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Retail price of gasoline drops

Starting yesterday, the price of regular gasoline in the Kingdom is 3,950 riel ($0.97) per litre, amounting to a reduction of 200 riel per litre following a series of tax cuts announced last month by Prime Minister Hun Sen as well as price reductions implemented ...

May Kunmakara
https://www.khmertimeskh.com/50506822/retail-price-of-gasoline-drops/

Increase in civil servants' salaries

The salary for Cambodian civil servants has seen an average increase of 540 per cent compared to salaries in 2001, according to a report from the national news agency Agence Kampuchea Presse last Thursday.   Yim Serey Vathanak, national project coordinator on trade unions for social ...

http://www.phnompenhpost.com/index.php/2012100359055/Business/increase-in-civil-servants-salaries.html

Higher budgets and more skills ‘needed to embrace digital transformation’

Cambodia is at risk of “getting left behind” if it doesn’t invest more in a digitally skilled workforce as local companies look to improve their business process and customer experience through “digital transformation”, according to a panel discussion on an industrywide survey. ...

Harrison White
https://www.khmertimeskh.com/50765233/higher-budgets-and-more-skills-needed-to-embrace-digital-transformation/

Covid delays WtE power plant

The prolongation of the Covid-19 outbreak has led to a delay in a feasibility study of building a waste-to-energy (WtE) plant with at least 50MW of total electricity generating capacity near Phnom Penh, according to Ministry of Mines and Energy spokesman Victor Jona. ...

Hin Pisei
https://www.phnompenhpost.com/business/covid-delays-wte-power-plant

‘Allied action required for digital shift’

Cambodia continues to face a multitude of challenges as digital payments and solutions graduate from a niche business to a key segment in the Kingdom’s development strategy, according to National Bank of Cambodia (NBC) assistant governor Chea Serey on March 17. ...

May Kunmakara
https://www.phnompenhpost.com/business/allied-action-required-digital-shift

Tax revenue from casino sector drops

Tax revenue from Cambodia’s casino industry cratered in 2020 as Covid-19 prompted the government to tighten entry restrictions, limiting the number of international visitors to the Kingdom, according to a Ministry of Economy and Finance senior official on March 21. ...

May Kunmakara
https://www.phnompenhpost.com/business/tax-revenue-casino-sector-drops

Greater innovation critical to driving sustained economic recovery in Cambodia and East Asia

Innovation is critical to productivity growth and economic progress in developing East Asia including Cambodia, China, Indonesia, Lao PDR, Malaysia, Mongolia, Myanmar, the Philippines, Thailand, and Vietnam in a rapidly changing world, according to a new World Bank report launched today. ...

Heng Panha/AKP
https://www.khmertimeskh.com/50817900/greater-innovation-critical-to-driving-sustained-economic-recovery-in-cambodia-and-east-asia/

MoC responds to UN study citing negative RCEP impact on revenue

An official from the Ministry of Commerce said the Regional Comprehensive Economic Partnership Agreement (RCEP) will definitely open up opportunities for Cambodia. He was speaking in response to a report released by the United Nations Conference on Trade and Development (UNCTAD) citing potential serious negative ...

Sok Chan
https://www.khmertimeskh.com/50832267/moc-responds-to-un-study-citing-negative-rcep-impact-on-revenue/

Rice sector gets $50M boost for summer-autumn season

Cambodia Rice Federation (CRF) members have received about $50 million in loans for working capital to buy paddy from farmers during the ongoing early-rice, or summer-autumn harvest season, which is expected to yield nearly three million tonnes, according to a senior CRF official. ...

Thou Vireak
https://www.phnompenhpost.com/business/rice-sector-gets-50m-boost-summer-autumn-season

Industrial development: empowering women in Cambodia

“I want to tell other women, be confident in yourself, believe in what you do, persevere and speak up, speak up and speak up. Not only men but also women, like my case, are able to influence the process and redirect the orientation of the ...

Khmer Times Staff
https://www.khmertimeskh.com/50945337/industrial-development-empowering-women-in-cambodia/

Council for the Development of Cambodia approves 211 Japanese investment projects

The Council for the Development of Cambodia (CDC) has approved 211 Japanese investment projects worth about $3.14 billion to invest in Cambodia as of July 2021, according to a CDC’s press release. ...

Hin Pisei
https://www.postkhmer.com/business/2021-09-01-1042-222828.html

Eight month exports valued at 11.08 bn

Cambodia’s exports in the first eight months this year saw a decrease, official figures showed. Its exports were worth  $11.086 billion, inching down 5.3 percent compared with the same period last year, according to a study by the Ministry of Commerce. ...

Chea Vanyuth
https://www.khmertimeskh.com/50934036/eight-month-exports-valued-at-11-08-bn/

Thailand trade prevails despite barriers

Bilateral trade between Cambodia and Thailand reached $5.97 billion in the first nine months of 2021, surging by 18 per cent year-on-year from $5.08 billion despite disruptions caused by the community spread of Covid-19 in the two ASEAN nations, according to a report from the ...

May Kunmakara
https://www.phnompenhpost.com/business/thailand-trade-prevails-despite-barriers

S’ville port handles over $2.2B in imports, exports

The value of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) reached $2.234 billion in 2021, marking a 42.75 per cent rise from $1.565 billion a year earlier, according to a statement released by the operator on January 10. ...

Hin Pisei
https://www.phnompenhpost.com/business/sville-port-handles-over-22b-imports-exports

Hun Sen: Enjoy Khmer New Year, but take precautions

Thanks to a steady decrease in Covid-19 cases, Prime Minister Hun Sen has permitted the return of Khmer New Year celebrations in mid-April, though he urges the public to continue practising all preventive measures that have so far succeeded in slowing the spread of the ...

Mom Kunthear
https://www.phnompenhpost.com/national/hun-sen-enjoy-khmer-new-year-take-precautions

Battambang airport to be upgraded into 4C category

The Government has plans to develop the Veal Bek Chan Airport in Battambang city to a 4C category. Soy Sokhan, Secretary of State of the Secretariat of Civil Aviation, and Sok Lou, Battambang Provincial Governor, chaired a working group meeting on the possibility of restoration ...

Sok Sithika
https://www.khmertimeskh.com/501048230/battambang-airport-to-be-upgraded-into-4c-category/

Petrol, diesel rates increased to 5,650, 5,550 riel: ministry

The retail prices of regular-grade petrol and diesel respectively increased by about 0.9 per cent and 2.8 per cent on June 1, according to a notice issued by the Ministry of Commerce. ...

Hom Phanet
https://www.phnompenhpost.com/business/petrol-diesel-rates-increased-5650-5550-riel-ministry

New towns designated in Kandal, Kampong Speu

The government has established three new towns – Sampov Poun and Arey Ksat in Kandal province and Oudong Me Chey in Kampong Speu – following requests from the Ministry of Interior, according to a sub-decree issued by Prime Minister Hun Sen on December 23. ...

Lay Samean
https://www.phnompenhpost.com/national/new-towns-designated-kandal-kampong-speu

Ministry aiming for 2023 promulgation of Freedom of Information Act

The Ministry of Information, in response to a number of civil society organisations, said it has been working to accelerate the drafting of the Freedom of Information Act. The ministry said it is optimistic that the law will be promulgated in 2023. ...

Post Staff
https://www.phnompenhpost.com/national/ministry-aiming-2023-promulgation-freedom-information-act

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