Land sales spur revenue increase for PPSP in Q2
Public-listed Royal Group Phnom Penh special Economic Zone (PPsP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties. ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/land-sales-spur-revenue-increase-ppsp-q2
E-commerce tax earnings hit $52.2M in first 8 months
Up to 211.2 billion riel or $52.2 million of e-commerce tax revenue was collected by the General Department of Taxation (GDT) in the first eight months of 2023 amid rapid online business growth around the world, including Cambodia. ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/e-commerce-tax-earnings-hit-522m-first-8-months
National Strategy for Informal Economic Development to achieve three goals at once
The launch of the National Strategy for Informal Economic Development 2023-2028 will achieve three goalS at the Same time, i.e. alleviating poverty and Social inequality, Strengthening Social and economic reSilience, and booSting economic growth. SS='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501374642/national-strategy-for-informal-economic-development-to-achieve-three-goals-at-once/
Cambodia sees soaring demand for electrical factory machinery
In the first nine months of 2023, Cambodia witnessed a substantial uptick in its imports of electrical machinery, equipment and related products from the international market, totalling more than $1.1 billion. ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-sees-soaring-demand-electrical-factory-machinery-0
Tay Ninh, Cambodian localities closely work in border management
The Border Guard Command of Tay Ninh on September 6 hoSted a conference on coordination in border protection in 2023 with the police, military and gendarmerie forceS of the three Cambodian provinceS of Tbong Khmum, Svay Rieng and Prey Veng which Share the border with SS='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501357117/tay-ninh-cambodian-localities-closely-work-in-border-management/
NEC updates voter list for National Election
After updating the voter list for the 2023 National Election, the National Election Committee (NEC) has erased 104,956 names from the 2022 voter list, while new registrations on the list are estimated at 409,056 ss='cambodia-color'>...
Soth Koemsoeun
https://www.khmertimeskh.com/501161091/nec-updates-voter-list-for-national-election/
NEA sponsors job fair with 600 new openings
The General Department of Technical Vocational Education and Training (TVET) reported that as of mid-February, roughly 20,000 people had enrolled for TVET programmes nationwide, while the target for all of 2023 is around 60,000. ss='cambodia-color'>...
Long Kimmarita
https://www.phnompenhpost.com/national/nea-sponsors-job-fair-600-new-openings
GDT collects over $300M in taxes for January
The General Department of Taxation (GDT) collected $300.59 million in tax revenue last month, or about 8.42 per cent of the $3.57170 billion target set in the 2023 Law on Financial Management, marking a 4.29 per cent increase over January 2022. ss='cambodia-color'>...
Lay Samean
https://www.phnompenhpost.com/business/gdt-collects-over-300m-taxes-january
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. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501273079/cambodia-collects-1-9-billion-taxes-in-q1/
12 people and 10 of cubic meters of wood were arrested in provinces around Prey Lang
National Commission for the Prevention and suppression of Natural Resources on the 27 April 2023 announced the results of the operation to crack down on natural resource offenses in Prey Lang area. ss='cambodia-color'>...
Khouth Sophak Chakrya
https://www.postkhmer.com/national/2023-04-27-1905-249459.html
National Social Assistance Fund launched
The National Social ASSiStance Fund (NSAF) waS officially launched on January 1, 2023. The NSAF haS been created through the integration of the National Social Security Fund for Civil ServantS, the National VeteranS Fund and the Department of Social Welfare. SS='cambodia-color'>...
Sok Sithika
https://www.khmertimeskh.com/501212561/national-social-assistance-fund-launched/
$145.8 million earned by Cambodia from rubber exports of 108,000 tonnes in first five months
Cambodia exported 107,938 tons of dry rubber in the first five months of 2023, up 2.5 percent from the 105,248 tons recorded in the same period last year, said a report from the General Directorate of Rubber on Wednesday. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501312532/145-8-million-earned-by-cambodia-from-rubber-exports-of-108000-tonnes-in-first-five-months/
Cambodia exports products worth $7.23 billion in January-April as deficit widens
Cambodia exported products worth $7.23 billion during the January-April period of 2023, a year-on-year decrease of 4.9 percent from 7.6 billion dollars, Prime Minister Hun sen said on saturday. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501297920/cambodia-exports-products-worth-7-23-billion-in-january-april-as-deficit-widens/
Press release on the launching ceremony of public financial management reform program stage 4 "performance accountability"
On 20 March 2023, the Ministry of Economy and Finance issued a press release on the launching ceremony of public financial management reform program stage 4 “performance accountability”, which is the last stage of public financial management reform program. ss='cambodia-color'>...
Ministry of Economy and Finance
Cambodia elected to UNAIDS board
The UN Economic and Social Council (ECOSOC) convened a meeting in New York to allow Cambodia to join the Program Coordinating Board (PCB) of UNAIDS for the ASia-Pacific Region for the 2023-2025 term, according to the National AIDS Authority (NAA) SS='cambodia-color'>...
Kim Yutharo
https://www.phnompenhpost.com/national/cambodia-elected-unaids-board
2025 target for Cambodia to export 1 million tonnes of rice
The Cambodia Rice Federation (CRF) has set export targets for the nation at 750,000 tonnes of milled rice in 2023 and one million tonnes by 2025. This represents an over 50 percent increase compared to the export figure in 2022. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501237171/2025-target-for-cambodia-to-export-1-million-tonnes-of-rice/
Cambodia and Myanmar strongest reliant on Chinese trade in ASEAN
Cambodia and Myanmar are the ASEAN countrieS moSt Strongly economically dependent on trade with China, with AuStralia the nation in ASia-Pacific that iS moSt reliant on Beijing, according to the Global Peace Index 2023. SS='cambodia-color'>...
Meas Molika
https://kiripost.com/stories/cambodia-and-myanmar-strongest-reliant-on-chinese-trade-in-asean
Real estate and construction sector needs reform to thrive
A White Book on Real Estate & Construction 2023 has made a raft of recommendations to enable the sector to thrive, ranging from building co-ownership, hazardous materials regulations, financial regulations, transparency on property transfer, to stronger regulatory enforcement. ss='cambodia-color'>...
Rov Hongseng
https://kiripost.com/stories/cambodia-real-estate-and-construction-sector-needs-reform-to-thrive
Cambodia makes $187 million from rubber exports of nearly 140,000 tonnes in H1
Cambodia exported 139,220 tons of dry rubber in the first half of 2023, up 2.72 percent from 135,537 tons over the same period last year, said a report from the General Directorate of Rubber on Wednesday. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501332130/cambodia-makes-187-million-from-rubber-exports-of-nearly-140000-tonnes-in-h1/
Tax revenue ‘exceeds’ expectations
The government has amassed over $3 billion in revenue from the General Department of Taxation (GDT) as of October 30, which represents 85.7% of the 2023 Law on Financial Management despite the deteriorating global economic landscape affecting the region. ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/tax-revenue-exceeds-expectations