Microfinance sector provided $5.12B loans to 1.57M clients in 2023
The microfinance sector has provided a credit sum of $5.12 billion to 1.57 million clients, an average of $3,260 per account last year, creating direct employment for 21,567 people nationwide with a business network of 904 offices. ...
Nhean Chamrong
https://www.khmertimeskh.com/501440074/microfinance-sector-provided-5-12b-loans-to-1-57m-clients-in-2023/
Gov’t launches revenue strategy
The government launched the Revenue Mobilisation Strategy 2019-2023 on Thursday. The 77-page book details key strategies such as modernisation of the General Department of Taxation’s (GDT) fiscal revenue system in response to the increasing demand for service quality, social equity guarantee and sustainability of revenue ...
Thou Vireak
https://www.phnompenhpost.com/business/govt-launches-revenue-strategy
Cambodia earns nearly $21 million in taxes from e-commerce
Cambodia’s General Department of Taxation (GDT) made e-commerce value-added tax (VAT) income of $20.9 million from the operations of electronic goods and services in the first quarter of 2023, a GDT report said on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501278795/cambodia-earns-nearly-21-million-in-taxes-from-e-commerce/
Cambodia’s economy to grow 5.1% in 2022
Cambodian economy will grow at 5.1 percent this year and 6.2 percent in 2023, according to the Ministry of Economy and Finance. ...
Sok Sithika
https://www.khmertimeskh.com/501077937/cambodias-economy-to-grow-5-1-in-2022/
Cambodian traders, importers to take part in Delhi Fair
The Ministry of Commerce invited traders, importers and the public to the 56th Indian Handicrafts & Gifts Fair (IHGF) Delhi Fair (Autumn) 2023 in October. ...
Adur Pradeep
https://www.khmertimeskh.com/501340231/cambodian-traders-importers-to-take-part-in-delhi-fair/
Pakistan eager to boost trade, investment relations with ASEAN
A five-member delegation from Cambodia attended the ASEAN-Pakistan Business Opportunities Conference 2023, which concluded in Lahore, Pakistan, on Friday. ...
Adur Pradeep
https://www.khmertimeskh.com/501342387/pakistan-eager-to-boost-trade-investment-relations-with-asean/
Financial Technology takes center stage in Cambodia’s economic growth plan
Cambodia has unveiled its Financial Technology (Fintech) Development Policy 2023-2028, aiming to enhance financial inclusion, maintain financial stability, and promote innovation. ...
Khmer Times Staff
https://www.khmertimeskh.com/501371701/financial-technology-takes-center-stage-in-cambodias-economic-growth-plan/
Phnom Penh-Bavet Expressway construction to start next year
Senior Minister Sun Chanthol, Minister of Public Works and Transport, announced that the construction of the Phnom Penh-Bavet Expressway will begin on 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501182004/phnom-penh-bavet-expressway-construction-to-start-next-year/
Mekong tourism forum held in Cambodia’s coastal city of Sihanoukville
The Mekong Tourism Forum 2023 kicked off Wednesday in Cambodia’s southwestern port city of Sihanoukville, attracting some 250 delegates from 19 countries and regions. ...
Khmer Times Staff
https://www.khmertimeskh.com/501280430/mekong-tourism-forum-held-in-cambodias-coastal-city-of-sihanoukville/
PM Hun Sen shares eight recommendations for the successful implementation of the PFMRP Phase IV
Prime Minister Hun Sen shared eight key recommendations in order to successfully implement the Public Financial Management Reform Program (PFMRP) Phase IV (2023-2027). ...
Khmer Times Staff
https://www.khmertimeskh.com/501258979/pm-hun-sen-shares-eight-recommendations-for-the-successful-implementation-of-the-pfmrp-phase-iv/
Cambodia receives nearly half million Chinese tourists in 11 months
Cambodia attracted 498,250 Chinese visitors during the first 11 months of 2023, said a report from the Ministry of Tourism released on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501412959/cambodia-receives-nearly-half-million-chinese-tourists-in-11-months/
December taxes fall by 10.3%
The General Department of Customs and Excise collected approximately $201.4 million of tax revenue in December 2023, which was less than the planned 12.25 percent target. ...
Mao Sreypich
https://kiripost.com/stories/december-taxes-fall-by-103
NSSF’s health provision with one million cases in first quarter of 2023
According to the National Social Security Fund (NSSF), members had access to medical treatment and care services at partner hospitals, with more than one million cases in the first quarter of this year, an increase of more than 30% compared to the same period last ...
MLC Special Fund 2023 pumps $2m into nine Cambodian projects
An agreement will be be signed between Cambodia and China to pump $2 million into nine projects to create greater impact in transport and logistics, information system, food security, research, capacity building, and cultural conservation. ...
Thay Thanit
https://kiripost.com/stories/mlc-special-fund-2023-pumps-2m-into-nine-cambodian-projects
Voter’s registration to open from October 1 to 19
The National Election Committee will hold voter registration from October 1 to 19 in preparation for the 2022 commune and 2023 national elections. ...
Va Sonyka
https://www.khmertimeskh.com/50745456/voters-registration-to-open-from-october-1-to-19/
Ministry planning Q&A live stream
Minister of Public Works and Transport Sun Chanthol announced that his ministry will launch a live stream broadcast on Facebook called the “MPWT Live Show” and the topic of the presentation will be “Road Infrastructure Achievements: 2018-2021 and Planning 2021-2023”. ...
Long Kimmarita
https://www.phnompenhpost.com/national/ministry-planning-qa-live-stream
Credit guarantees to SMEs reach nearly $140 million
The Credit Guarantee Corporation of Cambodia (CGCC) provided credit guarantees of $139.5 million to businesses for their working capital expansion as of July 2023. ...
Chea Vanyuth
https://www.khmertimeskh.com/501346090/credit-guarantees-to-smes-reach-nearly-140-million/
Vietnam congratulates Cambodia on the establishment of 7th-tenure NA, Government
Vietnamese leaders on August 22 extended congratulations to their Cambodian counterparts on the occasion of the establishment of the 7th-tenure National Assembly (NA) and Government (2023-2028). ...
Khmer Times Staff
https://www.khmertimeskh.com/501347776/vietnam-congratulates-cambodia-on-the-establishment-of-7th-tenure-na-government/
UK’s DCTS could benefit Cambodia’s travel goods export, GMAC counters
The United Kingdom recently came out with a few more details of the proposed revamp of its Generalised Scheme of Preferences (GSP)—to be rolled out in early 2023—which reportedly suggests the revision could benefit more Cambodian garment and textile commodities, especially travel goods. ...
Khmer Times Staff
https://www.khmertimeskh.com/501138634/uks-dcts-could-benefit-cambodias-travel-goods-export-gmac-counters/
Cambodia’s apparel exports to South Korea up 14% to $191 million in 2022
Cambodia’s trade balance with South Korea has improved in the first quarter of 2023, with decreased imports and higher apparel exports. ...
Khmer Times Staff
https://www.khmertimeskh.com/501277051/cambodias-apparel-exports-to-south-korea-up-14-to-191-million-in-2022/
