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
Ministry gives greenlight to resume early education
Minister of Education, Youth and Sport Hang Chuon Naron has given the green light for early childhood education service providers to resume operations nationwide from January 10 through at least October 31, 2022. ...
Voun Dara
https://www.phnompenhpost.com/national/ministry-gives-greenlight-resume-early-education
Cambodia-US trade rises 32%
Bilateral trade between Cambodia and the US in the first 11 months of 2021 topped $8.396 billion, surging by more than 32.1 per cent from over $6.355 billion in the same period last year, according to US Census Bureau (USCB) data on January 10. ...
Hom Phanet
https://www.phnompenhpost.com/business/cambodia-us-trade-rises-32
GDT intends to simplify tax payments for all businesses
Cambodian taxes can currently be paid at 10 commercial banks, thanks to memorandums of understanding (MoU) signed by the Ministry of Economy and Finance in a bid to improve tax administration efficiency and make life easier for taxpayers, according to a General Department of Taxation ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-intends-simplify-tax-payments-all-businesses
Kampong Speu cement factory to ‘cut imports, lift production’
A $258 million cement factory in Kampong Speu, approved by the Council for the Development of Cambodia (CDC) on August 24, is expected to raise the nation’s cement production capacity to more than 10 million tonnes per year. ...
Hin Pisei
https://www.phnompenhpost.com/business/kampong-speu-cement-factory-cut-imports-lift-production
Climate change driving rise in natural disasters: NCDM
Over 100 people have been killed, 250 injured and 10,000 homes damaged by strong winds, lightning and fires across Cambodia in the first nine months of the year, according to a report from the National Committee for Disaster Management (NCDM). ...
Orm Bunthoeurn
https://phnompenhpost.com/national/climate-change-driving-rise-natural-disasters-ncdm
CPBANK, ADB partner on small business loan project
Cambodia Post Bank Plc (CPBank) has partnered with the Asian Development Bank (ADB) on a $10 million loan initiative to provide to the Kingdom’s micro-, small- and medium-sized enterprises (MSME) to support their recovery after years of Covid-related disruptions, according to ADB. ...
May Kunmakara
https://www.phnompenhpost.com/business/cpbank-adb-partner-small-business-loan-project
China, Vietnam, Thai markets make up 70% of Cambodia’s imports
Mainland China, Vietnam and Thailand accounted for $7.259 billion or 71.81 per cent of Cambodia’s total goods imports in the first five months of 2023, which amounted to $10.109 billion, according to the General Department of Customs and Excise of Cambodia (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/china-vietnam-thai-markets-make-70-cambodias-imports
Cambodia’s Special Economic Zone: Decade of remarkable transformation under BRI
On the occasion of the third Belt and Road Forum for International Cooperation, an achievement unveiling ceremony took place in Beijing on Tuesday to mark the development of Cambodia’s Sihanoukville Special Economic Zone during the past 10 years under the Belt and Road Initiative. ...
Khmer Times Staff
https://www.khmertimeskh.com/501379750/cambodias-special-economic-zone-decade-of-remarkable-transformation-under-bri/
NEC outlines equity programme for Senate Election campaigns due next month
The National Election Committee (NEC) has announced a Campaign Equity Programme to guarantee equal opportunities for political parties to disseminate their political platforms during the 5th Mandate Senate Election Campaign between February 10 and 23 this year. ...
Building Boom Causes Asian Sand Smugglers to Expand
Singapore’s decades-long effort to reclaim land from the ocean has expanded the nation’s coastline and fueled its building boom. But it has also depleted its supply of sand. In recent years, the massive sand shortage has been worsened by export bans by neighboring countries, driving ...
Four More Named in Fertilizer Embezzlement Scandal
An official from Battambang province’s department of agriculture who was charged last Monday with embezzling $200,000 from the illegal sale of fertilizer donated to the poor by Japan has implicated four other officials in the case, including the son of senior CPP lawmaker Cheam Yeap, ...
Eang Mengleng
http://www.cambodiadaily.com/news/four-more-named-in-fertilizer-embezzlement-scandal-41913/
No Change to Reserve Requirement
Cambodia has decided not to increase its reserve requirement for banks to tackle inflation, National Bank of Cambodia Director General and spokeswoman Nguon Sokha said yesterdayThe Kingdom’s reserve-requirement rate for banks stands at 12 percent, meaning 12 percent of total deposits at banks must be ...
http://www.phnompenhpost.com/index.php/2011081851125/Business/no-change-to-reserve-requirement.html
Emergency cabinet meeting called over floods
An emergency cabinet meeting has been called for today to discuss disaster response and prevention in the face of severe flooding that has hit many parts of the country. More than 132,000 hectares of rice paddy field have been inundated with water since flooding began earlier ...
Flooding destroys 3% of national crop
Three percent of the country’s rice crops have been destroyed by flooding in provinces along the Mekong River and around the Tonle Sap lake, and another seven percent is at risk of being lost, the minister of agriculture said yesterday. New government estimates also show that ...
Krama petition urges government to abandon trio of laws
Rolling out what may be the world’s longest krama, some 130 protesters presented the National Assembly with a petition yesterday morning bearing thousands of thumbprints urging lawmakers not to pass a trio of pending laws. “We all urge the government to stop its attempt to pass ...
Informal Pharmacies Continue To Operate Despite Crackdown
There are no reliable figures on the number of illegal pharmacies operating nationwide, but the government insists that the problem is a thing of the past. At the launch of an anti-drug campaign at the US Embassy in Phnom Penh on Monday, Chou Yin Sim, secretary ...
Bitter harvest for rice farmers
It’s almost 10 in the morning in Battambang province’s Bavel district and the blazing sun would deter anyone from venturing too far from the cool comfort of their thatched huts in this rice-growing area. But for many families whose livelihoods depend on rice farming, braving the ...
Chea Vannak
http://www.khmertimeskh.com/news/29992/bitter-harvest-for-rice-farmers/
Two months to claim land certificates
City Hall said villagers affected by the development project of the Overseas Cambodia Investment Corporation (OCIC) in Phnom Penh’s Chroy Changvar district would have two months to claim the certificate of land policy before it would stop assuming responsibility for losses, according to a statement ...
Pech Sotheary
http://www.khmertimeskh.com/news/29893/two-months-to-claim-land-certificates/
China gives Cambodia aid and thanks for ASEAN help
China has pledged more than $500 million in soft loans and grants to Cambodia and Prime Minister Wen Jiabao thanked it for helping Beijing maintain good relations with the regional grouping ASEAN, a Cambodian junior minister said. A summit of the 10 members of the Association ...
http://www.reuters.com/article/2012/09/04/cambodia-china-idUSL4E8K41I320120904