NEC voted member of international electoral knowledge organisation
The French Speaking Electoral Knowledge Network (RECEF) has voted unanimously to support the National Election Committee (NEC) of Cambodia as a full member. The RECEF is gearing up to observe the upcoming Cambodian parliamentary elections, which are slated for July 23.
Kim Yutharo
https://www.phnompenhpost.com/national/nec-voted-member-international-electoral-knowledge-organisation
NA approves ASEAN service trade agreement draft law
The National Assembly (NA) on Tuesday approved the law on the approval of the Association of Southeast Asian Nations Service Trade (ASEAN Service Trade) Agreement in the ninth session of its sixth legislature to strengthen Cambodia’s economic connectivity in the region, said a release by
Kang Sothear
https://www.khmertimeskh.com/501299920/na-approves-asean-service-trade-agreement-draft-law/
Rare wildlife species released at Angkor park attract tourists
The Apsara National Authority (ANA) has collaborated with the Forestry Administration and the Wildlife Alliance on a project aimed at reintroducing wildlife to the Angkor Archaeological Park. Since its inception in 2013, the project has successfully released over 40 animals, representing more than 10 rare
Orm Bunthoeurn
https://www.phnompenhpost.com/national/rare-wildlife-species-released-angkor-park-attract-tourists
MEF will soon gather taxable real estate data
The Ministry of Economy and Finance (MEF) on Monday released a proclamation to collect and compile real estate data in four new towns of three different provinces in Cambodia by providing tax exemption to owners who have immovable properties registered with the General Department of
Kang Sothear
https://www.khmertimeskh.com/501303667/mef-will-soon-gather-taxable-real-estate-data/
PM: Future candidates must vote
Prime Minister Hun Sen on June 13 declared that some of the Constitution’s election-related clauses would be amended in response to an overseas opposition group launching a social media campaign urging eligible voters to abstain from the July 23 general election.
Kim Yutharo
https://www.phnompenhpost.com/national-politics/pm-future-candidates-must-vote
Capital’s river port operator logs 24% decline in revenue
Local public-listed river-port operator Phnom Penh Autonomous Port (PPAP) reported a sharp decline in business performance in the first five months of the year due to regional and global economic uncertainty brought on by the protracted Ukraine conflict and its effects on demand and inflation.
May Kunmakara
https://www.phnompenhpost.com/business/capitals-river-port-operator-logs-24-decline-revenue
Press release on the decision to expel the Facebook representative from Cambodia and stop all activities
On 30 June 2023, the Ministry of Posts and Telecommunications issued a press release deciding to expel the Facebook representative from Cambodia and stop all activities such as company representation, communication with the Royal Government, and cooperation in the private sector in the Kingdom of
Ministry of Posts and Telecommunications
Japanese hi-tech firms to help develop agriculture in Cambodia
The Japan External Trade Organization (JETRO) and Japan Aerospace Exploration Agency (JAXA) will jointly host a symposium in Cambodia to introduce eight Japanese companies with cutting-edge technologies to local private sector firms and other institutions that work in the development of the country’s agriculture, according
Kang Sothear
https://www.khmertimeskh.com/501329612/japanese-hi-tech-firms-to-help-develop-agriculture-in-cambodia/
Japan to offer grant aid in support of cadastral surveying and land registration in Cambodia
Japan will provide Cambodia for JPY 1,338 million ($9.7 million) for the implementation of the project for the Establishment of a Nationwide Continuously Operating Reference Station Network, according to Cambodia’s Ministry of Foreign Affairs and International Cooperation’s press release and obtained by AKP today.
Khmer Times Staff
https://www.khmertimeskh.com/501381543/japan-to-offer-grant-aid-in-support-of-cadastral-surveying-and-land-registration-in-cambodia/
Event boosts awareness of plight of Irrawaddy dolphin
As Freshwater Dolphin Day was observed on October 23 in Colombia, Cambodian officials and wildlife conservationists expressed their strong commitment to protecting the Mekong Irrawaddy dolphin through both art and a scientific approach.
Post Staff
https://www.phnompenhpost.com/national/event-boosts-awareness-plight-irrawaddy-dolphin
Economic and trade ties with Hungary enhanced
Cambodia and Hungary are moving swiftly to finalise the content of the draft for the Cambodian-Hungarian Joint Committee on Economic Cooperation (JCEC), a significant step towards boosting bilateral trade and investment between the two countries.
Hin Pisei
https://www.phnompenhpost.com/business/economic-and-trade-ties-with-hungary-enhanced
Cambodia set to continue export duty incentives in rubber sector
Cambodia is set to offer tax incentives for another two years on rubber exports, starting from January 1, 2024, aiming to encourage cultivation and support growers and exporters in the face of declining prices due to a drop in international demand.
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-set-to-continue-export-duty-incentives-in-rubber-sector
Tycoon Hy Kimhong released on bail as thousands of families continue to face serious debt problems
The court has decided to release Piphup Deimeas Company owner Hy Kimhong on bail although the case has yet to be resolved. Amid this, thousands of families who invested in his business are facing serious debt issues and seek a resolution.
Sovann Sreypich and Runn Sreypich
https://cambojanews.com/tycoon-hy-kimhong-released-on-bail-as-thousands-of-families-continue-to-face-serious-debt-problems/
E-commerce tax revenue surges through October
Cambodia garnered $62.8 million in e-commerce value-added tax (VAT) revenue during the first ten months of 2023, signifying a surge in electronic products and services in recent years. The income was collected from 82 non-resident taxpayer enterprises, supplying digital-related goods from abroad, according to the
May Kunmakara
https://www.phnompenhpost.com/business/e-commerce-tax-revenue-surges-through-oct
ADB, MPWT build $6.28 million landfill project in Battambang
The Asia Development Bank (ADB) in collaboration with the Ministry of Public Works and Transport (MPWT) has successfully built a 20-hectare controlled landfill in Battambang province, aiming to serve 126,000 people in the community with the capacity to remove 100 tonnes of trash daily for
Nheng Chamrong
https://www.khmertimeskh.com/501404698/adb-mpwt-build-6-28-million-landfill-project-in-battambang/
Street vendors continue to struggle to survive
While Cambodia’s economy and borders have now been open for two years following the Covid-19 pandemic, many small businesses continue to face financial hardships amid a global economic slowdown.
Yatt Malai
https://kiripost.com/stories/cambodia-phnom-penh-street-vendors-struggle-to-survive
‘Fintech playing key role in financial inclusion efforts’
The fintech sector is playing a major role in the financial inclusion efforts pioneered by the National Bank of Cambodia (NBC), Governor Dr Chea Serey said while delivering the keynote address at the CamTech Summit 2023 yesterday at the Centre for Banking Studies.
Sreekanth Ravindran
https://www.khmertimeskh.com/501399932/fintech-playing-key-role-in-financial-inclusion-efforts/
BRI projects not to lead Cambodia into debt trap
The Belt and Road Initiative (BRI) pioneered by China will not lead the country into a debt trap, Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, said, dismissing the narrative about the adverse effects the BRI
Sreekanth Ravindran
https://www.khmertimeskh.com/501399348/bri-projects-not-to-lead-cambodia-into-debt-trap/
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/
Rare birds’ nests up at Mondulkiri sanctuary
In a promising sign for conservationists, the Bird Nest Protection Project by the Wildlife Conservation Society (WCS) Cambodia has dramatically boosted the numbers of rare bird nests at Keo Seima Wildlife Sanctuary in Mondulkiri province, hopping from 11 nests in 2018 to an impressive 41
Chea Sokny
https://www.phnompenhpost.com/national/rare-birds-nests-up-at-mondulkiri-sanctuary
