Cambodia faces drought in 2023
Authorities have sent out a warning that 2023’s dry season will bring droughts countrywide, with residents urged to use water sparingly. ...
Meas Molika
https://kiripost.com/stories/cambodia-faces-drought-in-2023
$4.685 billion investment projects approved in 2022
The Council for the Development of Cambodia (CDC) approved fixed asset investment projects worth over $4.685 billion in 2022, up 7 percent as compared to a year before. ...
Chea Vanyuth
https://www.khmertimeskh.com/501216023/4-685-billion-investment-projects-approved-in-2022/
Cambodia’s total trade up 9% to $52 billion in 2022
Cambodia’s international trade in 2022 totalled more than $52 billion, a 9.2 percent year-on-year increase, while Cambodia’s exports jumped more than 16 percent. ...
Chea Vanyuth
https://www.khmertimeskh.com/501217283/cambodias-total-trade-up-9-to-52-billion-in-2022/
Cambodia’s National Bank says banking system plays active role in continuing to support economic recovery
The National Bank of Cambodia (NBC) said the banking system has played an active role in continuing to support the economic recovery by continuing to provide appropriate financial services to meet economic needs. ...
Khmer Times Staff
https://www.khmertimeskh.com/501218507/cambodias-national-bank-says-banking-system-plays-active-role-in-continuing-to-support-economic-recovery/
Cambodia’s economy slated to grow 6% in 2023
Cambodia’s economy is predicted to grow by roughly six percent in 2023 despite global challenges, according to the National Bank of Cambodia (NBC). ...
Mao Sreypich
https://kiripost.com/stories/cambodias-economy-slated-to-grow-6-in-2023
Cambodia’s exports to world up 18 pct in eleven months
Cambodia exported some $20,457 million worth of goods to the world market in the first eleven months of this year, an increase by 18 percent compared to the same period last year, according to a report of the General Department of Customs and Excise (GDCE) ...
Khmer Times Staff
https://www.khmertimeskh.com/501202310/cambodias-exports-to-world-up-18-pct-in-eleven-months/
Cambodia’s export surges 18% to $20 billion
Cambodia exported $20,457 million worth of goods in the January-November period of this year, an increase of almost 18.1 percent compared to the same period in 2021, according to a report from the General Department of Customs and Excise report yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501201379/cambodias-export-surges-18-to-20-billion/
$3.38 billion worth of oil and gas products imported by Cambodia in first 11 months
Cambodia have imported oil and gas products worth $3.38 billion in the first 11 months of 2022, up almost 58 percent over the same period last year, a report from the General Department of Customs and Excise said on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501201457/3-38-billion-worth-of-oil-and-gas-products-imported-by-cambodia-in-first-11-months/
NBC receives 306 financial complaints last year
The National Bank of Cambodia (NBC) received 306 cases of complaints and enquiries from consumers of services provided by banks and financial institutions through its hotline numbers in 26 cities and provinces in 2022. ...
Kang Sothear
https://www.khmertimeskh.com/501225198/nbc-receives-306-financial-complaints-last-year/
Pay taxes on time, GDT urges taxpayers
Taxpayers should ensure proper implementation and timely tax declaration to avoid interruptions on the last tax declaration day, the General Department of Taxation said, noting that it makes adjustments and is continuously developing information technology systems to make it easier for taxpayers. ...
Hin Pisei
https://www.phnompenhpost.com/business/pay-taxes-time-gdt-urges-taxpayers
CCJ ecotourism photo competition open to published journalists
The Club of Cambodian Journalists (CCJ), in collaboration with CP ALL (Cambodia) Co Ltd, are organising a photography competition for local journalists. ...
Bor Pich Zelin
https://www.phnompenhpost.com/national/ccj-ecotourism-photo-competition-open-published-journalists
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/
Insurance premiums rise to $81 million Q2
Despite the impact on incomes due to global economic uncertainties, the Kingdom’s insurance industry has performed well so far this year, with insurance premiums growing 6.3 per cent to $81.2 million in the second quarter of 2023 from $76.3 million in the corresponding period last ...
May Kunmakara
https://www.phnompenhpost.com/business/insurance-premiums-rise-81-million-q2
Kampong Speu cement factory to ‘cut imports, lift production’
A $258 million cement factory in Kampong Speu, approved by the Council for the Development of Cambodia (CDC) on August 24, is expected to raise the nation’s cement production capacity to more than 10 million tonnes per year. ...
Hin Pisei
https://www.phnompenhpost.com/business/kampong-speu-cement-factory-cut-imports-lift-production
CDC approves $34.6 million worth of investment projects
Six new investment projects with a total capital of $34.6 million have been approved by the Council for the Development of Cambodia (CDC). ...
Khmer Times Staff
https://www.khmertimeskh.com/501361374/cdc-approves-34-6-million-worth-of-investment-projects/
FAO says Cambodian wholesale rice prices stable or higher last month
Wholesale rice prices in Cambodia were stable or rising last month despite surges in Thailand and Vietnam, the Food and Agricultural Organization of the United Nations (FAO) said Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501363731/fao-says-cambodian-wholesale-rice-prices-stable-or-higher-last-month/
Announcement on the postponement of payment of property tax and unused land tax for 2023 until October 31, 2023
On 26 September 2023, the General Department of Taxation issued an announcement on the postponement of the payment of property tax and unused land tax for 2023 until October 31, 2023.In order to enable property owners who are willing to fulfill these tax declaration obligations ...
General Department of Taxation
Press release of the General Department of Taxation on the taxation on capital gains
On 26 September 2023, the General Department of Taxation issued a press release on the collection of tax on capital gains.According to the press release, the tax on capital gains is not new and has been put in place since 1994. The government is working ...
General Department of Taxation
Nationwide tech centres to boost digital learning
The Ministry of Post and Telecommunications has entered into a memorandum of understanding (MoU) with the Ministry of Education, Youth and Sport to set up community technology centres in state high schools nationwide, aiming to further advance digital education. ...
Chea Sokny
https://www.phnompenhpost.com/national/nationwide-tech-centres-boost-digital-learning
An electric substation development project approved by CDC
A project to develop a substation and a 230-kilovolt high-voltage electricity transmission line from Kampong Cham province to Kratie province has been approved by the Council for the Development of Cambodia (CDC). ...
Khmer Times Staff
https://www.khmertimeskh.com/501357096/an-electric-substation-development-project-approved-by-cdc/