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Cambodian scholar highlights Vietnam – Cambodia friendship

An in-depth article recently published on the website of the Royal Academy of Cambodia (RAC) spotlighted the Vietnam – Cambodia friendship over the past decades. ...

Khmer Times Staff
https://www.khmertimeskh.com/501142238/cambodian-scholar-highlights-vietnam-cambodia-friendship/

$300M maiden sovereign-bond issue set to begin on Sept 7: NBC

The National Bank of Cambodia (NBC) announced that it will float the 100 billion riel ($25 million) first tranche of its 1.2195 trillion riel maiden sovereign-bond issue on September 7, which financial experts point out will allow the government to diversify funding sources for national ...

May Kunmakara
https://www.phnompenhpost.com/business/300m-maiden-sover-eign-bond-issue-set-begin-sept-7-nbc

150 projects worth $3.45B approved in nine months

Cambodia has approved 150 fixed-asset investment projects worth about $3.45 billion in the January-September period of 2022, according to the Council for the Development of Cambodia (CDC)’s report yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501164016/150-projects-worth-3-45b-approved-in-nine-months/

Petrol prices decline, diesel remains steady

Retail petrol prices have experienced a slight decrease after reaching their highest levels in a year, with regular gasoline now at 4,550 riel per litre, down from 4,750 riel in the previous 10 days. Diesel prices remain unchanged at 4,850 riel per litre. ...

May Kunmakara
https://www.phnompenhpost.com/business/petrol-prices-decline-diesel-remains-steady

Cambodia attracts record foreign investment growth

Despite global and regional economic downturns due to ongoing geopolitical conflict, Cambodia continues to be a beacon for investments. In the first nine months of 2023, the Kingdom drew in fixed-asset investments worth $3.76 billion, marking an 8.6 per cent rise from the $3.46 billion ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-attracts-record-foreign-investment-growth

New commission to iron out knotty gov’t-private tax issues

Deputy Prime Minister and Minister of Economy and Finance (MEF) on Monday asked the Working Group on Law, Tax and Governance of the Government Private Sector Forum (GPS-F) to form an ad-hoc commission to solve complicated technical tax issues by the end of this year, ...

Kang Sothear
https://www.khmertimeskh.com/501375028/new-commission-to-iron-out-knotty-govt-private-tax-issues/

Cambodian PM to attend ASEAN-GCC Summit in Riyadh this week

Prime Minister Hun Manet will join other ASEAN Heads of State / Government at the Summit between ASEAN and the Gulf Cooperation Council (GCC) in Riyadh, Saudi Arabia, this week. ...

Khmer Times Staff
https://www.khmertimeskh.com/501377103/cambodian-pm-to-attend-asean-gcc-summit-in-riyadh-this-week/

Phnom Penh Governor plans to ask the Royal Government to establish a major project to solve flooding

The Phnom Penh Municipal Authority may propose to the Royal Government a large-scale initiative to address long-term flooding, which is a mechanism for resolving flooding in Phnom Penh. ...

Khmer Times Staff
https://www.khmertimeskh.com/501352470/phnom-penh-governor-plans-to-ask-the-royal-government-to-establish-a-major-project-to-solve-flooding/

Investigation to be launched into trafficking of disabled performers for street begging

The meeting to deliberate on measures to curb exploitation of vulnerable people and children. The Department of Social Affairs, Veterans, and Youth Rehabilitation of Phnom Penh have called for a thorough investigation into the activities of brokers who exploit disabled people for financial gain. ...

Khmer Times Staff
https://www.khmertimeskh.com/501353528/investigation-to-be-launched-into-trafficking-of-disabled-performers-for-street-begging/

Japan policy dialogue set for November

Following a hiatus due to the Covid-19 pandemic, Cambodia and Japan are expected to hold their 14th policy consultation meeting in November, according to the Council for the Development of Cambodia (CDC). ...

Hin Pisei
https://www.phnompenhpost.com/business/japan-policy-dialogue-set-november

GDT hopes to collect over 107% projected tax revenue for 2023

Tax revenue in 2023 is expected to achieve 107.5 per cent of the 2023 Law on Financial Management, though the projection is lower than the collection achievement last year. ...

Hin Pisei
https://www.phnompenhpost.com/business/gdt-hopes-collect-over-107-projected-tax-revenue-2023

ASEAN commits to building resilient, inclusive, people-centered community

ASEAN always takes social development as a top priority and is committed to building a resilient, inclusive, people-centred community, and effectively implementing the UN Sustainable Development Goals (SDG). ...

Khmer Times Staff
https://www.khmertimeskh.com/501369324/asean-commits-to-building-resilient-inclusive-people-centered-community/

Cambodia’s international trade reaches $35 billion in nine months

Cambodia’s international trade totalled more than $35.16 billion in the first nine months of this year, inching down 3.5 percent from the same period last year, the General Department of Customs and Excise’s report showed on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501374641/cambodias-international-trade-reaches-35-billion-in-nine-months/

Chinese modernization delivers economic growth for the world, says Cambodian Think Tank director

“China was the powerhouse of economic growth globally for the last 30 years. Now, this modernization program can help to deliver more economic growth for the world,” said Digby James Wren, a senior special adviser to, and director of the Mekong Research Center, the International ...

Khmer Times Staff
https://www.khmertimeskh.com/501190553/chinese-modernization-delivers-economic-growth-for-the-world-says-cambodian-think-tank-director/

Electric gear, linked exports record shocking 64% jump

Cambodia exported $1.090 billion worth of electrical machinery and equipment and related products in the first eight months of 2022, up 64.18 per cent from the $663.585 million recorded over the same time in 2021, according to Customs. ...

Hin Pisei
https://www.phnompenhpost.com/business/electric-gear-linked-exports-record-shocking-64-jump

Demand dip drives down int’l rubber sales by 9%

Cambodia netted more than $348 million from the export of rubber latex and wood in the first nine months of 2022, falling by nine per cent year-on-year due to downward pressure on global demand, especially from China and Europe, the latter of which has seen ...

May Kunmakara
https://www.phnompenhpost.com/business/demand-dip-drives-down-intl-rubber-sales-9

Association disputes ‘crime haven’ tag as trafficking reports mount

The Federation of Khmer Chinese in Cambodia on Wednesday disputed international media characterizations of the country as a haven for criminal syndicates as attention grows on human trafficking at scam compounds. ...

VOD Staff
https://vodenglish.news/association-disputes-crime-haven-tag-as-trafficking-reports-mount/

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