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 ...
Cambodia’s first semester rubber exports amount to $215 million
Cambodia exported 135,137 tonnes of rubber in the first half of 2022, a 3 percent increase compared to the same period last year, earning $215 million as revenue, up 2.9 percent. ...
Khmer Times Staff
Personalised plates net more than $70 million
At least 200 people joined the “Run for Environment, Nature, and Health” event in Mondulkiri province’s Sen Monorom town on March 26. Sen Monorom is one of the towns that recently received an ASEAN Environmental Sustainability Cities award, according to Ministry of Environment spokesman Neth ...
International tourism revenue declines 82%
Cambodia booked just $184 million in international tourism revenue last year, marking an 82 per cent nosedive from $1.023 billion in 2020, as the Covid-19 pandemic curtailed travel throughout the world. ...
Cambodia tax revenue exceeds target by 24 percent to reach $2.78 billion, says PM
The Cambodian government got $5.07 billion in revenue from tax and customs in 2021, Prime Minister Hun Sen said on Monday. ...
Khmer Times Staff
The Ministry of Land Management records more than $115 million in annual revenue
The Ministry of Land Management, Urban Planning and Construction collected more than 472 billion riels (approx. more than $115 million) in revenue to add to the national budget. ...
Khmer Times Staff
Government approves budget bill for 2022
The Cambodian government approved a draft budget bill of 32,576.9 trillion riels (approximately $8.013 billion) for its expenditure for 2022, with national revenue set at 23,462.6 trillion riels (approximately $5.771 billion). ...
Tax changes are part of efforts to maintain govt revenue, experts say
The government is putting more pressure on Cambodia’s small and medium-sized enterprises (SMEs) to register with the Commerce Ministry and the Tax Department. It wants them to go legitimate in order to protect consumers and make sure it doesn’t miss out on revenue. ...
Cambodian customs department nets $1.52 billion in eight months
The General Department of Customs and Excise earned $1.5 billion as revenue in the first eight months this year, representing 64.2 percent of yearly plan. ...
Khmer Times Staff
How governments can protect people and earn more revenue
The Covid-19 outbreak has put families, the economy and the country under tremendous pressure. Protecting public health to save lives is more important and urgent than ever. ...
Revenue from customs and excise to feel impact of Covid-19 outbreak, GDCE says
The General Department of Customs and Excise (GDCE) said its 2020 revenue will take a hit from the outbreak of the novel coronavirus in China. The department is unlikely to meet revenue goals for 2020 as import-export activity in the Kingdom slows down due to the ...
Revenue, visitors at Angkor temples down again
Visitors to the world-famous Angkor Archaeological Park, Cambodia’s most important tourist draw, were down significantly during the first eleven months of the year. According to the latest report from Angkor Enterprise, who manages ticket sales at the temple complex, from January to November, revenue from ...
Angkor hosts 2.6M visitors
The Angkor Archaeological Park welcomed nearly 2.6 million international visitors last year, generating more than $100 million in revenue, a statement from the state-run Angkor Enterprise released on Tuesday said. ...
Phnom Penh port’s revenue up 14 percent
Following robust growth in cargo shipments, total revenue for state-owned Phnom Penh Autonomous Port (PPAP), the second largest harbor in Cambodia, increased by 14 percent in 2017, according to the Ministry of Public Works and Transport. ...
Revenue for Ministry of Land on the increase
In 2017, the Ministry of Land Management, Urban Planning and Construction (MLMUPC) collected about 371 billion riel (about $ 92 million) in revenue last year, according to a report from the ministry. The income from taxes on property transfers alone collected by the General Department ...
Water utility says order to drop rates will not dilute its revenues
Prime Minister Hun Sen’s order for the capital’s water supplier to lower its rates and compensate customers for charges incurred under a new payment scheme introduced in May will not have a significant impact on the company’s revenue or growth plans, a finance officer at ...
Angkor Wat, temples earning more revenue
In the first half of 2017, revenue totals reached $52.1 million, a 67-percent rise compared with the first six months of 2016. Tourist arrivals to the park also rose by 13 percent, according to a recent report released by Angkor Enterprise. ...
Cambodia tweaks trip estimate
Cambodia’s Ministry of Tourism has revised tourist travel arrivals from 3.8 million to 4.2 million by year-end. Tourism Minister Thong Khon told local media, earlier this week, that the adjustment was based on a January to April’s performance with 1.5 million trips. “Earlier, we forecast 3.8 million, ...
Cambodia's insurance revenues rise by 30 pct in Q1
Cambodia’s insurance industry earned a total premium of 12 million U.S. dollars in the first three months of 2013, up 30 percent compared with the same period last year, according to the industry’s report released Wednesday. The main sources of the premium were from fire insurance ...
ACU to act on Telecom claims
The president of the group responsible for rooting out government graft said yesterday that his investigators will look into allegations of corruption filed by state-owned Telecom Cambodia (TC) employees against the director-general of the company, Lao Saroeun. Anti-Corruption Unit (ACU) President Om Yentieng told reporters after ...