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Prolonged VAT exemptions to benefit farmers

As revenues have soared, the General Department of Customs and Excise of Cambodia (GDCE) has opted not to impose new value-added taxes (VAT) on select agricultural equipment in policies set to take effect on January 1, next year. ...

Thou Vireak
https://www.phnompenhpost.com/business/prolonged-vat-exemptions-benefit-farmers

Ministry ‘bullish’ on prospects of recovery

The Kingdom’s real economic growth is expected to recover by 4 percent in 2021 following a contraction of 3.1 percent in 2020, according to a report from the Ministry of Economy and Finance (MEF). ...

Sok Chan
https://www.khmertimeskh.com/50807772/ministry-bullish-on-prospects-of-recovery/

‘Stop COVID’ QR Code takes off

More than 1,900 public and private institutions, restaurants, hotels and factories were registered to implement a QR Code “Stop COVID” to increase the efficiency and speed of prevention and control of the spread of the COVID-19 virus. ​ ...

Tith Kongnov
https://www.khmertimeskh.com/50816331/stop-covid-qr-code-takes-off/

Sinovac vaccine rollout begins today to jab 745,000 people

The Ministry of Health yesterday announced that it will start vaccinating people in Cambodia with the Sinovac vaccine from today after 1.5 million doses  purchased by the government arrived in Cambodia from China on Friday. ...

Tith Kongnov
https://www.khmertimeskh.com/50832702/sinovac-vaccine-rollout-begins-today-to-jab-745000-people/

Floating home owners seek assistance

Over 1,500 floating houses and fish farming cages have been dismantled and evacuated from the rivers in Phnom Penh, according to Phnom Penh municipal police spokesman San Sok Seyha. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/floating-home-owners-seek-assistance

EU $2billion pledge benefits Cambodia’s education system

The European Union (EU) has pledged €1.7 billion (about $2 billion) to the Global Partnership for Education (GPE) with an objective to help reform education system in 90 countries around the world including Cambodia. ...

Tin Sokhavuth
https://www.khmertimeskh.com/50906313/eu-2billion-pledge-benefits-cambodias-education-system/

Trade deficit with Korea widens 43%

Bilateral trade between Cambodia and South Korea was worth $552.1 million in the first seven months of this year, growing by nearly 11 per cent on a yearly basis from $498.75 million, according to the Korea International Trade Association (Kita). ...

Hin Pisei
https://www.phnompenhpost.com/business/trade-deficit-korea-widens-43

Access to clean water ticks up 11.8%

The number of households nationwide with access to clean water reached 1,091,869 last year, up by 11.80 per cent from 976,621 in 2020, according to the Ministry of Industry, Science, Technology and Innovation. ...

Post Staff
https://www.phnompenhpost.com/national/access-clean-water-ticks-118

Customs revenues reaches $2.295 billion in 2021

Approximately $2.295 billion was collected as customs revenue in 2021, about 97.1 percent of the yearly plan, according to the data from the General Department of Customs and Excise (GDCE). ...

Khmer Times Staff
https://www.khmertimeskh.com/501023830/customs-revenues-reaches-2-295-billion-in-2021/

Pig carcasses being smuggled from Cambodia to Thailand seized, driver of truck nabbed

About 1.5 metric tons of pork carcasses were seized by Thai Livestock and customs Sunday. The pork had been allegedly smuggled into Thailand’s eastern border province of Sa Kaeo from Cambodia, Thai media  PBS World reported. ...

Khmer Times Staff
https://www.khmertimeskh.com/501197255/pig-carcasses-being-smuggled-from-cambodia-to-thailand-seized-driver-of-truck-nabbed/

Cambodia’s export to Japan jumps 11.4%

Cambodia exported $1.81 billion worth of products to Japan in the first 11 months of last year, a year-on-year increase of 11.4 percent, according to the data from the Japan External Trade Organization (JETRO) yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501216672/cambodias-export-to-japan-jumps-11-4/

SME Co-Financing Scheme II nearly runs out of budget

Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) has released nearly $234 million to 1,981 small and medium enterprises (SMEs) in various sectors across the country through SME Co-Financing Scheme II (SCFS II) from mid-August last year to July this year, according to ...

Kang Sothear
https://www.khmertimeskh.com/501132349/sme-co-financing-scheme-ii-nearly-runs-out-of-budget/

Cambodia’s industry is expected to grow by 9.2 percent in 2023

The Cambodian industry is expected to grow by 9.2 per cent in 2023 with support from improved external demand that help boost garment and non-garment manufacturing, while the garment sector is expected to grow by 8.1 per cent in that year due to demand in ...

Khmer Times Staff
https://www.khmertimeskh.com/501100710/cambodias-industry-is-expected-to-grow-by-9-2-percent-in-2023/

Australian miners find gold in Mondulkiri

Australian mining company Renaissance Minerals has produced its first gold in Cambodia’s Mondulkiri province, earning the Cambodia government $5.1 million in taxes, a senior government official said on Tuesday. ...

Chhorn Raksmey
https://kiripost.com/stories/australian-miners-find-gold-in-mondulkiri

Phnom Penh, the most visited destination in third weekend of September

Phnom Penh capital was crowned No. 1 as the most popular tourism destination in the third weekend of September, receiving 69,404 or 23 percent of the registered visitors in the period, said the Ministry of Tourism in a report released yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501154931/phnom-penh-the-most-visited-destination-in-third-weekend-of-september/

Community zones, land titles planned inside protected areas

The government will take nearly 1 million hectares out of protected areas across the country to create “community zones” with land titles, but the exact locations of these areas — and who will get titled land — are still unclear. ...

Danielle Keeton-Olsen
https://vodenglish.news/community-zones-land-titles-planned-inside-protected-areas/

Traffic accidents drop by 13 percent during first four months

During the first four months of this year, there were 1,011 cases of road accidents, a decline of 13 percent compared to the same period last year, according to Sar Kheng, Deputy Prime Minister and Minister of Interior. ...

Khmer Times Staff
https://www.khmertimeskh.com/501298294/traffic-accidents-drop-by-13-percent-during-first-four-months/

SIM card bank scam warning issued

The Association of Banks in Cambodia is cautioning bank customers to avoid clicking on any suspicious links after a $100,000 loss by an ABA bank customer due to a SIM card-related account hack. ...

Mao Sreypich
https://kiripost.com/stories/sim-card-bank-scam-warning-issued

Cambodia face more foul weather and storms this week

More rains, accompanied by thunder, lightning and gusts, are expected across the country from today to Aug. 1, the Ministry of Water Resources and Meteorology (MOWRAM) said in an announcement on new weather forecast. ...

Khmer Times Staff
https://www.khmertimeskh.com/501331373/cambodia-face-more-foul-weather-and-storms-this-week/

Cambodia’s GDP per capita to reach $2,071 next year: report

Cambodia’s GDP per capita is forecast to hit $2,071 in 2024, up from some $1,917 in 2023, said a report from the Ministry of Economy and Finance on Saturday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501383721/cambodias-gdp-per-capita-to-reach-2071-next-year-report/

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