Tax incentives offered for expansion of Qualified Investment Projects
In accordance with a recently released legal update from the Ministry of Economy and Finance (MEF), new procedures have been defined to provide income tax incentives to companies involved in expanding their Qualified Investment Projects (QIPs) in the Kingdom.
James Whitehead
https://www.khmertimeskh.com/501501730/tax-incentives-offered-for-expansion-of-qualified-investment-projects/
PM calls for promotion of aquaculture
Prime Minister Hun Manet Monday called for processing aquaculture to ensure the needs of the people and exporting, while Cambodia achieved a total of 314,000 tonnes of freshwater and marine aquaculture in 2023.
Mom Kunthear
https://www.khmertimeskh.com/501515568/pm-calls-for-promotion-of-aquaculture/
Pursat prepares relocation area for residents of Phnom 1500 eco-tourism site
Pursat provincial authorities are preparing a new location of over 150 hectares for people who volunteer to relocate from the Phnom 1500 eco-tourism site and have given 30 days to those who have not yet agreed to abide by the government’s land policy and move.
Phak Seangly
https://www.phnompenhpost.com/national/pursat-prepares-relocation-area-for-residents-of-phnom-1500-eco-tourism-site
Research reveals Ratanakiri leads in child marriages
A study has revealed that Ratanakiri province ranks first for girls being married before the age of 18, while Takeo province ranked last out of nine target provinces, with authorities pledging to eliminate child, early and forced marriages.
Chhorn Raksmey
https://kiripost.com/stories/research-reveals-ratanakiri-leads-in-child-marriages
Cambodia plans for transition out of LDC status
Cambodia highlighted its Development Cooperation and Partnership Strategy (DCPS 2024-2028) during a 2024 high level political forum on sustainable development under the theme “reinforcing the 2030 agenda and eradicating poverty in times of multiple crisis”.
Soth Koemsoeun
https://www.khmertimeskh.com/501526910/cambodia-plans-for-transition-out-of-ldc-status/
Trade mark filings reach 135,000 in three decades
A new report exploring data from the Cambodia Trademark Database has confirmed that 135,000 applications for trade mark protections were filed over the previous three decades, from January 1991 to July 2024.
James Whitehead
https://www.khmertimeskh.com/501532233/trade-mark-filings-reach-135000-in-three-decades/
Cambodia mobilizes $62M through govt bonds
The Cambodian government has mobilized about $62 million from local investors through the issuance of government bonds in the first semester of this year to support public investment projects, according to a report by the National Bank of Cambodia.
Chea Vanyuth
https://www.khmertimeskh.com/501533941/cambodia-mobilizes-62m-through-govt-bonds/
Cambodia collects $3B in tax revenue in H1
The government generated $2,909 million in revenue from tax and customs in the first half of 2024, representing 46 percent of the target set for 2024, a report from the Ministry of Economy and Finance showed on Monday.
Chea Vanyuth
https://www.khmertimeskh.com/501540290/cambodia-collects-3b-in-tax-revenue-in-h1/
Top diplomat to take part in MLC Foreign Ministers’ Meeting
Minister of Foreign Affairs and International Cooperation Sok Chenda Sophea will lead a delegation to the 9th Mekong-Lancang Cooperation (MLC) Foreign Ministers’ Meeting in Chiang Mai, Thailand on August 16 at the invitation of his Thai counterpart Maris Sangiampongsa.
Ry Sochan
https://www.phnompenhpost.com/national/top-diplomat-to-take-part-in-mlc-foreign-ministers-meeting
PM expects new dams to irrigate over 120,000 hectares in K Thom
Prime Minister Hun Manet has expressed optimism that the ongoing construction of the Kampong Kor Dam and water diversion Stung Slap Dam will give a major boost to agricultural productivity in Kampong Thom province.
Hang Punreay
https://www.khmertimeskh.com/501539807/pm-expects-new-dams-to-irrigate-over-120000-hectares-in-k-thom/
FAO, Cambodia sign $19.5M grant for pandemic preparedness
The Food and Agriculture Organization (FAO) of the UN and the Ministry of Agriculture, Forestry and Fisheries signed the “Cambodia Pandemic Prevention, Preparedness and Response Project”, supported by the Pandemic Fund with a $19.5 million grant.
Ry Sochan
https://www.phnompenhpost.com/national/fao-cambodia-sign-19-5m-grant-for-pandemic-preparedness
New release on blocking access to websites and IP addresses associated with the aforementioned illegal massages and contents
On 09 August 2024, Telecommunication Regulator of Cambodia issued a new release on blocking access to websites and IP addresses associated with the aforementioned illegal massages and contents.With close cooperation from relevant ministries, authorities, and the public, the Telecommunication Regulator of Cambodia (TRC) has collaborated
Telecommunication Regulator of Cambodia
Water shortages, floods impact rice crops in Kampong Cham, Kampong Thom
More than 300 hectares of dry season rice in Kampong Cham’s Cheung Prey and Batheay districts have been affected by a lack of water, while the flash floods in Kampong Thom province have begun to recede, reducing some of the damage to affected crops.
Phak Seangly
https://www.phnompenhpost.com/national/water-shortages-floods-impact-rice-crops-in-kampong-cham-kampong-thom
Official urges women’s economic empowerment to combat human trafficking
A senior official at the Ministry of Women’s Affairs has urged for human trafficking prevention by promoting women’s economic empowerment and identifying the needs and opportunities for women working in the informal economy.
Ministry breaks ground on first of five regional tree nurseries
The Ministry of Environment is conducting a study on Cambodia’s current forest canopy to facilitate successful tree planting and expansion, aiming to increase the country’s green cover to 60 per cent over the next 25 years.
Phak Seangly
https://www.phnompenhpost.com/national/ministry-breaks-ground-on-first-of-five-regional-tree-nurseries
Cambodia, China sharpen efforts to suppress transnational crime
Cambodia and China have agreed to enhance their current and future cooperation on security issues, with a focus on tracking down and repatriating those guilty of committing transnational crimes, while also strengthening the capacity of law enforcement officials in Cambodia.
Niem Chheng
https://www.phnompenhpost.com/national/cambodia-china-sharpen-efforts-to-suppress-transnational-crime
Health Ministry reports dengue control success
The Ministry of Health reported a successful mission on the control of dengue fever nationwide, highlighting the remarkable decrease in infection rates for the first nine months of 2024 compared to the same period last year.
Nop Sreymao
https://www.khmertimeskh.com/501556744/health-ministry-reports-dengue-control-success/
GMS countries endorse $1B plan for climate resilience and sustainability
Environment ministers and deputy ministers from the six countries of the Greater Mekong Subregion (GMS) have endorsed a new five-year environmental strategy.
Phak Seangly
https://www.phnompenhpost.com/national/gms-countries-endorse-1b-plan-for-climate-resilience-and-sustainability
China's Zhengzhou looks to invest in Cambodian rice for export
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- Exports / Investment / Trade
The Ministry of Agriculture, Forestry and Fisheries has announced that a delegation from Zhengzhou, the capital of China’s Henan province, has expressed interest in Cambodian products, including “high-quality and delicious rice”, and intend to process them for export to Chinese and international markets.
Cambodia’s public debt stands at $11.27 billion
Cambodia’s public debt stood at $11.27 billion by the end of the second quarter of this year, according to a report of the Cambodia Public Debt Statistical Bulletin released by the Ministry of Economy and Finance on Monday.
Chea Vanyuth
https://www.khmertimeskh.com/501560381/cambodias-public-debt-stands-at-11-27-billion/
