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Hun Sen’s Cabinet Approves $3.5B Draft Budget

Prime Minister Hun Sen’s new Cabinet on Friday approved a 2014 draft budget of $3.5 billion, a 13 percent increase over this year’s budget, but gave no details as to how the money would be spent. The CPP also said it will go ahead with a ...

Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/news/hun-sens-cabinet-approves-3-5b-draft-budget-45985/

Gov’t moves to attract IT firms

Technological innovation is playing a critical role in the development of the country’s economy by making business operate faster, a senior official at the Ministry of Commerce told a seminar last week. ...

May Kunmakara
http://www.khmertimeskh.com/news/18058/gov---t-moves-to-attract-it-firms/

Lack of Legal Aid in Cambodia Puts Children, Poor at Risk

A national legal aid system is imperative and must be established to offset a widening gap between those who can afford justice and those who cannot, the representative for the U.N.’s office of the High Commissioner for Human Rights (OHCHR) in Cambodia said on Friday. In ...

Lauren Crothers
http://www.cambodiadaily.com/news/lack-of-legal-aid-in-cambodia-puts-children-poor-at-risk-48219/

Kings of concessions

Vietnam and China lead the pack of foreign companies granted economic land concessions in Cambodia for agro-industrial development by a wide margin, new data released by the Ministry of Agriculture, Forestry and Fisheries show. According to the ministry’s annual report, released last month, since 1993 the ...

May Titthara
http://www.phnompenhpost.com/national/kings-concessions

NGOs call for road safety to be included in nat’l examination

wo NGOs focused on Cambodian road safety have sent a letter to Minister of Education Hang Chuon Naron on Wednesday requesting that road safety be included in students’ learning objectives ahead of the beginning of the new school year on Friday. In their letter, the ...

Voun Dara
https://www.phnompenhpost.com/national/ngos-call-road-safety-be-included-natl-examination

NBC moves to strengthen banks’ liquidity

The National Bank of Cambodia (NBC) is requiring financial institutions to gradually phase in a higher liquidity coverage ratio (LCR) to ensure sustainable growth in the industry and avoid crises.  ...

May Kunmakara
http://www.khmertimeskh.com/news/19748/nbc-moves-to-strengthen-banks----liquidity/

Environment ministry targets set

The Environment Minister instructed his staff to cooperate with relevant ministries and institutions to improve management in the sector at the closing of the ministry’s annual meeting on Monday. ...

Pech Sotheary
http://www.khmertimeskh.com/5095895/environment-ministry-targets-set/

MoU Signing ceremony on technical assistance for promoting the development of the securities sector in Cambodia

On 18 August 2022, the Cambodia Securities Exchange (CSX) announced a press released on the Memorandum of Understanding (MoU) signing ceremony between United Nations Capital Development Fund (UNCDF) and Securities Exchange Regulator of Cambodia (SERC) and Cambodia Securities Exchange (CSX).The MoU on “Technical Assistance for ...

Cambodia Securities Exchange

Download: pdf

Interview: CICA summit in Shanghai vital to building regional peace, security, stability--Cambodian experts

he upcoming 4th Summit of Conference on Interaction and Confidence Building Measures in Asia (CICA) in Shanghai, China is crucial to building trust, peace, security and stability in Asia, Cambodian experts said. “The conference is vital to building mutual confidence and closer partnerships among countries in ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-05/20/c_133348417.htm

Talks yet to begin with Malaysia on maid ban

More than two weeks after a ban on sending maids to Malaysia began, work on a bilateral agreement that would protect Cambodian maids working in Malaysia has not begun, officials said yesterday. Ho Vuthy, deputy director general at the Ministry of Labor’s department of labor, said ...

Cambodia ratifies agreement on visa exemption for Asean nationals

The Royal Government of Cambodia has deposited their instrument of ratification to the Association of Southeast Asian Nations (Asean) Framework Agreement on visa exemption for Asean nationals last week with Surin Pitsuwan, secretary-general of Asean, in accordance with the Article 8 of the agreement The agreement ...

http://www.pia.gov.ph/news/index.php?article=2101350375425

No boycott: Union meet could decide wage today

Independent labour unions will take part in the Ministry of Labour’s Labour Advisory Committee (LAC) meeting today, possibly making their decision on next year’s minimum wage in Cambodia’s garment sector. NIFTUC and the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) considered boycotting the LAC ...

Sean Teehan
http://phnompenhpost.com/national/no-boycott-union-meet-could-decide-wage-today

Minimum call charges apply: TRC

Mobile phone call promotions undercutting the government’s minimum pricing regulations are to be outlawed – again. Minimum charges will be applied to mobile phone calls from on Thursday with the return of the Telecommunication Regulator of Cambodia’s (TRC) rules on call tariffs, the regulator confirmed yesterday. On ...

Daniel de Carteret
http://www.phnompenhpost.com/business/minimum-call-charges-apply-trc

PPWSA settles on IPO price

A price has been set for Phnom Penh Water Supply Authority’s initial public offering, according to the Securities and Exchange Commission of Cambodia, after what was reported to be a significantly oversubscribed book-building process. PPWSA will sell for 6,300 riel, or US$1.57, a share, putting the ...

http://www.phnompenhpost.com/index.php/2012032755267/Business/ppwsa-settles-on-ipo-price.html

Premier calls for support for veterans

Prime Minister Hun Sen yesterday announced he would be personally helping the families of 100 dead veterans every year and called on others to offer financial help, according to reports. ...

Mom Kunthear
http://www.khmertimeskh.com/news/26381/premier-calls-for-support-for-veterans/

Banks, MFIs urged to support SMEs

Banks and financial institutions are urged to provide more support to small and medium enterprises (SMEs), especially those owned by women, as access to capital remains a major obstacle for their growth. ...

Chea Vannak
http://www.khmertimeskh.com/news/25720/banks--mfis-urged-to-support-smes/

Gov’t: Thousands of migrant workers ‘not received rights’

Minister of Interior Sar Kheng on Wednesday said there are still thousands of Cambodian migrant workers in Thailand who have not received the full legitimate rights that could protect them from abuses. This, he said was despite the two countries having laid out procedures and ...

Kong Meta
https://www.phnompenhpost.com/national/govt-thousands-migrant-workers-not-received-rights

Register now or miss out on tax breaks, ministry says

Government officials and private sector leaders on Friday reiterated their calls for all small and medium-sized enterprises to join the regulatory fold. Public officials and representatives of employers’ organisations assured business owners that the recently announced tax incentives are not a “trap” and that registering ...

Sok Chan
https://www.khmertimeskh.com/50549752/register-now-or-miss-out-on-tax-breaks-ministry-says/

Property owners asked to report foreign tenants to immigration department

Deputy Prime Minister and Minister of Interior Sar Kheng has instructed owners of residences throughout the Kingdom to report the presence of all foreign tenants. In a letter dated Friday, Sar Kheng said the ministry had noticed that many residence owners had failed to duly ...

Voun Dara
https://www.phnompenhpost.com/national/property-owners-asked-report-foreign-tenants-immigration-department

Interior Minister starts five-day visit to Turkey

Deputy Prime Minister and Minister of Interior Sar Kheng embarked on a five-day official visit to Turkey on Sunday at the invitation of his counterpart there. During his visit, which ends on Thursday, Sar Kheng is due to meet Turkish Minister of Interior Suleyman Soylu, ...

Ry Sochan
https://www.phnompenhpost.com/national/interior-minister-starts-five-day-visit-turkey

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