Cambodia seals DTA deal with Philippines
Following a series of negotiations spanning nearly five years, the Cambodian and Philippines governments have concluded the final draft of a double taxation agreement (DTA) between the two nations, in a bid to improve trade and ease investment mechanisms. ...
James Whitehead
https://www.khmertimeskh.com/501483860/cambodia-seals-dta-deal-with-philippines/
Stringent rules for meat importers soon, says GDCE
The General Department of Customs and Excise (GDCE) of Cambodia said that after a meeting with meat importers, it will be setting more stringent guidelines and conditions for those operating in this sector. ...
Rachel David
https://www.khmertimeskh.com/501470201/stringent-rules-for-meat-importers-soon-says-gdce/
Cambodia gears up for LDC graduation challenges
While exiting the Least Developed Country (LDC) status is considered a development milestone for Cambodia, it also means loss of trade benefits enjoyed by LDCs, including duty-free status under the Generalized System of Preferences by various countries especially the European Union. ...
Manoj Mathew
https://www.khmertimeskh.com/501475821/cambodia-gears-up-for-ldc-graduation-challenges/
Cambodia, South Korea sign memorandum of understanding on six documents
The Government of Cambodia and the Republic of Korea (ROK) signed a Memorandum of Understanding (MoU) on six documents on the morning of May 16, under the chairmanship of Cambodian Prime Minister Hun Manet and South Korean President Yoon Suk Yeol. ...
Khmer Times Staff
https://www.khmertimeskh.com/501489599/cambodia-south-korea-sign-memorandum-of-understanding-on-six-documents/
GDCE workshop updates officials on e-payment
In an effort to ensure customs and excise officials are updated on the latest in payments, the National School of Customs, General Department of Customs and Excise of Cambodia (GDCE), on Monday organized a workshop. ...
Rachel David
https://www.khmertimeskh.com/501496412/gdce-workshop-updates-officials-on-e-payment/
Bicycle exports down 37 percent in Jan-May
Cambodia’s bicycle exports fell 37 percent year-on-year in the first five months this year, said a report of the General Department of Customs and Excise (GDCE). ...
Chea Vanyuth
https://www.khmertimeskh.com/501505084/bicycle-exports-down-37-percent-in-jan-may/
FDI inflows hit $48.4 billion in Cambodia in six years
Foreign direct investment (FDI) in Cambodia reached 197.8 trillion riels, ($48.4 billion) between 2018-2023, said the National Bank of Cambodia (NBC) on Tuesday. ...
Rachel David
https://www.khmertimeskh.com/501509131/fdi-inflows-hit-48-4-billion-in-cambodia-in-six-years/
Minister of Commerce recommends five points to promote the export of Cambodian products
Cham Nimul, Minister of Commerce, on May 27, presided over the opening ceremony of the seminar on “Beyond Borders: Bringing Cambodian Products to Global Markets through Alibaba.com, ”which was attended by leaders of the Ministry of Commerce, representatives of the Ministry of Posts and Telecommunications, ...
Khmer Times Staff
https://www.khmertimeskh.com/501495567/minister-of-commerce-recommends-five-points-to-promote-the-export-of-cambodian-products/
Report was to improve workers’ condition, CENTRAL clarifies; Interior Ministry investigates
The Center for Alliance of Labor and Human Rights (CENTRAL) clarified that its report, which highlighted restrictions on freedom of association, was aimed at improving workers’ conditions and ensuring respect for the rights of trade unions and leaders. ...
CamboJA staff
https://cambojanews.com/report-was-to-improve-workers-condition-central-clarifies-interior-ministry-investigates/
CDC, Chinese embassy agree to beef up infra investment
The Council for the Development of Cambodia (CDC) and the Embassy of the People’s Republic of China in Cambodia (ECC) Wednesday discussed ways to take the existing diplomatic ties between the two countries to the next level by promoting investment activities and supporting the development ...
Nhean Chamrong
https://www.khmertimeskh.com/501529679/cdc-chinese-embassy-agree-to-beef-up-infra-investment/
ASEAN, including Cambodia, discuss economic ties
Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation (MFAIC) and leaders of the ASEAN community discussed ways to strengthen cooperation in the fields of green transition, blue economy, climate change, energy and food security, digital transformation and supply chain ...
Nhean Chamrong
https://www.khmertimeskh.com/501531492/asean-including-cambodia-discuss-economic-ties/
Carlsberg promises support
Danish brewer Carlsberg has vowed to improve the working conditions of Angkor and Carlsberg beer promoters in Cambodia as it tries to stamp out coerced workplace drinking. The company announced late last week it had joined forces with the Danish Confederation of Trade Unions (LO) to ...
Inflation Report To Be Delayed Official Says
With prices creeping upward and the central bank looking to take monetary action to fight inflation, the government has suspended the publication of the monthly Consumer Price Index, an official at the Ministry of Pallning said yesterday. Sam Saroeun, deputy director of the statistic department ...
Vietnamese bank upgrades business form to boost investment in Cambodia
The increasing number of Vietnamese investors gives more potential to the Cambodia market. Saigon Though Tin Commercial Bank (Sacombank), on October 5, opened fully its operation as a foreign bank in Cambodia where before it was just a branch in Phnom Penh after the business ...
Cambodia, Bangladesh ink visa exemption deal for diplomatic, official passport holders
Cambodia and Bangladesh on Friday signed a visa-free agreement for diplomatic and service passport holders in a bid to strengthen bilateral ties in politics, trade, investment and tourism, officials said. The deal was inked here between Long Visalo, secretary of state at Cambodian Ministry of Foreign ...
http://news.xinhuanet.com/english/world/2013-05/03/c_132357925.htm
GMAC Defends Use of Force Against Striking Workers
A senior member of the Garment Manufacturer’s Association in Cambodia (GMAC) on Sunday endorsed the use of deadly force by military police against striking garment workers, which left five dead and more than 20 with gunshot wounds. “GMAC condemns the use of violence, period,” he ...
Aun Pheap and Zsombor Peter
http://www.cambodiadaily.com/news/gmac-defends-use-of-force-against-striking-workers-50136/
Garment wage talks fall apart
The tripartite working group set up to negotiate and advise the Ministry of Labour’s Labour Advisory Committee (LAC) on next year’s minimum wage in Cambodia’s garment sector has stopped meeting after reaching a stalemate. Made up of 27 members – nine each from employers, the government ...
Sean Teehan and Mom Kunthear
http://phnompenhpost.com/national/garment-wage-talks-fall-apart
National Rail Project on Hold ‘Indefinitely’
Work on a $143 million donor project to renovate the country’s creaking railway system, which is already over budget and years behind schedule, is now indefinitely postponed due to a lack of funds, with more than 300 km of rail still to be laid, a ...
Phorn Bopha
http://www.cambodiadaily.com/news/national-rail-project-on-hold-indefinitely-51323/
Hun Sen offers more land to Boeng Kak holdout families
Prime Minister Hun Sen, in an attempt to settle an eight-year land dispute, on Tuesday offered additional land in the Boeng Kak lake development to the seven families who had not yet accepted compensation. ...
Sek Odom
https://www.cambodiadaily.com/news/hun-sen-offers-more-land-to-boeng-kak-holdout-families-133914/
Kem Sokha, Hun Sen offer very different hopes for 2018
Prime Minister Hun Sen and former opposition leader Kem Sokha offered starkly divergent New Year’s messages to the Cambodian people, with the former hailing the Kingdom’s “stability” even as the latter grimly warned that recent democratic backsliding could lead to a “fragmented nation”. ...
Ben Sokhean
http://www.phnompenhpost.com/national/kem-sokha-hun-sen-offer-very-different-hopes-2018