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Cambodian, Chinese central banks discuss local currency settlement for cross-border trade

Cambodian and Chinese central bank officials have discussed the promotion of local currency settlement for cross-border trade between the two countries, said a statement released by the National Bank of Cambodia (NBC) on Saturday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501266318/cambodian-chinese-central-banks-discuss-local-currency-settlement-for-cross-border-trade/

NEC trains staff as election nears

The National Election Committee (NEC) held an April 10 training session on the registration of political parties and candidates for the 7th parliamentary election, with 129 representatives of state institutions, political parties and NGOs in attendance. ...

Kim Yutharo
https://www.phnompenhpost.com/national/nec-trains-staff-election-nears

Cambodia records 1.26 million air passengers in Q1

Cambodia reported 1.26 million air travelers during the first quarter of 2023, up 549 percent from only 195,000 passengers over the same period last year, said the State Secretariat of Civil Aviation’s report released on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501276387/cambodia-records-1-26-million-air-passengers-in-q1/

CDC pitches ‘Plus One’ to Japan investors

A senior investment official has reiterated a request for Japanese investors to ramp up their commitments to the Cambodian market, recommending a Thailand or Vietnam “Plus One” business approach, amid a government-spearheaded push towards deeper integration into regional and global supply chains. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-pitches-plus-one-japan-investors

NBC, Bank of China discuss cross-border payment

National Bank of Cambodia (NBC) and Bank of China on Wednesday discussed means to expand the cross-border payment between the two countries as well as develop transactions in other member states of the Association of Southeast Asian Nations (ASEAN), said a release. ...

Kang Sothear
https://www.khmertimeskh.com/501244403/nbc-bank-of-china-discuss-cross-border-payment/

GDT brings in $20.9M of e-commerce VAT over Q1

The General Department of Taxation (GDT) announced that it collected 84.67 billion riel, or $20.91 million, in value-added tax (VAT) from e-commerce in the first quarter of the year, which is seen as a reflection of the boom in online transactions witnessed since the advent ...

May Kunmakara
https://www.phnompenhpost.com/business/gdt-brings-209m-e-commerce-vat-over-q1

Fantastic plastic: NGO’s inaugural recycling competition held in Kandal

The Wonders of the Mekong project, an NGO working to ensure a healthy Mekong River, on May 4 organised their first “Plastic Recycling Competition 2023” competition to celebrate Earth Day this year. Groups of high school students from Kandal province took part as contestants in the ...

Sok Raksa
https://www.phnompenhpost.com/national/fantastic-plastic-ngos-inaugural-recycling-competition-held-kandal

Vietnam steps up trade promotion in Cambodia

 The Vietnamese Embassy in Cambodia in coordination with the Ministry of Industry and Trade (MoIT)’s Asia–Africa Market Department held a trade forum in Phnom Penh on June 7, which brought together more than 100 businesses of the two countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501304682/vietnam-steps-up-trade-promotion-in-cambodia/

Three detained CCFC staff face 10 years imprisonment on plotting, incitement charges

The president of Coalition of Cambodian Farmers Community (CCFC) and two of his colleagues were charged with plotting and incitement by the Ratanakiri provincial court on Monday, facing up to 10 years in prison, according to court spokesperson Keo Visoth. ...

Khuon Narim and Eung Sea
https://cambojanews.com/three-detained-ccfc-staff-face-10-years-imprisonment-on-plotting-incitement-charges/

Cambodian exports to Vietnam surge by nearly a quarter to $1.3B

Cambodia’s goods exports to Vietnam reached $1.324 billion in the first five months of 2023, up 22.69 per cent year-on-year from $1.079 billion and up 83.92 per cent half-on-half from $719.79 million, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-vietnam-surge-nearly-quarter-13b

Cambodian exports to Canada up 17% in 2022

The Cambodia-Canada merchandise trade in 2022 was valued at $1.154 billion, soaring by 16.06 per cent over 2021, while the Kingdom’s exports to the second largest economy of the Americas accounted for 97.07 per cent, edging up by 1.08 percentage points on-year, according to the ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-canada-17-2022

EU parliament urges end to political persecution, calls for free and fair elections

The European Parliament called on Cambodian authorities to release former opposition leader Kem Sokha and reinstate the court-dissolved CNRP for participation in the 2023 elections in a resolution on Thursday. ...

Sorn Sarath and Phon Sotthyroth
https://cambojanews.com/eu-parliament-urges-end-to-political-persecution-calls-for-free-and-fair-elections/

NBC warns of scammers in disguise

The National Bank of Cambodia (NBC) has appealed to the public to exercise increased caution before transferring money to anyone in order to avoid cyber-scams. ...

Chea Sokny
https://www.phnompenhpost.com/national/nbc-warns-scammers-disguise

Japan’s JMSDF force schedules naval visit

Japan Maritime Self-Defense Force (JMSDF) ships, the mine sweeper tender JS URAGA and the mine sweeper tender JS AWAJI, will visit the Sihanoukville Autonomous Port from April 24-26, according to an April 17 press release from the Japanese embassy. ...

Ry Sochan
https://www.phnompenhpost.com/national/japans-jmsdf-force-schedules-naval-visit

Almost half a million undocumented Cambodian workers worldwide

There are almost half a million undocumented Cambodian migrant workers worldwide seeking better pay, as of 2022, according to an estimate by a local NGO. ...

Chhorn Raksmey
https://kiripost.com/stories/almost-half-a-million-undocumented-cambodian-workers-worldwide

Authorities aided alleged union-busting at Puma-supplying factory

In October 2022, Bora believed forming a union at his Takeo province shoe factory would help him and his colleagues gain better benefits. ...

Jack Brook, Sovann Sreypich, and Phin Rathana
https://cambojanews.com/authorities-aid-alleged-union-busting-at-puma-supplying-factory/

Cambodia-India trade reaches $37M in January

In January 2023, the bilateral trade between Cambodia and India amounted to $37 million, according to the General Department of Customs and Excise’s report. ...

Chea Vanyuth
https://www.khmertimeskh.com/501243610/cambodia-india-trade-reaches-37m-in-january/

Investment handbook published

The“Handbook on Investing in Cambodia” was formally launched on July 10 to arm local and international players with critical knowledge before committing money and resources into domestic projects as well as to make more informed financial decisions here. ...

May Kunmakara
https://www.phnompenhpost.com/business/investment-handbook-published

Govt continues to assist poor families amid rising living costs

The Phnom Penh Department of Social Affairs confirmed there are 21,148 families in Phnom Penh who are in need of financial support due to rising costs and they will be interviewed to receive a subsidy from the government. ...

Tith Kongnov
https://www.khmertimeskh.com/501321905/govt-continues-to-assist-poor-families-amid-rising-living-costs/

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