NBC asks financial institutions to be flexible with flood affected borrowers
The National Bank of Cambodia has asked financial institutions to implement flexible measures for borrowers who have been affected by flood, in a bid to ease the burden on financial flow and contribute to restoring families’ economic standards. ...
Chea Vanyuth
https://www.khmertimeskh.com/501170557/nbc-asks-financial-institutions-to-be-flexible-with-flood-affected-borrowers/
Conference throws spotlight on key role of banks
The 9th NBC Annual Macroeconomic Conference 2022 kicked-off today, highlighting how financial institutions, particularly banks, continue to be crucial participants in funding the real economy and supporting recovery. ...
Seng Mengheng
https://kiripost.com/stories/conference-throws-spotlight-on-key-role-of-banks
Despite risks, GDT collection grows 28.62% in 7 months
Tax authorities have collected approximately $2.21 billion of tax revenue — 78.39 percent of the budget law in the first seven months of the year, which soared by 28.62 percent or about $491.29 million compared to the same period last year, said a release by ...
Kang Sothear
https://www.khmertimeskh.com/501133080/despite-risks-gdt-collection-grows-28-62-in-7-months/
Statement from the Federation of Khmer Chinese in Cambodia
On 24 August 2022, the Federation of Khmer Chinese in Cambodia (FKCC) released a statement that disputed international media characterizations of the country as a haven for criminal syndicates. Unofficial translations in English and Khmer are accessible and downloaded in PDF format. ...
Federation of Khmer Chinese in Cambodia
NBC to take legal action against illegal lenders
The National Bank of Cambodia (NBC) along with other competent authorities are considering taking legal action against firms or individuals operating businesses that go against the banking laws and financial institutions of the Kingdom, NBC announced yesterday. ...
Kang Sothear
https://www.khmertimeskh.com/501140412/nbc-to-take-legal-action-against-illegal-lenders/
Unfinished P Sihanouk building team formed
The government on October 12 set up an inter-institutional commission tasked with resolving the issue of unfinished buildings in Preah Sihanouk province, most of which are owned by Chinese investors. This is according to a Council of Ministers letter issued on the same date addressed to ...
May Kunmakara
https://www.phnompenhpost.com/business/unfinished-p-sihanouk-building-team-formed
Press release on the promotion and protection of women's rights
On 15 February 2023, the Ministry of Women’s Affairs issued a press release on the promotion and protection of women’s rights.The Ministry of Women’s Affairs would like to express its regret and absolutely do not support for all activities that are violent, immoral, and detrimental ...
Ministry of Women's Affairs
Kampong Speu governor courts investors in Hong Kong
Kampong Speu provincial governor Vei Samnang has pledged to attract more investment to his province. Samnang announced that he would lead a provincial delegation to Hong Kong later this month to discuss business opportunities in the Kampong Speu. ...
Van Socheata
https://www.phnompenhpost.com/business/kampong-speu-governor-courts-investors-hong-kong
Tax system to be updated to make payment easy, evasion tough
The General Department of Taxation (GDT) during a meeting on Tuesday announced a work plan for this year with an emphasis on developing a system that will make paying taxes easy and evasion difficult. ...
Hong Sovannary
https://www.khmertimeskh.com/501255720/tax-system-to-be-updated-to-make-payment-easy-evasion-tough/
GDT earns nearly $540 million in January-February
The General Department of Taxation (GDT) has collected $539 million as tax income in the first two months of this year, representing 15 percent of the national budget plan 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501256139/gdt-earns-nearly-540-million-in-january-february/
Press release on the memorandum of understanding (MoU) on "Cross border payment and remittance cooperation" between the National Bank of Cambodia and NPCI International Payments Limited
On 17 April 2023, the National Bank of Cambodia issued a press release on the memorandum of understanding (MoU) on “Cross border payment and remittance cooperation” between the National Bank of Cambodia and NPCI International Payments Limited.H.E. Dr. Chea Serey, Deputy Governor of the National ...
National Bank of Cambodia
Cambodia’s trade valued at over $6.8 billion in first two months
The total trade volume between Cambodia and other countries around the world reached more than $6.8 billion in the first two months of 2023, down 21.8 percent when compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501254157/cambodias-trade-valued-at-over-6-8-billion-in-first-two-months/
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. ...
Khmer Times Staff
https://www.khmertimeskh.com/501273079/cambodia-collects-1-9-billion-taxes-in-q1/
33% rise in tax registrations Q1
The General Department of Taxation (GDT) registered 3,566 new businesses in the first quarter of the year, a year-on-year increase of 33 percent, a report said yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501284689/33-rise-in-tax-registrations-q1/
Ministry of Post and Telecommunication petition in support of the Phnom Penh Municipal Court on the verdict of Kem Sokha
On 03 March 2022, the Ministry of Post and Telecommunication has posted a petition in support of the Phnom Penh Municipal Court on the verdict of Kem Sokha on their official social media site.According to the petition, all the civil servants under the Ministry express ...
Ministry of Post and Telecommunication
Australia announces new solar farm in Kratie province
The Cambodia-Australia Partnership for Resilient Economic Development (CAPRED), a flagship economic development program funded by the Australian government, will establish a solar electricity farm in Kampong Cham commune in Sambour district, Kratie province. ...
Sem Pisey
https://www.phnompenhpost.com/national/australia-announces-new-solar-farm-kratie-province
Feb 27 dolphin territory fishing ban scrapped to save livelihoods
The government on April 27 issued a new sub-decree reversing its ban imposed in February on all fishing in the Mekong dolphin conservation zone. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/feb-27-dolphin-territory-fishing-ban-scrapped-save-livelihoods
Cambodia exports reach $9.18 billion in five months
Cambodia’s exports in the first five months of 2023 were worth $9.18 billion, down 2.4 percent from $9.41 billion for the same period last year, according to a General Department of Customs and Excise report. ...
Chea Vanyuth
https://www.khmertimeskh.com/501306111/cambodia-exports-reach-9-18-billion-in-five-months/
Potential of renewable energy sources in Cambodia’s growing market
Cambodia, a rapidly developing Southeast Asian nation, has been experiencing significant economic growth in recent years. With a GDP growth rate of 7.1% in 2019, the country has been making strides in various sectors, including agriculture, manufacturing, and tourism. One of the most critical challenges ...
Khmer Times Staff
https://www.khmertimeskh.com/501311118/potential-of-renewable-energy-sources-in-cambodias-growing-market/
Press release on the meeting on the provision of tax services to car purchasing enterprises to promote tax registration and obligation of tax obligations
On 21 June 2023, General Department of Taxation has posted a press release on the meeting on the provision of tax services to car-purchasing enterprises to promote tax registration and fulfillment of tax obligations on their official social media site. According to the press release, this ...
General Department of Taxation
