News

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/

People say that the historical and tourist area in Angkor Borei district may loss

Residents say that historical and tourist sites may be lost after a large-scale looting of Phnom Borei, while Angkor Borei district authorities have denied that the authorities have opened their hands to excavating Phnom Borei and sell it to private dealers as mentioned by citizens. ...

Kheang Sokmean
https://khmer.cambojanews.com/some-people-say-that-historical-and-tourist-area-may-face-loss-after-the-phnom-borey-quarry/

Rare leopard photographed in Kingdom’s eastern highlands

A senior official from the Ministry of Environment announced Cambodia’s pride at having discovered the presence of a female leopard through a rare photo taken by camera traps. The species is considered close to extinction. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/rare-leopard-photographed-kingdoms-eastern-highlands

$50M ADB loan aims to boost economic diversity

The Asian Development Bank (ADB) on December 6 announced that it has greenlit a $50 million policy-based loan under Subprogram 1 of its Trade and Competitiveness Program to support government efforts to diversify the economy, better enable local businesses to compete globally, and boost Covid-19 ...

May Kunmakara
https://www.phnompenhpost.com/business/50m-adb-loan-aims-boost-economic-diversity

ASEAN ‘committed’ to stability: Lim

ASEAN secretary-general Lim Jock Hoi expressed the bloc’s commitment to ensuring regional stability and prosperity amid a time of uncertainty and unprecedented challenges, through a road map adopted at the recent ASEAN Summit and related meetings. ...

Ry Sochan
https://www.phnompenhpost.com/national/asean-committed-stability-lim

Residents from 10 communities ask Koh Kong provincial authorities to expedite resolving land disputes

Residents from 10 communities in Koh Kong province request the provincial authorities and relevant officials to expedite the resolution of land disputes, stop discrimination against those with land issues and dismiss 32 people who were active in land protests. ...

Meng Kroypunlok
https://www.vodkhmer.news/2022/12/06/10-communities-ask-koh-kong-authorities-to-expedite-resolving-land-disputes/

Cambodia emphasises key role of female peacekeepers

Cambodian Deputy Prime Minister Prak Sokhonn, Minister of Foreign Affairs and International Cooperation has highlighted the key role of women in peacekeeping operations under the UN umbrella. ...

Khmer Times Staff
https://www.khmertimeskh.com/501197972/cambodia-emphasises-key-role-of-female-peacekeepers/

Indigenous people in Mondulkiri province accuse an official and a tycoon of conspiring to take nearly 36 hectares of their land

On December 6, 2022, 10 indigenous people submitted their petitions to the Ministry of Interior, the Ministry of Land Management, Urban Planning and Construction, and the Office of the Council of Ministers to seek the intervention to help resolve their land disputes. ...

Khut Sokun
https://www.vodkhmer.news/2022/12/06/indigenous-in-mondulkiri-accuse-an-official-and-a-tycoon-of-conspiring-to-take-nearly-36-hectares-of-their-land/

Cambodia suggests to host ASEAN Digital Engineer Workshop next year

Cambodia has sought support from the ASEAN Federation of Engineering Organisations (AFEO) to host an ASEAN Digital Engineer Workshop in March 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501197980/cambodia-suggests-to-host-asean-digital-engineer-workshop-next-year/

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