Economy and commerce
Cambodia boosting agricultural product exports to China
The sanitary and phytosanitary standard on potential agricultural products are being negotiated to boost more exports from Cambodia to China. ...
Khmer Times Staff
https://www.khmertimeskh.com/50934440/cambodia-boosting-agricultural-product-exports-to-china/
Foreign companies welcome planned investment law
Groups representing US and European businesses in Cambodia have welcomed the Draft Law on Investment, which was approved by the National Assembly last week. ...
Michael Firn
https://www.khmertimeskh.com/50934034/foreign-companies-welcome-planned-investment-law/
Kingdom hops on BRI digital taxation wagon
Cambodia is committed to harnessing digitalisation for better coordination in tax administration, as a jurisdiction that subscribes to China’s Belt and Road Initiative (BRI), according to a General Department of Taxation (GDT) press release issued on September 12. ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-hops-bri-digital-taxation-wagon
ASEAN slated to start talks for bloc’s 2025 e-economy accord
As ASEAN continues to grapple with Covid-19 cases and an uncertain recovery, its economic ministers have committed to conducting a study on a region-wide digital economy pact by 2023. ...
Asia News Network
https://www.phnompenhpost.com/business/asean-slated-start-talks-blocs-2025-e-economy-accord
Cambodia takes 18 businesses to display wares at China-ASEAN fair
Cambodia has organised for 18 companies to take part in the 18th China-ASEAN Expo, held in Nanning city of China’s Guangxi Zhuang Autonomous Region, according to the Ministry of Commerce. ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-takes-18-businesses-display-wares-china-asean-fair
Kingdom-EAEU team to push for FTA
Cambodia is reportedly keen to set up a new joint team with the Eurasian Economic Union (EAEU) to conduct a more detailed examination of the possibility of formally launching free trade agreement (FTA) talks with the bloc soon, and add impetus to underwhelming bilateral trade ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdom-eaeu-team-push-fta
Eight month exports valued at 11.08 bn
Cambodia’s exports in the first eight months this year saw a decrease, official figures showed. Its exports were worth $11.086 billion, inching down 5.3 percent compared with the same period last year, according to a study by the Ministry of Commerce. ...
Chea Vanyuth
https://www.khmertimeskh.com/50934036/eight-month-exports-valued-at-11-08-bn/
Vietnam becomes leading market of Cambodia’s cashew nuts
Vietnam was the largest market of Cambodia’s cashew nuts in the first eight months of 2021. ...
Khmer Times Staff
https://www.khmertimeskh.com/50933602/vietnam-becomes-leading-market-of-cambodias-cashew-nuts/
Cambodia to resume full socio-economic soon
The Minister of Economy and Finance, Mr. Aun Pornmoniroth, said that based on the continuous decline in the incidence of serious illness and deaths due to Covid-19, Cambodia will resume a full socio-economic recovery soon as the vaccination campaign is in full swing. ...
May Kunmakara
https://www.postkhmer.com/business/2021-09-10-1108-223387.html
National Assembly approves draft law on amendments to articles of labor law to promote labor rights
The National Assembly of Cambodia approved the draft law on the amendment of some articles of the Labor Law during the 6th session of the 6th National Assembly on September 9 to promote labor rights and harmony in professional relations. ...
Nov Sivutha
https://www.postkhmer.com/national/2021-09-10-0903-223358.html
Cambodian parliament ratifies RCEP, world's biggest free trade pact
The National Assembly of Cambodia on Thursday ratified the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free trade agreement (FTA), which comprises 15 Asia-Pacific countries. ...
Xinhua
http://www.china.org.cn/business/2021-09/10/content_77744958.htm
National Digital Economic and Social Council established
The Royal Government of Cambodia has formed the National Digital Economic and Social Council with an aim to build a digital economic foundation in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/50932633/national-digital-economic-and-social-council-established/
Cambodia stresses the need to deepen solidarity for robust socioeconomic recovery
Hun Sen, Prime Minister of the Kingdom of Cambodia and Chair of the 7th Greater Mekong Subregion (GMS) Summit urged for the deepening of solidarity so as to ensure robust socioeconomic recovery after the COVID-19 crisis. ...
Khmer Times Staff
https://www.khmertimeskh.com/50932665/cambodia-stresses-the-need-to-deepen-solidarity-for-robust-socioeconomic-recovery/
South Korea to give $3M for Mondulkiri crop project
The South Korean government has vowed to provide a $3.3 million grant to the Ministry of Agriculture, Forestry and Fisheries to implement a project to boost production of high-value vegetable crops and improve farmers’ livelihoods in the northeastern province of Mondulkiri, according to a senior ...
Thou Vireak
https://www.phnompenhpost.com/business/south-korea-give-3m-mondulkiri-crop-project
Investment law sails through National Assembly, heading towards Senate
The National Assembly (NA) approved the draft Law on Investment at a plenary session on September 9, which will undeniably play a vital role in attracting local and international investors to the domestic market. ...
Thou Vireak
https://www.phnompenhpost.com/business/investment-law-sails-through-national-assembly-heading-towards-senate
Prime Minister Hun Sen pushes GMS to invest in digital base
Prime Minister Hun Sen urged all countries in the Greater Mekong Subregion (GMS) to push for the development of digital infrastructure in order to make the economies of the region more competitive globally. ...
Ry Sochan
https://www.phnompenhpost.com/national/hun-sen-pushes-gms-invest-digital-base
The commerce minister reaffirms trade cooperation with Singapore
Cambodia and Singapore have reaffirmed their commitment to continue strengthening cooperation on trade and investment. Commerce Minister Pan Sorasak held a videoconference with Singapore’s Trade and Industry Minister Gan Kim Yong on Tuesday. ...
Michael Firn
https://www.khmertimeskh.com/50931917/the-commerce-minister-reaffirms-trade-cooperation-with-singapore/
Council set to advance digital socio-economic development
The government has established the National Economic and Digital Society Council (NEDSC) to build a foundation of a digital society to drive new economic growth, according to a royal decree on the council’s organisation and functioning released on September 8. ...
Thou Vireak
https://www.phnompenhpost.com/business/council-set-advance-digital-socio-economic-development
Migrant Workers in Thailand Returning to Jobs as Outbreak Eases
Some Cambodian workers in Thailand say they have been able to resume work after a series of tough months amid a surge of Covid-19, though challenges remain even as the outbreak is subsiding. ...
Tran Techseng
https://vodenglish.news/migrant-workers-in-thailand-returning-to-jobs-as-outbreak-eases/
Angkor Landmark breaks ground by end-2021: CEO
Phase I of the Angkor Landmark development project about 15km northeast of Siem Reap town is scheduled to officially break ground at end-2021, according to the developer’s CEO Tous Saphoeun. ...
Hin Pisei
https://www.phnompenhpost.com/post-property/angkor-landmark-breaks-ground-end-2021-ceo
IT firm emerges as Single Portal Phase II’s first entry
Sabay Osja Co Ltd became the first company to apply for a licence via the government’s online business registration platform, also known as the “Single Portal”, in its second phase, according to the Ministry of Economy and finance. ...
Thou Vireak
https://www.phnompenhpost.com/business/it-firm-emerges-single-portal-phase-iis-first-entry
Fresh mango exports up 251 percent in first eight months
The export of Cambodian fresh mangoes to international markets saw a remarkable increase of 251 percent to 163,828 tonnes during the first eight months of this year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50931274/fresh-mango-exports-up-251-percent-in-first-eight-months/
Export of Cambodian longans to China imminent
Cambodian Minister of Agriculture, Forestry and Fisheries, Veng Sakhon, has said that China’s General Administration of Customs had recently released its list of quarantine pests in regard to the export of Cambodian longans to China. ...
Khmer Times Staff
https://www.khmertimeskh.com/50931204/export-of-cambodian-longans-to-china-imminent/
Bicycle exports jump nearly 25% so far this year
Cambodian bicycle manufacturers earned more than $400 million from exports in the year to Aug 31, according to the Commerce Ministry. Shipments were 24.5 percent higher than the first eight months of 2020. If overseas demand remains strong, 12-month exports are likely to exceed last ...
Michael Firn
https://www.khmertimeskh.com/50931087/bicycle-exports-jump-nearly-25-so-far-this-year/