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Nation nears tax collection target amid challenges

The government has amassed over $3 billion in taxes during the first ten months of 2023, reaching 85.87% of the target set by the 2023 Law on Financial Management. ...

Samban Chandara
https://www.phnompenhpost.com/national/nation-nears-tax-collection-target-amid-challenges

GDT collects $63 million VAT on e-commerce

The General Department of Taxation (GDT) earned value-added tax (VAT) of $62.8 million on e-commerce in the first ten months of the year, a report showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501394733/gdt-collects-63-million-vat-on-e-commerce/

Sarus crane population up? Survey underway

Wildlife organisation officials have drawn attention to the presence of sarus cranes in six provinces of Cambodia. The population remains larger than that of Laos or Vietnam. ...

Chea Sokny
https://www.phnompenhpost.com/national/sarus-crane-population-up-survey-underway

Cambodia and Singapore align tax agreement with international guidelines

Cambodia and Singapore have recently signed the Second Protocol Amending the Bilateral Double Taxation Agreement (DTA), to bring the agreement in line with the latest international standards. ...

Khmer Times Staff
https://www.khmertimeskh.com/501386772/cambodia-and-singapore-align-tax-agreement-with-international-guidelines/

MFIs to restructure tourism, real estate loans

Microfinance institutions have been asked to conduct loan restructuring on a case-by-case basis for clients who face difficulties in the Siem Reap tourism sector, real estate and other industries. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/mfis-to-restructure-tourism-real-estate-loans

Ministry offers free vocational training for 67,000 nationwide

The Ministry of Labour and Vocational Training announced free vocational training for 67,000 people from across the country in keeping with the demands of the labour market. ...

Torn Vibol
https://www.khmertimeskh.com/501403686/ministry-offers-free-vocational-training-for-67000-nationwide/

Vietnam, Cambodia promote trade, investment activities

The Investment and Trade Promotion Center of Ho Chi Minh City hosted a seminar on investment promotion between Vietnam and Cambodia in 2024 on June 7. ...

Saigon News
https://www.khmertimeskh.com/501502736/vietnam-cambodia-promote-trade-investment-activities/

CDC, CCC review 19th G-PSF progress

The Council for the Development of Cambodia (CDC) in collaboration with the Cambodia Chamber of Commerce (CCC) organised a meeting to review the progress of the 19th Government-Private Sector Forum (19th G-PSF). ...

Nhean Chamrong
https://www.khmertimeskh.com/501492411/cdc-ccc-review-19th-g-psf-progress/

ADB commits $1.26 bln to support Cambodia’s development for 5 years

The Asian Development Bank (ADB) announced in a news release on Wednesday that it has committed approximately $1.26 billion to support the Cambodian government from 2024 to 2028. ...

Khmer Times Staff
https://www.khmertimeskh.com/501505346/adb-commits-1-26-bln-to-support-cambodias-development-for-5-years/

Red corn production soars to 1.7M tonnes, MAFF says

The red corn production in 2024 increased to nearly 1.7 million tonnes compared to 1.5 million tonnes last year, reported the Ministry of Agriculture, Forestry and Fisheries (MAFF) yesterday. ...

Mom Kunthear
https://www.khmertimeskh.com/501505078/red-corn-production-soars-to-1-7m-tonnes-maff-says/

Increased iron, steel imports hint at construction sector revival

Cambodia imported iron and steel worth close to $168 million in the first four months of 2024, the General Department of Customs and Excise (GDCE) reported recently. ...

James Whitehead
https://www.khmertimeskh.com/501504480/increased-iron-steel-imports-hint-at-construction-sector-revival/

Japan to provide $50M for Phnom Penh power project

The Japanese government has agreed to provide eight billion yen (about $50 million) in financing the Phnom Penh City Electricity Transmission and Distribution System Expansion Project. ...

Man​oj ​Mat​hew​
https://www.khmertimeskh.com/501520191/japan-to-provide-50m-for-phnom-penh-power-project/

Singapore Airlines to increase flights to Siem Reap

Singapore Airlines (SIA) announced plans to significantly increase the number of flights to several key destinations, including Siem Reap province, in response to rising demand for air travel. ...

Hong Raksmey
https://www.phnompenhpost.com/business/singapore-airlines-to-increase-flights-to-siem-reap-

Minister Highlights Successes of CLV-DTA

Commerce Minister, Cham Nimol, has highlighted the benefits of the Cambodia-Laos-Vietnam Development Triangle Area, refuting claims that the Kingdom may lose land while noting the economic benefits the deal has brought in the last 25 years. ...

Yatt Malai
https://kiripost.com/stories/minister-highlights-successes-of-clv-dta

MEF issues guidelines for sub-decree on informal sector taxation

The Ministry of Economy and Finance (MEF) has issued guidelines and procedures for implementing the sub-decree aimed at encouraging individuals and businesses operating in the informal economy to comply with tax obligations. ...

Mom Kunthea
https://www.khmertimeskh.com/501544865/mef-issues-guidelines-for-sub-decree-on-informal-sector-taxation/

Concerns raised over relocation of “aggressive” Angkor Wat monkeys

An animal protection group has raised concerns that monkeys from Angkor Wat temple could end up in breeding farms exporting primates to laboratories. ...

Phak Seangly
https://www.phnompenhpost.com/national/concerns-raised-over-relocation-of-aggressive-angkor-wat-monkeys

More rice trade deals underway to expand markets

Cambodia is negotiating with some countries in the region on rice trade deals to expand the Cambodian rice market, said Cham Nimul, Minister of Commerce on Tuesday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501557391/more-rice-trade-deals-underway-to-expand-markets/

Low revenue forces Cambodia’s oldest newspaper ‘Phnom Penh Post’ to end print publication by March 29

The Phnom Penh Post will cease publication by March 29 following a significant fall in advertising revenues since the Covid-19 pandemic and the subsequent economic downturn, although the paper will continue operating online. ...

Khuon Narim and Sovann Sreypich
https://cambojanews.com/low-revenue-forces-cambodias-oldest-newspaper-phnom-penh-post-to-close-march-29-final-print/

PM allocates $450M to social protection system

Prime Minister Hun Manet has pledged almost $450 million to strengthen the country’s social protection system, with experts advising that transparency is essential in its delivery. ...

Chhorn Raksmey
https://kiripost.com/stories/pm-allocates-450m-to-social-protection-system

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