Follow NBC official exchange rate, taxpayers told
The General Department of Tax (GDT) of the Ministry of Economy and Finance has asked tax payers to follow the official exchange rate issued by National Bank of Cambodia (NBC), in a move to strengthen tax collection efficiency. ...
Khmer Times Staff
https://www.khmertimeskh.com/501177006/follow-nbc-official-exchange-rate-taxpayers-told/
MoU signed for India-Cambodia cross-border payments
The National Bank of Cambodia (NBC) and NPCI International Payments Limited (NIPL) have signed a Memorandum of Understanding (MOU) to promote cross-border payments and remittances between Cambodia and India. ...
Meas Molika
https://kiripost.com/stories/mou-signed-for-india-cambodia-cross-border-payments
Cambodia’s rubber exports earn more than $200 million, up nearly 40%
Cambodia earned more than $200 million from the export of rubber and rubber products, an increase of more than 38 percent compared to the same period in 2022, reaching just over $149 million. This is according to the four-months report of 2023 of the General ...
Khmer Times Staff
https://www.khmertimeskh.com/501293951/cambodias-rubber-exports-earn-more-than-200-million-up-nearly-40/
BFIs code of conduct fully implemented
After its rollout about a year ago, Cambodian banks and financial institutionals (BFIs) and members of the Cambodian Association of Finance and Technology (CAFT) have finally fully implemented the code of conduct and lending guidelines. ...
Kiripost staff writers
https://kiripost.com/stories/cambodia-bfis-code-of-conduct-fully-implemented
Philippines to boost labour, social security co-op
Cambodia and the Philippines have expressed their commitment to further strengthening cooperation to enhance labour rights and social security for the benefit of the people of both nations, as part of their partnership as ASEAN member states. ...
Post Staff
https://www.phnompenhpost.com/national/philippines-boost-labour-social-security-co-op
CDC approves $71 million in new investments to create 9,500 jobs
Eight new projects worth $71.4 million have been approved by the Council for the Development of Cambodia (CDC). The new projects will create over 9,500 jobs at a critical juncture in the Kingdom’s economic recovery. ...
Michael Firn
https://www.khmertimeskh.com/50906237/cdc-approves-71-million-in-new-investments-to-create-9500-jobs/
New visa stamps aim to curb trafficking, illegal employment
The government has introduced a new measure in its fight against human trafficking, with tourist visas now specifically indicating that the bearer is unable to work legally in Cambodia. ...
Chea Sokny
https://www.phnompenhpost.com/national/new-visa-stamps-aim-to-curb-trafficking-illegal-employment
Fuel prices to fall as price caps revealed
The government announced a set of price caps on retail petroleum products yesterday based on the application of its new fuel-pricing mechanism. Sor Chandara ...
Sor Chandara
http://www.phnompenhpost.com/business/fuel-prices-fall-price-caps-revealed
Ministry rolls out new strategy to revitalize arts
The Ministry of Culture on Tuesday introduced the country’s first strategic cultural policy, an ambitious plan that includes setting up provincial cultural centers, launching arts education in schools, holding annual cultural events and promoting individual artists. Speaking to an audience that included representatives from the leading ...
Kuch Naren and Michelle Vachon
http://www.cambodiadaily.com/news/ministry-rolls-out-new-strategy-to-revitalize-arts-68720/
Consumer protection draft law almost ready
Officials at the Ministry Of Commerce and Council Of Ministers announced yesterday that a draft consumer protection law, which is intended to ensure that food and consumer products made domestically or imported into Cambodia are safe, was almost complete. A quarter Of the almost 60 ...
Chea Vannak
http://www.khmertimeskh.com/news/28562/consumer-protection-draft-law-almost-ready/
Former maid stopped with ‘fake’ ID doc
Thai authorities on Tuesday arrested a former Cambodian maid and her Malaysian boyfriend as they allegedly attempted to enter Cambodia using fake passports at the Poipet border checkpoint yesterday after travelling overland from Malaysia, border officials said yesterday. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/former-maid-stopped-fake-id-doc
Gov’t announces new plan to stop violence against women
As violence against women remains pervasive throughout the country, the government on Tuesday launched a second action plan that it hopes will help give women greater protection. The National Action Plan to Prevent Violence Against Women 2014-2018 focuses on preventing gender-based violence and aims to provide ...
Chris Mueller
https://www.cambodiadaily.com/news/govt-announces-new-plan-to-stop-violence-against-women-77759/
Feb 27 dolphin territory fishing ban scrapped to save livelihoods
The government on April 27 issued a new sub-decree reversing its ban imposed in February on all fishing in the Mekong dolphin conservation zone. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/feb-27-dolphin-territory-fishing-ban-scrapped-save-livelihoods
Taxation law may take effect in ‘next 2-3 months’: GDT
The new Law on Taxation may be promulgated as soon as “in the next two or three months”, replacing the 1997 original, aiming to bring the Cambodian tax regime more in line with current and anticipated international standards and economic environment, as well as to ...
May Kunmakara
https://www.phnompenhpost.com/business/taxation-law-may-take-effect-next-2-3-months-gdt
Cabinet pass draft Royal Decree on out-of-court mediation body
Prime Minister Hun Manet has approved a draft Royal Decree on the establishment, organisation and functioning of the new National Authority for Out-of-Court Mediation, one of the four agenda items passed during an October 27 Cabinet meeting. ...
Post Staff
https://www.phnompenhpost.com/national/cabinet-pass-draft-royal-decree-out-court-mediation-body
Hun Sen’s Student Volunteers to Resume Land-Titling Program
The government is set to start re-deploying student volunteers to measure and demarcate plots of land across the country as part of Prime Minister Hun Sen’s land-titling scheme, which was briefly suspended ahead of July’s national election. The program was announced by the prime minister in ...
Kuch Naren and Ben Woods
http://www.cambodiadaily.com/news/hun-sens-student-volunteers-to-resume-land-titling-program-47528/
Singmeng looks for
Singapore-based SingMeng Telemedia yesterday announced a new suite of network and services to expand its coverage in the Kingdom, where it has invested $100 million. ...
Sum Manet
http://www.khmertimeskh.com/news/23400/singmeng-looks-for-expansion/
NGOs say selling off old land concessions is premature
The government’s announcement on Wednesday that companies looking to start rubber plantations could skirt a moratorium on new economic land concessions (ELCs) by taking over existing, dormant ones continued to make a good impression on prospective investors in town Thursday. Ly Phalla, who heads the Agriculture ...
Zsombor Peter
http://www.cambodiadaily.com/archives/ngos-say-selling-off-old-land-concessions-is-premature-53677/
Prize seeks to stymie corruption
Two organisations hope a new award, which includes cash prizes and entry into an international corruptionr-reporting conference, will encourage Cambodian journalists to up their game in reporting on corruption issues. ...
Sean Teehan
http://www.phnompenhpost.com/prize-seeks-stymie-corruption
Cambodia, KOICA discuss request survey of new projects for 2024
The Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB / CDC) and Korea International Cooperation Agency (KOICA) held a roundtable dialogue here on May 16 to review request survey of new projects for 2024 in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501076896/cambodia-koica-discuss-request-survey-of-new-projects-for-2024/