News
ADB lends $ 82 million to improve national roads in two provinces to boost economic development
Asian Development Bank (ADB) has approved a $ 82 million loan to improve 48 km of national and provincial roads in Prey Veng and Kandal provinces to promote economic development through the Greater Mekong Subregion Economic Corridor. ...
Ry Sochan
https://www.postkhmer.com/national/2021-09-30-0955-224438.html
Multi-purpose port for Kep province
A multi-purpose port is in the pipeline to be built in Kep province that will serve the tourism sector as well as a maritime seaport that will boost the economy and development sector of the province. ...
Chea Vanyuth
https://www.khmertimeskh.com/50908847/multi-purpose-port-for-kep-province/
Sihanoukville: Returning Chinese mark a sign of a business rebound
The Kingdom’s coastal Sihanoukville, where Chinese nationals national dominated nearly a half of businesses before the COVID-19 outbreak, is seeing economic activity gradually rebound after Middle Kingdom’s investors and workers started to return to the province as pandemic fears ease. ...
Sorn Sarath
https://www.khmertimeskh.com/50734801/sihanoukville-returning-chinese-mark-a-sign-of-a-business-rebound/
CDC: Investment in Kingdom stable
The Council for the Development of Cambodia (CDC) approved four projects, worth a combined $17.4 million, during the first 10 days of February. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-investment-kingdom-stable
Government pledges $2billion fund for economy
The government has announced they have prepared an emergency reserve fund of between $800million and $2billion to aid the Kingdom’s economic recovery in the wake of the COVID-19 outbreak. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50700267/government-pledges-2billion-fund-for-economy
Cambodia no longer one of the cheapest places to live: study
Cambodia’s reputation as one of the cheapest places in the world to live has been called under question, according to a survey conducted by CEOWORLD magazine, a leading business publication. ...
Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50700413/cambodia-no-longer-one-of-the-cheapest-places-to-live-study
Textile manufacturer invests $20 million on expansion programme
TST Group Holding, the Taipei-listed major textile producer, has announced plans to expand its business operations in Cambodia to assist in the current lack of textiles imports because of the Novel Coronavirus. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50698579/textile-manufacturer-invests-20-million-on-expansion-programme
Border Gate improvements planned to boost trade
The Royal Government of Cambodia has unveiled plans to improve facilities at border gates with Thailand and Vietnam in order to ease cross-border transport and boost trade activities. ...
Khmer Times Staff
https://www.khmertimeskh.com/50698427/border-gate-improvements-planned-to-boost-trade
Aftermath of Chinese Exodus from Sihanoukville
Over the past few years with the influx of Chinese nationals and Cambodians working in Sihanoukville, landlords have been laughing all the way to the bank through rentals. Locals who visit the city regularly complained about high rentals for hotels, guesthouses and even food. Some ...
Ben Sokhean
https://www.khmertimeskh.com/50697816/aftermath-of-chinese-exodus-from-sihanoukville
Kingdom’s economic growth may be lower than previous prediction
Cambodia’s economic growth in 2020 would not be at the same rate as previously predicted at 6.5 percent, said Prime Minister Hun Sen. ...
Khan Sophirom
https://www.khmertimeskh.com/50695340/kingdoms-economic-growth-may-be-lower-than-previous-prediction
Projects worth millions agreed
The Council for the Development of Cambodia (CDC) yesterday approved six development projects worth in total $677 million. ...
Sok Chan
https://www.khmertimeskh.com/50695073/projects-worth-millions-agreed
Kingdom-China FTA expected by November
The Cambodia-China Free Trade Agreement is expected to be finalised in November in a move to boost trade between the two countries. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-china-fta-expected-november
Billions of dollars set to boost visitor attractions in Kingdom
The government has announced that it is preparing to develop a special tourism area in the coastal province of Sihanoukville. In a move to diversify its tourism offerings, citing a need to boost tourism flow into the area. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50693276/billions-of-dollars-set-to-boost-visitor-attractions-in-kingdom
Cambodia faces supply chain crunch, no thanks to COVID-19
Southeast Asian suppliers from Cambodia, Myanmar and Vietnam have become increasingly important to global fashion brands. Nearly 20% of Uniqlo owner Fast Retailing’s disclosed core sewing factories are in Vietnam, though China is still home to about half. However, these suppliers now face a supply ...
Khmer Times Staff
https://www.khmertimeskh.com/50694492/cambodia-faces-supply-chain-crunch-no-thanks-to-covid-19
Extractive industry to become new economic driver – Ministry
The government last week said the extractive industry is on course to become a main economic pillar. Cambodia’s economic development is mostly driven by the construction, real estate, tourism, garments and agricultural sectors, but the government is working to diversify, with the extractive industry set ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50663802/extractive-industry-to-become-new-economic-driver-ministry/
Kingdom’s development discussed
The National Bank of Cambodia (NBC) and the International Monetary Fund on Thursday held a conference to discuss the next steps in Cambodia’s economic development. ...
Hor Kimsay
https://www.phnompenhpost.com/business/kingdoms-development-discussed
World Bank commits $540 million to Cambodia
The World Bank will disburse some $540 million from 2018 to 2021 to finance economic development in Cambodia with a focus on supporting the implementation of the government’s Industrial Development Policy as well as other socio-economic projects. ...
May Kunmakara
http://www.khmertimeskh.com/5073984/world-bank-commits-540-million-cambodia/
Despite Land Loss, Minorities Back Status Quo
Romam Gvin could be described as a counterintuitive voter. Intuition might lead you to believe that Mr. Gvin blames the government for the loss of his land to the Vietnamese rubber company that now owns everything for as far as the eye can see here in ...
http://www.cambodiadaily.com/elections/despite-land-loss-minorities-back-status-quo-34786/
Cambodia, U.S. sign emissions reduction agreement
Cambodia and the United States on Friday signed a Memorandum of Understanding on low emissions and climate resilient development in Cambodia, according to a press statement from the U.S. Embassy to Phnom Penh. The deal was inked between Cambodian Minister of Environment Mok Mareth and Rebecca ...
http://www.china.org.cn/environment/2013-05/31/content_28997411.htm
Cambodia launches cassava development project under China, UNDP support
Cambodia launched Tuesday the second phase of cassava development project under the support of China and the United Nations Development Program (UNDP). Cambodia and China signed a Protocol on the Exports of Cambodian Cassava to Chinese Market in December 2010, under which China allowed Cambodia ...
http://news.xinhuanet.com/english/china/2013-05/21/c_132397799.htm