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
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/
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
Cambodia’s exports 8 percent down in first two months, commerce ministry wants to reassure
Cambodia sees a fall in exports in the first two months of 2023, down 8.6 percent compared to the same period last year. It is, however, not a worrying sign, the Commerce Ministry said. ...
Teng Yalirozy
https://cambodianess.com/article/cambodias-exports-8-percent-down-in-first-two-months-commerce-ministry-wants-to-reassure
CENTRAL advises migrant workers of rights
The Centre for Alliance of Labour and Human Rights (CENTRAL) is carrying out an awareness campaign among the public about the potential risks of migrating to find work in Thailand. The organisation warned that many Cambodians were continuing to use the services of brokers to ...
Chea Sokny
https://www.phnompenhpost.com/national/central-advises-migrant-workers-rights
