Cambodia’s electrical exports rise to $1.4 billion in 1H
Cambodia exported $1.4 billion worth of electrical equipment and electronic components in the first half of 2023, a 1.3-fold increase year-on-year, according to the National Bank of Cambodia’s report. ...
Chea Vanyuth
https://www.khmertimeskh.com/501335905/cambodias-electrical-exports-rise-to-1-4-billion-in-1h/
Roles of Deputy Prime Ministers farmed out
The new government has outlined the job responsibilities and division of responsibilities of the Prime Minister, Deputy Prime Minister and Senior Minister in charge of special missions to ensure efficient governance. ...
Torn Vibol
https://www.khmertimeskh.com/501348056/roles-of-deputy-prime-ministers-farmed-out/
World leaders share best wishes with Hun Manet
World leaders have been quick to convey their congratulations to Hun Manet as he took the reins as Prime Minister of Cambodia on August 22. ...
Neang Sokunthea
https://www.phnompenhpost.com/national/world-leaders-share-best-wishes-hun-manet
Cambodia’s international trade recorded at almost $32 billion in first eight months
The total trade volume between Cambodia and its partners around the world reached almost $32 billion in the first eight months of 2023, down 14.5 percent compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501359286/cambodias-international-trade-recorded-at-almost-32-billion-in-first-eight-months/
Tax collection to exceed budget plan this year
The General Department of Taxation’s (GDT’s) tax collection in the first seven months of this year reached 64 percent of the budget plan for 2023, indicating that the collection will exceed the target by the end of the year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501359504/tax-collection-to-exceed-budget-plan-this-year/
NBC to intervene in foreign exchange market
The National Bank of Cambodia (NBC) will intervene in the currencies market in response to slower demand for riel and appreciation of the US dollar in the international foreign exchange market, an NBC release said. ...
Kang Sothear
https://www.khmertimeskh.com/501351238/nbc-to-intervene-in-foreign-exchange-market/
SERC ensuring investors in the securities sector are protected
Investor protection is a top priority for the Securities and Exchange Regulator of Cambodia (SERC) – the authority in charge of monitoring, supervising and developing the sector in the Kingdom – one the body places the greatest importance. ...
Phnom Penh Post Staff
https://www.phnompenhpost.com/banking-securities-business/serc-ensuring-investors-securities-sector-are-protected
Announcement of General Department of Identification on information related to the arrest of foreigners who committed crimes in Singapore in connection with money laundering
On 15 September 2023, the General Department of Identification issued an announcement on information related to the arrest of foreigners who committed crimes in Singapore in connection with money laundering on their official website. According to the announcement, Granting Cambodia nationality is in accordance with the ...
General Department of Identification
E-commerce tax earnings hit $52.2M in first 8 months
Up to 211.2 billion riel or $52.2 million of e-commerce tax revenue was collected by the General Department of Taxation (GDT) in the first eight months of 2023 amid rapid online business growth around the world, including Cambodia. ...
Hin Pisei
https://www.phnompenhpost.com/business/e-commerce-tax-earnings-hit-522m-first-8-months
Cambodia and China sign protocol of Phytosanitary requirements for fresh coconut export
Cambodia and China have recently signed a protocol of phytosanitary requirements to export fresh coconuts from Cambodia to China. ...
Khmer Times Staff
https://www.khmertimeskh.com/501363745/cambodia-and-china-sign-protocol-of-phytosanitary-requirements-for-fresh-coconut-export/
Exports to S Korea help reduce current trade deficit: pundit
Trade between Cambodia and South Korea reached nearly $504 million in the first eight months of 2023, marking an 8.4 per cent decline over the same period last year, according to the General Department of Customs and Excise (GDCE). Despite this, Cambodian exports surged by ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-s-korea-help-reduce-current-trade-deficit-pundit
Gasoline price remains stable at 4,600 riel per litre
The Ministry of Commerce on Sep 11, announced that the price of gasoline would remain the same for the next 10 days. The price of gasoline is 4,600 riel per litre, while the price of diesel is 4,750 riel per litre from September 11 to ...
Khmer Times Staff
https://www.khmertimeskh.com/501358408/gasoline-price-remains-stable-at-4600-riel-per-litre/
Cambodia imports oil, and gas products worth $2.28 billion in the first eight months of the year
Cambodia’s imports of oil and gas products totaled $2.28 billion during the January-August period this year, down 9.5 percent from last year, according to a report from the General Department of Customs and Excise on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501362703/cambodia-imports-oil-and-gas-products-worth-2-28-billion-in-the-first-eight-months-of-the-year/
Local fuel prices fall 10% amid global downticks
International fuel rates have started to fall back as India and Iran look to step up Russian crude imports, in a downward trend likely to be fuelled by cooperation between the trio of countries on reducing the pressure of the oil price crisis, economists have ...
Hom Phanet
https://www.phnompenhpost.com/business/local-fuel-prices-fall-10-amid-global-downticks
Cambodia, India ink MoU to bring tigers back to Kingdom's forests
Cambodia and India have signed a memorandum of understanding (MoU) on cooperation in biodiversity conservation and sustainable wildlife management strategies for the rehabilitation of tigers and their habitats in Cambodia. ...
Yuth Vireak
https://www.phnompenhpost.com/national/cambodia-india-ink-mou-bring-tigers-back-kingdoms-forests
Inflation nears 8 percent, riel depreciates, trade deficit narrows in June
Cambodia’s inflation has risen to 7.85 percent in June 2022 compared on a year-on-year basis to 7.17 percent the previous month, which was the highest in the last decade, while the value of Riel has fallen 0.07 percent to 4,091 riel per US dollar and ...
Kang Sothear
https://www.khmertimeskh.com/501166675/inflation-nears-8-percent-riel-depreciates-trade-deficit-narrows-in-june/
GDT revenues 96% of full-year goal
The General Department of Taxation (GDT) announced that it collected $2.69338 billion in tax revenues in the first nine months, equivalent to 95.53 per cent of the full-year target for 2022. This leaves just three months to reach the prescribed 11.419 trillion riel ($2.820 billion). ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-revenues-96-full-year-goal
Ministry of Justice conducts a meeting on “Expedition of Procedure of Money Laundering Cases”
The Ministry of Justice conducted on a meeting on “Expedition of Procedure of Money Laundering Cases” under the presidency by Koeut Rith, Minister of Justice and the President of the Ad-Hoc Sub-Committee for the Implementation of Action Plans of the Joint Group of Asia/Pacific Group ...
Khmer Times Staff
https://www.khmertimeskh.com/501104953/ministry-of-justice-conducts-a-meeting-on-expedition-of-procedure-of-money-laundering-cases/
Cambodia collects $3.26 billion in tax revenue in H1, up 22 percent
Cambodia collected $3.26 billion from all sources of taxes in the first half of 2022, up 22 percent from 2.67 billion dollars over the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501116922/cambodia-collects-3-26-billion-in-tax-revenue-in-h1-up-22-percent/
NBC sees Cambodia’s GDP growth at 5.3% in 2022
Global growth recovery and rapid resumption in economic activity will give impetus to Cambodia’s economic growth this year, according to the National Bank of Cambodia (NBC). ...
Chea Vanyuth
https://www.khmertimeskh.com/501123527/nbc-sees-cambodias-gdp-growth-at-5-3-in-2022/