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Investments in Kingdom rise by 7 percent in Q1

In the first quarter of 2022, the number of projects approved by the Council for the Development of Cambodia reached 47, an increase of 6.8 percent and the total investment touched $2,520.6 million, an increase of 14.2 percent over the same period in 2021, according ...

Sok Sithika
https://www.khmertimeskh.com/501102954/investments-in-kingdom-rise-by-7-percent-in-q1/

NGO urges end to violence against indigenous women

Indigenous people, especially females, are vulnerable to several forms of violence in addition to being affected by land-related issues, a non-governmental organisation has alleged on the occasion of International Day of the World Indigenous Peoples. ...

Torn Vibol
https://www.khmertimeskh.com/501129169/ngo-urges-end-to-violence-against-indigenous-women/

GDT collects $2,680 million in tax income as of Sept

The General Department of Taxation (GDT) has collected $2,680 million in tax income in three quarters of this year, representing 95 percent of the national budget plan 2022. ...

Chea Vanyuth
https://www.khmertimeskh.com/501159641/gdt-collects-2680-million-in-tax-income-as-of-sept/

GDT’s tax collection target for 2023 up by $750M

The General Department of Taxation (GDT) has been given a stiff tax collection target of $3.5 billion for next year, $750 million more than the current year’s budget target, said Kong Vibol, Minister attached to the Prime Minister and Delegate of the Royal Government in ...

Manoj Mathew
https://www.khmertimeskh.com/501175487/gdts-tax-collection-target-for-2023-up-by-750m/

Cambodia’s adult literacy increases significantly

Literacy rate for the citizens aged 15 years old and above in Cambodia has seen a significant rise, reflecting the government’s successful efforts in eradicating illiteracy rate, said a senior official of the Ministry of Education, Youth, and Sports. ...

Khmer Times Staff
https://www.khmertimeskh.com/501133550/cambodias-adult-literacy-increases-significantly/

CDC & KOICA hold 2022 Annual Policy Dialogue on development cooperation

The Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB/CDC) and the Korea International Cooperation Agency (KOICA) jointly organised here yesterday a 2022 policy dialogue on development cooperation. ...

Khmer Times Staff
https://www.khmertimeskh.com/501187258/cdc-koica-hold-2022-annual-policy-dialogue-on-development-cooperation/

NBC asks financial institutions to be flexible with flood affected borrowers

The National Bank of Cambodia has asked financial institutions to implement flexible measures for borrowers who have been affected by flood, in a bid to ease the burden on financial flow and contribute to restoring families’ economic standards. ...

Chea Vanyuth
https://www.khmertimeskh.com/501170557/nbc-asks-financial-institutions-to-be-flexible-with-flood-affected-borrowers/

Conference throws spotlight on key role of banks

The 9th NBC Annual Macroeconomic Conference 2022 kicked-off today, highlighting how financial institutions, particularly banks, continue to be crucial participants in funding the real economy and supporting recovery. ...

Seng Mengheng
https://kiripost.com/stories/conference-throws-spotlight-on-key-role-of-banks

Despite risks, GDT collection grows 28.62% in 7 months

Tax authorities have collected approximately $2.21 billion of tax revenue — 78.39 percent of the budget law in the first seven months of the year, which soared by 28.62 percent or about $491.29 million compared to the same period last year, said a release by ...

Kang Sothear
https://www.khmertimeskh.com/501133080/despite-risks-gdt-collection-grows-28-62-in-7-months/

Statement from the Federation of Khmer Chinese in Cambodia

On 24 August 2022, the Federation of Khmer Chinese in Cambodia (FKCC) released a statement that disputed international media characterizations of the country as a haven for criminal syndicates. Unofficial translations in English and Khmer are accessible and downloaded in PDF format. ...

Federation of Khmer Chinese in Cambodia

Download: pdf

NBC to take legal action against illegal lenders

The National Bank of Cambodia (NBC) along with other competent authorities are considering taking legal action against firms or individuals operating businesses that go against the banking laws and financial institutions of the Kingdom, NBC announced yesterday. ...

Kang Sothear
https://www.khmertimeskh.com/501140412/nbc-to-take-legal-action-against-illegal-lenders/

Unfinished P Sihanouk building team formed

The government on October 12 set up an inter-institutional commission tasked with resolving the issue of unfinished buildings in Preah Sihanouk province, most of which are owned by Chinese investors. This is according to a Council of Ministers letter issued on the same date addressed to ...

May Kunmakara
https://www.phnompenhpost.com/business/unfinished-p-sihanouk-building-team-formed

Press release on the promotion and protection of women's rights

On 15 February 2023, the Ministry of Women’s Affairs issued a press release on the promotion and protection of women’s rights.The Ministry of Women’s Affairs would like to express its regret and absolutely do not support for all activities that are violent, immoral, and detrimental ...

Ministry of Women's Affairs

Download: pdf

Kampong Speu governor courts investors in Hong Kong

Kampong Speu provincial governor Vei Samnang has pledged to attract more investment to his province. Samnang announced that he would lead a provincial delegation to Hong Kong later this month to discuss business opportunities in the Kampong Speu. ...

Van Socheata
https://www.phnompenhpost.com/business/kampong-speu-governor-courts-investors-hong-kong

Tax system to be updated to make payment easy, evasion tough

The General Department of Taxation (GDT) during a meeting on Tuesday announced a work plan for this year with an emphasis on developing a system that will make paying taxes easy and evasion difficult. ...

Hong Sovannary
https://www.khmertimeskh.com/501255720/tax-system-to-be-updated-to-make-payment-easy-evasion-tough/

GDT earns nearly $540 million in January-February

The General Department of Taxation (GDT) has collected $539 million as tax income in the first two months of this year, representing 15 percent of the national budget plan 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501256139/gdt-earns-nearly-540-million-in-january-february/

Press release on the memorandum of understanding (MoU) on "Cross border payment and remittance cooperation" between the National Bank of Cambodia and NPCI International Payments Limited

On 17 April 2023, the National Bank of Cambodia issued a press release on the memorandum of understanding (MoU) on “Cross border payment and remittance cooperation” between the National Bank of Cambodia and NPCI International Payments Limited.H.E. Dr. Chea Serey, Deputy Governor of the National ...

National Bank of Cambodia

Download: pdf

Cambodia’s trade valued at over $6.8 billion in first two months

The total trade volume between Cambodia and other countries around the world reached more than $6.8 billion in the first two months of 2023, down 21.8 percent when compared to the same period last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501254157/cambodias-trade-valued-at-over-6-8-billion-in-first-two-months/

Cambodia collects $1.9 billion taxes in Q1

Cambodia collected $1.9 billion from all sources of taxes in the first quarter (Q1) of 2023, up 2 percent from nearly $1.86 billion in the same period last year, according to press statements released on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501273079/cambodia-collects-1-9-billion-taxes-in-q1/

33% rise in tax registrations Q1

The General Department of Taxation (GDT) registered 3,566 new businesses in the first quarter of the year, a year-on-year increase of 33 percent, a report said yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501284689/33-rise-in-tax-registrations-q1/

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