RCEP partners witness ongoing growth opportunities
Government officials and business leaders from China and the Association of Southeast Asian Nations are bullish on future business growth opportunities arising from the Regional Comprehensive Economic Partnership agreement, speakers said at the recently concluded 19th China-ASEAN Expo, which was held from Sept 16 to ...
Khmer Times Staff
https://www.khmertimeskh.com/501159266/rcep-partners-witness-ongoing-growth-opportunities/
RCEP will help Cambodia graduate from its least developed country (LDC) status by 2028
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached $28.4 billion in the first 11 months of 2022, a year-on-year increase of 7 percent, the Ministry of Commerce’s latest report showed on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501214449/rcep-will-help-cambodia-graduate-from-its-least-developed-country-ldc-status-by-2028/
ELC land should go to villagers: governor
The governor of Kratie province this week sent a letter to the Ministry of Agriculture, Forestry and Fisheries requesting the reallocation of more than 3,000 hectares of economic land concession (ELC) property to villagers. ...
Pech Sotheary
http://www.phnompenhpost.com/national/elc-land-should-go-villagers-governor
Cambodia’s export to other RCEP members sharply up in 10 months
Cambodia exported $6.45 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first 10 months of 2023, up 26.5 percent from the same period last year, said a Ministry of Commerce’s report on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501402629/cambodias-export-to-other-rcep-members-sharply-up-in-10-months/
Japan gives more grants for schools
The Japanese government Friday granted nearly $20,000 to repair and upgrade fascilities at schools in two provinces. ...
Pav Suy
http://www.khmertimeskh.com/news/18903/japan-gives-more-grants-for-schools/
Hun Sen says CPP will never tax farmland
Prime Minister Hun Sen has said the ruling Cambodian People’s Party (CPP) will never tax farmland. “It would burden our farmers,” he said in Takeo Sunday. “Although national revenue that comes from land taxes is spent on building roads, water systems, hospitals and schools, we still ...
370 workers faint at Cambodia factories after nearby farmer sprays pesticides
About 370 workers fainted at Cambodian factories in the past two days, possibly because of pesticide spraying on nearby rice fields, officials said Friday. The garment industry is Cambodia’s biggest export earner, employing about 700,000 people in more than 700 garment and shoe factories. In ...
The Associated Press News Staff
http://www.ctvnews.ca/world/370-workers-faint-at-cambodia-factories-after-nearby-farmer-sprays-pesticides-1.2667077
Ocean garment workers on strike after factory halts operations
About 1,000 workers protested outside Ocean Garment factory in Phnom Penh’s Pur Senchey district on Wednesday to demand compensation for being out of work while the factory suspends its operations for a month due to flagging demand from buyers, a union leader said. Workers have been ...
Mech Dara
http://www.cambodiadaily.com/news/ocean-garment-workers-on-strike-after-factory-halts-operations-59954/
Officials on run after journalist reports threats, illegal timber
A reporter in Mondulkiri province who climbed a mango tree to look into a police official’s compound for a rumored stash of illegal timber over the weekend says he was later detained and threatened with a beating. ...
Ben Sokhean
https://www.cambodiadaily.com/news/officials-on-run-after-journalist-reports-threats-illegal-timber-115055/
Kingdom's exports jump 44%
Cambodia’s total exports rose more than 40 per cent year-on-year through October, carried by strong growth in agriculture shipments. Total exports reached US$4.05 billion in the first 10 months of 2011 compared with $2.82 billion during the same period last year, an increase of 44 per ...
http://www.phnompenhpost.com/index.php/2011112552966/Business/kingdoms-exports-jump-44.html
175 tenants employ ‘30,000’ at S’ville SEZ
The Sihanoukville Special Economic Zone (SSEZ), the Kingdom’s largest industrial park in terms of size and occupancy, now houses 175 tenants, which employ about 30,000 people, according to local reports. Notable nationalities of enterprise owners include China and the US, as well as those from ...
ហ៊ិន ពិសី
https://www.postkhmer.com/business/2023-05-15-0647-250046.html
SSEZ imports, exports hit $1.77B in Jan-Oct
The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) reached $1.767 billion in the first 10 months of 2021, marking a 38.81 per cent year-on-year uptick from $1.273 billion, the operator reported on November 17. ...
Hin Pisei
https://www.phnompenhpost.com/business/ssez-imports-exports-hit-177b-jan-oct
RCEP enables trade among Asian neighbours to ripen
Trucks loaded with Vietnamese durians lined up for customs inspections recently at the China and Vietnam Youyi Pass, a border crossing located in a natural gap between a series of steep cliffs and hills covered in conifers and bamboo on the border of the two ...
Khmer Times Staff
https://www.khmertimeskh.com/501234938/rcep-enables-trade-among-asian-neighbours-to-ripen/
Unions want arbitration council deal renewed
Trade unions at either end of the political divide Wednesday said they were eager to renew their agreement with garment factories to abide by the rulings of the country’s Arbitration Council, with some changes, despite a new report showing that both unions and employers often ...
Zsombor Peter
http://www.cambodiadaily.com/business/unions-want-arbitration-council-deal-renewed-65410/
Cambodia’s trade with RCEP countries up 14.6 pct in Q1
Cambodia’s trade with Regional Comprehensive Economic Partnership (RCEP) countries reached $8.36 billion in the first quarter (Q1) of 2024, up 14.6 percent from $7.29 billion over the same period last year, said the Ministry of Commerce’s report released on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501472193/cambodias-trade-with-rcep-countries-up-14-6-pct-in-q1/
Sihanoukville waste firm fined $250K
Chugyuen Plastic Manufacture Co Ltd has been ordered to return 83 containers filled with plastic waste found at Sihanoukville port to their countries of origin. The company has been fined more than one billion riel ($250,000) for illegally importing the waste. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/sihanoukville-waste-firm-fined-250k
Journos: Drop RFA charges
Some 40 local and international journalists from several media outlets in Cambodia released an open letter on Thursday, calling for the court to drop charges against two former Radio Free Asia (RFA) reporters. The call comes following the release of journalists Uon Chhin and Yeang ...
Long Kimmarita
https://www.phnompenhpost.com/national/journos-drop-rfa-charges
Industry largely bullish on AEC integration
Government and business representatives continue to remain optimistic about Cambodia’s prospects after the ASEAN Economic Community integration next year, saying that the Kingdom had upped production levels and strengthened quality measures to remain competitive in the region. ...
Sor Chandara
http://www.phnompenhpost.com/business/industry-largely-bullish-aec-integration
Industry Ministry to Be Split, New ‘Handicraft’ Focus
The National Assembly is set to dismantle the Ministry of Industry, Mines and Energy, rebuilding it as the Ministry of Mines and Energy and creating a new Ministry of Industry and Handicrafts, a senior CPP lawmaker confirmed on Friday. The move comes just a few weeks ...
Kuch Naren
http://www.cambodiadaily.com/news/industry-ministry-to-be-split-new-handicraft-focus-46782/
Tax reform looms large for new government
Cambodia’s General Department of Taxation has laid out a series of reforms it says are needed as the 2015 deadline looms for the Asean Economic Community, a single market for trade and development. Strengthening tax collection to increase revenue while nurturing an attractive investment climate is ...
Daniel de Carteret
http://www.phnompenhpost.com/business/tax-reform-looms-large-new-government