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GDT, GDCE revenues top $1.9B, pass 30% of 2023 goal

The finance ministry’s taxation and customs departments collectively netted $1.908 billion in revenues in the first quarter of 2023, marking just over 30 per cent of the full-year target, official figures show. ...

Hin Pisei
https://www.phnompenhpost.com/business/gdt-gdce-revenues-top-19b-pass-30-2023-goal

Foreign investments up $45.8b in Q1’23 - NBC

Cambodia recorded a nine percent year-on-year growth in foreign direct investment (FDI) at 185.7 trillion riel ($45.8 billion) in the first quarter of 2023, the National Bank of Cambodia (NBC) revealed via Twitter yesterday. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-nbc-foreign-investments-up

Chinese state firm in talks to take over rail project

With renovation work on the country’s dilapidated railway at a standstill, the Ministry of Public Works has entered into talks with a regional consortium backed by one of the largest firms in China to replace the railway’s current operator, officials said yesterday. Faced with a ...

Government Amends Anti-Money Laundering Law

The Council of Ministers on Friday approved a draft law amending three articles in the law on anti-money laundering and the financing of terrorism in order to make Cambodia more investment-friendly. Last month, the National Bank of Cambodia’s Financial Intelligence Unit (FIU), law enforcement officials ...

http://The Cambodia Daily

Entrepreneurship to be taught in the classroom

Education Minister Hang Chuon Naron has unveiled a plan to add coursework on entrepreneurship to the school and university curricula starting in the next academic year, state news agency AKP said yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/entrepreneurship-be-taught-classroom

Angkor revenue up, tourists amount down

According to a new report by the Ministry of Tourism published yesterday, revenue from ticket sales to the Angkor Archeological Park reached $39.48 million in the first quarter of 2018, 28 percent higher than the corresponding period last year. Ministry data showed 854,584 tourists visited the ...

Sum Manet
http://www.khmertimeskh.com/50269499/angkor-revenue-up-tourists-amount-down/

Best tourism communities to be chosen in new contest

The Ministry of Tourism recently announced a new contest to find the best community-based tourism sites in the Kingdom and has called on villages and communities around the country to submit their application. ...

Chea Vannak
https://www.khmertimeskh.com/50492441/best-tourism-communities-to-be-chosen-in-new-contest/

Koh Trong pomelo gets GI recognition

The pomelo grown in Kratie’s Koh Trong commune is now the third Cambodian product to obtain Geographical Indication (GI) status, following in the footsteps of Kampot pepper and Kampong Speu’s palm sugar. ...

Sok Chan
https://www.khmertimeskh.com/50504798/koh-trong-pomelo-gets-gi-recognition/

Chinese visitors to the Kingdom spike

During the first four months of the year, Cambodia welcomed more than 647,000 Chinese visitors, an increase of more than 79 percent, according to the Cambodian Tourism Minister. ...

Sum Manet
https://www.khmertimeskh.com/50507277/chinese-visitors-to-the-kingdom-spike/

Inflow of FDI up in first half

The inflow of foreign direct investment (FDI) into Cambodia witnessed solid growth in the first half of this year due to strong funds flowing into the financial and real estate sectors, said a central bank report. It said this was despite the agriculture and garment ...

Hor Kimsay
https://www.phnompenhpost.com/business/inflow-fdi-first-half

Trapping contributes to tiger decline

The World Wide Fund for Nature in Cambodia has urged the government to crack down on wildlife trapping, trafficking and illegal logging to conserve wildlife and natural resources. Tigers especially had been seriously threatened by hunting and trapping. ...

Pech Sotheary
https://www.khmertimeskh.com/50514520/trapping-contributes-to-tiger-decline/

Police chief called on to curb protests in capital

Phnom Penh governor Khuong Sreng on Tuesday told the newly appointed municipal police chief to continue preventing protests and crimes of all kinds in the capital. Sar Thet, who maintains his position as deputy National Police chief, replaced Chuon Sovann who has been promoted as ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/police-chief-called-curb-protests-capital

Government leads forum on tourism investment

The Ministry of Tourism led a forum on investment in the Kingdom’s tourism sector for the first time on Monday in Siem Reap. A panel of national and international experts from 11 countries led discussions about the development of the industry. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/government-leads-forum-tourism-investment

UN notes Kingdom’s peacekeeping efforts

The Defence Ministry has announced that the United Nations has ranked Cambodia 29th among 122 countries that have sent peacekeeping forces to conflict areas around the world. Last year, the UN ranked Cambodia as 32nd for the most troops sent abroad. Cambodia also ranked 17th ...

Ven Rathavong and Mom Kunthear
https://www.khmertimeskh.com/50541575/un-notes-kingdoms-peacekeeping-efforts/

Commerce ministry makes $82M

The Ministry of Commerce generated more than $82 million this year in customs and public services, according to the ministry’s annual report. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/commerce-ministry-makes-82m

Political parties grow by six to 44 after registration last year

Forty-four political parties are registered to legally conduct activities in the Kingdom, according to an Interior Ministry report. The report, obtained by Khmer Times yesterday, said six new parties were registered last year, bringing the total to 44. ...

Taing Vida
https://www.khmertimeskh.com/50565377/political-parties-grow-by-six-to-44-after-registration-last-year/

Government calls for PM ‘fake news’ correction

The Cambodian government on Friday strongly urged Singaporean outlet Channel News Asia (CNA) to issue a correction to an article it published on Thursday, claiming Prime Minister Hun Sen had called on the military to destroy the country’s political opponents. The statement, issued by the ...

Mech Dara and Voun Dara
https://www.phnompenhpost.com/national/government-calls-pm-fake-news-correction

Ministry to meet with companies over EBA saga

The Ministry of Commerce is planning a meeting with public and private actors to discuss the revocation of the European Union’s Everything-but-arms (EBA) deal and to find ways to diminish its impact on the economy, the ministry said in a press release. The ministry’s statement, ...

May Kunmakara
https://www.khmertimeskh.com/50577785/ministry-to-meet-with-companies-over-eba-saga/

Government to label attractions ‘Supreme Tourism Sites’

The government is pushing for the development and investment into special tourism sites as it will contribute to the Kingdom’s economic development, a Sub-decree designating “Supreme Tourism Sites” said. Industry insiders welcomed the sub-decree, saying it would help the Kingdom diversify its tourist attractions with ...

Hin Pisei
https://www.phnompenhpost.com/business/government-label-attractions-supreme-tourism-sites

Golden Hanuman military exercises to be held on May 3-8

More than a month since completing the Golden Dragon joint military exercises with China, some 2,000 members of the Royal Cambodian Armed Forces (RCAF) are set to launch their own drills at a Kampot army training school. Next month’s exercises, using live ammunition, will take ...

Ry Sochan
https://www.phnompenhpost.com/national/golden-hanuman-military-exercises-be-held-may-3-8

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