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. ...
Manoj Mathew
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)
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/
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/
Chinese gov’t invests in language courses
In an effort to bolster China’s cultural influence and expand bilateral ties, the Chinese government last week donated $203,000 to support the Kingdom’s increasingly popular Chinese-language classes. The funding was transferred last Thursday to the Chinese Association in Cambodia, which said it plans to expand class ...
Laignee Barron and Sen David
http://www.phnompenhpost.com/national/chinese-gov%E2%80%99t-invests-language-courses
SMEs call for better loan rates
The Kingdom’s small and medium enterprises have called on commercial banks and micro-finance institutions to lower interest rates on loans, as insiders have said they hamper SMEs’ potential for growth. Many Cambodian SMEs are concerned that the high interest rates offered by banks reduce productivity, according ...
http://www.phnompenhpost.com/index.php/2011092151765/Business/smes-call-for-better-loan-rates.html
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 ...
India urges more trade action
The Indian ambassador to Cambodia is calling on the government to reduce exorbitant shipping costs and take better advantage of a tariff scheme that India offers, two obstacles that the diplomat says are discouraging bilateral trade. Ambassador Dinesh Patnaik said on Tuesday that Indian businesses exporting ...
Eddie Morton
http://www.phnompenhpost.com/business/india-urges-more-trade-action
Farmers Accuse Mining Company of Threatening Land Grab
Some 300 farmers protested for a second day at their local commune office in Preah Vihear province Thursday against a mining company they accuse of threatening to steal their land unless they accepted its compensation offer to relocate. The Ministry of Industry, Mines and Energy granted ...
Aun Pheap
http://www.cambodiadaily.com/news/farmers-accuse-mining-company-of-threatening-land-grab-48209/
Report slams dam payouts
Households displaced by the massive Lower Sesan II hydropower dam project in Stung Treng province are being under-compensated by as much as $80,000, according to a new study.The research, published by the Rivers Coalition of Cambodia and led by political aspirant Kem Ley, found that ...
Taing Vida
http://www.phnompenhpost.com/national/report-slams-dam-payouts
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/
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