Government

Tax cuts and exemptions extended

Tax cuts and exemptions will be extended to help companies and unemployed workers better weather the ongoing effects of the COVID-19 pandemic, according a statement issued last week by the government. ...

Jason Boken
https://www.khmertimeskh.com/50797743/tax-cuts-and-exemptions-extended-2/

Digital services tax levy under study

The Ministry of Economy and Finance, Ministry of Commerce and Ministry of Post and Telecommunications held a joint meeting last week to discuss the potential collection of a digital services tax. ...

Jason Boken
https://www.khmertimeskh.com/50797802/digital-services-tax-levy-under-study-2/

Five officials under fire for land grabs

A judge, a deputy prosecutor, two high-ranking-military officials and a district land management official have had a complaint filed against them for alleged corruption, abuse of power and grabbing six hectares of land in Oddar Meanchey province in 2016. ...

Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50797742/five-officials-under-fire-for-land-grabs/

A floating community in Siem Reap adopting plastic free approach to combat pollution

A floating community in Tonle Sap Lake in Keo Por commune, Puok district of Siem Reap province is aware of environmental impact caused by plastic wastes – thanks to their participation in a campaign to clear the lake from plastic. ...

Lim Nary/AKP
https://www.khmertimeskh.com/50797225/a-floating-community-in-siem-reap-adopting-plastic-free-approach-to-combat-pollution/

Sar Kheng urged to look into NSSF graft claims

Around 200 people, including medical staff, officials and locals from Prey Veng province’s Preah Sdech district, have submitted their petition to Minister of Interior Sar Kheng requesting legal action against Operational Health District of Preah Sdach director You Sy Le for allegedly embezzling National Social ...

Long Kimmarita
https://www.phnompenhpost.com/national/sar-kheng-urged-look-nssf-graft-claims

Sino-Cambodian ties deeper-rooted after joint COVID-19 fight, bilateral FTA signing

China-Cambodia ties have been deeper-rooted in 2020 after the two countries have worked together closely to combat the COVID-19 pandemic and have signed the bilateral free trade agreement, say Cambodian officials and academics. ...

Mao Pengfei, Nguon Sovan/Xinhua
https://www.khmertimeskh.com/50797241/sino-cambodian-ties-deeper-rooted-after-joint-covid-19-fight-bilateral-fta-signing/

Top six agro-industrial crops net Kingdom $2.32B in 2020

Cambodia exported 8.55 million tonnes of its six most profitable agro-industrial crops, through formal and informal channels, worth more than $2.32 billion this year as of December 15, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon. ...

Thou Vireak
https://www.phnompenhpost.com/business/top-six-agro-industrial-crops-net-kingdom-232b-2020

Two firms get priority rights to mines

The Ministry of Mines and Energy has given the nod to two companies to continue their exploration licence approval processes for some 207sq km of gold-polymetallic mining areas in Tbong Khmum and Ratanakkiri provinces. The areas are 107.10sq km in the Memot area in Tbong ...

Hin Pisei
https://www.phnompenhpost.com/business/two-firms-get-priority-rights-mines

Cambodia Australia consumer care plan

The Cambodia-Australia Consumer Protection Partnership will launch in 2021 with Australia having agreed to station a consumer protection technical official in the Kingdom following a request by the Ministry of Commerce. This will allow the sharing of expertise and experience towards the enhancement of work ...

Harrison White
https://www.khmertimeskh.com/50797232/cambodia-australia-consumer-care-plan/

Stamp duty tax exemption extended for another year

The government has decided to extend the stamp duty tax exemption deadline for property worth less than $70,000 from January to December 2021. The official announcement, released this week, is intended to boost the economy by encouraging more property transactions.  In its announcement, the government ...

Jason Boken
https://www.khmertimeskh.com/50797156/stamp-duty-tax-exemption-extended-for-another-year/

PM orders authorities to execute well the fourth round of cash relief programme

Hun Sen, Prime Minister of the Kingdom of Cambodia, once again ordered local authorities and all stakeholders to carry out the fourth round of cash relief programme in a proper, precise, transparent, accountable and fair manner. ...

Phen Rattanak/AKP
https://www.khmertimeskh.com/50796833/pm-orders-authorities-to-execute-well-the-fourth-round-of-cash-relief-programme/

NEC’s voter list decision upheld

The Constitutional Council of Cambodia (CCC) has upheld the decision by the National Election Committee (NEC) in relation to complaints about names deleted from the voter registration list, filed by the League for Democracy Party (LDP). ...

Nov Sivutha
https://www.phnompenhpost.com/national-politics/necs-voter-list-decision-upheld

Fisheries output near 1M tonnes

Fisheries production in Cambodia this year is expected to clock in at 936,300 tonnes, up 3.06 per cent from the 908,508 tonnes logged in for the entire year 2019, according to the Ministry of Agriculture, Forestry and Fishery’s Fisheries Administration. ...

Hin Pisei
https://www.phnompenhpost.com/business/fisheries-output-near-1m-tonnes

Ministry explains new UK Covid-19 strain

Ministry of Health spokeswoman Or Vandine addressed the new mutation of the Covid-19 virus that was found in England, saying that research was underway in multiple countries. ...

Mom Kunthear
https://www.phnompenhpost.com/national/ministry-explains-new-uk-covid-19-strain

Gov’t predicts per capita GDP will reach $1,771 next year

The Cambodian government has projected the country’s per capita gross domestic product (GDP) will reach $1,771 by the end of 2021, up from $1,600 this year, an anticipated increase of 10.6 percent. ...

Harrison White
https://www.khmertimeskh.com/50796692/govt-predicts-per-capita-gdp-will-reach-1771-next-year/

Mondulkiri’s potato production is struck by seed shortage

The ministry of agriculture, forestry, and fisheries’ potato production in Mondulkiri, a northeastern province of Cambodia, has been hampered by a lack of seed, a provincial senior official revealed. ...

Sar Socheath
https://www.khmertimeskh.com/50796917/mondulkiris-potato-production-is-struck-by-seed-shortage/

Ministry moves to pen accord to develop major logistics hub

The Ministry of Public Works and Transport plans to finalise a draft on “Framework Agreement” for the Phnom Penh Logistics Centre (PPLC) development project soon, leading to a signing with the developer, according to minister Sun Chanthol. ...

Thou Vireak
https://www.phnompenhpost.com/business/ministry-moves-pen-accord-develop-major-logistics-hub

Cambodia-Lao Central Banks committed to strengthening financial and economic cooperation

The Central Banks of Cambodia and  Laos have vowed to strengthen bilateral cooperation and relation on the development of the financial and economic sectors and to build friendship and cooperation between the two nations. ...

Sok Chan
https://www.khmertimeskh.com/50796510/cambodia-lao-central-banks-committed-to-strengthening-financial-and-economic-cooperation/

Recovered Covid patients ‘may relapse’

The Ministry of Health has claimed that as many as 10 to 15 per cent of recovered Covid-19 patients could potentially suffer a spontaneous relapse which would again render the virus communicable. ...

Mom Kunthear
https://www.phnompenhpost.com/national/recovered-covid-patients-may-relapse

$3M in green-friendly equipment provided to environment ministry

The Chinese Ministry of Ecology and Environment, through Shenzhen Spark Co Ltd, provided equipment for reducing carbon dioxide emissions with a total value of $3 million to the Ministry of Environment. ...

Mom Kunthear
https://www.phnompenhpost.com/national/3m-green-friendly-equipment-provided-environment-ministry

France gives $91 million for agriculture, climate fight

The French government, through the French Development Agency (AFD), has provided two credit agreements worth €75 million ($91 million) to Cambodia to support sustainable agricultural and rural development, as well as climate change fight in Cambodia. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/france-gives-91-million-agriculture-climate-fight

Endangered status mulled for Kesor Kol

The Ministry of Environment is planning to declare wild Kesor Kol plants – a type of orchid – an endangered species with increased protections, according to the ministry’s secretary of state Neth Pheaktra. Pheaktra also warned of legal action against those who collect or sell wild Kesor ...

Long Kimmarita
https://www.phnompenhpost.com/national/endangered-status-mulled-kesor-kol

Senate passes draft law on Gov’t Securities

The Senate on December 21 approved on the Draft Law on Government Securities which allows the government to prepare bonds to issue in the capital market to collect funds from the public for the country’s development. ...

May Kunmakara
https://www.phnompenhpost.com/business/senate-passes-draft-law-govt-securities

Banteay Meanchey trade fair postponed

The Ministry of Commerce on December 18 said it will indefinitely postpone another trade fair under the umbrella of the fifth season of its “Buy Cambodian Campaign” as a measure to prevent the spread of the Covid-19 disease. ...

Thou Vireak
https://www.phnompenhpost.com/business/banteay-meanchey-trade-fair-postponed

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