Commission hold workshop to explain gambling laws
Commercial Gambling Management Commission of Cambodia (CGMC) has organised a workshop to disseminate information about the Law on the Management of Integrated Resorts and Commercial Gambling to authorities at all levels as a basis for their cooperation with all relevant institutions for higher efficiency in ...
Lay Samean and Sek Prak
https://www.phnompenhpost.com/national/commission-hold-workshop-explain-gambling-laws
Gov’t to intervene informal economy affected by inflation, says PM
The government on Wednesday approved a new mechanism to intervene in the informal economy by providing cash to Cambodian households who run informal businesses that are affected by inflation by November 2022 amid Russia’s ongoing invasion of Ukraine and sanctions, said Prime Minister Hun Sen ...
Kang Sothear
https://www.khmertimeskh.com/501164008/govt-to-intervene-informal-economy-affected-by-inflation-says-pm/
Indonesia flights set for return?
Tourism minister Thong Khon has asked Indonesia to push for the resumption of direct flights to Cambodia as soon as possible to build up bilateral tourism flows, the tourism ministry said, after Indonesian arrivals to the Kingdom ballooned by nearly 600 per cent year-on-year in ...
Hin Pisei
https://www.phnompenhpost.com/business/indonesia-flights-set-return
ASEAN seeks stronger economic partnerships with RoK, Russia
Economic ministers of ASEAN countries and the Republic of Korea (RoK) discussed the directions of negotiations for the upgrade of the ASEAN-Korea Free Trade Agreement (AKFTA) during their consultation meeting in Siam Reap, Cambodia, on September 16 within the framework of the 54th ASEAN Economic ...
Khmer Times Staff
https://www.khmertimeskh.com/501152439/asean-seeks-stronger-economic-partnerships-with-rok-russia/
Tax revenue passes target amid money laundering cases
The General Department of Taxation (GTD) of the Ministry of Economy and Finance (MEF) has collected more than $2.94 billion of tax revenue for the period of first 10 months this year, which passes the amount set in the budget law 2022 and increases 26.96 ...
Kang Sothear
https://www.khmertimeskh.com/501186161/tax-revenue-passes-target-amid-money-laundering-cases/
Forum shows fruits of China-Cambodia cultural exchanges
The second China-Cambodia cultural exchange forum was held in Beijing on Monday, fulfilling the joint vow of carrying forward the “ironclad friendship” and building high-quality, high-level and high-standard ties between the two countries, following Cambodian Prime Minister Hun Sen’s visit to China. ...
Hu Yuwei
https://www.globaltimes.cn/page/202302/1285400.shtml
Kingdom looks to join China’s CIPS payment system
The National Bank of Cambodia (NBC) is looking into joining the RMB Cross-border Interbank Payment System (CIPS) to provide additional international payment options; facilitate and boost trade, investment, tourism between the two countries through yuan-denominated transactions; and to make management of the Chinese currency in ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-looks-join-chinas-cips-payment-system
Joint venture funds coming to Cambodia ‘by end of Q1’
The Securities and Exchange Regulator of Cambodia (SERC) is set to authorise the establishment of joint venture funds in the first quarter of this year ending March 31, as the underlying regulatory framework nears completion, paving the way for licensed companies to raise money for ...
May Kunmakara
https://www.phnompenhpost.com/business/joint-venture-funds-coming-cambodia-end-q1
ASEAN launches river project
The ASEAN integrated river basin management (IRBM) project was launched in Manila, Philippines, to develop practical and innovative ways for communities, industries and governments to work together to revitalise the rivers of Southeast Asia. ...
Ry Sochan
https://www.phnompenhpost.com/national/asean-launches-river-project
SME Bank loans top $432M, help at least 3,260 businesses
The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) has disbursed more than $432 million in loans to at least 3,260 SMEs, to keep them from going under during the height of the Covid-19 crisis, and subsequently to help them reopen and ...
May Kunmakara
https://www.phnompenhpost.com/business/sme-bank-loans-top-432m-help-least-3260-businesses
Shipping link with three nations all set
CMA CGM Group, the third largest container shipping company worldwide and number one in France, is slated to launch the Yangon Cambodia Express (YCX), creating a direct link between Myanmar, Cambodia, Singapore and Malaysia, and industry insiders are hailing the service as a promising new ...
May Kunmakara
https://www.phnompenhpost.com/business/shipping-link-three-nations-all-set
Prahok fish season bountiful
Minister of Agriculture, Forestry and Fisheries Dith Tina expressed his admiration for this year’s fishing season haul, which has seen fishermen catching up to three tonnes of fish in less than an hour, something he credits to the government’s efforts at preventing illegal fishing and ...
Orm Bunthoeurn and Lay Samean
https://www.phnompenhpost.com/business/prahok-fish-season-bountiful
Cambodia’s goods exports to US rise nearly a quarter on-year to $8.2B
Cambodia and the US traded goods worth $8.510 billion in the first 11 months of 2022, marking gains of 21.79 per cent on-year, with Cambodian exports to the world’s largest economy accounting for a 96.56 per cent share, according to the General Department of Customs ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodias-goods-exports-us-rise-nearly-quarter-year-82b
Prahok fish season bountiful
Minister of Agriculture, Forestry and Fisheries Dith Tina expressed his admiration for this year’s fishing season haul, which has seen fishermen catching up to three tonnes of fish in less than an hour, something he credits to the government’s efforts at preventing illegal fishing and ...
Orm Bunthoeurn and Lay Samean
https://www.phnompenhpost.com/business/prahok-fish-season-bountiful
Cambodia needs $30B for 150 prioritised infrastructure projects
Cambodia has sought partners to raise about $30 billion of investment funds to implement 150 hard and soft infrastructure projects that the government has classified as priorities to place in the Comprehensive Intermodal Comprehensive Master Plan (CIT-MP) for the next ten years, said a release ...
Kang Sothear
https://www.khmertimeskh.com/501278432/cambodia-needs-30b-for-150-prioritised-infrastructure-projects/
Kingdom seeks partners for planned Mondulkiri airport
Cambodia is looking for partners for the development of a planned airport in Mondulkiri province south of Sen Monorom town after PowerChina International Group Ltd (PIG) withdrew during the Covid-19 crisis and subsequent negotiations with other foreign companies fell through, according to a senior civil ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdom-seeks-partners-planned-mondulkiri-airport
New govt body to regulate Cambodia’s digital economy
The Royal Government of Cambodia (RGC) has issued a sub-decree to establish the General Department of Digital Economy that will exclusively function under the Ministry of Economy and Finance (MEF) to direct, regulate and develop the digital economy in the country after the Deputy Prime ...
Kang Sothear
https://www.khmertimeskh.com/501314071/new-govt-body-to-regulate-cambodias-digital-economy/?p=1314071
Drug trafficking via Golden Triangle on the radar screen
A joint delegation comprising Cambodia, Thailand, Laos, Vietnam, and the UN recently undertook a five-day visit to the Thai-Lao-Cambodian border. Their objective was to assess the situation of drug trafficking and chemicals originating from the transboundary Golden Triangle which affect countries in the region. The ...
Ry Sochan
https://www.phnompenhpost.com/national/drug-trafficking-golden-triangle-radar-screen
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/
P Veng builds infrastructure for ecotourism opportunities
The Prey Veng provincial leadership have expressed their commitment to building more transport infrastructure in both urban and rural areas to attract more visitors to the province. They described the province as having further tourism potential, but described the existing infrastructure as “limited”. ...
Sem Pisey
https://www.phnompenhpost.com/national/p-veng-builds-infrastructure-ecotourism-opportunities