FDI inflows into manufacturing remain high
Foreign direct investment (FDI) inflows into the manufacturing sector remained high, after investment into construction and real estate, as per the Annual Financial Stability Review Report 2023 of the National Bank of Cambodia (NBC). ...
Rachel David
https://www.khmertimeskh.com/501491715/fdi-inflows-into-manufacturing-remain-high/
MEF to step up public financial efficiency
The Ministry of Economy and Finance (MEF) and the development partners recently reviewed the implementation process of the revenue collection strategy along with the non-tax revenue management reform and the state property management policy to strengthen pubic financial efficiency and sustainability. ...
Nhean Chamrong
https://www.khmertimeskh.com/501512178/mef-to-step-up-public-financial-efficiency/
Cambodia and Indonesia agree to strengthen cooperation in developing the banking sector of the two countries
Dr. Chea Serey, Governor of the National Bank of Cambodia, received a courtesy call from Santo Darmosumarto, Ambassador Extraordinary and Plenipotentiary of the Republic of Indonesia to Cambodia, on June 26, 2024, at the National Bank of Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501514105/cambodia-and-indonesia-agree-to-strengthen-cooperation-in-developing-the-banking-sector-of-the-two-countries/
Cambodia developing a mobile application to prevent gender-based violence
The Cambodian Ministry of Women’s Affairs and its partners have been developing an app, called GBV Safe App, to prevent gender-based violence. ...
Khmer Times Staff
https://www.khmertimeskh.com/501516511/cambodia-developing-a-mobile-application-to-prevent-gender-based-violence/
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/
MoC initiates pilot project for nationwide wholesale markets
The Ministry of Commerce (MoC) is taking steps towards establishing a network of wholesale markets across Cambodia to improve market efficiency, reduce post-harvest losses and stabilize prices. ...
Chea Vanyuth
https://www.khmertimeskh.com/501517912/moc-initiates-pilot-project-for-nationwide-wholesale-markets/
Cambodia’s bicycle exports decline 38%
Cambodia’s bicycle exports plummeted 38 percent year-on-year in the first half of 2024 with the export value going down to $205 million, according to a report released by the Ministry of Commerce. ...
Chea Vanyuth
https://www.khmertimeskh.com/501525297/cambodias-bicycle-exports-decline-38/
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/
New professional journalism charter speedily implemented only days after input deadline
The Ministry of Information seemingly rushed the promulgation of the Charter for Professional Journalism on Tuesday, only days after the deadline for input by media associations with just a few suggestions included. ...
Seoung Nimol
https://cambojanews.com/new-professional-journalism-charter-speedily-implemented-only-days-after-input-deadline/
Armed forces to root out extremist groups opposing CLV-DTA amid protests overseas
Government officials and armed forces condemned anti-Cambodia-Lao-Vietnam Triangle Area (CLV-DTA) activists and pledged to suppress any activities initiated by the “extremist opposition groups” based overseas who are “attempting to overthrow the government”. ...
Khuon Narim and Tep Suokeany
https://cambojanews.com/armed-forces-to-root-out-extremist-groups-opposing-clv-dta-amid-protests-overseas/
MLVT opens foreign employee quota applications for 2025
Cambodia’s chief regulator of the human resources industry, the Ministry of Labour and Vocational Training (MLVT), has officially commenced the application process for business enterprises operating in the Kingdom to apply for their respective ‘foreign employee quotas’ in 2025. ...
James Whitehead
https://www.khmertimeskh.com/501553289/mlvt-opens-foreign-employee-quota-applications-for-2025/
Central bank mulls its inflation response
Cambodia’s central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and Spokeswoman Nguon Sokha said yesterday. Increases in commodity prices and petroleum has led to rising ...
MRC documents fish species found in Upper Mekong in China
The Mekong River Commission has documented 186 fish species identified by the Kunming Institute of Zoology as being found in the Upper Mekong Basin in China’s Yunnan province. A list of the species with their scientific and common Chinese names as well as their distribution in ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MDJkZjMxNzgzZjB
Supporters of 21 to march to embassies
Activists may find themselves in a showdown with police this morning during a planned vigil on Phnom Penh’s riverside and a march to several embassies. National Military Police spokesman Kheng Tito said yesterday that people supporting the release of 21 people detained during a garment strike ...
Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/supporters-21-march-embassies
Cambodians launch fresh rally against Aussie refugee deal
More than 100 human rights activists, youths and Buddhist monks marched on streets here on Friday in the latest round of protests against a refugee deal that Cambodia signed with Australia last month. Under the deal, Australia will send refugees, who intend to seek asylum in ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-10/17/c_133723949.htm
At 10th Anniversary, Arbitration Council Faces Funding Shortage
The Arbitration Council, an independent body that resolves labor disputes in Cambodia’s garment sector, celebrated its 10th anniversary yesterday, though officials expressed concern that funding for the body was due to run out in March next year. Oum Mean, secretary of state at the Ministry of ...
Koh Kong Sugar Firm Makes Offer to Return Disputed Land
The Thai owners of a pair of sugar plantations in Koh Kong province accused of forcing hundreds of farmers off their land will give the land back if it can be proved that those evicted legally own the land, rights workers and a village representative ...
http://www.cambodiadaily.com/news/koh-kong-sugar-firm-makes-offer-to-return-disputed-land-18770/
Agreement Inked on Trade Loans in Cambodia
The US Export-Import Bank (EXIM) and the Cambodia Chamber of Commerce signed an agreement on Monday that will guarantee loans offered for the purchase of US goods and services. The memorandum of understanding was signed as part of the US-Asean Trade and Investment Framework Arrangement, ...
Tourism Industry's Growth Offers Job Creation For Local Labor Force
PHNOM PENH: Cambodia is trying to boost the tourism industry after its contribution to economic growth and offering job creation as ASEAN economic integration 2015 is moving and the free flow of workforce mobilization has been needed to help ensure steady growth. Cambodia’s tourism sector, in 2011, offered 350,000 direct jobs and millions of ...
ODA Projects Signed with Japan
Agreements for two Japanese official development assistance (ODA) projects for Cambodia were recently signed at two separate ceremonies One ODA project amounts to US $53.3 million loan for the West Tonle Sap Irrigation and Drainage Rehabilitation and Improvement Project. The other project involves a US $700,000 ...
