News
Koreans eyeing bank IPO
Korean investors are looking forward to investing in the local stock market as it prepares to welcome Acleda Bank Plc into its main board. With Acleda Bank, one of the largest banks in the Kingdom, scheduled to go public in upcoming weeks, hundreds of Korean businesspeople ...
May Kunmakara
https://www.phnompenhpost.com/business/koreans-eyeing-bank-ipo
Two summoned over Mondulkiri forest clearing
The Mondulkiri Provincial Court has summoned two suspects to appear in court over the alleged hiring of five villagers to clear forest land last week at the northeast biodiversity conservation corridor in Koh Nhek district. Provincial court spokesman Meas Bros told The Post that on February ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/two-summoned-over-mondulkiri-forest-clearing
CDC okays investments worth over $83 million
Ten investment projects worth $83.7 million were approved by the Council for the Development of Cambodia (CDC) this week, it said in a press release said on Tuesday. The projects are anticipated to create some 4,744 jobs. ...
Thou Vireak
https://www.phnompenhpost.com/business/cdc-okays-investments-worth-over-83-million
School dropouts gain hope through Beep programmes
The ministries of Education; Labour and Vocational Training, and Unesco continue to collaborate on the four-year Basic Education Equivalency Programme (Beep) 2020-23 which has so far benefitted more than 2,000 school dropouts across the 15 provinces, of which nearly 30 per cent are female. ...
Voun Dara
https://www.phnompenhpost.com/national/school-dropouts-gain-hope-through-beep-programmes
Call for female bail review after prisoner’s baby dies
The Ministry of Interior’s General Department of Prisons spokesman Nuth Savna announced that it is conducting investigations into the death of a five-month-old baby who had been living with her mother in Correctional Centre II (Prey Sar). ...
Mech Dara
https://www.phnompenhpost.com/national/call-female-bail-review-after-prisoners-baby-dies
NCDM warns of extreme weather, need for action
A National Committee for Disaster Management (NCDM) report has warned of the danger of extreme weather in Cambodia and a need to take action. The NCDM’s first vice-president, Kun Kim, attributed 95 deaths to 336 rainstorms which hit 22 provinces in 2019. ...
Mech Dara
https://www.phnompenhpost.com/national/ncdm-warns-extreme-weather-need-action
Meng: FTA with China will help us forget EBA
The loss of trade preferences in Europe would be more than offset if Cambodia manages to enter a free trade agreement (FTA) with China, said Cambodian Chamber of Commerce (CCC) president Kith Meng. Meng on Tuesday said landing an FTA with the second-largest economy in the ...
Hin Pisei
https://www.phnompenhpost.com/business/meng-fta-china-will-help-us-forget-eba
PM: Economic growth hampered by Covid-19
Prime Minister Hun Sen on Tuesday reiterated that the Kingdom’s projected economic growth of 6.5 per cent will be hit hard by the Coronavirus outbreak, and not because of the EU’s partial withdrawal of the ‘Everything But Arms’ (EBA) scheme. ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/pm-economic-growth-hampered-covid-19
GDT says revenues up 15% in January
The General Department of Taxation (GDT) collected about 956.76 billion riel ($239.19 million) in tax revenue in January, up 14.74 per cent compared to the same period last year. This is a positive step towards its target of collecting more than $2.885 billion by year’s end, ...
May Kunmakara
https://www.phnompenhpost.com/business/gdt-says-revenues-15-january
Tax-free brackets adjusted
The government has raised the tax-free bracket from 1.2 million riel (about $300) to 1.3 million (about $320) in a move to ensure civil servants due for raises this year are not subjected to income tax. A sub-decree signed by Prime Minister Hun Sen earlier this ...
Long Kimmarita
https://www.phnompenhpost.com/national/tax-free-brackets-adjusted
Chickens from Vietnam banned
Prime Minister Hun Sen has ordered Minister of Agriculture, Forestry and Fisheries Veng Sakhon to take action to prevent the spread of bird flu (H5N1) from Vietnam into the Kingdom as an outbreak of the disease plagues southern Vietnam. ...
Khorn Savi
https://www.phnompenhpost.com/national/chickens-vietnam-banned
Cambodia’s ranking as a logistics hub remains ‘stable’
Cambodia’s ranking has slightly improved in this year’s global index of emerging logistics markets, rising one notch compared with the same survey last year from 42 to 41 among 50 countries included in the study. ...
Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50692512/cambodias-ranking-as-a-logistics-hub-remains-stable
Tax incentives offered to SMEs that register
Tax preferences have been offered to small and medium enterprises (SMEs) as incentives for encouraging informal ones to register and update business information. ...
Chea Vannak
https://www.khmertimeskh.com/50692394/tax-incentives-offered-to-smes-that-register
Stricter tax collection puts $2.9 billion target in sight
The General Department of Taxation (GDT) announced it aims to collect a total of $2,886 million in tax revenue this year. In January, it had already collected about $239 million, accounting for 8.3 per cent of the annual target and an increase of 14.75 per ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50692368/stricter-tax-collection-puts-2-9-billion-target-in-sight
CMAC targets more than 100 villages in Banteay Meanchey for demining work
The Cambodian Mine Action Center has targetted more than 100 villages in Banteay Meanchey province for mine clearing operations over the next three years. Leng Ranin, CMAC provincial demining unit chief, said yesterday they have selected 103 villages for the effort to be carried out from ...
Mom Kunthear
https://www.khmertimeskh.com/50692369/cmac-targets-more-than-100-villages-in-banteay-meanchey-for-demining-work
Hun Sen: EU should respect Kingdom’s stance on human rights, democracy
While Cambodia accepts the European Commission’s recommendation for the partial suspension of the Kingdom’s Everything-but-arms (EBA) trade status, Prime Minister Hun Sen said the European Union should also respect the Kingdom’s stance. ...
Ben Sokhean
https://www.khmertimeskh.com/50692508/hun-sen-eu-should-respect-kingdoms-stance-on-human-rights-democracy
Ten baby Siamese crocs spotted in the Cardamom mountains
Fauna & Flora International said in a statement yesterday the hatchlings of ten baby Siamese crocodiles were spotted by conservationists in late January at the sanctuary, a protected part of the Stung Knong river, in Veal Veng district. ...
Pech Sotheary
https://www.khmertimeskh.com/50692348/ten-baby-siamese-crocs-spotted-in-the-cardamom-mountains
Village leader confesses to illegal logging allowances in Siem Reap
Banteay Srei district governor Khim Finan has issued fines of 12 million riel ($3,000) to 10 villages and a formal warning to a village chief for illegal logging in Skun village, Tbeng commune, Banteay Srei district, Siem Reap province. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/village-leader-confesses-illegal-logging-allowances-siem-reap
Positive resolution for families living on Sekong riverbank in Stung Treng town
Stung Treng provincial authorities are coordinating a huge relocation of more than 130 families living on the banks of the Sekong River to prevent landslides and contribute positively to the town’s aesthetics. ...
Khorn Savi
https://www.phnompenhpost.com/national/positive-resolution-families-living-sekong-riverbank-stung-treng-town
GMAC: Pulling rug from under workers’ feet not way to proceed
The Garment Manufacturers Association in Cambodia (GMAC) has expressed disappointment at the European Commission’s (EC’s) recent decision to suspended one-fifth of the Everything But Arms (EBA) scheme awarded to Cambodia. ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/gmac-pulling-rug-under-workers-feet-not-way-proceed
Loudspeakers latest in arsenal to fight forest crimes
The Mondulkiri provincial Department of Environment has installed loudspeakers on tuk-tuks and motorbikes to be driven around villages prone to natural resource crimes to educate citizens on the importance of protecting forests. ...
Voun Dara
https://www.phnompenhpost.com/national/loudspeakers-latest-arsenal-fight-forest-crimes
Push for more toilets on track
An official from the Ministry of Rural Development said on Monday that as of last year, 80 per cent of Cambodians had toilets to use and 65 per cent had access to clean drinking water. The Kingdom aims for all Cambodians to have access to clean ...
Khorn Savi
https://www.phnompenhpost.com/national/push-more-toilets-track
Banana exports solid but mangoes struggling as Novel Coronavirus affects fresh fruit markets
Fresh bananas are still being exported to the Chinese market. However, fresh mangoes to the South Korean market have been badly hit by the Noval Coronavirus effect on fresh fruit markets. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50692103/banana-exports-solid-but-mangoes-struggling-as-novel-coronavirus-affects-fresh-fruit-markets
KrisEnergy to sell Vietnam oil block and focus on diversion to Cambodia field
Singaporean oil and gas company KrisEnergy has decided to give up one of its oil exploration blocks in Vietnam to focus on its operations in Cambodia. ...
Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50692143/krisenergy-to-sell-vietnam-oil-block-and-focus-on-diversion-to-cambodia-field