CDC unveils 27 projects in Jan-Feb
The Council for the Development of Cambodia (CDC) notices issued year-to-February 28 reveal that it has greenlit 27 new private investment projects – 19 in textile-related sectors – worth a cumulative $198.2 million, which are expected to generate a total of 39,914 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-unveils-27-projects-jan-feb
Sihanoukville in line to become leading international port hub
The Transport Minister said on Monday that Sihanoukville will be transformed into a regional and international port hub, pledging three new container ports of $973 million where people can exchange goods and attract investors. ...
Chhorn Raksmey
https://kiripost.com/stories/cambodia-sihanoukville-in-line-to-become-leading-international-port-hub
Tourism industry expert urges creation of more attractions
Tourism industry experts are anticipating an increase in visitors to the Kingdom during this year’s high season and encouraging communities in lesser-known areas to think creatively and find new ways to draw tourists out from the usual destinations. ...
Van Socheata
https://www.phnompenhpost.com/business/tourism-industry-expert-urges-creation-more-attractions
South Korean firm commits to 1,000 ‘modern’ bus donation
Prime Minister Hun Sen has announced that the South Korean Booyoung Group will gift the government a further 1,000 modern buses. The company handed over 200 buses to the Phnom Penh Municipal Hall in February, but suggested that the new buses be utilised in the ...
Ry Sochan
https://www.phnompenhpost.com/national/south-korean-firm-commits-1000-modern-bus-donation
Agri minister’s proposal aims to draw fisherman into aquaculture sector
Minister of Agriculture, Forestry and Fisheries Dith Tina on January 19 met with French Development Agency (AFD) country director for Cambodia Sandrine Boucher to pitch a potential new project that could turn ordinary fishermen into bona-fide aquaculture traders. ...
Cambodia elected to UNAIDS board
The UN Economic and Social Council (ECOSOC) convened a meeting in New York to allow Cambodia to join the Program Coordinating Board (PCB) of UNAIDS for the Asia-Pacific Region for the 2023-2025 term, according to the National AIDS Authority (NAA) ...
Kim Yutharo
https://www.phnompenhpost.com/national/cambodia-elected-unaids-board
Phnom Penh Water Supply Authority to meet clean water demand
The Phnom Penh Water Supply Authority, under the Ministry of Industry, Science, Technology and Innovation, is expanding the capacity of water supplies and building new water treatment plants to meet the increasing demand for pipe water as urbanisation development and business activities rise. ...
Chea Vanyuth
https://www.khmertimeskh.com/501249575/phnom-penh-water-supply-authority-to-meet-clean-water-demand/
China strengthens investment in Cambodia
The Council for the Development of Cambodia (CDC) has announced that it approved 113 new investment and expansion projects with combined registered capital of about $1.1 billion in the first half of this year, of which nearly 65% came from Chinese investors. ...
Khmer Times Staff
https://www.khmertimeskh.com/501324125/china-strengthens-investment-in-cambodia/
$95 million cement plant to appear in Battambang province
A new cement plant with a total investment capital of $95 million will be built in Pcheav village, Treng commune, Rattanak Mondul district, Battambang province, according to a press release of the Council for the Development of Cambodia (CDC) made public Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501311142/95-million-cement-plant-to-appear-in-battambang-province/
AIIB lends $100m to ACLEDA for SME loans
ACLEDA Bank Plc has borrowed $100 million from China-owned Asian Infrastructure Investment Bank (AIIB) to provide new loans to micro, small and medium enterprises, according to its latest filing with Cambodia Securities Exchange. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-aiib-lends-100m-to-acleda-for-sme-loans
Kampong Thom governor leads tree planting, green initiative
Kampong Thom provincial governor Nguon Ratanak recently led the planting of over 60 young tree saplings in Stung Sen garden, situated along the namesake river. The new trees are expected to beautify the provincial town and attract more domestic and international visitors. ...
Chea Sokny
https://www.phnompenhpost.com/national/k-thom-governor-leads-tree-planting-green-initiative
Australia helps strengthen laboratory capacity for infectious diseases in Cambodia
Australia has supported the IndoPacLab program across Cambodia, Laos, and Papua New Guinea (PNG) to strengthen laboratory capacity for HIV, TB, malaria, and COVID-19 testing, said the Australian Embassy in Cambodia in a News release Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501390503/australia-helps-strengthen-laboratory-capacity-for-infectious-diseases-in-cambodia/
Cambodian PM lauds WEF’s role in boosting public-private cooperation
Prime Minister of Cambodia has praised the World Economic Forum (WEF) for its important role as an active forum for government-private sector relations, by introducing new government policies and initiatives related to business and investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501397414/cambodian-pm-lauds-wefs-role-in-boosting-public-private-cooperation/
Import tax debate sparks furore in Tbong Khmum
Vendors in Tbong Khmum province’s Memot district are waiting for the return of hundreds of new and used mobile phones which were seized by local customs officials last week. ...
Niem Chheng
https://www.phnompenhpost.com/national/import-tax-debate-sparks-furore-in-tbong-khmum
World Bank approves major investment in water security for Cambodia
The bank said in a news release that over 113,000 people in Cambodia are expected to benefit from better water supply infrastructure following the approval on June 21 of a new World Bank-supported project. ...
Tax incentives offered for expansion of Qualified Investment Projects
In accordance with a recently released legal update from the Ministry of Economy and Finance (MEF), new procedures have been defined to provide income tax incentives to companies involved in expanding their Qualified Investment Projects (QIPs) in the Kingdom. ...
James Whitehead
https://www.khmertimeskh.com/501501730/tax-incentives-offered-for-expansion-of-qualified-investment-projects/
Pursat prepares relocation area for residents of Phnom 1500 eco-tourism site
Pursat provincial authorities are preparing a new location of over 150 hectares for people who volunteer to relocate from the Phnom 1500 eco-tourism site and have given 30 days to those who have not yet agreed to abide by the government’s land policy and move. ...
Phak Seangly
https://www.phnompenhpost.com/national/pursat-prepares-relocation-area-for-residents-of-phnom-1500-eco-tourism-site
The government establishes a Special Tax Audit Unit to help taxpayers
Phnom Penh, Cambodia The Ministry of Economy and Finance has announced the formation of a Special Tax Audit Unit, designed to address taxpayer concerns more efficiently. This new unit, which holds departmental status, will operate under the General Department of Taxation’s jurisdiction. ...
Khmer Times Staff
https://www.khmertimeskh.com/501524123/the-government-establishes-a-special-tax-audit-unit-to-help-taxpayers/
Trade mark filings reach 135,000 in three decades
A new report exploring data from the Cambodia Trademark Database has confirmed that 135,000 applications for trade mark protections were filed over the previous three decades, from January 1991 to July 2024. ...
James Whitehead
https://www.khmertimeskh.com/501532233/trade-mark-filings-reach-135000-in-three-decades/