On 06 July 2017, the General Department of Taxation has issued a notice to all financial institutions operating in the Kingdom of Cambodia to be aware that the implementation of a May 25 prakas that more clearly defines the government’s laws for nontaxable supplies concerning ...

Cambodia and China reached here yesterday six memorandums of understanding (MoUs) in order to further tighten and expand the cooperation between the two countries. The signing ceremony was witnessed by Cambodian Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen and visiting H.E. Liu Yunshan, ...

Representatives from trade unions and employers associations will put forward a request to the European Union and the United States to consider extending preferential treatment – also known as the Generalized System of Preferences (GSP) – for a number of Cambodian products. ...

Despite a 31 percent increase in Cambodian rubber exports during the first 11 months of this year, the Ministry of Agriculture is failing to recoup on expenses it has spent sending expert technicians into the field in order to help boost production. ...

Prime Minister Hun Sen yesterday pledged to start a new bank with an initial capital of $100 million to provide financing for small and medium enterprises (SMEs), with industry players saying its success hinged on whether concessional or low interest rates could be provided to ...

Four new Cambodian cement factories are set to come online in the near future, tripling the number of local producers, but insiders and officials this week maintained that even increased capacity will not significantly lower rates of cement imports to Cambodia due to prevailing high ...

The Securities and Exchange Commission of Cambodia (SECC) has decided to slash transaction fees on derivative trading, a move the SECC claims will help spur future trades. ...

Officials from the Preah Vihear provincial Land Management Department and Rovieng district yesterday inspected a piece Of land at the centre Of a dispute between gold mining company Delcom and 56 families following a petition the families filed last month at the Ministry Of Land ...

Starting on April 1, the Electricity Authority of Cambodia (EAC) will continue to bring down the cost of electricity for households and enterprises in Phnom Penh and a number of provinces, according to a recent announcement by the agency. In a statement released earlier this month ...

The government has set May 20 as a National Day of Remembrance, an official national holiday to commemorate the victims and suffering that occurred during the Democratic Kampuchea regime. According to a government sub-decree signed by Prime Minister Hun Sen on February 14, the holiday was ...

Ticon Industrial Connection Plc, a Thai-based factory and warehouse developer, is expanding its operations into fast-growing Southeast Asian economies, including Cambodia, to help offset sluggish growth at home. ...

The Cambodia Chamber of Commerce (CCC) and China Foreign Trade Center on Tuesday signed a cooperation agreement with the aim of exchanging business and investment information between the two countries. CCC director-general Nguon Meng Tech told Khmer Times yesterday after the agreement signing that both sides ...

A slow growth in tourism, and a slowdown in the logistics and real estate sectors could cumulatively have a knock-on effect that will threaten the overall growth of the country’s services sector, a report from the Ministry of Economy and Finance said yesterday. ...

Speakers at a government forum held yesterday on macroeconomic management and the 2017 budget law said Cambodia’s strong economic growth has been largely unscathed by China’s slowdown, though clouds were forming on the horizon. ...

The Foreign Affairs Ministry expects to complete construction on its first training institute for local diplomats in the next 18 months, officials said Monday. Foreign Affairs Ministry spokes-man Chum Sounry said work on the National Institute for diplomatic and Relations of International Study began in December. ...

The rainy season will start in the first week of May, with heavy rain, storms and thunder, the Water Resources and Meteorology Ministry predicts. Some areas on the plains face high risks from heavy rain in the middle of the season. ...

Against a backdrop of government criticism of local election watchdogs, Deputy Prime Minister Hor Namhong has been elected vice president of the standing committee of the election monitor ICAPP, which has frequently been criticised for indiscriminately offering its stamp of approval to otherwise controversial elections. ...

The Kingdom’s investment authority signed an agreement yesterday to promote and protect investments between the United Arab Emirates (UAE) and Cambodia, a move government officials hope will attract foreign direct investment from the oil-rich Gulf state, which currently stands at almost zero. ...

Cambodia and Bangladesh announced a potentially massive rice deal yesterday that would deliver up to 1 million tonnes of local rice to the South Asian nation over the next five years, provided they agree on the pricing terms. ...

The investor in Cambodia’s first large scale marine fish farm project in Preah Sihanouk province, that was approved by the Council for the Development of Cambodia (CDC) in April, has been asked to submit an environmental impact assessment study to the Ministry of Environment before ...