News

State revenues from gold production top $15M

Cambodia has netted more than $15 million from gold production as of end-December, which has yielded over 5.3 tonnes of dore bars – a semi-finished product that is smelted at a mine, usually at about 90 per cent purity – since the first commercial gold ...

May Kunmakara
https://www.phnompenhpost.com/business/state-revenues-gold-production-top-15m

PM pats GDT chief on back after record tax revenues

Prime Minister has congratulated General Department of Taxation (GDT) chief Kong Vibol on a job well done after the agency last year collected revenues equivalent to 122.54 per cent of the target set by the annual financial management law, in the “highest surplus of all ...

May Kunmakara
https://www.phnompenhpost.com/business/pm-pats-gdt-chief-back-after-record-tax-revenues

Bassac sea-link to reach Kampot seaport: ministry

A key study on a proposed waterway link from the Bassac River to the sea in the Kampot-Kep region has been completed, the transport ministry reported, revealing plans for the project to connect to a “seaport” in Kampot province, igniting hopes for a solid pop ...

Hin Pisei
https://www.phnompenhpost.com/business/bassac-sea-link-reach-kampot-seaport-ministry

Trade bodies CBC, IDI team up

The Bangkok-based Cambodia Business Council (CBC) and local Innovation and Development Investors Association (IDI) have joined forces to engage with and attract more investors as well as to improve Cambodian exports regionally and globally. ...

May Kunmakara
https://www.phnompenhpost.com/business/trade-bodies-cbc-idi-team

Ten new factory approvals means ‘over 20K’ more jobs

The Council for the Development of Cambodia (CDC) notices issued in January reveal that it has greenlit 10 new projects worth nearly $100 million, all in the manufacturing industry: eight involved in textiles and two in light bulbs. ...

Hin Pisei
https://www.phnompenhpost.com/business/ten-new-factory-approvals-means-over-20k-more-jobs

Electricite Du Cambodge Gets 70 Hectares of Boeng Tamok

The government continued the trend of giving state institutions and private individuals tracts of land on Phnom Penh’s Boeng Tamok lake, handing over 70 hectares to state utilities supplier Electricite du Cambodge. ...

Seoung Nimol
https://vodenglish.news/electricite-du-cambodge-gets-70-hectares-of-boeng-tamok/

Local, Finnish Red Crosses set to assist four provinces

The Cambodian Red Cross (CRC) has signed an agreement with the Finnish Red Cross (FRC) on a programme to promote humanitarian and community health activities in four provinces. ...

Yuth Vireak
https://www.phnompenhpost.com/national/local-finnish-red-crosses-set-assist-four-provinces

India, Cambodia mark 70 years with 70 trees

Indian and Cambodian officials on January 30 planted 70 trees at Jayavarman-Norodom Phnom Kulen National Park in Siem Reap, in a ceremony held to commemorate the 70th anniversary of diplomatic relations between the two nations and to inspire people to care for the forest. ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/india-cambodia-mark-70-years-70-trees

Action plan set to safeguard Tonle Sap Lake

An inter-ministerial committee tasked with combating fisheries crimes at Tonle Sap Lake has issued a five-point action plan designed to preserve it as a natural resource for long-term public interests. ...

Rann Reuy
https://www.phnompenhpost.com/national/action-plan-set-safeguard-tonle-sap-lake

A grade grads meeting PM

The Ministry of Education, Youth, and Sport said the more than 1,000 students who earned A grades in last year’s high school examinations are set for their February 2 meeting with Prime Minister Hun Sen. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/grade-grads-meeting-pm

Ministry reminds rubber plantations on fire prevention

The Ministry of Agriculture, Forestry and Fisheries’ General Directorate of Rubber (GDR) issued four-point fire prevention guidelines to rubber plantation owners, as the autumn sees the trees shedding their leaves. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/ministry-reminds-rubber-plantations-fire-prevention

Private educational institutions get tax exemptions for another five years

Prime Minister Hun Sen has decided not to collect taxes from private educational institutions for another five years, from 2024 to 2028. ...

Khmer Times Staff
https://www.khmertimeskh.com/501230920/private-educational-institutions-get-tax-exemptions-for-another-five-years/

Cambodia eyes exporting 1 million tons milled rice by 2025

The Cambodia Rice Federation has set an ambitious goal to export at least a million tons of milled rice by 2025, an over 50 percent increase compared to the export figure in 2022. ...

Chea Vanyuth
https://www.khmertimeskh.com/501230991/cambodia-eyes-exporting-1-million-tons-milled-rice-by-2025/

MPTC launches online domain name with .kh

The Ministry of Posts and Telecommunications (MPTC) has launched online registration of domain name with the official extension .kh to increase the efficiency and effectiveness for individuals and institutions to develop their websites that would be used to communicate with customers and the public through the ...

Kang Sothear
https://www.khmertimeskh.com/501231241/mptc-launches-online-domain-name-with-kh/

Gov’t to launch informal economic policy this year

The Royal Government of Cambodia (RGC) is set to prepare and launch the informal economy policy before the end of 2023 to develop and upgrade the informal sector in a management system under the formal economy, said a top official of the Ministry of Economy ...

Kang Sothear
https://www.khmertimeskh.com/501230999/govt-to-launch-informal-economic-policy-this-year/

PM appreciates GDT for increased tax collection

Prime Minister Hun Sen lauded the General Department of Taxation (GDT) for its efforts in collecting tax revenue that exceeded the budget plan in 2022, adding that the increased tax revenue contributed to the national economic development. ...

Chea Vanyuth
https://www.khmertimeskh.com/501230997/pm-appreciates-gdt-for-increased-tax-collection/

More rangers deployed to protect Mekong River dolphins

The Kratie provincial authorities have deployed more than 44 rangers with 11 patrol stations along the Mekong River in order to protect the Dolphin Conservation Area. ...

Tith Kongnov
https://www.khmertimeskh.com/501230996/more-rangers-deployed-to-protect-mekong-river-dolphins/

$3.4b collected in taxes in 2022

A total of $3.4 billion was collected in taxes in 2022, marking a 23.96 percent increase from 2021. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-34b-collected-in-taxes-in-2022

Cambodia’s increasing business registration reflects economic recovery

The Ministry of Commerce registered 10,701 new companies and enterprises in 2022, up 40 percent from 2021, reflecting Cambodia’s post pandemic economic recovery, said a report of the Ministry of Commerce released earlier this week. ...

Khmer Times Staff
https://www.khmertimeskh.com/501231414/cambodias-increasing-business-registration-reflects-economic-recovery/

Cambodia, Laos, Myanmar and Vietnam to grow stronger this year, says Thai bank

The Economic Intelligence Centre of the Siam Commercial Bank forecasts the CLMV countries, namely Cambodia, Laos, Myanmar and Vietnam, will gain a stronger growth momentum in 2023, but remain below its growth potential prior to the COVID-19 outbreaks. ...

Khmer Times Staff
https://www.khmertimeskh.com/501231435/cambodia-laos-myanmar-and-vietnam-to-grow-stronger-this-year-says-thai-bank/

Ho Chi Minh City, Cambodia’s localities boost cooperation

Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai on January 31 received Cambodian Consul General in the city Sok Dareth who came to bid farewell at the end of his tenure. ...

Khmer Times Staff
https://www.khmertimeskh.com/501231400/ho-chi-minh-city-cambodias-localities-boost-cooperation/

DPM Prak Sokhonn to attend first major gathering of ASEAN Foreign Ministers in 2023 in Jakarta Friday

Prak Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation, will lead a delegation to attend the 32nd ASEAN Coordinating Council (ACC) and ASEAN Foreign Ministers’ (AMM) Retreat, which will be held on Feb. 3 in Jakarta, at the invitation of Mrs Retno ...

Khmer Times Staff
https://www.khmertimeskh.com/501231407/dpm-prak-sokhonn-to-attend-first-major-gathering-of-asean-foreign-ministers-in-2023-in-jakarta-friday/

Action plan set to safeguard Tonle Sap Lake

An inter-ministerial committee tasked with combating fisheries crimes at Tonle Sap Lake has issued a five-point action plan designed to preserve it as a natural resource for long-term public interests. The committee, led by Minister of Agriculture, Forestry and Fisheries Dith Tina, finalised the plan during ...

Rann Reuy
https://www.phnompenhpost.com/national/action-plan-set-safeguard-tonle-sap-lake

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