News

SME Bank released $53M for tourism business firms

Small and Medium Enterprise Bank of Cambodia Plc. has approved loans to 346 tourism-related firms totalling $53.46M or 35.64 percent of the $150M budget, said a top official of the bank. ...

Nhean Chamrong
https://www.khmertimeskh.com/501288915/sme-bank-released-53m-for-tourism-business-firms/

Cambodia’s international trade declines 14.1%

Cambodia’s international trade stood at $15.16 billion for January to April this year, a decline of 14.1 percent, compared to the same period last year, according to the trade data released by the General Department of Customs and Excise (GDCE) yesterday. ...

Manoj Mathew
https://www.khmertimeskh.com/501288366/cambodias-international-trade-declines-14-1/

42nd ASEAN Summit sets agenda to stop ‘digital crimes’

Cambodia and Association of Southeast Asian Nations (ASEAN) member nations have adopted a declaration to manage digital technologies to protect migrant workers and combat transnational human trafficking. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501288906/42nd-asean-summit-sets-agenda-to-stop-digital-crimes/

NEC expects international observers to register before deadline

Despite an effort by opposition groups to lobby the international community to refrain from sending observers, the National Election Committee (NEC) is confident that international observers will register before their deadline on July 19. ...

Ben Sokhean
https://www.khmertimeskh.com/501288907/nec-expects-international-observers-to-register-before-deadline/

Indonesia’s Jokowi wants country to take part in Cambodia’s infrastructure projects

Indonesian President Joko Jokowi Widodo shared the country’s desire to be involved in infrastructure development projects in Cambodia as a form of commitment to expand economic ties between the two countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501288541/indonesias-jokowi-wants-country-to-take-part-in-cambodias-infrastructure-projects/

COVID-19 still a threat, says WHO

Despite downgrading the threat level of COVID-19, the World Health Organization (WHO) has recommended that Cambodians must remain vigilant and keep abreast of booster updates. ...

Tith Kongnov
https://www.khmertimeskh.com/501287449/covid-19-still-a-threat-says-who/

UN, EU supporting SMEs involved in fisheries in Cambodia via Capfish-Capture program

Capfish-Capture, a project organized by the UN Industrial Development Organization (UNIDO), is giving technical and financial support to small and medium-sized enterprises (SMEs) in Cambodia’s fishing industry to promote compliance with international food safety standards, allow SMEs to upgrade their machinery, connect SMEs with microfinance ...

Khmer Times Staff
https://www.khmertimeskh.com/501287791/un-eu-supporting-smes-involved-in-fisheries-in-cambodia-via-capfish-capture-program/

Cambodia: 11 political parties recognised to compete in July general election

The National Election Committee (NEC) of Cambodia recognised 11 political parties as eligible to compete in the 7th National Assembly election in July this year, as a 15-day registration period ended on May 8. ...

Khmer Times Staff
https://www.khmertimeskh.com/501287799/cambodia-11-political-parties-recognised-to-compete-in-july-general-election/

PM Pham Minh Chinh meets Cambodian counterpart on side-lines of 42nd ASEAN Summit

Prime Minister Pham Minh Chinh met with his Cambodian counterpart Prime Minister Hun Sen on May 9 on the side-lines of the 42nd ASEAN Summit in Labuan Bajo, Indonesia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501287783/pm-pham-minh-chinh-meets-cambodian-counterpart-on-side-lines-of-42nd-asean-summit/

WFP and Cambodian Agriculture Cooperative Corporation launch $3 million project to support smallholder farmers

The United Nations World Food Programme (WFP) and the Cambodian Agriculture Cooperative Corporation (CACC) are launching a new project targeting over 1,200 smallholder farmers and their extended families in Koh Nhek, Mondulkiri, the country’s north-eastern province. ...

Khmer Times Staff
https://www.khmertimeskh.com/501287044/wfp-and-cambodian-agriculture-cooperative-corporation-launch-3-million-project-to-support-smallholder-farmers/

Cambodia to spend $1.8B for improving power transmission

Cambodia’s efforts to improve its electricity transmission network will require nearly $1.8 billion, according to the Power Development Plan (PDP) 2022-2040, released recently. ...

Manoj Mathew
https://www.khmertimeskh.com/501284692/cambodia-to-spend-1-8b-for-improving-power-transmission/

20 political parties register to contest in Cambodia’s July general election, just as in 2018

Some 20 political parties had registered to contest in Cambodia’s forthcoming general election, as a 15-day party registration period ended on Monday, the National Election Committee (NEC) said in a press statement. ...

Khmer Times Staff
https://www.khmertimeskh.com/501287028/20-political-parties-register-to-contest-in-cambodias-july-general-election-just-as-in-2018/

33% rise in tax registrations Q1

The General Department of Taxation (GDT) registered 3,566 new businesses in the first quarter of the year, a year-on-year increase of 33 percent, a report said yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501284689/33-rise-in-tax-registrations-q1/

Government remains committed to protecting press freedom

Prime Minister Hun Sen has reaffirmed the Royal Government’s continued commitment to protecting the freedom of expression, freedom of the press in accordance with the country’s Constitution and Press Law. ...

Khmer Times Staff
https://www.khmertimeskh.com/501284403/government-remains-committed-to-protecting-press-freedom/

Chinese firm wins deal to build 3rd largest port in Cambodia

China Harbour Engineering Company Ltd. (CHEC) on Friday secured a contract from a Cambodian firm to construct a multi-purpose seaport in southwestern Cambodia’s Kampot province. ...

Khmer Times Staff
https://www.khmertimeskh.com/501285273/chinese-firm-wins-deal-to-build-3rd-largest-port-in-cambodia/

GDT brings in $20.9M of e-commerce VAT over Q1

The General Department of Taxation (GDT) announced that it collected 84.67 billion riel, or $20.91 million, in value-added tax (VAT) from e-commerce in the first quarter of the year, which is seen as a reflection of the boom in online transactions witnessed since the advent ...

May Kunmakara
https://www.phnompenhpost.com/business/gdt-brings-209m-e-commerce-vat-over-q1

Koh Kong’s first int’l seaport set for launch

Koh Kong province’s first international seaport, invested in and developed by Koh Kong Port Management Co Ltd, is scheduled to launch in the second half of the year, as a number of linked infrastructure works reach completion, according to provincial governor Mithona Phoutong. ...

Hin Pisei
https://www.phnompenhpost.com/business/koh-kongs-first-intl-seaport-set-launch

GDT, banks vow to step up tax payment efficiency

The finance ministry has to-date signed memorandums of understanding (MoU) with 10 banks to process tax-related payments to the General Department of Taxation (GDT), one of its subordinate units. ...

Van Socheata
https://www.phnompenhpost.com/business/gdt-banks-vow-step-tax-payment-efficiency

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