Government
Domestic vanilla planting taking root
Agriculture brought the Kingdom $4.037 billion in exports alone during 2020. Products grown included cassava, mangoes, bananas and peppers among many other agro-products. However, farmers are now branching out to less common but more profitable crops – and vanilla is among them. ...
Jason Boken
https://www.khmertimeskh.com/50804869/domestic-vanilla-planting-taking-root/
Ministry studies how best to boost exports under China deal
At its Friday meeting on the study and formulation on the good use of trade agreements in promoting exports, the Ministry of Commerce announced research is currently under way on products to be imported and exported under the Cambodia China Free Trade Agreement (CC-FTA). One ...
Jason Boken
https://www.khmertimeskh.com/50804912/ministry-studies-how-best-to-boost-exports-under-china-deal/
Recovery to be driven by three principles
A senior official at the Ministry of Economy and Finance said the government’s driving principles to restore the economy post-COVID-19 from 2021-2023 will be strategic approaches towards survival, reform and resilience. ...
Sok Chan
https://www.khmertimeskh.com/50804674/recovery-to-be-driven-by-three-principles/
MoE on the lookout for biodiverse ecotourism spots
The Ministry of Environment and Tour Guides Association are working together to identify potential ecotourism spots in protected areas. ...
Sen David
https://www.khmertimeskh.com/50804348/moe-on-the-lookout-for-biodiverse-ecotourism-spots/
Kep province to become ‘relaxation and high-end tourist destination’
Four tourism poles and 251 development projects have been added to the newly completed master plan draft for tourism development in Kep province. It is slated for implementation through 2030. ...
Ministry revamps self-assessment tax regime classifications
The Ministry of Economy and Finance has issued a prakas (directive) for the classification of taxpayers doing business in the Kingdom currently under the existing self-assessment regime. ...
Sok Chan
https://www.khmertimeskh.com/50804495/ministry-revamps-self-assessment-tax-regime-classifications/
Japan to assist in Cambodian customs clearance automation
The Japanese government will assist the Cambodian General Department of Customs and Excise of Cambodia (GDCE) in setting up an automated customs clearance system that will speed up cargo clearance time, alleviating congestion problems that slow the process. ...
Jason Boken
https://www.khmertimeskh.com/50804464/japan-to-assist-in-cambodian-customs-clearance-automation/
Kingdom’s bicycle exports top $500M
Cambodia exported bicycles worth approximately $527 million to international markets last year, up 27 percent from 2019. This establishes Cambodia as the No1 country in ASEAN and No5 globally for bicycle exports, according to data from the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-bicycle-exports-top-500m
Cambodia and EU consult on development priorities
The drafts of European Development Cooperation Strategy for Cambodia, and the EU Multiannual Indicative Programme 2021-2027 have been discussed to align with the government’s development priorities. ...
Khmer Times Staff
https://www.khmertimeskh.com/50803600/cambodia-and-eu-consult-on-development-priorities/
Rubber production to receive multi-agency effort to improve
WWF-Cambodia and the General Department of Rubber at the Ministry of Agriculture, Forestry and Fisheries (MAFF) signed a memorandum of understanding (MoU) to build a multi-agency partnership for transparent and sustainable natural rubber supply chains in Cambodia. ...
Sok Chan
https://www.khmertimeskh.com/50803833/rubber-production-to-receive-multi-agency-effort-to-improve/
Tax inspections on vehicles to begin in early February
Tax officials in collaboration with sub-national authorities will begin tax inspections on all means of transportation and vehicles for 2020 throughout the country by early next month. ...
Mom Kunthear
https://www.phnompenhpost.com/national/tax-inspections-vehicles-begin-early-february
Civil servants’ expense stipends cut
Prime Minister Hun Sen on Tuesday issued a sub-decree on steps to reduce government spending for domestic and foreign missions for national and sub-national administrations due to COVID-19. It set the rules and procedures for implementation of the expense budget for civil servant missions to ...
Khann Chan Virak
https://www.khmertimeskh.com/50803609/civil-servants-expense-stipends-cut/
Japan helps strengthen community healthcare in Kampong Cham province
The Government of Japan has agreed to provide $182,035 to People’s Hope Japan (PHJ) under the framework, The Grant Assistance for Japanese NGO Projects. ...
NBC governor wins award
National Bank of Cambodia (NBC) governor Chea Chanto won Central Banker of the Year, Asia-Pacific award from premier financial magazine The Banker for his leadership in successfully navigating through a stormy 2020 during the Covid-19 crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-governor-wins-award
Two power plants in Kandal start their engines
The heavy fuel oil-fired power plants in Kandal province’s Lvea Em district have started their engines and are generating power to the national grid, according to the Ministry of Mines and Energy. ...
Chea Vanyuth
https://www.khmertimeskh.com/50803643/two-power-plants-in-kandal-start-their-engines/
Ministry of Commerce signs two development MoUs
The Ministry of Commerce (MoC) signed two memorandums of understanding (MoUs) – with the Cambodian BRB retail and product promotion consulting company and another with the Cambodian Coca-Cola Co. ...
Jason Boken
https://www.khmertimeskh.com/50803679/ministry-of-commerce-signs-two-development-mous/
Tax collection near $3B in 2020
The Minister of Economy and Finance’s General Department of Taxation (GDT) collected 11.70052 trillion riel ($2.87 billion) in tax revenue last year, up 423.20 billion riel or 3.73 per cent compared to 2019, it said in a January 11 press release. ...
Hin Pisei
https://www.phnompenhpost.com/business/tax-collection-near-3b-2020
Cambodia readies for EU meet on 7-year work plan
The Kingdom is set to host a consultative meeting with EU representatives and partners based in the country next month and prepare a 2021-2027 joint development cooperation plan that centres on market diversification, according to the Council for the Development of Cambodia (CDC). ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-readies-eu-meet-7-year-work-plan
Domestic vegetable production increases in 2020
The Ministry of Agriculture, Forestry, and Fisheries has announced that domestic vegetable production increased in 2020 thanks to government’s efforts to boost production chains. ...
Chea Vanyuth
https://www.khmertimeskh.com/50803232/domestic-vegetable-production-increases-in-2020/
ACU receives 20K asset declarations
The Anti-Corruption Unit (ACU) said it had received nearly 20,000 declarations of assets and liabilities from officials across all ministries and provincial administrations in a period of just 10 days, from January 1 to 10. ...
Nov Sivutha
https://www.phnompenhpost.com/national/acu-receives-20k-asset-declarations
Firm wins rights to ticket sales at Kirirom, Prek Toal
The Ministry of Environment awarded rights to ticket sales at Kirirom National Park and the Prek Toal bird sanctuary to locally-owned firm Lim Sok Cheng for 2021. Kirirom National Park covers 8,401ha in Kampong Speu province and is 44km from the provincial capital of the ...
Thou Vireak
https://www.phnompenhpost.com/business/firm-wins-rights-ticket-sales-kirirom-prek-toal
Ministry mulls ASEAN+3 travel bubble
The Ministry of Tourism plans to launch a travel bubble allowing transit between Cambodia and 12 other regional countries in a bid to resuscitate the tourism sector amid the crushing impact of the ongoing spread of Covid-19, Ministry of Tourism spokesman Top Sopheak told The ...
May Kunmakara
https://www.phnompenhpost.com/business/ministry-mulls-asean3-travel-bubble
Australia contributes over AUD$100 million for mine clearance in Cambodia in nearly 3 decades
Since 1994, Australia has contributed more than AUD100 million to demining activities in Cambodia, according to the Embassy of Australia in Phnom Penh. ...
Khmer Times Staff
https://www.khmertimeskh.com/50802766/australia-contributes-over-aud100-million-for-mine-clearance-in-cambodia-in-nearly-3-decades/
Ministry revises safe village-commune policy
An inter-ministerial meeting chaired by Minister of Interior Sar Kheng on January 8 revised the framework of the so-called safe village-commune policy and renamed it the safe village-commune-district policy. ...
Voun Dara
https://www.phnompenhpost.com/national/ministry-revises-safe-village-commune-policy