Petrol, diesel rates increased to 5,650, 5,550 riel: ministry
The retail prices of regular-grade petrol and diesel respectively increased by about 0.9 per cent and 2.8 per cent on June 1, according to a notice issued by the Ministry of Commerce. ...
Hom Phanet
https://www.phnompenhpost.com/business/petrol-diesel-rates-increased-5650-5550-riel-ministry
Tax revenue reaches 29% of 2022 goal by end-April
Cambodia earned more than $1.502 billion from tax collection in the first four months of 2022, an increase of over $340 million or 29.36 per cent year-on-year, a feat observers believe reflects recovery and encouraging results from the government’s push started in early November towards ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-revenue-reaches-29-2022-goal-end-april
Jan-Mar Canada exports rise 8% as CCC eyes office launch
Cambodia netted $241.41 million from exports to Canada in the first quarter of 2022, marking an 8.1 per cent rise year-on-year from $223.23 million, and accounting for 98.2 per cent of bilateral trade over the period, according to Customs. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-mar-canada-exports-rise-8-ccc-eyes-office-launch
Minister calling on farmers to get back to fields after Covid
At a meeting with 1,400 people in attendance in Ro-ang commune of Kampong Cham province’s Kampong Siem district on April 30, Minister of Agriculture, Forestry and Fisheries Veng Sakhon advised them to work on recovering their family’s economic prospects by resuming all types of agriculture ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/minister-calling-farmers-get-back-fields-after-covid
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/