Cambodia’s banking sector has seen 17 percent rise in lending in the first nine months of the year, the central bank’s figures showed Thursday. the kingdom’s 34 commercial banks had provided a total loan of 6.89 billion U.S. dollars to customers by the end of September ...

On 24 May 2022, the Ministry of Labour and Vocational Training issued a notification on allowing workers to take one day off before and after the election day, keeping wages and other benefits the same.the ministry strongly hopes that all factory owners or directors, as ...

The General Department of Taxation (GDT) said Chinese investment is contributing greatly to The Kingdom’s tax revenue and called on Chinese companies to properly fulfil Their tax obligations. Speaking at a forum on Mechanism of Cambodia-China Fiscal Cooperation on Friday, GDT director-general Kong Vibol said: ...

The General Department of Taxation collected $2.56 billion in tax revenue between January to November this year, exceeding The 2021 targeted plan. officials and key insiders said The exceeding revenue in The tax sector reflected The government’s efforts on efficient tax collection and The business ...

On 24 April 2020, the Ministry of Environment spokesperson issued a statement to call on NGOs or associations that have been engaged in illegal activities in protected areas to stop such activities as an effort to avoid the legal confrontation. the ministry also appealed to ...

On 18 March 2021, the Ministry of Labour and Vocational Training released an announcement on the provision of allowances to 2,812 workers of factories in garment and tourism sectors whose employment contracts have been suspended in line with the third round of the Royal Government’s ...

The government has issued a total of 3.4 million land titles across The country, 500,000 of Them since a renewed push personally orchestrated by Prime Minister Hun Sen, according to new figures released by The Land Management Ministry. In a notice posted to its website Friday, ...

In the first quarter of 2022, the number of projects approved by the Council for the Development of Cambodia reached 47, an increase of 6.8 percent and the total investment touched $2,520.6 million, an increase of 14.2 percent over the same period in 2021, according ...

The Ministry of Justice conducted on a meeting on “Expedition of Procedure of Money Laundering Cases” under The presidency by Koeut Rith, Minister of Justice and The President of The Ad-Hoc Sub-Committee for The Implementation of Action Plans of The Joint Group of Asia/Pacific Group ...

The Cambodian government collected more than $1 billion in tax revenue in The first five months of The year, an increase of more than 12 percent compared to The same period last year, according to a monthly report from The General Department of Taxation (GDT) ...

Special economic zones (SEZs), billed as a one-stop shop for potential investors, have had a slow start in the Kingdom – only 13 out of 30 registered zones are operational – with many failing to get off the ground given the difficulty in providing the ...

Cambodia is one of the smallest and poorest economies in ASEAN. It accounts for only 0.7% of total regional economic activity and had the lowest GDP per capita in 2014 (Table 1). Only the Lao PDR has a smaller economy, and the next-poorest countries in ...

At 5am, without any alarm clock going off, a dozen Cambodian maids wake up with near-military precision. Over the next hour, the women sweep, wash and scrub spotless their two-storey training centre in the Cambodian capital Phnom Penh. they all want to be maids in Singapore, eager ...

The Thai embassy has released figures that show that exports to Cambodia have decreased slightly from $1.095 billion to $1.091 billion. Total trade between The nations has increased by 3.5 percent for during The first of The year when compared to last year. Cambodia has ...

Cambodian students from grade 1 to 12 will begin studying basic financial skills starting in the 2019 academic year as the National Bank of Cambodia (NBC) is now finalising the curriculum. NBC director-general Chea Serey said Thursday that the new curriculum would help boost the ...

Pro-government academic and head of Cambodia’s Royal Academy Sok Touch yesterday continued to voice support for the government’s recent actions against the opposition while dismissing US pressure for Cambodia to maintain democratic principles, claiming the “American democracy” model was not palatable to the “culture and ...

The fate of a Rohingya refugee who has chosen to return home raTher than remain in Cambodia as part of a controversial resettlement deal with Australia is now in The hands of The Myanmar government, senior officials from both countries said yesterday.Moe Htet Kyaw, second ...

A new sub-decree to allow the Cambodia Chamber of Commerce to represent the business sector overseas, will come into force next year after Prime Minister Hun Sen signs the draft into law soon, according to a Commerce Ministry official. Soeng Sophary, the ministry’s spokesperson, said the ...

The Environment Ministry is urging people, especially youth, to take part in The protection of forests and natural resources as The government is lacking manpower and equipment. Kong Siek Ly, director of The community living department at The ministry, said on Saturday that a total ...

A senior environment official yesterday alleged that the opposition Cambodia National Rescue Party and human rights groups should shoulder much of the blame for the destruction of the country’s protected areas. ...