Investment incentives mulled for agriculture
The Cambodia Chamber of Commerce (CCC) has requested that the government study consider offering additional tax exemptions to the agriculture sector, in order to support last year’s 2022-2030 agricultural policy. ...
Van Socheata
https://www.phnompenhpost.com/business/investment-incentives-mulled-agriculture
Exports to India up over 57% in ‘23
Cambodia garnered over $233 million in the first ten months of 2023 from exports to India, marking an increase of nearly 60% compared to the corresponding period in 2022. ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-to-india-up-over-57-in-23
US remains Cambodia’s biggest export destination
Cambodia exported $8,144 million to the US in the first eleven months of 2023, inching down 0.89 percent compared to the same period in 2022, a report from the Ministry of Commerce showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501416446/us-remains-cambodias-biggest-export-destination-2/
Cambodia’s exports to Indonesia jump 112 percent
Cambodia’s exports to Indonesia and India rose the most in the January to November 2023 period, by 111.7 percent and 55.1 percent respectively, compared to the same period in 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501415859/cambodias-exports-to-indonesia-jump-112-percent/
Credit growth too high, especially in real estate sectors
In July, the National Bank of Cambodia (NBC) flagged the “historically” high credit-to-gross domestic product (GDP) ratio, which stood at 189 percent in 2022, with credit-to-GDP gap reaching nearly 40 percent. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-credit-growth-too-high-especially-in-real-estate-sectors
Cambodia collects nearly $6 billion in taxes in 2023
Cambodia earned $5.9 billion in revenues from all kinds of taxes in 2023, a 3.9 percent decrease compared to $6.14 billion in 2022, as per an official report released on Friday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501442033/cambodia-collects-nearly-6-billion-in-taxes-in-2023/
RGPPSEZ reports strong growth in revenues for 2023
The Royal Group Phnom Penh Special Economic Zone (RGPPSEZ) recorded a total revenue of almost $64 million throughout the 2023 year, marking an increase of 137 percent compared to 2022 annual revenues, says the Cambodia Securities Exchange (CSX). ...
James Whitehead
https://www.khmertimeskh.com/501474093/rgppsez-reports-strong-growth-in-revenues-for-2023/
China to work further with Mekong countries in water resources
China is ready to consolidate political trust with the five countries along the Lancang-Mekong River, and further cooperate with them in areas of water resources, drought and flood prevention, industrial capacity, agriculture, and human resources, Premier Li Keqiang said on Wednesday. Li made the remarks ...
Zhang Yue
http://www.chinadaily.com.cn/a/201801/11/WS5a5727eba3102c394518e98a.html
Nat’l Road 4 to be widened
The Ministry of Public Works and Transport is in the final stages of project planning for the widening of National Road 4 from 7m to 10m. The project is scheduled to last 24 months from 2022 to 2023. ...
Long Kimmarita
https://phnompenhpost.com/national/natl-road-4-be-widened
Dates set for minimum wage raise discussion
The National Council on Minimum Wage (NCMW) will hold a series of meetings from mid-September onwards to negotiate the 2022 minimum wage for workers in the textile, garment and footwear sectors. ...
Long Kimmarita
https://www.phnompenhpost.com/national/dates-set-minimum-wage-raise-discussion
Kingdom, Laos talk security
The Ministry of Interior and the Lao Ministry of Public Security have signed a memorandum of understanding (MoU) on security cooperation for 2022 and agreed to continue to foster increased links between them. ...
Voun Dara
https://www.phnompenhpost.com/national/kingdom-laos-talk-security
Hun Sen awarded peace prize, set for UPF summit
Prime Minister Hun Sen has received the 2022 Sunhak Peace Prize Founder’s Award by the South Korea-based Sunhak Peace Prize Foundation for his contributions to peace and economic development in Cambodia and to peace initiatives in the region. ...
Mom Kunthear
https://www.phnompenhpost.com/national/hun-sen-awarded-peace-prize-set-upf-summit
King Sihamoni off to Beijing for Olympic games opening
King Norodom Sihamoni is planning to depart for China on February 3 to attend the opening ceremony of the Winter Olympic Games 2022 in Beijing, which are scheduled to begin on February 4, and will return on February 5. ...
Mom Kunthear
https://www.phnompenhpost.com/national/king-sihamoni-beijing-olympic-games-opening
Customs launches mobile app for this year
The General Department of Customs and Excise of Cambodia (GDCE) has launched a mobile app of the Cambodia Customs Tariff for 2022 to make it easier for businesspeople to calculate import duties and taxes, and identify goods by category and restriction status. ...
Hom Phanet
https://www.phnompenhpost.com/business/customs-launches-mobile-app-year
PM clinches Sunhak Peace Prize: foundation
Prime Minister Hun Sen will lead a delegation to South Korea to co-host the World Summit 2022 under the theme “Towards Peace on the Korean Peninsula” and to receive the Peace Award presented by the Sunhak Peace Prize Foundation. ...
Lay Samean
https://www.phnompenhpost.com/national/pm-clinches-sunhak-peace-prize-foundation
‘Cultural Landscape of the Bunong People’ named to international conservation advocacy programme
The “Cultural Landscape of the Bunong People” has been named to the 2022 World Monuments Watch, as one of 25 heritage sites deemed to be of worldwide significance, critical for the local community, and in urgent need of preservation. ...
Mom Kunthear
https://www.phnompenhpost.com/national/cultural-landscape-bunong-people-named-international-conservation-advocacy-programme
Indigenous people in Mondulkiri province accuse an official and a tycoon of conspiring to take nearly 36 hectares of their land
On December 6, 2022, 10 indigenous people submitted their petitions to the Ministry of Interior, the Ministry of Land Management, Urban Planning and Construction, and the Office of the Council of Ministers to seek the intervention to help resolve their land disputes. ...
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/
KHQR records 400K transactions in one year
In one year since its official rollout in 2022 by the National Bank of Cambodia, KHQR, the universal quick response (QR) platform of the country for digital payments, has recorded nearly 400,000 transactions. ...
Manoj Mathew
https://www.khmertimeskh.com/501336016/khqr-records-400k-transactions-in-one-year/
Pepper exports decline 30% Jan-Aug
Cambodia has experienced a 30 per cent decline in pepper exports in the first eight months of 2023, exporting over 5,000 tonnes, compared to the same period in 2022, according to the Ministry of Agriculture, Forestry and Fisheries. ...
Van Socheata
https://www.phnompenhpost.com/national/pepper-exports-decline-30-jan-aug