Tax collection goes up by 21.6 percent
The government’s tax revenue collection rose to about 21.6 percent in the first five months of this year, compared with the same period last year, with some $708.2 million filling state coffers, according to the Ministry of Economy and Finance’s General Department of Taxation (GDT). ...
Sok Chan
http://www.khmertimeskh.com/news/26024/tax-collection-goes-up-by-21-6-percent/
New weather stations being built in provinces
In an attempt to deliver more accurate weather reporting in the Kingdom, the Ministry of Water Resources and Meteorology has started building 30 additional weather stations throughout the country, according to officials. ...
San Bunsim
http://www.khmertimeskh.com/news/27278/new-weather-stations-being-built-in-provinces/
Tourism a key revenue generator for SMEs
Cambodia’s small- and medium-sized enterprises (SMEs) earned $1.9 billion in revenue last year from the tourism sector, and could increase this amount further by reducing imports, an industry spokesman said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/tourism-key-revenue-generator-smes
New salary bump for civil sector employees
Civil servants will see their salaries raised again from January as part of incremental annual pay increases scheduled through 2018, the government announced yesterday.Next year’s raise will mean about 200,000 civil servants will have their basic salaries increased by 12 per cent from the current ...
Chhay Channyda
http://www.phnompenhpost.com/national/new-salary-bump-civil-sector-employees
Official defends imprisonment of activists to visiting US envoy
A secretary of state at the Foreign Affairs Ministry on Tuesday defended the government’s widely criticized imprisonment of 11 activists and an opposition official during a closed-door meeting with a visiting U.S. diplomat. Daniel Russel, an assistant secretary of state at the U.S. government’s Bureau of ...
Khuon Narim
https://www.cambodiadaily.com/news/official-defends-imprisonment-of-activists-to-visiting-us-envoy-76819/
Environment officials to monitor conditions
The Ministry of Environment is set to join the Ministry of Labour in the monitoring of garment factory workplaces, after creating a working group that will probe the environmental safety of all plants in Cambodia. At a press conference at the ministry yesterday, Minister of Environment ...
Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/environment-officials-monitor-conditions
MAFF, CFIU to exchange information on Money Laundering and Terrorism Financing
The Ministry of Agriculture, Forestry and Fisheries (MAFF) and Cambodia Financial Intelligence Unit (CFIU) of the National Bank of Cambodia will cooperate on information exchange related to money laundering and terrorism financing in the field of agriculture. ...
Khmer Times Staff
https://www.khmertimeskh.com/50915736/maff-cfiu-to-exchange-information-on-money-laundering-and-terrorism-financing/
Techo Sen Institute, Chang’an University sign MoU on infrastructure development cooperation and training
Techo Sen Institute of Public Works and Transport and China’s Chang’an University have reached a memorandum of understanding on technical cooperation of road construction and infrastructure development. ...
Khmer Times Staff
https://www.khmertimeskh.com/501095916/techo-sen-institute-changan-university-sign-mou-on-infrastructure-development-cooperation-and-training/
Cambodia-Oz trade dips 8.5%
Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-oz-trade-dips-85
Jan-Apr rubbers exports bounce up 38%: GDCE
Cambodia earned $206.728 million from the export of “rubber and articles thereof” in the first four months of 2023, up 38.0 per cent year-on-year from $149.808 million and up 22.7 per cent half-on-half (compared to July-October 2022) from $168.5 million, according to provisional Customs (GDCE) ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-apr-rubbers-exports-bounce-38-gdce
Cart Tire revving up to raise capital investment to $700M
A Chinese car tyre manufacturer is planning to increase its investment in Cambodia by raising its capital to approximately $700 million, in a move aimed at enhancing production capacity and expanding exports to additional international markets. ...
Hin Pisei
https://www.phnompenhpost.com/business/cart-tire-revving-up-to-raise-capital-investment-to-700m
Footwear export revenue sees decline
Cambodia’s export revenue from footwear and related products reached nearly $1 billion in the first nine months of 2023, marking a 25.1% decline from the $1.32 billion recorded during the same period last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/footwear-export-revenue-sees-decline
Criticism for Cambodia’s tax revenue
Cambodia’s tax revenue increased 16 per cent in the first half of this year compared to the corresponding period last year – a rise economists have attributed to improvements in the Kingdom’s economy. Critics, however, say it amounts to little compared to the national gross domestic ...
New airline gets closer to launch
Cambodia Bayon Airlines will soon import two Modern Ark 60 aircrafts from the state-owned Aviation Industry Corporation of China (AVIC), with plans to begin domestic flights before the end of the year, a company representative said yesterday. Bayon will sign an agreement with AVIC on Thursday ...
Hor Kimsay
http://www.phnompenhpost.com/business/new-airline-gets-closer-launch
Yingluck adds fuel to gas talks
Deputy Prime Minister and head of the Cambodian National Petroleum Association Sok An has called for the resumption of talks with Thailand over the disputed overlapping claims area in the Gulf of Thailand, believed to be rich in oil and natural-gas reserves. The oil industry had ...
Mekong countries, Japan eye new development strategy beyond 2015
The leaders of Japan and five Southeast Asian countries along the Mekong River plan to craft a new strategy in July for Tokyo to contribute to sustainable development of the Mekong region beyond 2015, a senior Japanese official said Thursday. “Taking this opportunity from this ...
Bangkok Post News Staff
http://www2.bangkokpost.com/news/general/478989/mekong-countries-japan-eye-new-development-strategy-beyond-2015
France wants closer economic ties to Cambodia
On a night when some of France’s finest wines were consumed by some of Cambodia’s most senior officials, the message was clear: France wants to strengthen its economic ties with Cambodia. On Wednesday night, the French-Cambodian Chamber of Commerce (CCFC) put on a lavish display of ...
PPSP share buyback planned for mid-December
Phnom Penh Special Economic Zone (PPSP) will commence and execute its share buyback plan in the middle of December, if approved by the exchange and its regulator, according to information given to Khmer Times by the company’s management. ...
Harrison White
https://www.khmertimeskh.com/50789601/ppsp-share-buyback-planned-for-mid-december/
PPWSA makes pitch to investors before IPO
Trading on the Cambodian Securities Exchange should begin at the end of March as the Kingdom’s first stock, Phnom Penh Water Supply Authority, prepares to consult and share information with potential investors this week. The company would host a “roadshow” for investors in anticipation of its ...
Outcome of the workshop on "Regional Comprehensive Economic Partnership: Consequences, Challenges and Future Economic Growth for East Asia and ASEAN"
On 21 March 2022, the Ministry of Commerce issued a press release on the outcome of the workshop on “Regional Comprehensive Economic Partnership: Consequences, Challenges and Future Economic Growth for East Asia and ASEAN”.The workshop consisted of three presentations and a panel discussion by national ...
Ministry of Commerce