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Development council approves electric bike plant and rain gear investments

The Council for the Development of Cambodia (CDC) yesterday approved two new projects worth $5.6 million that will create nearly 1,500 new jobs. ...

Khmer Times Staff
https://www.khmertimeskh.com/50849071/development-council-approves-electric-bike-plant-and-rain-gear-investments/

Remittances fall 17% to $1.2B in 2020: NBC data

Cambodia received $1.2 billion in remittances from migrant workers abroad last year, marking a sharp 17 per cent drop from $1.5 billion in 2019, the National Bank of Cambodia reported. ...

May Kunmakara
https://www.phnompenhpost.com/business/remittances-fall-17-12b-2020-nbc-data

Seven more financial institutions join CGCC

Seven financial institutions (FI) on June 29 signed a credit guarantee agreement with government-owned Credit Guarantee Corporation of Cambodia (CGCC) to provide more business loans in an effort to contribute to economic activities amid the ongoing Covid-19 health crisis. ...

May Kunmakara
https://www.phnompenhpost.com/business/seven-more-financial-institutions-join-cgcc

Global economic rebound to lift Cambodia’s export and investment

The National Bank of Cambodia (NBC)’s Governor Chea Chanto has said that the global economic recovery will support Cambodia’s export and investment sectors, reinforcing its position as a pillar of support for relevant sectors, to boost the national economy into positive growth and sow the ...

Khmer Times Staff
https://www.khmertimeskh.com/50901911/global-economic-rebound-to-lift-cambodias-export-and-investment/

GDT and Japanese embassy hosts virtual discussion with investors

The General Department of Taxation at the Ministry of Economy and Finance and Japanese Embassy to Cambodia held a virtual discussion Monday in conjunction with the Japanese embassy on tax considerations for Japanese investors. ...

Chea Vanyuth
https://www.khmertimeskh.com/50908193/gdt-and-japanese-embassy-hosts-virtual-discussion-with-investors/

NBC: Financial institutions in H1 restructure $5.5 billion in loans

The Kingdom’s banking and financial institutions have restructured 22.2 trillion riel ($5.5 billion) in loans for 367,239 borrowers in the first half of this year, to ease the burden on the public as the ongoing coronavirus outbreak dampens economic activity, according to the National Bank ...

Thou Vireak
https://phnompenhpost.com/business/nbc-financial-institutions-h1-restructure-55-billion-loans

Indigenous people express concern about land rights

International Day of the World’s Indigenous Peoples was celebrated yesterday as indigenous people living in Cambodia expressed their concern about their land rights and economic, cultural, political and natural resources’ rights. ...

Tin Sokhavuth
https://www.khmertimeskh.com/50912600/indigenous-people-express-concern-about-land-rights/

Customs logs nearly $1.16B in first half 2021

The Ministry of Economy and Finance’s General Department of Customs and Excise of Cambodia (GDCE) collected $1.1595 billion in revenue in the first half of 2021, down 8.9 percent year-on-year. ...

Thou Vireak
https://phnompenhpost.com/business/customs-logs-nearly-116b-first-half-2021

Cambodia home to 849 species of moth

Cambodia is home to 849 species of moth, pointed out the Angkor Centre for Conservation of Biodiversity (ACCB) in a Facebook post today on the occasion of the National Moth Week which started on July 17.​ ...

Khmer Times Staff
https://www.khmertimeskh.com/50898002/cambodia-home-to-849-species-of-moth/

Fiscal revenue decreases amid Covid pandemic

Cambodia’s fiscal revenue in the first semester this year dropped, largely because of Covid, officials said. ...

Chea Vanyuth
https://www.khmertimeskh.com/50899017/fiscal-revenue-decreases-amid-covid-pandemic/

Families affected by land dispute with Defense Ministry still wait for compensation

Hundreds of families affected by a land dispute with the Ministry of Defense in Kandal province, are still waiting for compensation and a resolution six weeks after violence broke out. ...

Sorn Sarath
https://cambojanews.com/families-affected-by-land-dispute-with-defense-ministry-still-wait-for-compensation/

VN border draft agreement reviewed by Immigration Dept

The General Department of Immigration reviewed of the draft agreement on border crossings and border management between Cambodia and Vietnam on Tuesday. ...

Yin Soeum
https://www.khmertimeskh.com/50940195/vn-border-draft-agreement-reviewed-by-immigration-dept/

Granting of E-commerce permit or license

On 30 September 2021, the Ministry of Commerce issued a press release on the granting of E-commerce permit or license.Indian Engineering Export Promotion Council (EEPC), a trade and investment promotion organization for the engineering sector, sponsored by Indian Ministry of Commerce & Industry is organizing ...

Ministry of Commerce

Download: pdf

Cambodia provides 200,000 doses of Covid-19 vaccine to Laos to help fight the disease

Cambodia donates 200,000 doses of Covid-19 Sinovac vaccines to Laos to contribute to Laos’ efforts in the fight against this deadly disease. ...

Ry Sochan
https://www.postkhmer.com/national/2021-09-28-1126-224322.html

Consumer protection norms to ensure post-Covid business harmony: minister

Minister of Commerce Pan Sorasak reiterated a called for businesspeople to fulfil their obligations to protect consumers in accordance with the laws and regulations in force and contribute to the shared overarching objectives of harmonisation and sustainable development. ...

Thou Vireak
https://www.phnompenhpost.com/business/consumer-protection-norms-ensure-post-covid-business-harmony-minister

Engineering Export Promotion Council of Indian (EEPC) is organizing “Builder Hardware Expo" in the virtual format

On 22 September 2021, the Ministry of Commerce issued a press release on Engineering Export Promotion Council of Indian (EEPC) is organizing “Builder Hardware Expo” in the virtual format.Engineering Export Promotion Council of Indian (EEPC) is organizing “Builder Hardware Expo” from 05th -08th October, 2021 ...

Ministry of Commerce

Download: pdf

IMF lauds Kingdom’s early-Covid moves

International Monetary Fund (IMF) resident representative for Cambodia Yasuhisa Ojima is optimistic that Cambodia’s economy will see a quick recovery that reflects the “proactive measures” taken by the government to blunt the socio-economic impacts of Covid-19. ...

May Kunmakara
https://www.phnompenhpost.com/business/imf-lauds-kingdoms-early-covid-moves

Study set to pinpoint trade flow bottlenecks at ports

The results of a crucial ongoing study will enable Cambodia to set out a framework of strategies to enhance the efficiency of the trade facilitation environment and the Kingdom’s competitiveness on the international stage, according to General Department of Customs and Excise (GDCE) director-general Kun ...

Hin Pisei
https://www.phnompenhpost.com/business/study-set-pinpoint-trade-flow-bottlenecks-ports

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