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/
Civil society’s participation in the draft Land Law dialogue for land rights protection
The Cambodian government has drafted an entirely new Land Law (the draft law), more than 20 years after the promulgation of the 2001 Land Law. Acknowledging the importance of participation from civil society, local communities, and indigenous peoples (IPs), Open Development Cambodia (ODC) formally sought ...
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/
Cambodia set to sign DTAs with Laos, Philippines
Cambodia will soon sign double taxation agreements (DTAs) with Laos and the Philippines, as it has completed technical procedures for the deals, the General Department of Taxation (GDT) said. ...
Chea Vanyuth
https://www.khmertimeskh.com/501549922/cambodia-canada-hold-talks-to-promote-bilateral-trade-in-agriculture-agri-food/
Electrical machinery, equipment export revenue exceeds $1.4B
Cambodia earned approximately $1.4 billion from the export of electrical machinery, equipment and parts to international markets during the first eight months of 2024, a decrease of one-third compared to the same period in 2023. Some economists attribute the decline to weak global economic growth. ...
Hin Pisei
https://www.phnompenhpost.com/business/electrical-machinery-equipment-export-revenue-exceeds-1-4b
Pundits: Jump in steel imports may not reflect real estate recovery
Cambodia imported more than $400 million worth of iron and steel in the first eight months of the year, an increase of nearly 60% on the same period last year. This has given some hope that the housing construction sector may be gradually picking up ...
Sun Chanthol asks Japan to promote positive investment in Cambodia
Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, requested that Japan positively disseminate Cambodia’s investment potential and other incentives to Japanese investors. ...
Khmer Times Staff
https://www.khmertimeskh.com/501382891/sun-chanthol-asks-japan-to-promote-positive-investment-in-cambodia/
Tax revenue falls in first 8 months of ‘23: ministry
In the first eight months of 2023, the government reported revenue of almost $4.2 billion, representing nearly 66% of the target set for 2023 by the annual budget law. This performance marks a decline of over 2% compared to the same period last year, as ...
Hin Pisei
https://www.phnompenhpost.com/business/tax-revenue-falls-first-8-months-23-ministry
Cambodia to host 6th Asian Youth Para Games in 2029
Cambodia will host the 6th Asian Youth Para Games, following the 5th Asian Youth Games in 2029, according to a press release of the National Paralympic Committee of Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501422596/cambodia-to-host-6th-asian-youth-para-games-in-2029/
Press release on the prevention of rock dumping in the river in Srey Santhor district, Kampong Cham province, and other locations
On 24 February 2024, the Ministry of Water Resources and Meteorology issued a press release on the prevention of dumping rocks in the river. The ministry confirmed that rock dumping will cause obstacles or obstruction of the natural flow of water in rivers and is ...
Ministry of Water Resources and Meteorology
Cambodia ready to ramp up trade ties with Malaysia
A business forum scheduled to be held on Tuesday in Kuala Lumpur, Malaysia, is expected to pave the way to enhance bilateral cooperation on trade, investment and economy between Cambodia and Malaysia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501446578/cambodia-ready-to-ramp-up-trade-ties-with-malaysia/
Cambodia-ASEAN Business Summit slated for April
The Cambodian Chamber of Commerce (CCC) in collaboration with ASEAN Business Advisory Council Cambodia supported by the Cambodian Government will host the Cambodia-ASEAN Business Summit in April in Phnom Penh. ...
Chea Vanyuth
https://www.khmertimeskh.com/501445994/cambodia-asean-business-summit-slated-for-april/
GDT nets $75 million from e-commerce
The General Department of Taxation (GDT) earned value-added tax (VAT) of $75.5 million on e-commerce in 2023, a year-on-year increase of 71 percent from $44 million recorded in 2022, an official report showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501429247/gdt-nets-75-million-from-e-commerce/
PM urges ministry to speed up preparation of inspection law
Prime Minister Hun Manet urged the Ministry of Inspection to expedite the preparation of the Law on Inspection this year. ...
Torn Vibol
https://www.khmertimeskh.com/501439435/pm-urges-ministry-to-speed-up-preparation-of-inspection-law/
Cambodia charts 1.8b digital payments, valued at $492b in 2023
Some 1.8 billion Khmer riel and US dollar digital transactions valued at $492 billion were recorded in 2023, which rose over 600 million from 1.1 billion transactions in 2022, the National Bank of Cambodia (NBC) said on March 29. This significant increase, an economist opined, ...
Meas Molika
https://kiripost.com/stories/cambodia-charts-18b-digital-payments-valued-at-492b-in-2023
Ministry conducts Digital School training
The education ministry’s Information Technology Department conducted a recent training course for 200 high school teachers, in order to enhance their use of online teaching resources. ...
Bor Pich Zelin
https://www.phnompenhpost.com/national/ministry-conducts-digital-school-training
Out-of-court dispute service being encouraged
The National Authority for Out-of-Court Dispute Resolution (NAOCDR) is working with about 40 non-governmental organisations (NGOs) to encourage people to resolve issues out-of-court. ...
Torn Vibol
https://www.khmertimeskh.com/501424133/out-of-court-dispute-service-being-encouraged/