Special tariffs cut to boost auto sales
From early next month, the special tariffs on imported family vehicles will be reduced by 10 to 25 percent according to engine size, according to an announcement from the General Department of Custom and Excise. ...
Sok Chan
https://www.khmertimeskh.com/50816772/special-tariffs-cut-to-boost-auto-sales/
Two new investment projects approved by CDC
The Council for the Development of Cambodia (CDC) has issued investment certificates to Fu Bi Xing (Cambodia) Packaging Co., Ltd and Sheng He Leisure Bag (Cambodia) Co., Ltd for the production of travel bags and goods in the Kingdom. ...
Gareth Johnson
https://www.khmertimeskh.com/50864368/two-new-investment-projects-approved-by-cdc/
Development council approves electric bike plant and rain gear investments
The Council for the Development of Cambodia (CDC) yesterday approved two new projects worth $5.6 million that will create nearly 1,500 new jobs. ...
Khmer Times Staff
https://www.khmertimeskh.com/50849071/development-council-approves-electric-bike-plant-and-rain-gear-investments/
Remittances fall 17% to $1.2B in 2020: NBC data
Cambodia received $1.2 billion in remittances from migrant workers abroad last year, marking a sharp 17 per cent drop from $1.5 billion in 2019, the National Bank of Cambodia reported. ...
May Kunmakara
https://www.phnompenhpost.com/business/remittances-fall-17-12b-2020-nbc-data
Seven more financial institutions join CGCC
Seven financial institutions (FI) on June 29 signed a credit guarantee agreement with government-owned Credit Guarantee Corporation of Cambodia (CGCC) to provide more business loans in an effort to contribute to economic activities amid the ongoing Covid-19 health crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/seven-more-financial-institutions-join-cgcc
Global economic rebound to lift Cambodia’s export and investment
The National Bank of Cambodia (NBC)’s Governor Chea Chanto has said that the global economic recovery will support Cambodia’s export and investment sectors, reinforcing its position as a pillar of support for relevant sectors, to boost the national economy into positive growth and sow the ...
Khmer Times Staff
https://www.khmertimeskh.com/50901911/global-economic-rebound-to-lift-cambodias-export-and-investment/
Cambodia has close to $21 billion in international reserves, securing macroeconomic stability
Cambodia’s international reserves remain as high as $20.8 billion, while the banking sector stays healthy amid the threat of COVID-19 pandemic. ...
Khmer Times Staff
https://www.khmertimeskh.com/50903507/cambodia-has-close-to-21-billion-in-international-reserves-securing-macroeconomic-stability/
GDT and Japanese embassy hosts virtual discussion with investors
The General Department of Taxation at the Ministry of Economy and Finance and Japanese Embassy to Cambodia held a virtual discussion Monday in conjunction with the Japanese embassy on tax considerations for Japanese investors. ...
Chea Vanyuth
https://www.khmertimeskh.com/50908193/gdt-and-japanese-embassy-hosts-virtual-discussion-with-investors/
$5 mil grant by MVL Foundation for education development
MVL Foundation Limited has allocated a $5 million grant for the development of education, the establishment of schools, and charity in Cambodia. ...
Sen David
https://www.khmertimeskh.com/50916444/5-mil-grant-by-mvl-foundation-for-education-development/
NBC: Financial institutions in H1 restructure $5.5 billion in loans
The Kingdom’s banking and financial institutions have restructured 22.2 trillion riel ($5.5 billion) in loans for 367,239 borrowers in the first half of this year, to ease the burden on the public as the ongoing coronavirus outbreak dampens economic activity, according to the National Bank ...
Thou Vireak
https://phnompenhpost.com/business/nbc-financial-institutions-h1-restructure-55-billion-loans
Indigenous people express concern about land rights
International Day of the World’s Indigenous Peoples was celebrated yesterday as indigenous people living in Cambodia expressed their concern about their land rights and economic, cultural, political and natural resources’ rights. ...
Tin Sokhavuth
https://www.khmertimeskh.com/50912600/indigenous-people-express-concern-about-land-rights/
Customs logs nearly $1.16B in first half 2021
The Ministry of Economy and Finance’s General Department of Customs and Excise of Cambodia (GDCE) collected $1.1595 billion in revenue in the first half of 2021, down 8.9 percent year-on-year. ...
Thou Vireak
https://phnompenhpost.com/business/customs-logs-nearly-116b-first-half-2021
Cambodia home to 849 species of moth
Cambodia is home to 849 species of moth, pointed out the Angkor Centre for Conservation of Biodiversity (ACCB) in a Facebook post today on the occasion of the National Moth Week which started on July 17. ...
Khmer Times Staff
https://www.khmertimeskh.com/50898002/cambodia-home-to-849-species-of-moth/
Fiscal revenue decreases amid Covid pandemic
Cambodia’s fiscal revenue in the first semester this year dropped, largely because of Covid, officials said. ...
Chea Vanyuth
https://www.khmertimeskh.com/50899017/fiscal-revenue-decreases-amid-covid-pandemic/
Families affected by land dispute with Defense Ministry still wait for compensation
Hundreds of families affected by a land dispute with the Ministry of Defense in Kandal province, are still waiting for compensation and a resolution six weeks after violence broke out. ...
Sorn Sarath
https://cambojanews.com/families-affected-by-land-dispute-with-defense-ministry-still-wait-for-compensation/
VN border draft agreement reviewed by Immigration Dept
The General Department of Immigration reviewed of the draft agreement on border crossings and border management between Cambodia and Vietnam on Tuesday. ...
Yin Soeum
https://www.khmertimeskh.com/50940195/vn-border-draft-agreement-reviewed-by-immigration-dept/
Granting of E-commerce permit or license
On 30 September 2021, the Ministry of Commerce issued a press release on the granting of E-commerce permit or license.Indian Engineering Export Promotion Council (EEPC), a trade and investment promotion organization for the engineering sector, sponsored by Indian Ministry of Commerce & Industry is organizing ...
Ministry of Commerce
Cambodia provides 200,000 doses of Covid-19 vaccine to Laos to help fight the disease
Cambodia donates 200,000 doses of Covid-19 Sinovac vaccines to Laos to contribute to Laos’ efforts in the fight against this deadly disease. ...
Ry Sochan
https://www.postkhmer.com/national/2021-09-28-1126-224322.html
Consumer protection norms to ensure post-Covid business harmony: minister
Minister of Commerce Pan Sorasak reiterated a called for businesspeople to fulfil their obligations to protect consumers in accordance with the laws and regulations in force and contribute to the shared overarching objectives of harmonisation and sustainable development. ...
Thou Vireak
https://www.phnompenhpost.com/business/consumer-protection-norms-ensure-post-covid-business-harmony-minister
Engineering Export Promotion Council of Indian (EEPC) is organizing “Builder Hardware Expo" in the virtual format
On 22 September 2021, the Ministry of Commerce issued a press release on Engineering Export Promotion Council of Indian (EEPC) is organizing “Builder Hardware Expo” in the virtual format.Engineering Export Promotion Council of Indian (EEPC) is organizing “Builder Hardware Expo” from 05th -08th October, 2021 ...
Ministry of Commerce
