News

PM Hun Sen asks JCA to encourage more Japanese investors to Cambodia

Cambodian Prime Minister Hun Sen has asked the Japan-Cambodia Association (JCA) to help encourage more Japanese investors to invest in Cambodia and boost the export of Cambodian products to Japan. ...

Khmer Times Staff
https://www.khmertimeskh.com/501280383/pm-hun-sen-asks-jca-to-encourage-more-japanese-investors-to-cambodia/

GDT collects $1.34 billion in Q1 amid challenges

The General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) has collected more than $1.34 billion of tax revenue  in the first three months of 2023, an increase of 6.39 percent compared to the same period of the previous year, while ...

Kang Sothear
https://www.khmertimeskh.com/501280694/gdt-collects-1-34-billion-in-q1-amid-challenges/

MEF, ABA Bank partner to develop digital economy and fintech

The Ministry of Economy and Finance (MEF) and Canada-headquartered ABA Bank signed a Memorandum of Understanding (MoU) today to collaborate within the framework of digital economy and financial technology development in Cambodia. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-mef-aba-bank-partner-to-develop-digital-economy-and-fintech

Cambodia, UAE conclude comprehensive economic partnership agreement

The UAE and the Kingdom of Cambodia have finalised the terms of a comprehensive economic partnership agreement (CEPA), paving the way for a new era of trade and investment cooperation between the two nations. ...

Khmer Times Staff
https://www.khmertimeskh.com/501280969/cambodia-uae-conclude-comprehensive-economic-partnership-agreement/

Cambodia’s first YIGF will empower digital champs

The Kingdom will host its inaugural Cambodia Youth Internet Governance Forum to bridge the technology divide among the younger generation as part of its continued digitalization drive. ...

Marissa Carruthers
https://kiripost.com/stories/cambodias-first-yigf-will-empower-digital-champs

SSCA eyes 300 weekly China flights

Cambodia and China appear to be pressing ahead with plans to raise the number of direct commercial flights between them to at least 300 per week, which private sector operators envisage will underpin strong growth in tourist flows from the Asian economic powerhouse. ...

May Kunmakara
https://www.phnompenhpost.com/business/ssca-eyes-300-weekly-china-flights

Opposition party members beaten and slashed in multiple assaults, NGO reports

A Candlelight Party youth organizer in Phnom Penh was buying a coffee on April 6 when two men in black sped towards him on a motorbike and pulled out a metal baton, striking him on the shoulder. ...

Phon Sotthyroth and Eung Sea
https://cambojanews.com/opposition-party-members-beaten-and-slashed-in-multiple-assaults-ngo-reports/

Third dolphin calf born in four months spotted in Stung Treng

The Fisheries Administration and World Wildlife Fund Cambodia (WWF) recorded a third dolphin calf born in the four months from January to April, with the conservation NGO saying that this year’s number of dolphin deaths has dropped by 50 per cent. ...

Chea Sokny
https://www.phnompenhpost.com/national/third-dolphin-calf-born-four-months-spotted-stung-treng

Nearly 1K tuk-tuk drivers register for NSSF pilot

The National Social Security Fund (NSSF) has received nearly 1,000 registrations from self-employed tuk-tuk drivers under a pilot project. Officials have called on more drivers to come forward and register. ...

Post Staff
https://www.phnompenhpost.com/national/nearly-1k-tuk-tuk-drivers-register-nssf-pilot

Cash payment to poor programme extended

The Ministry of Social Affairs, Veterans and Youth Rehabilitation has begun its 13th round of cash assistance payments to more than 700,000 impoverished households. ...

Post Staff
https://www.phnompenhpost.com/national/cash-payment-poor-programme-extended

PM awards tax reliefs for all educational establishments

In a significant move to boost the education sector in the country, the Royal Government of Cambodia has decided to extend the tax reliefs enjoyed by higher educational institutions till now to all educational establishments from January 2024 for five years until the end of ...

Manoj Mathew
https://www.khmertimeskh.com/501280100/pm-awards-tax-reliefs-for-all-educational-establishments/

Gov’t to bear cost of elections, says NEC

The National Election Committee has not received financial assistance from any countries or European Union to conduct the upcoming National Election in July. ...

Hang Punreay
https://www.khmertimeskh.com/501280101/govt-to-bear-cost-of-elections-says-nec/

S’ville residents to pay for wastewater treatment services

With two Israeli-standard wastewater treatment plants operational and a third under construction, the Preah Sihanouk authorities are planning to charge residents a wastewater treatment fee. ...

Torn Vibol
https://www.khmertimeskh.com/501279970/sville-residents-to-pay-for-wastewater-treatment-services/

ADB urges green investment ramp up

Although a multitude of risks grey Cambodia’s outlook this year, gross domestic product (GDP) growth is forecast a tad higher at 5.5 percent from an estimated 5.2 percent in 2022, according to the Asian Development Bank (ADB) earlier this month. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-adb-urges-green-investment-ramp-up

Debt ratio below most ASEAN states: IMF

Cambodia’s general government gross debt (GGGD) is projected to reach 37.5 per cent of GDP (gross domestic product) in 2023 – up from 36.5 per cent in 2022 – which, although marking the highest rate since 42.7 per cent in 2004, is lower than that ...

May Kunmakara
https://www.phnompenhpost.com/business/debt-ratio-below-most-asean-states-imf

ADB offers Covid recovery package

Cambodia could potentially benefit from a $20.5 billion financial package for the Asia-Pacific committed by the Asian Development Bank (ADB), and use the funds to support its post-Covid-19 economic recovery, as extreme weather events compounded by a worsening regional food crisis and the still-ongoing Ukraine ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-offers-covid-recovery-package

Measures needed to cope with future tourism influx

Mekong countries, including Cambodia, are not equipped for a major surge in international tourists as they struggle to recover from pandemic-fuelled job losses, a lack of skilled workers, and meet the rising demands of visitors, a regional tourism leader has warned. ...

Marissa Carruthers
https://kiripost.com/stories/cambodia-measures-needed-to-cope-with-future-tourism-influx

S Treng seeks investors for cashew development

In future, Stung Treng province will attract investment in large factories and manufacturing enterprises that will process agricultural raw materials into value-added processed products, particularly cashew nuts, which have been recognised for their commercial potential, officials said. ...

Post Staff
https://www.phnompenhpost.com/national/s-treng-seeks-investors-cashew-development

$20.91m in VAT collected in three months

Cambodia’s General Department of Taxation (GDT) collected $20.91 million in value-added tax (VAT) on e-commerce transactions in the first quarter of 2023. ...

Seng Mengheng
https://kiripost.com/stories/2091m-in-vat-collected-in-three-months

About 200 hectares of community forest land in Kampong Sralou 2 commune has been cleared

The community in Kampong Sralao 2 commune of Chhep district said that at least 200 hectares of forest land were destroyed by a group of people from other provinces. ...

Khouth Sophak Chakrya
https://www.postkhmer.com/national/2023-04-26-1900-249417.html

Cambodia, Vietnam to boost cooperation between border provinces

Ministries, government agencies and localities from Vietnam and Cambodia will coordinate to formulate legal frameworks and cooperation mechanisms to facilitate collaboration, including in trade, between border provinces, it was recently agreed at a joint conference. ...

Khmer Times Staff
https://www.khmertimeskh.com/501280343/cambodia-vietnam-to-boost-cooperation-between-border-provinces/

Environmental activists still demand finding those involved after 11 years of Chut Wutty assassination

About 30 young environmental activists have filed a petition to the Ministry of Justice urging an independent prosecutor’s office to find the perpetrators of Chut Wutty’s murder and bring them to justice after he was killed for 11 years. ...

Sovann Sreypich and Runn Sreydeth
https://khmer.cambojanews.com/environmental-activists-remain-required-to-find-stakeholders-after-11-years-of-murder-of-chut-wutty/

Mekong tourism forum held in Cambodia’s coastal city of Sihanoukville

The Mekong Tourism Forum 2023 kicked off Wednesday in Cambodia’s southwestern port city of Sihanoukville, attracting some 250 delegates from 19 countries and regions. ...

Khmer Times Staff
https://www.khmertimeskh.com/501280430/mekong-tourism-forum-held-in-cambodias-coastal-city-of-sihanoukville/

Dozens of houses destroyed after Bassac river bank collapses following years of sand dredging

Kim Maneth had lived in her home along the river bank in Kandal province for four decades before it collapsed, along with dozens of other homes in an area where sand dredging has been rampant for years. ...

Sovann Sreypich and Runn Sreydeth
https://cambojanews.com/dozens-of-houses-destroyed-after-bassac-river-bank-collapses-following-years-of-sand-dredging/

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