Ministry eyes 100% land registrations
The Ministry of Land Management, Urban Planning and Construction pledged to complete registering up to 94 per cent of land by next year and 100 per cent of some seven million plots by 2021. To that end, the ministry on Thursday launched its 21-point plan ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/ministry-eyes-100-land-registrations
Stamp duty tax exemption extended for another year
The government has decided to extend the stamp duty tax exemption deadline for property worth less than $70,000 from January to December 2021. The official announcement, released this week, is intended to boost the economy by encouraging more property transactions. In its announcement, the government ...
Jason Boken
https://www.khmertimeskh.com/50797156/stamp-duty-tax-exemption-extended-for-another-year/
‘New normal’ recovery map afoot
Cambodia is designing policy for 2021-2023 to chart a path for sustainable and inclusive economic recovery from the Covid-19 crisis, with an approach that ensures peace, security, social stability and public order on the path to the “new normal”, enhances competitiveness and promotes economic diversification ...
Hin Pisei
https://www.phnompenhpost.com/business/new-normal-recovery-map-afoot
Cambodia pledges cooperation in push for inclusive cyberspace
Minister of Post and Telecommunications Chea Vandeth said Cambodia is ready to join with ASEAN member states toward a safe and inclusive cyberspace. Vandeth made the remarks while attending the 6th ASEAN Ministerial Conference on Cybersecurity (AMCC) and Singapore International Cyber Week 2021 (SICW) held ...
Ry Sochan
https://www.phnompenhpost.com/national/cambodia-pledges-cooperation-push-inclusive-cyberspace
FDI flow drops 50 percent Jan-May
Foreign direct investment (FDI) fell 50 percent Jan-May from the same period in 2020, according to the Ministry of Economy and Finance. Investment projects for the first five months of 2021 were valued at $825 million, a 59 percent drop from results for the same ...
Chea Vanyuth
https://www.khmertimeskh.com/889495/fdi-flow-drops-50-percent-jan-may/
Illegal wildlife snares pose big challenges
The Ministry of Environment remain committed to enforcing laws against the illegal wildlife trade in Cambodia. It said that in 2021, rangers and partner NGO officials removed a total of 61,611 snares installed in natural protected areas. The ministry said the number of snares found ...
Voun Dara
https://www.phnompenhpost.com/national/illegal-wildlife-snares-pose-big-challenges
China-imports 90% of bilateral trade
The Cambodian-Chinese merchandise trade totalled $10.579 billion in the first 11 months of 2022, up 6.31 per cent year-on-year, with imports from China accounting for an 89.51 per cent share, up 3.29 percentage points from the same time in 2021, according to the General Department ...
Hin Pisei
https://www.phnompenhpost.com/business/china-imports-90-bilateral-trade
Rubbish services rated better by city residents
At the beginning of 2021, three waste collection companies – Mizuda Sanitation Cambodia Co Ltd, Cintri Cambodia, and 800 Super-GAEA (Cambodia) Co Ltd – signed contracts with the Phnom Penh Municipal Administration and began operating in their respective areas. As of November, the three firms ...
Long Kimmarita
https://www.phnompenhpost.com/national/rubbish-services-rated-better-city-residents
RUPP Vietnamese Language Department to offer 3 courses
Minister of Education, Youth and Sports Hang Chuon Naron issued a proclamation on November 22, 2021, to establish the Institute of International Studies and Public Policy of RUPP where students can study in the Vietnamese Language Department and obtain a bachelor’s in Vietnamese studies, Vietnamese ...
Hang Punreay
https://www.khmertimeskh.com/501133204/rupp-vietnamese-language-department-to-offer-3-courses/
Kingdom-US trade surges 33% in six months
Bilateral trade between Cambodia and the US remained resilient in the first half of 2021, clocking in at $3.8402 billion, or a 32.8 per cent surge from the $2.8917 billion booked in the same period last year, despite the profound implications of the Covid-19 pandemic ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-us-trade-surges-33-six-months
Robust growth in apparel exports to UK from Cambodia registered
Cambodia’s apparel exports of $758.532 million in the first three quarters of this year have already crossed the total exports of $613.344 million in 2021. At this rate, the exports are likely to touch the $1 billion mark by December 2022. The two countries are ...
Khmer Times Staff
https://www.khmertimeskh.com/501202268/robust-growth-in-apparel-exports-to-uk-from-cambodia-registered/
Singapore replaces China as Cambodia’s top FDI source
Singapore has replaced China as the leading investing country in Cambodia in 2021, accounting for six projects, or 40 percent of Cambodia’s inward FDI, revealed the Investment Monitor’s ‘2022 Inward FDI Performance Index’, released recently. ...
Manoj Mathew
https://www.khmertimeskh.com/501178069/singapore-replaces-china-as-cambodias-top-fdi-source/
In protected Prey Lang forest, communities pushed out but mining companies welcomed in
Kampong Thom’s Sandan district: Snang An village chief Sok Heng proudly displays a photo of his new home, constructed in July 2021, as his phone’s background image. But Late Cheng Mining Development, a gold mining firm with ties to Prime Minister Hun Sen’s bodyguard unit, ...
Khuon Narim and Jack Brook
https://cambojanews.com/in-protected-prey-lang-forest-communities-pushed-out-but-mining-companies-welcomed-in/
Poorest nations win intellectual property waiver
The world’s poorest nations have won an eight-year extension of a waiver on intellectual property rules at a session of the World Trade Organisation’s TRIPS Council. A session of the 159-nation WTO’s TRIPS (trade-related aspects of intellectual property rights) Council has ruled the waiver for 34 ...
Trade spurt seen after PM’s Laos state visit
Bilateral trade between Cambodia and Laos is predicted to pick up after a recent series of key meetings between national leaders and prominent members of the business community, following a reported jump of roughly three-tenths last year over 2021. ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-spurt-seen-after-pms-laos-state-visit
Subsidies spark cheaper energy
Cambodia plans to spend more than $100 million on subsidies by 2021 to reduce electricity tariffs in a move to spur economic growth and relieve the financial burden on businesses and households, a senior government official said. Electricite du Cambodge (EdC) director-general Keo Ratanak told reporters ...
Thou Vireak
https://www.phnompenhpost.com/business/subsidies-spark-cheaper-energy
ASEM supports Kingdom’s decision to postpone meeting amid Covid
The 13th Asia-Europe Meeting (ASEM13) scheduled to be held in Cambodia in November has been postponed until mid-2021 due to the Covid-19 pandemic, a Ministry of Foreign Affairs and International Cooperation press statement released on Saturday said. The decision was made during a two-day meeting ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/asem-supports-kingdoms-decision-postpone-meeting-amid-covid
Kingdom-US trade surges 33% in six months
Bilateral trade between Cambodia and the US remained resilient in the first half of 2021, clocking in at $3.8402 billion, or a 32.8 per cent surge from the $2.8917 billion booked in the same period last year, despite the profound implications of the Covid-19 pandemic ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-us-trade-surges-33-six-months
Ministry: Snares threaten biodiversity
Snares remained a challenge for wildlife in Cambodia’s protected areas, and result in the loss of many of the Kingdom’s endangered species. In order to address the problem, in 2021, the Ministry of Environment and partner organisations removed over 60,000 snares from 72 protected areas and ...
Lay Samean
https://www.phnompenhpost.com/national/ministry-snares-threaten-biodiversity
Cambodia’s apparel exports to Japan grow further in 2022 to more than $1.2 billion
Cambodia’s apparel exports to Japan have continued to grow for the second consecutive year in 2022, despite a dip in shipments in 2020 due to the COVID-19 pandemic. In 2022, the shipment increased to $1,201.698 million after a recovery in 2021. Notably, the exports recorded ...
Khmer Times Staff
https://www.khmertimeskh.com/501252053/cambodias-apparel-exports-to-japan-grow-further-in-2022-to-more-than-1-2-billion/