Even as some companies are planning to install EV charging stations across the country, the Minister of Public Works and Transport (MPWT) has urged investors in the private sector to invest in the establishment of electrical vehicle assembly plants, said a release by the ministry earlier this week.
02nd December 2022
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The Council for the Development of Cambodia (CDC) approved 52 fixed asset investment projects worth over $460 million in the third quarter of 2022, up 10.6 percent as compared to the same period last year.
29th November 2022
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2022.11.25-Yuanta_Daily-Market-Update_-1669361550.pdf
24th November 2022
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The quarterly data of securities market operations shows that the trading value and volume in Cambodia's stock exchange decreased in the third quarter of this year compared to the previous period as the market has been negatively affected by the slowdown of the economy, low market liquidity, according to the top official of the country's regulator.
21st November 2022
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he General Department of Taxation (GTD) has collected more than $2.94 billion of tax revenue for the first 10 months of this year, which passes the amount set in the budget law 2022 and increases 26.96 percent compared to the same period last year, according to a press release by GDT on Tuesday.
17th November 2022
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The volume of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) totalled $2.069 billion in the first 10 months of 2022, marking a 17.09 per cent rise year-on-year from $1.767 billion, according to statistics posted by the operator at the weekend.
16th November 2022
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ARTRONIQ Bhd's wholly owned subsidiary, EA Global Integrated Sdn Bhd, has entered into a letter of intent to provide services and consultation to Cambodia's Panda Commercial Bank PLC in the research and development of blockchain financial services.
15th November 2022
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During the ASEAN Business and Investment Summit 2022, Binance, the world's leading blockchain ecosystem provider, and Royal Group of Companies (Royal Group) entered into a Joint Venture Agreement to solidify its partnership in Cambodia to propel the nation into an era of Web3 solutions --on the back of the MOU which was signed earlier this year -- subject to regulatory approvals. The Agreement signing ceremony today in Cambodian Capital, Phnom Penh, was presided over by H.E. SOU Socheat, Delegate of the Royal Government in charge as Director General of Securities and Exchange Regulator of Cambodia. In the Joint Venture Agreement signed today, both parties have agreed to explore possibilities of creating solutions and platforms based on Web3 applications and use the technological know-how and blockchain platform capability of Binance to help nurture economic growth targeted at specific segments of society. Today, with the help of technology, the world has shrunk into mobile phones users hold in their palms while expanding the horizons for trade, inclusive growth, and an open economy. The Royal Group of Companies and Binance share a common vision of using technology to drive inclusive growth for everybody -- irrespective of their socio-economic status, gender, geography or age -- and are expecting this Joint Venture to lead that change in Cambodia. (Source: Khmer Times)
14th November 2022
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The Manila-based Asian Development Bank (ADB) has approved a $70-million loan to Cambodia to support government efforts to deepen reforms in upper secondary science, technology, engineering, and mathematics (STEM) education across the country, the lender said in a press statement on Monday...
10th November 2022
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Lauding the Regional Comprehensive Economic Partnership (RCEP), Cambodian Prime Minister Hun Sen said it has strengthened the global value chains and protected the multilateral free trade system...
03rd November 2022
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