The Phnom Penh Post
$550M of investment projects get CDC nod
The Council for the Development of Cambodia (CDC) has approved final registration certificates for 15 projects with capital investment of nearly $550 million in the first two weeks of this month, which could reportedly generate 13,952 new jobs in fields such as car assembly, power ...
Hin Pisei
https://www.phnompenhpost.com/business/550m-investment-projects-get-cdc-nod
Cheam Yeab nominated as First VP of National Assembly
Cheam Yeab – a National Assembly (NA) member for Prey Veng province and chairman of the NA’s Economics, Finance, Banking and Auditing Commission – was selected by the ruling Cambodian People’s Party (CPP) to be the NA’s first vice-president, replacing Nguon Nhel who passed away ...
Nov Sivutha
https://www.phnompenhpost.com/national/cheam-yeab-nominated-first-vp-national-assembly
Modern Chinese-funded hospital in Tbong Khmum nearing completion
The construction of the Tbong Khmum Cambodia-China Friendship Hospital in Tbong Khmum province is scheduled to be completed at the end of this month, with its opening planned for early next year. ...
Long Kimmarita
https://www.phnompenhpost.com/national/modern-chinese-funded-hospital-tbong-khmum-nearing-completion
No payment required for travellers taking rapid Covid tests on arrival
Ministry of Health officials said there would be no payment required for the rapid Covid-19 tests given to travellers who arrive in Cambodia from November 15 onwards after the quarantine requirement is lifted for fully vaccinated people. ...
Mom Kunthear
https://www.phnompenhpost.com/national/no-payment-required-travellers-taking-rapid-covid-tests-arrival
GDT rakes in $2.3B of tax revenue over first 10 months
Although the Covid-19 outbreak has had a prolonged impact on the economy from late 2019 to 2021, it has had little effect on tax revenue, reflecting the effectiveness of tax governance and transparency efforts, according to General Department of Taxation (GDT) chief Kong Vibol. ...
May Kunmakara
https://www.phnompenhpost.com/business/gdt-rakes-23b-tax-revenue-over-first-10-months
K Speu reclaims over 300ha of encroached land in wildlife area
The Kampong Speu Provincial Administration has reclaimed more than 300ha of forest land in Oral district which was being illegally logged and cleared by unidentified individuals. Authorities are searching for those responsible for the encroachment for legal action. ...
Lay Samean
https://www.phnompenhpost.com/national/k-speu-reclaims-over-300ha-encroached-land-wildlife-area
NEC signed memo with ministries on vote security
Minister of Interior Sar Kheng commended authorities at all levels for their joint efforts in strengthening security, public order and social safety which create a favourable environment for the upcoming commune elections scheduled for June 5. ...
Nov Sivutha
https://www.phnompenhpost.com/national/nec-signed-memo-ministries-vote-security
Singapore goods flood Cambodian shores
Bilateral trade between Cambodia and Singapore totaled $4.37 billion in the first 10 months of 2021, a 51.27 per cent year-on-year surge from $2.89 billion, as reported by the Ministry of Commerce, despite Covid-related disruptions to manufacturing supply chains. ...
Hom Phanet
https://www.phnompenhpost.com/business/singapore-goods-flood-cambodian-shores
Japan an active ASEAN Community builder: Chanthol
Japan has been instrumental in ASEAN connectivity development, extending a helping hand in a vast spectrum of major infrastructure projects across the Southeast Asian economic bloc, especially in the Kingdom. ...
Hin Pisei
https://www.phnompenhpost.com/business/japan-active-asean-community-builder-chanthol
Envoy enlisted in South Korea tourist push
South Korean ambassador to Cambodia Park Heung-kyeong has joined in the pursuit to encourage residents of the East Asian country who are fully vaccinated against the novel coronavirus to choose the Kingdom as their next holiday getaway, after tourism revival plans kick off in end-November. ...
Hin Pisei
https://www.phnompenhpost.com/business/envoy-enlisted-south-korea-tourist-push
BirdLife spots eight Asian woolly-necked stork nests
The BirdLife International Cambodia Programme on November 12 said it has found eight nests of the Asian woolly-necked stork in Lumphat Wildlife Sanctuary this breeding season, which it noted indicates an on-year increase in population. ...
Ry Sochan
https://www.phnompenhpost.com/national/birdlife-spots-eight-asian-woolly-necked-stork-nests
Tourism digital literacy training programme eyes Industry 4.0
Digital literacy will play an important role in supporting the recovery of Cambodian tourism from the Covid-19 crisis and leveraging the potential of new technologies to reorganise and develop the ecosystem around Industry 4.0, and strengthen the sustainability and competitive edge of the sector. ...
Nov Sivutha
https://www.phnompenhpost.com/business/tourism-digital-literacy-training-programme-eyes-industry-40
Investment law to guide recovery, FTA uptake
The new Law on Investment will be a crucial tool as the Kingdom pushes ahead with post-Covid-19 economic recovery plans, and help lay the groundwork to maximise benefits from free trade agreements (FTA), according to Cambodia Chamber of Commerce (CCC) president Kith Meng. ...
Hom Phanet
https://www.phnompenhpost.com/business/investment-law-guide-recovery-fta-uptake
GDT head warns breweries over tax compliance
Cambodia’s tax chief ordered brewery and beverage plant owners to comply with tax good governance principles, including transparency, firmly suggesting that they install modern flow meter systems. ...
May Kunmakara
https://www.phnompenhpost.com/business/gdt-head-warns-breweries-over-tax-compliance
Agriculture sector sees promising future for solar-power equipment
Minister of Agriculture, Forestry and Fisheries Veng Sakhon said solar-powered agricultural equipment had the potential to help Cambodia’s farmers withstand the impacts of climate change and that it could also reduce production costs and greenhouse gas emissions for the Kingdom’s agriculture sector. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/agriculture-sector-sees-promising-future-solar-power-equipment
Oz digs deep for water infrastructure
Australia launched the Cambodian component of the Mekong-Australia Partnership (MAP) initiative to strengthen Cambodia’s economic recovery, environmental resilience and human resource development. ...
Ry Sochan
https://www.phnompenhpost.com/national/oz-digs-deep-water-infrastructure
PM: Entertainment venues allowed to reopen on Dec 1
Authorities are set to lift restrictions on some “high-risk” businesses after November 30, including nightlife entertainment venues that rely heavily on alcohol sales such as KTV/karaoke parlours, nightclubs and bars, which have all been closed longer than other establishments. ...
Mom Kunthear
https://www.phnompenhpost.com/national/pm-entertainment-venues-allowed-reopen-dec-1
Hun Sen blasts analysts for UNTAC-era nostalgia
Prime Minister Hun Sen blasted unnamed analysts for statements indicating their desire to bring the Paris Peace Agreements back into force somehow. He said that calling for a reversion to that agreement was tantamount to calling for foreigners to take control of the country again. ...
Ry Sochan
https://www.phnompenhpost.com/national-politics/hun-sen-blasts-analysts-untac-era-nostalgia
Hun Sen: Filled-in lakes not cause of flooding in capital
Prime Minister Hun Sen said people who criticised the authorities’ response to flash flooding in Phnom Penh were jealous of the government’s development, saying it was not due to the fill-in of lakes but torrential rain that prevents the timely release of water. ...
Mom Kunthear
https://www.phnompenhpost.com/national/hun-sen-filled-lakes-not-cause-flooding-capital
Hun Sen: Dual citizenship ban to last at least a century
Prime Minister Hun Sen affirmed that from now until at least the next century, the heads of the top four national institutions must hold single Cambodian citizenship, while the leaders of some opposition political parties have announced they would relinquish their dual-citizenships. ...
Voun Dara
https://www.phnompenhpost.com/national/hun-sen-dual-citizenship-ban-last-least-century
King Sihamoni to address UNESCO’s General Assembly
King Norodom Sihamoni will attend the 41st General Assembly of UNESCO on the occasion of its 75th anniversary, which is scheduled for November 10-14 in the French capital Paris. ...
Nov Sivutha
https://www.phnompenhpost.com/national/king-sihamoni-address-unescos-general-assembly
US trade swells to nearly $6.5B in Jan-Sept
Trade between Cambodia and the US totalled $6.4793 billion in the first nine months of 2021, marking a 28.37 per cent year-on-year uptick from $5.0471 billion, according to the US Census Bureau (USCB). ...
Hin Pisei
https://www.phnompenhpost.com/business/us-trade-swells-nearly-65b-jan-sept
Revisions to insurance draft sub-decree get in-principle nod
The Ministry of Economy and Finance has approved in-principle revisions to a draft sub-decree on insurance, as the industry continues its current growth trajectory and attracts new investors each year. ...
May Kunmakara
https://www.phnompenhpost.com/business/revisions-insurance-draft-sub-decree-get-principle-nod
Rice exports top 3M tonnes in Jan-Oct
Even as a shipping-container shortage and rising transportation costs stymie the growth of milled rice exports to European and other Western markets, Cambodia managed to ship out 3,119,829 tonnes of the crop abroad, worth $957.30 million, in the first 10 months of 2021, according to ...
May Kunmakara
https://www.phnompenhpost.com/business/rice-exports-top-3m-tonnes-jan-oct