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Inflation nears 8 percent, riel depreciates, trade deficit narrows in June

Cambodia’s inflation has risen to 7.85 percent in June 2022 compared on a year-on-year basis to 7.17 percent the previous month, which was the highest in the last decade, while the value of Riel has fallen 0.07 percent to 4,091 riel per US dollar and ...

Kang Sothear
https://www.khmertimeskh.com/501166675/inflation-nears-8-percent-riel-depreciates-trade-deficit-narrows-in-june/

Ministry matters: Pawnshops must apply for license

The Ministry of Economy and Finance has called on all unregistered pawnshops to apply for an operating license by March 31 or face legal action, according to a government announcement on Friday. The move follows The 2010 law that first legalised pawnshops in The Kingdom, an ...

http://www.phnompenhpost.com/index.php/2012031254975/Business/ministry-matters-pawnshops-must-apply-for-license.html

National Police set to sign MoU with FBI in US

The National Police and The US Federal Bureau of Investigation will sign an MoU to create a joint taskforce to combat terrorism and cross-border crimes, National Police spokesman Lieutenant General Chhay Kim Khoeun said. National Police chief General Neth Savoeun and a delegation yesterday flew ...

Taing Vida
https://www.khmertimeskh.com/50593945/national-police-set-to-sign-mou-with-fbi-in-us/

Kingdom set to import 50K tonnes of salt amid lacklustre production

Cambodia is set to import about 50,000 tonnes of salt to supply domestic demand this year, as its production accounted for only 30 per cent, according to the Salt Producers Community of Kampot-Kep (SPCKK). This will be the second consecutive year of salt shortages and ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdom-set-import-50k-tonnes-salt-amid-lacklustre-production

Ministry to investigate ID cards

The Interior Ministry will directly investigate The identification cards of some voters – alleged by The opposition to be Vietnamese – after a study showed that data was lacking. ...

Taing Vida
http://www.khmertimeskh.com/news/34588/ministry-to-investigate-id-cards/

Economy Should Do Well, Despite China Slowdown: Experts

Although China has undergone an unprecedented economic slowdown, Chinese and Cambodian officials believe it will not seriously affect Cambodia’s economy. Over the past nine months, China’s GDP grew slightly above 7 percent, its slowest pace in 13 years, and some economists expect poor performance for the ...

Khoun Theara
http://www.voacambodia.com/content/economy-should-do-well-despite-china-slowdown-experts-cambodia-khmer/1748785.html

Ministry to open one-window service for migrants

The government has created a one-window information service to help would-be workers avoid illegal migration to Thailand as part of a bilateral agreement with Thailand, Labor Minister Ith Sam Heng said Thursday. The quick-service windows will help make sure Cambodian workers enter Thailand legally by facilitating ...

Khuon Narim
http://www.cambodiadaily.com/news/ministry-to-open-one-window-service-for-migrants-57960/

Study set to pinpoint trade flow bottlenecks at ports

The results of a crucial ongoing study will enable Cambodia to set out a framework of strategies to enhance The efficiency of The trade facilitation environment and The Kingdom’s competitiveness on The international stage, according to General Department of Customs and Excise (GDCE) director-general Kun ...

Hin Pisei
https://www.phnompenhpost.com/business/study-set-pinpoint-trade-flow-bottlenecks-ports

Taxation law may take effect in ‘next 2-3 months’: GDT

The new Law on Taxation may be promulgated as soon as “in The next two or three months”, replacing The 1997 original, aiming to bring The Cambodian tax regime more in line with current and anticipated international standards and economic environment, as well as to ...

May Kunmakara
https://www.phnompenhpost.com/business/taxation-law-may-take-effect-next-2-3-months-gdt

Cambodia’s rubber article exports rise 90 percent

Cambodia earned $215 million from the exports of rubber articles in the first two months of this year, an increase of 90 percent compared to the same period last year, according to the latest trade data of the General Department of Customs and Excise (GDCE). ...

Manoj Mathew
https://www.khmertimeskh.com/501458804/cambodias-rubber-article-exports-rise-90-percent/

Rice Harvest, Yield Up Last Year Despite Flooding

Rice production grew by 6.42 percent last year, despite vast tracts of paddy being devastated by flooding, according to figures released yesterday by the Ministry of Agriculture. In the 2011 to 2012 season, 8.78 million tons of rice were harvested from 2.78 million hectares of ...

Kith Meng re-elected as CCC president

Prominent businessman Kith Meng was re-elected yesterday as the president of the Cambodia Chamber of Commerce with the support of 15 presidents of chambers in Phnom Penh and provinces. ...

Chea Vannak
https://www.khmertimeskh.com/50643673/kith-meng-re-elected-as-ccc-president/

Dengue numbers swelling, says ministry

With cases in the past six months more than doubled compared to last year, the Ministry of Health is urging Cambodians to exercise caution as the Kingdom builds toward an expected periodic dengue outbreak. ...

Sen David and Sarah Taguiam
http://www.phnompenhpost.com/national/dengue-numbers-swelling-says-ministry

Eurocham pushes for construction rules

The European Chamber of Commerce on Monday signed an agreement with The Ministry of Land Management, Urban Planning and Construction to help it come up with development standards to increase investment in The Kingdom. ...

Igor Kossov
http://www.khmertimeskh.com/news/13748/eurocham-pushes-for-construction-rules/

Mine site in crosshairs

Officials in Ratanakkiri province are preparing to take action against an illegal mining site that is said to have been operating since at least 2006 as part Of ongoing efforts to reform the sector.Hun Bunthan, director Of the province’s Mines and Energy Department, said that ...

Phak Seangly
http://www.phnompenhpost.com/national/mine-site-crosshairs

Global economic rebound to lift Cambodia’s export and investment

The National Bank of Cambodia (NBC)’s Governor Chea Chanto has said that The global economic recovery will support Cambodia’s export and investment sectors, reinforcing its position as a pillar of support for relevant sectors, to boost The national economy into positive growth and sow The ...

Khmer Times Staff
https://www.khmertimeskh.com/50901911/global-economic-rebound-to-lift-cambodias-export-and-investment/

Lack of skills is a barrier to Cambodia becoming a high middle-income country

An official of the Ministry of Economy and Finance said that the lack of skills is a barrier to Cambodia becoming a high middle-income country, according to the vision of the Royal Government. ...

Khmer Times Staff
https://www.khmertimeskh.com/501222579/lack-of-skills-is-a-barrier-to-cambodia-becoming-a-high-middle-income-country/

Nation nears tax collection target amid challenges

The government has amassed over $3 billion in taxes during The first ten months of 2023, reaching 85.87% of The target set by The 2023 Law on Financial Management. ...

Samban Chandara
https://www.phnompenhpost.com/national/nation-nears-tax-collection-target-amid-challenges

General Department of Taxation postpones property taxes deadline again

The General Department of Taxation (GDT) Cambodia has once again announced The second postponement of 2015 tax payment for real estate by setting a new deadline to The end of November this year. ...

Siv Meng
http://www.phnompenhpost.com/real-estate/general-department-taxation-postpones-property-taxes-deadline-again

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