Cambodian parliament passes judicial reform laws amid opposition boycott
Cambodia’s ruling party- controlled National Assembly has unanimously passed three laws, designed to strengthen the country’s judicial system, despite ongoing boycott of parliament by the main opposition party. the Law on the Organization of the Judiciary was adopted on Thursday, and the Laws on the Organization ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/23/c_133355900.htm
Cambodia attracts $1.1 bln fixed-asset investment in H1 of 2023
Cambodia attracted 113 fixed-asset investment projects worth $1.1 billion in the first half of 2023, creating some 122,000 new jobs, said a Council for the Development of Cambodia’s report on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501322866/cambodia-attracts-1-1-bln-fixed-asset-investment-in-h1-of-2023/
Gov’t to exempt patent tax for online press
The Royal Government of Cambodia (RGC) has agreed to exempt patent tax for small online press institutions as well as reduce 50 percent of The registration fee to The new press united in The Ministry of Information (MoI) for The next five years, said a ...
Nhean Chamrong
https://www.khmertimeskh.com/501398047/govt-to-exempt-patent-tax-for-online-press/
NBC policies in line with Pentagonal Strategy
The first plenary session of The new Council of Ministers under The leadership of Prime Minister Hun Manet has approved The Pentagonal Strategy-Phase 1 on August 24, 2023, to unleash a host of economic activities to be implemented to transform Cambodia into a high-income economy ...
Khmer Times Staff
https://www.khmertimeskh.com/501377575/nbc-policies-in-line-with-pentagonal-strategy/
Securities and Exchange Commission will regulate the Stock Exchange
The laws and regulations that govern Cambodia’s securities market were derived from The Objectives and Principles of The International Organization for Securities Commissions (IOSCO) and The best practices in The region, according to Dr. Ming Bankosal, Director General of The SECC. The SECC which ...
Cambodia records 3 mln int’l tourists in 7 months
Cambodia registered 3,037,344 international tourists in the first seven months of 2023, a significant rise of 308 percent from 743,459 over the same period last year, said a Ministry of Tourism’s report released on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501344304/cambodia-records-3-mln-intl-tourists-in-7-months/
Comprehensive Land Policy Is Under Construction
In response to the vision of land policy in Cambodia, which is to administer, manage, use and distribute land in an equitable, transparent, efficient, and sustainable manner in order to contribute to achieving national goals of poverty alleviation, ensuring food security, national resources and environmental ...
Cambodian PM invited to summit of heads of state and government of group of 77+China in Cuba next month
President of Cuba Miguel Diaz-Canel Bermudez has invited Kitti Tesaphibal Pundit Hun Manet, Prime Minister of the Kingdom of Cambodia, to participate in the Summit of Heads of State and Government of the Group of 77+China in Havana, Cuba in mid-September. ...
Khmer Times Staff
https://www.khmertimeskh.com/501349040/cambodian-pm-invited-to-summit-of-heads-of-state-and-government-of-group-of-77china-in-cuba-next-month/
CDC okays two S’ville hotels
The Council for The Development of Cambodia (CDC) last week approved two Chinese-invested hotel projects in Sihanoukville worth $379 million, it said in a Facebook post. The two five-star hotels by Xigang V-Continent International Investment Co Ltd and Hai Gang Grand Hotel Co Ltd have ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-two-sville-hotels
Industry leaders voice concern over sky-high cost of electricity
Private sector industry leaders speaking at an investment conference yesterday in the capital railed on the high cost of electrical power, which they said was sapping their competitiveness, while state officials offered assurances that state-backed power generation schemes would soon bring prices down. ...
Kali Kotoski
http://www.phnompenhpost.com/business/industry-leaders-voice-concern-over-sky-high-cost-electricity
Daily directors barred from leaving country
The Tax Department yesterday issued a letter asking The Immigration Department to prevent Deborah Krisher-Steele and Douglas Steele – both representatives of The Cambodia Daily – from leaving The country, a day after department head Kong Vibol said he would continue to pursue The tax ...
Niem Chheng
http://www.phnompenhpost.com/national/daily-directors-barred-leaving-country
CDC opens tax desk to advise foreign firms
The Council for The Development of Cambodia (CDC) established a tax desk at Their offices that will be staffed by employees from The General Department of Taxation, in hopes of easing The burden of registration for foreign companies. ...
Post Staff
http://www.phnompenhpost.com/business/cdc-opens-tax-desk-advise-foreign-firms
Cambodian exports to US down
Cambodia’s total exports to the United States declined last year compared with 2015, due to uncertainties in the US presidential race and rising exports from Vietnam and new market player Myanmar. ...
May Kunmakara
http://www.khmertimeskh.com/news/35260/cambodian-exports-to-us-down/
Cambodia’s trade with US reaches US$1.39-B in 1-H, + 4.5%
Cambodia’s trade with US reaches US$1.39-B in 1-H, + 4.5% Bi-lateral trade volume between Cambodia and the United States had jumped to US$1.39-B in 1-H of this year, a 4.5% rise compared with US$1.33-B at the same period last year, according to the statistics of the ...
http://www.livetradingnews.com/cambodias-trade-with-us-reaches-us1-39-b-in-1-h-4-5-83222.htm
Cambodia earns $2.5 billion from tourism in 2013
Cambodia earned $2.5 billion from the tourism sector last year, a senior government official said Monday. Last year’s income from tourism accounted for around 16 percent of the nation’s gross domestic product and provided jobs directly to about 400,000 people, Sok An said. the Cambodian government ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/140414/cambodia-earns-25-billion-tourism-2013
Chinese companies face culture shock
Faced with slower growth at home and rising labour costs, Chinese entrepreneurs are seeking foreign markets as never before.But as they rush abroad, they are grappling for the first time with unruly trade unions and meddlesome journalists. ...
The Post News Staff
http://www.phnompenhpost.com/business/chinese-companies-face-culture-shock-0
Child abuse costs Kingdom: study
Violence against children cost Cambodia approximately $168 million in 2013, or just over 1 per cent of GDP, according to a new report from the government and UNICEF that explores the economic impacts of physical abuse.Titled the economic burden of health consequences of violence against ...
Sen David
http://www.phnompenhpost.com/national/child-abuse-costs-kingdom-study
Legal assistance sought for juvenile victims, offenders
Bar Association of the Kingdom of Cambodia (BAKC) president Ly Chantola said the BAKC is collaborating with the UN Children’s Fund (UNICEF) to provide legal assistance to both juvenile victims and offenders at court hearings across the country. ...
Voun Dara
https://www.phnompenhpost.com/national/legal-assistance-sought-juvenile-victims-offenders
Cambodian authorities deport over 1,000 foreign nationals
In the first six months of this year, Cambodian authorities deported more than 1,000 foreign nationals living illegally in Cambodia. the deportations were made to ensure the safety of citizens and prevent cross-border crimes. ...
Hang Punreay
https://www.khmertimeskh.com/501344960/cambodian-authorities-deport-over-1000-foreign-nationals/
New PM urges Royal Government to commit to nation’s success
Kitti Tesaphibal Bindit Hun Manet, Prime Minister of the Kingdom of Cambodia, requested his colleagues in the Royal Government to do their utmost to fulfill this noble national mission to achieve the glorious new mandate given by the people through elections. ...
Khmer Times Staff
https://www.khmertimeskh.com/501348610/new-pm-urges-royal-government-to-commit-to-nations-success/