Kiripost

Cambodia’s General Department of Taxation (GDT) collected $20.91 million in value-added tax (VAT) on e-commerce transactions in the first quarter of 2023. ...

The Coalition of Cambodia Farmers Community said on Thursday that the recent shutdown of 104 rural credit institutions that provided loans to farmers will not affect their livelihoods, saying that past interest rates were high. ...

Increasing inflation and a reduced labour force are just two of the challenges Cambodia’s agriculture sector faces today, according to the head of EuroCham’s Agriculture Committee. ...

The National Assembly on Wednesday passed a new law on taxation that has been in draft for years, as part of efforts to bolster the government’s tax collection process. ...

The Council for the Development of Cambodia (CDC) has approved two investment projects worth nearly $40 million to develop two islands in Koh Kong and Preah Sihanouk provinces. ...

Due to the slower global economic recovery and conflicts between Russia and Ukraine, the government has issued guidelines aimed at maintaining the stability of the construction and real estate sector, considered a priority sector to support overall economic growth in Cambodia. ...

The National Bank of Cambodia (NBC) and NPCI International Payments Limited (NIPL) have signed a Memorandum of Understanding (MOU) to promote cross-border payments and remittances between Cambodia and India. ...

The Cambodian government has adopted a new strategy for the garment, footwear and travel goods (GFT) sector that focuses on strengthening human resources, improving working conditions, promoting investment in high-value industries, and attracting investment in supportive industries. ...

Commerce Minister, Pan Sorasak, said on Tuesday that a border trade agreement with neighbouring Vietnam will bring mutual benefits, improving people’s living conditions along the border and creating favourable trade conditions. ...

Cambodia’s exports declined by 5.7 percent in the first quarter of 2023, with the value of goods exported standing at $5.4 billion compared with $5.8 billion in 2022, according to data released by the General Department of Customs and Excise. . ...

About 90 percent of hotel and guesthouse rooms in Siem Reap province are booked during the upcoming Khmer New Year, during the 10-year anniversary of the Angkor Sangkranta festival. ...

As Cambodia prepares to host this year’s Mekong Tourism Forum (MTF) in Sihanoukville, Minister of Tourism, Thong Khon, has unveiled Cambodia’s targets for tourism, aviation expansion plans, and encouraging tourists to explore beyond the hubs of Siem Reap and Phnom Penh. ...

Prime Minister Hun Sen has urged Cambodia Okhna Association to strengthen its solidarity to assist society and charity works, while accepting the position of Honorary President. ...

The Ministry of Health on Monday advised citizens to adhere to precautions to stay safe during the summer heat, urging people to drink water to stay hydrated and avoid consuming alcohol. ...

Five large-scale solar and hydropower plant projects have been given the green light, providing Cambodia with an additional 520 MW of energy. ...

Private sector investment is being sought for a $55 million project to develop sustainable eco-tourism in the Cardamom Mountains and Tonle Sap area. ...

USAID has launched a campaign in Siem Reap that aims to support young children to thrive and reach their full developmental potential by promoting nurturing care from male and female caregivers. ...

The Young Entrepreneurs Association of Cambodia has signed an MoU with four major institutions to further develop the nation’s small and medium enterprises ...

A rise in alcohol consumption has triggered concerns over young teenagers, with organization urging the government to ban beer advertisements to curb the problem. ...

Cambodia’s Power Development Plan 2022-2040 outlines plans to boost the nation’s network, inject more renewable energies into the grid, push energy efficiency measures and deliver affordable and reliable electricity ...

Ratanakiri provincial officials have appealed to foreign investors to build a new airport on a 1,400-hectare plot of land in Lumphat district to attract tourism ...

Cambodia’s economy is forecast to grow at 5.5 percent in 2023 and 6 percent in 2024, due to a stronger tourist rebound and faster growth in the services sector, according to a report by Asian Development Bank (ADB). ...

Phnom Penh Water Supply Authority (PPWSA) on Friday appealed to the population and businesses not to waste water as the capital city and Takhmau town face a shortage of water. ...

The National Social Security Fund (NSSF) is rolling out a pilot of its Social Health Insurance scheme for tuk-tuk drivers in the capital in April as part of a move to extend social security coverage to the nation’s informal workers. ...