Kingdom’s GFT exports grow by 15% in 2022
Cambodia’s exports of garments, footwear and travel (GFT) goods grew by around 15 percent in 2022 compared to the previous year, from $10.99 billion to $12.63 billion, but the total share of the sector declined marginally, according to the latest report on trade by the ...
Manoj Mathew
https://www.khmertimeskh.com/501218056/kingdoms-gft-exports-grow-by-15-in-2022/
GDT intends to simplify tax payments for all businesses
Cambodian taxes can currently be paid at 10 commercial banks, thanks to memorandums of understanding (MoU) signed by the Ministry of Economy and Finance in a bid to improve tax administration efficiency and make life easier for taxpayers, according to a General Department of Taxation ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-intends-simplify-tax-payments-all-businesses
PM appreciates GDT for increased tax collection
Prime Minister Hun Sen lauded the General Department of Taxation (GDT) for its efforts in collecting tax revenue that exceeded the budget plan in 2022, adding that the increased tax revenue contributed to the national economic development. ...
Chea Vanyuth
https://www.khmertimeskh.com/501230997/pm-appreciates-gdt-for-increased-tax-collection/
$3.4b collected in taxes in 2022
A total of $3.4 billion was collected in taxes in 2022, marking a 23.96 percent increase from 2021. ...
Seng Mengheng
https://kiripost.com/stories/cambodia-34b-collected-in-taxes-in-2022
Kingdom, Thailand to strengthen ties in vocational training
Cambodia and Thailand yesterday agreed to further strengthen cooperation in the field of employment and vocational training. ...
Manoj Mathew
https://www.khmertimeskh.com/501336647/kingdom-thailand-to-strengthen-ties-in-vocational-training/
US ambassador commits to ties with Cambodia
The United States is scheduled to sign a Memorandum of Understanding (MoU) with the Ministry of Culture and Fine Arts later this month in an effort to protect and restore Khmer culture, a move said to help the tourism sector’s rebound after being hit hard ...
Prak Chan Thul
https://kiripost.com/stories/us-ambassador-commits-to-ties-with-cambodia
Ranger Station set ablaze by local villagers
In an unusual turn of events, over 350 people in the village and commune of Sre Chis in O’Krieng Senchey district, Kratie province, have damaged a ranger station. The incident occurred on August 5, with no casualties reported. ...
Long Kimmarita
https://www.phnompenhpost.com/national/ranger-station-set-ablaze-local-villagers
Cambodia’s electrical exports rise to $1.4 billion in 1H
Cambodia exported $1.4 billion worth of electrical equipment and electronic components in the first half of 2023, a 1.3-fold increase year-on-year, according to the National Bank of Cambodia’s report. ...
Chea Vanyuth
https://www.khmertimeskh.com/501335905/cambodias-electrical-exports-rise-to-1-4-billion-in-1h/
Roles of Deputy Prime Ministers farmed out
The new government has outlined the job responsibilities and division of responsibilities of the Prime Minister, Deputy Prime Minister and Senior Minister in charge of special missions to ensure efficient governance. ...
Torn Vibol
https://www.khmertimeskh.com/501348056/roles-of-deputy-prime-ministers-farmed-out/
World leaders share best wishes with Hun Manet
World leaders have been quick to convey their congratulations to Hun Manet as he took the reins as Prime Minister of Cambodia on August 22. ...
Neang Sokunthea
https://www.phnompenhpost.com/national/world-leaders-share-best-wishes-hun-manet
Cambodia’s international trade recorded at almost $32 billion in first eight months
The total trade volume between Cambodia and its partners around the world reached almost $32 billion in the first eight months of 2023, down 14.5 percent compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501359286/cambodias-international-trade-recorded-at-almost-32-billion-in-first-eight-months/
Tax collection to exceed budget plan this year
The General Department of Taxation’s (GDT’s) tax collection in the first seven months of this year reached 64 percent of the budget plan for 2023, indicating that the collection will exceed the target by the end of the year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501359504/tax-collection-to-exceed-budget-plan-this-year/
NBC to intervene in foreign exchange market
The National Bank of Cambodia (NBC) will intervene in the currencies market in response to slower demand for riel and appreciation of the US dollar in the international foreign exchange market, an NBC release said. ...
Kang Sothear
https://www.khmertimeskh.com/501351238/nbc-to-intervene-in-foreign-exchange-market/
New foreign minister all set to pursue predecessor’s reforms
Cambodia’s new foreign minister Sok Chenda Sophea, who is former secretary-general of the Council for the Development of Cambodia (CDC), pledges to complete the implementation of reforms introduced by his predecessor Prak Sokhonn. ...
Van Socheata
https://www.phnompenhpost.com/national-politics/new-foreign-minister-all-set-pursue-predecessors-reforms
SERC ensuring investors in the securities sector are protected
Investor protection is a top priority for the Securities and Exchange Regulator of Cambodia (SERC) – the authority in charge of monitoring, supervising and developing the sector in the Kingdom – one the body places the greatest importance. ...
Phnom Penh Post Staff
https://www.phnompenhpost.com/banking-securities-business/serc-ensuring-investors-securities-sector-are-protected
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. ...
Hin Pisei
https://www.phnompenhpost.com/business/e-commerce-tax-earnings-hit-522m-first-8-months
Cambodia and China sign protocol of Phytosanitary requirements for fresh coconut export
Cambodia and China have recently signed a protocol of phytosanitary requirements to export fresh coconuts from Cambodia to China. ...
Khmer Times Staff
https://www.khmertimeskh.com/501363745/cambodia-and-china-sign-protocol-of-phytosanitary-requirements-for-fresh-coconut-export/
Exports to S Korea help reduce current trade deficit: pundit
Trade between Cambodia and South Korea reached nearly $504 million in the first eight months of 2023, marking an 8.4 per cent decline over the same period last year, according to the General Department of Customs and Excise (GDCE). Despite this, Cambodian exports surged by ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-s-korea-help-reduce-current-trade-deficit-pundit
Gasoline price remains stable at 4,600 riel per litre
The Ministry of Commerce on Sep 11, announced that the price of gasoline would remain the same for the next 10 days. The price of gasoline is 4,600 riel per litre, while the price of diesel is 4,750 riel per litre from September 11 to ...
Khmer Times Staff
https://www.khmertimeskh.com/501358408/gasoline-price-remains-stable-at-4600-riel-per-litre/
Cambodia imports oil, and gas products worth $2.28 billion in the first eight months of the year
Cambodia’s imports of oil and gas products totaled $2.28 billion during the January-August period this year, down 9.5 percent from last year, according to a report from the General Department of Customs and Excise on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501362703/cambodia-imports-oil-and-gas-products-worth-2-28-billion-in-the-first-eight-months-of-the-year/
