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International tourists to Cambodia through the three airports decreased by 92%

The number of foreign tourists visiting Cambodia through the three international airports in the first seven months of 2021 was about 50,000, down more than 92 percentage compared to the same period in 2020. According to data from the Ministry of Tourism. ...

Hin Pisei
https://www.postkhmer.com/business/2021-09-06-1435-223076.html

Ministry hands out eco-awards

The Ministry of Environment has introduced many programmes that promote environmentally friendly activities to ensure that Cambodia maintains a clean and green environment that evolves with the times, according to minister Say Samal.   ...

Mom Kunthear
https://www.phnompenhpost.com/national/ministry-hands-out-eco-awards

Turkey pledges closer relations as Kingdom opens new embassy

Turkey has pledged to increase cooperation with Cambodia as the chair of ASEAN in 2022, and believes the opening of embassies in the two countries will further elevate bilateral relations.   ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/turkey-pledges-closer-relations-kingdom-opens-new-embassy

Ministry aiming for 2023 promulgation of Freedom of Information Act

The Ministry of Information, in response to a number of civil society organisations, said it has been working to accelerate the drafting of the Freedom of Information Act. The ministry said it is optimistic that the law will be promulgated in 2023. ...

Post Staff
https://www.phnompenhpost.com/national/ministry-aiming-2023-promulgation-freedom-information-act

A Pheu Thai-led government could revive talks with Cambodia on gas exploration

A good relationship with the Cambodian government would be a prerequisite for the resumption of negotiations on overlapping claims to natural gas resources in the Gulf of Thailand, experts said, but warned of a return to a cold conflict if there were mutual reservations. ...

Khmer Times Staff
https://www.khmertimeskh.com/501342000/a-pheu-thai-led-government-could-revive-talks-with-cambodia-on-gas-exploration/

Oddar Meanchey inaugurate new hospital building worth over $2 million

Minister of Health Prof Mam Bunheng, with the participation of the leadership of the Ministry of Health, officially inaugurated a new building in Oddar Meachey Provincial Referral Hospital. ...

Khmer Times Staff
https://www.khmertimeskh.com/501248326/oddar-meanchey-inaugurate-new-hospital-building-worth-over-2-million/

Prices must be displayed on all goods, services

On the recommendation of Prime Minister Hun Sen, the Ministry of Commerce has notified all departments of commerce in the capital and provinces that prices must be affixed to all goods throughout the Kingdom. ...

Post Staff
https://www.phnompenhpost.com/business/prices-must-be-displayed-all-goods-services

Deal inked for $19m biodiverse landscapes fund

The British Embassy Phnom Penh and the Secretary of State of the Ministry of Environment on Thursday signed a Memorandum of Understanding (MoU), formalizing cooperation on the UK’s Biodiverse Landscapes Fund (BLF) in Cambodia. ...

Mon Sokeo
https://kiripost.com/stories/cambodia-deal-inked-for-19m-biodiverse-landscapes-fund

Ministry of Inspection to leave no stone unturned

The Ministry of Inspection is dedicated to carefully examining all sectors, both national and sub-national, to prevent and adopt various actions to combat corruption, said Minister Huot Hak. ...

Som Sotheary
https://www.khmertimeskh.com/501418149/ministry-of-inspection-to-leave-no-stone-unturned/

Chinese modernization delivers economic growth for the world, says Cambodian Think Tank director

“China was the powerhouse of economic growth globally for the last 30 years. Now, this modernization program can help to deliver more economic growth for the world,” said Digby James Wren, a senior special adviser to, and director of the Mekong Research Center, the International ...

Khmer Times Staff
https://www.khmertimeskh.com/501190553/chinese-modernization-delivers-economic-growth-for-the-world-says-cambodian-think-tank-director/

Finance Ministry Defends Ambiguity in 2014 Budget Bill

The Finance Ministry on Wednesday defended itself against recent reports that some 45 percent of the government’s $3.4 billion draft budget for 2014 remains unallocated, issuing a statement explaining that the money will pay for loans, subsidies and other vital expenses. According to the statement, ...

Hul Reaksmey
http://www.cambodiadaily.com/news/finance-ministry-defends-ambiguity-in-2014-budget-bill-47530/

Banking sector firms up its foundations

Cambodia’s banking sector enjoyed another strong performance last year as the Kingdom’s economy continued to expand, with banking credit moderating, deposits increasing and financial institutions remaining healthy as they further integrate into the global economy, the central bank said in its annual report yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/banking-sector-firms-its-foundations

Land Minister addresses corruption

Land Management Minister Chea Sophara on Thursday instructed cadastral officials throughout the country to ensure accurate measurements and avoid corruption when demarcating people’s land. The instruction came after the ministry obtained sophisticated equipment using Global Navigation Satellite System (GNSS) technology. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/land-minister-addresses-corruption

Cambodian garment unions threaten strike after wage demand is voted down

Cambodian unions have warned of possible strikes after a tripartite working group voted down their demand for a U.S. $40 increase in the monthly minimum wage for garment factory workers. Twenty-seven representatives of unions, factory owners and the government decided in a secret vote in Phnom ...

Roseanne Gerin
http://www.rfa.org/english/news/cambodia/garment-workers-wages-10302014185252.html

Cambodian cabinet approves 3 draft laws to strengthen judicial system

The Council of Ministers of Cambodia on Friday passed three draft laws, designed to strengthen the country’s longtime-criticized judicial system, according to a government media statement. The green light was given during a weekly cabinet meeting, which was chaired by Prime Minister Hun Sen. ...

Authint Mail News Staff
https://www.authintmail.com/article/asia/cambodian-cabinet-approves-3-draft-laws-strengthen-judicial-system

Unstoppable worker outflow dims Cambodia's future prospects

Despite Thailand’s latest effort to stem the flow of migrants, workers from Cambodia continue to cross the border, as they try to flee an economy that offers little reward for their work. ...

Danielle Keeton-olsen
https://asia.nikkei.com/Spotlight/Drifting-Cambodia/Unstoppable-worker-outflow-dims-Cambodia-s-future-prospects

Government reduces tax load on MFIs receiving money from abroad

The Ministry of Economy and Finance (MEF) recently decided to shrink the tax burden for local microfinance institutions (MFIs) by lowering withholding tax on interest from loans acquired from abroad from 14 to 10 percent, a move that the government claims will keep the massive ...

Hor Kimsay
http://www.phnompenhpost.com/business/government-reduces-tax-load-mfis-receiving-money-abroad

NBC’s Chanto: Kingdom’s growth will hit 6% in 2023

The central bank governor has set a six per cent target for Cambodia’s economic growth in 2023 – higher than the 5.2-5.8 per cent forecast by major international institutions such as the Asian Development Bank (ADB), World Bank (WB) and International Monetary Fund (IMF). ...

Rann Reuy
https://www.phnompenhpost.com/national/nbcs-chanto-kingdoms-growth-will-hit-6-2023

Siam Kubota launches Cambodia, Laos units

Siam Kubota Corporation Co Ltd is set to expand its business by opening subsidiaries in Cambodia and Laos as part of its preparation for the launch of the ASEAN Economic Community (AEC) in 2015. Siam Kubota has invested a total of Bt68 million in the two ...

Erich Parpart
http://www.nationmultimedia.com/business/Siam-Kubota-launches-Cambodia-Laos-units-30228172.html

ANZ, MFI partner to bridge financial sectors

ANZ Royal Bank and local microfinance institution Hattha Kaksekar Limited (HKL) on Monday entered into the first partnership of its kind in Cambodia in a bid to bring together clients from either side of the financial spectrum. Following the signing of a Memorandum of Understanding at ...

George Styllis
http://www.cambodiadaily.com/business/anz-mfi-partner-to-bridge-financial-sectors-60902/

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