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Cambodia's trade with ASEAN hit US$4.16 Billion last year

Cambodia’s trade volume with Asean member states reached US$4.16 billion last year, up 12 percent from US$3.71 billion in 2012, Xinhua news agency reported. In the Commerce Ministry’s report released Wednesday, Cambodia exported products equivalent to US$482 million to the Association of Southeast Asian Nations (Asean) ...

Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1019495

Transparency boosting Cambodia factory improvements

Transparent reporting of garment factory compliance in Cambodia is continuing to help to improve conditions for workers, according to a new report. In its third online transparency report, the International Labor Organization (ILO’s) Better Factories Cambodia (BFC) programme said two of the 13 factories in the Low Compliance group had ...

Michelle Russell
http://www.just-style.com/news/transparency-boosting-cambodia-factory-improvements_id123308.aspx

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

Prime Minister says test scores warning to students

Prime Minister Hun Sen on Monday said the pass rate of 25 percent in last month’s grade 12 national exam served as a warning that students could no longer pay their way through school and urged students who failed the exam to embrace their second ...

Khy Sovuthy
http://www.cambodiadaily.com/news/prime-minister-says-test-scores-warning-to-students-67414/

A million tourists gather for Angkor Sangkran

The number of tourists travelling during the three-day Khmer New Year festivities saw a dramatic increase this year, with the largest attraction – Angkor Sangkran in Siem Reap – hosting more than a million visitors last week. ...

May Kunmakara
http://www.phnompenhpost.com/business/million-tourists-gather-angkor-sangkran

GMAC no fan of union law

The Garment Manufacturers Association of Cambodia says it will push for revisions made on the draft trade union law last week to be changed.During a meeting on July 28, the Ministry of Labour said it had revised a number of provisions in the law, which ...

Charles Rollet
http://www.phnompenhpost.com/national/gmac-no-fan-union-law

Clock ticking on city’s waste crisis: reports

The government could be forced to shell out more than $120 million [≈ Finance industry 2011 political donations] to build new landfills over the next decade unless it invests in preventing Phnom Penh’s current site from reaching capacity, according to a pair of new reports. ...

Shaun Turton
http://www.phnompenhpost.com/post-weekend/clock-ticking-citys-waste-crisis-reports

Tax revenues exceed 2019 projections

Sound macro-economic performance coupled with political stability resulted in the Kingdom collecting some $6 billion in tax last year, up more than $1.485 billion on the government’s target of $4.56 billion for the period. of the figure, $2.26 billion was collected by the General Department ...

May Kunmakara
https://www.phnompenhpost.com/business/tax-revenues-exceed-2019-projections

NGO: Data shows ‘wholesale sell-off’

Cambodia should urgently disclose all information about land ownership and rethink its “wholesale sell-off” of the country’s natural resources, a local rights group said yesterday. The call to release information about Cambodia’s land sector, including a declaration of revenues, came as Licadho released an analysis of ...

Daniel Pye and Pech Sotheary
http://www.phnompenhpost.com/ngo-data-shows-wholesale-sell

Student workshop on potential mining sector

The Ministry of Mines and Energy said that the workshop called Petroleum Geological Potential Assessment was held by students from the faculty of mines and geology of the Institute of Technology of Cambodia on Tuesday, presided over by Secretary of State of the Ministry of ...

Khmer Times Staff
https://www.khmertimeskh.com/50760232/student-workshop-on-potential-mining-sector/

Economic co-op deal inked with Philippines

Cambodia and the Philippines have reaffirmed their commitment to boost bilateral trade and increase the volume of investment, to further enhance economic relations between the two ASEAN countries.​ ...

May Kunmakara
https://www.phnompenhpost.com/business/economic-co-op-deal-inked-philippines

The signing of the development objective agreement grants between the Royal Government of Cambodia and the Government of the United States of America

On 25 April 2022, the Council for the Development of Cambodia issued a press release on the signing of the development objective agreement grants between the Royal Government of Cambodia and the Government of the United States of America. The Royal Government of Cambodia, through ...

Council for the Development of Cambodia

Download: pdf

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

TR, ACLEDA join hands to boost human resources

The Trust Regulator (TR) and ACLEDA Institute of Business (AIB) on Friday signed the Memorandum of Understanding (MoU) to improve and develop human resources in the field of the trust sector across all learning institutions in Cambodia. ...

Nhean Chamrong
https://www.khmertimeskh.com/501346749/tr-acleda-join-hands-to-boost-human-resources/

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

Vietnam actively joins cross-border payment connectivity effort

Cambodian media has reported on August 25 that the State Bank of Vietnam (SBV) has signed a Memorandum of Understanding (MoU) on cooperation in regional payment connectivity with the central banks of Indonesia, Malaysia, Philippines, Singapore and Thailand. ...

Khmer Times Staff
https://www.khmertimeskh.com/501349303/vietnam-actively-joins-cross-border-payment-connectivity-effort/

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

MoU signed to strengthen Cambodia’s SME sector

The European Chamber of Commerce and Cambodia Women Entrepreneurs Association (CWEA) have united to promote a sustainable ecosystem for entrepreneurs and SMEs while also boosting Cambodia’s exposure as a foreign investment destination. ...

Mao Sreypich
https://kiripost.com/stories/mou-signed-to-strengthen-cambodias-sme-sector

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

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