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/
Cambodian official says that Vietnam develops in all fields
Over the past 77 years, Vietnam, under the sound leadership of the Communist Party of Vietnam and the Government, has grown in all spheres, bring progress, prosperity, and better prestige to the nation in the region and in the world, said a Cambodian official. ...
Khmer Times Staff
https://www.khmertimeskh.com/501139977/cambodian-official-says-that-vietnam-develops-in-all-fields/
SERC begins probe into illegal investment schemes
The Securities and Exchange Regulator of Cambodia (SERC) in collaboration with relevant authorities has started investigating non-governmental organisations (NGOs), associations, companies and individuals that have illegal investment schemes to collect funds from the public, said a top official of the regulator. ...
Kang Sothear
https://www.khmertimeskh.com/501188706/serc-begins-probe-into-illegal-investment-schemes/
Cambodia-China trade up 15.6 pct in first 7 months
Trade volume between Cambodia and China was valued at $6.97 billion in the first seven months of 2022, up 15.6 percent year-on-year, according to the General Department of Customs and Excise’s report released on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501130174/cambodia-china-trade-up-15-6-pct-in-first-7-months/
MoU to boost aviation ties with Timor-Leste
Cambodia has signed a Memorandum of Understanding (MoU) with Timor-Leste on air transport services, aiming to boost bilateral trade between the two countries. ...
Mao Sreypich
https://kiripost.com/stories/mou-to-boost-aviation-ties-with-timor-leste
Cambodia, UNCDF sign MoU on extension of bilateral agreement
The Ministry of Economy and Finance, and the United Nations Capital Development Fund signed here on Thursday a memorandum of understanding (MoU) on the extension of agreement between the two parties. ...
Khmer Times Staff
https://www.khmertimeskh.com/501135088/cambodia-uncdf-sign-mou-on-extension-of-bilateral-agreement/
Cambodia’s 2022 exports valued at more than $22 billion
The export volume of Cambodia for the past year was valued at $22.44 billion, while import reached $25.46 billion. ...
Khmer Times Staff
https://www.khmertimeskh.com/501233389/cambodias-2022-exports-valued-at-more-than-22-billion/
Cambodia, Germany explore investment diversification
German delegation led by Michael Keller, Secretary of State of the Federal Ministry of Economic Affairs and Climate Action yesterday called on Sok Chenda Sophea, Minister attached to Prime Minister and Secretary General of the Council for the Development of Cambodia (CDC)—the highest decision making ...
Kang Sothear
https://www.khmertimeskh.com/501239504/cambodia-germany-explore-investment-diversification/
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
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
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
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