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National brokerage opens first overseas office

National insurance broking firm MGA Insurance Brokers is opening a new office in the developing market of Cambodia. The Cambodian operation was being set up as a joint venture with two local brokers, Chantol Seng and Sophat Meas, who had extensive international experience. “Cambodia has a ...

Insurance Business News Staff
http://www.insurancebusinessonline.com.au/news/national-brokerage-opens-first-overseas-office-181017.aspx

Accounting, Auditing Crucial in Development, Experts Say

Proper accounting and auditing help promote business opportunity and development, finance experts say. Socheat Chum, a senior associate auditor for KPMG, a professional accounting service, told “New Voices” on Monday that companies with “solid” financial statements will “attract more business partners and be able to borrow ...

Im Sothearith
http://www.voacambodia.com/content/accounting-auditing-crucial-in-development-experts-say/1793321.html

CPP official calls on authorities to seize MPs’ number plates from CNRP lawmakers

Senior official from the ruling Cambodian People’s Party called on authorities to take action against CNRP senior member whose vehicles still use fourth mandate number plates, which are invalid. The National Assembly was ready to deliver the new number plates to the CNRP’s elected lawmakers ...

The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=OTA3ZDU1ZmQ3ZjM

Unions wary of energy plan

Some labour unions are suggesting reforms to state energy provider Electricite du Cambodge’s (EdC) plan to grant energy discounts to garment workers in Phnom Penh, saying yesterday that the current arrangement is “too complex to implement”. According to the new plan, workers are entitled to ...

Sarah Taguiam and Pech Sotheary
http://www.phnompenhpost.com/national/unions-wary-energy-plan

Nearly $70 million investment projects licensed, to create 5,000 jobs

Council for the Development of Cambodia (CDC) has given the green light to five new investment projects with a total investment capital of $65.6 million. According to the council’s press releases issued recently, the new projects approved are expected to create nearly 5,000 jobs for ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50732891/nearly-70-million-investment-projects-licensed-to-create-5000-jobs/

IFC-backed logistics hub to boost connectivity, trade in Cambodia

Cambodia is set to have its first modern, world-class logistics complex as the International Finance Corporation (IFC) recently signed a new collaboration agreement with two of the region’s leading logistics companies. The financial institution feels the new partnership will deliver a major boost to infrastructure, ...

Khmer Times Staff
https://www.khmertimeskh.com/501241224/ifc-backed-logistics-hub-to-boost-connectivity-trade-in-cambodia/

Cambodia's ruling party adds 306 members to central committee

The ruling Cambodian People’s Party (CPP) has added 306 new members to its central committee during a three-day congress, which ended on Sunday. ...

The Cambodia Herald​ News Staff
http://www.thecambodiaherald.com/cambodia/cambodias-ruling-party-adds-306-members-to-central-committee-8138

Sesan villagers reject offer, call for studies

Villagers in Stung Treng province have rejected a new compensation offer from the firm building the divisive Lower Sesan 2 hydropower dam. ...

May Titthara
http://www.phnompenhpost.com/national/sesan-villagers-reject-offer-call-studies

Thais deport 60 illegal workers

Nearly 60 Cambodian workers were sent home from Thailand yesterday after crossing the border illegally to return to work following Khmer New Year. ...

May Titthara
http://www.khmertimeskh.com/news/37568/thais-deport-60-illegal-workers/

Museum puts spotlight on women

The National Museum in Phnom Penh has launched a new exhibition called “Photovoice of Cambodian Women in the Past, at Present, and in the Future.” ...

Nou Sotheavy
http://www.khmertimeskh.com/news/14316/museum-puts-spotlight-on-women/

PM calls for crackdown on gambling

Prime Minister Hun Sen yesterday called for a crackdown on gambling during a speech to mark the beginning of the new academic year in Kampot province. ...

Ven Rathavong and Ros Chanveasna
http://www.khmertimeskh.com/news/17380/pm-calls-for-crackdown-on-gambling/

Steady FDI helps keep economy on course

Total foreign direct investment receipts have remained consistent over the past five years, according to a new government report that incorporates central bank data. ...

Hor Kimsay
http://www.phnompenhpost.com/business/steady-fdi-helps-keep-economy-course

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