Tax official defogs capital gains
A General Department of Taxation (GDT) official on February 22 listed some of the assets that would be exempt from capital gains tax once it comes into force in January 1, 2022 and shed light on some of the finer subtleties of the tax.
Thou Vireak
https://www.phnompenhpost.com/business/tax-official-defogs-capital-gains
Youth job programme has nearly 400 openings
The Ministry of Labour and Vocational Training has announced cooperation with three companies to provide nearly 400 job opportunities for the country’s youth, organised into a monthly job interview programme set to begin on February 17.
Long Kimmarita
https://www.phnompenhpost.com/national/youth-job-programme-has-nearly-400-openings
MRC raises alarm over declining river water levels
The Mekong River Commission (MRC) on Friday raised the alarm about declining river water levels causing a negative impact on river transport, fish migration, agriculture irrigation and river weed collection.
Rhea Mae Soco
https://www.khmertimeskh.com/50813971/mrc-raises-alarm-over-declining-river-water-levels/
South Korean bank invests in Kingdom
The embassy of Cambodia to the Republic of Korea signed a memorandum of understanding (MoU) with DGB Bank to provide cooperation in promoting investment in Cambodia as well as protection for Cambodians in South Korea.
Sok Chan
https://www.khmertimeskh.com/50818388/south-korean-bank-invests-in-kingdom/
Sub-decree outlines Covid measures
Prime Minister Hun Sen on March 31 issued a sub-decree detailing administrative measures to contain the spread of Covid-19, including potential travel restrictions, public gathering, curfew, and lockdown to certain areas, among others.
Mom Kunthear
https://www.phnompenhpost.com/national/sub-decree-outlines-covid-measures
Banks talk about relief to farmers
The chief executive officer of the Agricultural Rural Development Bank (ARDB) and the president of ACLEDA Bank met to discuss the possibility of a joint-lending programme that would extend support to farmers in the country.
Brian Badzmierowski
https://www.khmertimeskh.com/50835722/banks-talk-about-relief-to-farmers/
Cambodia to reopen its door to vaccinated foreign tourists
Cambodia will allow foreign tourists who have been vaccinated against COVID-19 to visit the country’s most tourism attractive site – Angkor Archeological Park, in a move to revive the hard-hit tourism sector.
Chea Vanyuth
https://www.khmertimeskh.com/50846769/cambodia-to-reopen-its-door-to-vaccinated-foreign-tourists/
Labour ministry and GMAC clarify factory re-openings
Minister of Labour and Vocational Training Ith Sam Heng released a notification pertaining to the payment of wages and reopening requirements for factories located in Yellow Zones in Phnom Penh and Takmao city, Kandal province.
Brian Badzmierowski
https://www.khmertimeskh.com/50854041/labour-ministry-and-gmac-clarify-factory-re-openings/
Curfew again warning: City Hall may re-impose restrictions if measures not followed
Phnom Penh City Hall will re-impose a curfew, if it finds that locals or foreigners do not follow the health precautions or the administration’s measures to curb the spread of Covid-19.
Tith Kongnov
https://www.khmertimeskh.com/50860923/curfew-again-warning-city-hall-may-re-impose-restrictions-if-measures-not-followed/
Kampot pepper exports remain strong amid pandemic
Kampot pepper exports have weathered the economic storm created by COVID-19 and continue to remain a strong export product for the Kingdom, according to President of the Kampot Pepper Promotion Association (KPPA) Nguon Lay.
Brian Badzmierowski
https://www.khmertimeskh.com/50860038/kampot-pepper-exports-remain-strong-amid-pandemic/
Lockdown in Phom Penh and Takhmao to be lifted after May 5
Prime Minister Hun Sen announced last night he will end the lockdown in Phnom Penh and other provinces, but some small areas with a high risk of infections will remain under restrictions.
Khmer Times Staff
https://www.khmertimeskh.com/50849886/lockdown-in-phom-penh-and-takhmao-to-be-lifted-after-may-5/
ADB publications available in CDRI’s online catalogue
The Asian Development Bank (ADB) and Cambodia Development Resource Institute (CDRI) on June 16 launched a pioneering partnership to make ADB digital publications available in CDRI’s online catalogue.
Ry Sochan
https://www.phnompenhpost.com/national/adb-publications-available-cdris-online-catalogue
CSR initiative gives villagers clean water
Over 300 families in four provinces – Siem Reap, Takeo, Kampot and Kep – have received free access to clean water through the Corporate Social Responsibility (CSR) programme of a local conglomerate.
Long Kimmarita
https://www.phnompenhpost.com/national/csr-initiative-gives-villagers-clean-water
Seven more financial institutions join CGCC
Seven financial institutions (FI) on June 29 signed a credit guarantee agreement with government-owned Credit Guarantee Corporation of Cambodia (CGCC) to provide more business loans in an effort to contribute to economic activities amid the ongoing Covid-19 health crisis.
May Kunmakara
https://www.phnompenhpost.com/business/seven-more-financial-institutions-join-cgcc
Secretary of State: Cambodia is at ‘Redline’ for COVID-19 virus transmission and possible lockdown
Dr. Or Vandine, Health Ministry spokeswoman and chairwoman of the Covid-19 Vaccination Committee, has emphasised that Cambodia is at a ‘Redline’ status and, if that line is passed, the country may re-enter lockdown status.
Khmer Times Staff
https://www.khmertimeskh.com/50884494/secretary-of-state-cambodia-is-at-redline-for-covid-19-virus-transmission/
China committed to provide medical aid to end the pandemic
On Sunday, the Chinese Embassy announced that China is committed to be a solid backbone for providing vaccines for the campaign drives in Cambodia and firmly supports the Cambodian government in its fight against Covid-19.
Tin Sokhavuth
https://www.khmertimeskh.com/50907260/china-committed-to-provide-medical-aid-to-end-the-pandemic/
New garment sector investments exceeding $8mn approved by CDC
The Garment Manufacturers Association in Cambodia (GMAC) is welcoming new investments in one of the Kingdom’s pillar industries as new variants and outbreaks lead to a string of downgrades in economic projections.
Husain Haider
https://www.khmertimeskh.com/50908192/new-garment-sector-investments-exceeding-8mn-approved-by-cdc/
Road traffic law amendments await approval
The Ministry of Public Works and Transport’s working group plans to submit a draft law on road traffic after holding 19 debates on the amendment and revising many articles found in the existing law.
Voun Dara
https://www.phnompenhpost.com/national/road-traffic-law-amendments-await-approval
Landfill for K Chhnang town nears completion
The construction of a new landfill on more than 12ha in Kampong Chhnang province will be completed by the end of this year, while the provincial governor expected that the landfill will promote beauty and the environment in the town.
Long Kimmarita
https://www.phnompenhpost.com/national/landfill-k-chhnang-town-nears-completion
Disaster Committee prepared for upcoming flood season
The National Committee for Disaster Management (NCDM) has prepared a disaster relief plan to deal with flash floods which may occur during this year’s rainy season, especially in provinces along the Mekong River and mountainous areas.
Chhun Sun Ly
https://www.khmertimeskh.com/50909694/disaster-committee-prepared-for-upcoming-flood-season/
