News

WHO in Cambodia says high vaccination coverage provides good basis for reopening of economy

The World Health Organization (WHO) representative in Cambodia said that Cambodia’s high vaccination coverage provides a good basis for reopening the economy and society safely and responsibly. ...

Khmer Times Staff
https://www.khmertimeskh.com/950006/who-in-cambodia-says-high-vaccination-coverage-provides-good-basis-for-reopening-of-economy/

New digital push for MSMEs

The Ministry of Posts and Telecommunications, Australian Agency for International Development (AusAID), and the UN Development Programme (UNDP) on August 18 launched an open joint effort to build an inclusive digital ecosystem aimed at sparking the development of a robust post-Covid-19 economy. ...

Thou Vireak
https://www.phnompenhpost.com/business/new-digital-push-msmes

2021-23 plan for economic recovery on way: minister

Cambodia is getting ready to launch a 2021-2023 plan to lift the economy out of the Covid-19 rut and chart a course for sustainable and inclusive growth, according to Minister of Economy and Finance Aun Pornmoniroth. ...

Hin Pisei
https://www.phnompenhpost.com/business/2021-23-plan-economic-recovery-way-minister

Economic growth projected at 4.8 percent in 2022: Deputy PM

Cambodia’s economic growth is projected to see robust growth next year because of economic recovery resulting from the government’s Covid-19 vaccination programmme. ...

Chea Vanyuth
https://www.khmertimeskh.com/50918131/economic-growth-projected-at-4-8-percent-in-2022-deputy-pm/

IMF approves $240M grant for pandemic recovery fund

The International Monetary Fund (IMF) has approved a $240 million grant to Cambodia to rehabilitate its economy and recover from the affects of the Covid-19 pandemic. ...

Ry Sochan
https://www.phnompenhpost.com/national/imf-approves-240m-grant-pandemic-recovery-fund

CDC approves $71 million in new investments to create 9,500 jobs

Eight new projects worth $71.4 million have been approved by the Council for the Development of Cambodia (CDC). The new projects  will create over 9,500 jobs at a critical juncture in the Kingdom’s economic recovery. ...

Michael Firn
https://www.khmertimeskh.com/50906237/cdc-approves-71-million-in-new-investments-to-create-9500-jobs/

Officials meet with their EU counterparts to talk recovery

Senior government officials and European counterparts met last Friday to discuss Cambodia’s economic plan. New trade policies to help the Kingdom recover from the pandemic were the focus of the conversation as well as the World Trade Organization’s role in shaping the post-pandemic recovery. ...

Husain Haider
https://www.khmertimeskh.com/50896690/officials-meet-with-their-eu-counterparts-to-talk-recovery/

Cambodia expects China, RCEP to help boost economic recovery

Amid the raging COVID-19 pandemic, Cambodia’s economy in 2020 registered its slowest growth since 1994. However, the country’s growth is projected to rebound this year, thanks to its newly-signed bilateral free trade agreement with China and the Regional Comprehensive Economic Partnership (RCEP).   ...

Khmer Times Staff
https://www.khmertimeskh.com/50847787/cambodia-expects-china-rcep-to-help-boost-economic-recovery/

Boosting economic recovery and supporting vulnerable families tops Government agenda

Prime Minister Hun Sen has called for joint efforts to boost economic recovery, and support three million vulnerable citizens, speaking at the inauguration of the “Techo Sen Public Works and Transport” building on Friday. ...

Khmer Times Staff
https://www.khmertimeskh.com/50806817/boosting-economic-recovery-and-supporting-vulnerable-families-tops-government-agenda/

Banking sector grows

The global economic recovery this year continues to benefit Cambodian banks, although insiders said yesterday macro-economic press-ures were still weighing on the industry. Some of Cambodia’s biggest banks had enjoyed a strong 2011 thanks to a rebound in lending, deposits and profits, officials said. Economists, ...

http://www.phnompenhpost.com/index.php/2011070550175/Business/banking-sector-grows.html

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