Khmer Times

RCEP key mechanism to safeguard free trade: Cambodian PM

The Regional Comprehensive Economic Partnership (RCEP) is an important mechanism to safeguard the rules-based multilateral free trade system against the trends of anti-globalization and protectionism, Cambodian Prime Minister Hun Sen said on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501179199/rcep-key-mechanism-to-safeguard-free-trade-cambodian-pm/

Cambodia-Korea Free Trade Agreement to enter into force in December

Hun Sen, Prime Minister of the Kingdom of Cambodia, yesterday morning announced that the bilateral free trade agreement between Cambodia and South Korea will come into force in December this year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501179178/cambodia-korea-free-trade-agreement-to-enter-into-force-in-december/

Cambodia set for more bilateral FTAs

The Cambodian government is pushing for the establishment of more bilateral free trade agreements with main trade partners in a bid to access wider markets for the country’s products. ...

Chea Vanyuth
https://www.khmertimeskh.com/501178750/cambodia-set-for-more-bilateral-ftas/

RCEP strengthens global value chains, says PM

Lauding the Regional Comprehensive Economic Partnership (RCEP), Cambodian Prime Minister Hun Sen said it has strengthened the global value chains and protected the multilateral free trade system. ...

Chea Vanyuth
https://opendevelopmentcambodia.net/km/?post_type=news-article&p=167124&preview=true

Bunong claim gov’t gave their land away

Indigenous people representing nearly 100 families in Sen Monorom commune, O’Raing district, Mondulkiri province, have filed a complaint against the authorities for granting 255 hectares of their land to a private company for investment and development as a natural tourism area. ...

Torn Vibol
https://www.khmertimeskh.com/501178877/bunong-claim-govt-gave-their-land-away/

Cambodia, UN satisfied with bilateral cooperation

Cambodia and the United Nations have shown their satisfaction with their existing good cooperation and exchanged views on its further enhancement, according to Chum Sounry, Spokesperson of the Ministry of of Foreign Affairs and International Cooperation (MFAIC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501179156/cambodia-un-satisfied-with-bilateral-cooperation/

Consumer credit applications up 5 percent in third quarter

The personal loan market improved significantly in the third quarter of 2022, according to the Consumer Credit Index of the Credit Bureau Cambodia (CBC). In the third quarter, the number of consumer credit applications increased marginally from the second quarter, according to the latest report. ...

Sok Sithika
https://www.khmertimeskh.com/501178749/consumer-credit-applications-up-5-percent-in-third-quarter/

ADB, EDC sign mandate for two GW solar and battery storage power programme in Cambodia

The Asian Development Bank (ADB) signed a transaction advisory services mandate with Cambodia’s national utility company Électricité du Cambodge (EDC) to support the development of two gigawatts (GW) of solar power in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501179163/adb-edc-sign-mandate-for-two-gw-solar-and-battery-storage-power-programme-in-cambodia/

5 banana plantation workers succumb to ‘poisoning’, 69 recover

Five banana plantation workers in Kampong Cham province’s Stung Trang district died of poisoning on October 25 and 26, while a further 69 workers, who were also poisoned, have recovered. ...

Chhun Sunly
https://www.khmertimeskh.com/501178758/5-banana-plantation-workers-succumb-to-poisoning-69-recover/

Singapore replaces China as Cambodia’s top FDI source

Singapore has replaced China as the leading investing country in Cambodia in 2021, accounting for six projects, or 40 percent of Cambodia’s inward FDI, revealed the Investment Monitor’s ‘2022 Inward FDI Performance Index’, released recently. ...

Manoj Mathew
https://www.khmertimeskh.com/501178069/singapore-replaces-china-as-cambodias-top-fdi-source/

Mondulkiri solves its biggest land dispute

An outside the court settlement was made in the biggest land dispute in Mondulkiri province had seen since 2019. Bousra commune chief Yeut Savin said yesterday that land disputes involving three companies – Varanasi Economic Land Concession Company, Socfin-KCD Company, Kovipama Company – and indigenous ...

Chhun Sunly
https://www.khmertimeskh.com/501178068/mondulkiri-solves-its-biggest-land-dispute/

NCDM seeks more funds to buy equipment

The National Committee for Disaster Management (NCDM) needs about $500,000 more to purchase much-needed first aid kits after receiving more than $230,000 in donations. ...

Torn Vibol
https://www.khmertimeskh.com/501178166/ncdm-seeks-more-funds-to-buy-equipment/

PM defends appointment of Tina as Agriculture Minister

Prime Minister Hun Sen has lambasted people who have criticised the appointment of Dith Tina as Minister of Agriculture, Forestry and Fisheries, a government official who has mining expertise but no agricultural skills. ...

Hang Punreay
https://www.khmertimeskh.com/501178064/pm-defends-appointment-of-tina-as-agriculture-minister/

Kampong Chhnang plans to hold traditional kite flying festival

The Department of Culture and Fine Arts of Kampong Chhnang province is making 100 kites to dedicate to the wind god at a traditional event that Cambodians hold on December 8. ...

Torn Vibol
https://www.khmertimeskh.com/501177575/kampong-chhnang-plans-to-hold-traditional-kite-flying-festival/

Cambodia-UAE first round of CEPA talks completed

Cambodia and United Arab Emirates on Wednesday completed the first round of the negotiations on the Cambodia-UAE Comprehensive Economic Partnership Agreement (CAM-UAE CEPA) in Abu Dhabi City, according to a release by the Ministry of Commerce (MoC). ...

Kang Sothear
https://www.khmertimeskh.com/501176355/cambodia-uae-first-round-of-cepa-talks-completed/

Investment in food sector urged by PP governor

Khuong Sreng, Governor of Phnom Penh, called on investors to invest more in Phnom Penh, especially in the food sector, to boost the country’s economy. ...

Khmer Times Staff
https://www.khmertimeskh.com/501177393/investment-in-food-sector-urged-by-pp-governor/

Follow NBC official exchange rate, taxpayers told

The General Department of Tax (GDT) of the Ministry of Economy and Finance has asked tax payers to follow the official exchange rate issued by National Bank of Cambodia (NBC), in a move to strengthen tax collection efficiency. ...

Khmer Times Staff
https://www.khmertimeskh.com/501177006/follow-nbc-official-exchange-rate-taxpayers-told/

Cambodia needs $9.22 billion for next three-year public investment program

The Cambodian government on Friday approved the next three-year public investment program (2023-2025), which would require a total capital of $9.22 billion to implement 663 projects, government spokesperson Phay Siphan said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501176756/cambodia-needs-9-22-for-next-three-year-public-investment-program/

Cambodia stays on growth path, set to expand 6.6%

The Kingdom of Cambodia continues on its high growth path in the post-Covid pandemic scenario and is set to report robust growth this year as well as the next few years, according to the International Monetary Fund (IMF). ...

Prakash Jha
https://www.khmertimeskh.com/501177183/cambodia-stays-on-growth-path-set-to-expand-6-6/

Survey finds VAT issues as major concern

The Majority of participants in a survey conducted by the European Chamber of Commerce in Cambodia (EuroCham) have reported that they experienced issues with regard to Value Added Tax (VAT) that included non-issuance of refunds. ...

Manoj Mathew
https://www.khmertimeskh.com/501175671/survey-finds-vat-issues-as-major-concern/

GDT’s tax collection target for 2023 up by $750M

The General Department of Taxation (GDT) has been given a stiff tax collection target of $3.5 billion for next year, $750 million more than the current year’s budget target, said Kong Vibol, Minister attached to the Prime Minister and Delegate of the Royal Government in ...

Manoj Mathew
https://www.khmertimeskh.com/501175487/gdts-tax-collection-target-for-2023-up-by-750m/

India provides four mine-detection dogs to Cambodia

The Government of India has donated four mine-detection dogs and materials to the National Centre for Peacekeeping Forces, Mines and Explosive Remnants of War Clearance (NPMEC) for its humanitarian activities. ...

Khmer Times Staff
https://www.khmertimeskh.com/501176543/india-provides-four-mine-detection-dogs-to-cambodia/

Cambodian NA President: APPF plays key role in maintaining peace and stability

The Asia-Pacific Parliamentary Forum (APPF) has been playing a key role contributing to maintain peace, stability, progress and prosperity for the people in the region and around the world. ...

Khmer Times Staff
https://www.khmertimeskh.com/501176529/cambodian-na-president-appf-plays-key-role-in-maintaining-peace-and-stability/

Minister reaffirms government’s commitment to promote press freedom

Minister of Information Khieu Kanharith said the Royal Government of Cambodia (RGC) is always committed to improving the respect of press freedom and freedom of expression as enshrined in the Constitution of the Kingdom of Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501176536/minister-reaffirms-governments-commitment-to-promote-press-freedom/

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