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SMEs set to boost the Kingdom’s economy

More than 100 local small and medium enterprises (SMEs) were registered during the first three quarters of this year, and officials expect the government’s tax incentive policy for SMEs to boost growth, said a Ministry of Industry and Handicraft report. The SMEs – 105 of ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/smes-set-boost-kingdoms-economy

Over 83 pct of Cambodia's urban dwellers have access to clean water: minister

More than 83 percent of Cambodia’s urban residents have currently access to clean water, up from only 60.5 percent in 2012, Minister of Industry and Handicraft Cham Prasidh said on Thursday.   ...

Shanghai Daily Team
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=331482

One province, one SME zone

Next year will be breakout year for Cambodia’s small and medium enterprises (SMEs), with specific zones being organized in each province to promote productivity, quality and regional competitiveness, the president of the SME federation said yesterday. Te Taing Por, president of the Federation of Associations ...

Sok Chan
http://www.khmertimeskh.com/news/30599/one-province--one-sme-zone/

Electric proposal Usage-based plan to lower power rates

Cambodia’s electricity regulator is set to roll out seven new plans designed to reduce electricity fees beginning in April and through 2020, with some fees dropping as low as 480 riel per kilowatt hour. ...

Yesenia Amaro and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/electric-proposal-usage-based-plan-lower-power-rates

Yuan use gains traction as trade link with China grows

With trade and investment between Cambodia and China steadily increasing, Chinese currency-backed settlements for cross-border commerce have sharply taken off as the Kingdom continues to deepen its economic dependency on the northern giant, a central bank official said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/yuan-use-gains-traction-trade-link-china-grows

Rainfall still a month away, says ministry

The Ministry of Water and Meteorology has warned farmers of a rainfall shortage forecast to last at least another month, with average daily temperatures also forecast to remain above average. The announcement, issued on Monday, says that up until mid-July Phnom Penh, Kandal, Kampong Speu, Takeo, ...

Chan Muyhong
http://www.phnompenhpost.com/business/rainfall-still-month-away-says-ministry

Tax regulation gets a shake up

In an effort to centralise tax registrations and improve taxpayer accountability, the Ministry of Economy and Finance (MoEF) this month passed a raft of changes to the country’s tax registration regulations. Prakas 1139, issued by the MoEF on October 9, states that all legal entities including ...

Eddie Morton
http://phnompenhpost.com/post-weekend/tax-regulation-gets-shakeup

Petrol firms told to open books

Cambodia’s petrol retailers have been ordered by the government to hand over import information and financial records in what looks to be the first steps toward installing fuel-price legislation. The Ministry of Mines and Energy (MME) announced publicly yesterday via state-owned media Agence Kampuchea Presse (AKP) ...

Eddie Morton
http://www.phnompenhpost.com/business/petrol-firms-told-open-books

Call to restrict overseas imports

Small and medium enterprises (SMEs) have called for increased restrictions over allowing imported products from abroad access to their  domestic  markets. ...

Chea Vannak
https://www.khmertimeskh.com/50701923/call-to-restrict-overseas-imports/

Cambodia, Laos ink MoU for securities market development

The Securities and Exchange Regulator of Cambodia (SERC) signed a Memorandum of Understanding (MoU) with the Lao Securities Commission office (LSCO) to collaborate in the regulation and development of securities markets in both countries, said an official. ...

Kang Sothear
https://www.khmertimeskh.com/501342653/cambodia-laos-ink-mou-for-securities-market-development/

Food and beverage processing SMEs show remarkable growth

The number of small and medium enterprises (SME) in food and beverage processing saw a remarkable increase, using raw materials of agriculture to the finished products. ...

Chea Vanyuth
https://www.khmertimeskh.com/501348064/food-and-beverage-processing-smes-show-remarkable-growth/

Cases of malaria nearly doubled over past year

Health Ministry officials said the number of malaria cases in 2017 increased nearly 100 percent if compared to the previous year during a meeting to set a strategy to reduce the rate in 2018. The National Centre for Parasitology, Entomology and Malaria Control issued an official ...

Mom Kunthear
http://www.khmertimeskh.com/50110503/cases-malaria-nearly-doubled-past-year/

Tour guides, interpreters told to strengthen services

The Ministry of Tourism has instructed all tour guides and interpreters to continue strengthening professional practices to improve the quality of reliable and friendly services for tourists. ...

Torn Vibol
https://www.khmertimeskh.com/501420447/tour-guides-interpreters-told-to-strengthen-services/

Cambodia exports bicycles worth nearly $417 mln last year

Cambodia exported bicycles worth $416.7 million in 2023, a decrease of 53.6 percent from $899.7 million in a year earlier, said a General Department of Customs and Excise’s report on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501424449/cambodia-exports-bicycles-worth-nearly-417-mln-last-year/

Cambodian Rice Exports Double in the First Seven Months

Cambodia exported 221,027 tons of milled rice in the first seven months of the year, an increase of 103 percent compared to the same period last year, according to figures from the Ministry of Commerce. officials and rice experts said the increase in exports was thanks ...

Lindsey Peterson and Hul Reaksmey
http://www.cambodiadaily.com/business/cambodian-rice-exports-double-in-the-first-seven-months-43062/

Increased loan access for SMEs

Three private institutions have come together to provide loans to small and medium enterprises (SMEs) to boost financial access for the business expansion and sustainability amid the global economic downturn. ...

May Kunmakara
https://www.phnompenhpost.com/business/increased-loan-access-smes

Kingdom’s list of certifications grows to 868

The Institute of Standards of Cambodia developed 63 new standards last year, bringing the total number of certifications available from the government to 868, though one industry representative said the system still needed improvement in order to facilitate exports. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/kingdoms-list-certifications-grows-868

US offers tips for cybercrime team

Cambodian police, prosecutors and policymakers were hosted in Washington recently by the US government, as part of America’s efforts to support the drafting of the Kingdom’s controversial cybercrime law. ...

Bun Sengkong
http://www.phnompenhpost.com/national/us-offers-tips-cybercrime-team

Local officials urged to work with everyone regardless of politics, religion

Minister of Interior Sar Kheng on Wednesday instructed police officials and local authorities to serve the people without considering political affiliations or religion. In the handover ceremony of 1,646 motorbikes to police stations nationwide, Kheng told police officials that they must serve the people regardless ...

Mech Dara
https://www.phnompenhpost.com/national/local-officials-urged-work-everyone-regardless-politics-religion

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