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Vietnam actively joins cross-border payment connectivity effort

Cambodian media has reported on August 25 that the State Bank of Vietnam (SBV) has signed a Memorandum of Understanding (MoU) on cooperation in regional payment connectivity with the central banks of Indonesia, Malaysia, Philippines, Singapore and Thailand. ...

Khmer Times Staff
https://www.khmertimeskh.com/501349303/vietnam-actively-joins-cross-border-payment-connectivity-effort/

Tax revenue dips 2% between Jan, July

The government collected 15.4 trillion riel or $3.7 billion in tax revenue in the first seven months of the year, which is equivalent to 58.7 per cent of the 2023 annual budget law, according to the Ministry of Economy and Finance. ...

Hin Pisei
https://www.phnompenhpost.com/business/tax-revenue-dips-2-between-jan-july

MoU signed to strengthen Cambodia’s SME sector

The European Chamber of Commerce and Cambodia Women Entrepreneurs Association (CWEA) have united to promote a sustainable ecosystem for entrepreneurs and SMEs while also boosting Cambodia’s exposure as a foreign investment destination. ...

Mao Sreypich
https://kiripost.com/stories/mou-signed-to-strengthen-cambodias-sme-sector

Q1 Canada trade dips 22% despite March rebound

The merchandise trade volume between Cambodia and Canada reached $192.720 million in the first quarter of 2023, making the world’s ninth largest economy the Kingdom’s 10th biggest trading partner for the three-month period, according to Customs (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/q1-canada-trade-dips-22-despite-march-rebound

GDT, banks vow to step up tax payment efficiency

The finance ministry has to-date signed memorandums of understanding (MoU) with 10 banks to process tax-related payments to the General Department of Taxation (GDT), one of its subordinate units. ...

Van Socheata
https://www.phnompenhpost.com/business/gdt-banks-vow-step-tax-payment-efficiency

Cambodia’s GFT woes unabated as exports decline 23%

The lean patch of Cambodia’s biggest export-earning segment of garments, footwear and travel (GFT) goods continued into the fifth month of the year as the January to May exports recorded a decline of 23.06 percent, compared to the same period in 2022. ...

Man​oj ​Mat​hew​
https://www.khmertimeskh.com/501306694/cambodias-gft-woes-unabated-as-exports-decline-23/

Interior ministry accuses detained land rights activists of “Peasant Revolution”

Three Coalition of Cambodian Farmers Community (CCFC) staff members detained on Wednesday were allegedly plotting a Pol Pot-style “peasant revolution” based on evidence authorities found during a training workshop, Interior Ministry spokesperson Khieu Sopheak told CamboJA. ...

An Vicheth
https://cambojanews.com/interior-ministry-accuses-detained-land-rights-activists-of-peasant-revolution/

Press release of the Bar Association of the Kingdom of Cambodia on the decision to impose disciplinary sanctions

On 28 March 2023, the Bar Association of the Kingdom of Cambodia (BAKC) issued a press release on the decision to impose disciplinary action on lawyer Sam Sokong after he gave an interview with Radio Free Asia’s (RFA) Facebook page on 17 January 2023. ...

Bar Association of the Kingdom of Cambodia (BAKC)

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Cambodia, China sign MoU on education cooperation

The Cambodian Royal School of Administration and Pudong Executive Leadership Academy of China signed a Memorandum of Understanding (MoU) to enhance bilateral cooperation in the education sector. ...

Nop Sreymao
https://www.khmertimeskh.com/501550505/cambodia-china-sign-mou-on-education-cooperation/

Cambodia’s trade with ASEAN up 11.8% in first 8 months of 2024

Cambodia’s trade exchanges with its fellow ASEAN member states amounted to $10.49 billion in the first eight months of this year, up 11.8% from $9.38 billion over the same period last year, said a report from the General Department of Customs and Excise on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501565511/cambodias-trade-with-asean-up-11-8-in-first-8-months-of-2024/

Cambodia collects nearly $6 billion in taxes in 2023

Cambodia earned $5.9 billion in revenues from all kinds of taxes in 2023, a 3.9 percent decrease compared to $6.14 billion in 2022, as per an official report released on Friday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501442033/cambodia-collects-nearly-6-billion-in-taxes-in-2023/

High food prices shrink imports in third quarter

Food and beverage imports in the Kingdom fell more than 70 per cent in the third quarter, as high international prices and the growth of domestic production dragged on demand. About 192,580 tonnes of food and beverage products entered Cambodia between July and September, down 72 ...

http://www.phnompenhpost.com/index.php/2011102752374/Business/high-food-prices-shrink-imports-in-third-quarter.html

Weighing risk and reward on construction sites

As the booming construction sector attracts more rural Cambodians to seek employment in the capital, the different working conditions between high-rises in urban areas and borey developments have factored into varying degrees of earning potential and living standards.According to estimates by the Ministry of Land ...

Kali Kotoski and Sum Manet
http://www.phnompenhpost.com/real-estate/weighing-risk-and-reward-construction-sites

Pheaktra, Thai journos to combat ‘fake news’

Minister of Information Neth Pheaktra met with Thai ambassador Cherdkiat Atthakor and a delegation from the Journalists Association of Thailand at the ministry headquarters in Phnom Penh on October 2 to discuss strengthening information cooperation in order to combat misinformation, said a ministry press release. ...

Ry Sochan
https://phnompenhpost.com/national/pheaktra-thai-journos-combat-fake-news

Officials told to remain neutral

The Ministry of Interior on Tuesday ordered village and commune chiefs across Cambodia to not abuse their position, and the resources that come with it, by campaigning ahead of the Kingdom’s July 29 national elections. ...

Mech Dara
https://www.phnompenhpost.com/national/officials-told-remain-neutral

Royal decree to legitimise council

Deputy Prime Minister Bin Chhin yesterday joined representatives of 16 political parties to draft a royal decree that would cement the Supreme Consultative Council’s government adviser status, an adviser to Prime Minister Hun Sen said. ...

Taing Vida
https://www.khmertimeskh.com/50530510/royal-decree-to-legitimise-council/

Draft budget due in parliament

The Council of Ministers on Friday approved its national budget draft of about $6.7 billion for 2019, an increase of 11.4 percent over 2018, and NGOs now want to review it before it is sent to the National Assembly for ratification. According to the draft, ...

Khuon Narim
https://www.khmertimeskh.com/50544913/draft-budget-due-in-parliament/

Police asked to pay vehicle tax

The owners of vehicles sporting police number plates must pay vehicle taxes by the end of the month or face having their vehicles impounded, according to the Ministry of Economy and Finance. In a letter to Interior Minister Sar Kheng, Economy and Finance Minister Aun Ponmoniroth ...

Pech sotheary
http://www.khmertimeskh.com/news/29374/police-asked-to--pay-vehicle-tax/

ICRC offers prisons help

The International Committee of the Red Cross (ICRC) is willing to offer assistance in future prison building projects, and in the preparation of prison management policies that are in line with international standards, the National Police website said on Tuesday. According to the website, the ICRC ...

Taing Vida
http://www.khmertimeskh.com/news/30054/icrc-offers-prisons-help/

Tonle bassac dredging necessary, say officials

In order to aid waterway transport, sand-dredging – largely banned since a 2011 decree – will soon begin reappearing at dozens of locations along the Tonle Bassac river, a spokesman from the Ministry of Mines and Energy confirmed yesterday. ...

Niem Chheng
http://www.phnompenhpost.com/national/tonle-bassac-dredging-necessary-say-officials

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