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Announcement: Circular on the flood preparedness and response

On 04 September 2019, the Royal Government of Cambodia issued a Circular to advise the relevant ministries, institutions and local authorities to take necessary measures to prepare for the upcoming flood, which caused by Kajiki storm, to minimize the hardships and damage to the citizen’s ...

Royal Government of Cambodia

Cashew Prices Down 40% as Demand sinks

New limitations on Vietnamese exports of processed cashews and slowing demand on the international markets is expected to decrease the price of raw cashews by roughly 40 percent this year, sparking concerns among Cambodian farmers, who are now midway through the harvest season, traders and ...

Hu pledges millions in aid

A weekend meeting between Chinese President Hu Jintao and Prime Minister Hun Sen concluded with millions in loans and aid agreed to and a clear message: neither nation is in a rush to deal with the prickly South China Sea dispute. At the Saturday one on ...

http://www.phnompenhpost.com/index.php/2012040255376/National-news/hu-pledges-millions-in-aid.html

Angkor Golf Resort signs MoU with Tourism Malaysia

Malaysia tourism and travel agency officials have signed a memorandum of understanding at the Angkor Golf Resort in Siem Reap to boost golf tourism in Malaysia and Cambodia. Signatories to the MoU were Sao Ratha, marketing manager of Tourism Malaysia; Ng Eu Shen, general manager of ...

http://www.phnompenhpost.com/index.php/2012082958335/Business/angkor-golf-resort-signs-mou-with-tourism-malaysia.html

Active acquisition is a GO

Malaysian-based GO Communications Group signed an acquisition deal to buy out Cambodian based Active Event Management, on Friday, Sept 21, 2012. Siet Sisopheak, managing director of Active, said GO became interested in the company because of improvements in Cambodia’s economy and how it would benefit the ...

http://www.phnompenhpost.com/index.php/2012092558890/Business/active-acquisition-is-a-go.html

Investment to aid low earners

US-BASED Overseas Private Investment Corporation (OPIC) yesterday signed a deal to provide a $5 million long-term loan to Thaneakea Phum (Cambodia) Ltd (TPC), a local microfinance institution (MFI), to support TPC’s expansion of its home improvement loans for low-income Cambodians. Fernanda Lima, director of US-based socially ...

http://www.phnompenhpost.com/2013022861653/Business/investment-to-aid-low-earners.html

EU aids Cambodia in combating illicit trafficking, use of nuclear, radiological materials

The European Union (EU) signs Wednesday to provide Cambodia with equipment to detect illicit trafficking and criminal use of nuclear and radiological materials. The agreement was inked between EU Ambassador to Cambodia Jean Francois Cautain and Om Yentieng, vice-chairman of the Secretariat of National Counter-Terrorism Committee. Under the deal, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-11/06/c_132863880.htm

OZ takes Renaissance scrip for cash

OZ Minerals has emerged with 16 per cent of Cambodia-focused Renaissance Minerals after agreeing to push back a deal that could have forced the gold explorer to stump up a $10 million payment on its Okvau deposit in the South-East Asian nation. Renaissance’s purchase of the ...

The West Australian News Staff
http://au.news.yahoo.com/thewest/business/a/-/wa/18874668/oz-takes-renaissance-scrip-for-cash/

Sino-Cambodia FTA talks wrap up, signing to follow

Cambodia and China wrapped up free trade agreement (FTA) talks on Monday, the Ministry of Commerce said. The announcement was made during a video conference between Minister of Commerce Pan Sorasak and his Chinese counterpart Zhong Shan. The deal is expected to propel bilateral trade ...

Thou Vireak
https://www.phnompenhpost.com/business/sino-cambodia-fta-talks-wrap-signing-follow

UN talks review Covid, hunger risks

The UN Food and Agriculture Organisation (FAO) offices in Cambodia and countries in the Asia-Pacific region participated in a four-day virtual conference recently to respond to the “twin pandemics” of Covid-19 and hunger facing the region. Dealing with Covid-19 has led to setbacks in the fight ...

Khorn Savi
https://www.phnompenhpost.com/national/un-talks-review-covid-hunger-risks

Cambodia underlines ASEAN’s centrality, unity

Cambodia on August 8 celebrated the 56th anniversary of the Association of Southeast Asian Nations (ASEAN), stressing once again the imperative of maintaining the bloc’s centrality and unity to deal with key challenges. ...

Khmer Times Staff
https://www.khmertimeskh.com/501339418/cambodia-underlines-aseans-centrality-unity/

Prakas Set to Control Tax Agents

The Ministry of Economy and Finance (MEF) last month signed a prakas, a ministerial decision, to ensure tax agents’ professionalism, an insider told the Post yesterday. After the full implementation of Prakas 455, signed on April 12, agents have to pay one million riel to ...

http://www.phnompenhpost.com/2013050265367/Business/prakas-set-to-control-tax-agents.html

Rare plant fetches high prices from Thai, Chinese

Many types of plants found in Cambodia are used as traditional herbs to treat various diseases, such as giloy or guduchi (Tinospora cordifolia) or aromatic/sand ginger (Kaempferia galangal) or rough cocklebur (Xanthium Strumartium). ...

Kim Sarom
https://www.phnompenhpost.com/lifestyle/rare-plant-fetches-high-prices-thai-chinese

NEC warns NGOs and foreigners

NGOs and foreigners have been warned that they could face fines or expulsion from the country for causing confusion or affecting the results of the upcoming Senate elections. NEC spokesman Hang Puthea said the NEC has made regulations and procedures based on existing laws in Cambodia. ...

Mom Sophon
http://www.khmertimeskh.com/50108174/nec-warns-ngos-foreigners/

Cambodia’s property market continues to trend upwards, evolve

2015 saw a spike in foreign direct investment (FDI), and the property sector was a big benefactor of these investments both in terms of headline investments in new development projects, and also from foreign individuals investing in one or numerous condos, SoHo units or strata ...

Post Staff
http://www.phnompenhpost.com/post-property/cambodias-property-market-continues-trend-upwards-evolve

New draft of trade Union Law adds guilt by association

An updated version of the draft Trade Union Law gives the Labor Ministry the power to suspend unions that “cooperate” or hold joint activities with groups the government deems to have caused economic sabotage or “damaged” the national interest, according to a copy of the ...

Zsombor Peter
https://www.cambodiadaily.com/news/new-draft-of-trade-union-law-ad

Preah Sihanouk authorities warn of clampdown on employee abuse

The Preah Sihanouk Provincial Administration has warned of legal action against any employers of establishments in the province, such as hotels or casinos, who force force their employees to work overtime or try to detain them against their will for any reason. ...

Lay Samean
https://www.phnompenhpost.com/national/preah-sihanouk-authorities-warn-clampdown-employee-abuse

New sub-decree aims to manage non-tax revenue collection

The government yesterday released sub-decree No 72 to enhance efficiency and transparency in the management of Non-tax revenue. The new regulation sets the mechanism to be followed when collecting, recording and monitoring Non-tax revenue, including income collected from ministries, public institutions, province-level administration and state ...

Sok Chan
https://www.khmertimeskh.com/50502236/new-sub-decree-aims-to-manage-non-tax-revenue-collection/

When it comes to Chinese Aid Cambodia should be cautious

Unlike that of the United States and other western donors, Chinese aid is primarily allocated directly to the Cambodian government and usually does not carry requirements to report development results. Unsurprisingly, it has been argued that Chinese aid is not transparent and there is no ...

East Asia Forum
http://aecnewstoday.com/2016/when-it-comes-to-chinese-aid-cambodia-should-be-cautious/

Key Vietnam-Cambodia border marker inaugurated

Vietnam and Cambodia jointly held a ceremony on December 26 morning in Duc Co district of the Central Highlands province of Gia Lai to inaugurate their border marker No.30 and the road connecting two checkpoints of the Le Thanh-O Za Dao international border gate. ...

Saigon-GP Daily News Staff
http://www.saigon-gpdaily.com.vn/National/2015/12/116915/

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