Binance to assist Cambodia in developing digital asset regulations
Crypto exchange Binance has signed a memorandum of understanding with the Securities and Exchange Regulator of Cambodia (SERC), according to a June 30 announcement. ...
Khmer Times Staff
https://www.khmertimeskh.com/501104974/binance-to-assist-cambodia-in-developing-digital-asset-regulations/
World Bank report calls for transportation infrastructure improvements in Cambodia
The cost of logistics in Cambodia is partially to blame for being a drag on the country’s ability to compete with neighboring supply chains, a World Bank Group report found. ...
Khmer Times Staff
https://www.khmertimeskh.com/501116964/world-bank-report-calls-for-transportation-infrastructure-improvements-in-cambodia/
Cambodia exports surge 40 percent in H1
Cambodia saw high growth in exports in the January-June period this year, driven by the resumption of socio-economic activities, trade preferences in the Regional Cooperation Economic Partnership and the bilateral free trade agreement with China. ...
Chea Vanyuth
http://khmertimeskh.com/501111390/cambodia-exports-surge-40-percent-in-h1/
Defence cooperation – Important pillar in Vietnam-Cambodia ties
President Nguyen Xuan Phuc hosted a reception in Hanoi on August 9 for Lt. Gen. Hun Manet, Deputy Commander-in-Chief of the Royal Cambodian Armed Forces (RCAF) and Commander of the Royal Cambodian Army. ...
Khmer Times Staff
https://www.khmertimeskh.com/501130225/defence-cooperation-important-pillar-in-vietnam-cambodia-ties/
COVID-19 pandemic accelerates digital transformation in Cambodia
Cambodian Prime Minister Hun Sen said here on Wednesday that the COVID-19 pandemic in the last two years has sped up digital transformation in the Southeast Asian country. ...
Khmer Times Staff
https://www.khmertimeskh.com/501134329/covid-19-pandemic-accelerates-digital-transformation-in-cambodia/
Cambodia, China to expand cooperation in education sector
China’s ambassador to Cambodia Wang Wentian said China and Cambodia will push for closer cooperation in the education sector as the two countries observe the “China-Cambodia Friendship Year” in 2023. ...
Ry Sochan
https://www.phnompenhpost.com/national/cambodia-china-expand-cooperation-education-sector
China strengthens investment in Cambodia
The Council for the Development of Cambodia (CDC) has announced that it approved 113 new investment and expansion projects with combined registered capital of about $1.1 billion in the first half of this year, of which nearly 65% came from Chinese investors. ...
Khmer Times Staff
https://www.khmertimeskh.com/501324125/china-strengthens-investment-in-cambodia/
New ‘Taxation Law’ a shot in the arm for taxpayers
The new Taxation Law encompassing the earlier provisions of the taxation law (1997), annual budget laws of the Kingdom of Cambodia time and decrees and codes of the People’s Republic of Kampuchea (PRK) and the State of Cambodia (SOC) is seen as simple, flexible and ...
Kang Sothear
https://www.khmertimeskh.com/501302182/new-taxation-law-a-shot-in-the-arm-for-taxpayers/
China continues to top table of foreign investment in Cambodia
China remains Cambodia’s top investor while the US sits at the bottom of the scale, with a socio-economic expert warning about the need to balance relations between the two superpowers. ...
Meas Molika
https://kiripost.com/stories/china-continues-to-top-table-of-foreign-investment-in-cambodia
Firm to boost live shrimp exports to China in ’24
A Local firm is planning to increase its export of live mantis shrimp to the Chinese market this year, after several shipments proved to be a commercial success in the Chinese market in 2023. ...
Van Socheata
https://www.phnompenhpost.com/business/firm-to-boost-live-shrimp-exports-to-china-in-24
Canal restoration in Preah Sihanouk set to be done in three months
Minister of Public Works and Transport Sun Chanthol said at the start of the restoration of five canals in Preah Sihanouk province on Monday that the work had to be completed in three months to avoid further flooding. A report by the Ministry of Public ...
Voun Dara
https://www.phnompenhpost.com/national/canal-restoration-preah-sihanouk-set-be-done-three-months
Angkor marks 65 percent drop in foreign visitors in five months
Cambodia’s Angkor Archeological Park received 386,093 foreign tourists during the first five months of 2020 down by 64 percent over the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50729110/angkor-marks-65-percent-drop-in-foreign-visitors-in-five-months/
Customs collected nearly $600 million in revenue in the first quarter of this year
The General Department of Customs and Excise of Cambodia (ACC) collected 2,428.6 billion Riels, equivalent to $597.6 million or approximately 23.2percent of the plan set by the Financial Law for 2022 management. ...
Khmer Times Staff
https://www.khmertimeskh.com/501059681/customs-collected-nearly-600-million-in-revenue-in-the-first-quarter-of-this-year/
Japanese SMEs interested in investing in Cambodia’s two key areas
Japanese small and medium enterprises (SMEs) are interested in invested in two main sectors in Cambodia, visiting Fumiaki Takahashi, President of the Japan-Cambodia Association (JCA) told the Cambodia Prime Minister in a courtesy meeting here at the Peace Palace yesterday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501359272/japanese-smes-interested-in-investing-in-cambodias-two-key-areas/
MGC Museum’s staff trained in silk weaving at IKTT Centre in Angkor
A key partnership was established between UNESCO and the APSARA National Authority in August 2022 for the implementation of the project “Promoting sustainable tourism and private sector engagement for inclusive community development in response to the COVID-19 crisis”, with the financial support of the German ...
Khmer Times Staff
https://www.khmertimeskh.com/501195314/mgc-museums-staff-trained-in-silk-weaving-at-iktt-centre-in-angkor/
3,000 saplings planted in Mondulkiri in effort to ‘undo deforestation’
In a spirited effort to revitalise a crime-ravaged landscape, Wildlife Conservation Society (WCS) Cambodia – alongside USAID Morodok Baitang, the Mondulkiri provincial environment department and Keo Seima district authorities – embarked on a rejuvenating mission on June 19. They began the resurrection of the Sre ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/3000-saplings-planted-mondulkiri-effort-undo-deforestation
Cambodia records 513 percent increase in tourist arrivals in 1st 4 months
Cambodia received some 1.72 million international visitors in the first four months of 2023, a significant rise of 613 percent from merely 241,485 over the same period last year, said a Ministry of Tourism’s report on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501308550/cambodia-records-513-percent-increase-in-tourist-arrivals-in-1st-4-months/
Chinese-invested airport in Cambodia’s tourist hub to commence operations in October
Chinese-invested Siem Reap Angkor International Airport in northwest Cambodia’s Siem Reap province will commence operations in October, said a statement from the State Secretariat of Civil Aviation on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501332814/chinese-invested-airport-in-cambodias-tourist-hub-to-commence-operations-in-october/
Royal Group PPSP sees four-fold increase in annual net profits in 2023
Royal Group Phnom Penh SEZ Plc. (RGPPSP) has recorded an almost four-fold increase in annual net profits for 2023 compared to 2022, according to a Cambodia Stock Exchange (CSX) bourse filing by the special economic zone (SEZ) developer last week. ...
James Whitehead
https://www.khmertimeskh.com/501438729/royal-group-ppsp-sees-four-fold-increase-in-annual-net-profits-in-2023/
Cambodia’s famed Angkor sees 37 percent drop in foreign tourists in first 2 months
Cambodia’s famed Angkor Archeological Park received 341,494 foreign tourists in the first two months of 2020, down 37 percent over the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50697592/cambodias-famed-angkor-sees-37-percent-drop-in-foreign-tourists-in-first-2-months