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Non-SEZ projects slide by nearly 30%

Seventy-five private investment projects outside of special economic zones (SEZ) were approved by the Council for the Development of Cambodia (CDC) in the first eight months of 2021, down by nearly 30 per cent year-on-year, the Ministry of Economy and Finance reported. ...

Hin Pisei
https://www.phnompenhpost.com/business/non-sez-projects-slide-nearly-30

Finnish fund invests $10M into Sathapana

The local Sathapana Bank Plc has received $10 million from OP Finnfund Global Impact Fund I, the first global emerging markets impact fund in Finland, allowing the bank to expand its loan portfolio to small- and medium-sized enterprises (SME), and especially female entrepreneurs. ...

May Kunmakara
https://www.phnompenhpost.com/business/finnish-fund-invests-10m-sathapana

World Bank funds $63 million for solid waste and plastics management

Talks are underway between the Environment Ministry and the World Bank on a six-year project to improve the management of solid waste and plastics in the Kingdom. ...

Son Minea
https://www.khmertimeskh.com/928472/world-bank-funds-63-million-for-solid-waste-and-plastics-management/

Australia adds $8.7 mil bite to HIV fight

Australia is investing $8.7 million to increase the availability and uptake of HIV testing and prevention services amongst key populations in the indo-Pacific. ...

Khmer Times Staff
https://www.khmertimeskh.com/50894822/australia-adds-8-7-mil-bite-to-hiv-fight/

Tax changes are part of efforts to maintain govt revenue, experts say

The government is putting more pressure on Cambodia’s small and medium-sized enterprises (SMEs) to register with the Commerce Ministry and the Tax Department. It wants them to go legitimate in order to protect consumers and make sure it doesn’t miss out on revenue. ...

Michael Firn
https://www.khmertimeskh.com/50936037/tax-changes-are-part-of-efforts-to-maintain-govt-revenue-experts-say/

South Korea to give $3M for Mondulkiri crop project

The South Korean government has vowed to provide a $3.3 million grant to the Ministry of Agriculture, Forestry and Fisheries to implement a project to boost production of high-value vegetable crops and improve farmers’ livelihoods in the northeastern province of Mondulkiri, according to a senior ...

Thou Vireak
https://www.phnompenhpost.com/business/south-korea-give-3m-mondulkiri-crop-project

National Assembly endorses Draft Competition Law

The National Assembly (NA) in its 6th session of the sixth legislature held  under the chairmanship of its President Heng Samrin approved the draft competition law. ...

Khmer Times Staff
https://www.khmertimeskh.com/50933284/national-assembly-endorses-draft-competition-law/

Cambodia Co-chairs 19th ASEAN-Japan STOM Leaders conference

Senior Transport Officials Meeting (STOM) Leaders of ASEAN and Japan gathered in their 19th Conference held on July 13 via Videoconference. ...

Khmer Times Staff
https://www.khmertimeskh.com/50893994/cambodia-co-chairs-19th-asean-japan-stom-leaders-conference/

Investment fabric ‘vital to LDC recoveries’

Facilitating investment flows to least developed and developing countries and creating favourable investment environments is necessary to support and accelerate economic recovery in the post-Covid-19 era, according to Council for the Development of Cambodia (CDC) secretary-general Sok Chenda Sophea on October 22. ...

May Kunmakara
https://www.phnompenhpost.com/business/investment-fabric-vital-ldc-recoveries

Cambodia-Japan trade tops $1.5B

Trade between Cambodia and Japan reached $1.5094 billion in the first eight months of 2021, up 11.8 per cent year-on-year from $1.350 billion, according to data from the Japan External Trade Organisation (Jetro). ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-japan-trade-tops-15b

Commerce Minister signs free trade deal with S. Korea

Cambodia and South Korea have signed a free trade agreement (FTA), cutting import tariffs by more than 90 percent. Commerce Minister Pan Sorasak inked the deal with South Korean Trade Minister Yeo Han-koo in a virtual ceremony yesterday. ...

Michael Firn
https://www.khmertimeskh.com/50959499/commerce-minister-signs-free-trade-deal-with-s-korea/

Hun Sen: Cambodia officially reopens Nov 1 onwards

Prime Minister Hun Sen has announced the reopening of the country in all sectors starting November 1. ...

Mom Kunthear
https://www.phnompenhpost.com/national/hun-sen-cambodia-officially-reopens-nov-1-onwards

China: Sino-Cambodian friendship stronger than steel

Cambodia, with the help of China, has made great achievements in preventing the spread of COVID-19, bringing it under control while the rate of vaccination against the deadly virus has risen dramatically, according to a press release issued by the Chinese Ministry of Foreign Affairs. ...

Khmer Times Staff
https://www.khmertimeskh.com/50966141/china-sino-cambodian-friendship-stronger-than-steel/

Sokhonn plans China trip

Minister of Foreign Affairs and international Cooperation Prak Sokhonn will lead a delegation on an official visit to Hangzhou City in China’s Zhejiang province from December 3-5. ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/sokhonn-plans-china-trip

Thai diplomat’s visit focused on economy plans

Cambodia and Thailand have pledged to deepen bilateral relation across all sectors with a special focus on reviving the two economies in the wake of pandemic-induced fiscal challenges.   ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/thai-diplomats-visit-focused-economy-plans

Preah Sihanouk sees more Chinese investors, but arrivals ‘still low’

Tourists and Chinese investors are gradually making their way back to Preah Sihanouk province, as the Covid-19 situation in the Kingdom eases and socio-economic activities pick up pace following early November’s full reopening announcement, according to a spokesman for the coastal province. ...

Hom Phanet
https://www.phnompenhpost.com/business/preah-sihanouk-sees-more-chinese-investors-arrivals-still-low

Vietnam, Cambodia solidify defence cooperation

Vietnamese Minister of National Defence Phan Van Giang and his Cambodian counterpart Tea Banh have agreed to enhance bilateral defence-security ties in the principle of not allowing any hostile force to use one’s territory to sabotage security of the other. ...

Khmer Times Staff
https://www.khmertimeskh.com/50993641/vietnam-cambodia-solidify-defence-cooperation/

Vietnam-Cambodia Friendship: Treasured joint asset of two peoples

The Vietnam – Cambodia Friendship Association of former volunteer soldiers of Army Corps 2 held a meeting in Hanoi on Jan. 8 to review the shared history between the two countries, the support of the Vietnamese military to Cambodia, and proposed new directions for the ...

Khmer Times Staff
https://www.khmertimeskh.com/501004544/vietnam-cambodia-friendship-treasured-joint-asset-of-two-peoples/

Senator calls for women’s empowerment and gender equality

As Cambodia continues to work towards gender equality and empowerment of women in the country, politicians are calling for continued efforts towards the movement. ...

Khmer Times Staff
https://www.khmertimeskh.com/501008379/senator-calls-for-womens-empowerment-and-gender-equality/

CDC approves $300 million worth of investment projects

Council for the Development of Cambodia (CDC) this week approved two new investment projects with a total capital of $303 million in Rattanakiri and Preah Sihanouk provinces. ...

Khmer Times Staff
https://www.khmertimeskh.com/501013321/cdc-approves-300-million-worth-of-investment-projects/

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