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NBTC signs MoU with Cambodia regulator

The National Broadcasting and Telecommunications Commission (NBTC) has signed a memorandum of understanding with The Telecommunication Regulator of Cambodia. The deal involves information exchange and collaboration in many aspects. The move also aims to furTher strengThen ties between The telecom regulators. ...

The Nation News Staff
http://www.nationmultimedia.com/business/NBTC-SIGNS-MOU-WITH-CAMBODIA-REGULATOR-30267325.html

Cambodia’s new casino bill faces likely delay: report

A bill to regulate the management of Cambodia’s casino industry could be approved by the country’s National Assembly (pictured) in the first quarter of 2016, reported the Khmer Times newspaper, quoting an official from the Ministry of Economy and Finance. ...

GGRAsia News Staff
http://www.ggrasia.com/cambodias-new-casino-bill-faces-likely-delay-report/

NBC issues prakas for riel loans

The National Bank of Cambodia (NBC) issued a prakas, or directive, last week instructing commercial banks and microfinance institutions to make out more riel loans to Their customers, in a bid to promote The use of The national currency. The prakas, which took effect on Thursday, ...

Sok Chan
http://www.khmertimeskh.com/news/32828/nbc-issues-prakas-for-riel-loans/

Cambodia's trade with Vietnam reaches 2.7 bln USD in 9 months

Bilateral trade volume between Cambodia and its neighboring Vietnam has hit 2.7 billion U.S. dollars in the first nine months of the year, up 10 percent compared with the 2.45 billion U.S. dollars over the same period last year, a Cambodian trade official said Thursday. Kem ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/14/c_132887645.htm

Construction investment notably increases in 2013

Construction investment in Cambodia in the past 11 months of 2013 was worth of USD 2.4 billion or 1526 projects, covering construction area of 7 million sq km, said the Ministry of Urbanization and Construction. the ministry added that compared with the same period of last ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NTEzNDI5N2YzMGE

MFA.IC hosts webinar on Combating Financing Of Proliferation of Weapons of Mass Destruction

The Taskforce for Anti-Money Laundering, Terrorism Financing and Proliferation Financing of The Ministry of Foreign Affairs and International Cooperation (MFA.IC) organized a Webinar on The dissemination of The “Guideline on Procedures of Forwarding Without Delay The Resolutions or Updated Consolidated List of The United Nations ...

Khmer Times Staff
https://www.khmertimeskh.com/501066068/mfa-ic-hosts-webinar-on-combating-financing-of-proliferation-of-weapons-of-mass-destruction/

Banteay Meanchey gets free TV

The tower in The provincial capital of Sisophon will provide – for The first time in The province – free national public programming such as local and national news broadcasts, according to Sek Sokhum, The province’s information department director. Previously, those hoping to watch TV ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/banteay-meanchey-gets-free-tv

Malaria money sits idle

Millions of dollars of aid money granted to Cambodia by the Global Fund to combat malaria have been left sitting in a bank account for more than a year, official documents seen by the Post show.the money remains untouched because the National Malaria Centre (CNM) ...

Jamie Elliott
http://www.phnompenhpost.com/national/malaria-money-sits-idle-0

Gov’t to crack down on overdue road tax

The General Department of Taxation (GDT) will continue collecting The annual road tax on vehicles due at The end of last month until The end of The year, but will start cracking down on late payments on January 1, it announced. The taxes can be ...

Sok Chan
http://www.khmertimeskh.com/news/18434/gov---t-to-crack-down-on-overdue-road-tax/

Gov’t eyes data gaps to ensure stable foundation for construction industry

A survey of foreign direct investment by the National Bank of Cambodia due to be completed at the end of this month will help fill data gaps in the construction industry and could lead to new regulations in the property market that will pave the ...

Tim Vutha
http://www.khmertimeskh.com/news/15853/gov---t-eyes-data-gaps-to-ensure-stable-foundation-for-construction-industry/

Gov't figures show Cambodia's mobile internet usage continues to rise

The number of people in Cambodia accessing The Internet from Their mobile devices increased by 1.3 million during a 10-month period last year, though The number of mobile phone subscribers increased by just over 4,500 during The same period, according to figures released last week by The ...

Joshua Wilwohl
http://www.forbes.com/sites/joshuawilwohl/2016/02/25/govt-figures-show-cambodias-mobile-internet-usage-continues-to-rise/#144870ea5fb7

Prime minister asks for cooperation to bring down costs for rice farmers

The Cambodian prime minister called yesterday on The public, private and non-profit sectors to work togeTher in bringing down The cost of growing rice to help struggling farmers throughout The country. ...

Sok Chan
http://www.khmertimeskh.com/50108462/prime-minister-asks-cooperation-bring-costs-rice-farmers/

SIM card registration drive stalling

One month after the government announced a crackdown on unregistered mobile phone lines, retailers are still selling SIM cards without the required identification documents, and the major telecom companies have done little to curtail the practice.​ In a joint press conference on September 22, officials ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/sim-card-registration-drive-stalling

Tax collections reflect increased payment options

Government coffers received close to a billion dollars in tax revenues for the first nine months of the year, up 25 per cent compared to the same period a year earlier, with convenient tax payment options contributing to this rise, according to the latest quarterly ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/tax-collections-reflect-increased-payment-options

Insurance premiums swell on new business growth

The growth of new enterprises across many different sectors in Cambodia is driving The rapid growth of insurance premiums and policy holders, The head of The Kingdom’s insurance industry body said yesterday. ...

Ayanna Runcie
http://www.phnompenhpost.com/business/insurance-premiums-swell-new-business-growth

Y Chhien to be replaced as Pailin Governor

Y Chhien, who has served as the governor of Pailin province since former Khmer Rouge Foreign Minister Ieng Sary led his rebel forces in the area to defect to the government in 1996, will step down from his position on Saturday, his cabinet chief said ...

Saing Soenthrith
http://www.cambodiadaily.com/news/y-chhien-to-be-replaced-as-pailin-governor-after-18-years-60027/

Cambodia telecom companies urged to pay overdue regulatory fees

The government has issued a new warning to telecommunications companies that have yet to deliver outstanding payments to The Kingdom’s ministries, giving regulators until The end of The month to settle Their debts. ...

Hor Kimsay and Robin Spiess
https://www.phnompenhpost.com/business/cambodia-telecom-companies-urged-pay-overdue-regulatory-fees

Tax revenues grow state coffers by $1.3B

Revenue from tax collection jumped 25 per cent in 2015, government officials revealed yesterday, saying the tax department has collected about $1.3 billion on the back of better compliance and awareness among the private sector.At a seminar in Phnom Penh, Kong Vibol, director of the ...

Sor Chandara
http://www.phnompenhpost.com/business/tax-revenues-grow-state-coffers-13b

A roadmap for financial growth

The government yesterday unveiled its financial sector development strategy for 2016 to 2025, which provides stakeholders with a document to evaluate The last decade of growth while outlining an action plan for The next decade. Chea Serey, director-general of The NBC, said The content of ...

Hor Kimsay
http://www.phnompenhpost.com/business/roadmap-financial-growth

Fund intended to improve country’s urban sanitation

The government will set up a $5 million fund to allow Cambodia’s 26 provinces and municipalities to take responsibility for waste management in Their cities, it was announced recently. With a focus on garbage management, The decentralisation initiative, revealed at a two-day workshop in Phnom Penh ...

Shaun Turton
http://www.phnompenhpost.com/fund-intended-improve-countrys-urban-sanitation

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