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Official says $200,000 in fines collected from foreigners without work permits

Since a nationwide census of foreigners began in August, fines totalling nearly $200,000 have been paid into government coffers, an immigration official told the Post yesterday. “According to the law, the immigration police can fine them 200,000 riel [about $49] to 500,000 riel and this ...

Cheang Sokha and Alice Cuddy
http://www.phnompenhpost.com/national/official-says-200000-fines-collected-foreigners-without-work-permits

ISP licences pulled by telecom regulator over inactivity

The Kingdom’s telecom regulator has revoked The licences of three internet service providers (ISPs) after finding that The companies were no longer operating. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/isp-licences-pulled-telecom-regulator-over-inactivity

Firm registry moves online

Local and foreign firms looking to register their business in Cambodia can now do it from any internet-connected device after the Ministry of Commerce yesterday launched its long-awaited online business registration portal.the new, paperless system enables prospective businesses to search for a company name, upload ...

Ananth Baliga
http://www.phnompenhpost.com/business/firm-registry-moves-online

Modernisation in IT system increases GDT’s tax collection

Modernizing the tax system through automation has helped increase revenue and transparency in the Kingdom’s tax sector. the General Department of Taxation (GDT) said tax collection had increased by more than 28 per cent in the first 10 months of the year. ...

Thou Vireak
https://www.phnompenhpost.com/business/modernisation-it-system-increases-gdts-tax-collection

Cambodia receives 3.6 mln overseas tourists in 10 months

Cambodia welcomed 3.6 million overseas tourists in the first 10 months of 2014, up 6 percent compared to the same period last year, a tourism official said on Wednesday. Kong Sopheareak, chief of the statistics and planning department at the Ministry of Tourism, said the top ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-12/10/c_133845725.htm

Mondulkiri land registry system underway

A working group from the Ministry of Environment is inspecting over 10,000ha of land in Mondulkiri province after the provincial administration requested the ministry to create a registry system that would enable the occupants of the land to gain legal title to it. ...

Long Kimmarita
https://www.phnompenhpost.com/national/mondulkiri-land-registry-system-underway

Stung Treng airport awaits revamp by ADB

The Asian Development Bank (ADB) is considering plans to revamp The airport in Stung Treng province to increase air connectivity in The Great Mekong Subregion (GMS). ...

Sum Manet
http://www.khmertimeskh.com/5089585/stung-treng-airport-awaits-revamp-adb/

Factories create 12,000 new first-quarter jobs

Forty factories were registered during the first three months of the year, creating over 12,000 jobs, according to new data by the Ministry of Industry and Handicraft. ...

Post Staff
http://www.phnompenhpost.com/business/factories-create-12000-new-first-quarter-jobs

Cambodia regulator to cancel inactive telecom licenses

The Telecom Regulator of Cambodia (TRC) has urged 34 domestic telecom operators and ISPs to submit Their business performance reports by end-November. The watchdog plans to ensure The companies comply with Their licensing agreements, Khmer Times reports, citing Im Vutha, director of regulation at TRC. ...

Telecompaper News Staff
http://www.telecompaper.com/news/cambodia-regulator-to-cancel-inactive-telecom-licenses--1114622

Local SMEs keen to replace Thai, Vietnamese imports

Cambodian businesses are joining forces in an attempt to increase production and reduce the country’s dependence on imports. the Federation of Association for Small and Medium Enterprises of Cambodia, the Ministry of Industry and Handicraft, and the Cambodia Chamber of Commerce plan to encourage small ...

Sok Chan
http://www.khmertimeskh.com/news/18174/local-smes-keen-to-replace-thai--vietnamese-imports/

CSOs seek input on climate policies

Civil society and government representatives met at the Royal University of Phnom Penh yesterday to discuss how both sides can cooperate to formulate climate change policies that fulfill the Kingdom’s treaty obligations in the wake of the historic climate accord reached in Paris earlier this ...

Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/csos-seek-input-climate-policies

Out-of-court settlement law being drafted for adoption

Cambodia will soon have a law to resolve disputes through mediation outside of the court. the law will be drafted by the Ministry of Justice in cooperation with the European Union (EU). ...

Tin Sokhavuth
https://www.khmertimeskh.com/50995954/out-of-court-settlement-law-being-drafted-for-adoption/

Halt ordered to diet aid’s sale

The Ministry of Heath on Monday ordered pharmacies to halt The sale of unapproved diet pill Mazeta Slim, a purportedly American drug that The ministry said actually likely originates in China. ...

Cheng Sokhorng and Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/halt-ordered-diet-aids-sale

Cambodia gov't seizes back economic land concession licenses from 23 companies last year

Cambodian Environment Minister Say Samal said Tuesday that the government had cancelled licenses of economic land concessions (ELCs) for 23 companies last year after the firms have failed to develop the land for years. ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/150106/cambodia-govt-seizes-back-economic-land-concession-licenses-

NBC heralds eco-friendly investment fund

The National Bank of Cambodia (NBC), The central bank, welcomed The Bank for International Settlements’ (BIS) February 25 launch of The Asian Green Bond Fund, an open-ended fund for central bank investments in high-quality bonds issued by sovereign states, international financial institutions and corporations. ...

https://www.phnompenhpost.com/business/nbc-heralds-eco-friendly-investment-fund

Tax collection exceeds 22% of plan last year

The General Department of Taxation (GDT) at The Ministry of Economy and Finance collected $3.45 billion as income from taxes in 2022, which is equivalent to 122 percent of The target for The year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501222609/tax-collection-exceeds-22-of-plan-last-year/

VN, Cambodia state banks foster ties

Governor of the State Bank of Vietnam (SBV), Lê Minh Hưng, and Governor of the National Bank of Cambodia (NBC), Chea Chanto, have agreed to step up co-operation between the two banks. ...

Viet Nam News
http://vietnamnews.vn/economy/351435/vn-cambodia-state-banks-foster-ties.html#VSUuqSzs55vRy9a4.97

Four women come home after being trafficked

Four women are on their way back to cambodia after being forced to work under brutal conditions in malaysia, the foreign ministry said yesterday. the four had fled their workplace and sought help from the cambodian embassy. ...

Srey Kumneth
http://www.khmertimeskh.com/news/17252/four-women-come-home-after-being-trafficked/

Phone regulator issues ultimatum

The Telecommunication Regulator of Cambodia (TRC) issued a second directive on Wednesday to all mobile phone operators in The country instructing Them to stop placing misleading advertisements in The media that could cause public confusion. ...

Sum Manet
http://www.khmertimeskh.com/news/35556/phone-regulator-issues-ultimatum/

Cambodia's tax revenue up 38.5 pct in first half of 2015

The Cambodia’s General Department of Taxation (GDT) reported Monday that it collected 707 million U.S. dollars in taxes during The first six months of this year, up 38.5 percent over The same period last year. ...

Xinhua team
http://www.khmertimeskh.com/news/12961/cambodia-s-tax-revenue-up-38-5-pct-in-first-half-of-2015/

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