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Regional appeal courts set in motion

King Norodom Sihamoni has issued a royal decree ordering the opening of three regional appeal courts in Preah Sihanouk, Battambang and Tbong Khmum provinces.   ...

Voun Dara
https://www.phnompenhpost.com/national/regional-appeal-courts-set-motion

Bikes, timber pieces seized in Mondulkiri, Ratanakkiri

Three purpose-fitted motorbikes used to carry processed wood and 12 illegal timber pieces of koki and sokrom luxury wood were seized by the Royal Gendarmerie in O’Yadav district, in Ratanakkiri province, and police in Mondulkiri’s Keo Seima district, for further legal action, said the provincial ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/bikes-timber-pieces-seized-mondulkiri-ratanakkiri

Navy rejects US concern over upgrade of Ream base

The Royal Cambodian Navy yesterday brushed aside a concern raised by the United States Department of Defense which alleged that the Kingdom may be hosting China military assets and personnel at Ream Naval Base after Cambodia demolished a US-built facility at the naval base in ...

Ben Sokhean
https://www.khmertimeskh.com/50769633/navy-rejects-us-concern-over-upgrade-of-ream-base/

PM: No need to close Phnom Penh or Cambodia because of Omicron

Responding to rumours that the Royal Government plans to close Phnom Penh or close the country after the spread of Omicron, PM Hun Sen has declared that there is no need to for closure like in 2021 due to the high vaccination rate. ...

Khmer Times Staff
https://www.khmertimeskh.com/501029667/pm-no-need-to-close-phnom-penh-or-cambodia-because-of-omicron/

Do not be afraid to rent a plane to evacuate Cambodian nationals from Israel, says Samdech Hun Sen

Samdech Hun Sen, President of the ruling Cambodian People’s Party and former Prime Minister of Cambodia, has recommended the Royal Government not be afraid of spending money to rent a unique plane to bring home the Cambodian nationals from Israel if the Israeli government requests ...

Khmer Times Staff
https://www.khmertimeskh.com/501373972/do-not-be-afraid-to-rent-a-plane-to-evacuate-cambodian-nationals-from-israel-says-samdech-hun-sen/

ADB urged to help upgrade R&D ‘skills for future economy’ in Cambodia

The Asian Development Bank is engaged in developing a new project called ‘Skills for Future Economy’ with the purpose of improving the industry in Cambodia, according to a senior officer of the Royal Government of Cambodia. ...

Sok Sithika
https://www.khmertimeskh.com/501147792/adb-urged-to-help-upgrade-rd-skills-for-future-economy-in-cambodia/

Cambodia, Germany explore investment diversification

German delegation led by Michael Keller, Secretary of State of the Federal Ministry of Economic Affairs and Climate Action yesterday called on Sok Chenda Sophea, Minister attached to Prime Minister and Secretary General of the Council for the Development of Cambodia (CDC)—the highest decision making ...

Kang Sothear
https://www.khmertimeskh.com/501239504/cambodia-germany-explore-investment-diversification/

Finance ministry unveils 2030-vision toolkit

The Ministry of Economy and Finance on February 15 published a document establishing a series of internal goals, objectives, approaches and actions with a vision to 2030, to better align with the Royal Government of Cambodia’s (RGC) policies and strategies. ...

Hin Pisei
https://www.phnompenhpost.com/business/finance-ministry-unveils-2030-vision-toolkit

Gov’t to exempt patent tax for online press

The Royal Government of Cambodia (RGC) has agreed to exempt patent tax for small online press institutions as well as reduce 50 percent of the registration fee to the new press united in the Ministry of Information (MoI) for the next five years, said a ...

Nhean Chamrong
https://www.khmertimeskh.com/501398047/govt-to-exempt-patent-tax-for-online-press/

Cambodian government establish the City of Run Ta Ek Techo Sen in Siem Reap province

The Royal Government of Cambodia has issued a sub-decree to establish the city of Run Ta Ek Techo Sen in Siem Reap province by removing Run Ta Ek commune from Banteay Srei district and Balang commune from PrasatBakong district. ...

Khmer Times Staff
https://www.khmertimeskh.com/501424483/cambodian-government-establish-the-city-of-run-ta-ek-techo-sen-in-siem-reap-province/

Govt invested $4B for northeast economic pole

The Royal Government of Cambodia (RGC) spent about $3.85 billion by the end of last year to boost the development of northeast part of the country aimed at connecting economic flow with the triangle development area between the three neighbouring countries – Cambodia-Laos-Vietnam – through ...

Nhean Chamrong
https://www.khmertimeskh.com/501451064/govt-invested-4b-for-northeast-economic-pole/

Gov’t to pump in $450M to upgrade public services

The Royal Government of Cambodia (RGC) is preparing to inject a budget of nearly $450 million to improve healthcare services, covering up to 9 million people across the country as well as other public services, especially the poor and vulnerable families which are in line ...

Nhean Chamrong
https://www.khmertimeskh.com/501435682/govt-to-pump-in-450m-to-upgrade-public-services/

Govt calls for investment in electric vehicles industry

Amid the rising trend of renewable energy demand and the use of electric vehicles (EVs) in the Kingdom, the Royal Government of Cambodia (RGC) asked businessmen to seize the opportunity by investing in the EV-related industry that comes with a range of benefits for both ...

Nhean Chamrong
https://www.khmertimeskh.com/501470294/govt-calls-for-investment-in-electric-vehicles-industry/

Increase flights to China, India, MoT tells Cambodia Airways

The Ministry of Tourism (MoT) asked Cambodia Airways Co Ltd to examine the possibility of expanding direct flights to China and India as well as other major tourism markets in the world which can contribute to the success of the several major campaigns set out ...

Nheng Chamrong
https://www.khmertimeskh.com/501426599/increase-flights-to-china-india-mot-tells-cambodia-airways/

‘Govt wants Sihanoukville to be next Shenzhen’

The Royal Government of Cambodia (RGC) wants to transform Preah Sihanouk province into the next Shenzhen by reducing logistics costs, providing an investment incentive package and enhancing the development of human resources to attract investors, said Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of ...

Nhean Chamrong
https://www.khmertimeskh.com/501469715/govt-wants-sihanoukville-to-be-next-shenzhen/

PM says no tax for biz with annual income below KHR 250M

Micro enterprises with an annual turnover of less than 250 million riels will not be taxed, Prime Minister Hun Manet assured on Thursday evening during his special statement on the ‘One-Year Achievements of the Royal Government of the 7th Legislature of the National Assembly’ that ...

Manoj Mathew
https://www.khmertimeskh.com/501547280/pm-says-no-tax-for-biz-with-annual-income-below-khr-250m/

Fund raising: Kingdom may borrow more in 2012

Cambodia could borrow US$1.1 billion from other countries in 2012, 75 per cent more than this year, to help repair infrastructure damaged in flooding and support efforts to increase rice exports to one million tonnes by 2015, a senior official said yesterday. Cheam Yeap, chairman of ...

http://www.phnompenhpost.com/index.php/2011110152450/Business/fund-raising-kingdom-may-borrow-more-in-2012.html

Prasac seeks commercial bank status

PRASAC, Cambodia’s largest microfinance institution by outstanding loans, planned to become a licensed commercial bank in the Kingdom, company officials said yesterday. The news comes despite calls from insiders and experts – most recently the International Monetary Fund and World Bank – for the National ...

http://www.phnompenhpost.com/index.php/2012030254816/Business/prasac-seeks-commercial-bank-status.html

Investment needed to reach rice goal: experts

More investment is needed as well as additional assistance for farmers if the government wants to meet its export goal of 1 million tons of rice a year by 2015, according to experts at a recent rice sector meeting in Phnom Penh. Participants said rice millers would need substantial access ...

http://etmcambodia.com

Buying property by installment on the increase

The market for Khmer home-buyers purchasing property by installments is booming, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said the concept of buying homes by installments in Cambodia is very attractive to those whom want to buy a house. Almost all housing projects that offer installment purchases see good business, ...

http://www.phnompenhpost.com/index.php/Real-Estate/buying-property-by-instalment-on-the-increase.html

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