Gov’t to intervene informal economy affected by inflation, says PM
The government on Wednesday approved a new mechanism to intervene in the informal economy by providing cash to Cambodian households who run informal businesses that are affected by inflation by November 2022 amid Russia’s ongoing invasion of Ukraine and sanctions, said Prime Minister Hun Sen ...
Kang Sothear
https://www.khmertimeskh.com/501164008/govt-to-intervene-informal-economy-affected-by-inflation-says-pm/
Indonesia flights set for return?
Tourism minister Thong Khon has asked Indonesia to push for the resumption of direct flights to Cambodia as soon as possible to build up bilateral tourism flows, the tourism ministry said, after Indonesian arrivals to the Kingdom ballooned by nearly 600 per cent year-on-year in ...
Hin Pisei
https://www.phnompenhpost.com/business/indonesia-flights-set-return
ASEAN seeks stronger economic partnerships with RoK, Russia
Economic ministers of ASEAN countries and the Republic of Korea (RoK) discussed the directions of negotiations for the upgrade of the ASEAN-Korea Free Trade Agreement (AKFTA) during their consultation meeting in Siam Reap, Cambodia, on September 16 within the framework of the 54th ASEAN Economic ...
Khmer Times Staff
https://www.khmertimeskh.com/501152439/asean-seeks-stronger-economic-partnerships-with-rok-russia/
Tax revenue passes target amid money laundering cases
The General Department of Taxation (GTD) of the Ministry of Economy and Finance (MEF) has collected more than $2.94 billion of tax revenue for the period of first 10 months this year, which passes the amount set in the budget law 2022 and increases 26.96 ...
Kang Sothear
https://www.khmertimeskh.com/501186161/tax-revenue-passes-target-amid-money-laundering-cases/
Forum shows fruits of China-Cambodia cultural exchanges
The second China-Cambodia cultural exchange forum was held in Beijing on Monday, fulfilling the joint vow of carrying forward the “ironclad friendship” and building high-quality, high-level and high-standard ties between the two countries, following Cambodian Prime Minister Hun Sen’s visit to China. ...
Hu Yuwei
https://www.globaltimes.cn/page/202302/1285400.shtml
Cambodia, Germany explore investment diversification
German delegation led by Michael Keller, Secretary of State of the Federal Ministry of Economic Affairs and Climate Action yesterday called on Sok Chenda Sophea, Minister attached to Prime Minister and Secretary General of the Council for the Development of Cambodia (CDC)—the highest decision making ...
Kang Sothear
https://www.khmertimeskh.com/501239504/cambodia-germany-explore-investment-diversification/
Ministry calls for better co-op with Preah Vihear rangers in sanctuaries
The Ministry of Environment and Preah Vihear Provincial Administration called on the authorities in villages and communes near the Phnom Tnaot-Phnom Pok Wildlife Sanctuary to increase their cooperation with forest rangers. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/ministry-calls-better-co-op-preah-vihear-rangers-sanctuaries
Finance ministry unveils 2030-vision toolkit
The Ministry of Economy and Finance on February 15 published a document establishing a series of internal goals, objectives, approaches and actions with a vision to 2030, to better align with the Royal Government of Cambodia’s (RGC) policies and strategies. ...
Hin Pisei
https://www.phnompenhpost.com/business/finance-ministry-unveils-2030-vision-toolkit
‘Single Portal’ registers 22K firms
A total of 22,713 companies, with cumulative “registered share capital” of $6.40 billion, were approved by the six first-phase agencies and successfully registered on the online Business Registration Platform – also known as the “Single Portal” – as of March 6 at 2pm, the online ...
Hin Pisei
https://www.phnompenhpost.com/business/single-portal-registers-22k-firms
No additional Covid rules for arrivals from China: PM
Cambodia will not follow in other countries’ footsteps in imposing any additional restrictions towards arrivals from mainland China, amid concerns that soaring Covid-19 cases there could drive the emergence of new and potentially more dangerous variants of the novel coronavirus, Prime Minister Hun Sen affirmed ...
Hin Pisei
https://www.phnompenhpost.com/business/no-additional-covid-rules-arrivals-china-pm
Cambodia’s export to RCEP countries up 16 pct in first 4 months of 2023
Cambodia’s total export to the Regional Comprehensive Economic Partnership (RCEP) member countries amounted to $ 2.89 billion in the first four months of 2023, up 16 percent from $ 2.49 over the same period last year, the Ministry of Commerce’s latest report showed on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501290532/cambodias-export-to-rcep-countries-up-16-pct-in-first-4-months-of-2023/
Plastic control key for Cambodia to create circular economy
Cambodia is about to embark on a major journey to control plastic waste with the avowed purpose of enabling sustainable development and the creation of a circular economy (CE) that can help achieve the country’s 2050 twin targets of becoming carbon neutral as well as ...
Manoj Mathew
https://www.khmertimeskh.com/501306321/plastic-control-key-for-cambodia-to-create-circular-economy/
Cambodian exports to Canada up 17% in 2022
The Cambodia-Canada merchandise trade in 2022 was valued at $1.154 billion, soaring by 16.06 per cent over 2021, while the Kingdom’s exports to the second largest economy of the Americas accounted for 97.07 per cent, edging up by 1.08 percentage points on-year, according to the ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-canada-17-2022
NBC calls for more UK investment, exports
National Bank of Cambodia (NBC) assistant governor Chea Serey on February 7 proposed that British businesspeople ramp up their investments in Cambodia and buy more local goods, to strengthen bilateral economic relations and stimulate recovery in the Southeast Asian country following a downturn linked to ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-calls-more-uk-investment-exports
New train builds efficiency for China-ASEAN biz
The China-Laos-Thailand round-trip train, an extension of the China-Laos Railway, was successfully launched on Tuesday. The new efficient, stable cold chain channel is expected to inject new impetus into trade between China and member states of the Association of Southeast Asian Nations. ...
Khmer Times Staff
https://www.khmertimeskh.com/501236371/new-train-builds-efficiency-for-china-asean-biz/
Cambodia, Laos step up cooperation
Cambodian Prime Minister Hun Sen on February 13 started an official visit to neighbouring Laos. Sry Thamarong, minister attached to the prime minister, said that PM Hun Sen held bilateral talks with his Lao counterpart Sonexay Siphandone to discuss ways to further enhance bilateral ties ...
Khmer Times Staff
https://www.khmertimeskh.com/501238347/cambodia-laos-step-up-cooperation/
Pornmoniroth stresses economic growth, living standards
To enhance competitiveness, economic growth and Cambodian living standards, Minister of Economy and Finance (MEF) Aun Pornmoniroth shared inputs and issued directions to promote public work and the transportation sector at the result summary and work direction conference of the Ministry of Public Work and ...
Hong Sovannary
https://www.khmertimeskh.com/501240201/pornmoniroth-stresses-economic-growth-living-standards/
Cambodia’s agriculture census 2023 to be conducted in April
The Ministry of Planning will conduct the Agriculture Census of Cambodia 2023 throughout the country from April 1 to 30. The information was shared in a meeting here on February 15 chaired by Dr Chhay Than, Senior Minister and Minister of Planning, and Chairman of ...
Khmer Times Staff
https://www.khmertimeskh.com/501240797/cambodias-agriculture-census-2023-to-be-conducted-in-april/
Exports to Vietnam swell 36% in Jan-Feb
Cambodian goods exports to Vietnam amounted to $491.180 million in the first two months of 2023 – surging by 36.12 per cent over the same time last year – accounting for 45.28 per cent of bilateral trade, jumping up by 7.30 percentage points year-on-year, according ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-vietnam-swell-36-jan-feb
Consumers’ complaint mechanism soon, NBC says
The National Bank of Cambodia has prepared a draft proclamation on standardised or common consumers’ complaint response mechanism for all banking, payment and financial institutions in the country to comply with NBC’s guidelines after consumers have expressed dissatisfaction over the existing mechanisms, said a senior ...
Kang Sothear
https://www.khmertimeskh.com/501325554/consumers-complaint-mechanism-soon-nbc-says/