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PM calls for investigation into confiscated homes

The Council for the Development of Cambodia (CDC) on Wednesday said that those who fail to pay their house mortgage and risk their properties being confiscated should contact Real Estate Business and Pawnshop Regulator (RFPR). ...

Yatt Malai
https://kiripost.com/stories/cambodia-pm-calls-for-investigation-into-confiscated-homes

Chinese-invested airport in Cambodia’s tourist hub to commence operations in October

Chinese-invested Siem Reap Angkor International Airport in northwest Cambodia’s Siem Reap province will commence operations in October, said a statement from the State Secretariat of Civil Aviation on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501332814/chinese-invested-airport-in-cambodias-tourist-hub-to-commence-operations-in-october/

SERC, CSX launch online trading account opening

Securities and Exchange Regulator of Cambodia (SERC) and Cambodia Securities Exchange (CSX) signed an agreement yesterday introducing the API (Application programming interface) linkage for registering investor ID online and opening trading accounts online. ...

Chea Vanyuth
https://www.khmertimeskh.com/501381930/serc-csx-launch-online-trading-account-opening/

Tax revenue ‘exceeds’ expectations

The government has amassed over $3 billion in revenue from the General Department of Taxation (GDT) as of October 30, which represents 85.7% of the 2023 Law on Financial Management despite the deteriorating global economic landscape affecting the region. ...

May Kunmakara
https://www.phnompenhpost.com/business/tax-revenue-exceeds-expectations

Cambodia’s exports to Indonesia jump 112 percent

Cambodia’s exports to Indonesia and India rose the most in the January to November 2023 period, by 111.7 percent and 55.1 percent respectively, compared to the same period in 2022. ...

Manoj Mathew
https://www.khmertimeskh.com/501415859/cambodias-exports-to-indonesia-jump-112-percent/

South Korean investors eye automotive expansion

South Korean investors have shown a strong interest in expanding their investment in the automotive sector, according to the Council for the Development of Cambodia (CDC). ...

Van Socheata
https://www.phnompenhpost.com/business/south-korean-investors-eye-automotive-expansion

SERC to strengthen Cambodia’s derivatives market with IFC help

The Securities and Exchange Regulator of Cambodia (SERC) partnered with the International Finance Corporation (IFC), a member of the World Bank Group, to bolster the development of Cambodia’s derivatives market. ...

Chea Vanyuth
https://www.khmertimeskh.com/501493215/serc-to-strengthen-cambodias-derivatives-market-with-ifc-help/

Import tax debate sparks furore in Tbong Khmum

Vendors in Tbong Khmum province’s Memot district are waiting for the return of hundreds of new and used mobile phones which were seized by local customs officials last week. ...

Niem Chheng
https://www.phnompenhpost.com/national/import-tax-debate-sparks-furore-in-tbong-khmum

Chanthol pushes for export of pepper, bananas into US market

Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) urged Patrick Murphy, Executive Vice President of Rice and Grain Global Sourcing at Otis McAllister to consider the possibility of exporting more agricultural products into the United States ...

Nhean Chamrong
https://www.khmertimeskh.com/501501033/chanthol-pushes-for-export-of-pepper-bananas-into-us-market/

Cambodia records trade surplus with Vietnam

Cambodia has recorded a trade surplus with Vietnam in the first five months of 2024, making Vietnam the second biggest market for Cambodia’s products after the US. ...

Chea Vanyuth
https://www.khmertimeskh.com/501505080/cambodia-records-trade-surplus-with-vietnam/

Cambodia, India to link payment systems by June

Cambodia’s central bank, the National Bank of Cambodia (NBC), is set to launch a faster and more efficient cross-border payment system between Cambodia and India. The initiative will mark a significant expansion of Bakong’s reach, fostering economic activity between the two nations. ...

Chea Vanyuth
https://www.khmertimeskh.com/501497758/cambodia-india-to-link-payment-systems-by-june/

Cambodia issued 1.4M insurance policies, says Chanphirou

Cambodia has issued more than 1.4 million insurance policies and the insurers have more than $1 billion in assets and $453 million in shareholder funds, said Bou Chanphirou, Director General, Insurance Regulator of Cambodia (IRC) on ‘Insurance Day’ celebrations in Sihanoukville on Saturday. ...

Rachel David
https://www.khmertimeskh.com/501530943/cambodia-issued-1-4m-insurance-policies-says-chanphirou/

IMF trains Cambodian customs officers in investigation techniques

The International Monetary Fund (IMF) has provided investigation training for officers of the General Department of Customs and Excise (GDCE) of the Ministry of Economy and Finance. ...

Khmer Times Staff
https://www.khmertimeskh.com/501520510/imf-trains-cambodian-customs-officers-in-investigation-techniques/

Ministry: US sanctions on tycoon Ly Yong Phat and L.Y.P. Group “unjust”

Cambodia’s Ministry of Foreign Affairs and International Cooperation has expressed “deep regret” over what it described as the “unjust” decision by the US Department of the Treasury (USDT) to impose sanctions on business tycoon Ly Yong Phat and several enterprises in the country. ...

Niem Chheng
https://www.phnompenhpost.com/national/ministry-us-sanctions-on-tycoon-ly-yong-phat-and-l-y-p-group-unjust-

Government’s clear policy on raising wages, worker benefits

The Secretary of State and Spokesperson for the Ministry of Labour and Vocational Training (MLVT) Katta Orn, confirmed on Monday that the government, under the leadership of Prime Minister Hun Manet, has established a clear policy to regularly increase the minimum wage and provide various ...

Khmer Times Staff
https://www.khmertimeskh.com/501560877/governments-clear-policy-on-raising-wages-worker-benefits/

Cambodia, US to strengthen bilateral relations, cooperation through trade and investment activities

Cambodia and the United States have expressed their commitment to reinforce bilateral relations and cooperation through trade and investment activities, according to the Council for the Development of Cambodia (CDC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501569003/cambodia-us-to-strengthen-bilateral-relations-cooperation-through-trade-and-investment-activities/

Women journalists seek police understanding, cooperation; media groups stress value of access to information law

The Women’s Media Centre of Cambodia (WMC) held a dialogue on October 7 between police officers and women journalists to address challenges and strengthen cooperation between both parties. Media associations believe that these efforts will improve with the passing of the draft law on Access to ...

Seoung Nimol
https://cambojanews.com/women-journalists-seek-police-understanding-cooperation-media-groups-stress-value-of-access-to-information-law/

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