New BKK1 condo development shoots for 2017 completion
Nine floors of the 32-storey BKK1 condominium project, Platinum Bay, are now completed and construction is slated to be completed by mid-2017. Platinum Bay is located on Street 282, not far from the soon-to-be-completed De Castle Royal, a part of town that property insiders see as ...
Siv Meng
http://www.phnompenhpost.com/real-estate/new-bkk1-condo-development-shoots-2017-completion
Cambodia’s Opposition MPs Take Parliamentary Oath
Cambodia’s King Norodom Sihamoni swore in opposition leader Sam Rainsy and 54 others from his party as lawmakers Tuesday, bringing to an end their 10-month boycott of parliament following disputed national elections. The ceremony at the Royal Palace in the capital Phnom Penh came two weeks ...
Joshua Lipes
http://www.rfa.org/english/news/cambodia/oath-08052014172933.html
Officials plant 2,000 tree saplings at Angkor area
More than 200 officials from the Apsara Authority and the Royal Academy of Cambodia have planted 2,000 tree saplings at the Prasat Prei temple in Siem Reap province’s Angkor Archaeological Park to further restore forest cover, as trees play an important role in the preservation ...
Pech Sotheary
https://www.khmertimeskh.com/50746698/officials-plant-2000-tree-saplings-at-angkor-area/
Agriculture share of Kingdom’s GDP on track to hit 32 per cent
The agricultural industry is on track to account for 32 per cent of Cambodia’s gross domestic product (GDP) by the end of the year as more of the Kingdom’s workforce moves into the sector, Royal Academy of Cambodia economics researcher Ky Sereyvath has said. ...
Thou Vireak
https://www.phnompenhpost.com/business/agriculture-share-kingdoms-gdp-track-hit-32-cent
Cambodia, Malaysia to enhance trade and economic ties
Cambodia and Malaysia are looking forward to enhancing the cooperation in trade and economic ties. Prime Minister of Malaysia Datuk Seri Ismail Sabri Yaakob, who is in capital on a two-day official visit, is scheduled to have a royal audience with Cambodian King Norodom Sihamoni ...
Chea Vanyuth
https://www.khmertimeskh.com/501030560/cambodia-malaysia-to-enhance-trade-and-economic-ties/
Ministry of Finance says the issuance of $300 million in securities is scheduled for June
The Royal Government of Cambodia plans to officially issue $300 million in securities this month. This is according to Mang Sopheara, Deputy Director General of the General Department of International Cooperation and Debt Management of the Ministry of Economy and Finance and a member of ...
Khmer Times Staff
https://www.khmertimeskh.com/501085891/ministry-of-finance-says-the-issuance-of-300-million-in-securities-is-scheduled-for-june/
FAO hands over equipment to strengthen Cambodia’s capacity for transparency on nationally determined contributions reporting
The Food and Agriculture Organization of the United Nations has handed over a set of server database stations and information technology equipment including software, to the General Directorate of Natural Protected Areas (GDNPA) of the Royal Government of Cambodia’s Ministry of Environment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501353578/fao-hands-over-equipment-to-strengthen-cambodias-capacity-for-transparency-on-nationally-determined-contributions-reporting/
PM and his spouse leave Phnom Penh to attend the “United Nations 78th General Assembly
Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, and his spouse Dr. Pech Chanmony, led a high-level delegation of the Royal Government of Cambodia to attend the “United Nations for the 78thGeneral Assembly” in New York, USA from September 21 to 25, 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501364301/pm-and-his-spouse-leave-phnom-penh-to-attend-the-united-nations-78th-general-assembly/
GDT’s tax collection target for 2023 up by $750M
The General Department of Taxation (GDT) has been given a stiff tax collection target of $3.5 billion for next year, $750 million more than the current year’s budget target, said Kong Vibol, Minister attached to the Prime Minister and Delegate of the Royal Government in ...
Manoj Mathew
https://www.khmertimeskh.com/501175487/gdts-tax-collection-target-for-2023-up-by-750m/
Covid boom in staff seen at capital’s SEZ
Public-listed industrial-park operator Phnom Penh SEZ Plc (PPSP) revealed that employment among the 120 tenants of its Royal Group Phnom Penh Special Economic Zone (RGPPSEZ) southwest of the capital’s airport has increased by over 85 percent since 2019, despite the Covid-19 crisis and resulting job ...
May Kunmakara
https://www.phnompenhpost.com/business/covid-boom-staff-seen-capitals-sez
Implementation of new income, salary tax come into effect
All organisations and institutions associated with the Royal Government of Cambodia have started implementing the new taxes on the annual income of individuals and sole proprietorship businesses and monthly salaries of resident employees from January 1, 2023, following a new sub-decree issued on September 28, ...
Kang Sothear
https://www.khmertimeskh.com/501213229/implementation-of-new-income-salary-tax-come-into-effect/
PP-SR-Poipet Expressway project study agreement inked
The infrastructure construction firm Chinese Road and Bridge Corporation (CRBC) yesterday entered into a framework agreement with the Royal Government of Cambodia (RGC) represented by the Ministry of Public Works and Transport (MPWT) to complete the detailed study on the $4 billion Phnom Penh-Siem Reap-Poipet ...
Kang Sothear
https://www.khmertimeskh.com/501304266/pp-sr-poipet-expressway-project-study-agreement-inked/
PP-Bavet Expressway construction set to begin
The Royal Government of Cambodia (RGC) yesterday signed the Public-Private Partnership (PPP) contract with the Chinese infrastructure construction firm China Road and Bridge Corporation (CRBC) to start the construction of Cambodia’s second expressway project Phnom Penh-Bavet Expressway (PP-Bavet Expressway) worth $1.4 billion early next month. ...
Kang Sothear
https://www.khmertimeskh.com/501292966/pp-bavet-expressway-construction-set-to-begin/
GDT eyes over $4 billion in tax revenue next year, says Vibol
The General Department of Taxation (GDT) is targeting $4.162 billion in 2024, which is a 20 percent increase from the target set for the current year, according to Kong Vibol, Minister Attached to the Prime Minister and Delegate of the Royal Government In-Charge as Director-General ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501407307/gdt-eyes-over-4-billion-in-tax-revenue-next-year-says-vibol/
Gov’t forms working groups to implement public services
Two days after Prime Minister Hun Manet announced a budget of $450 million to upgrade the public services across the nation, the Royal Government of Cambodia (RGC) on Thursday officially kick-started forming working groups across 14 districts in the Capital to effectively buttress the public ...
Nhean Chamrong
https://www.khmertimeskh.com/501438198/govt-forms-working-groups-to-implement-public-services/
Cambodia encourages Australia to do business and investment in high-value-added sectors
Cambodia has encouraged Australian business and investor community to further increase business and investment activities in high-value-added sectors such as agriculture and agro-processing, logistics, e-commerce, and digital technology, considered as priority sectors for economic development of the Royal Government of Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501451368/cambodia-encourages-australia-to-do-business-and-investment-in-high-value-added-sectors/
Kingdom raises $58 million from government bond issuance in 2023
The Royal Government of Cambodia has raised $58.26 million in funds through government bond issuance in 2023. As per current regulations, the country can raise bonds for up to $200 million. The current bond issuance takes up 29 percent of the limit. ...
Chea Vanyuth
https://www.khmertimeskh.com/501457942/kingdom-raises-58-million-from-government-bond-issuance-in-2023/
Chinese 'no-strings' loans come at a cost
As government borrowing from China continues to increase, a new study released yesterday showed that Chinese concessional loans carry higher interest than any others. According to the study, released by the NGO Forum on Cambodia at a workshop in Phnom Penh, China’s average interest rate on ...
PPWSA sets an IPO date
Phnom Penh Water Supply Authority aimed to raise US$20.4 million in a long-awaited initial public offering scheduled for mid-April, the company said yesterday during its first pitch to investors. “We’ve targeted trading for the 18th of April,” said Han Kyung-tae, managing director of Tong Yang ...
Cambodian water utility to price IPO on 18 April
Phnom Penh Water Supply Authority is gearing up to price an initial public offering of up to $24 million on 18 April, making it the first stock to be traded on Cambodia’s fledgling stock exchange. Huy Vatharo, an executive director at underwriter Tong Yang Securities, ...
http://www.globalwaterintel.com/news/2012/9/cambodias-water-utility-price-ipo-18-april.html