Mercedes halts imports over luxury tax
The sole retailer of Mercedes-Benz cars into the country, Hung Hiep (Cambodia) Co., has suspended imports since January over what it claims is a new import duty on luxury cars coming into the country. Other luxury car importers including Porsche, Audi, BMW and Jaguar Land Rover, ...
George Styllis
http://www.cambodiadaily.com/business/mercedes-halts-imports-over-luxury-tax-56050/
Red-headed cranes leave south VN province for Cambodia
A steep decline in the number of red-headed cranes, also known as Sarus cranes, has been recorded since early this year in southern Kien Giang province, the bird’s usual hot spot, compared to a sharp rise in a Cambodian sanctuary. Meanwhile, hundreds of them have ...
Tuoitrenews Staff
http://tuoitrenews.vn/society/18680/redheaded-cranes-leave-south-vn-province-for-cambodia
Economic expansion of Cambodia; an opportunity for Thai entrepreneurs
The retail marketing business in Cambodia has been growing at approximately 8% a year for the last 10 years and is expected to increase by 7.5% a year from 2014-2018. This economic expansion and greater purchasing power of Cambodians, is seen as presenting great opportunities ...
National News Bureau of Thailand
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNRPT5705080010001
Commerce minister, US Ambassador swap praise after trade trip
U.S. Ambassador William Todd and Commerce Minister Sun Chanthol praised each other for their dedication to the development of the Cambodian economy at a press conference in Phnom Penh on Monday, following a joint trade mission last month to the U.S. Mr. Todd and Mr. Chanthol, ...
Alex Willemyns
http://www.cambodiadaily.com/news/commerce-minister-us-ambassador-swap-praise-after-trade-trip-63458/
Toll climbs as floods recede
The death toll from recent floods has climbed to 20 while rivers engorged with floodwater have completely swept away 10 houses, according to the National Committee for Disaster Management. In Prey Veng, the body of a police officer who slipped into a river while helping people ...
Pech Sotheary
http://www.phnompenhpost.com/national/toll-climbs-floods-recede
$50 million emergency fund for small and medium enterprises
The government yesterday launched a $50million special fund for small and medium Enterprise (SMEs) to boost competitiveness, productivity and daily business operations amid the impact of the pandemic Covid-19 and a 20 percent withdrawal of zero tariffs under the EU’s Everything but Arms (EBA) trade ...
Sok Chan
https://www.khmertimeskh.com/50702354/50-million-emergency-fund-for-small-and-medium-enterprises/
Announcement on the re-export of white rice
On 13 May 2020, the Cambodia Rice Federation issued an announcement to its members, according to a notification from the Ministry of Economy and Finance in which the Royal Government is authorized to grant the re-export of white rice upon overseas buying contract and the ...
Cambodia Rice Federation
Alarm over proposed dam
The Sam Rainsy Party has asked Prime Minister Hun Sen to verify the details of a proposed dam that could inundate about 10,000 hectares of protected forest, citing concerns that it would lead to rampant illegal logging and devastate a traditional habitat of Siamese crocodiles. ...
David Boyle with additional reporting by Khouth Sophak Chakrya and Cassandra Yeap, P. 5
http://www.phnompenhpost.com/index.php/2012022954773/National-news/alarm-over-proposed-dam.html
Minister denies IDPoor suspensions were due to lack of funds
The Minister of Social Affairs yesterday denied a report that the government has no more budget to support the IDPoor subsidy programme. The statement came after the government suspended the cash support programme for pregnant women and children under two years for five days during ...
Sen David
https://www.khmertimeskh.com/50766058/minister-denies-idpoor-suspensions-were-due-to-lack-of-funds/
Announcement: The suspension of technical and vocational education and training institutions for 2 weeks in Phnom Penh and Kandal province
On February 22 2021, the Ministry of Labour and Vocation training has posted an announcement regarding the decision to suspend technical and vocational education and training institutions for 2 weeks in Phnom Penh and Kandal province. This is made following the recent COVID-19 community outbreak ...
Ministry of Labour and Vocational training
Bank, MFIs operations go on despite lockdown
The Association of Banks in Cambodia (ABC) and the Cambodian Microfinance Association (CMA) on April 23 informed the public that business operations in the industry are continuing as normal nationwide although some areas in the provinces and capital have been placed in lockdown to curb ...
May Kunmakara
https://www.phnompenhpost.com/business/bank-mfis-operations-go-despite-lockdown
Instruction on the suspension of the sale and consumption of alcohol one day before and the day of the Commune/Sangkat Council Election of the 5th Mandate
On 20 May 2022, National Election Committee has posted an instruction on the suspension of the sale and consumption of alcohol one day before and the day of the Commune Sangkat Council Election of the 5th Mandate, which is the 4th and 5th of June ...
National Election Committee
Manet set for China-ASEAN expo 2023 as head of gov’t
Prime Minister-in-waiting Hun Manet is scheduled to travel to China in mid-September for the 20th China-ASEAN Expo 2023 in Nanning, the capital city of the Guangxi Zhuang Autonomous Region – in one of his first official trips seen by analysts as a significant step in ...
Samban Chandara
https://www.phnompenhpost.com/national/manet-set-china-asean-expo-2023-head-govt
Manet highlights importance of regional trade at China-ASEAN expo
Prime Minister Hun Manet addressed the opening ceremony of the 20th China-ASEAN Expo in Nanning, China, on September 16, expressing his belief that amid growing global uncertainties, the expo would provide an opportunity for the attendees to forge closer relations while helping to promote sustainable ...
Post Staff
https://www.phnompenhpost.com/business/manet-highlights-importance-regional-trade-china-asean-expo
SERC: CamGSM securities application under review
The Securities and Exchange Regulator of Cambodia (SERC) is currently reviewing the application from CamGSM Plc, the nation’s largest locally-owned mobile operator, which seeks to issue debt securities (sustainable bonds). The move aims to secure around $20 million for network expansion and debt refinancing. ...
May Kunmakara
https://www.phnompenhpost.com/business/serc-camgsm-securities-application-under-review
First two days of voter registration nets over 30K new voters
The National Election Committee (NEC) confirmed that in the first two days of new registration on October 20-21 for next year’s national election, more than 30,000 new voters had registered, while nearly 6,000 people have been de-listed. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/first-two-days-voter-registration-nets-over-30k-new-voters
Hun Manet cheers prominent lawyer groups on for 2023
A high-ranking military official on January 20 called on members of the Royal Government Attorney Group (RGAG) and Samdech Techo Sen’s Voluntary Lawyers Group to remain engaged in government efforts to advance the rule of law, reform the legal and judiciary systems, combat corruption, strengthen ...
Post Staff
https://www.phnompenhpost.com/national/hun-manet-cheers-prominent-lawyer-groups-2023
NBC: Int’l reserves $17.8B at end-2022
The Kingdom’s international reserves ended 2022 at $17.8 billion, equivalent to seven months of import cover, compared to $20.3 billion and 8.1 months at end-2021, which pundits affirm is still high for a developing country given the recent global financial crisis, signalling positive levels of ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-intl-reserves-178b-end-2022
ADB offers Covid recovery package
Cambodia could potentially benefit from a $20.5 billion financial package for the Asia-Pacific committed by the Asian Development Bank (ADB), and use the funds to support its post-Covid-19 economic recovery, as extreme weather events compounded by a worsening regional food crisis and the still-ongoing Ukraine ...
May Kunmakara
https://www.phnompenhpost.com/business/adb-offers-covid-recovery-package
Mother Nature Youth urges government to include Koh Kong Krao as Marine National Park
Nearly 20 Mother Nature Movement youths have once again submitted a petition to the Ministry of Environment urging the inclusion of Koh Kong Krao as a Marine National Park and demanding the revocation of the Koh Kong Krao Development License from Tycoon Ly Yong Phat’s ...
Touk Piseth
http://rb.gy/bdav3