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Cambodia launches macroeconomic surveillance database system testing

The National Bank of Cambodia (NBC) and ADB’s Economic Research and Regional Cooperation Department have launched the Macroeconomic Surveillance Database System (MSDS) testing to secure timely report of macroeconomic and financial status. ...

Khmer Times Staff
https://www.khmertimeskh.com/50902661/cambodia-launches-macroeconomic-surveillance-database-system-testing/

Cambodia puts emphasis on stability for S China Sea talks

Minister of Foreign Affairs and International Cooperation Prak Sokhonn said Cambodia welcomes the resumption of the South China Sea Code of Conduct (COC) negotiations as it reflects the commitment of ASEAN and China to maintain regional stability by managing differences as per international law.​ ...

Voun Dara
https://www.phnompenhpost.com/national/cambodia-puts-emphasis-stability-s-china-sea-talks

Siem Reap kick-starts new public service centre

Ministry of Public Works and Transport (MPWT) kick-started a new public service centre at the Heritage Walk in Siem Reap provincial city to bring the administrative access closer to the locals. ...

Khmer Times Staff
https://www.khmertimeskh.com/50899611/siem-reap-kick-starts-new-public-service-centre/

CDC approves $71 million in new investments to create 9,500 jobs

Eight new projects worth $71.4 million have been approved by the Council for the Development of Cambodia (CDC). The new projects  will create over 9,500 jobs at a critical juncture in the Kingdom’s economic recovery. ...

Michael Firn
https://www.khmertimeskh.com/50906237/cdc-approves-71-million-in-new-investments-to-create-9500-jobs/

NBC introduces overnight lending facility

The National Bank of Cambodia (NBC) has introduced a marginal lending facility (MLF) to address the short-term liquidity needs of banking and financial institutions in emergency situation to carry out their business operations. ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-introduces-overnight-lending-facility

Industrial development: empowering women in Cambodia

“I want to tell other women, be confident in yourself, believe in what you do, persevere and speak up, speak up and speak up. Not only men but also women, like my case, are able to influence the process and redirect the orientation of the ...

Khmer Times Staff
https://www.khmertimeskh.com/50945337/industrial-development-empowering-women-in-cambodia/

Japanese investments to diversify economy praised

The 22nd Cambodia-Japan Joint Committee met via video conference with more than 130 members of the private sector in attendance this week. Discussions focused on minimum wage, taxes, logistics, energy supply, automobile imports, human resource development and organising workshops to better understand supply chains, according ...

Husain Haider
https://www.khmertimeskh.com/50927114/japanese-investments-to-diversify-economy-praised/

Students plant 4,000 trees as forest fire fix

Fifty students will help plant 4,000 trees on September 5 at the Royal Academy of Cambodia’s (RAC) Techo Sen Russey Treb park in Chheb I commune of Preah Vihear province’s Chheb district. ...

Voun Dara
https://www.phnompenhpost.com/national/students-plant-4000-trees-forest-fire-fix

Business bodies to up Cambodia-Thai trade, investment

Cambodia Business Council in Thailand (CBC) and Thai Business Council in Cambodia (TBCC) entered into an official partnership to promote trade and investment between the two neighboring Southeast Asian nations. ...

May Kunmakara
https://www.phnompenhpost.com/business/business-bodies-cambodia-thai-trade-investment

AFD provides $1.8m grant to protect rubber sector in Cambodia

The Agence Française de Développement (AFD) and the Cambodian General Directorate of Rubber on Friday signed an agreement for a $1.8 million (1.5 million euro) regional grant to anticipate the possible effects of climate change and agricultural labour scarcity within the rubber industry in Southeast ...

Khmer Times Staff
https://www.khmertimeskh.com/50930382/afd-provides-1-8m-grant-to-protect-rubber-sector-in-cambodia/

‘The devil is in the details’ – Tax versus incentives in new investment law

The new Law on Investment is expected to come into force next year, 10 years after the government embarked on a plan to repeal the existing statute, which was enacted in 1994, and amended in 2003.   ...

Sangeetha Amarthalingam
https://www.phnompenhpost.com/special-reports/devil-details-tax-versus-incentives-new-investment-law

Cambodia to resume full socio-economic soon

The Minister of Economy and Finance, Mr. Aun Pornmoniroth, said that based on the continuous decline in the incidence of serious illness and deaths due to Covid-19, Cambodia will resume a full socio-economic recovery soon as the vaccination campaign is in full swing. ...

May Kunmakara
https://www.postkhmer.com/business/2021-09-10-1108-223387.html

Cambodia’s exports to Vietnam quadruple

Cambodia’s exports to Vietnam nearly quadrupled to $3.7 billion in the first nine months of this year, according to statistics from the General Department of Vietnam Customs. ...

Khmer Times Staff
https://www.khmertimeskh.com/50955269/cambodias-exports-to-vietnam-quadruple/

JICA provides concessional loan for Siem Reap water supply expansion project

The Japan International Cooperation Agency (JICA) has decided to provide approximately $58 million in concessional loan to the Royal Government of Cambodia for a project to expand water supply capacity in Siem Reap province. ...

Khmer Times Staff
https://www.khmertimeskh.com/50956841/jica-provides-concessional-loan-for-siem-reap-water-supply-expansion-project/

US remains the biggest market for exporters

The US remained the biggest market for Cambodia’s export products in 2021 despite the Covid-19 pandemic. Cambodia’s eight-month exports to the US increased sharply although some products were made without the Generalised System of Preference (GSP), which means tariffs would have been paid. ...

Chea Vanyuth
https://www.khmertimeskh.com/50952218/us-remains-the-biggest-market-for-exporters/

GDT head warns breweries over tax compliance

Cambodia’s tax chief ordered brewery and beverage plant owners to comply with tax good governance principles, including transparency, firmly suggesting that they install modern flow meter systems. ...

May Kunmakara
https://www.phnompenhpost.com/business/gdt-head-warns-breweries-over-tax-compliance

Australian support for new human rights committee

The Australia embassy is supporting the Cambodia Human Right Committee (CHRC) as it prepares to establish the new National Human Rights Committee of Cambodia (NHRC). ...

Son Minea
https://www.khmertimeskh.com/50976105/australian-support-for-new-human-rights-committee/

Cambodia optimistic about conclusion of Code of Conduct next year

Cambodia expressed its hopes that the Code of Conduct (COC) in the South China Sea will be concluded in 2022 when Cambodia holds the ASEAN chairmanship. ...

Khmer Times Staff
https://www.khmertimeskh.com/50978180/cambodia-optimistic-about-conclusion-of-code-of-conduct-next-year/

CSOs appeal for more space to air grievances, solutions to disputes

A group of 30 civil society organisations including labour unions, NGOs, community networks, indigenous peoples, youth groups and professional associations have requested that the government be more responsive to the concerns of its citizenry and allow people the freedom, opportunity and space to express their ...

Mom Kunthear
https://www.phnompenhpost.com/national/csos-appeal-more-space-air-grievances-solutions-disputes

NBC Director General Chea Serey says SMEs play an important role in supporting economic growth and improving people’s livelihoods

Ms. Chea Serey, Director General of the National Bank of Cambodia, has highlighted  the importance of small and medium enterprises (SMEs) that have contributed significantly to supporting the national economic growth and helping the livelihood of people living in rural areas. ...

Khmer Times Staff
https://www.khmertimeskh.com/50993730/nbc-director-general-chea-serey-says-smes-play-an-important-role-in-supporting-economic-growth-and-improving-peoples-livelihoods/

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