Champei Sar 70, a new rice variety named after Cambodia-Australia’s diplomatic relationship
Champei Sar 70 is a new variety of rice named in late 2022 by Cambodian Prime Minister Hun Sen to mark the 70th anniversary of the establishment of diplomatic ties between Cambodia and Australia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501222388/champei-sar-70-a-new-rice-variety-named-after-cambodia-australias-diplomatic-relationship/
WB sticks to Cambodia’s 5.2% growth forecast for 2023
World Bank has maintained the 2023 economic growth rate forecast for Cambodia at 5.2 percent while it lowered the prospects for the neighbouring countries Vietnam and Thailand from its October 2022 estimates. ...
Manoj Mathew
https://www.khmertimeskh.com/501266499/wb-sticks-to-cambodias-5-2-growth-forecast-for-2023/
Agri-ministry logs over 800 cases of land encroachment
The Ministry of Agriculture, Forestry and Fisheries recorded 841 instances of encroachment on protected land in 2022, imposing fines in 250 cases and sending 591 of them to court, according to its report. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/agri-ministry-logs-over-800-cases-land-encroachment
Electrical exports bolster economy in 2023, up 50%
Cambodia exported over $3.1 billion in electrical machinery, equipment and related products to the international market in 2023, an increase of more than 50% compared to 2022. The export value of these products constituted nearly 14% of the country’s total exports, as per data from ...
Hin Pisei
https://www.phnompenhpost.com/business/electrical-exports-bolster-economy-in-2023-up-50-
GDT exceeds 2023 tax revenue targets
Cambodia generated more than $3.6 billion in 2023 through the General Department of Taxation (GDT), slightly exceeding the targets set in the 2023 Law on Financial Management and surpassing 2022’s revenue. ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-exceeds-2023-tax-revenue-targets
Cambodia welcomes 5.4 million foreign tourists in 2023
Cambodia attracted some 5.43 million international tourists in 2023, a sharp increase of 139 percent from 2.27 million in 2022, the Ministry of Tourism pointed out in a report on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501426346/cambodia-welcomes-5-4-million-foreign-tourists-in-2023/
Tax official defogs capital gains
A General Department of Taxation (GDT) official on February 22 listed some of the assets that would be exempt from capital gains tax once it comes into force in January 1, 2022 and shed light on some of the finer subtleties of the tax. ...
Thou Vireak
https://www.phnompenhpost.com/business/tax-official-defogs-capital-gains
NEC introduces spokesmen ahead of elections
The National Election Committee (NEC) has announced the creation of a spokesperson team to communicate with the public and local and International news agencies as it prepares to hold the communes and general elections in 2022 and 2023, respectively. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/nec-introduces-spokesmen-ahead-elections
Ministries to shake up salt sector with new strategy
The Ministry of Industry, Science, Technology and Innovation is preparing the 2022-2026 salt development strategy to develop, manage and conserve fields in the Kingdom – almost exclusively in Kampot and Kep provinces – and improve the economic efficiency of salt production. ...
Hom Phanet
https://www.phnompenhpost.com/business/ministries-shake-salt-sector-new-strategy
Cambodia extends tax breaks for tourism-related businesses for 6 more months
The Cambodian government on Wednesday extended tax holidays for tourism-related establishments for another six months from January to June 2022 in a bid to boost business activity in the COVID-hit tourism industry. ...
Khmer Times Staff
https://www.khmertimeskh.com/501022398/cambodia-extends-tax-breaks-for-tourism-related-businesses-for-6-more-months/
Measures to control the use of chemical drugs in investment companies
On 23 March 2022, the Council for the Development of Cambodia issued a notification on measures to control the use of chemical drugs in investment companies. Companies must follow 5 points stated in the notification. ...
Council for the Development of Cambodia
Effective jab drive boosts Cambodia’s Q1 int’l trade
The first quarter of 2022 clocked over $13 billion in international trade, nine per cent more than last year, with exports jumping 25.7 per cent year-on-year. ...
Hin Pisei
https://www.phnompenhpost.com/business/effective-jab-drive-boosts-cambodias-q1-intl-trade
Vietnam-Cambodia relations deepened: Ambassador
2022 is an important year for Vietnam and Cambodia with a lot of activities held to mark the 55th founding anniversary of diplomatic ties, Cambodian Ambassador to Vietnam Chay Navuth has said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501204985/vietnam-cambodia-relations-deepened-ambassador/
Cambodian exports to Japan increase by 10.7%
In the first 10 months of 2022, Cambodia exported $1,658 million products to Japan – mostly sewing supplies, leather goods, bags and footwear – representing a 10.7 percent YOY increase ...
Mao Sreypich
https://kiripost.com/stories/cambodian-exports-to-japan-increase-by-107
Cambodia’s export to US surges to $11 billion
Cambodia exported $11,391 million worth of products to the United States in January-November of 2022, a 42 percent increase compared to the same period last year, the US Census Bureau reported yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501216028/cambodias-export-to-us-surges-to-11-billion/
Jan-Nov mango exports dip 30% to 170K tonnes
Cambodia exported 169,658 tonnes of fresh and dried mangoes in the first 11 months of 2022, down 30.28 per cent year-on-year, according to the Ministry of Agriculture, Forestry and Fisheries. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-nov-mango-exports-dip-30-170k-tonnes
PM appreciates GDT for increased tax collection
Prime Minister Hun Sen lauded the General Department of Taxation (GDT) for its efforts in collecting tax revenue that exceeded the budget plan in 2022, adding that the increased tax revenue contributed to the national economic development. ...
Chea Vanyuth
https://www.khmertimeskh.com/501230997/pm-appreciates-gdt-for-increased-tax-collection/
Cambodia eyes exporting 1 million tons milled rice by 2025
The Cambodia Rice Federation has set an ambitious goal to export at least a million tons of milled rice by 2025, an over 50 percent increase compared to the export figure in 2022. ...
Chea Vanyuth
https://www.khmertimeskh.com/501230991/cambodia-eyes-exporting-1-million-tons-milled-rice-by-2025/
Factory demand soars in 2023, despite slower overall investment
Demand for industrial property in 2023 is rising compared to 2022, said Stephen Suen, long-time commercial and industrial property expert and co-owner-operator of Yi Fung Real Estate Services in Phnom Penh since 2015. ...
James Whitehead
https://www.khmertimeskh.com/501344749/factory-demand-soars-in-2023-despite-slower-overall-investment/
Dengue cases more than double in first six months of this year
In the first six months of this year, there were more than 9,000 reported cases of dengue fever nationwide, an increase of 5,000 from the 4,000 cases for the same period in 2022. ...
Hang Punreay
https://www.khmertimeskh.com/1334443/dengue-cases-more-than-double-in-first-six-months-of-this-year/