Increased iron, steel imports hint at construction sector revival
Cambodia imported iron and steel worth close to $168 million in the first four months of 2024, the General Department of Customs and Excise (GDCE) reported recently. ...
James Whitehead
https://www.khmertimeskh.com/501504480/increased-iron-steel-imports-hint-at-construction-sector-revival/
Statement by Coalition of Cambodian Apparel Workers Democratic Union's perspectives on the report on freedom of association in the Garment, Footwear and Travel Products Sector in Cambodia by Central (in collaboration with C.CAWDU and CATU)
On 06 June 2024, Coalition of Cambodian Apparel Workers Democratic Union (CCAWU) issued a statement of their perspective on the report on freedom of association in the Garment, Footwear and Travel Products Sector in Cambodia by Central (in collaboration with C.CAWDU and CATU) on their ...
Coalition of Cambodian Apparel Workers Democratic Union
MoC, NBC push for riel price tags
The Ministry of Commerce and the National Bank of Cambodia (NBC) recently held a high-level meeting to discuss strategies to encourage the use of Khmer Riel and decided to promote price tag labelling in national currency as an important step. ...
Chea Vanyuth
https://www.khmertimeskh.com/501495175/moc-nbc-push-for-riel-price-tags/
GDT tax collection falls in Q1
The General Department of Taxation (GDT) collected taxes totalling $1.18 billion during the January-March period this year, down 11.9 percent from $1.34 billion collected in the first quarter of 2023. ...
Chea Vanyuth
https://www.khmertimeskh.com/501493907/gdt-tax-collection-falls-in-q1/
Cambodia’s insurance industry sees slight growth in first 5 months of 2024
An Insurance Regulator of Cambodia (IRC) report showed on Monday that Cambodia’s insurance industry recorded a gross premium of $150 million in the first five months of 2024, up 1.2 percent from $148.1 million over the same period in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501511655/cambodias-insurance-industry-sees-slight-growth-in-first-5-months-of-2024/
Cambodia and France exchange two MoUs on trade and education
Dr. Hun Manet, Prime Minister of Cambodia, presided over the opening ceremony of the three-day France-Cambodia Business Forum, held at the Sofitel Phokeethra Phnom Penh this morning. ...
Khmer Times Staff
https://www.khmertimeskh.com/501519296/cambodia-and-france-exchange-two-mous-on-trade-and-education/
ERW victims increase by 67% in first six months of 2024
In the first six months of 2024, there have been 35 casualties from mines, unexploded ordnance (UXOs), and explosive remnants of war (ERWs), an increase of 67% compared to the same period in 2023 when there were 21 victims. ...
Som Sotheary
https://www.khmertimeskh.com/501517980/erw-victims-increase-by-67-in-first-six-months-of-2024/
Authorities seize, destroy over 28 tonnes of banned frozen meats
Over 28 tonnes of banned and tainted frozen meats were confiscated and destroyed by the General Department of Customs and Excise (GDCE) and related units between July and early August. ...
Phak Seangly
https://www.phnompenhpost.com/national/authorities-seize-destroy-over-28-tonnes-of-banned-frozen-meats
Cambodia, Indonesia to expedite MoU on rice trading soon
With the trade volume between Cambodia and Indonesia exceeding $1 billion in 2023, the two countries on Thursday agreed to expedite the Memorandum of Understanding (MoU) on rice trade. ...
Mom Kunthear
https://www.khmertimeskh.com/501546079/cambodia-indonesia-to-expedite-mou-on-rice-trading-soon/
PM says no tax for biz with annual income below KHR 250M
Micro enterprises with an annual turnover of less than 250 million riels will not be taxed, Prime Minister Hun Manet assured on Thursday evening during his special statement on the ‘One-Year Achievements of the Royal Government of the 7th Legislature of the National Assembly’ that ...
Manoj Mathew
https://www.khmertimeskh.com/501547280/pm-says-no-tax-for-biz-with-annual-income-below-khr-250m/
Kingdom, South Korea ink rural development MoU
Cambodia and South Korea signed a memorandum of understanding (MoU) on cooperation between the South Korean province of Kyungsangbukdo and the Asian Cultural Council (ACC) of Cambodia on the “New Village Movement” project on September 12. ...
Ry Sochan
https://www.phnompenhpost.com/national/kingdom-south-korea-ink-rural-development-mou
NBC, MoC call for wider use of Riel
The National Bank of Cambodia (NBC) and the Ministry of Commerce (MoC) Wednesday organized a seminar aimed at promoting financial inclusion and encouraging the wider use of the Cambodian Riel (KHR) in the domestic economy. ...
Chea Vanyuth
https://www.khmertimeskh.com/501572151/nbc-moc-call-for-wider-use-of-riel/
PM urges ASEAN to maintain multilateral trading system
Prime Minister Hun Manet has called on the Association of Southeast Asian Nations (ASEAN) to maintain a just and inclusive multilateral trading system and to broaden trade cooperation with its partners. ...
Khmer Times Staff
https://www.khmertimeskh.com/501572478/pm-urges-asean-to-maintain-multilateral-trading-system/
Cabinet pass draft Royal Decree on out-of-court mediation body
Prime Minister Hun Manet has approved a draft Royal Decree on the establishment, organisation and functioning of the new National Authority for Out-of-Court Mediation, one of the four agenda items passed during an October 27 Cabinet meeting. ...
Post Staff
https://www.phnompenhpost.com/national/cabinet-pass-draft-royal-decree-out-court-mediation-body
Tax collection up 4.49 percent to $3.6 billion
Cambodia increased its tax collection by 4.49 percent year-over-year to $3.6 billion in 2023. We exceeded our target (101.13 percent) with this year’s collection, said the General Department of Taxation (GDT) at the Ministry of Economy and Finance. ...
Chea Vanyuth
https://www.khmertimeskh.com/501428582/tax-collection-up-4-49-percent-to-3-6-billion/
Ministry plan to align gambling legislation
To ensure effective suppression of illegal gambling, the Ministry of Interior is set to amend the Law on Suppression of Gambling, aligning it with the Law on Commercial Gambling Management. ...
Chea Sokny
https://www.phnompenhpost.com/national/ministry-plan-to-align-gambling-legislation
GDT exceeds 2023 tax revenue targets
Cambodia generated more than $3.6 billion in 2023 through the General Department of Taxation (GDT), slightly exceeding the targets set in the 2023 Law on Financial Management and surpassing 2022’s revenue. ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-exceeds-2023-tax-revenue-targets
PM asks ministries, institutions, and sub-national administrations to collaborate with the Ministry of Inspection and promote transparency
Dr. Hun Manet, Prime Minister of Cambodia, urged ministries, institutions, and sub-national administrations to collaborate with the Ministry of Inspection to enhance their work. ...
Chinese firms show feasibility of Light Railway connecting airport, metro in Phnom Penh
The feasibility of a Light Railway line connecting Phnom Penh to the new airport and planned city metro (subway) was presented by the China Metro Group and Guangzhou Metro Group to the Inter-Ministry Committee of Cambodia on Saturday, said the Council for the Development of ...
Rachel David
https://www.khmertimeskh.com/501457950/chinese-firms-show-feasibility-of-light-railway-connecting-airport-metro-in-phnom-penh/
Cambodia’s garment, footwear, travel goods export up 20 pct in Q1
Cambodia exported $2,941 million worth of garment, footwear and travel products (GFTs) to international markets in the first quarter of 2024, up 20 percent from 2,449 million dollars over the same period last year, said a report released by the Ministry of Commerce on April ...
Khmer Times Staff
https://www.khmertimeskh.com/501472270/cambodias-garment-footwear-travel-goods-export-up-20-pct-in-q1/