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CRF, TIKA reach MoU to improve Cambodian rice farmers’ livelihoods

The Cambodia Rice Federation (CRF) have reached a Memorandum of Understanding (MoU) with the Turkish Cooperation and Coordination Agency (TIKA), which will improve the livelihoods of rice farmers. ...

Khmer Times Staff
https://www.khmertimeskh.com/501206284/crf-tika-reach-mou-to-improve-cambodian-rice-farmers-livelihoods/

ICRC celebrates 30 years of physical rehabilitation programme in Cambodia

The International Committee of the Red Cross (ICRC) celebrated the 30th anniversary of its physical rehabilitation programme in Cambodia, having provided support to more than 166,000 people with disabilities in the country. ...

Khmer Times Staff
https://www.khmertimeskh.com/501198833/icrc-celebrates-30-years-of-physical-rehabilitation-programme-in-cambodia/

GDT earns $37 million on e-commerce VAT income

The General Department of Taxation earned e-commerce value-added tax (VAT) income of $37 million from the operation of electronic goods and services till November this year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501202644/gdt-earns-37-million-on-e-commerce-vat-income/

Mainland China largest merchandise trading partner of Cambodia in 2022

Mainland China was Cambodia’s largest merchandise trading partner last year, with a volume of $11.686 billion—up by 4.39 per cent over the 2021 figure. The former’s exports to the latter accounted for 89.38 per cent share—up by 2.87 percentage points on a yearly basis, according ...

Khmer Times Staff
https://www.khmertimeskh.com/501219676/mainland-china-largest-merchandise-trading-partner-of-cambodia-in-2022/

GDT changes VAT rules for e-commerce transactions for taxable persons who are non-resident taxpayers

The General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) has changed its instruction on implementing the value-added tax (VAT) on e-commerce transactions ...

Kang Sothear
https://www.khmertimeskh.com/501229020/gdt-changes-vat-rules-for-e-commerce-transactions/

Cambodia underlines ASEAN’s centrality, unity

Cambodia on August 8 celebrated the 56th anniversary of the Association of Southeast Asian Nations (ASEAN), stressing once again the imperative of maintaining the bloc’s centrality and unity to deal with key challenges. ...

Khmer Times Staff
https://www.khmertimeskh.com/501339418/cambodia-underlines-aseans-centrality-unity/

Toyota to produce auto wire harness in Poipet

Japan’s global enterprise Toyota Tsusho Corporation (Toyota Tsusho) plans to establish another factory to produce automotive wire harness in Cambodia, said the Council for the Development of Cambodia (CDC) in a statement. ...

Kang Sothear
https://www.khmertimeskh.com/501339087/toyota-to-produce-auto-wire-harness-in-poipet/

Cambodian travel agents meet up with Malaysian counterparts in tourism seminars

Tourism Malaysia beefs up its international marketing efforts by organising seminars in Phnom Penh and Siem Reap, packed with business-to-business (B2B) sessions and networking luncheons, to arrange possible tie-ups between Malaysian tourism industry players and its Cambodian counterparts. ...

Khmer Times Staff
https://www.khmertimeskh.com/501345769/cambodian-travel-agents-meet-up-with-malaysian-counterparts-in-tourism-seminars/

Oxfam signs MoU with Vietnam Rubber Group to promote sustainable development

Oxfam and Vietnam Rubber (VRG) Group on Friday signed a Memorandum of Understanding for a two-year project to promote sustainable development, green growth and responsible investment in the rubber value chain in Cambodia. ...

So Cheata
https://www.khmertimeskh.com/501341768/oxfam-signs-mou-with-vietnam-rubber-group-to-promote-sustainable-development/

Investment opportunities in Cambodia unveiled

Top officials of Cambodia’s highest decision-making body for private and public investments on Friday presented key potential opportunities and challenges for investment in the country to Cambodian tycoons and foreign businesspeople. ...

Kang Sothear
https://www.khmertimeskh.com/501342478/investment-opportunities-in-cambodia-unveiled/

Rubber article exports go up by 43%

Cambodia earned $385 million from the exports of rubber and rubber articles in the first seven months of the year, recording an increase of 43 percent compared to the same period last year, showed the latest trade data of the General Department of Customs and ...

Manoj Mathew
https://www.khmertimeskh.com/501346157/rubber-article-exports-go-up-by-43/

NBC: ‘Robust’ lenders to remain key growth drivers

The banking system has demonstrated its robustness through high levels of liquidity and capital, and will remain sound and resilient while playing a crucial role in supporting economic activities, despite recent global turbulence, according to the National Bank of Cambodia (NBC). ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-robust-lenders-remain-key-growth-drivers

Cambodia’s central bank says foreign reserves increased to $18.4 billion as of June

Cambodia’s international reserves had risen to $18.4 billion as of June 2023, up 3.2 percent from $17.82 billion at the end of 2022, said a report of the National Bank of Cambodia (NBC) on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501334799/cambodias-central-bank-says-foreign-reserves-increased-to-18-4-billion-as-of-june/

US remains Cambodia’s biggest export destination

The US continued to be the biggest export destination for Cambodian products despite the trade preference scheme, Generalized System of Preference (GSP), which has not been renewed since late 2020. ...

Chea Vanyuth
https://www.khmertimeskh.com/501332514/us-remains-cambodias-biggest-export-destination/

$17M investment projects in Kandal, P Sihanouk provinces

Aiding the job prospects and investment potential in two provinces in the country, the Council for the Development of Cambodia (CDC) gave approval for four new investment projects worth $17 million. ...

Adur Pradeep
https://www.khmertimeskh.com/501135969/17m-investment-projects-in-kandal-p-sihanouk-provinces/

Rising Riel in circulation earns demand in public

The prudential monetary policies and Riel promotion have built price stability of Riel, which earned public trust over the circulation of the national currency, said a senior official at the National Bank of Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501140924/rising-riel-in-circulation-earns-demand-in-public/

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