Cambodia, Japan to upgrade bilateral relations to comprehensive strategic partnership in 2023
Cambodia and Japan highly valued the bilateral relations between the two countries and noted with satisfaction its upgrading to Comprehensive Strategic Partnership in 2023, the commemorative year of the 70th Anniversary of Diplomatic Relations, according to a press release from the Ministry of Foreign Affairs ...
Khmer Times Staff
https://www.khmertimeskh.com/501197957/cambodia-japan-to-upgrade-bilateral-relations-to-comprehensive-strategic-partnership-in-2023/
Cambodia’s exports to world up 18 pct in eleven months
Cambodia exported some $20,457 million worth of goods to the world market in the first eleven months of this year, an increase by 18 percent compared to the same period last year, according to a report of the General Department of Customs and Excise (GDCE) ...
Khmer Times Staff
https://www.khmertimeskh.com/501202310/cambodias-exports-to-world-up-18-pct-in-eleven-months/
Green strategy to boost GDP
Cambodia is paving the way for a greener future by setting clear guidelines for climate action, according to a senior official at the Ministry of Environment. ...
Bor Pich Zelin
https://www.phnompenhpost.com/national/green-strategy-boost-gdp
Zero-snaring campaign set to intensify
Over three million people have been made aware of the zero-snaring campaign through more than 300 news articles and social media posts spread out since its launch, according to a senior Ministry of Environment official. ...
Voun Dara
https://www.phnompenhpost.com/national/zero-snaring-campaign-set-intensify
New commission to iron out knotty gov’t-private tax issues
Deputy Prime Minister and Minister of Economy and Finance (MEF) on Monday asked the Working Group on Law, Tax and Governance of the Government Private Sector Forum (GPS-F) to form an ad-hoc commission to solve complicated technical tax issues by the end of this year, ...
Kang Sothear
https://www.khmertimeskh.com/501375028/new-commission-to-iron-out-knotty-govt-private-tax-issues/
Cambodia’s economy continues to recover strongly, says AMRO
An initial research by an international economic and financial research organisation shows that Cambodia’s economy has continued to recover strongly with a high growth rate that is supported by more active domestic economic activities and growth in its service sector, according to a statement released ...
Kang Sothear
https://www.khmertimeskh.com/501360750/cambodias-economy-continues-to-recover-strongly-says-amro/
China, ASEAN eye closer ties as expo, summit opens
Premier Li Qiang reaffirmed on Sunday Beijing’s commitment to a neighborhood policy of amity, sincerity, mutual benefit, and inclusiveness in bolstering ties with the Association of Southeast Asian Nations, calling for a closer bond of interests between China and the 10-nation regional group. ...
Khmer Times Staff
https://www.khmertimeskh.com/501362741/china-asean-eye-closer-ties-as-expo-summit-opens/
Cambodia imports oil, gas products worth $2.84 billion in first 9 months
Cambodia imported oil and gas products worth $2.84 billion in the first nine months of 2022, up 66 percent from $1.71 billion in the same period last year, according to a report from the General Department of Customs and Excise on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501166331/cambodia-imports-oil-gas-products-worth-2-84-billion-in-first-9-months/
Twenty-one Kratie families lost farmland to social concession
Twenty-one families involved in a years-long land dispute in Kratie province’s Chhlong district, say they are struggling to make ends meet after losing their farmland and have received no compensation from the government. The families from Proma village, Kampong Damrei commune, had their land seized in ...
Seoung Nimol
https://cambojanews.com/twenty-one-kratie-families-lost-farmland-to-social-concession/
Gov’t to issue bonds for second time to borrow $50M from investors
The National Bank of Cambodia (NBC) will proceed with another auction process for the Ministry of Economy and Finance (MEF) to borrow about $50 million from investors for the second time of the government’s plan of issuance for a longer period of time of repayment ...
Kang Sothear
https://www.khmertimeskh.com/501154678/govt-to-issue-bonds-for-second-time-to-borrow-50m-from-investors/
German President visits demining site in Siem Reap
During his official visit in Cambodia, German President Frank-Walter Steinmeier and First Lady Elke Büdenbender yesterday paid a visit to a landmine field being cleared by the Halo Trust in Siem Reap province’s Puok district. ...
Taing Rinith
https://www.khmertimeskh.com/501238752/german-president-visits-demining-site-in-siem-reap/
UN vows support to gov’t for five-year development
The UN in Cambodia expressed support for the government’s efforts to effect economic, environment and social transformation, to be detailed in the UN Development Assistance Framework (UNDAF) which will be signed after a new government has been formed, according to a senior official. ...
Samban Chandara
https://www.phnompenhpost.com/national/un-vows-support-govt-five-year-development
Cambodia, Malaysia team up on capital markets development
The Cambodian and Malaysian securities regulators are joining hands to facilitate better regulatory, supervisory and enforcement cooperation, as well as to develop both ASEAN nations’ securities markets, while factoring in the “growing globalisation and cross-border activities of regulated entities and persons in both countries”, according ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-malaysia-team-capital-markets-development
IOM reaffirms commitment to Kingdom’s migrant workers
International Organisation for Migration (IOM) Asia-Pacific regional director Sarah Lou Ysmael Arriola on May 3 reaffirmed her commitment to assist Cambodia in protecting the rights of migrant workers and improving governance, employment, human resource and migration system development, according to a labour ministry statement. ...
Post Staff
https://www.phnompenhpost.com/national/iom-reaffirms-commitment-kingdoms-migrant-workers
Ministry plans issuance of mining licence for cement
The Ministry of Mines and Energy plans to issue an exploration licence to a locally registered firm, which intends to assess the suitability of northern Kampot province as a source for the minerals used in cement production. ...
Van Socheata
https://www.phnompenhpost.com/national/ministry-plans-issuance-mining-licence-cement
Tourism development underway in Kampong Chhnang province
The government has allocated over 600 hectares of land in Phnom Aural wildlife sanctuary in Kampong Chhnang province to a private company for development. ...
Son Minea
https://www.khmertimeskh.com/501242843/tourism-development-underway-in-kampong-chhnang-province/
‘How can we help grow your economy?’ Australia asks Cambodia
Australia’s special envoy for Southeast Asia Nicholas Moore said his nation has a lot to offer Cambodia and the region where it sees itself as a trusted and reliable partner, according to a statement released by the Australian Embassy in Cambodia Friday. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/how-can-we-help-grow-your-economy-australia-asks-cambodia
International trade down 13% in first half of 2023
Cambodia’s international trade performance in the first half of 2023 registered $23.69 billion, a decrease of 13 percent from $27.24 billion in the same period last year, according to a report from the General Department of Customs and Excise (GDCE) on Monday. ...
Mon Sokeo
https://kiripost.com/stories/cambodia-international-trade-down-13-in-first-half-of-2023
Cambodia set to continue export duty incentives in rubber sector
Cambodia is set to offer tax incentives for another two years on rubber exports, starting from January 1, 2024, aiming to encourage cultivation and support growers and exporters in the face of declining prices due to a drop in international demand. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-set-to-continue-export-duty-incentives-in-rubber-sector
Woori Bank: 30 years of ‘rapid expansion’
Woori Bank, one of South Korea’s leading commercial banks, is set to inject an additional $100 million into its Cambodian operations next year. This “strategic” move is in response to a notable increase in loan demand, aimed at stimulating business activities that slowed during the ...
May Kunmakara
https://www.phnompenhpost.com/business/woori-bank-30-years-rapid-expansion