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Prime Minister puts island projects on notice

Prime Minister Hun Sen used his Facebook page this week to order his government to revoke the project licenses of companies failing to develop islands off the coast of Cambodia, or—worse—trying to sell them off to others. ...

Kuch Naren
https://www.cambodiadaily.com/news/prime-minister-puts-island-projects-on-notice-116299/

New laws on judiciary due by ‘end of month’

The Ministry of Justice is kicking into overdrive its long-stagnated efforts to finish three fundamental laws on The function of The judiciary, saying it hopes to complete The laws – which it characterises as key judicial reforms – by The end of The month, The ...

Vong Sokheng
http://www.phnompenhpost.com/national/new-laws-judiciary-due-%E2%80%98end-month%E2%80%99

Securities and Exchange Commission will regulate the Stock Exchange

The laws and regulations that govern Cambodia’s securities market were derived from The Objectives and Principles of The International Organization for Securities Commissions (IOSCO) and The best practices in The region, according to Dr. Ming Bankosal, Director General of The SECC. The SECC which ...

http://www.phnompenhpost.com/index.php/Special-Reports/securities-and-exchange-commission-will-regulates-the-stock-exchange.html

Malnutrition still endemic: UN

Over 40 per cent of Cambodian children under 5 years old suffer from stunted development due to poor nutrition, a rate that has not changed since 2010, according to data revealed yesterday by the UN’s Food and Agriculture Organization (FAO). While Cambodia has put substantial work ...

Pech Sotheary
http://www.phnompenhpost.com/malnutrition-still-endemic-un

Out-of-court resolution of disputes BAKC focus

Ly Chantola, president of the Bar Association of the Kingdom of Cambodia (BAKC), has outlined the body’s direction for 2024, with a primary focus on out-of-court dispute resolution in line with the priorities laid out by Prime Minister Hun Manet and the Ministry of Justice. ...

Orm Bunthoeurn
https://phnompenhpost.com/national/out-court-resolution-disputes-bakc-focus

VN bank named in Cambodia top five

The Bank for Investment and Development of Cambodia (BIDC), a subsidiary of The Bank for Investment and Development of Viet Nam (BIDV), has been named as one of The five biggest banks in Cambodia after three years of operation BIDC general director Nguyen Van Hien said ...

http://vietnamnews.vnagency.com.vn/Economy/228887/vn-bank-named-in-cambodia-top-five.html

CDC okays two S’ville hotels

The Council for The Development of Cambodia (CDC) last week approved two Chinese-invested hotel projects in Sihanoukville worth $379 million, it said in a Facebook post. The two five-star hotels by Xigang V-Continent International Investment Co Ltd and Hai Gang Grand Hotel Co Ltd have ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-two-sville-hotels

Industry leaders voice concern over sky-high cost of electricity

Private sector industry leaders speaking at an investment conference yesterday in the capital railed on the high cost of electrical power, which they said was sapping their competitiveness, while state officials offered assurances that state-backed power generation schemes would soon bring prices down. ...

Kali Kotoski
http://www.phnompenhpost.com/business/industry-leaders-voice-concern-over-sky-high-cost-electricity

Daily directors barred from leaving country

The Tax Department yesterday issued a letter asking The Immigration Department to prevent Deborah Krisher-Steele and Douglas Steele – both representatives of The Cambodia Daily – from leaving The country, a day after department head Kong Vibol said he would continue to pursue The tax ...

Niem Chheng
http://www.phnompenhpost.com/national/daily-directors-barred-leaving-country

CDC opens tax desk to advise foreign firms

The Council for The Development of Cambodia (CDC) established a tax desk at Their offices that will be staffed by employees from The General Department of Taxation, in hopes of easing The burden of registration for foreign companies. ...

Post Staff
http://www.phnompenhpost.com/business/cdc-opens-tax-desk-advise-foreign-firms

Cambodian exports to US down

Cambodia’s total exports to the United States declined last year compared with 2015, due to uncertainties in the US presidential race and rising exports from Vietnam and new market player Myanmar. ...

May Kunmakara
http://www.khmertimeskh.com/news/35260/cambodian-exports-to-us-down/

Cambodia’s trade with US reaches US$1.39-B in 1-H, + 4.5%

Cambodia’s trade with US reaches US$1.39-B in 1-H, + 4.5% Bi-lateral trade volume between Cambodia and the United States had jumped to US$1.39-B in 1-H of this year, a 4.5% rise compared with US$1.33-B at the same period last year, according to the statistics of the ...

http://www.livetradingnews.com/cambodias-trade-with-us-reaches-us1-39-b-in-1-h-4-5-83222.htm

Cambodia earns $2.5 billion from tourism in 2013

Cambodia earned $2.5 billion from the tourism sector last year, a senior government official said Monday. Last year’s income from tourism accounted for around 16 percent of the nation’s gross domestic product and provided jobs directly to about 400,000 people, Sok An said. the Cambodian government ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/140414/cambodia-earns-25-billion-tourism-2013

Chinese companies face culture shock

Faced with slower growth at home and rising labour costs, Chinese entrepreneurs are seeking foreign markets as never before.But as they rush abroad, they are grappling for the first time with unruly trade unions and meddlesome journalists. ...

The Post News Staff
http://www.phnompenhpost.com/business/chinese-companies-face-culture-shock-0

Child abuse costs Kingdom: study

Violence against children cost Cambodia approximately $168 million in 2013, or just over 1 per cent of GDP, according to a new report from the government and UNICEF that explores the economic impacts of physical abuse.Titled the economic burden of health consequences of violence against ...

Sen David
http://www.phnompenhpost.com/national/child-abuse-costs-kingdom-study

Legal assistance sought for juvenile victims, offenders

Bar Association of the Kingdom of Cambodia (BAKC) president Ly Chantola said the BAKC is collaborating with the UN Children’s Fund (UNICEF) to provide legal assistance to both juvenile victims and offenders at court hearings across the country. ...

Voun Dara
https://www.phnompenhpost.com/national/legal-assistance-sought-juvenile-victims-offenders

Cambodian authorities deport over 1,000 foreign nationals

In the first six months of this year, Cambodian authorities deported more than 1,000 foreign nationals living illegally in Cambodia. the deportations were made to ensure the safety of citizens and prevent cross-border crimes. ...

Hang Punreay
https://www.khmertimeskh.com/501344960/cambodian-authorities-deport-over-1000-foreign-nationals/

New PM urges Royal Government to commit to nation’s success

Kitti Tesaphibal Bindit Hun Manet, Prime Minister of the Kingdom of Cambodia, requested his colleagues in the Royal Government to do their utmost to fulfill this noble national mission to achieve the glorious new mandate given by the people through elections. ...

Khmer Times Staff
https://www.khmertimeskh.com/501348610/new-pm-urges-royal-government-to-commit-to-nations-success/

NBC sets new capital, risk rules for banks, financial institutions

The National Bank of Cambodia (NBC) yesterday released two proclamations that set new requirements for depositing-taking banks and financial institutions to strengThen The quality of Their capital to increase The effectiveness of preventing main banking risks and assess credit risks at lower rates to boost ...

Kang Sothear ​
https://www.khmertimeskh.com/501318139/nbc-sets-new-capital-risk-rules-for-banks-financial-institutions/

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