Exports from SEZs soar 27% year-on-year
Cambodia’s exports through the special economic zones (SEZs) last year increased by about 27 per cent compared to 2018, Minister of Economy and Finance Aun Pornmoniroth said on Thursday. Speaking during a visit to the Phnom Penh Special Economic Zone (PPSEZ), Pornmoniroth said the total ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-sezs-soar-27-year-year
Tax-free brackets adjusted
The government has raised the tax-free bracket from 1.2 million riel (about $300) to 1.3 million (about $320) in a move to ensure civil servants due for raises this year are not subjected to income tax. A sub-decree signed by Prime Minister Hun Sen earlier this ...
Long Kimmarita
https://www.phnompenhpost.com/national/tax-free-brackets-adjusted
Southeast Asia's solid economic growth rides over global woes
Southeast Asia is showing stronger signs of resilience to global turbulence than the rest of Asia as buoyant domestic spending offsets struggling exports, while low debt levels give governments more room than their cash-strapped counterparts in the West to deliver stimulus. On Thursday, the Philippines became ...
http://uk.reuters.com/article/2012/06/01/uk-seasia-economy-idUKBRE85009U20120601
Pay delay frustrates disabled community
More than one year after the government passed legislation to bring in a pension for people with disabilities living in poverty, a preliminary committee to workshop how to locate such disabled people has still not been formed, officials said yesterday. In June last year, the ...
PPAP share offer fully subscribed
Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, successfully raised $5.2 million in an initial public offering that was more than 1.4 times oversubscribed, its underwriter said yesterday.Subscription for 4.1 million shares, a 20 per cent stake, of the port ...
Cam McGrath and Sorn Sarath
http://www.phnompenhpost.com/business/ppap-share-offer-fully-subscribed
Soldiers confirmed dead
Three Cambodian peacekeepers have been confirmed dead in Central African Republic, a day after they went missing following an attack on their convoy by a Christian militant group. The three men, Mao Eng, 37, Seang Norin, 35, and Mom Tola, 31, were shot to death and ...
Touch Sokha and Erin Handley
http://www.phnompenhpost.com/national/soldiers-confirmed-dead
The Royal Government has authorized the National Committee for Coastal Management to implement a project to improve the mud beach into a 2,700-meter height public beach from crab market to mangrove forests located in Phum Thmei, Prey Thum, Krong Keb, Kep Province.
On 13 August 2021, National Committee for Coastal Area Management issued a press release on authorization by the Royal Government to implement a project to improve the mud203; beach into a 2,700-meter height public beach from crab market to mangrove forests located in Phum Thmei, ...
National Committee for Coastal Area Management
Lifting of the temporary suspension of direct flights from Malaysia, Indonesia and the Philippines
On 23 October 2021, the Ministry of Health issued a press release on the lifting of the temporary suspension of direct flights from Malaysia, Indonesia and the Philippines. Direct flights from Malaysia, Indonesia and the Philippines have been resumed. ...
Ministry of Health
Resumption of public transport services, buses and canoe
On 01 November 2021, the Phnom Penh Municipal Public Transport Authority issued a notification on the resumption of public transport services, buses and canoe. The authority will resume testing of public transport, buses and canoe from 02 November 2021. ...
Phnom Penh Municipal Public Transport Authority
Press release on the outcomes of the plenary session of the Council of Ministers on 13 January 2023
On 13 January 2023, the Council of Ministers issued a press release on the outcomes of the plenary session of the Council of Ministers on 13 January 2023.The outcomes focus on 1. Draft law on public financial system 2. Draft law on clean water management ...
Council of Ministers
Press release on the outcome of the plenary session of the Council of Ministers on 28 April 2023
On 28 April 2023, the Office of the Council of Ministers issued a press release on the outcome of the plenary session of the Council of Ministers at the Peace Palace under the high presidency of Samdech Hun Sen, Prime Minister of the Kingdom of ...
Office of the Council of Ministers
Press release on the outcome of the resumption of the National Assembly's ninth session of the 6th legislature on Tuesday, 30 May, 2023
On 30 May 2023, the National Assembly issued a press release on the outcome of the resumption of the National Assembly’s ninth session of the 6th legislature on Tuesday, May 31, 2023.The agenda of the ninth session of the 6th legislature consists of 2 agendas:Discussion ...
National Assembly
Microfinance formed over 30% of Cambodia’s 2022 GDP
Microfinance has grown exponentially in Cambodia and is not as stressed as reported by the international media, according to a study by research firm M-CRIL in partnership with the Cambodia Microfinance Association (CMA). A sector which had only 50,000 clients in 1995, now services 2.1 ...
Rachel.David
https://www.khmertimeskh.com/501429233/microfinance-formed-over-30-of-cambodias-2022-gdp/
SDG 1 No poverty
Sustainable Development Goal 1 (SDG 1) seeks to “end poverty in all its forms everywhere”, ensuring extreme poverty is eradicated and overall poverty is reduced by 50%.This goal provides a much more comprehensive approach than the Millennium Development Goals (MDGs) to the issue of poverty. ...
Foreign investors
Things you should know about Cambodia before investingCambodia has performed well on foreign direct investment (FDI) so far, three times better than predicted, which scored 3.6, becoming the top 25 in the world.27 The FDI reached an all-time high of 14.1% in 2012 and nearly ...
As Phnom Penh Grows, So Does Its Sewage Problem
Since 1998, Phnom Penh’s population has doubled to more than 2 million. High-rise buildings have popped up in the city’s center and housing developments have been hastily erected. Yet the city’s antiquated, decades-old drainage system has undergone little improvement in that time and experts say the ...
Resurgent mobile deals could hurt margins, analysts say
‘Top up $2 and get 30 free minutes daily for 20 days. Top up $5 and expand the same offer for a month. And, for a $10 recharge, that half-an-hour freebie lasts 50 days.” Mobile operator Beeline, which announced the promotion in August, called it “another ...
Anne Renzenbrink
http://www.phnompenhpost.com/business/resurgent-mobile-deals-could-hurt-margins-analysts-say
Australian-commissioned analysis on expanding access to piped water through public-private partnerships
On 15 June 2021, Australia’s Chargé d’Affaires Mr Luke Arnold met H.E. Cham Prasidh, Senior Minister at the Ministry of Industry, Science, Technology, and Innovation (MISTI) to advance bilateral collaboration on access to clean piped water in Cambodia’s provinces. Mr Arnold presented the findings of ...
The Australian Embassy in Cambodia
Expropriation
The Constitution of the Kingdom of Cambodia and the Land Law of 2001 both guarantee an individual’s right to property protection. Though part of the Government’s policy framework since 2002, not until 2010 did a legal framework exist to govern the process by which the ...
Chinese aid
Construction of a laboratory funded by Chinese money. Photo by Michael Coghlan, taken on 10 January 2014. Licensed under CC-BY-SA 2.0China, while once being at odds with the current government, is now Cambodia’s largest development partner. The two nations have grown increasingly close in recent ...