Government
Gov’t rolls out eighth round of relief measures
The private sector rejoiced as the government on March 25 announced its eight round of measures to keep businesses afloat and stimulate economic growth as the Kingdom grapples with surging novel coronavirus infections. ...
May Kunmakara
https://www.phnompenhpost.com/business/govt-rolls-out-eighth-round-relief-measures
Telecoms association launched
The Association of Telecommunication Operators in Cambodia (ATOC) was officially launched on March 25 in a move to build a united voice in dealing with relevant stakeholders and the Royal Government of Cambodia for the development of the telecommunications industry. ...
May Kunmakara
https://www.phnompenhpost.com/business/telecoms-association-launched
Chinese tourists to Kingdom slip 86% in Covid-hit 2020
Chinese tourist arrivals to the Kingdom plummeted 86 percent last year to 329,673 compared to 2,361,849 in 2019 amid global uncertainty concerning the potential impact of the novel coronavirus, according to Ministry of Tourism data. ...
Hin Pisei
https://www.phnompenhpost.com/business/chinese-tourists-kingdom-slip-86-covid-hit-2020
IDPoor scheme sees $291 million given to 700,000 households
The government has disbursed $291 million to 692,092 eligible families who were hit hard by the COVID-19 pandemic between July last year and Wednesday (March 24). ...
Chea Vanyuth
https://www.khmertimeskh.com/830242/idpoor-scheme-sees-291-million-given-to-700000-households/
Cambodia, Singapore satisfied with bilateral relations and cooperation
Cambodia and Singapore have spoken highly of their good friendship and cooperation, especially in the fields of economy, health and people-to-people relations. ...
Khmer Times Staff
https://www.khmertimeskh.com/50830279/cambodia-singapore-satisfied-with-bilateral-relations-and-cooperation/
Ministry, KAPE set up more internet-connected libraries
The Ministry of Education, Youth and Sport in partnership with Kampuchea Action to Promote Education (KAPE) is setting up modern libraries equipped with internet connections at 16 schools in Ratanakkiri, Kratie and Tbong Khmum provinces to promote student literacy. ...
Voun Dara
https://www.phnompenhpost.com/national/ministry-kape-set-more-internet-connected-libraries
Cambodia Posts sets stricter time demands
Cambodia Post (CP) has imposed more stringent time demands for its domestic Express Mail Service (EMS) across its branches to carve a larger slice of the local market and offset the Covid-19 pandemic’s toll on international postage services, the state-owned enterprise said in a notice ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-posts-sets-stricter-time-demands
Financial leniency urged for buyers of boreys, condos
The government on March 22 issued a plea to developers of borey gated-communities and condominiums in Cambodia to ease some of the financial pressure facing customers to pay monthly installments until the end of March 2022, in light of the Covid-19 pandemic. ...
Hin Pisei
https://www.phnompenhpost.com/business/financial-leniency-urged-buyers-boreys-condos
Ministry to launch new jobsite to boost employment
The Ministry of Labour will launch a new job website – WORKNET – on employment services and labour market information in Cambodia on April 8, to help Cambodians find jobs during the pandemic. ...
Sen David
https://www.khmertimeskh.com/50829112/ministry-to-launch-new-jobsite-to-boost-employment/
Garlic becoming potential cash crop in Mondulkiri
Garlic is becoming another potential cash crop for Cambodia’s north-eastern province of Mondulkiri – thanks to the remarkable success of a pioneer farmer. The good news was shared recently in a Facebook post by the Minister of Agriculture, Forestry and Fisheries Veng Sakhon. ...
Khmer Times Staff
https://www.khmertimeskh.com/50827814/garlic-becoming-potential-cash-crop-in-mondulkiri/
Inclusion guide to aid 1.7M poor
The much-anticipated Inclusive Business Enabling Environment for Cambodia (IbeeC) strategy will be adopted soon to meet the needs of 1.7 million poor and low-income Cambodians by 2023, a wide-ranging virtual meeting conducted by the Ministry of Industry, Science, Technology and Innovation heard on March 18. ...
Thou Vireak
https://www.phnompenhpost.com/business/inclusion-guide-aid-17m-poor
Bovine use in farm work falls
The increasing adoption of machinery in Cambodia drove down the use of bovines as draught power in the agricultural sector to below one per cent last year, a trend a senior official at the Ministry of Agriculture, Forestry and Fisheries believes will extend into the ...
Hin Pisei
https://www.phnompenhpost.com/business/bovine-use-farm-work-falls
‘Allied action required for digital shift’
Cambodia continues to face a multitude of challenges as digital payments and solutions graduate from a niche business to a key segment in the Kingdom’s development strategy, according to National Bank of Cambodia (NBC) assistant governor Chea Serey on March 17. ...
May Kunmakara
https://www.phnompenhpost.com/business/allied-action-required-digital-shift
Tax revenue from casino sector drops
Tax revenue from Cambodia’s casino industry cratered in 2020 as Covid-19 prompted the government to tighten entry restrictions, limiting the number of international visitors to the Kingdom, according to a Ministry of Economy and Finance senior official on March 21. ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-revenue-casino-sector-drops
Prime Minister announces three-day Khmer New Year holiday
Prime Minister Hun Sen has decided to allow three days off for this year’s Khmer New Year celebrations after last year’s holidays were cancelled over the pandemic. ...
Ben Sokhean
https://www.khmertimeskh.com/50828067/prime-minister-announces-three-day-khmer-new-year-holiday/
GDT firm on March 31 tax deadline
General Department of Taxation (GDT) director-general Kong Vibol refused to budge on a March 31 deadline to file tax on income (ToI) for fiscal year 2020 despite the economic pressure on the business community caused by the Covid-19 pandemic. ...
May Kunmakara
https://www.phnompenhpost.com/business/gdt-firm-march-31-tax-deadline
Japan provides additional $483,000 to support projects in Cambodia
The Japanese Government has agreed to provide $483,204 in total to supports some projects in five provinces, under the Grant Assistance for Grassroots Human Security Projects (KUSANONE Grant). ...
Khmer Times Staff
https://www.khmertimeskh.com/50826505/japan-provides-additional-483000-to-support-projects-in-cambodia/
MPTC, Microsoft agree to promote digitalisation in Cambodia
Ministry of Post and Telecommunications (MPTC) and Microsoft in Asia Pacific have agreed to enhance the digital usage in Cambodia, as the Royal Government is transforming itself into e-government. ...
C. Nika/AKP
https://www.khmertimeskh.com/50826497/mptc-microsoft-agree-to-promote-digitalisation-in-cambodia/
NBC’s director-general: Promoting financial inclusion
During an interview with CoinDesk’s online web show, “Money Re-imagined”, the Director-General and Assistant Governor of the National Bank of Cambodia (NBC) Chea Serey explained how the central bank is working towards financial inclusion by encouraging the opening of formal savings accounts. ...
Sok Chan
https://www.khmertimeskh.com/50825873/nbcs-director-general-promoting-financial-inclusion/
Property tax app: Convenience, transparency and efficiencies
The General Department of Taxation (GDT) has announced that payment of property tax is now possible via mobile phone through the “GDT Taxpayer App”. The announcement was issued on March 11 and signed by Kong Vibol, minister attached to the Prime Minister and director-general of ...
Sok Chan
https://www.khmertimeskh.com/50824752/property-tax-app-convenience-transparency-and-efficiencies/
$350M Koh Kong airport on track
Pre-commissioning work on the $350 million Dara Sakor International Airport in Koh Kong province remains on schedule, with flight operations planned to start in mid-2021, State Secretariat of Civil Aviation (SSCA) spokesman Sin Chansereyvutha told The Post on March 15. ...
May Kunmakara
https://www.phnompenhpost.com/business/350m-koh-kong-airport-track
South Korea quota allows Cambodians to register to work
The Ministry of Labour announced yesterday that thousands of Cambodian workers can register to work in South Korea through the Employment Permit System (EPS). ...
Sen David
https://www.khmertimeskh.com/50825247/south-korea-quota-allows-cambodians-to-register-to-work/
Trade chambers ask GDT to delay income-tax date
Nine international business chambers have called on the General Department of Taxation (GDT) to extend the deadline for filing tax on income for fiscal year 2020 past March 31 in light of economic pressure caused by the Covid-19 pandemic. ...
May Kunmakara
https://www.phnompenhpost.com/business/trade-chambers-ask-gdt-delay-income-tax-date
Tickets now allow more days of access to Angkor
Angkor Enterprise has extended the period of validity for entry tickets to Angkor Archaeological Park in a move to revive tourism to the sprawling temple complex, it said in a March 10 press release. ...
Thou Vireak
https://www.phnompenhpost.com/business/tickets-now-allow-more-days-access-angkor