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. ...
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/
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/
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 ...
Cambodians wanted more from Obama
He came, he said nothing, he left. Publicly at least, President Barack Obama, the first US head of state to visit the Kingdom, uttered not a single word to the Cambodian people, although many have noted that he was extremely pressed for time. Cambodians, from the ...
Cambodian Scholar Suggests Pernicious Effects of Aid Dependence
For political economist Sophal Ear, this view is more nuanced. In his book ‘Aid Dependence in Cambodia: How Foreign Assistance Undermined Democracy‘, published by the Columbia University Press (2012), years of dependency are not showing positive results in the rehabilitation of Cambodia, its democracy and war ...
http://asiancorrespondent.com/90669/cambodian-scholar-suggests-pernicious-effects-of-aid-dependence/
FedEx opens new air freight hub
FedEx has officially opened its new South Pacific Regional Hub in Singapore, the largest consolidated facility in the Asia-Pacific region. The $97 million hub is the first and only express transportation facility in Singapore. The 282,700-square-foot integrated facility houses air, ground and clearance operations under one roof ...
http://www.supplychainreview.com.au/news/articleid/81499.aspx
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/