Remittances fall 17% to $1.2B in 2020: NBC data
Cambodia received $1.2 billion in remittances from migrant workers abroad last year, marking a sharp 17 per cent drop from $1.5 billion in 2019, the National Bank of Cambodia reported. ...
May Kunmakara
https://www.phnompenhpost.com/business/remittances-fall-17-12b-2020-nbc-data
Cambodia studies impacts of undersea fiber optic cables
The Kingdom is studying the environmental impacts from the construction of undersea fiber optic cables connecting Hong Kong to Preah Sihanouk province at a distance of over 300km. ...
Lay Samean
https://www.phnompenhpost.com/national/cambodia-studies-impacts-undersea-fiber-optic-cables
Potential of renewable energy sources in Cambodia’s growing market
Cambodia, a rapidly developing Southeast Asian nation, has been experiencing significant economic growth in recent years. With a GDP growth rate of 7.1% in 2019, the country has been making strides in various sectors, including agriculture, manufacturing, and tourism. One of the most critical challenges ...
Khmer Times Staff
https://www.khmertimeskh.com/501311118/potential-of-renewable-energy-sources-in-cambodias-growing-market/
Joint media release on National Bank of Cambodia and Monetary Authority of Singapore sets up Financial Transparency Corridor to support SMEs
On 11 July 2023, the National Bank of Cambodia issued a joint media release on National Bank of Cambodia and Monetary Authority of Singapore sets up Financial Transparency Corridor to support SMEs.The FTC is an information sharing platform which will facilitate the exchange of financial ...
National Bank of Cambodia
New ‘Taxation Law’ a shot in the arm for taxpayers
The new Taxation Law encompassing the earlier provisions of the taxation law (1997), annual budget laws of the Kingdom of Cambodia time and decrees and codes of the People’s Republic of Kampuchea (PRK) and the State of Cambodia (SOC) is seen as simple, flexible and ...
Kang Sothear
https://www.khmertimeskh.com/501302182/new-taxation-law-a-shot-in-the-arm-for-taxpayers/
Cambodian PM calls for more action against drunk driving
Cambodian Prime Minster Hun Manet has urged the General Commissariat of National Police to further strengthen their action against drunk driving to prevent road accidents, a leading cause of deaths and injuries in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501428140/cambodian-pm-calls-for-more-action-against-drunk-driving/
Lack of construction regulations a concern
Cambodia is experiencing a runaway property boom that must be constrained by laws and regulations in order to draw investment from European developers, which are largely absent in the country, experts said at an industry conference in Phnom Penh on Wednesday. Simon Griffiths, senior manager at ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/lack-of-construction-regulations-a-concern-68862/
Hun Sen’s lawyer receives promotion
After leading the legal team that won the widely condemned dissolution of the CNRP at the Supreme Court in November, Ky Tech, lawyer for the Council of Ministers and Prime Minister Hun Sen, has been given a rank equivalent to minister just weeks after he ...
Mech Dara
http://www.phnompenhpost.com/national/hun-sens-lawyer-receives-promotion
Statement: CamboJA calls on authorities to bring perpetrators attacking on journalist in Siem Reap and calls for justice
On 16 March 2021, the Cambodian Journalists Alliance Association (CamboJA) issued a statement calls on authorities in Siem Reap to bring perpetrators attacking Khmer Empire News who is named Pran Sean to justice. This is not the first time that journalists who are playing a ...
Cambodian Journalists Alliance Association
USAID Report Offers New Way to Protect Prey Long Forest
The government should abandon its current management of Prey Long forest and shift to a plan that conserves the forst while also optimizing its economic uses, such as agriculture, carbon credits and controlled timber exploitation, according to a recent report by the US Agency for ...
Hungarian commercial office to open in capital
Hungarian businesses are keeping their eyes on Cambodia for investment, said László Kövér, speaker of the National Assembly of Hungary, during an official visit to the Kingdom. ...
Ven Rathavong
http://www.khmertimeskh.com/news/17449//
Slight dip in rice yields ‘won’t affect exports’
As the harvest of wet-season rice ends this month, a report from the Ministry of Agriculture says the yield will fall slightly below the target but this will not affect exports. ...
Sok Chan
http://www.khmertimeskh.com/news/17674/slight-dip-in-rice-yields----won---t-affect-exports---/
Hun Sen offers more land to Boeng Kak holdout families
Prime Minister Hun Sen, in an attempt to settle an eight-year land dispute, on Tuesday offered additional land in the Boeng Kak lake development to the seven families who had not yet accepted compensation. ...
Sek Odom
https://www.cambodiadaily.com/news/hun-sen-offers-more-land-to-boeng-kak-holdout-families-133914/
IFC Ombudsman to help settle Phnom Penh airport land dispute
Representatives for the hundreds of families facing eviction from homes around Phnom Penh International Airport have agreed to let the compliance ombudsman of the International Finance Corporation (IFC), the private investment arm of the World Bank, mediate a solution to the land dispute with the ...
Aun Pheap and Zsombor Peter
http://www.cambodiadaily.com/news/ifc-ombudsman-to-help-settle-phnom-penh-airport-land-dispute-53146/
Court asked to cancel warrant for 'Crocodile Grandma'
Defence lawyers representing well-known businesswoman Chhin Sokountheary, also known as the “Crocodile Grandma”, requested the Court of Appeal to consider voiding the tycoon’s warrant for arrest yesterday. Sokountheary was convicted for encroaching on public land and sentenced in absentia to four years and six months in ...
Buth Reaksmey Kongkea and Amelia Woodside
http://www.phnompenhpost.com/national/court-asked-cancel-warrant-crocodile-grandma
Cambodia reports 17th human case of bird flu this year
A six-year-old boy from Cambodia’s southern Kandal Province has been confirmed for the H5N1 virus, bringing the number of the cases to 17 so far this year, a joint statement by the World Health Organization and Cambodian Health Ministry said Wednesday. “The boy has now ...
http://news.xinhuanet.com/english/health/2013-08/21/c_132651265.htm
Ministry of Public Works sells $ 61 million in special license plate and personal plate numbers
Ministry of Public Works and Transport said that the sale of special license plate numbers and personal license plate numbers for cars totaled more than 180,000 license plates, including with a total budget of more than $ 61 million in the first nine months of ...
Long Kimmarita
https://www.postkhmer.com/national/2021-10-01-0856-224490.html
VISA commits to promotion of e-commerce and digital economy of Cambodia
VISA has committed to the enhancement of e-commerce and digital economy of Cambodia, affirmed Chris Clark, VISA’s Regional President for Asia Pacific, while paying a courtesy call on Pan Sorasak, Minister of Commerce, at the ministry office yesterday afternoon. ...
Khmer Times Staff
https://www.khmertimeskh.com/501257303/visa-commits-to-promotion-of-e-commerce-and-digital-economy-of-cambodia/
SEZs drive $26B exports since 2011
Cambodia has 24 special economic zones (SEZ) operating from 2016 to the end of the first half of 2023, with capital investment of $8.1 billion, mainly in sectors such as garment, footwear and travel products, auto parts, electronics, car tyre manufacturing, automotive and bicycle assembly. ...
May Kunmakara
https://www.phnompenhpost.com/business/sezs-drive-26b-exports-2011
Hun Sen defends new Consultation Forum
Prime Minister-designate Hun Sen on Thursday defended his establishment of the Consultation Forum, saying it gives opposition parties an opportunity to contribute to nation-building. Speaking to over 17,000 garment workers in Kandal province, the Cambodian People’s Party leader was responding to criticisms from some members ...
Ben Sokhean
https://www.phnompenhpost.com/national/hun-sen-defends-new-consultation-forum