Government
Retail, luxury sectors set for lift from Cambodia-Korea JV
The local WorldBridge Group of Companies and South Korean-owned Luxury Business Group (LBG) entered into a joint venture (JV) to develop professional training in the Cambodian retail industry, with a focus on the luxury segment. ...
May Kunmakara
https://www.phnompenhpost.com/business/retail-luxury-sectors-set-lift-cambodia-korea-jv
South Korean agency pushes investment in auto-parts, tech
At a recent meeting in Seoul with a Cambodian delegation led by Minister of Commerce Pan Sorasak, Yu expressed his firm belief that the Cambodia-Korea Free Trade Agreement (CKFTA) will boost trade between the two countries. ...
Van Socheata
https://www.phnompenhpost.com/business/south-korean-agency-pushes-investment-auto-parts-tech
Increased breastfeeding could save 2,000 lives per year: health ministry
Cambodia loses an estimated $137.7 million annually due to non-complete breastfeeding. The figure includes additional costs to the health system, increased mortality rates and damage to public health, according to a joint press release from the Ministry of Health, Helen Keller and other relevant organisations. ...
Neang Sokunthea
https://www.phnompenhpost.com/national/increased-breastfeeding-could-save-2000-lives-year-health-ministry
State revenues from gold production top $15M
Cambodia has netted more than $15 million from gold production as of end-December, which has yielded over 5.3 tonnes of dore bars – a semi-finished product that is smelted at a mine, usually at about 90 per cent purity – since the first commercial gold ...
May Kunmakara
https://www.phnompenhpost.com/business/state-revenues-gold-production-top-15m
Pandemic control shift seen as economic boon for Cambodia and world
The easing of COVID-19 restrictions in China will contribute to the restoration of global supply chains, a Ghanaian expert says. ...
Khmer Times Staff
https://www.khmertimeskh.com/501229936/pandemic-control-shift-seen-as-economic-boon-for-cambodia-and-world/
GDT changes VAT rules for e-commerce transactions for taxable persons who are non-resident taxpayers
The General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) has changed its instruction on implementing the value-added tax (VAT) on e-commerce transactions ...
Kang Sothear
https://www.khmertimeskh.com/501229020/gdt-changes-vat-rules-for-e-commerce-transactions/
More than 10,700 new business establishments set up in Cambodia in 2022, an increase of 39 percent
Cambodia issued operating licenses to 10,701 new companies in 2022, up 39 percent from 7,677 firms in 2021, said a Ministry of Commerce’s report released on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501229929/more-than-10700-new-business-establishments-set-up-in-cambodia-in-2022-an-increase-of-39-percent/
Healthcare facilities late pay complaints due to late data entry
The National Social Security Fund (NSSF) instructed all partnered health facilities to fulfil their obligations by entering all members’ medical and healthcare data into the payment system in a timely manner as there are nearly 2,000 health facilities that signed the agreement with the NSSF, ...
Long Kimmarita
https://www.phnompenhpost.com/national/healthcare-facilities-late-pay-complaints-due-late-data-entry
South Korea investment sought as five MoUs signed
Two high-ranking Cambodian officials have issued fresh rallying calls for South Korean entities to invest in the Kingdom and take advantage of its bilateral and multilateral trade pacts, especially the Cambodia-Korea Free Trade Agreement (CKFTA) that took effect on December 1. ...
May Kunmakara and Van Socheata
https://www.phnompenhpost.com/business/south-korea-investment-sought-five-mous-signed
Justice ministry inks MoU with US digital library
On behalf of Minister of Justice Koeut Rith, justice ministry secretary of state Chin Malin signed a memorandum of understanding (MoU) with the Building Bridges USA (BBUSA) Law Office on “Enriching legal knowledge and the use of an electronic law library”, in a ceremony held ...
Post Staff
https://www.phnompenhpost.com/national/justice-ministry-inks-mou-us-digital-library
Environment ministry kicks off agroforestry project in Pursat
The Ministry of Environment announced the launch of a two-year project to stimulate local economies through the implementation of agroforestry and environmental agronomy in Kravanh district, Pursat province. ...
Ry Sochan
https://www.phnompenhpost.com/national/environment-ministry-kicks-agroforestry-project-pursat
CPP sets out five primary strategic goals for 2023-28
The Cambodian People’s Party (CPP) on January 29 concluded its two-day extraordinary congress, setting the party’s priority goals for 2023-2028. ...
Ry Sochan
https://www.phnompenhpost.com/national/cpp-sets-out-five-primary-strategic-goals-2023-28
Call for UK to invest in Cambodia’s agriculture sector
Cambodia has called on the UK to consider investing in the processing of agricultural products after noting it is an important market for Cambodia’s agricultural products and manufacturing. ...
Chhorn Raksmey
https://kiripost.com/stories/call-for-uk-to-invest-in-cambodias-agriculture-sector
Culture minister calls to protect artifacts and heritage buildings
Minister of Culture and Fine arts Phoeurng Sackona called on authorities from three key ministries to join forces to help protect antiquities and heritage buildings from vandalism and demolition. ...
Hang Punreay
https://www.khmertimeskh.com/501229148/culture-minister-calls-to-protect-artifacts-and-heritage-buildings/
Zero-snaring campaign Phase II underway from March
The second phase of the Ministry of Environment’s zero-snaring campaign will begin in March. The campaign encourages businesses and the public to work together to protect the Kingdom’s remaining wildlife. ...
Chea Sokny
https://www.phnompenhpost.com/national/zero-snaring-campaign-phase-ii-underway-march
Chanthol, UK envoy discuss infrastructure projects
UK ambassador to Cambodia Dominic Williams invited the leadership of the Ministry of Public Works and Transport to participate in a January 26 consultation of several developmental projects, including a Mass Rapid Transit (MRT) project for Phnom Penh. ...
Post Staff
https://www.phnompenhpost.com/national/chanthol-uk-envoy-discuss-infrastructure-projects
Cambodia firmly rejects inclusion on list of Ukraine military backers
The Ministry of Foreign Affairs and International Cooperation on January 24 “categorically dismissed” the classification of Cambodia under the category of “military supporter of Ukraine” as published in an infographic originating from the Telegram channel “Demografiya Upala”. ...
Samban Chandara
https://www.phnompenhpost.com/national-politics/cambodia-firmly-rejects-inclusion-list-ukraine-military-backers
NSSF paid out $5M to working mothers
According to a January 25 report by the Department of Social Security under the National Social Security Fund (NSSF), allowances were paid to a total of 55,770 women, who had a total of 56,173 children. Among them, 393 gave birth to twins and five to ...
Neang Sokunthea
https://www.phnompenhpost.com/national/nssf-paid-out-5m-working-mothers
Quality yet to match digital news quantity, claims ministry
Several government institutions are working together to improve the effectiveness of the media, as they understand that access to information is vital to the well-being of the population. ...
Sem Pisey
https://www.phnompenhpost.com/national/quality-yet-match-digital-news-quantity-claims-ministry
Joint project on agri-tech launches in Mondulkiri
The Centre for Excellence on Sustainable Agricultural Intensification and Nutrition (CE SAIN) – a joint development effort by the Ministry of Agriculture, Forestry and Fisheries, the Royal University of Agriculture, Kansas State University in the US and the US government’s USAID development agency – inaugurated ...
Yuth Vireak
https://www.phnompenhpost.com/national/joint-project-agri-tech-launches-mondulkiri
Cambodia passes UNCTAD chairmanship to India
Cambodia has passed the rotating role as chair of the United Nations Conference on Trade and Development (UNCTAD) to India to lead the body’s 85th working group meeting. ...
Khmer Times Staff
https://www.khmertimeskh.com/501227967/cambodia-passes-unctad-chairmanship-to-india/
Cash aid for poor, vulnerable households enters 12th round
As of January 24, the government has spent more than $930 million in cash support for poor and vulnerable households affected by Covid-19, with nearly 2.8 million people receiving payments. ...
Lay Samean
https://www.phnompenhpost.com/national/cash-aid-poor-vulnerable-households-enters-12th-round
Gov’t lowers 2023 growth forecast from 6.6% to 5.6%
The government has revised down its 2023 growth forecast for the Cambodian economy to 5.6 per cent versus the 6.6 per cent it put forth in October, citing uncertainty about global economic growth tied to the Ukraine conflict, climate change and the Covid-19 crisis. ...
Hin Pisei
https://www.phnompenhpost.com/national/govt-lowers-2023-growth-forecast-66-56
Cambodia’s public debt almost touched $10 billion last year
Cambodia’s total public debt stock is expected to increase approximately 1.42 percent to reach $9.97 billion by the end of 2022 compared to over $7 billion five years ago, while the national budget law allowed the government to borrow about $1.26 billion or $1.7 billion ...
Kang Sothear
https://www.khmertimeskh.com/501226200/cambodias-public-debt-almost-touched-10-billion-last-year/