Government

TV goes digital by 2023, paving way for 5G

The government on December 28 held an inter-ministerial meeting to discuss setting up a digital television platform as part of the Kingdom’s shift away from analogue. Held at the Ministry of Economy and Finance, the meeting discussed the would-be platform operator’s models of management and ...

Hin Pisei
https://www.phnompenhpost.com/business/tv-goes-digital-2023-paving-way-5g

NBC conference discusses growth models for economic development

The seventh annual NBC Macroeconomic Conference 2020 commenced yesterday under the theme of  “Discussion of  Cambodia’s Economic Development Models”.  It is being held virtually and will conclude on the morning of Dec 29. ...

Sok Chan
https://www.khmertimeskh.com/50798180/nbc-conference-discusses-growth-models-for-economic-development/

Historic day for the nation as Apsara oil is now flowing

Mr Hun Sen considers Cambodia’s first drop of oil as a blessing to the Cambodian nation. The revenue raised from this oil production will be used for two priority areas: education and health. ...

Sok Chan
https://www.khmertimeskh.com/50798561/historic-day-for-the-nation-as-apsara-oil-is-now-flowing/

Forestry crimes on the rise

The Ministry of Environment on December 28 issued a report detailing crackdowns on illegal activities in protected natural areas and biodiversity conservation corridors. ...

Voun Dara
https://www.phnompenhpost.com/national/forestry-crimes-rise

Crackdown on IDPoor eligibility

The Minister of Interior Sar Kheng has urged capital-provincial governors to strengthen the identification process for IDPoor-eligible families, to make sure that only those who really need it, receive it. ...

Khann Chanvirak
http://khmertimeskh.com/50798105/crackdown-on-idpoor-eligibility/

Tourism recovery roadmap drafted

The Ministry of Tourism has drafted a strategy to serve as its roadmap to rehabilitate and promote the tourism industry during and after the Covid-19 crisis. A meeting between the National Tourism Development Committee and relevant stakeholders on December 24 agreed to divide the 2020-2025 ...

Hin Pisei
https://www.phnompenhpost.com/business/tourism-recovery-roadmap-drafted

Cambodia adopts ASEAN service for customs clearance

Cambodian importers and exporters can now apply for ASEAN Customs Declaration Documents (ACDD) electronically through the ASEAN Single Window (ASW), the General Department of Customs and Excise of Cambodia (GDCE) said on December 24. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-adopts-asean-service-customs-clearance

400MW fuel oil power plant in east Kandal all set to go online

A $380 million 400MW heavy fuel oil power facility in Kandal province’s eastern Lvea Em district has been completed, and on reserve to generate electricity when demand reaches a high enough level, according to a senior official at the Ministry of Mines and Energy. ...

Thou Vireak
https://www.phnompenhpost.com/business/400mw-fuel-oil-power-plant-east-kandal-all-set-go-online

Cambodia reviews trading policy and strategy

The Ministry of Commerce has begun the review of the policy and strategy for Free Trade Agreement (FTA) to optimise its benefits both for Cambodia and concerned parties. ...

So Sophavy/AKP
https://www.khmertimeskh.com/50798268/cambodia-reviews-trading-policy-and-strategy/

Cambodia requests Japanese support for agricultural product processing

Minister of Agriculture, Forestry and Fisheries Veng Sakhon has requested the Japanese government, through the Japan International Cooperation Agency (JICA), to consider projects to support Cambodia’s agricultural product processing. ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50798277/cambodia-requests-japanese-support-for-agricultural-product-processing/

Senate president calls for Korean investment

Cambodian Senate president Say Chhum called for increased South Korean investment and tourism in the Kingdom as bilateral ties between the two countries have gradually strengthened. ...

May Kunmakara
https://www.phnompenhpost.com/business/senate-president-calls-korean-investment

Ministry works on plan to win in trade

Ministry of Commerce officials are combing over a list of nine products, commodities, services and incentives to develop a trade strategy that maximises the benefits of the newly-inked free trade agreement (FTA) with China. ...

Hin Pisei
https://www.phnompenhpost.com/business/ministry-works-plan-win-trade

EDF outlines support to growing local entrepreneurial ecosystem

The Entrepreneurship Development Fund  (EDF) Board of Trustees convened last week to review some of EDF’s notable achievements in 2020 in supporting Cambodia’s growing entrepreneurial ecosystem. ...

Harrison White
https://www.khmertimeskh.com/50797899/edf-outlines-support-to-growing-local-entrepreneurial-ecosystem/

Tax cuts and exemptions extended

Tax cuts and exemptions will be extended to help companies and unemployed workers better weather the ongoing effects of the COVID-19 pandemic, according a statement issued last week by the government. ...

Jason Boken
https://www.khmertimeskh.com/50797743/tax-cuts-and-exemptions-extended-2/

Digital services tax levy under study

The Ministry of Economy and Finance, Ministry of Commerce and Ministry of Post and Telecommunications held a joint meeting last week to discuss the potential collection of a digital services tax. ...

Jason Boken
https://www.khmertimeskh.com/50797802/digital-services-tax-levy-under-study-2/

Five officials under fire for land grabs

A judge, a deputy prosecutor, two high-ranking-military officials and a district land management official have had a complaint filed against them for alleged corruption, abuse of power and grabbing six hectares of land in Oddar Meanchey province in 2016. ...

Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50797742/five-officials-under-fire-for-land-grabs/

A floating community in Siem Reap adopting plastic free approach to combat pollution

A floating community in Tonle Sap Lake in Keo Por commune, Puok district of Siem Reap province is aware of environmental impact caused by plastic wastes – thanks to their participation in a campaign to clear the lake from plastic. ...

Lim Nary/AKP
https://www.khmertimeskh.com/50797225/a-floating-community-in-siem-reap-adopting-plastic-free-approach-to-combat-pollution/

Sar Kheng urged to look into NSSF graft claims

Around 200 people, including medical staff, officials and locals from Prey Veng province’s Preah Sdech district, have submitted their petition to Minister of Interior Sar Kheng requesting legal action against Operational Health District of Preah Sdach director You Sy Le for allegedly embezzling National Social ...

Long Kimmarita
https://www.phnompenhpost.com/national/sar-kheng-urged-look-nssf-graft-claims

Sino-Cambodian ties deeper-rooted after joint COVID-19 fight, bilateral FTA signing

China-Cambodia ties have been deeper-rooted in 2020 after the two countries have worked together closely to combat the COVID-19 pandemic and have signed the bilateral free trade agreement, say Cambodian officials and academics. ...

Mao Pengfei, Nguon Sovan/Xinhua
https://www.khmertimeskh.com/50797241/sino-cambodian-ties-deeper-rooted-after-joint-covid-19-fight-bilateral-fta-signing/

Top six agro-industrial crops net Kingdom $2.32B in 2020

Cambodia exported 8.55 million tonnes of its six most profitable agro-industrial crops, through formal and informal channels, worth more than $2.32 billion this year as of December 15, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon. ...

Thou Vireak
https://www.phnompenhpost.com/business/top-six-agro-industrial-crops-net-kingdom-232b-2020

Two firms get priority rights to mines

The Ministry of Mines and Energy has given the nod to two companies to continue their exploration licence approval processes for some 207sq km of gold-polymetallic mining areas in Tbong Khmum and Ratanakkiri provinces. The areas are 107.10sq km in the Memot area in Tbong ...

Hin Pisei
https://www.phnompenhpost.com/business/two-firms-get-priority-rights-mines

Cambodia Australia consumer care plan

The Cambodia-Australia Consumer Protection Partnership will launch in 2021 with Australia having agreed to station a consumer protection technical official in the Kingdom following a request by the Ministry of Commerce. This will allow the sharing of expertise and experience towards the enhancement of work ...

Harrison White
https://www.khmertimeskh.com/50797232/cambodia-australia-consumer-care-plan/

Stamp duty tax exemption extended for another year

The government has decided to extend the stamp duty tax exemption deadline for property worth less than $70,000 from January to December 2021. The official announcement, released this week, is intended to boost the economy by encouraging more property transactions.  In its announcement, the government ...

Jason Boken
https://www.khmertimeskh.com/50797156/stamp-duty-tax-exemption-extended-for-another-year/

PM orders authorities to execute well the fourth round of cash relief programme

Hun Sen, Prime Minister of the Kingdom of Cambodia, once again ordered local authorities and all stakeholders to carry out the fourth round of cash relief programme in a proper, precise, transparent, accountable and fair manner. ...

Phen Rattanak/AKP
https://www.khmertimeskh.com/50796833/pm-orders-authorities-to-execute-well-the-fourth-round-of-cash-relief-programme/

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