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Fujian investors eyeing P Sihanouk province

During a meeting with Minister of Industry and Handicraft Cham Prasidh on Thursday in Phnom Penh, Fujian Provincial Federation of Entrepreneurs and Enterprises deputy secretary-general Wei Zheng said the association is eyeing potential areas for investment. ...

Hin Pisei
https://www.phnompenhpost.com/business/fujian-investors-eyeing-p-sihanouk-province

Tax system to be updated to make payment easy, evasion tough

The General Department of Taxation (GDT) during a meeting on Tuesday announced a work plan for this year with an emphasis on developing a system that will make paying taxes easy and evasion difficult. ...

Hong Sovannary
https://www.khmertimeskh.com/501255720/tax-system-to-be-updated-to-make-payment-easy-evasion-tough/

Authorities seize, destroy over 28 tonnes of banned frozen meats

Over 28 tonnes of banned and tainted frozen meats were confiscated and destroyed by the General Department of Customs and Excise (GDCE) and related units between July and early August. ...

Phak Seangly
https://www.phnompenhpost.com/national/authorities-seize-destroy-over-28-tonnes-of-banned-frozen-meats

Cambodian PM calls for more action against drunk driving

Cambodian Prime Minster Hun Manet has urged the General Commissariat of National Police to further strengthen their action against drunk driving to prevent road accidents, a leading cause of deaths and injuries in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501428140/cambodian-pm-calls-for-more-action-against-drunk-driving/

Garment, footwear, and travel goods exports valued at $9.3 billion

Cambodia exported garments, footwear and travel goods worth $9.35 billion in 2019, a year-on-year increase of 11 percent, according to a report from the Ministry of Industry and Handicraft. ...

Chea Vannak
https://www.khmertimeskh.com/50692028/garment-footwear-and-travel-goods-exports-valued-at-9-3-billion

Prolonged VAT exemptions to benefit farmers

As revenues have soared, the General Department of Customs and Excise of Cambodia (GDCE) has opted not to impose new value-added taxes (VAT) on select agricultural equipment in policies set to take effect on January 1, next year. ...

Thou Vireak
https://www.phnompenhpost.com/business/prolonged-vat-exemptions-benefit-farmers

Remittances fall 17% to $1.2B in 2020: NBC data

Cambodia received $1.2 billion in remittances from migrant workers abroad last year, marking a sharp 17 per cent drop from $1.5 billion in 2019, the National Bank of Cambodia reported. ...

May Kunmakara
https://www.phnompenhpost.com/business/remittances-fall-17-12b-2020-nbc-data

World leaders share best wishes with Hun Manet

World leaders have been quick to convey their congratulations to Hun Manet as he took the reins as Prime Minister of Cambodia on August 22.​ ...

Neang Sokunthea
https://www.phnompenhpost.com/national/world-leaders-share-best-wishes-hun-manet

Kampong Speu governor courts investors in Hong Kong

Kampong Speu provincial governor Vei Samnang has pledged to attract more investment to his province. Samnang announced that he would lead a provincial delegation to Hong Kong later this month to discuss business opportunities in the Kampong Speu. ...

Van Socheata
https://www.phnompenhpost.com/business/kampong-speu-governor-courts-investors-hong-kong

NBC pushes for de-dollarisation on 43rd Riel Day

National Bank of Cambodia (NBC) deputy governor Chea Serey on March 20 made a general call to keep using the local currency in day-to-day transactions, as part of de-dollarisation and other monetary policy initiatives, as a means to promote economic development. ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-pushes-de-dollarisation-43rd-riel-day

GDT intends to simplify tax payments for all businesses

Cambodian taxes can currently be paid at 10 commercial banks, thanks to memorandums of understanding (MoU) signed by the Ministry of Economy and Finance in a bid to improve tax administration efficiency and make life easier for taxpayers, according to a General Department of Taxation ...

Hin Pisei
https://www.phnompenhpost.com/business/gdt-intends-simplify-tax-payments-all-businesses

Press release on the published article on vice's website under the headline "These People Were Arrested by the Khmer Rouge and Never Seen Again"

On 12 April 2021, the Ministry of Commerce issued a press release condemning a published article on vice’s website under the headline “these People Were Arrested by the Khmer Rouge and Never Seen Again”. the Ministry of Commerce strongly condemns this unjust act because it ...

Ministry of Commerce

Download: pdf

Outcomes of the Virtual Meeting between Samdech Akka Moha Sena Padei Techo HUN SEN, Prime Minister of the Kingdom of Cambodia, and His Excellency Narendra Modi, Prime Minister of the Republic of India, 18 May 2022

On 19 May 2022, the Ministry of Foreign Affairs and International Cooperation issued a press release on​ the outcomes of the Virtual Meeting between Samdech Akka Moha Sena Padei Techo HUN SEN, Prime Minister of the Kingdom of Cambodia, and His Excellency Narendra Modi, Prime ...

Ministry of Foreign Affairs and International Cooperation

Download: pdf

Protests ‘degrading security’

High-ranking government officials expounded on the detrimental effect political and labour demonstrations are having on Cambodia’s security during an annual meeting of police officials yesterday. In a speech to about 500 police in leadership positions, Interior Minister Sar Kheng said demonstrations, which have exploded since July’s ...

Vong Sokheng
http://www.phnompenhpost.com/national/protests-%E2%80%98degrading-security%E2%80%99

Traffic fine increase gets green light

Nearly a year after being signed into law, Cambodia’s new traffic code is just weeks from finally being enforced.National Police chief Neth Savoeun yesterday said that drivers have had plenty of notice, and the time for implementation has come. As of January 1, fines for ...

Taing Vida and Igor Kossov
http://www.phnompenhpost.com/national/traffic-fine-increase-gets-green-light

NGO embarks on mission for green SEZs

Motivated to build a green industrial zone in Cambodia, the newly-established NGO Environmental Protection Industry Associations of Cambodia (Epiac) will work with Chinese-owned industrial park developer and operator QiLu (Cambodia) Special Economic Zone Co Ltd to set a new precedent for environmentally-friendly design and construction. ...

May Kunmakara
https://www.phnompenhpost.com/business/ngo-embarks-mission-green-sezs

Forte set to insure travellers on the net

Forte Insurance, a leading general insurance company in Cambodia, officially launched the region’s first online travel insurance product. officials and insiders said the product is to serve the growing number of Cambodian outbound tourists. Youk Chamroeunrith, Forte Insurance general manager, told the Post yesterday that ...

http://www.phnompenhpost.com/2013030761798/Business/forte-set-to-insure-travellers-on-the-net.html

‘SMEs have role’ in graft fight

Small- and medium-sized enterprises (SMEs) need to intensify self-regulatory efforts against corrupt practices to help foster a stronger business environment, NGO Transparency International (TI) Cambodia said yesterday. At a seminar in Phnom Penh, TI Cambodia executive director Preap Kol told business representatives that while government corruption ...

Chan Muyhong
http://www.phnompenhpost.com/business/%E2%80%98smes-have-role%E2%80%99-graft-fight

Cambodia faces serious tax crimes, says Kong Vibol

Tax, economic, financial and money-laundering crimes have become major impediments in Cambodia’s march to progress said Kong Vibol, Director General of the General Department of Taxation (GDT) on Thursday. Internal tax authorities have been seriously facing tax crimes, he observed. ...

Kang Sothear
https://www.khmertimeskh.com/501261473/cambodia-faces-serious-tax-crimes-says-kong-vibol/

Hun Sen seeks support for river systems

Prime Minister Hun Sen on Saturday ordered all ministries and relevant institutions to prevent illegal sand dredging, fishing and the cutting down of mangrove trees. Presiding over the 5th River Festival held in Kampong Chhnang province, Mr Hun Sen said that he ordered all relevant ...

Khy Sovuthy
https://www.khmertimeskh.com/50587743/hun-sen-seeks-support-for-river-systems/

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