Bank Predicts 6.8% Economic Growth in 2012
The Asian Development Bank (ADB) has released figures which show they believe that the Cambodian economy will grow between 6.8 and 7 percent in 2013 and 6.8 percent in 2012. Their reporting sites the growth in the Cambodian garment industry as a major factor. The ...
Slow year for Japanese investment
The Japanese embassy is reporting a $280 million drop in Japanese investment last year, but officials were quick to say that the numbers don’t necessarily reflect slumping investor confidence in Cambodia. Japanese investment in the Kingdom reached about $47.5 million in 2013, compared to $328 million ...
Hor Kimsay and Eddie Morton
http://www.phnompenhpost.com/business/slow-year-japanese-investment
Cambodia’s export to RCEP countries up 5 percent at $5.6B
Cambodia exported $5,671 million worth of goods to the members of the Regional Comprehensive Economic Partnership (RCEP) countries in eleven months of last year, an increase of 5 percent compared to the same period last year, data from the Ministry of Commerce showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501213231/cambodias-export-to-rcep-countries-up-5-percent-at-5-6b/
Cambodia’s exports to RCEP countries rise 23% to $5.8B
Cambodia’s exports to the Regional Comprehensive Economic Partnership (RCEP) countries continued to increase, indicating the emergence of a growing market for the country’s products. ...
Chea Vanyuth
https://www.khmertimeskh.com/501382492/cambodias-exports-to-rcep-countries-rise-23-to-5-8b/
Kingdom's 2011 GDP hits 6.9%
Cambodia’s gross domestic product grew 6.9 per cent year-on-year in 2011, and is set to increase to 6.5 per cent this year, according to preliminary projections from the Ministry of Economy and Finance. Agriculture, which was hit hard by floods last year, climbed 3.3 per cent, ...
http://www.phnompenhpost.com/index.php/2012012754182/Business/kingdoms-2011-gdp-hits-69.html
Opposition supporters rally at Prey Sar prison to ask for the release of five lawmakers
About 100 CNRP activists and supporters gathered Thursday at Prey Sar prison to put pressure for the release of five opposition lawmakers and another supporter who are under detention. Policemen were seen guarding around the Prey Sar prison to prevent the protesters from approaching the site, ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MWM3ODZkODg2MDI
Poipet SEZ signs first lease to Japan firm
Japanese firm Sumitronics signed a lease to become the first tenant at the Poipet Special Economic Zone, which was established as a subsidiary of the publicly listed Phnom Penh Special Economic Zone (PPSEZ) in 2014. The electronics firm leased a 1-hectare plot of land in ...
Robin Spiess
https://www.phnompenhpost.com/business/poipet-sez-signs-first-lease-japan-firm
RCEP to help Cambodia graduate from LDC status as early as 2028
Undersecretary of State and Spokesman of the Cambodian Ministry of Commerce Penn Sovicheat said the RCEP could help Cambodia graduate from its least-developed country status as soon as 2028. ...
Khmer Times Staff
https://www.khmertimeskh.com/501219474/rcep-to-help-cambodia-graduate-from-ldc-status-as-early-as-2028/
After Arrests, NGOs Continue Petitioning to ‘Free the 23′
Following the arrest of 11 activists on Tuesday as they attempted to deliver a petition to the U.S. and French embassies seeking the release of 23 jailed protesters, NGO representatives quietly delivered similar petitions to the Japanese Embassy and European Union headquarters Wednesday. The petitioners, representing ...
Aun Pheap and Mech Dara
http://www.cambodiadaily.com/news/after-arrests-ngos-continue-petitioning-to-free-the-23-50966/
Ocean reps take case to arbitration
Twenty representatives of workers locked in a monthlong dispute with management at the Ocean Garment factory appeared before the Arbitration Council yesterday, a union official said. A spokesman from the Arbitration Council yesterday told the Post that such cases are typically sorted out within 15 working days. ...
Mom Kunthear
http://www.phnompenhpost.com/national/ocean-reps-take-case-arbitration
Economy resilient to global headwinds: World Bank
Despite global uncertainty related to political shifts in the West and a continued Chinese economic slowdown, Cambodia showed strong growth prospects for the next several years, according to the World Bank’s latest report. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/economy-resilient-global-headwinds-world-bank
PM raises doubts on ASEAN Economic Community
Prime Minister Hun Sen questioned yesterday the extent of the ASEAN Economic Community’s (AEC) commitment towards forming an inclusive economic region as countries continue to compete with each other for agricultural exports and inflows of foreign direct investment. ...
Kali Kotoski
http://www.phnompenhpost.com/business/pm-raises-doubts-asean-economic-community
SSEZ handles $994M in goods
The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) neared the $1 billion mark in the first half of this year, despite a spiralling third wave of coronavirus infections, dubbed the “February 20 community event”. ...
Hin Pisei
https://www.phnompenhpost.com/business/ssez-handles-994m-goods
Cambodia needs to polish reputation
The chief economist at the Economic Research Institute for ASEAN and East Asia says Cambodia needs to attract greater numbers of multinational companies and treat them well, in order to establish production networks that will transfer technology to smaller Cambodian businesses. In an interview with the ...
Kingdom pushes power grid
The Cambodian government yesterday offered a subsidy on equipment to private electricity distributors in an effort to expand the Kingdom’s limited power grid. Private power suppliers who have completed between 70 to 80 per cent of their planned investments in electricity networks can request subsidies on ...
http://www.phnompenhpost.com/index.php/2011122053502/Business/kingdom-pushes-power-grid.html
Repo auction offers quick liquidity fix
The National Bank of Cambodia rolled out a new mechanism yesterday that offers immediate liquidity to financial institutions to cover their payments and reserve obligations, while giving the central bank greater control over the country’s money supply and moving toward the establishment of a benchmark ...
Hor Kimsay
http://www.phnompenhpost.com/business/repo-auction-offers-quick-liquidity-fix
Cambodian Stock Exchange Set to Launch
The Cambodian Stock Exchange(CSX) has prepared its initial public offerings in a symbolic launch, though no public trading was offered. Finance Minister Keat Chhon and his South Korean partners hold a 49 percent stake in exchange. Two state-owned companies will go public including: the Phnom ...
Trademark protection deemed vital for innovation
Newly appointed Minister of Commerce Pan Sorasak issued a shot across the bow yesterday at individuals and companies that infringe on the intellectual property of other firms, warning his ministry was ready to take action against violators. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/trademark-protection-deemed-vital-innovation
Announcement of the Ministry of Economic on the revision and discussion meeting on the draft of Public Investment Management
On 03 March 2020, the Ministry of Economic has posted an announcement on its official Facebook page about the meeting of the ministry’s officers on the revision and discussion of the two drafts namely, the draft of the Sub-decree on the public investment management and ...
Ministry of Economic
Ministry revamps self-assessment tax regime classifications
The Ministry of Economy and Finance has issued a prakas (directive) for the classification of taxpayers doing business in the Kingdom currently under the existing self-assessment regime. ...
Sok Chan
https://www.khmertimeskh.com/50804495/ministry-revamps-self-assessment-tax-regime-classifications/