Government

Livelihood recovery project to help 10,000

The Ministry of Agriculture, Forestry and Fisheries and the UN Food and Agriculture Organisation (FAO) on February 16 signed an agreement to begin a project that will directly support 10,000 of the most vulnerable people affected by the economic fall-out from Covid-19 in Siem Reap ...

Mom Kunthear
https://www.phnompenhpost.com/national/livelihood-recovery-project-help-10000

$217 million collected through tax in January: PM

The General Department of Taxation (GDT) of Ministry of Economy and Finance earned 879 billion riels (approximately $217 million) from tax income in January this year. ...

Chea Vanyuth
https://www.khmertimeskh.com/50814324/217-million-collected-through-tax-in-january-pm/

Management of Cambodian local funds under transparency review

The Asia Foundation and Silaka with support from the New Zealand Ministry of Foreign Affairs and Trade this week launched a three-year project to promote the transparent and accountable management of local funds in Cambodia. ...

Sok Chan
https://www.khmertimeskh.com/50813450/management-of-cambodian-local-funds-under-transparency-review/

Trade with EAEU surges 18%

Bilateral trade between Cambodia and the Eurasian Economic Union (EAEU) was worth $67.37 million last year, marking an increase of 18.22 per cent compared to 2019’s $56.98 million, according to data from the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/trade-eaeu-surges-18

Vehicle import duty cuts proposed

Minister of Economy and Finance Aun Pornmoniroth has proposed an adjustment on vehicle import duty, to be effective from March 1, to revive the market and buttress the logistics sector after customs clearance revenue on vehicles fell by 40 percent in 2020 from a year ...

Thou Vireak
https://www.phnompenhpost.com/business/vehicle-import-duty-cuts-proposed

Path to high value-added aquaculture sector studied

A study has been undertaken to look at the upgrading of fishery businesses in Battambang and Kampong Chhnang provinces. Those upgrades could then be replicated in other provinces in the country. ...

Sok Chan
https://www.khmertimeskh.com/50811787/path-to-high-value-added-aquaculture-sector-studied/

Cambodia Post Bank authorised to collect taxes

Cambodia Post Bank Plc achieved another significant milestone on Monday after the General Department of Taxation of Cambodia allowed the financial institution to collect taxes. ...

Post Staff
https://www.phnompenhpost.com/business/cambodia-post-bank-authorised-collect-taxes

Large-scale farm survey released

The latest Cambodia Inter-censal Agriculture Survey 2019 (CIAS 2019) noted that 88 per cent of household agricultural holdings engaged in crop activity, while 75 per cent reported raising livestock, poultry or insects. ...

May Kunmakara
https://www.phnompenhpost.com/business/large-scale-farm-survey-released

Over 10,000 Cambodian products can be exported to China under CCFTA

Under the Cambodia-China Free Trade Agreement (CCFTA), Cambodia can export more than 10,000 items to China, which in turn could export over 8,000 items to Cambodia ...

Khmer Times Staff
https://www.khmertimeskh.com/50812421/over-10000-cambodian-products-can-be-exported-to-china-under-ccfta/

Kampot pepper strategy in pipeline

The Ministry of Commerce will collaborate with the Kampot Pepper Promotion Association (KPPA) to develop new strategic plans that build confidence in Kampot pepper and explore additional markets for the crop, one of Cambodia’s Geographical Indication (GI) products. ...

Hin Pisei
https://www.phnompenhpost.com/business/kampot-pepper-strategy-pipeline

Sihanoukville wastewater facility nearly complete

The Ministry of Public Works said on Saturday that the construction of a wastewater treatment plant in Sihanoukville is 93 percent complete. Minister of Public Works Sun Chanthol said during an inspection visit that the wastewater treatment plant will enhance the image of the coastal ...

Chea Vanyuth
https://www.khmertimeskh.com/50811473/sihanoukville-wastewater-facility-nearly-complete/

US ambassador meets with justice, foreign ministers to further cooperation

United States Ambassador Patrick Murphy met with Minister of Justice Keut Rith yesterday to discuss anti-human trafficking efforts, law enforcement cooperation and protecting freedoms granted in the Cambodian constitution. ...

Brian Badzmierowski
https://www.khmertimeskh.com/50810754/us-ambassador-meets-with-justice-foreign-ministers-to-further-cooperation/

Food Safety Law to be enacted in 2021: Commerce official

The Food Safety Law is making headway and expected to be enacted later this year, with industry insiders confident the legislation will lure more international investors, spark growth in the reeling tourism sector and chip in to national economic growth. ...

Hin Pisei
https://www.phnompenhpost.com/business/food-safety-law-be-enacted-2021-commerce-official

Forum to promote ‘Access to Finance for Women Entrepreneurs in COVID-19 Era’

The National Bank of Cambodia has collaborated with the United States Agency for International Development (USAID) through Pact Cambodia, Khmer Enterprise, Swisscontact and Good Return to organise the Entrepreneurship Ecosystem Forum on “Access to Finance for Women Entrepreneurs in COVID-19 Era”. ...

Sok Chan
https://www.khmertimeskh.com/50810949/forum-to-promote-access-to-finance-for-women-entrepreneurs-in-covid-19-era/

Helping SMEs to stand on their own two feet

Following the successful completion of two rounds of assistance packages to support small and medium-sized enterprises (SMEs) and startups during the COVID-19 pandemic, Khmer Enterprise will implement a third this year. ...

Sok Chan
https://www.khmertimeskh.com/50810982/helping-smes-to-stand-on-their-own-two-feet/

Oil revenue no short-term fix to economic growth: PM

Prime Minister Hun Sen has said that oil revenues will have less of an impact in the short term on the country’s overall economy than other traditional business sectors. His statement was made during a joint ceremony for the inauguration of  the Chamkar Mon Water ...

Tom Starkey
https://www.khmertimeskh.com/50809405/oil-revenue-no-short-term-fix-to-economic-growth-pm/

Kingdom’s free trade pact talks with South Korea concluded

Cambodia and South Korea have concluded their free trade agreement (FTA) negotiations and are now closer to the signing of a final pact later this year. ...

Chea Vanyuth
https://www.khmertimeskh.com/50810013/kingdoms-free-trade-pact-talks-with-south-korea-concluded/

Cambodia gets $28M Oz grant for Covid vaccines

The Australian government announced on February 1 that it has provided a grant of $28 million for the rollout of Covid-19 vaccines approved by World Health Organisation (WHO) for 1.5 million Cambodians. ...

Mom Kunthear
https://www.phnompenhpost.com/national/cambodia-gets-28m-oz-grant-covid-vaccines

Bakheng water treatment facility construction breaks ground

The groundbreaking ceremony of the water treatment facility in Bakheng, outskirt of Phnom Penh, takes place today, presided over by Prime Minister Hun Sen. The plant, designed and built by Vinci Construction Grands Projets, will have the capacity to supply drinking 195,000 cubic metres of ...

Chea Vanyuth
https://www.khmertimeskh.com/50809207/bakheng-water-treatment-facility-construction-breaks-ground/

Ministries urge safe handling of poultry to prevent bird flu spread

In preparation for the lunar new year this month, the Ministry of Health and the Ministry of Agriculture, Forestry and Fisheries have called for hygienic practices and sanitary inspections for the transportation of poultry and pigs to prevent the spread of any instances of bird ...

Mom Kunthear
https://www.phnompenhpost.com/national/ministries-urge-safe-handling-poultry-prevent-bird-flu-spread

Cambodia improves in Corruption Perceptions Index

Cambodia scored a 21 out of 100 on Transparency International’s (TI) Corruption Perceptions Index (CPI) for 2020, a one point improvement over last year’s score. ...

Brian Badzmierowski
https://www.khmertimeskh.com/50808341/cambodia-improves-in-corruption-perceptions-index/

Russian investment sought for oil sector

Cambodia has invited Russian investors to consider taking part in Cambodia’s oil sector. The invitation was made following Cambodia’s recent start of oil production in its maritime territory. ...

Chea Vanyuth
https://www.khmertimeskh.com/50808397/russian-investment-sought-for-oil-sector/

Ministry ‘bullish’ on prospects of recovery

The Kingdom’s real economic growth is expected to recover by 4 percent in 2021 following a contraction of 3.1 percent in 2020, according to a report from the Ministry of Economy and Finance (MEF). ...

Sok Chan
https://www.khmertimeskh.com/50807772/ministry-bullish-on-prospects-of-recovery/

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