Government
National government
Cambodia chalks up five oil wells
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. ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-chalks-five-oil-wells
Trade deficit with VN shrinks 6%
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. ...
May Kunmakara
https://www.phnompenhpost.com/business/trade-deficit-vn-shrinks-6
Dara Sakor International Airport ‘to open mid-2021’
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. ...
Sok Chan
https://www.khmertimeskh.com/50820010/dara-sakor-international-airport-to-open-mid-2021/
Ministry set to publish book ahead of 13th ASEM summit
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. ...
Voun Dara
https://www.phnompenhpost.com/national/ministry-set-publish-book-ahead-13th-asem-summit
Airport eyes adding long-haul flights
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. ...
Thou Vireak
https://www.phnompenhpost.com/business/airport-eyes-adding-long-haul-flights
NBC, IFC to boost SME financial access
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). ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-ifc-boost-sme-financial-access
Digital businesses urged to register at telecoms ministry
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. ...
Thou Vireak
https://www.phnompenhpost.com/business/digital-businesses-urged-register-telecoms-ministry
Ministry urges for registration of mango farms for exports
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 ...
Lim Nary/AKP
https://www.khmertimeskh.com/50818315/ministry-urges-for-registration-of-mango-farms-for-exports/
Use of tax e-filing system mandated from March onwards
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). ...
Sok Chan
https://www.khmertimeskh.com/50817426/use-of-tax-e-filing-system-mandated-from-march-onwards/
App for property tax on the way but no increases, says government
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. ...
Mango farmers asked to register to boost standards
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. ...
Sok Chan
https://www.khmertimeskh.com/50817427/mango-farmers-asked-to-register-to-boost-standards/
Tax official defogs capital gains
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. ...
Thou Vireak
https://www.phnompenhpost.com/business/tax-official-defogs-capital-gains
Ministries: Join BFC or lose export privileges
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. ...
Thou Vireak
https://www.phnompenhpost.com/business/ministries-join-bfc-or-lose-export-privileges
Pepper plantation expected to increase this year
The planting of pepper is expected to increase this year thanks to growing demand for the condiment on the international market, particularly from China. ...
Chea Vanyuth
https://www.khmertimeskh.com/50816983/pepper-plantation-expected-to-increase-this-year/
National Internet Gateway gets PM stamp of approval
Cambodia has approved the establishment of a “national internet gateway” (NIG) through which all of the Kingdom’s online traffic will be routed. ...
May Kunmakara
https://www.phnompenhpost.com/business/national-internet-gateway-gets-pm-stamp-approval
Cash-crop exports 200K tonnes in January
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. ...
Thou Vireak
https://www.phnompenhpost.com/business/cash-crop-exports-200k-tonnes-january
Ministry, private firms cooperate to boost Cambodia’s safe agricultural products
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. ...
Lim Nary /AKP
https://www.khmertimeskh.com/50815361/ministry-private-firms-cooperate-to-boost-cambodias-safe-agricultural-products/
Agricultural rice map updated to boost production
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. ...
Sar Socheath
https://www.khmertimeskh.com/50814769/agricultural-rice-map-updated-to-boost-production/
FedEx set for mid-2021 debut in Kingdom
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. ...
Thou Vireak
https://www.phnompenhpost.com/business/fedex-set-mid-2021-debut-kingdom
Project aims to aid 10,000 of the most vulnerable hit by virus
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 ...
Sok Chan
https://www.khmertimeskh.com/50814531/project-aims-to-aid-10000-of-the-most-vulnerable-hit-by-virus/
Cashew prices promising in early harvest but poor weather hits yield
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 ...
Youth job programme has nearly 400 openings
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. ...
Long Kimmarita
https://www.phnompenhpost.com/national/youth-job-programme-has-nearly-400-openings
Livelihood recovery project to help 10,000
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 ...
Mom Kunthear
https://www.phnompenhpost.com/national/livelihood-recovery-project-help-10000
$217 million collected through tax in January: PM
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. ...
Chea Vanyuth
https://www.khmertimeskh.com/50814324/217-million-collected-through-tax-in-january-pm/