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Investment fabric ‘vital to LDC recoveries’

Facilitating investment flows to least developed and developing countries and creating favourable investment environments is necessary to support and accelerate economic recovery in the post-Covid-19 era, according to Council for the Development of Cambodia (CDC) secretary-general Sok Chenda Sophea on October 22. ...

May Kunmakara
https://www.phnompenhpost.com/business/investment-fabric-vital-ldc-recoveries

Director General of Taxation says tax collection over past 10 years exceeded target each year

Kong Vibol, Minister Delegate to the Prime Minister and Royal Government Delegate in charge of the General Director of the General Department of Taxation affirmed that in the past 10 years, the General Department of Taxation’s tax revenue collection has been stable, showed good growth ...

Khmer Times Staff
https://www.khmertimeskh.com/50995098/director-general-of-taxation-says-tax-collection-over-past-10-years-exceeded-target-each-year/

S’ville port handles over $2.2B in imports, exports

The value of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) reached $2.234 billion in 2021, marking a 42.75 per cent rise from $1.565 billion a year earlier, according to a statement released by the operator on January 10. ...

Hin Pisei
https://www.phnompenhpost.com/business/sville-port-handles-over-22b-imports-exports

$1.9B in new projects get CDC nod

The Council for the Development of Cambodia (CDC) on January 17 announced that it had approved final registration certificates for 10 investment projects across various sectors worth a staggering total of nearly $1.90 billion and expected to create 7,014 jobs.   ...

Hin Pisei
https://www.phnompenhpost.com/business/19b-new-projects-get-cdc-nod

400K tonnes of cassava for SW China

Cambodia will export 400,000 tonnes of dried cassava to the Guangxi Zhuang Autonomous Region “from March 2022 to March 2023”, under a new agreement between the Ministry of Commerce and the southwestern Chinese region, according to the ministry. ...

Hin Pisei
https://www.phnompenhpost.com/business/400k-tonnes-cassava-sw-china

China signs cooperation deal with Cambodia army amid tense relations with U.S

The Chinese and Cambodian armies have signed a memorandum of understanding, as Beijing seeks to deepen regional security ties amid increasing competition with the US. ...

Khmer Times Staff
https://www.khmertimeskh.com/501050838/china-signs-cooperation-deal-with-cambodia-army-amid-tense-relations-with-u-s/

Korea reaffirms continued support for Cambodia’s development

The Republic of Korea has reaffirmed its position to continue to support Cambodia’s development. The reaffirmation was made by visiting Koo Yun-cheol, Minister for Government Policy Coordination, Prime Minister’s office of the Republic of Korea during a meeting with Chhieng Yanara, Minister Attached to the ...

Khmer Times Staff
https://www.khmertimeskh.com/501050818/korea-reaffirms-continued-support-for-cambodias-development/

National Social Security Fund signed an agreement with the bank contained in this notice

On 24 February 2022, the National Social Security Fund issued a notification on the National Social Security Fund signed an agreement with the bank contained in this notice.National Social Security Fund is honor to inform ladies and gentlemen, directors or owners of all enterprises and ...

National Social Security Fund

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Cambodia Competition Commission established

The Cambodia Competition Commission (“CCC”) was established pursuant to the Royal Government of Cambodia’s Sub-Decree No. 37 ANKr.BK on the Organisation and Functioning of the Cambodia Competition Commission (“Sub-Decree”). ...

Khmer Times Staff
https://www.khmertimeskh.com/501045346/cambodia-competition-commission-established/

Outcomes of the plenary session of the Council of Ministers on 1 April 2022

On 01 April 2022, the Council of Ministers issued a press release on the outcomes of the plenary session of the Council of Ministers on 1 April 2022. After hearing the report of the plenary session, the Council of Ministers discussed, exchanged views, and decided ...

Council of Ministers

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Cambodia receives $2.4 billion worth of FDI in first three months of 2022

In the first three months of 2022, from January to March, the Council for the Development of Cambodia (CDC) approved a total of 43 investment projects under an investment of more than $2.4 billion. ...

Khmer Times Staff
https://www.khmertimeskh.com/501051822/cambodia-receives-2-4-billion-worth-of-fdi-in-first-three-months-of-2022/

Concern grows over illegal fishing in Tonle Sap lake

The Royal Academy of Cambodia has expressed concern over illegal fishing in Tonle Sap lake. The president of the academy Sok Touch said that fishing was taking place in the protected areas, which is illegal and hundreds of fishermen were involved. ...

Son Minea
https://www.khmertimeskh.com/501040745/concern-grows-over-illegal-fishing-in-tonle-sap-lake/

India to aid in temple restoration

A senior official of the Sambor Prei Kuk National Authority (SPKNA) said they have signed a memorandum of understanding (MoU) with the Indian government on a restoration project for Prison Temple – or Asram Moha Russei. ...

Mom Kunthear
https://www.phnompenhpost.com/national/india-aid-temple-restoration

National Consultation Workshop on “Policy And Direction Of Cambodia’s Financial Technology” to be held

The Digital Economy and Business Committee under the National Digital Economy and Society Council is in the process of formulating Cambodia’s Financial Technology Development Policy and will organise the National Consultation Workshop on “Policy and Direction of Cambodia’s Financial Technology” next week, on April 26-27. ...

Khmer Times Staff
https://www.khmertimeskh.com/501060292/national-consultation-workshop-on-policy-and-direction-of-cambodias-financial-technology-to-be-held/

Jan-May CDC approvals $2.66B

The Council for the Development of Cambodia (CDC) on May 31 announced that it had greenlit final registration certificates to four textile-related projects worth a total of about $17 million that are set to create 4,990 jobs.   ...

Hin Pisei
https://www.phnompenhpost.com/business/jan-may-cdc-approvals-266b

Malaysia trade surges by over one-third in Jan-Apr

Bilateral trade between Cambodia and Malaysia was worth $205.2 million in the first four months of 2022, surging by over one-third from nearly $152.9 million from the corresponding period last year, according to Customs. ...

Hin Pisei
https://www.phnompenhpost.com/business/malaysia-trade-surges-over-one-third-jan-apr

Cambodian Foreign Minister rejects accusations concerning Ream naval base

Cambodian Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Prak Sokhonn has dismissed the recent news spread by some media outlets concerning Ream Naval Base. ...

Khmer Times Staff
https://www.khmertimeskh.com/501090080/cambodian-foreign-minister-rejects-accusations-concerning-ream-naval-base/

National consultation workshop on policy and direction of Cambodia's financial technology

On 27 April 2022, the Ministry of Economy and Finance issued a press release on national consultation workshop on policy and direction of Cambodia’s financial technology. The Royal Government of Cambodia has been paying close attention to maximizing the benefits of digital technology in building ...

Ministry of Economy and Finance

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