Cambodia earns nearly $21 million in taxes from e-commerce
Cambodia’s General Department of Taxation (GDT) made e-commerce value-added tax (VAT) income of $20.9 million from the operations of electronic goods and services in the first quarter of 2023, a GDT report said on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501278795/cambodia-earns-nearly-21-million-in-taxes-from-e-commerce/
Joint venture funds coming to Cambodia ‘by end of Q1’
The Securities and Exchange Regulator of Cambodia (SERC) is set to authorise the establishment of joint venture funds in the first quarter of this year ending March 31, as the underlying regulatory framework nears completion, paving the way for licensed companies to raise money for ...
May Kunmakara
https://www.phnompenhpost.com/business/joint-venture-funds-coming-cambodia-end-q1
Press release on Cambodia declares humanitarian aid of USD 100,000 to Türkiye
On 06 February 2023, the Ministry of Foreign Affairs and International Cooperation issued a press release on Cambodia declares humanitarian aid of USD 100,000 to Türkiye.In the spirit of close friendship, solidarity and hardship alleviation with the government of Türkiye, the Royal Government of Cambodia ...
Ministry of Foreign Affairs and International Cooperation
Cambodia’s foreign trade declines 29% in January
Cambodia’s foreign trade declined by 29 percent in January 2023 compared to the same period in 2022 and recorded $3.4 billion, according to a report by the General Department of Customs and Excise (GDCE) yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501238161/cambodias-foreign-trade-declines-29-in-january/
Over $53M in e-commerce taxes since May, GDT says
The General Department of Taxation (GDT) reports that it has collected 214.68 billion riel ($53.01 million) in taxes from e-commerce to date since May 2022 – with an above-average 36.62 billion riel or $9.04 million last month alone – in a feat seen as an ...
May Kunmakara
https://www.phnompenhpost.com/business/over-53m-e-commerce-taxes-may-gdt-says
Press release on the memorandum of understanding (MoU) on "Cooperation in Different Area of Financial Sector Development" between the National Bank of Cambodia and the National Bank of Rwanda
On 17 April 2023, the National Bank of Cambodia issued a press release on the memorandum of understanding (MoU) on “Cooperation in Different Area of Financial Sector Development” between the National Bank of Cambodia and the National Bank of Rwanda.The main purpose of this MoU ...
National Bank of Cambodia
Press release on the outcome of the plenary session of the Council of Ministers on 28 April 2023
On 28 April 2023, the Office Of the Council Of Ministers issued a press release on the outcome Of the plenary session Of the Council Of Ministers at the Peace Palace under the high presidency Of Samdech Hun Sen, Prime Minister Of the Kingdom Of ...
Office of the Council of Ministers
Drone sub-decree on way before July election
The Ministry of Interior, the State Secretariat of Civil Aviation (SSCA) and relevant state institutions are accelerating the completion of a draft sub-decree on the management of drones, in order to better guarantee security and public order ahead of the 7th parliamentary election. ...
Sok Raksa
https://phnompenhpost.com/national/drone-sub-decree-way-july-election
GDP seeking solution to Ratanakkiri prison land dispute
The General Department of Prisons (GDP) is planning to establish an ad-hoc working group to cooperate with the Ratanakkiri Provincial Administration to find a solution to a land dispute concerning the provincial prison. The announcement followed a December report by a local online media outlet on ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/gdp-seeking-solution-ratanakkiri-prison-land-dispute
Announcement of the Economic and Financial Policy Committee on the instruction of the royal government of Cambodia on measures to support the development of construction and real estate in borey
On 12 April 2023, the Ministry of Economy and Finance has posted an announcement on the instruction of the royal government of Cambodia on measures to support the development of construction and real estate in borey on their official social media site. According to the announcement, ...
Ministry of Economy and Finance
Two companies to invest $40 million in Cambodian islands
The Council for the Development of Cambodia (CDC) has approved two investment projects worth nearly $40 million to develop two islands in Koh Kong and Preah Sihanouk provinces. ...
Seng Mengheng
https://kiripost.com/stories/two-companies-to-invest-40-million-in-cambodian-islands
PM orders the judiciary to join out-of-court solution
Prime Minister Hun Sen said he has ordered the government’s lawyers, judicial officials, and legal experts to cooperate jointly with local officials to boost out-of-court dispute settlements at the community level. ...
Son Minea
https://www.khmertimeskh.com/501304394/pm-orders-the-judiciary-to-join-out-of-court-solution/
Inter-ministerial commission formed to oversee canal project
The government has established an inter-ministerial commission to implement the long anticipated Bassac-Kep river navigation and logistics system, a first-of-its-kind waterway transportation project in Cambodia which has been named the “Funan Techo Canal”. ...
Sok Raksa
https://www.phnompenhpost.com/national/inter-ministerial-commission-formed-oversee-canal-project
Cabinet adopts draft law on Civil Registration and ID
The Council of Ministers on Friday passed the draft law on Civil Registration and Identification to further strengthen the protection of the right to improve the quality of all types of services for the people. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501294133/cabinet-adopts-draft-law-on-civil-registration-and-id/
New draft law on SEZs finalised
The Council for the Development of Cambodia recently finalised a new draft law on special economic zones (SEZs), aiming to attract investment into the country by providing incentives, enhancing transparency, and promoting fair competition. ...
Chea Vanyuth
https://www.khmertimeskh.com/501296505/new-draft-law-on-sezs-finalised/
Government plans to create up to 300,000 new jobs a year
The Royal Government of Cambodia is committed to create between 200,000 and 300,000 new jobs annually. ...
Khmer Times Staff
https://www.khmertimeskh.com/501313801/government-plans-to-create-up-to-300000-new-jobs-a-year/
Financiers taking national ID cards as collateral to face action
Cambodia’s Ministry of Interior has issued a warning against the use of national identity cards as collateral for loans as it violates the guidelines of the National Bank of Cambodia (NBC). ...
Nhean Chamrong
https://www.khmertimeskh.com/501321287/financiers-taking-national-id-cards-as-collateral-to-face-action/
Japan university holds online fair for students from ASEAN members
Okayama University, one of Japan’s top public universities, is holding an online “Study in Japan 2023” fair for Cambodians who wish to pursue their tertiary education. ...
Ry Sochan
https://www.phnompenhpost.com/national/japan-university-holds-online-fair-students-asean-members
Cambodia, Switzerland vow to step up trade ties
Cambodia and Switzerland have pledged to further strengthen trade relations and look into establishing a bilateral free trade agreement (FTA), as import-export flows between the two countries passed the $1.4 billion mark in 2022, according to a Ministry of Commerce statement. ...
Hin Pisei and Van Socheata
https://www.phnompenhpost.com/business/cambodia-switzerland-vow-step-trade-ties
