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Cambodia permits projects worth over $140 million, including in textiles

The Council for the Development of Cambodia (CDC), which is Cambodia’s highest decision-making body for large-scale investments, has given the go-ahead to 17 investment projects involving a total of $141.72 million – plus or minus $0.805 million to account for rounding – that are expected ...

Khmer Times Staff
https://www.khmertimeskh.com/501145062/cambodia-permits-projects-worth-over-140-million-including-in-textiles/

E-payments to save MSMEs on costs: NBC

Digitising payments could bring substantial cost savings for micro-, small-, and medium-sized enterprises (MSME), not only by simplifying cash management processes but also reducing potential opportunities for misappropriation or corruption, according to the central bank chief. ...

May Kunmakara
https://www.phnompenhpost.com/business/e-payments-save-msmes-costs-nbc

Security issues may destabilise ASEAN: PM

Prime Minister Hun Sen has warned that rising regional and global security challenges could destabilise the ASEAN region if not properly managed. ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/security-issues-may-destabilise-asean-pm

WHO to continue working with Cambodia on COVID-19 and other diseases

The World Health Organisation (WHO) is determined to continue working closely with the Royal Government of Cambodia (RGC) in combating the Covid-19 pandemic and other diseases such as malaria, hepatitis, hypertension, and so on. ...

Khmer Times Staff
https://www.khmertimeskh.com/501104932/who-to-continue-working-with-cambodia-on-covid-19-and-other-diseases/

Press release on the UNFPA 2022 annual review

On 27 October 2022, the Council for the Development of Cambodia issued a press release on the UNFPA 2022 annual review.On Thursday, October 27th 2022 at Cambodiana Hotel, His Excellency Mr. Rith Vuthy, Deputy Secretary General of Cambodian Rehabilitation and Development Board of the Council ...

Council for the Development of Cambodia

Download: pdf

Draft 2023 financial law responds to post-pandemic economy

The draft Law on Financial Management 2023 is under review with the Council of Ministers and has been drawn up in response to the Cambodian economy recovering from the Covid-19 pandemic. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-draft-2023-financial-law-post-pandemic-economy

Youth group campaigns for refusal of plastics use

The Youth Resource Development Program (YRDP) launched a 4Rs campaign – Refuse, Reduce, Reuse and Recycle – with the slogan “refusal to use plastics starts with you” to urge youths and others to reduce their plastic use, which they believe is harmful to the health ...

Long Kimmarita
https://www.phnompenhpost.com/national/youth-group-campaigns-refusal-plastics-use

Press release on courtesy meeting with United Nations Population Fund (UNFPA)

On 16 September 2022, the Council for the Development of Cambodia issued a press release on courtesy meeting with United Nations Population Fund (UNFPA).​On September 16th, 2022 at the Palais du Gouvernement, His Excellency Rith Vuthy, Deputy Secretary General of Cambodian Rehabilitation and Development Board ...

Council for the Development of Cambodia

Download: pdf

Cambodia’s garment, footwear, travel goods exports up 40 pct in H1 of 2022

Cambodia’s garment, footwear and travel goods industry has seen a 40-percent rise in exports in the first half of this year, according to a report from the General Department of Customs and Excise. ...

Khmer Times Staff
https://www.khmertimeskh.com/501123902/cambodias-garment-footwear-travel-goods-exports-up-40-pct-in-h1-of-2022/

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

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