What does the future hold?
Officials, business prOfessionals and political analysts have mixed opinions on the leadership Of the single-party Cambodian government and what the future hold for the next five years. Sok Touch, a prOfessor Of political science at Khemarak University, said the political deadlock won’t help the nation become ...
Kay Kimsong
http://www.phnompenhpost.com/analysis-and-op-ed/what-does-future-hold
Cambodia’s rubber exports earn more than $200 million, up nearly 40%
Cambodia earned more than $200 million from the export of rubber and rubber products, an increase of more than 38 percent compared to the same period in 2022, reaching just over $149 million. This is according to the four-months report of 2023 of the General ...
Khmer Times Staff
https://www.khmertimeskh.com/501293951/cambodias-rubber-exports-earn-more-than-200-million-up-nearly-40/
Follow NBC official exchange rate, taxpayers told
The General Department of Tax (GDT) of The Ministry of Economy and Finance has asked tax payers to follow The official exchange rate issued by National Bank of Cambodia (NBC), in a move to strengThen tax collection efficiency. ...
Khmer Times Staff
https://www.khmertimeskh.com/501177006/follow-nbc-official-exchange-rate-taxpayers-told/
Rosewood export permits were faked, government says
The government claims not to have issued a single permit to export Siamese rosewood since it agreed to strict new trade rules for The exceedingly rare trees, and says it will look into a U.N.-managed database that states oTherwise. ...
Zsombor Peter
https://www.cambodiadaily.com/news/rosewood-export-permits-were-faked-govt-says-114772/
More than 500 apply for June poll
The National Election Committee (NEC) has received more than 500 applications in The first month of registration for commune election observers, according to a statement released on Wednesday. ...
Lay Samean
http://www.phnompenhpost.com/national/more-500-apply-june-poll
Cambodia is ‘handicapped’ by dollarization
Cambodia is handicapped by the dollarization of its economy in three ways, according to Kith Sovannarith, Deputy Director General of Banking Supervision at the National Bank of Cambodia. ...
Riel Gains
http://www.khmertimeskh.com/news/36365/cambodia-is----handicapped----by-dollarization/
Thai university to set up tourism school
Thailand’s Rajamangala University of Technology plans to set up a tourism and hospitality institute in Siem Reap province to build the capacity of Cambodians working in the tourism sector. ...
Chea Vannak
http://www.khmertimeskh.com/news/36200/thai-university-to-set-up-tourism-school/
TRC gives up revenue collection to ministry
The Kingdom’s telecom regulator announced this week that it would transfer telco operator revenues it traditionally receives to The Ministry of Posts and Telecommunications as part of government reforms on revenue collection. ...
Hor Kimsay
http://www.phnompenhpost.com/trc-gives-revenue-collection-ministry
Workers told to complain if indemnity is not paid
Ministry of Labour and Vocational Training officials have appealed to workers in the textile sector to file complaints to the ministry immediately, if factory owners failed to make last year’s seniority indemnity payments. Meanwhile, some unions claimed that factories had failed to pay the second ...
Khorn Savi
https://www.phnompenhpost.com/national/workers-told-complain-if-indemnity-not-paid
Cambodia, Thailand to reduce border violence
As Cambodian and Thai authorities agreed to ease up on the use of violence against illegal border crossers into both countries, Thailand stopped short of pledging to refrain from shooting trespassers into the neighbouring kingdom. ...
Vong Sokheng
http://www.phnompenhpost.com/national/cambodia-thailand-reduce-border-violence
Cambodia revokes land licenses from 8 companies
Cambodian Environment Minister Say Samal said Monday that the government has canceled licenses of economic land concessions (ELCs) for eight companies after they have not undertaken development on the lands for years. ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140929/cambodia-revokes-land-licenses-8-companies
State Bank of Vietnam strengthens relations with Cambodian partner
The State Bank of Vietnam (SBV) and The National Bank of Cambodia (NBC) held a bilateral meeting in Phnom Penh, Cambodia on September 16 to exchange and share experiences on macroeconomic management, especially in finance and banking. ...
Nhan Dan Newspaper
https://en.nhandan.org.vn/business/item/7922402-state-bank-of-vietnam-strengthens-relations-with-cambodian-partner.html
Vietnam exports fall as Thai trust rises
Bilateral trade between Cambodia and Vietnam fell marginally by 6 per cent in the first half of this year largely due to a slump in Vietnamese exports, according to data from the Vietnamese Embassy in Cambodia. ...
Hor Kimsay
http://www.phnompenhpost.com/business/vietnam-exports-fall-thai-trust-rises
Gov’t says female officers wanted at protests
Council of Ministers secretary of state Keo Remy wants to see female police officers controlling female protesters at future demonstrations, he said at a press conference on Friday. Mr. Remy said female protesters have adopted a new “style” of demonstration under the direction of NGOs who ...
Mech Dara
http://www.cambodiadaily.com/news/govt-says-female-officers-wanted-at-protests-60713/
Tax revenue of $2.3b meets nearly 65% of GDT target
The continuous reform of tax procedures and understanding taxpayers have helped The tax revenue increase steadily, industry observers say. ...
Hin Pisei
https://www.phnompenhpost.com/business/tax-revenue-23b-meets-nearly-65-gdt-target
Cambodia, Vietnam strengthen banking cooperation
The National Bank of Cambodia (NBC) and The State Bank of Vietnam (SBV) have agreed to strengThen bilateral cooperation through exchange of experience on economy and banking system. ...
Khmer Times Staff
https://www.khmertimeskh.com/501207675/cambodia-vietnam-strengthen-banking-cooperation/
BFIs code of conduct fully implemented
After its rollout about a year ago, Cambodian banks and financial institutionals (BFIs) and members of the Cambodian Association of Finance and Technology (CAFT) have finally fully implemented the code of conduct and lending guidelines. ...
Kiripost staff writers
https://kiripost.com/stories/cambodia-bfis-code-of-conduct-fully-implemented
Unions say gov’t blocking branch registrations
In March, the Ministry of Labor for the first time began requiring union leaders to submit proof they had no previous criminal convictions before they would be allowed to register a new union or local branch. Now, the country’s leading unions say worker representatives are struggling ...
Mech Dara
http://www.cambodiadaily.com/news/unions-say-govt-blocking-branch-registrations-66958/
Projects to improve sub-national mediation, judicial services
The Ministry of Justice is set to sign memorandums of understanding (MoU) with Oxfam Cambodia and The Women Peace Makers on projects that would strengThen its mechanisms and implement sub-national mediation to reduce a backlog of court cases and improve access to judicial services. ...
Ry Sochan
https://www.phnompenhpost.com/national/projects-improve-sub-national-mediation-judicial-services
Tax policy touch-ups for projects of financing deals
The General Department of Taxation (GDT) on January 31 instructed relevant ministries, institutions and taxpayers to sort out tax obligations concerning projects under memorandums of understanding (MoU) as well as grant and loan agreements, as per applicable laws, and submit records of potential tax implications ...
Nov Sivutha
https://www.phnompenhpost.com/business/tax-policy-touch-ups-projects-financing-deals