News

The pandemic has increased pressure on building operators, resulting in an all-time high in demand for property management, US-based commercial real estate and service and investment firm CBRE – the largest in the world – said yesterday. ...

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. ...

Cambodia exported more than 5.8 thousand tonnes of dried tobacco leaves worth more than $17 million to nine countries last year, marking a 14 per cent and 28 per cent decline in volume and value, respectively, over 2019. ...

Conch KT Cement (Phnom Penh) Co Ltd plans to build a $263 million cement factory in Kampong Speu province with a two-million-tonne-a-year capacity, according to provincial governor Vei Samnang on March 18. ...

The pandemic has increased pressure on building operators, resulting in an all-time high in demand for property management, US-based commercial real estate and service and investment firm CBRE – the largest in the world – said yesterday. ...

The Kampong Speu provincial authorities are working to identify land grabbers after reclaiming more than 266ha of land at nine sites in Oral district’s Tasal and Trapaing Chor communes as state property. ...

The government has extended its vaccination drive to teachers in Phnom Penh and four provinces amid the February 20 community event. ...

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). ...

Ministry of Defence General Tea Banh announced tonight a military officer has been infected with  COVID-19 despite receiving his second dose. ...

According to media reports, the Cambodian government has given provincial administrations authority to implement restrictions on travel between provinces in response to the current COVID-19 outbreak. ...

The United Nations Development Programme yesterday announced that it has donated ambulances and other medical equipment to help the Kingdom combat COVID-19, which so far has seen 121 million people infected worldwide and 2.67 million deaths. ...

Data from the Korean International Trade Association showed that during January and February Cambodia exported about $64 million of products to the east Asian country, an increase of over 2.9 percent compared with the same period last year. ...

The Phnom Penh Water Supply Authority (PPWSA) has called on residents in the city centre to use water responsibly in order to enable clean water to reach citizens living on the outskirts of the city who are plagued by low water pressure issues that can ...

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. ...

Cambodia’s exports to Vietnam rose in 2020 despite both nations imposing strict cross-border movement control to fight the pandemic. Data from the Ministry of Commerce showed Cambodia’s exports to Vietnam rising by 14.8 percent in 2020 to $385 million. ...

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. ...

The Kingdom is forecast to register gross domestic product (GDP) growth of 3.5 percent, a sharp reversal of 2020’s contraction of 3.1 percent, the Ministry of Foreign Affairs and International Cooperation has said in its macroeconomic situation report. ...

ACLEDA Bank Plc has proposed a five-year, $200 million blended finance investment from the World Bank Group’s International Finance Corporation (IFC), disclosure documents reveal. ...

The prices of Cambodian natural rubber latex on international markets have risen by more than 10 per cent year-on-year in the first quarter, driven by rising demand from China, according to a senior official of the Ministry of Agriculture, Forestry and Fisheries. ...

The February 20 community transmission has compounded the woes of the transport and logistics sectors still reeling from the Covid-19 health crisis. ...

The newly-renamed Securities and Exchange Regulator of Cambodia (SERC) and its nine capital-market-regulator counterparts in ASEAN on March 15 signed a new five-year Action Plan 2021-2025 for the development of the sector. ...

The Koh Kong and Preah Sihanouk provincial authorities are working to identify people who have filled in the sustainable Use Area in Koh Kong ’s Mondul Seima district and an area of sea in Preah Sihanouk’s Stung Hav district. ...

Cambodia is set to receive some 1.5 million doses of China’s Sinovac vaccine in the near future in addition to Sinopharm and AstraZeneca.   ...

An ad-hoc commission, headed by the Ministry of Health secretary of state Or Vandine, will be formed for COVID-19 vaccination, Prime Minister Hun Sen said yesterday. . ...