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Nation nears tax collection target amid challenges

The government has amassed over $3 billion in taxes during the first ten months of 2023, reaching 85.87% of the target set by the 2023 Law on Financial Management. ...

Samban Chandara
https://www.phnompenhpost.com/national/nation-nears-tax-collection-target-amid-challenges

Clean energy accounts for over 62 pct of energy consumption in Cambodia: minister

Renewable or clean energy used in Cambodia has accounted for more than 62 percent of the country’s total consumption, Minister of Mines and Energy Keo Rattanak said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501396099/clean-energy-accounts-for-over-62-pct-of-energy-consumption-in-cambodia-minister/

Six million people celebrate waater festival

Tob Sopheak, Ministry of Tourism (MoT) spokesperson, said on Wednesday that the three-day Water Festival attracted about six million revelers, including 73,000 foreigners. ...

Chhorn Raksmey
https://kiripost.com/stories/six-million-people-celebrate-water-festival

Kampong Speu, Cambodia’s 13th province to be free of landmines

Cambodia Mine Action Authority (CMAA) has declared Kampong Speu a landmine-free province on October 30 with a celebration marked by the inauguration of an administrative building by Prime Minister Hun Manet. ...

Rov Hongseng
https://kiripost.com/stories/kampong-speu-cambodia-13th-province-to-be-free-of-landmines

MFIs to restructure tourism, real estate loans

Microfinance institutions have been asked to conduct loan restructuring on a case-by-case basis for clients who face difficulties in the Siem Reap tourism sector, real estate and other industries. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/mfis-to-restructure-tourism-real-estate-loans

World Bank says Cambodian economy advances amid external, domestic headwinds

Cambodia’s economic growth is projected to reach 5.4 percent in 2023, marginally down from the 5.5 percent forecast in May, the World Bank said on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501396748/world-bank-says-cambodian-economy-advances-amid-external-domestic-headwinds/

ADB commits $1.26 bln to support Cambodia’s development for 5 years

The Asian Development Bank (ADB) announced in a news release on Wednesday that it has committed approximately $1.26 billion to support the Cambodian government from 2024 to 2028. ...

Khmer Times Staff
https://www.khmertimeskh.com/501505346/adb-commits-1-26-bln-to-support-cambodias-development-for-5-years/

Cambodian, Singaporean PMs highlight ASEAN unity, centrality

A Cambodian foreign ministry statement on Wednesday said that Cambodia and Singapore have emphasized the importance of maintaining the unity and centrality of the Association of Southeast Asian Nations (ASEAN). ...

Khmer Times Staff
https://www.khmertimeskh.com/501509992/cambodian-singaporean-pms-highlight-asean-unity-centrality/

Qingdao-based tyre manufacturer announces Kingdom investment plans

Chinese publicly-listed manufacturer, Mesnac Co., Ltd, announced plans this month to invest in a new manufacturing facility in Cambodia focussed on the production of tyre mould products. ...

James Whitehead
https://www.khmertimeskh.com/501512148/qingdao-based-tyre-manufacturer-announces-kingdom-investment-plans/

Report was to improve workers’ condition, CENTRAL clarifies; Interior Ministry investigates

The Center for Alliance of Labor and Human Rights (CENTRAL) clarified that its report, which highlighted restrictions on freedom of association, was aimed at improving workers’ conditions and ensuring respect for the rights of trade unions and leaders. ...

CamboJA staff
https://cambojanews.com/report-was-to-improve-workers-condition-central-clarifies-interior-ministry-investigates/

Consumer loans swell by 12%, reflecting banking industry growth

Consumer loans increased by 12 percent in the first half of 2024 compared to the previous year’s figure of 10.5 percent, said Association of Banks in Cambodia (ABC) Chairman and MayBank CEO Rath Sophoan at the Cambodia Banking Conference 2024, on Thursday. ...

Rachel David
https://www.khmertimeskh.com/501546093/consumer-loans-swell-by-12-reflecting-banking-industry-growth/

Cambodia attracted $396 mil fixed-asset investment in July

Cambodia attracted $396 million in fixed-asset investment in July this year, the Council for the Development of Cambodia (CDC) said in a news release on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501570504/cambodia-attracted-396-mil-fixed-asset-investment-in-july/

Health exam committee targets fake certificates

Cambodia’s national examination committee is set to crack down on applicants using fake high school certificates for health sector degree exams. ...

Chea Sokny
https://www.phnompenhpost.com/national/health-exam-committee-targets-fake-certificates

Disability Action Team set up for rehabilitation of the disabled

The Ministry of Interior has established a “Disability Action Team” to help advice Ministry on issues related to the disabled people and increase their employment opportunities within the Ministry. ...

Torn Vibol
https://www.khmertimeskh.com/501451831/disability-action-team-set-up-for-rehabilitation-of-the-disabled/

‘Visit Siem Reap 2024’ campaign kicks off to attract foreign tourists

The Visit Siem Reap 2024 campaign was launched on Saturday in​ Siem Reap province, home of famed UNESCO-listed Angkor Archaeological Park, to attract more foreign tourists to visit the land rich in cultural landscapes. ...

Chea Vanyuth
https://www.khmertimeskh.com/501457410/visit-siem-reap-2024-campaign-kicks-off-to-attract-foreign-tourists/

CHN Energy to explore renewable power potential in Kingdom

CHN Energy Investment Group Co. LTD, a state-owned mining and energy company in China, has proposed energy investment focusing on renewable power sources – solar PV and hydropower dams. ...

Chea Vanyuth
https://www.khmertimeskh.com/501470291/chn-energy-to-explore-renewable-power-potential-in-kingdom/

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