France offers scholarship to 98 Cambodian students
Eighty-two Cambodian students have been selected for a scholarship program to continue their master and doctoral degrees at France’s universities in the field of economics, law, medical studies, engineering, French-language teaching and tourism. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/france-offers-scholarship-to-98-cambodian-students-8791
COVID-19 impacts garment workers in Cambodia
The global outbreak of the Coronavirus is slowing down the economy and threatens to eliminate thousands of jobs in the global supply chain in South East Asia, particularly in Cambodia as one of the most affected countries in the region. ...
Khmer Times Staff
https://www.khmertimeskh.com/50701601/covid-19-impacts-garment-workers-in-cambodia/
Cambodia to have five more vehicle assembly factories
According to the Ministry of Commerce, five automobile manufacturers are reportedly building production facilities in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501481029/cambodia-to-have-five-more-vehicle-assembly-factories/
Budget backed without support
Members of the ruling Cambodian People’s Party voted in the National Assembly yesterday to back a 2017 national budget that outlines spending of $5 billion, but opposition Cambodia National Rescue Party (CNRP) members refused to give it their support. ...
Chea Vannak
http://www.khmertimeskh.com/news/32306/budget-backed-without-support/
Royal gazette to move online
The government will this year stop printing the royal gazette for sale to the public and begin publishing new editions online, an official said yesterday. ...
Mech Dara and Shaun Turton
http://www.phnompenhpost.com/national/royal-gazette-move-online
Cambodia receives over 2.4 mln foreign visitors in 7 months
Cambodia has welcomed 2.43 million international tourists in the first seven months of the year, up 19 percent compared with the 2.04 million tourists over the same period last year, the figures of the Ministry of Tourism said Thursday. During the January-July period this year, Vietnam ...
Global Times News Staff
http://www.globaltimes.cn/content/810761.shtml#.UjJ2qNKBmN8
Traffic accident provokers may face imprisonment: Traffic police
Drivers must be responsible for what they commit when they cause road accidents that lead to loss of lives; they not only face fine, but also imprisonment, said Pen Khon, deputy chief of Bureau of Land Traffic. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/traffic-accident-provokers-may-face-imprisonment:-traffic-police-7550
SERC signs MoU on FinTech rules
The Securities and Exchange Regulator of Cambodia (SERC) entered into a memorandum of understanding (MoU) with Cambo Trust Plc to “enhance the implementation of the FinTech Regulatory Sandbox in the securities sector”. ...
May Kunmakara
https://www.phnompenhpost.com/business/serc-signs-mou-fintech-rules
Cambodia GFT exports at $6.27 billion in 7 months
Cambodia’s biggest export-earning segment of garments, footwear and travel (GFT) goods extended its lean patch into the seventh month of the year, as the exports recorded a decline of 20.44 percent in the January to July period of 2023. ...
Manoj Mathew
https://www.khmertimeskh.com/501342930/cambodia-gft-exports-at-6-27-billion-in-7-months/
Exports inch up in spite of international trade falling from Jan-Aug
Trade between Cambodia and international partners in the first eight months of 2023 amounted to nearly $32 billion, down 14.5 per cent compared to $37.4 billion in the same period in 2022, although the General Department of Customs and Excise of Cambodia (GDCE) contended that ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-inch-spite-international-trade-falling-jan-aug
Tax revenue dips 2% between Jan, July
The government collected 15.4 trillion riel or $3.7 billion in tax revenue in the first seven months of the year, which is equivalent to 58.7 per cent of the 2023 annual budget law, according to the Ministry of Economy and Finance. ...
Hin Pisei
https://www.phnompenhpost.com/business/tax-revenue-dips-2-between-jan-july
Q1 Canada trade dips 22% despite March rebound
The merchandise trade volume between Cambodia and Canada reached $192.720 million in the first quarter of 2023, making the world’s ninth largest economy the Kingdom’s 10th biggest trading partner for the three-month period, according to Customs (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/q1-canada-trade-dips-22-despite-march-rebound
Cambodia’s GFT woes unabated as exports decline 23%
The lean patch of Cambodia’s biggest export-earning segment of garments, footwear and travel (GFT) goods continued into the fifth month of the year as the January to May exports recorded a decline of 23.06 percent, compared to the same period in 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501306694/cambodias-gft-woes-unabated-as-exports-decline-23/
Cambodia collects nearly $6 billion in taxes in 2023
Cambodia earned $5.9 billion in revenues from all kinds of taxes in 2023, a 3.9 percent decrease compared to $6.14 billion in 2022, as per an official report released on Friday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501442033/cambodia-collects-nearly-6-billion-in-taxes-in-2023/
Gold processing to begin next year
Following the recent approval of its environment and social impact assessment by the Ministry of Environment, the kingdom’s first gold-processing plant will begin operations next year, a spokesperson for the Ministry of Mines and Energy said on Monday. ...
May Kunmakara
http://www.khmertimeskh.com/5096661/gold-processing-begin-next-year/
Everything But Arms treaty under scrutiny after bicycle trade problems
The European Union is increasingly scrutinising abuse of its Everything But Arms treaty with Cambodia, underscoring both the importance of the zero-tariff agreement to the Kingdom’s economy and the potential for its misuse. In Cambodia’s rice sector, fears that cheap rice from neighbouring countries is ...
Charles Rollet
http://www.phnompenhpost.com/post-weekend/everything-arms-treaty-under-scrutiny-after-bicycle-trade-problems
Entry the Regional Comprehensive Economic Partnership Agreement (RCEP)
On 22 December 2021, the Ministry of Commerce issued a press release on the entry the Regional Comprehensive Economic Partnership Agreement (RCEP).The RCEP Agreement is an ASEAN initiative and has been announced to begin negotiations in 2022 in Phnom Penh, the capital of the Kingdom ...
Ministry of Commerce
Hodo Group’s SSEZ strives to become world class enterprise
Hodo Group, a private textile and garment maker based in Wuxi, Jiangsu province in East China, said it would strive to become a world-class enterprise, said Zhou Haijiang, board chairman of the group and a delegate to the 20th National Congress of the Communist Party ...
Khmer Times Staff
https://www.khmertimeskh.com/501172934/hodo-groups-ssez-strives-to-become-world-class-enterprise/
Building back better with access to information
UNESCO and the Ministry of Information, and the Ministry of Post and Telecommunications, the Department of Media and Communication at the Royal University of Phnom Penh, and civil society organisations, are commemorating the 2021 International Day of Universal Access to Information (IDUAI) in Cambodia, on ...
Khmer Times Staff
https://www.khmertimeskh.com/50942865/building-back-better-with-access-to-information/
Hun Sen distributes land titles to Rattanakiri residents
Prime Minister Hun Sen on Friday distributed 541 land titles covering 1,308 hectares to 301 mostly ethnic minority families in andong Meas district. ...