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A grade grads meeting PM

The Ministry of Education, Youth, and Sport said the more than 1,000 students who earned A grades in last year’s high school examinations are set for their February 2 meeting with Prime Minister Hun Sen. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/grade-grads-meeting-pm

VAT implementation on cigarettes in Cambodia could save thousands of lives

The Cambodian government has implemented a value-added tax (VAT) on cigarettes to combat the health risks associated with smoking and tobacco products. Effective August 1, companies importing and distributing cigarettes in Cambodia must apply a flat rate of 10 percent VAT on all cigarette supplies. ...

Khmer Times Staff
https://www.khmertimeskh.com/501335644/vat-implementation-on-cigarettes-in-cambodia-could-save-thousands-of-lives/

Cambodia-US 8-month trade slips 5%

Exports from Cambodia to the US in the first eight months of 2023 dipped 4.8 per cent to $6.1 billion, compared to the same period in 2022, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-us-8-month-trade-slips-5

NEC: 2023 voter registration to kick off in October

The registration of voters for the year 2023 will take place from Oct. 1 to 19 at the communes/Sangkat across the country, announced the National Election Committee (NEC) in a meeting with stakeholders held at the NEC’s headquarters in Phnom Penh this morning. ...

Khmer Times Staff
https://www.khmertimeskh.com/501359279/nec-2023-voter-registration-to-kick-off-in-october/

Online biz registrations surging

The total capital of 28,618 companies registered in the online business registration system jumped to $8.4 billion as of Aug 27, compared to 20,693 companies with a total capital of $5.8 billion at the start of 2023. ...

Hin Pisei
https://www.phnompenhpost.com/business/online-biz-registrations-surging

Online biz registrations surging

The total capital of 28,618 companies registered in the online business registration system jumped to $8.4 billion as of Aug 27, compared to 20,693 companies with a total capital of $5.8 billion at the start of 2023. ...

Hin Pisei
https://www.phnompenhpost.com/business/online-biz-registrations-surging

Angkor park sees growth in foreign ticket sales of $23M from Jan-Aug

According to Angkor Enterprise, 498,513 foreign tourists visited the park, which is an increase of 350.9 per cent from the same period in 2022, pushing up ticket revenue by 420 per cent year-on-year to $23.1 million. ...

Hin Pisei
https://phnompenhpost.com/business/angkor-park-sees-growth-foreign-ticket-sales-23m-jan-aug

Cambodia imports oil, gas products worth $2.84 billion in first 9 months

Cambodia imported oil and gas products worth $2.84 billion in the first nine months of 2022, up 66 percent from $1.71 billion in the same period last year, according to a report from the General Department of Customs and Excise on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501166331/cambodia-imports-oil-gas-products-worth-2-84-billion-in-first-9-months/

UNDP donates 31 electric vehicles to ministry

The United Nations Development Program (UNDP) has donated 30 electric motorbikes and​ a car to the Ministry of Public Works and Transport as part of efforts to promote the wide use of electric vehicles (EV) in the country, as four charging stations officially open. ...

Chhorn Raksmey
https://kiripost.com/stories/undp-donates-31-electric-vehicles-to-ministry

SSEZ trade volume hits $2B in 10 months

The volume of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) totalled $2.069 billion in the first 10 months of 2022, marking a 17.09 per cent rise year-on-year from $1.767 billion, according to statistics posted by the operator at the weekend. ...

Hin Pisei
https://www.phnompenhpost.com/business/ssez-trade-volume-hits-2b-10-months

Banks, MFIs raise interest rates following Fed move

Many banks and microfinance institutions (MFIs) in Cambodia have increased interest rates for deposits in dollar and riel currency by approximately 0.5 percent and 1 percent per annum respectively but not decreased rates for loans in the last three months, according to senior officials in ...

Kang Sothear
https://www.khmertimeskh.com/501128445/banks-mfis-raise-interest-rates-following-fed-move/

Implementation of new income, salary tax come into effect

All organisations and institutions associated with the Royal Government of Cambodia have started implementing the new taxes on the annual income of individuals and sole proprietorship businesses and monthly salaries of resident employees from January 1, 2023, following a new sub-decree issued on September 28, ...

Kang Sothear
https://www.khmertimeskh.com/501213229/implementation-of-new-income-salary-tax-come-into-effect/

PP-Bavet Expressway construction set to begin

The Royal Government of Cambodia (RGC) yesterday signed the Public-Private Partnership (PPP) contract with the Chinese infrastructure construction firm China Road and Bridge Corporation (CRBC) to start the construction of Cambodia’s second expressway project Phnom Penh-Bavet Expressway (PP-Bavet Expressway) worth $1.4 billion early next month. ...

Kang Sothear
https://www.khmertimeskh.com/501292966/pp-bavet-expressway-construction-set-to-begin/

South Korea investment sought as five MoUs signed

Two high-ranking Cambodian officials have issued fresh rallying calls for South Korean entities to invest in the Kingdom and take advantage of its bilateral and multilateral trade pacts, especially the Cambodia-Korea Free Trade Agreement (CKFTA) that took effect on December 1. ...

May Kunmakara and Van Socheata
https://www.phnompenhpost.com/business/south-korea-investment-sought-five-mous-signed

Takeo farmer’s diversification bet pays off

A farmer in Takeo province is reaping the benefits of diversification on his 1.6ha land in Borei Cholsar district. Previously, Sem Savry grew three crops of rice a year, but now, in addition to his rice, he feeds river shrimp and geese, and grows coconuts. ...

Rann Reuy
https://www.phnompenhpost.com/national/takeo-farmers-diversification-bet-pays

Unlocking the potential of a digital education at MLE schools

When Anlong Kes Primary School received a smart TV last year to help teachers support digital learning in schools with ethnic minority students, the staff weren’t short on ideas on how to use it. Grade 1 teacher Antoey Vibot said she knew her students would ...

Khmer Times Staff
https://www.khmertimeskh.com/501282259/unlocking-the-potential-of-a-digital-education-at-mle-schools/

Japan to offer grant aid in support of cadastral surveying and land registration in Cambodia

Japan will provide Cambodia for JPY 1,338 million ($9.7 million) for the implementation of the project for the Establishment of a Nationwide Continuously Operating Reference Station Network, according to Cambodia’s Ministry of Foreign Affairs and International Cooperation’s press release and obtained by AKP today. ...

Khmer Times Staff
https://www.khmertimeskh.com/501381543/japan-to-offer-grant-aid-in-support-of-cadastral-surveying-and-land-registration-in-cambodia/

Cambodia set to continue export duty incentives in rubber sector

Cambodia is set to offer tax incentives for another two years on rubber exports, starting from January 1, 2024, aiming to encourage cultivation and support growers and exporters in the face of declining prices due to a drop in international demand. ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-set-to-continue-export-duty-incentives-in-rubber-sector

Sand for Singapore's Growth Comes at Environmental Cost to Poorer Neighbors

KOH KONG, Cambodia (AP) — Round a bend in Cambodia’s Tatai River and the virtual silence of a tropical idyll turns suddenly into an industrial nightmare. Lush jungle hills give way to a flotilla of dredgers operating 24 hours a day, scooping up sand and piling ...

http://hosted.ap.org/dynamic/stories/A/AS_CAMBODIA_SELLING_SAND?SITE=CALAK&SECTION=HOME&TEMPLATE=DEFAULT

responsAbility Invests $13.5m in Microfinance Institutions (MFIs) VisionFund Cambodia, Equity Bank of Kenya

responsAbility Social Investments AG, a Swiss for-profit company that operates four microfinance investment vehicles (MIVs), recently reported to MicroCapital that it has invested USD 13.5 million in microfinance institutions (MFIs) Equity Bank of Kenya and VisionFund Cambodia. The investments have been made through three MIVs: ...

http://www.microcapital.org/microcapital-brief-resposnability-invests-13-5m-in-microfinance-institutions-mfis-visionfund-cambodia-equity-bank-of-kenya/

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