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New ‘Taxation Law’ a shot in the arm for taxpayers

The new Taxation Law encompassing the earlier provisions of the taxation law (1997), annual budget laws of the Kingdom of Cambodia time and decrees and codes of the People’s Republic of Kampuchea (PRK) and the State of Cambodia (SOC) is seen as  simple, flexible and ...

Kang Sothear
https://www.khmertimeskh.com/501302182/new-taxation-law-a-shot-in-the-arm-for-taxpayers/

Kantha Bopha treats over 70,000 kids so far this year

KANTHA Bopha Hospital treated 74,975 seriously ill children  admitted to the hospital from January until the end of May this year, an increase of 108% over the past year. ...

Hang Punreay
https://www.khmertimeskh.com/501302763/kantha-bopha-treats-over-70000-kids-so-far-this-year/

China, Vietnam, Thai markets make up 70% of Cambodia’s imports

Mainland China, Vietnam and Thailand accounted for $7.259 billion or 71.81 per cent of Cambodia’s total goods imports in the first five months of 2023, which amounted to $10.109 billion, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/china-vietnam-thai-markets-make-70-cambodias-imports

Cambodia’s H1 export of Chapter 94 items down 30%

Cambodia earned $369.643 million from the export of “furniture, lighting signs, prefabricated buildings” in the first half (H1) of 2023, down 29.67 per cent from $525.591 million in 2022H1 and down nearly 12.5 per cent from $422.67 million in 2022H2, according to provisional Customs (GDCE) ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodias-h1-export-chapter-94-items-down-30

Classroom ban introduced on electronic devices

Authorities have issued a blanket ban on the use of electronic devices, including smartphones, in public schools nationwide as part of a move to improve the efficiency of education. ...

Meas Molika
https://kiripost.com/stories/cambodia-classroom-ban-introduced-on-electronic-devices

Ministry bans use of mobile phones, electronic devices in classrooms

The Ministry of Education, Youth and Sport has announced a ban on the use of mobile phones and electronic devices in classrooms and during school hours unless they are used for teaching activities. ...

Buth Reaksmey Kongkea
https://www.khmertimeskh.com/501381347/ministry-bans-use-of-mobile-phones-electronic-devices-in-classrooms/

Cashew processing plants set to expand exports

Two internationally-backed cashew processing plants are slated to begin operating in Kampong Thom province, with a potential export manufacturing capacity of more than 20,000 tonnes per year. ...

Van Socheata
https://www.phnompenhpost.com/national/cashew-processing-plants-set-to-expand-exports

Nation nears tax collection target amid challenges

The government has amassed over $3 billion in taxes during the first ten months of 2023, reaching 85.87% of the target set by the 2023 Law on Financial Management. ...

Samban Chandara
https://www.phnompenhpost.com/national/nation-nears-tax-collection-target-amid-challenges

Kon Tum strengthens cooperation with Cambodia’s Ratanakiri province

Leaders of the Central Highlands province of Kon Tum and Cambodia’s Ratanakiri province on October 19 signed a memorandum of understanding on bilateral cooperation for the 2023-2028 period. ...

Khmer Times Staff
https://www.khmertimeskh.com/501379998/kon-tum-strengthens-cooperation-with-cambodias-ratanakiri-province-2/

GDT eyes over $4 billion in tax revenue next year, says Vibol

The General Department of Taxation (GDT) is targeting $4.162 billion in 2024, which is a 20 percent increase from the target set for the current year, according to Kong Vibol, Minister Attached to the Prime Minister and Delegate of the Royal Government In-Charge as Director-General ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501407307/gdt-eyes-over-4-billion-in-tax-revenue-next-year-says-vibol/

Cambodia earns $790 million from rubber article exports

Cambodia earned $789.75 million from the exports of rubber and articles made of rubber in the January to November period of 2023, recording an increase of 74.5 percent compared to the same period last year, according to the latest trade data of the General Department ...

Manoj Mathew
https://www.khmertimeskh.com/501416422/cambodia-earns-790-million-from-rubber-article-exports/

Cambodia imports oil products worth $2.17 bln in 2023

Cambodia’s imports of diesel fuel and petroleum oil declined by 7.6 percent in 2023, according to a report from the General Department of Customs and Excise on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501423161/cambodia-imports-oil-products-worth-2-17-bln-in-2023/

Cambodia’s garments and agricultural products continue to drive export growth

Cambodia’s export sector has demonstrated resilience, with a slight increase of 1.2 percent in exports during the first 11 months of 2023. According to a report released by the General Department of Customs and Excise, the country exported goods worth $20.5 billion, compared to $20.24 ...

Khmer Times Staff
https://www.khmertimeskh.com/501406845/cambodias-garments-and-agricultural-products-continue-to-drive-export-growth/

BOC Phnom Penh Branch authorized as RMB clearing bank

China’s central bank announced on Monday that it has authorized the Bank of China (BOC) Phnom Penh Branch to be the clearing bank for renminbi (RMB) business in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501406842/boc-phnom-penh-branch-authorized-as-rmb-clearing-bank/

Increased iron, steel imports hint at construction sector revival

Cambodia imported iron and steel worth close to $168 million in the first four months of 2024, the General Department of Customs and Excise (GDCE) reported recently. ...

James Whitehead
https://www.khmertimeskh.com/501504480/increased-iron-steel-imports-hint-at-construction-sector-revival/

Statement by Coalition of Cambodian Apparel Workers Democratic Union's perspectives on the report on freedom of association in the Garment, Footwear and Travel Products Sector in Cambodia by Central (in collaboration with C.CAWDU and CATU)

On 06 June 2024, Coalition of Cambodian Apparel Workers Democratic Union (CCAWU) issued a statement of their perspective on the report on freedom of association in the Garment, Footwear and Travel Products Sector in Cambodia by Central (in collaboration with C.CAWDU and CATU) on their ...

Coalition of Cambodian Apparel Workers Democratic Union

Download: pdf

MoC, NBC push for riel price tags

The Ministry of Commerce and the National Bank of Cambodia (NBC) recently held a high-level meeting to discuss strategies to encourage the use of Khmer Riel and decided to promote price tag labelling in national currency as an important step. ...

Chea Vanyuth
https://www.khmertimeskh.com/501495175/moc-nbc-push-for-riel-price-tags/

GDT tax collection falls in Q1

The General Department of Taxation (GDT) collected taxes totalling $1.18 billion during the January-March period this year, down 11.9 percent from $1.34 billion collected in the first quarter of 2023. ...

Chea Vanyuth
https://www.khmertimeskh.com/501493907/gdt-tax-collection-falls-in-q1/

Cambodia’s insurance industry sees slight growth in first 5 months of 2024

An Insurance Regulator of Cambodia (IRC) report showed on Monday that Cambodia’s insurance industry recorded a gross premium of $150 million in the first five months of 2024, up 1.2 percent from $148.1 million over the same period in 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501511655/cambodias-insurance-industry-sees-slight-growth-in-first-5-months-of-2024/

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