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Foreign investors complain about the Kingdom’s business strictures

Foreign investors have asked the Cambodia government to reduce the cost of a certificate of origin (CO), which is currently far more expensive than other countries in ASEAN.​ ...

Sorn Sarath
https://www.khmertimeskh.com/50762873/foreign-investors-complain-about-the-kingdoms-business-strictures/

Government committee to assist journalists holds first meeting

Minister of Information, Khieu Kanharith, yesterday held the first meeting with government lawyers to examine issues that journalists face in Cambodia, following an announcement in February of a commitment to assist journalists facing litigation. ...

Sen David
https://www.khmertimeskh.com/50761986/government-committee-to-assist-journalists-holds-first-meeting/

Ministry calls on the stop of ill-willed advocacy under the name of environmental protection

The Ministry of Environment has reiterated the government’s solid commitment in natural resource conservation, and called on the stop of any ill-willed campaign under the name of “environmental protection”. ...

Khmer Times Staff
https://www.khmertimeskh.com/50827084/ministry-calls-on-the-stop-of-ill-willed-advocacy-under-the-name-of-environmental-protection/

Payments balance up Kingdom sees a 1.7 percent surplus in 2020

The Kingdom’s balance of payments (BOP) saw a 1.7 percent surplus compared with its gross domestic product (GDP) in 2020 with growth supported by the in-flow of foreign direct investments and exports, according to a report from the National Bank of Cambodia (NBC). ...

Sok Chan
https://www.khmertimeskh.com/50807074/payments-balance-up-kingdom-sees-a-1-7-percent-surplus-in-2020/

Nearly 3K illegal burn sites identified across Kingdom

Illegal burning of rice stubble and land at the periphery of forests continues to occur throughout the Kingdom’s rural areas, especially in the north and northeast regions, according to officials who documented the activities on site. ...

Voun Dara
https://www.phnompenhpost.com/national/nearly-3k-illegal-burn-sites-identified-across-kingdom

Cambodia requests for export of more Cambodian agricultural products to EU market

Cambodia has urged the European Chamber of Commerce in Cambodia (EuroCham) to help boost the export of Cambodian agricultural products to the EU market. ...

Khmer Times Staff
https://www.khmertimeskh.com/50815349/cambodia-requests-for-export-of-more-cambodian-agricultural-products-to-eu-market/

COs still issued amid lockdown, logistics bottlenecks

The Ministry of Commerce urged producers and exporters to continue applying for certificates of origin (CO) despite transport and logistics issues stemming from the ongoing lockdown in Phnom Penh and Takhmao town. ...

Thou Vireak
https://www.phnompenhpost.com/business/cos-still-issued-amid-lockdown-logistics-bottlenecks

NBC unveils economic database

The National Bank of Cambodia (NBC) has announced the launch of an online test of the Macroeconomic Surveillance Database System (MSDS) to monitor the macroeconomic and financial situation of the Kingdom and provide meaningful data for analysis, to be implemented with the technical assistance of ...

Hin Pisei
https://www.phnompenhpost.com/business/nbc-unveils-economic-database

MoU aims to improve organic output, capacity building for farmers

The Ministry of Agriculture, Forestry and Fisheries today signed a memorandum of understanding with Lexmin Pty Ltd Cambodia in anticipation of a string of changes anticipated to impact the agriculture industry. ...

Husain Haider
https://www.khmertimeskh.com/50910404/mou-aims-to-improve-organic-output-capacity-building-for-farmers/

Cambodia and Brunei strengthen cultural and educational exchanges

Two Memorandums of Understanding (MoUs) were signed between Cambodia and Brunei to further strengthen their cooperation in the field of culture and fine arts and also youth programmes. ...

Khmer Times Staff
https://www.khmertimeskh.com/50914154/cambodia-and-brunei-strengthen-cultural-and-educational-exchanges/

Central bank sells $130M over five September forex auctions

The National Bank of Cambodia held five currency auctions from September 2-21 and sold $130 million on the foreign exchange (forex) market, meant to stabilise the riel’s fluctuations against the greenback, shore up economic activity during the ongoing health crisis and power a faster economic ...

May Kunmakara
https://www.phnompenhpost.com/business/central-bank-sells-130m-over-five-september-forex-auctions

CMA, Caca set out to prop up agriculture-MFI synergy

Two industry bodies have teamed up to reinforce cooperation between the agricultural and microfinance sectors, and enhance access to financial literacy education and services for agriculture as a path to improved productivity, production and further development. ...

May Kunmakara
https://www.postkhmer.com/business/2021-10-15-1116-225143.html

Ministry starts tech sector digital community

The Ministry of Post and Telecommunications has put the Digital Community of Cambodia (DCC) system into action, bringing together digital technology professionals who have signed up for the system so that they can share professional development opportunities. ...

Ry Sochan
https://www.phnompenhpost.com/national/ministry-starts-tech-sector-digital-community

Cambodia marks forest day with tree planting

The Kingdom yesterday celebrated the International Day of Forests with tree planting by students, teachers, local authority representatives, government officials and the UN Food and Agriculture Organization. ...

Khmer Times Staff
https://www.khmertimeskh.com/501045909/cambodia-marks-forest-day-with-tree-planting/

Over 1,834 SMEs benefit from $221 million loans

The SME Bank of Cambodia has said 1,834 small and medium-sized enterprises (SME) benefitted from loans under the phase II financing scheme as of May 31 this year, which involved $221 million – about 92 percent of the total funding budget of $240 million. ...

Sok Sithika
https://www.khmertimeskh.com/501089865/over-1834-smes-benefit-from-221-million-loans/

Gov’t issues 3rd Defence White Paper in 16 years

The Ministry of National Defence has issued a new Defence White Paper – the third such plan to have been introduced since 2000 – that details Cambodia’s policy and strategy to modernise the Kingdom’s armed forces, as it continues to dismiss rumours of Chinese military ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/govt-issues-3rd-defence-white-paper-16-years

Cambodia and the Netherlands sign MoU to boost trade

Cambodia and the Netherlands have inked an MoU in a move that aims to bolster bilateral ties, increase agricultural export and promote trade knowledge. ...

Meas Molika
https://kiripost.com/stories/cambodia-and-the-netherlands-sign-mou-to-boost-trade

Economic crisis sees latex exports fall 10% in first eight months

The global economic crisis has reduced Cambodia’s latex export earnings to $273.4 million in the first eight months of 2023, according to the Ministry of Agriculture, Forestry and Fisheries’ General Department of Rubber (GDR). ...

Hin Pisei
https://www.phnompenhpost.com/business/economic-crisis-sees-latex-exports-fall-10-first-eight-months

Cambodia, Cuba ink agreements on culture, sports as PMs explore prospects for co-op

Cambodia and Cuba on October 4 signed two memoranda of understanding (MoU): one on a cultural exchange programme and the other on cooperation in physical education, culture and sports. ...

Ry Sochan
https://www.phnompenhpost.com/national/cambodia-cuba-ink-agreements-culture-sports-pms-explore-prospects-co-op

Deal signed to stimulate rice exports to Mongolia

A rice mill has signed a Memorandum of Understanding (MoU) with a Mongolian business council that aims to see Cambodia export rice to the landlocked country in the near future. ...

Prak Chan Thul
https://kiripost.com/stories/deal-signed-to-stimulate-rice-exports-to-mongolia

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