Cambodia Morning News For January 24

Cambodia Revenues Approximately $2 Billion through Tariff Collection
In 2017, Cambodia received approximately $2 billion of tariff revenue, according Kun Nhim, Director General of General Department of Customs and Excise of Cambodia.
— Fresh News

Cambodia Urged To Focus On Good Corporate Governance
With the country’s economy expanding at break-neck velocity, the time has come for Cambodia’s private sectors and regulators to get serious about corporate governance to help sustain that impressive economic growth, government officials and economic experts agreed yesterday.
— B2B Cambodia

Hun Sen seeks to bolster trade at India-Asean meet
Prime Minister Hun Sen departs today for the India-Asean Summit hosted in New Delhi, aiming to boost cooperation and expand a historically minor trade relationship with the world’s seventh largest economy.
— The Phnom Penh Post

Cambodia may be pressed by new EU palm oil regulations
New proposed rules from the European Union restricting the import of palm oil would likely affect Cambodia’s nascent palm oil sector, but the country’s main exporter is hoping that demand from India and China will cushion the blow.
— The Phnom Penh Post

Cambodia Profits $300 Million from Rubber Exports
Over the past 12 months of 2017, Cambodia exported 200,000 tons of rubber, profited up to $300 million, according to the official report of the General Department of Rubber, Ministry of Agriculture, Forestry and Fisheries on Tuesday.
— Fresh News

Government links up with Japan to strengthen ICT sector
The Ministry of Posts and Telecommunications launched a human resources development program yesterday with the Japanese government to strengthen the quality of instruction and professionalism in Cambodia’s information and communication technology industry.
— The Phnom Penh Post

How to use the tax treaty with Cambodia
The new double-taxation agreement between Thailand and Cambodia officially took effect on Jan 1 for withholding tax and corporate income tax.
— Bangkok Post

Rainsy’s Cambodia National Rescue Movement labelled ‘terrorists’
A high-ranking security official yesterday – without offering evidence – labelled the Sam Rainsy-created Cambodia National Rescue Movement a “terrorist” organisation, with the nation’s highest-ranking defence official warning that the military would “take action first” to prevent violence.
— The Phnom Penh Post

Train track to Cambodian border completed
Refurbishing of the train track from Aranyaprathet to the border is now completed, but the planned reopening of the rail link between Thailand and Cambodia will not happen soon.
— Bangkok Post

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