$30B casino, theme park project mooted
MQ Technology Bhd, a Malaysian investment holding company, is looking to form a joint venture with a newly formed entity, Cambodian Resorts and Entertainment Co Ltd, to build a $30 million casino and theme park in Prey Veng province near the Vietnamese border, according to ...
Kali Kotoski
http://www.phnompenhpost.com/business/30b-casino-theme-park-project-mooted
Cambodia, Singapore vow to ramp up cooperation
Cambodia and Singapore have pledged to step up cooperation to bolster bilateral trade, after registering more than $5.2 billion last year, marking a nearly 50 per cent jump over 2020. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-singapore-vow-ramp-cooperation
World Bank forecasts Cambodia’s economic growth to reach 4.5 percent in 2022 and 5.5 percent in 2023.
A World Bank released on January 12, 2022, said that Cambodia’s economic growth this year is expected to reach 4.5 percent this year and is projected to grow further to 5.5 percent in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501006196/world-bank-forecasts-cambodias-economic-growth-to-reach-4-5-percent-in-2022-and-5-5-percent-in-2023/
RCEP, CCFTA give boost to e-commerce development
The Regional Comprehensive Economic Partnership (RCEP) trade pact and the Cambodia-China Free Trade Agreement (CCFTA) have given a boost to the fledgling e-commerce industry in Cambodia, experts said on Monday . ...
Khmer Times Staff
https://www.khmertimeskh.com/501111535/rcep-ccfta-give-boost-to-e-commerce-development/
PM Hun Manet reaffirms Cambodia’s growth for this year is at 5.6 percent
Cambodia maintained its economic growth prediction at 5.6 percent in 2023 and raised it to 6.6 percent in 2024, the country’s Prime Minister Hun Manet said here on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501397374/pm-hun-manet-reaffirms-cambodias-growth-for-this-year-is-at-5-6-percent/
Cambodia’s economy projected at 6.6 pct in 2024: PM
Cambodia is expected to see a 6.6-percent rise in its economy in 2024 from 5.6 percent in 2023, the country’s Prime Minister Hun Manet said here on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501466941/cambodias-economy-projected-at-6-6-pct-in-2024-pm/
Interior Ministry receives Sourn Serey Ratha's letter, seeking to establish a political party
The Ministry of Interior received a letter Monday from Sourn Serey Ratha who is seeking permission to form ‘Khmer People Power Party’. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/interior-ministry-receives-sourn-serey-rathas-letter-seeking-to-establish-a-political-party-7863
Draft of long-awaited access-to-information law unveiled
A proposed access-to-information law more than a decade in the making was unveiled to the public yesterday, with just one item left to finalise – punishments for officials who refuse to disclose public information. ...
Daphne Chen
http://www.phnompenhpost.com/national/draft-long-awaited-access-information-law-unveiled
IMF says GDP will grow to 6.7 percent this year
The International Monetary Fund yesterday estimated that economic growth in Cambodia would reach 6.7 percent this year, though it warned that a slowdown in the US and Europe could lead to a dip in the economy. In its world economic outlook, the IMF also predicted that ...
Extractive industry to become new economic driver – Ministry
The government last week said the extractive industry is on course to become a main economic pillar. Cambodia’s economic development is mostly driven by the construction, real estate, tourism, garments and agricultural sectors, but the government is working to diversify, with the extractive industry set ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50663802/extractive-industry-to-become-new-economic-driver-ministry/
QIPs, SEZs get lion’s share of tax relief in Cambodia
When it came to relief for special taxes (excise), value-added taxes and customs duties on imports – QIPs and SEZs received a disproportionate amount of customs tax relief, said a recent World Bank report. In 2020, QIPs took around 51 percent of total tax exemption, ...
Rachel David
https://www.khmertimeskh.com/501469664/qips-sezs-get-lions-share-of-tax-relief-in-cambodia/
BRI projects not to lead Cambodia into debt trap
The Belt and Road Initiative (BRI) pioneered by China will not lead the country into a debt trap, Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, said, dismissing the narrative about the adverse effects the BRI ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501399348/bri-projects-not-to-lead-cambodia-into-debt-trap/
Strikes still on in some provinces
Unrest in the garment sector spread yesterday, as hundreds of workers from Kandal province demonstrated outside their factory. The 700 workers at Unity Fashion factory walked off the job after managers said they would dock wages of workers who did not show up on April 17, ...
Mom Kunthear
http://www.phnompenhpost.com/national/strikes-still-some-provinces
Ex-CNRP teachers fired in Siem Reap, say move politically motivated
The Ministry of Education has fired four ex-Cambodia National Rescue Party members from their teaching jobs in Siem Reap province, according to a letter from Education Minister Hang Chuon Naron. ...
Soth Koemsoeun
http://www.phnompenhpost.com/national/ex-cnrp-teachers-fired-siem-reap-say-move-politically-motivated
Cambodia calls for stronger regional ties
Prime Minister Hun Sen called for enhanced cooperation among countries in the region to achieve a sustainable economic recovery in a speech delivered on Sunday at a forum where experts also highlighted the benefits of green and digital transitions. ...
Khmer Times Staff
https://www.khmertimeskh.com/501150455/cambodia-calls-for-stronger-regional-ties/
Government urges land concession firms to respect law
Environment Minister Say Sam Al met with private firms with land concessions last week to gauge their compliance with government rules and regulations, and adherence to their own contracts. Amid mounting local and international pressure, Prime Minister Hun Sen in mid-2012 ordered a freeze on ...
Aun Pheap
http://www.cambodiadaily.com/news/government-urges-land-concession-firms-to-respect-law-57474/
Tour guides voice concern over app that will offer audio tours
Tour guides at the Kingdom’s historical sites are voicing concern over an audio tour app they said is threatening their careers. Developed by local company Angkor Audio, the app provides spoken tours in 14 languages. ...
Hin Pisei
https://www.phnompenhpost.com/business/tour-guides-voice-concern-over-app-will-offer-audio-tours
NGOs told to file annual reports or face closure
The Ministry of Interior warned NGOs and associations yesterday to submit their annual financial reports or face legal action, including being shut down. ...
Khuon Narim
http://www.khmertimeskh.com/5095401/ngos-told-file-annual-reports-face-closure/
Vietnamese tourists to Cambodia rank 1st
89,816 Vietnamese tourists visited Cambodia in first quarter of 2014, ranking first, according to the tourism minister on Thursday. Speaking at a workshop on Cambodian-Vietnamese Investment and Trade Promotion, Tourism Minister Thong Khon also said 133,485 Cambodian people visited Vietnam in the same period of 2014. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=YzZjZWNiY2UyMzI
Press release of the Ministry of Interior on the 2nd meeting on the amendments to the Law on Associations and Non-Governmental Organizations (LANGO)
On 20 October 2022, the Ministry of Interior notified local and foreign associations, non-governmental organizations, and the national and international public that the government working group on Civil Society Organization’s facilitation and requests would hold the 2nd meeting with the CSOs. The purpose of the ...
Ministry of Interior
