Ministries and other national bodies

Singapore-based oil and gas firm KrisEnergy Ltd began extracting crude oil from four additional wells late last month, according to Cheap Sour, a senior official at the Ministry of Mines and Energy. ...

Trade between the Kingdom and Vietnam was worth $3.020 billion in 2020, inching down 1.1 per cent from $3.054 the previous year, according to Ministry of Commerce statistics. ...

A senior official at the State Secretariat of Civil Aviation (SSCA) said the construction of Dara Sakor International Airport in Koh Kong province is on schedule and plans are for flight operations to begin in mid-2021. ...

The Ministry of Information is preparing to publish 5,000 copies of Cambodia 2021 ahead of the 13th Asia-Europe Meeting (ASEM), which Cambodia is hosting in the middle of this year, for distribution to delegates and participants. ...

Sihannouk International Airport’s operator is eyeing potential new direct, long-haul routes to Europe and the Middle East to bring a new wave of overseas visitors and increase aviation’s contribution to coastal Preah Sihanouk province’s economy. ...

The National Bank of Cambodia (NBC) and the International Finance Corporation (IFC) will join forces on the “Cambodia Supply Chain Finance Market Development” project and expand financial access for the Kingdom’s small and medium-sized enterprises (SME). ...

Minister of Posts and Telecommunications Chea Vandeth on February 24 encouraged budding digital entrepreneurs to register for licenses and receive technical support, training and “encouragement” from the ministry. ...

The Ministry of Agriculture, Forestry and Fisheries has urged farmers to register their mango farms for certification to exports. This was reminded in the ministry’s press release issued recently, adding that the registration of mango farms is also intended to stabilise the price of the ...

All taxpayers in the self-assessment tax bracket have been instructed to submit their annual income tax via electronic filing (ToI E-Filing) from next month on, according to an announcement by the General Department of Taxation (GDT). ...

Cambodia is undergoing property tax reform but says it is administrative with a focus on improving the registration and valuation of properties while strengthening enforcement and compliance. ...

The Ministry of Agriculture, Forestry and Fisheries (MAFF) has once again called on mango growers and farmers to register their mango cultivation with the General Directorate of Agriculture. ...

A General Department of Taxation (GDT) official on February 22 listed some of the assets that would be exempt from capital gains tax once it comes into force in January 1, 2022 and shed light on some of the finer subtleties of the tax. ...

Two ministries on February 22 ordered factory owners and directors in the textile, garment, bag and travel-goods export sectors to register with Better Factories Cambodia (BFC) and obtain certification on working conditions. ...

The planting of pepper is expected to increase this year thanks to growing demand for the condiment on the international market, particularly from China. ...

Cambodia has approved the establishment of a “national internet gateway” (NIG) through which all of the Kingdom’s online traffic will be routed. ...

Cambodia exported 203,485 tonnes of seven major cash crops last month, according to a report by the Ministry of Agriculture, Forestry and Fisheries. The ministry lists these as milled rice, natural rubber, corn, cashew nuts, peppercorn, as well as fresh bananas, chillies and mangoes. ...

Sixteen contracts and two Memorandums of Understanding (MoU) have been signed to boost Cambodia’s safe agricultural products such as vegetables, cassava, yellow watermelon, mango, and chicken. ...

The Ministry of Agriculture is updating the national rice map to boost the Kingdom’s quality and quantity of rice production by providing detailed data about geographic areas. ...

US-listed international mixed-carrier FedEx Corp plans to launch air freight services to Cambodia by mid-2021, according to State Secretariat of Civil Aviation (SSCA) spokesman Sin Chansereyvutha. ...

The Ministry of Agriculture, Forestry and Fisheries (MAFF) and the Food and Agriculture Organization of the United Nations (FAO) will sign a project agreement today to directly support 10,000 of the most vulnerable people affected by the COVID-19 pandemic in Siem Reap and Banteay Meanchey ...

Early harvest season prices for cashew nuts appear to be promising but farmers in some provinces are facing a possible delay in the start of the harvest because of unfavorable weather conditions. The harvest season of the cashew nut generally begins in February and continues ...

The Ministry of Labour and Vocational Training has announced cooperation with three companies to provide nearly 400 job opportunities for the country’s youth, organised into a monthly job interview programme set to begin on February 17. ...

The Ministry of Agriculture, Forestry and Fisheries and the UN Food and Agriculture Organisation (FAO) on February 16 signed an agreement to begin a project that will directly support 10,000 of the most vulnerable people affected by the economic fall-out from Covid-19 in Siem Reap ...

The General Department of Taxation (GDT) of Ministry of Economy and Finance earned 879 billion riels (approximately $217 million) from tax income in January this year. ...