E-commerce, digital shift power MSMEs: minister
E-commErcE and thE ongoing digital transformation havE bEEn boosting thE productivity and compEtitivEnEss of small and micro-, small- and mEdium-sizEd EntErprisEs (MSME) in Cambodia, MinistEr of CommErcE Pan Sorasak said last wEEk. Ef='https://opEndEvElopmEntcambodia.nEt/nEws/E-commErcE-digital-shift-powEr-msmEs-ministEr/ ' class='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/e-commerce-digital-shift-power-msmes-minister
GDT changes VAT rules for e-commerce transactions for taxable persons who are non-resident taxpayers
The General Department of Taxation (GDT) of the Ministry of economy and Finance (MeF) has changed its instruction on implementing the value-added tax (VAT) on e-commerce transactions ef='https://opendevelopmentcambodia.net/news/gdt-changes-vat-rules-for-e-commerce-transactions-for-taxable-persons-who-are-non-resident-taxpayers/ ' class='cambodia-color'>...
Kang Sothear
https://www.khmertimeskh.com/501229020/gdt-changes-vat-rules-for-e-commerce-transactions/
Concerns in Cambodia over Indonesia’s e-commerce rules
Indonesia’s new regulations curtailing e-commerce have raised concerns in Cambodia as experts warned that such moves can harm the integration of the regional economy, the progress of digitalization and the future of cross-border trade. ef='https://opendevelopmentcambodia.net/news/concerns-in-cambodia-over-indonesias-e-commerce-rules/ ' class='cambodia-color'>...
Manoj Mathew
https://www.khmertimeskh.com/501375024/concerns-in-cambodia-over-indonesias-e-commerce-rules/
Cambodia earns nearly $21 million in taxes from e-commerce
Cambodia’s General Department of Taxation (GDT) made e-commerce value-added tax (VAT) income of $20.9 million from the operations of electronic goods and services in the first quarter of 2023, a GDT report said on Monday. ef='https://opendevelopmentcambodia.net/news/cambodia-earns-nearly-21-million-in-taxes-from-e-commerce/ ' class='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501278795/cambodia-earns-nearly-21-million-in-taxes-from-e-commerce/
Over $53M in e-commerce taxes since May, GDT says
The General Department of Taxation (GDT) reports that it has collected 214.68 billion riel ($53.01 million) in taxes from e-commerce to date since May 2022 – with an above-average 36.62 billion riel or $9.04 million last month alone – in a feat seen as an ef='https://opendevelopmentcambodia.net/news/over-53m-in-e-commerce-taxes-since-may-gdt-says/ ' class='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/over-53m-e-commerce-taxes-may-gdt-says
GDCE reviews efficacy of trade facilitations
The General Department of Customs and excise (GDCe) at a meeting on Tuesday with representatives of ministries, technical officials and members of express delivery companies discussed priorities, like the promotion of the cross-border e-commerce sector, use of risk management mechanisms, enhancing the effectiveness of tax ef='https://opendevelopmentcambodia.net/news/gdce-reviews-efficacy-of-trade-facilitations/ ' class='cambodia-color'>...
Hong Sovannary
https://www.khmertimeskh.com/501247700/gdce-reviews-efficacy-of-trade-facilitations/
E-commerce tax revenue surges through October
Cambodia garnered $62.8 million in e-commerce value-added tax (VAT) revenue during the first ten months of 2023, signifying a surge in electronic products and services in recent years. The income was collected from 82 non-resident taxpayer enterprises, supplying digital-related goods from abroad, according to the ef='https://opendevelopmentcambodia.net/news/e-commerce-tax-revenue-surges-through-october/ ' class='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/e-commerce-tax-revenue-surges-through-oct
GDCE workshop updates officials on e-payment
In an effort to ensure customs and excise officials are updated on the latest in payments, the National School of Customs, General Department of Customs and excise of Cambodia (GDCe), on Monday organized a workshop. ef='https://opendevelopmentcambodia.net/news/gdce-workshop-updates-officials-on-e-payment/ ' class='cambodia-color'>...
Rachel David
https://www.khmertimeskh.com/501496412/gdce-workshop-updates-officials-on-e-payment/
Minister of Commerce recommends five points to promote the export of Cambodian products
Cham Nimul, Minister of Commerce, on May 27, presided over the opening ceremony of the seminar on “Beyond Borders: Bringing Cambodian Products to Global Markets through Alibaba.com, ”which was attended by leaders of the Ministry of Commerce, representatives of the Ministry of Posts and Telecommunications, ef='https://opendevelopmentcambodia.net/news/minister-of-commerce-recommends-five-points-to-promote-the-export-of-cambodian-products/ ' class='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501495567/minister-of-commerce-recommends-five-points-to-promote-the-export-of-cambodian-products/
GDT nets $75 million from e-commerce
The General Department of Taxation (GDT) earned value-added tax (VAT) of $75.5 million on e-commerce in 2023, a year-on-year increase of 71 percent from $44 million recorded in 2022, an official report showed. ef='https://opendevelopmentcambodia.net/news/gdt-nets-75-million-from-e-commerce/ ' class='cambodia-color'>...
Chea Vanyuth
https://www.khmertimeskh.com/501429247/gdt-nets-75-million-from-e-commerce/
Suspended funds stymie e-commerce law
The drafting of a law on e-commerce that would regulate electronic transfers in Cambodia has been postponed because the World Bank has suspended funds over the government’s handling of land evictions in Phnom Penh. In September, Commerce Minister Cham Prasidh said that the government should aim ef='https://opendevelopmentcambodia.net/news/suspended-funds-stymie-e-commerce-law/ ' class='cambodia-color'>...
Taiwanese bank now owns 70 pct of UCB
Taiwan’s E. Sun CommErcial Bank has purchasEd a 70 pEr cEnt stakE in Cambodia’s Union CommErcial Bank. ThE dEal, plannEd for months but announcEd yEstErday at a prEss confErEncE at thE SofitEl hotEl in Phnom PEnh, will bring tEchnology upgradEs and morE loan capital to thE Ef='https://opEndEvElopmEntcambodia.nEt/nEws/taiwanEsE-bank-now-owns-70-pct-of-ucb/ ' class='cambodia-color'>...
Kimsay Hor
http://www.phnompenhpost.com/business/taiwanese-bank-now-owns-70-pct-ucb
European imports of Cambodian bicycles up
Despite concern from the e.U. that Cambodia is being used by Chinese bicycle makers to avoid an anti-dumping duty, the bike industry has maintained strong export growth to europe, according to the latest data from the european Commission (e.C.). ef='https://opendevelopmentcambodia.net/news/european-imports-of-cambodian-bicycles-up/ ' class='cambodia-color'>...
Tej Parikh
https://www.cambodiadaily.com/news/european-imports-of-cambodian-bicycles-up-109352/
Replica temple dispute drags on, but soldiers unfazed
Cambodian soldiers stationed at Preah Vihear temple said relations with their Thai counterparts have remained friendly despite reports that a controversial replica temple built by the Thai military could be reopened. ef='https://opendevelopmentcambodia.net/news/replica-temple-dispute-drags-on-but-soldiers-unfazed/ ' class='cambodia-color'>...
Jonathan Cox
http://www.khmertimeskh.com/news/25238/replica-temple-dispute-drags--on--but-soldiers-unfazed/
Californian Winery Enters Cambodian Market
California-based winery e. & J. Gallo has entered Cambodia and is offering four of its more economically priced brands in an effort to introduce locals to wine without breaking their budget, company representatives said Monday. “Cambodia, as well as other markets in Asia, is perfect for ef='https://opendevelopmentcambodia.net/news/californian-winery-enters-cambodian-market/ ' class='cambodia-color'>...
Joshua Wilwohl
http://www.cambodiadaily.com/business/californian-winery-enters-cambodian-market-46863/
Man arrested, shots fired at land dispute protest
A villager was arrested and authorities fired shots Thursday in an attempt to quell a protest against the pending eviction in Preah Vihear province of more than 80 families at the hands of timber magnate Try Pheap, villagers said. Lor Chan, provincial coordinator for rights ef='https://opendevelopmentcambodia.net/news/man-arrested-shots-fired-at-land-dispute-protest/ ' class='cambodia-color'>...
Ben Sokhean
http://www.cambodiadaily.com/news/man-arrested-shots-fired-at-land-dispute-protest-63224/
Cambodian firms urged to embrace e-commerce
The president of the Cambodian Investment Federation on Sunday highlighted the critical role of e-commerce in the local market as the government works to turn the Kingdom into a digital economy. ef='https://opendevelopmentcambodia.net/news/cambodian-firms-urged-to-embrace-e-commerce/ ' class='cambodia-color'>...
Thou Vireak
https://www.phnompenhpost.com/business/cambodian-firms-urged-embrace-e-commerce
Government disputes HRW report
Ministry of EnvironmEnt spokEsman NEth PhEaktra has rEspondEd to a rEport issuEd by Human Rights Watch (HRW) which claimEd that thE construction of thE LowEr SEsan II HydropowEr Dam had undErminEd human rights in Cambodia. Ef='https://opEndEvElopmEntcambodia.nEt/nEws/govErnmEnt-disputEs-hrw-rEport/ ' class='cambodia-color'>...
Voun Dara
https://www.phnompenhpost.com/national/government-disputes-hrw-report
Press release on the soft launching ceremony of Electronic Know Your Business (e-KYB) System
On September 6, 2024, His excellency, Dr. Taing Nugonly, executive Director of Techo Startup Center with the representatives of 3 main ministries which are the Ministry of Commerce, the General Department of Taxation of the Ministry of economy and Finance, and the Ministry of Labour ef='https://opendevelopmentcambodia.net/announcements/press-release-on-the-soft-launching-ceremony-of-electronic-know-your-business-e-kyb-system/ ' class='cambodia-color'>...
Techo Startup Center
NBC reports 44% surge in electronic riel transactions
National Bank of Cambodia (NBC) governor Chea Serey announced an increase in electronic transactions and payments in Cambodian riel for 2023, noting that they were 44% higher than in 2022. ef='https://opendevelopmentcambodia.net/news/nbc-reports-44-surge-in-electronic-riel-transactions/ ' class='cambodia-color'>...
Van Socheata
https://www.phnompenhpost.com/national/nbc-reports-44-surge-in-electronic-riel-transactions