China, Cambodia to share credit reports
The central banks of Cambodia and China are in talks to share customers’ credit reports in an effort to boost bilateral private investment, as a response to rising trade between The two countries. The National Bank of Cambodia (NBC) director general Chea Serey told Khmer Times ...
May Kunmakara
http://www.khmertimeskh.com/news/32409/china--cambodia----to-share-credit-reports/
Tax regulation gets a shake up
In an effort to centralise tax registrations and improve taxpayer accountability, the Ministry of Economy and Finance (MoEF) this month passed a raft of changes to the country’s tax registration regulations. Prakas 1139, issued by the MoEF on October 9, states that all legal entities including ...
Eddie Morton
http://phnompenhpost.com/post-weekend/tax-regulation-gets-shakeup
Hundreds pray for release of unionists
Hundreds of workers from the Agile Sweater factory in Kampong Speu province gathered in front of the provincial court yesterday, praying for authorities to release five unionists arrested at the factory on Tuesday. ...
Mech Dara
http://www.phnompenhpost.com/national/hundreds-pray-release-unionists
Protest to greet Union Law vote
As the National Assembly finally comes face to face with the draft union law today, it is unclear whether opposition lawmakers will vote against the contentious legislation. Independent trade unions, meanwhile, are planning a protest outside parliament. ...
Meas Sokchea
http://www.phnompenhpost.com/national/protest-greet-union-law-vote
Six Cambodian women to be returned from China
Six Cambodian women trafficked to China to become brides and seven Cambodian victims of labor exploitation in Saudi Arabia will be repatriated by the end of the month, the Ministry of Foreign Affairs announced Monday. ...
Kuch Naren
http://www.cambodiadaily.com/news/six-cambodian-women-to-be-returned-from-china-68087/
Power trade talks with Thailand are planned
Cambodia is planning talks with the Electricity Generating Authority of Thailand (Egat) to purchase 300MW of power, Ministry of Mines and Energy official Victor Jona said on Tuesday. Jona, the director-general of the ministry’s General Department of Energy, told the Post that the talks could ...
Thou Vireak
https://www.phnompenhpost.com/business/power-trade-talks-thailand-are-planned
What explains Cambodia’s COVID-19 vaccine distribution success?
One of the less heralded recent aspects of the COVID-19 story in Southeast Asia has been Cambodia’s remarkable success in vaccine distribution. As of September 6, just over two-thirds of the country’s population had received at least one dose of vaccine, while 53 percent were ...
Sebastian Strangio
https://thediplomat.com/2021/09/what-explains-cambodias-covid-19-vaccine-distribution-success/
Cambodia to fill gap in aviation training
An aviation training centre was being planned that would allow the Kingdom to meet the demands of its surging tourism market, a State Secretariat of Civil Aviation official said yesterday. About 1.5 million visitors arrived in Cambodia by air in 2011, a 16 per cent jump ...
Cambodia attracts $3.76 billion investment in Q3
Cambodia attracted a fixed-asset investment of almost $3.76 billion in the three-quarter period of this year, up 8.6 percent from $3.46 billion over the same period last year, according to the Council for the Development of Cambodia (CDC) report on Saturday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501373254/cambodia-attracts-3-76-billion-investment-in-q3/
Deal inked to introduce financial literacy to curriculum
The National Bank of Cambodia (NBC) and Ministry of Education have signed a Memorandum of Understanding (MoU) to include The third phase of Embedding Financial Literacy into The school curriculum to raise awareness and improve student capability in financial management as The economy evolves. ...
Mao Sreypich
https://kiripost.com/stories/deal-inked-to-introduce-financial-literacy-to-curriculum
Businesses know little of the letter of the law
Cambodia entrepreneurs faced considerable problems when it came to obeying tax laws and other regulations, officials at a seminar about that very subject said yesterday. the VDB Loi company organised the seminar on “New Practices and Preferential Trade Rules” with the co-operation of the General Department of Customs and ...
One province, one SME zone
Next year will be breakout year for Cambodia’s small and medium enterprises (SMEs), with specific zones being organized in each province to promote productivity, quality and regional competitiveness, the president of the SME federation said yesterday. Te Taing Por, president of the Federation of Associations ...
Sok Chan
http://www.khmertimeskh.com/news/30599/one-province--one-sme-zone/
CDC okays $2.38B of projects in Jan-Feb
The Council for The Development of Cambodia (CDC) has in The first two months of this year announced its approval of final registration certificates for 37 investment projects worth about $2.38 billion, an indication of significant progress in economic recovery as Covid-19 wanes. ...
Hom Phanet
https://www.phnompenhpost.com/business/cdc-okays-238b-projects-jan-feb
India loan signed to fund dam in Kampong Speu
India’s state-owned Export-Import Bank agreed to loan $36.92 million to the Cambodian government to fund the development of a dam and reservoir in Kampong Speu province. ...
Hor Kimsay
http://www.phnompenhpost.com/business/india-loan-signed-fund-dam-kampong-speu
Cambodia, Laos ink MoU for securities market development
The Securities and Exchange Regulator of Cambodia (SERC) signed a Memorandum of Understanding (MoU) with The Lao Securities Commission office (LSCO) to collaborate in The regulation and development of securities markets in both countries, said an official. ...
Kang Sothear
https://www.khmertimeskh.com/501342653/cambodia-laos-ink-mou-for-securities-market-development/
Government considers delay of business registration
Fewer than half of Cambodia’s 42,000 registered businesses have met the government’s deadline for reregistering online, prompting the Ministry of Commerce to consider another extension, a spokeswoman said on Tuesday. ...
Kang Sothear
https://www.cambodiadaily.com/business/government-considers-delay-business-registration-118856/
Kingdom to export crocodile skins
Cambodia will export 1,000 crocodile skins to France next month in a pilot project that, if successful, will look to increase the sale of skins to the EU, according to a Siem Reap crocodile farmers association representative. ...
Chan Muyhong
http://www.phnompenhpost.com/business/kingdom-export-crocodile-skins
Yuan use gains traction as trade link with China grows
With trade and investment between Cambodia and China steadily increasing, Chinese currency-backed settlements for cross-border commerce have sharply taken off as the Kingdom continues to deepen its economic dependency on the northern giant, a central bank official said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/yuan-use-gains-traction-trade-link-china-grows
Cambodia mulls DTA talks with seven countries
Cambodia is mulling Double Taxation Avoidance (DTA) deals with seven countries, naming the Philippines, Laos, Myanmar, France, Japan, Morocco, and the United Arab Emirates, the General Department of Taxation (GDT) said in a press release last week. ...
Chea Vanyuth
https://www.khmertimeskh.com/501475836/cambodia-mulls-dta-talks-with-seven-countries/
Rural access to water, sanitation improves
According to the report, the number of people living in rural areas who had access to clean water increased from half in 2015 to 53 percent in 2016, while access to sanitation, such as proper toilets, increased nearly 10 percent to 56 percent. ...