SERC program allows creation of investor, trading accounts
The Securities and Exchange Commission of Cambodia (SERC) last week formally rolled out an online program simultaneously allowing interested individuals to open investor accounts with the government agency and set up trading accounts with the Cambodia Securities Exchange (CSX), according to CSX market operations director ...
May Kunmakara
https://www.phnompenhpost.com/business/serc-program-allows-creation-investor-trading-accounts
Cambodia appreciates OIF for sending observers for upcoming National Election 2023
Cambodia has appreciated the International Organization of La Francophonie (OIF) for sending its observers for the country’s 7th general election to take place on Jul. 23. ...
Khmer Times Staff
https://www.khmertimeskh.com/501328054/cambodia-appreciates-oif-for-sending-observers-for-upcoming-national-election-2023/
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
Kampong Thom governor leads tree planting, green initiative
Kampong Thom provincial governor Nguon Ratanak recently led the planting of over 60 young tree saplings in Stung Sen garden, situated along the namesake river. ...
Chea Sokny
https://www.phnompenhpost.com/national/k-thom-governor-leads-tree-planting-green-initiative
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
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
US lead purchaser of Cambodian goods in January
The US emerged as the leading buyer of Cambodian exports in the first month of 2024, with purchases nearing $630 million, approximately a third of the country’s total exports to the global market, as reported by the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/us-lead-purchaser-of-cambodian-goods-in-january
Bilateral trade with Thailand nearly $342M
Bilateral trade between Cambodia and Thailand reached $341.8 million in the first month of 2024, marking a slight increase of 0.2% over the same period last year, as reported by the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/bilateral-trade-with-thailand-nearly-342m
PM Inks five deals to boost ties with Thailand
Five Memorandums of Understanding (MoUs) were signed during Prime Minister Hun Manet’s visit to Thailand to strengthen the development of connectivity between Cambodia and the neighbouring country. ...
Yatt Malai
https://kiripost.com/stories/pm-inks-five-deals-to-boost-ties-with-thailand
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 seeks Chinese investment in EV sector
Cambodia has invited Chinese investors to look into the opportunities unfolding in the electric vehicle (EV) sector in the country. ...
Manoj Mathew
https://www.khmertimeskh.com/501498921/cambodia-seeks-chinese-investment-in-ev-sector/
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/