News

Ten new factory approvals means ‘over 20K’ more jobs

The Council for the Development of Cambodia (CDC) notices issued in January reveal that it has greenlit 10 new projects worth nearly $100 million, all in the manufacturing industry: eight involved in textiles and two in light bulbs. ...

Hin Pisei
https://www.phnompenhpost.com/business/ten-new-factory-approvals-means-over-20k-more-jobs

Electricite Du Cambodge Gets 70 Hectares of Boeng Tamok

The government continued the trend of giving state institutions and private individuals tracts of land on Phnom Penh’s Boeng Tamok lake, handing over 70 hectares to state utilities supplier Electricite du Cambodge. ...

Seoung Nimol
https://vodenglish.news/electricite-du-cambodge-gets-70-hectares-of-boeng-tamok/

Local, Finnish Red Crosses set to assist four provinces

The Cambodian Red Cross (CRC) has signed an agreement with the Finnish Red Cross (FRC) on a programme to promote humanitarian and community health activities in four provinces. ...

Yuth Vireak
https://www.phnompenhpost.com/national/local-finnish-red-crosses-set-assist-four-provinces

India, Cambodia mark 70 years with 70 trees

Indian and Cambodian officials on January 30 planted 70 trees at Jayavarman-Norodom Phnom Kulen National Park in Siem Reap, in a ceremony held to commemorate the 70th anniversary of diplomatic relations between the two nations and to inspire people to care for the forest. ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/india-cambodia-mark-70-years-70-trees

Action plan set to safeguard Tonle Sap Lake

An inter-ministerial committee tasked with combating fisheries crimes at Tonle Sap Lake has issued a five-point action plan designed to preserve it as a natural resource for long-term public interests. ...

Rann Reuy
https://www.phnompenhpost.com/national/action-plan-set-safeguard-tonle-sap-lake

A grade grads meeting PM

The Ministry of Education, Youth, and Sport said the more than 1,000 students who earned A grades in last year’s high school examinations are set for their February 2 meeting with Prime Minister Hun Sen. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/grade-grads-meeting-pm

Ministry reminds rubber plantations on fire prevention

The Ministry of Agriculture, Forestry and Fisheries’ General Directorate of Rubber (GDR) issued four-point fire prevention guidelines to rubber plantation owners, as the autumn sees the trees shedding their leaves. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/ministry-reminds-rubber-plantations-fire-prevention

Private educational institutions get tax exemptions for another five years

Prime Minister Hun Sen has decided not to collect taxes from private educational institutions for another five years, from 2024 to 2028. ...

Khmer Times Staff
https://www.khmertimeskh.com/501230920/private-educational-institutions-get-tax-exemptions-for-another-five-years/

Cambodia eyes exporting 1 million tons milled rice by 2025

The Cambodia Rice Federation has set an ambitious goal to export at least a million tons of milled rice by 2025, an over 50 percent increase compared to the export figure in 2022. ...

Chea Vanyuth
https://www.khmertimeskh.com/501230991/cambodia-eyes-exporting-1-million-tons-milled-rice-by-2025/

MPTC launches online domain name with .kh

The Ministry of Posts and Telecommunications (MPTC) has launched online registration of domain name with the official extension .kh to increase the efficiency and effectiveness for individuals and institutions to develop their websites that would be used to communicate with customers and the public through the ...

Kang Sothear
https://www.khmertimeskh.com/501231241/mptc-launches-online-domain-name-with-kh/

Gov’t to launch informal economic policy this year

The Royal Government of Cambodia (RGC) is set to prepare and launch the informal economy policy before the end of 2023 to develop and upgrade the informal sector in a management system under the formal economy, said a top official of the Ministry of Economy ...

Kang Sothear
https://www.khmertimeskh.com/501230999/govt-to-launch-informal-economic-policy-this-year/

PM appreciates GDT for increased tax collection

Prime Minister Hun Sen lauded the General Department of Taxation (GDT) for its efforts in collecting tax revenue that exceeded the budget plan in 2022, adding that the increased tax revenue contributed to the national economic development. ...

Chea Vanyuth
https://www.khmertimeskh.com/501230997/pm-appreciates-gdt-for-increased-tax-collection/

More rangers deployed to protect Mekong River dolphins

The Kratie provincial authorities have deployed more than 44 rangers with 11 patrol stations along the Mekong River in order to protect the Dolphin Conservation Area. ...

Tith Kongnov
https://www.khmertimeskh.com/501230996/more-rangers-deployed-to-protect-mekong-river-dolphins/

$3.4b collected in taxes in 2022

A total of $3.4 billion was collected in taxes in 2022, marking a 23.96 percent increase from 2021. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-34b-collected-in-taxes-in-2022

Cambodia’s increasing business registration reflects economic recovery

The Ministry of Commerce registered 10,701 new companies and enterprises in 2022, up 40 percent from 2021, reflecting Cambodia’s post pandemic economic recovery, said a report of the Ministry of Commerce released earlier this week. ...

Khmer Times Staff
https://www.khmertimeskh.com/501231414/cambodias-increasing-business-registration-reflects-economic-recovery/

Cambodia, Laos, Myanmar and Vietnam to grow stronger this year, says Thai bank

The Economic Intelligence Centre of the Siam Commercial Bank forecasts the CLMV countries, namely Cambodia, Laos, Myanmar and Vietnam, will gain a stronger growth momentum in 2023, but remain below its growth potential prior to the COVID-19 outbreaks. ...

Khmer Times Staff
https://www.khmertimeskh.com/501231435/cambodia-laos-myanmar-and-vietnam-to-grow-stronger-this-year-says-thai-bank/

Ho Chi Minh City, Cambodia’s localities boost cooperation

Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai on January 31 received Cambodian Consul General in the city Sok Dareth who came to bid farewell at the end of his tenure. ...

Khmer Times Staff
https://www.khmertimeskh.com/501231400/ho-chi-minh-city-cambodias-localities-boost-cooperation/

DPM Prak Sokhonn to attend first major gathering of ASEAN Foreign Ministers in 2023 in Jakarta Friday

Prak Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation, will lead a delegation to attend the 32nd ASEAN Coordinating Council (ACC) and ASEAN Foreign Ministers’ (AMM) Retreat, which will be held on Feb. 3 in Jakarta, at the invitation of Mrs Retno ...

Khmer Times Staff
https://www.khmertimeskh.com/501231407/dpm-prak-sokhonn-to-attend-first-major-gathering-of-asean-foreign-ministers-in-2023-in-jakarta-friday/

Action plan set to safeguard Tonle Sap Lake

An inter-ministerial committee tasked with combating fisheries crimes at Tonle Sap Lake has issued a five-point action plan designed to preserve it as a natural resource for long-term public interests. The committee, led by Minister of Agriculture, Forestry and Fisheries Dith Tina, finalised the plan during ...

Rann Reuy
https://www.phnompenhpost.com/national/action-plan-set-safeguard-tonle-sap-lake

Int’l trade rises as commerce ministry lays out 2023 plans

Cambodia’s 9.19 per cent on-year rise in foreign trade value to the $52.425 billion logged by Customs for 2022 was driven by “in-depth reforms in all areas”, improvements in export competitiveness, and an increasingly favourable business and investment environment, according to Minister of Commerce Pan ...

Hin Pisei
https://www.phnompenhpost.com/business/intl-trade-rises-commerce-ministry-lays-out-2023-plans

‘Eco-tourism’ development on the cards for Koh Thmey isle

Local company HTTH Island Investment Co Ltd is reportedly studying the feasibility of a 16.68sq km “eco-tourism” development project on Koh Thmey island, just southeast of Prey Nop district’s Ream National Park in Preah Sihanouk province. ...

May Kunmakara
https://www.phnompenhpost.com/business/eco-tourism-development-cards-koh-thmey-isle

Salt, fish sauce, crayfish set for GI tag

Three local products are in the final stages of domestic geographical indication (GI) registration, with another not far behind, the Ministry of Commerce reported, raising hopes that the protected status would allow producers to expand their footprint globally, and promote a surge in the value ...

Hin Pisei
https://www.phnompenhpost.com/business/salt-fish-sauce-crayfish-set-gi-tag

Private trade centres eyed for five cities across China

The Ministry of Commerce plans to set up five Cambodian private business centres in China to step up the Kingdom’s exports to the East Asian giant and maximise use of the bilateral free trade agreement (FTA) between the two countries, the ministry’s two-day annual meeting ...

Hin Pisei
https://www.phnompenhpost.com/business/private-trade-centres-eyed-five-cities-across-china

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