for the first quarter (Q1) of the year, a 13 percent decline compared to the same period last year. ...

Manoj Mathew
https://www.khmertimeskh.com/501276162/ppaps-first-quarter-revenue-dips-13/

Cambodia’s rubber export up 6.8 percent in Q1

Cambodia exported 65,921 tons of dry rubber in the first quarter of 2023, an increase of 6.8 percent from 61,739 tons in the same period last year, said a General Directorate of Rubber report on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501277044/cambodias-rubber-export-up-6-8-percent-in-q1/

PM Hun Sen receives Chairman of Guangxi Zhuang Autonomous Region

Prime Minister Hun Sen received at the Peace Palace yesterday, a courtesy visit from Lan Thianli, Chairman of Guangxi Zhuang Autonomous Region. ...

Khmer Times Staff
https://www.khmertimeskh.com/501277065/pm-hun-sen-receives-chairman-of-guangxi-zhuang-autonomous-region/

Cambodia and Vietnam’s GDP growth forecast to rank second in ASEAN in 2023

Vietnam’s GDP is projected to grow 5.8 percent this year, sharing the second position with Cambodia in the region, only after the Philippines, according to the International Monetary Fund (IMF). ...

Khmer Times Staff
https://www.khmertimeskh.com/501276403/cambodia-and-vietnams-gdp-growth-forecast-to-rank-second-in-asean-in-2023/

Ministry sets dates for Diploma and Bac II exams

The Ministry of Education, Youth and Sport has announced the annual schedule for junior high school Diploma and high school Baccalaureate (Bac II) final examinations. ...

Hang Punreay
https://www.khmertimeskh.com/501275975/ministry-sets-dates-for-diploma-and-bac-ii-exams/

Cambodia records 1.26 million air passengers in Q1

Cambodia reported 1.26 million air travelers during the first quarter of 2023, up 549 percent from only 195,000 passengers over the same period last year, said the State Secretariat of Civil Aviation’s report released on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501276387/cambodia-records-1-26-million-air-passengers-in-q1/

2.53 mln vehicles travel on Chinese-invested expressway in Cambodia

A highway operator’s spokesman said on Wednesday that 2.53 million cars have gone on the Phnom Penh-Sihanoukville Freeway in the 200 days since it opened to the public in October last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501276315/2-53-mln-vehicles-travel-on-chinese-invested-expressway-in-cambodia/

Electric mobility in Cambodia

Cambodia is promoting low-emission transport modes by implementing electric motorcycles and a network of charging and maintenance stations. ...

Khmer Times Staff
https://www.khmertimeskh.com/501276339/electric-mobility-in-cambodia/

Migrant workers boost national economy

While improving their livelihood, Cambodian migrant workers, including those in the Republic of Korea (RoK), have significantly contributed to boosting the national economy. ...

Khmer Times Staff
https://www.khmertimeskh.com/501274997/migrant-workers-boost-national-economy/

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