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Government reveals new budget reform strategy

Prime Minister Hun Sen on Friday announced the government’s new strategy for budget reform aimed at enhancing the sound management of public funds. Dubbed ‘Budget system reform programme for 2018-2025’, the new blueprint for the country’s budgetary policy was presented to the public during the ...

Sok Chan
https://www.khmertimeskh.com/50303602/government-reveals-new-budget-reform-strategy/

Acleda looking to go public

Twenty-five percent of Acleda Bank’s shares will soon be available for trading as stakeholder ASA Plc announced late Wednesday, its plan to list on the Cambodia Securities Exchange (CSX). Acleda Securities Plc president and CEO Prom Visoth noted that the move could potentially double the ...

Hor Kimsay
https://www.phnompenhpost.com/business/acleda-looking-go-public

FAO-led project to boost meat quality in the Kingdom

A new partnership with the Food and Agriculture Organisation of the United Nations seeks to enhance the quality of local meat by modernising facilities and raising hygiene standards, with a pilot project launched in Takeo in November.​ ...

Sok Chan
https://www.khmertimeskh.com/50525749/fao-led-project-to-boost-meat-quality-in-the-kingdom/

Bourse softens listing criteria

For companies looking to float shares on Cambodia’s fledgling stock exchange, the rules have just been made easier.After three years and only two listings, the Securities and Exchange Commission of Cambodia (SECC) has revamped the listing criteria, in a bid to increase the number of ...

Ananth Baliga
http://www.phnompenhpost.com/business/bourse-softens-listing-criteria

Traffic deaths rise, injuries fall over new year

Although 254 people were either killed or injured in traffic accidents across the Kingdom during this year’s Khmer New Year, and the fatality rate rose, the rate of injury over the four-day celebration decreased when compared with the same period last year, according to a ...

Mom Kunthear
http://www.khmertimeskh.com/news/23881/traffic-deaths-rise--injuries-fall-over-new-year/

Difficult rainy season ends

As a fickle rainy season that has seen areas of the country plagued by drought draws to a close, Cambodia’s rice production remains nearly on target, though food insecurity is still a problem for individual communities, according to the World Food Programme.The season’s slow start ...

Igor Kossov
http://www.phnompenhpost.com/national/difficult-rainy-season-ends

Another setback for online business registry

The Ministry of Commerce has extended the deadline for companies to re-register their businesses online for a third – and “final” – time, giving companies until December 31 to complete the online registration before penalties kick in, according to a document posted yesterday on the ...

Post Staff
http://www.phnompenhpost.com/business/another-setback-online-business-registry

Regulator pushes for corporate governance

The vast majority of local companies lack corporate governance standards and provide insufficient business information, requiring investors and regulators to do heavy due diligence work that stops businesses from tapping into additional funding sources, officials said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/regulator-pushes-corporate-governance

SECC cuts transaction fees for derivative trades

The Securities and Exchange Commission of Cambodia (SECC) has decided to slash transaction fees on derivative trading, a move the SECC claims will help spur future trades. ...

Hor Kimsay
http://www.phnompenhpost.com/business/secc-cuts-transaction-fees-derivative-trades

Families dispute mine land in Preah Vihear

Officials from the Preah Vihear provincial Land Management Department and Rovieng district yesterday inspected a piece Of land at the centre Of a dispute between gold mining company Delcom and 56 families following a petition the families filed last month at the Ministry Of Land ...

Phak Seangly
http://www.phnompenhpost.com/national/families-dispute-mine-land-preah-vihear

Slowdown in services sector

A slow growth in tourism, and a slowdown in the logistics and real estate sectors could cumulatively have a knock-on effect that will threaten the overall growth of the country’s services sector, a report from the Ministry of Economy and Finance said yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/34626/slowdown-in-services-sector/

Ministry of foreign affairs to build first diplomatic institute

The Foreign Affairs Ministry expects to complete construction on its first training institute for local diplomats in the next 18 months, officials said Monday. Foreign Affairs Ministry spokes-man Chum Sounry said work on the National Institute for diplomatic and Relations of International Study began in December. ...

Chhorn Phearun
https://www.cambodiadaily.com/second2/ministry-foreign-affairs-build-first-diplomatic-institute-126811/

Rainy season comes with warning

The rainy season will start in the first week of May, with heavy rain, storms and thunder, the Water Resources and Meteorology Ministry predicts. Some areas on the plains face high risks from heavy rain in the middle of the season. ...

Pech Sotheary
http://www.khmertimeskh.com/news/37611/rainy-season-comes-with-warning/

2017: A good year for fish

Cambodians can expect up to 14,000 tons of fish caught from the Tonle Sap, Mekong and Bassac rivers this year, a 5,000 ton increase compared with last year, which will be sufficient to meet all local demand, said the Ministry of Agriculture, Forestry and Fisheries ...

Sok Chan
http://www.khmertimeskh.com/news/34057/2017--a-good-year-for-fish/

Battambang dam 98 percent complete

Construction of a $100 million dam project and the largest reservoir in Battambang province is 98 percent complete and scheduled to be finished before Khmer New Year in April. ...

Taing Vida
http://www.khmertimeskh.com/news/34258/battambang-dam-98-percent-complete/

Flexibility measures weighed for CSX

Cambodia’s capital market regulator will meet soon to discuss a proposal to permit market orders for trading stocks on the Kingdom’s bourse, a move that would give investors more flexibility when buying or selling shares, officials have said. ...

Brian Ng
http://www.phnompenhpost.com/business/flexibility-measures-weighed-csx

Cambodia 2013 rice production may increase to 6 million tons, despite floods, says FAO

Cambodia’s milled rice production is expected to increase to around 6 million tons (about 9.34 million tons, basis paddy) in 2013, up about 1% from the previous year, according to the UN’s Food and Agricultural Organization (FAO). ...

Oryza News Staff
http://oryza.com/news/rice-news/cambodia-2013-rice-production-may-increase-6-million-tons-despite-floods-says-fao

Cambodia Should Produce More Quality Human Resources, Rather Than Quantity

Cambodia has more labour forces than the jobs created every year. Hence, some students who have just graduated from the university can’t find jobs; they need some time to get jobs. Some young people have to sell their labour abroad. Despite the surplus of labour ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=ZDRmY2U4YzZmMWQ

Mobile network operators ordered to halt free SIM delivery, or face legal punishment

Authority has asked all mobile network operators in Cambodia to stop delivering free Sim Cards without getting a copy of identification card from their clients, warning that they would face legal action if they disobey the order. The warning was made during a meeting on Thursday ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=ZWE1NmIwNWIzMmN

Telecom law outrage

Cambodia’s telecom sector is outraged over a draft law handed down by the Ministry of Posts and Telecommunications (MPTC) on Wednesday, which details a government plan to assert control over the industry. In what is being labeled an “unprecedented, draconian” effort to nationalise the industry, the ...

Eddie Morton
http://www.phnompenhpost.com/business/telecom-law-outrage

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