Cambodia approves 5 new factories worth over $50mn
Five companies have been granted investment plan registration certificates by the Cambodian Investment Board (CIB), part of the Council for the Development of Cambodia (CDC). These firms, are mainly involved in textiles and garments and plan to set up factories across the country, investing around ...
Khmer Times Staff
https://www.khmertimeskh.com/501323430/cambodia-approves-5-new-factories-worth-over-50mn/
ICT seminar for teachers in Kratie and Mondulkiri
With an eye on the future, the Ministry of Education, Youth and Sports (MoEYS) has organised a special training seminar in the use of Information and Communication Technology (ICT) by school administrators and teachers of multilingual education at the primary level. ...
Nang Veasna
https://www.khmertimeskh.com/501238104/ict-seminar-for-teachers-in-kratie-and-mondulkiri/
Cambodia greenlights manufacturing investments exceeding $50 million
New garment manufacturing investments are being drawn to Cambodia, as confirmed by the Cambodia Investment Board (CIB), a division of the Council for the Development of Cambodia (CDC). ...
Khmer Times Staff
https://www.khmertimeskh.com/501324486/cambodia-greenlights-manufacturing-investments-exceeding-50-million/
Cambodia, Thailand launch cross-border QR payment phase II
Cambodia and Thailand launched the second phase of their cross-border QR payment system, which aims to promote the use of local currencies, financial inclusion and cross-border trade and tourism. ...
Chea Vanyuth
https://www.khmertimeskh.com/501303481/cambodia-thailand-launch-cross-border-qr-payment-phase-ii/
GDCE: Tax revenue reduction offset by investment
Cambodia is a signatory to 10 free trade agreements (FTA) which cost the Kingdom over $400 million in lost tax revenue each year. This is nonetheless recovered by the growth of investment and export markets, said the General Department of Customs and Excise of Cambodia ...
Van Socheata
https://www.phnompenhpost.com/business/gdce-tax-revenue-reduction-offset-investment
Japanese hi-tech firms to help develop agriculture in Cambodia
The Japan External Trade Organization (JETRO) and Japan Aerospace Exploration Agency (JAXA) will jointly host a symposium in Cambodia to introduce eight Japanese companies with cutting-edge technologies to local private sector firms and other institutions that work in the development of the country’s agriculture, according ...
Kang Sothear
https://www.khmertimeskh.com/501329612/japanese-hi-tech-firms-to-help-develop-agriculture-in-cambodia/
Cambodia confident as potential investment destination
Cambodia has proven itself as a potential investment destination with positive growth trends, development, and reform, according to a recent report by the Royal Government of Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501413722/cambodia-confident-as-potential-investment-destination/
GDT collects $63 million VAT on e-commerce
The General Department of Taxation (GDT) earned value-added tax (VAT) of $62.8 million on e-commerce in the first ten months of the year, a report showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501394733/gdt-collects-63-million-vat-on-e-commerce/
CATA urges SME Bank to support cruise boat businesses
Small and Medium Enterprise Bank of Cambodia Plc (SME Bank), which is currently reviewing its $50 million budget support for pandemic-hit tourism players in Siem Reap province was asked to consider providing loans to cruise boat businesses along the Tonle Sap River. ...
Nheng Chamrong
https://www.khmertimeskh.com/501416844/cata-urges-sme-bank-to-support-cruise-boat-businesses/
Manet urges improved ASEAN, Gulf State ties
Prime Minister Hun Manet has called for free and open trade, the stimulation of investment and the creation of a conducive environment to promote business between ASEAN and the Gulf states, as the two regions seek to strengthen ties at their historic first-ever ASEAN-Gulf Cooperation ...
Vong Daravady
https://www.phnompenhpost.com/national/manet-urges-improved-asean-gulf-state-ties
National Assembly gives thumbs up to new NEC leadership
The National Assembly yesterday gave the thumbs up to the new leadership of the National Election Committee (NEC). ...
Hang Punreay
https://www.khmertimeskh.com/501406827/national-assembly-gives-thumbs-up-to-new-nec-leadership/
Chinese financing nears 50% of total investment in May, US lags at less than 1%
In May, Chinese investment in Cambodia accounted for almost 50% of total financing, with domestic investment accounting for over 30%, while the US lagged behind at less than one per cent, according to the Council for the Development of Cambodia (CDC). ...
CENTRAL to be audited on July 15, National Audit Authority collects bank information
The National Audit Authority (NAA) will conduct an audit of the Center for Alliance of Labor Human Rights (CENTRAL) on July 15 following a request from the Interior Ministry on June 28. ...
Ly Rosslan
https://cambojanews.com/central-to-be-audited-on-july-15-national-audit-authority-collects-bank-information/
Expedite collective land titles for indigenous peoples who risk losing their farmlands, NGOs urge government
The government allegedly achieved “far below” its goal set in 2017 to issue collective land titles (CLTs) to 10 indigenous communities per year, according to the Cambodian Center for Human Rights (CCHR) on Wednesday. ...
Khuon Narim and Tep Suokeany
https://cambojanews.com/expedite-collective-land-titles-for-indigenous-people-who-risk-losing-their-farmlands-ngos-urge-government/
Statement of the Ministry of Foreign Affairs and International Cooperation on decision by the U.S department of Treasury on Cambodian businessman Mr. Ly Yong Phat and conglomerate L.Y.P group
On 13 September 2024, the Ministry of Foreign Affairs and International Cooperation has issued a statement on decision by the U.S department of Treasury on Cambodian businessman Mr. Ly Yong Phat and conglomerate L.Y.P group on their official website.According to the statement, Ministry of Foreign ...
Ministry of Foreign Affairs and International Cooperation
ARDB, GXAAS ink MoU to boost Kingdom’s agri sector
Agriculture and Rural Development Bank (ARDB), Cambodia’s leading agricultural bank, and the Guangxi Academy of Sciences (GXAAS) Tuesday signed a Memorandum of Understanding (MoU) to collaborate on agricultural science and technology innovation. ...
Chea Vanyuth
https://www.khmertimeskh.com/501565911/ardb-gxaas-ink-mou-to-boost-kingdoms-agri-sector/
Singaporean and Cambodian leaders collaborate at Summit to Support National Vision 2050
The Sequoia Group, in collaboration with the Asian Vision Institute, Angkor Social Innovation Park (ASIP), Sustainability Institute, and Singapore Chamber of Commerce Cambodia (SCC), has announced the upcoming Leadership for Good Summit Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501386754/singaporean-and-cambodian-leaders-collaborate-at-summit-to-support-national-vision-2050/
US Assistant Secretary of State for East Asia and Pacific meets with Prime Minister Hun Manet
US Assistant Secretary of State for East Asia and Pacific Affairs Daniel J. Kritenbrink met with Prime Minister Hun Manet in Phnom Penh to discuss how to deepen the US-Cambodia bilateral relationship and address issues of concern. ...
Khmer Times Staff
https://www.khmertimeskh.com/501446837/us-assistant-secretary-of-state-for-east-asia-and-pacific-meets-with-prime-minister-hun-manet/
More than 7.5M vehicles officially certified
A total of 652,163 vehicles registered with the Ministry of Public Works and Transport (MPWT) in 2023, with a total of 7,563,395 certified transportation recorded since 1990. ...
Yatt Malai
https://kiripost.com/stories/more-than-75m-vehicles-officially-certified
CDC, CYEAD discuss investment opportunities
Delegates from the Cambodia Young Entrepreneurs Association for Development (CYEAD) on Friday meet with senior officials of the Council for the Development of Cambodia (CDC) in Phnom Penh to explore investment opportunities. ...
Rachel David
https://www.khmertimeskh.com/501457408/cdc-cyead-discuss-investment-opportunities/