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Cambodia GFT exports at $6.27 billion in 7 months

Cambodia’s biggest export-earning segment of garments, footwear and travel (GFT) goods extended its lean patch into the seventh month of the year, as the exports recorded a decline of 20.44 percent in the January to July period of 2023. ...

Manoj Mathew
https://www.khmertimeskh.com/501342930/cambodia-gft-exports-at-6-27-billion-in-7-months/

TR, ACLEDA join hands to boost human resources

The Trust Regulator (TR) and ACLEDA Institute of Business (AIB) on Friday signed the Memorandum of Understanding (MoU) to improve and develop human resources in the field of the trust sector across all learning institutions in Cambodia. ...

Nhean Chamrong
https://www.khmertimeskh.com/501346749/tr-acleda-join-hands-to-boost-human-resources/

Exports inch up in spite of international trade falling from Jan-Aug

Trade between Cambodia and international partners in the first eight months of 2023 amounted to nearly $32 billion, down 14.5 per cent compared to $37.4 billion in the same period in 2022, although the General Department of Customs and Excise of Cambodia (GDCE) contended that ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-inch-spite-international-trade-falling-jan-aug

Japan, Cambodia collaborate on human rights initiatives

Japan and Cambodia explored avenues for international cooperation in peacekeeping efforts, humanitarian assistance initiatives, and collaboration within the international arena at the 12th Cambodia-Japan Human Rights Dialogue meeting yesterday. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501351940/japan-cambodia-collaborate-on-human-rights-initiatives/

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)

Download: pdf

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/

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

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

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

Campaign Against Gender Violence Launched

The Ministry of Women’s Affairs, NGOs and several U.N. agencies Monday launched the 13th annual campaign against gender-based violence, which this year is focused on rape, organizers said Monday. Sixteen Days of Activism Against Gender Violence is an international campaign celebrated in countries around the globe ...

Denise Hruby
http://www.cambodiadaily.com/news/campaign-against-gender-violence-launched-47895/

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

Cambodian PM says not to appoint capable children in posts

Cambodian Prime Minister Hun Sen said Wednesday that he could not appoint his children in the cabinet posts even though they were qualified. “I have five children and five children-in-law. All of them have possessed degrees ranging from bachelor’s degrees to doctorate’s degrees, but I cannot ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-08/06/c_133536466.htm

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/

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