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Articles by Kun Kourchettana
GDT sees over $1.5B through August
Cambodia's General Department of Taxation (GDT) collected more than $1.5 billion in revenue during the first eight months this year, an increase of 12 per cent compared to the same period last year, the department’s report said. Released on Monday, the document summed up tax revenue results issued during an official meeting last month. Revenue was up by $168 million or some 12.5 per cent year-on-year.
Air China plans for Beijing-PP direct flight
Air China has announced plans for a new direct flight linking Phnom Penh and Beijing, a statement on the Facebook page of the State Secretariat of Civil Aviation said. The new route was confirmed during a meeting between representatives of the airline and aviation officials on Tuesday. The inaugural flight is set to take off sometime in early November. Air China says it plans to run three flights a week between the two countries’ capitals using an Airbus A320 aircraft.
Company set to launch Koompi, Kingdom’s first domestic laptop
Computers have always been expensive in the Kingdom as no foreign company has ever manufactured them domestically. One local entrepreneur is trying to change the game, however, by developing computers in the Kingdom. The Post’s Kun Kourchettana sat down with Thul Rithy to discuss SmallWorld, the company he co-founded, as well as its “Koompi” project which seeks to make affordable, high-quality devices in the country. Can you briefly describe the history of this computer project?
Over $6B exported in first half: Ministry of Commerce
The Kingdom’s total exports under the Generalised System of Preferences (GSP) during the first half of this year accounted $6.2 billion from $5.3 billion in the same period last year. This is a 15 per cent increase, with most products destined for the European Union (EU), said data from the Ministry of Commerce. Seang Thay, a Ministry of Commerce spokesman, said attractive investment policies and an influx of investors were driving production growth and, in turn, exports.
Six years on, CSX beginning to see dividends from their work
The Cambodia Securities Exchange (CSX) is beginning to see the fruits of its six years in business, after a slow start in attracting companies to list on the fledgeling bourse. Since launching in 2012, CSX has attracted five companies, and this year it has seen some exciting developments, with the introduction of a trading app and record activity late last month. CSX’s Listing and Disclosure Department director Lamun Soleil said raising awareness about the market is key to their continued success.
Kingdom urged to self-promote
During an Asean-Anhui media tour in China’s Anhui province, The Post’s Kun Kourchettana sat down with Vithit Powattanasuk, director of the Information and Public Relations division of Beijing’s Asean-China Center (ACC), to talk about the importance of media and how Cambodia can benefit from closer ties between Asean and China. What is the ACC and what role does it play in media? The ACC is an organisation founded by 11 countries of Asean and China in 2009.
Chinese province seeks closer Asean region ties
Bilateral trade between China’s Anhui province and the 10 member states of Asean reached $2.05 billion in the first four months – up 24 percent compared with the same period last year, according to figures from the Chinese province.
Recall of Lactalis baby formula hits Kingdom
France’s Lactalis, the largest dairy group in the world, started a global recall of potentially contaminated infant formula earlier this week, with the exclusive Cambodian distributor of the product claiming that as of yesterday approximately 900 cans were likely still in circulation within the Kingdom. Lactalis officially began the global recall on Wednesday after French authorities identified 26 cases of children falling sick in France due to salmonella contamination.
Bangladesh PM and Hun Sen sign 10 deals
Cambodia and Bangladesh made a fresh push today to revive bilateral trade initiatives, with the two leaders of the countries signing nine memorandums of understanding (MoUs) and one agreement in support of trade, economy, investment and technical cooperation initiatives. The 10 deals are expected to enhance bilateral ties and strengthen economic cooperation between the two developing countries.
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