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CCC plans to establish EU liaisons

In a move to bolster foreign investment, the Cambodian Chamber of Commerce (CCC) has announced plans to establish additional liaisons abroad, with a particular focus on the European Union. ...

Chea Vanyuth
https://www.khmertimeskh.com/501529677/ccc-plans-to-establish-eu-liaisons/

Paddy rice production reaches 7.4 million in 2018

Cambodia produced 7.4 million tonnes of paddy rice in 2018, a 3.5 percent increase, according to the Ministry of Agriculture’s annual report. In its report, the ministry said total production in 2018 was only 88.47 percent of what the government expected, adding that 2.4 million ...

Chea Vannak
https://www.khmertimeskh.com/50575496/paddy-rice-production-reaches-7-4-million-in-2018/

FRANCE 24 now on DTT in Cambodia

FRANCE 24 has concluded a new distribution agreement in Cambodia and launched on ONE TV’s Digital Terrestrial Television (DTT) offer. FRANCE 24, French version, is now available 24/7 on channel 19 of the ONE TV basic offer, for 3 dollars per month (2,29 Euros). FRANCE 24 is ...

http://www.mediamughals.com/News/1/1/Article/10692/FRANCE_24_now_on_DTT_in_Cambodia.htm

Exports to the US see slight rise

Cambodia’s exports to the United States, the country’s biggest market, were valued at about $2.8 billion last year, a three per cent rise from $2.7 billion in 2012, according to fresh statistics from the US Department of Commerce. Ken Ratha, a spokesman for Cambodia’s Ministry of ...

Hor Kimsay
http://www.phnompenhpost.com/business/exports-us-see-slight-rise

Cambodia moves to curb COVID-19 spread during new year festival

Cambodia has re-instated COVID-19 rapid testing for workers returning from Thailand, the Ministry of Health stated on March 29, a move to contain the spread of the new SARS-CoV-2 variants as the traditional new year festival is nearing. ...

Khmer Times Staff
https://www.khmertimeskh.com/501049432/cambodia-moves-to-curb-covid-19-spread-during-new-year-festival/

May records decade’s highest inflation in Cambodia

Inflation rose to 7.2 percent in May this year in the country, the highest in the last decade, the National Bank of Cambodia (NBC) said yesterday, adding that it has unleashed a set of measures to control the inflationary pressures and protect the purchasing power ...

Chea Vanyuth
https://www.khmertimeskh.com/501116556/may-records-decades-highest-inflation-in-cambodia/

PM’s economic diplomacy brings dividends

In the one year of his rule, Prime Minister Hun Manet laid out policies for strengthening old friendships, launched new friendships and consolidated Cambodia’s position on the international stage, especially by streamlining its economic diplomacy. ...

Mom Kunthea
https://www.khmertimeskh.com/501544121/pms-economic-diplomacy-brings-dividends/

U.S. sees Cambodia's anti-trafficking efforts floundering

Cambodia is not doing enough to combat human trafficking, the United States said on Thursday, leaving the Asian nation at risk of economic sanctions unless it takes firmer action. Corruption impedes law enforcement, prosecutions and provision of services to victims, the influential Trafficking In Persons ...

Matt Blomberg
https://www.reuters.com/article/us-usa-trafficking-cambodia/u-s-sees-cambodias-anti-trafficking-efforts-floundering-idUSKCN1TL21Q

Government collects $4.5B in revenue from tax, customs

A report from the General Department of Taxation (GDT) released on Wednesday showed that the department collected $2.183 billion in taxes, while Prime Minister Hun Sen on the same day announced that $2.384 billion in customs and excise duties was collected during the period. GDT ...

Thou Vireak
https://www.phnompenhpost.com/business/government-collects-45b-revenue-tax-customs

Unilever eyes Cambodian palm sugar

Unilever is looking to source 2,000 tons of organic palm sugar a year from Cambodia, a senior manager said yesterday. Monica Soy, senior external affairs manager at Unilever Cambodia, told Khmer Times yesterday that Unilever requires about 2,000 tons a year, to be exported from Cambodia ...

Sok Chan
http://bit.ly/2c8BbNn

Cambodia sees 16 pct rise in garment, footwear exports in 6 months

Garment and footwear industry, Cambodia’s largest income earner, saw a 16 percent increase in exports in the first six months of 2014, according to a commerce ministry’s report on Sunday. The country exported apparel and footwear products worth 2.92 billion U.S. dollars during the January-June period ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-07/20/c_133497592.htm

Whopping $170 million spent for purchase of COVID-19 vaccines by Cambodia

Cambodia spent around $170 million to purchase vaccines for the 10 million people planned for the vaccination, in addition to the 324,000 doses of AstraZeneca/SII (COVISHIELD) via COVAX Facility and 2.2 million doses of Sinopharm donated by China. ...

Khmer Times Staff
https://www.khmertimeskh.com/50881824/whopping-170-million-spent-for-purchase-of-covid-19-vaccines-by-cambodia/

90% drop in domestic tourists compared to last year

Cambodia recorded about 2.42 million domestic tourists, of whom more than 2.26 million were citizens and about 160,000 foreign nationals, in the first eight months of this year. ...

Mao Chanvireak
https://www.khmertimeskh.com/50961616/90-drop-in-domestic-tourists-compared-to-last-year/

Tax scrutiny ‘not pandemic-related’: Ministry of Economy and Finance collected more than $2.87bn in taxes last year, up 3.73% on 2019

With corporations in Southeast Asia reporting being swept up in tax audits while governments work to increase revenue during the pandemic, there are conflicting views regarding whether Cambodian firms are facing additional scrutiny.  ...

Husain Haider
https://www.khmertimeskh.com/50862164/tax-scrutiny-not-pandemic-related-ministry-of-economy-and-finance-collected-more-than-2-87bn-in-taxes-last-year-up-3-73-on-2019/

NGO plans to build mini-city

An NGO’s plan to build an “entire city” for the victims of a forced eviction has been backed by the Phnom Penh municipal government, with preliminary construction already under way. The $2.2 to $2.5 million project, devised by the organisation People for Care and Learning, is expected ...

http://www.phnompenhpost.com/index.php/2012100859152/National-news/ngo-plans-to-replace-slum-with-new-city.html

Cambodia-Thai trade still on track

Thailand’s worst floods in decades have not slowed trade with Cambodia, a Thai official in Phnom Penh said yesterday, claiming many products sought by Cambodia came from areas free of flooding. Bilateral trade between the two countries rose nine per cent year-on-year in the first nine ...

http://www.phnompenhpost.com/index.php/2011111152697/Business/cambodia-thai-trade-still-on-track.html

Growth Of Telephone Sub-Scribers Benefit From Population's Income

After reforms instituted in 2011, the price of international phone calls dropped subsequently. In 2011, the price cost fell from 2.76 cent in 1997 to 0.25 cent per minute for mobile phone and desk phone cost about 2.56 cent in 1997 to 0.25 cent in 2010, and 2011 respectively, the report from the ...

http://thesoutheastasiaweekly.com/

More than two million tourists traversed the country during the New Year weekend

The  Ministry of Tourism has reported that  that the three days of the Global New Year holiday and weekend from December 31, 2021 to January 2, 2022 brought  2,002,298 domestic tourists out to traverse the country and take in the tourism sites of Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501000354/more-than-two-million-tourists-traversed-the-country-during-the-new-year-weekend/

Ministry of Information finalizing protracted access to information draft law

The Ministry of Information is finalizing the long-overdue draft law on the access to information, known as the “A2I draft law”, as highlighted in its work direction for 2024. The draft law is currently being reviewed by the Ministry of Justice, according to documents viewed ...

Seoung Nimol
https://cambojanews.com/ministry-of-information-finalizing-protracted-access-to-information-draft-law/

Investors from Korea relocate to Cambodia

Korean investors are relocating labour-intensive businesses to countries such as Cambodia after Indonesia raised its minimum wage. A number of Korean investors had closed their Indonesian factories and relocated to other countries in the region because their requests for minimum-wage exemption had been refused, The Jakarta ...

http://www.phnompenhpost.com/2013020761220/Business/investors-from-korea-relocate-to-cambodia.html

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