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Chamber of Commerce Law forthcoming

The draft of the new Law on the Chamber of Commerce is again being reviewed by the Cambodia Chamber of Commerce (CCC). Once the proposed changes to the draft are completed, the law will be sent to the Council of Ministers for further discussion and approval, ...

Sum Manet
http://www.khmertimeskh.com/50105722/chamber-of-commerce-law-forthcoming/

Government revokes more land licenses from 11 firms

Environment Minister Say Sam Al said Friday that the Cambodian government has canceled licenses of economic land concession for 11 companies whose land concessions adversely affected the local people. ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/government-revokes-more-land-licenses-from-11-firms-7503

Council of Ministers approves draft law on state assets

The Office Of the Council Of Ministers has approved the draft law on Control, Use and Management Of the State Assets, which aims to ensure that state assets are preserved for the common interests Of the country and the people. The Ministry Of Economy and ...

Ben Sokhean
https://www.khmertimeskh.com/50741610/council-of-ministers-approves-draft-law-on-state-assets/

Digital services tax levy under study

The Ministry of Economy and Finance, Ministry of Commerce and Ministry of Post and Telecommunications held a joint meeting last week to discuss the potential collection of a digital services tax. ...

Jason Boken
https://www.khmertimeskh.com/50797802/digital-services-tax-levy-under-study-2/

Cambodia launches cassava development project under China, UNDP support

Cambodia launched Tuesday the second phase of cassava development project under the support of China and the United Nations Development Program (UNDP). Cambodia and China signed a Protocol on the Exports of Cambodian Cassava to Chinese Market in December 2010, under which China allowed Cambodia ...

http://news.xinhuanet.com/english/china/2013-05/21/c_132397799.htm

2013 National Budget to Rise Above $3B

Government spending next year will total more than $3 billion, a 16.2 percent increase from the $2.6 billion set aside for 2012, according to a draft of the national budget obtained Friday. The budget states that the government will allocate some $400 million, or 13.32 ...

http://www.cambodiadaily.com/business/2013-national-budget-to-rise-above-3b-5428/

University dorm for orphans

Ol Sok Hour, a keen and promising student, had his life turned upside down two years ago when his parents died of AIDS. Yesterday, the NGO celebrated the launch of its Graduation House, a facility that will offer accommodation and support for orphaned tertiary students. ...

Sen David and Alice Cuddy
http://phnompenhpost.com/national/university-dorm-orphans

Royal turtles on verge of comeback: Official

Ministry of Environment spokesman Neth Pheaktra called on fishermen to help conserve the endangered royal turtle (batagur affinis). The species, also known as the Southern river terrapin, are on the verge of extinction in Cambodia, but a successful breeding programme is offering some hope. ...

Samban Chandara
https://www.phnompenhpost.com/national/royal-turtles-verge-comeback-official

Ministry eyes ‘bridge’ to vocational training

Deputy Prime Minister Sok An requested yesterday that the Ministry of Education, Youth and Sports collaborate with the Ministry of Labour to create a vocational “bridge” program to enable students without high school degrees to have access to trade-based, university-level coursework. ...

Pech Sotheary
http://www.phnompenhpost.com/ministry-eyes-bridge-vocational-training

Press release on the result of the first session of the National Assembly of the 7th legislature on 22 August 2023

On 22 August 2023, the General Secretariat of the National Assembly issued a press release on the result of the first session of the 7th legislature under the high presidency of Samdech Akka Moha Ponhea Chakrei Heng Smarin, Senator of the National Assembly, and 123 ...

General Secretariat of the National Assembly

Download: pdf

Cambodia earns $34.35 million e-commerce VAT from Facebook

Cambodia has generated approximately $34.35 million in revenue from the American multinational technology conglomerate Meta Platforms Inc. doing business as Meta or the Facebook Value Added Tax (VAT) in 2022 and 2023, said the figures of tax revenue released Sunday by former Prime Minister Hun ...

Kang Sothear ​
https://www.khmertimeskh.com/1354671/cambodia-earns-34-35-million-e-commerce-vat-from-facebook/

MobiTel, Smart Fight It Out Over Prices

With competition rife in Cambodia’s telecommunication market, two of the country’s largest mobile phone operators have engaged in a battle over prices and are at odds over the tactics being used to gain market share. On Friday, the Telecommunication Regulator of Cambodia (TRC) ordered all mobile ...

http://www.cambodiadaily.com/news/mobitel-smart-fight-it-out-over-prices-21085/

Workers to be informed of their labour rights

The Labour Ministry will send more than 200 trainers to factories and relevant institutes to educate workers about labour rights. Speaking to reporters on Wednesday, Soeung Sarsochetta, secretary of state at the Labour Ministry, said 250 trainers from the Labour Ministry would go to factories, businesses ...

Mom Kunthear
http://www.khmertimeskh.com/50114377/workers-to-be-informed-of-their-labour-rights/

Press releases on online and mobile scams

On 22 March 2023, the National Bank of Cambodia (NBC) issued a press release to inform the public that recently, some crooks have tried to defraud money in all forms on social media such as Telegram, Facebook, TikTok, telephone, etc., while the digital technology sector ...

National Bank of Cambodia (NBC)

Download: pdf

ARDB, GXAAS ink MoU to boost Kingdom’s agri sector

Agriculture and Rural Development Bank (ARDB), Cambodia’s leading agricultural bank, and the Guangxi Academy of Sciences (GXAAS) Tuesday signed a Memorandum of Understanding (MoU) to collaborate on agricultural science and technology innovation. ...

Chea Vanyuth
https://www.khmertimeskh.com/501565911/ardb-gxaas-ink-mou-to-boost-kingdoms-agri-sector/

Ancient statue 50 percent repaired

Repairs on an ancient sandstone statue discovered in Siem Reap province in July are 50 percent complete, according to a report. The Angkor-era statue was found at the Tonle Sgnout temple by a group of Apsara Authority archaeologists working with colleagues from the Singapore-based Institute ...

Mom Kunthear
http://www.khmertimeskh.com/50100580/ancient-statue-50-percent-repaired/

ASEAN projects to receive Around 1 07 million tourists in 2015

Cambodia’s tourism minister Thong Khon said this week that ASEAN is protected to gain around 107 million international tourists in 2015 as the bloc will create the community that year. Speaking at closing ceremony of the 10th Tour Guide Training and the Opening of 11th Tour Guide Training for Phnom Penh city at ...

http://thesoutheastasiaweekly.com/

Co-op law will bolster agriculture sector: PM

WITH the passing of a law on farmers’ co-operatives, the government hopes to streng-then the country’s growing agricultural sector, Prime Minister Hun Sen said in a speech at the National Institute of Education yesterday. “In time, I believe that economic growth will be tremendous in rural ...

http://www.phnompenhpost.com/2013022761644/Business/co-op-law-will-bolster-agriculture-sector-pm.html

Japanese Mizuho Bank looks into Cambodian financial sector

Mizuho Bank, one of Japan’s largest banks, opened a representative office here Monday thanks to increasing interest in Cambodia by Japanese investors, a bank official said. To date, Cambodia has five foreign banks’ representative offices, 34 commercial banks, seven specialized banks and 37 microfinance institutions, ...

http://news.xinhuanet.com/english/world/2013-07/08/c_132522621.htm

Anti-laundering law gets tougher penalties

The National Assembly yesterday passed a law to amend three articles in the anti-money laundering and terrorism financing law by a vote of 83 to six. Speaking at the start of session, Chea Chanto, governor of the National Bank of Cambodia, said the amendments would give ...

http://www.phnompenhpost.com/2013050965513/National/anti-laundering-law-gets-tougher-penalties.html

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