Government

Gov’t collects $1.68B in tax revenue

The General Department of Taxation (GDT) collected $1.68407 billion in tax revenue in the first half of this year, up $181.68 million or 12 per cent compared to the same period last year, it said in a press release. Issued at a meeting on the ...

Hin Pisei
https://www.phnompenhpost.com/business/govt-collects-168b-tax-revenue

Cambodia rejects UN rights claim

Cambodia’s Permanent Mission to the UN Office in Geneva on Friday hit back at David Kaye, the UN special rapporteur on the Promotion and Protection of the Right to Freedom of Opinion and Expression after he raised concerns over the repression of free speech and ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/cambodia-rejects-un-rights-claim

Government dips into its reserves

The government says that it has been withdrawing $1 billion from its savings to support spending in the fight against COVID-19 and to sustain, boost and restore the economy at a time national revenue is expected to drop from 20 percent to 30 percent, according ...

Sok Chan
https://www.khmertimeskh.com/50743333/government-dips-into-its-reserves/

Coal: A burning question

Cambodia and other Asean member states have discussed the future of the coal mining business for the power sector in the region, according to the Cambodia Ministry of Mines and Energy (MME). The Ministry said the discussion was made at the Asean Coal Business Roundtable ...

Sorn Sarath
https://www.khmertimeskh.com/50743466/coal-a-burning-question/

Widening foreign debt sources to boost economic growth

Having been criticised for its position toward China, the world’s second largest economy, from where most of its foreign debt has come for years, Cambodia is now more likely to change its foreign loan sources to boost economic growth. ...

Sorn Sarath
https://www.khmertimeskh.com/50744111/widening-foreign-debt-sources-to-boost-economic-growth/

Kingdom, US vow stronger ties

At an academic forum on Saturday to celebrate 70 years of Cambodia-US diplomatic ties, Cambodian researchers and officials expressed hope of encouraging US investments and for that country to deepen and improve its bilateral relations. ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/kingdom-us-vow-stronger-ties

Cambodia allocates $1.16 billion USD for economic, social supports during COVID-19

The Cambodian government has allocated 1.16 billion U.S. dollars to address the economic and social impacts of the COVID-19 pandemic, Economy and Finance Ministry Secretary of State Vongsey Vissoth said here on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/50743006/cambodia-allocates-1-16-billion-usd-for-economic-social-supports-during-covid-19/

New investment law to attract more investments

The New investment law is expected to make Cambodia an attractive destination for new investment and to improve the investment environment to keep the existing investments in the country. The law is currently in drafting stage and is expected to go online within this year, ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50743474/new-investment-law-to-attract-more-investments/

After FTA with China, S. Korea next in line to negotiate free trade agreement

A free trade agreement negotiation between Cambodia and the Republic of Korea has been scheduled to kick-start shortly. This was said by Pan Sorasak, Minister of Commerce when meeting Park Heung-Kyeong, Ambassador of S. Korea to Cambodia, at the ministry office. ...

Khmer Times Staff
https://www.khmertimeskh.com/50743512/after-fta-with-china-s-korea-next-in-line-to-negotiate-free-trade-agreement/

Construction of Phnom Penh’s third ring road completed 40 percent

The construction of Phnom Penh’s third ring road has been completed nearly 40 percent, according to the Ministry of Public Works and Transport (MPWT).​ The third ring road stretches from National Road 4 in Chumpu Voan village, Chaom Chau district, crossing National Road 3 and ...

Khmer Times Staff
https://www.khmertimeskh.com/50743656/construction-of-phnom-penhs-third-ring-road-completed-40-percent/

Community participation in protection of forests urged on National Arbor Day

Prime Minister Hun Sen called on all citizens to participate in protecting the forest, environment and plant more tree saplings for the benefit of future generations, as he marked National Arbor Day yesterday. ...

Pech Sotheary
https://www.khmertimeskh.com/50743342/community-participation-in-protection-of-forests-urged-on-national-arbor-day/

Kuoy cry foul over land loss

The Kuoy indigenous community in Preah Vihear are seeking Prime Minister Hun Sen’s intervention after they claimed provincial authorities moved the Chheb district land border 3km into their commune land. ...

Khmer Times Staff
https://www.khmertimeskh.com/50743340/kuoy-cry-foul-over-land-loss/

Finance sector in good shape: NBC

The National Bank of Cambodia (NBC) says the banking sector will continue to grow confidently and actively contribute to economic activity. At the same time, the banking and finance sector continues to promote financial inclusion with the number of deposit clients reaching 8.2 million accounts ...

Sok Chan
https://www.khmertimeskh.com/50742892/finance-sector-in-good-shape-nbc/

US lobby group calls for full taxes on all Cambodian rice

Cambodian rice exports to the US could face full tariffs after a lobby group called for the imposition of full tariffs on the crop. Currently, the Kingdom’s rice enjoys some tax-protection under what is known as the Generalised System of Preferences (GSP)-eligible commodities list. However, ...

Sorn Sarath
https://www.khmertimeskh.com/50743069/us-lobby-group-calls-for-full-taxes-on-all-cambodian-rice/

Aquaculture sector takes off in Cambodia

Cambodia has seen remarkable increase of aquaculture with in the last decade, according to the Minister of Agriculture, Forestry and Fisheries. Minister Veng Sakhon, shared the notice recently underlining that Cambodia’s aquafarming rose from 50,000 tonnes in 2009 to more than 300,000 tonnes in 2019. ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50743003/aquaculture-sector-takes-off-in-cambodia/

PM to oversee China FTA signing in August

Prime Minister Hun Sen will lead a delegation of high ranking officials to sign the Cambodia-China Free Trade Agreement (FTA) next month, the Ministry of Commerce said.​ This, it said, will provide Cambodia a gateway to the world’s second largest and Asia’s largest economy, heralding ...

May Kunmakara
https://www.phnompenhpost.com/business/pm-oversee-china-fta-signing-august

Sar Kheng addresses land rows in Kingdom

Deputy Prime Minister and Minister of Interior Sar Kheng has told officials to prepare a master plan for land management in the Kingdom, especially in economic centres. He expressed concern that land issues will be complicated in future, especially disputes among high-ranking officials. ...

Long Kimmarita
https://www.phnompenhpost.com/national/sar-kheng-addresses-land-rows-kingdom

Minister tells governors to speed up land allocation

Minister of Environment Say Sam Al has sent letters to 20 provincial governors telling them to provide relevant documents on land issues in natural resource protected areas. ...

Khorn Savi
https://www.phnompenhpost.com/national/minister-tells-governors-speed-land-allocation

PM orders Cabinet to designate a five-day ‘replacement holiday’

Prime Minister Hun Sen, in a recent message, said employees will be granted a five-day holiday in lieu of the postponed Khmer New Year holidays in April, although a date is yet to be determined. The decision was confirmed yesterday by a government spokesman. ...

Taing Rinith
https://www.khmertimeskh.com/50742852/pm-orders-cabinet-to-designate-a-five-day-replacement-holiday/

Teams to compile data, give titles to citizens on state land

Minister of Agriculture, Forestry and Fisheries Veng Sakhon on Monday created 18 teams to compile and compare data on forests which are occupied by citizens in 24 provinces. The group’s formation came after Prime Minister Hun Sen last week ordered ministries to accelerate the release ...

Voun Dara
https://www.phnompenhpost.com/national/teams-compile-data-give-titles-citizens-state-land

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