Imports from Thailand show decline
The Thai embassy has released figures that show that exports to Cambodia have decreased slightly from $1.095 billion to $1.091 billion. Total trade between the nations has increased by 3.5 percent for during the first of the year when compared to last year. Cambodia has ...
Cambodia looks to banking and agriculture to spur growth
Garment-making has been a mainstay of Cambodia’s fledgling economy, chalking up between 6 and 7 percent annually for the past four years. But, the country is turning its focus back to the land in the hope that rice growing and other farming produce, will lift growth ...
http://www.channelnewsasia.com/stories/economicnews/view/1184944/1/.html
Ministry matters: Pawnshops must apply for license
The Ministry of Economy and Finance has called on all unregistered pawnshops to apply for an operating license by March 31 or face legal action, according to a government announcement on Friday. The move follows the 2010 law that first legalised pawnshops in the Kingdom, an ...
Cambodia’s inflation up over 5% in February
Prices in Cambodia rose 5.4 per cent year-on-year in February, as fuel costs continued to push inflation higher, according to data from the National Institute of Statistics released yesterday. Foodstuffs, however, saw declines following demand that was driven by Chinese New Year, though paddy prices were ...
The great land giveaway
More than 2 million of the Kingdom’s nearly 18 million hectares of land – roughly 12 per cent – was given out to 225 private companies in economic concessions last year, according to an annual report released by rights group Adhoc yesterday. The concessions put 606 ...
http://www.phnompenhpost.com/index.php/2012032355211/National-news/the-great-land-giveaway.html
Clogged, creaking airports hamper SE Asia carriers
It’s a scene repeated endlessly at most of Southeast Asia’s main airports – planes forced to circle overhead or idle on the tarmac and travellers stuck in serpentine queues at immigration desks, security checkpoints and baggage carousels. And it’s likely to get worse in capitals like ...
http://www.reuters.com/article/2012/03/26/uk-airlines-southeastasia-idUSLNE82P00P20120326
Rice Harvest, Yield Up Last Year Despite Flooding
Rice production grew by 6.42 percent last year, despite vast tracts of paddy being devastated by flooding, according to figures released yesterday by the Ministry of Agriculture. In the 2011 to 2012 season, 8.78 million tons of rice were harvested from 2.78 million hectares of ...
Students to learn financial literacy
Cambodian students from grade 1 to 12 will begin studying basic financial skills starting in the 2019 academic year as the National Bank of Cambodia (NBC) is now finalising the curriculum. NBC director-general Chea Serey said Thursday that the new curriculum would help boost the ...
Hor Kimsay
https://www.phnompenhpost.com/business/students-learn-financial-literacy
Tax authority reveals new target
The General Department of Taxation (GDT) has announced that it aims to increase revenue from tax collection by 19 percent with a new strategy for the next four years based on sustainability and fair competition in the private sector. ...
Sum Manet
https://www.khmertimeskh.com/50545986/tax-authority-reveals-new-target/
Kith Meng re-elected as CCC president
Prominent businessman Kith Meng was re-elected yesterday as the president of the Cambodia Chamber of Commerce with the support of 15 presidents of chambers in Phnom Penh and provinces. ...
Chea Vannak
https://www.khmertimeskh.com/50643673/kith-meng-re-elected-as-ccc-president/
Villagers petition to evict family protecting Phnom Tnout forest
A group of villagers from a community forest inside Preah Vihear province’s Phnom Tnout Wildlife Sanctuary are collecting thumbprints to evict a family that has been protecting the forest from illegal logging and preventing poaching of endangered species. ...
Phak Seangly
https://www.phnompenhpost.com/national/villagers-petition-evict-family-protecting-phnom-tnout-forest
Over $1B collected in tax revenue
The Cambodian government collected more than $1 billion in tax revenue in the first five months of the year, an increase of more than 12 percent compared to the same period last year, according to a monthly report from the General Department of Taxation (GDT) ...
Post Staff
https://www.phnompenhpost.com/business/over-1b-collected-tax-revenue
PM calls for end to ‘fake news’
Prime Minister Hun Sen has called on local and international journalists to join hands in tackling fake news, which he said could cause social turmoil in the Kingdom and beyond. ...
Mech Dara
https://www.phnompenhpost.com/national/pm-calls-end-fake-news
Ministry ups mental health centres
The Health Ministry has published a list of more than 400 health centres offering treatment for mental disorders and drug abuse, including their locations and contact numbers. The ministry expanded its outreach efforts to address mental health issues and drug abuse in public health facilities ...
Sen David
https://www.khmertimeskh.com/50575069/ministry-ups-mental-health-centres-2/
National Police set to sign MoU with FBI in US
The National Police and the US Federal Bureau of Investigation will sign an MoU to create a joint taskforce to combat terrorism and cross-border crimes, National Police spokesman Lieutenant General Chhay Kim Khoeun said. National Police chief General Neth Savoeun and a delegation yesterday flew ...
Taing Vida
https://www.khmertimeskh.com/50593945/national-police-set-to-sign-mou-with-fbi-in-us/
Foreigners now banned from 10 job categories
Tuk-tuk driver, hairdresser, tailor, masseuse and mechanic are among the jobs now confirmed as off-limits to foreigners after the Ministry of Labour and Vocational Training signed a prakas on Wednesday aimed at protecting the local job market. ...
Mech Dara
https://www.phnompenhpost.com/national/foreigners-now-banned-10-job-categories
GDT: Chinese companies must fulfil duty obligations
The General Department of Taxation (GDT) said Chinese investment is contributing greatly to the Kingdom’s tax revenue and called on Chinese companies to properly fulfil their tax obligations. Speaking at a forum on Mechanism of Cambodia-China Fiscal Cooperation on Friday, GDT director-general Kong Vibol said: ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-chinese-companies-must-fulfil-duty-obligations
Gambling ban driving Chinese nationals away
Tens of thousands of Chinese nationals are reportedly leaving the Kingdom following a government ban on online gambling intended to reduce the number of crimes committed by foreigners. On August 18, Prime Minister Hun Sen issued a directive banning all online and arcade gambling in the ...
Ben Sokhean
https://www.khmertimeskh.com/50641757/gambling-ban-driving-chinese-nationals-away/
Tax cuts promised for SMEs that register with GDT
In order to bring more businesses into the regulatory fold, the government has promised attractive new incentives for companies that register before December, including a two-year break on tax revenue. ...
Sok Chan
https://www.khmertimeskh.com/50487285/tax-cuts-promised-for-smes-that-register-with-gdt/
New airline about to take off
Cambodia Airways, a locally owned airline with $200 million paid-up capital, will launch operations in the next few weeks, operating local and international routes, particularly to destinations in China, according to a representative of the Secretariat of State Civil Aviation. ...
May Kunmakara
https://www.khmertimeskh.com/50503667/new-airline-about-to-take-off/