Regulator revokes 29 licences for web firms
Cambodia’s telecom regulator has de-recognised 29 internet and voice-over internet protocol (VOIP) providers in the Kingdom, for failing to provide documentation to prove their active status, according to an official from the Telecommunication Regulator of Cambodia (TRC). ...
Sor Chandara
http://www.phnompenhpost.com/business/regulator-revokes-29-licences-web-firms
MEF and USAID launch transparency initiative
USAID and the US Treasury Office Of Technical Assistance (OTA) have launched a joint initiative with the Ministry Of Economy and Finance (MEF) to improve fiscal transparency and accountability in the management Of public finances, according to a press release issued yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/mef-and-usaid-launch-transparency-initiative
Bad meat among goods seized
More than 200kg of old meatballs were seized by the government’s Camcontrol in a crackdown on goods past their use-by dates in Pailin on Wednesday, according to the Ministry of Commerce. ...
San Bunsim
http://www.khmertimeskh.com/news/27546/bad-meat-among-goods-seized/
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/
Tax revenue soars on vehicle, tobacco tariffs
Cambodia’s General Department of Taxation (GDT) collected $1.09 billion in taxes during the first 10 months of 2015, up 23.9 per cent compared to the same period a year earlier, according to a statement posted on its website. ...
Post Staff
http://www.phnompenhpost.com/business/tax-revenue-soars-vehicle-tobacco-tariffs
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/
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
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
Central bank pushes use of national currency on anniversary
The National Bank of Cambodia (NBC) marked the 36th anniversary of its reintroduction of the national currency on Sunday, using the event to continue its calls to boost use of the riel in a highly dollarized economy. ...
Kang Sothear
https://www.cambodiadaily.com/news/central-bank-pushes-use-of-national-currency-on-anniversary-110161/
Kingdom licenses first round of new factories
Forty new factories received permission to operate in Cambodia during the first three months of this year, while 54 factories have applied for licenses and 21 are currently undergoing renewal procedures, according to a report released yesterday by the Ministry of Industry and Handicraft. ...
Post Staff
http://www.phnompenhpost.com/business/kingdom-licenses-first-round-new-factories
Profit-tax revenue leads first half surge
Cambodia’s tax department collected $829 million in tax revenue during the first half of the year, 18 per cent more than during the same period a year earlier, led by surge in profit-tax revenue, according to government data released late on Tuesday. ...
Joint CCC-Matrade agreements
The Cambodia Chamber of Commerce (CCC) will for the first time sign bilateral cooperation agreements with Malaysia’s External Trade Development Corporation (Matrade) to pave the way for businesses in both countries to carry out matching activities, like events and expositions. ...
Sok Chan
http://www.khmertimeskh.com/news/27631/joint-ccc-matrade-agreements/
Casinos rake in $2 billion
Cambodia’s casino industry generates close to $2 billion in revenue a year and accounts for nearly 40 per cent of the Kingdom’s tourism revenue, a central bank official said yesterday.Chea Serey, director-general of the National Bank of Cambodia, told a workshop on statistics in international ...
Sor Chandara
http://www.phnompenhpost.com/business/casinos-rake-2-billion
Socio-economic survey shows Cambodia’s balanced sex ratio
The Cambodia Socio-Economic Survey 2014 has revealed the balanced sex ratio in the country, according to the state news agency-AKP. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/socio-economic-survey-shows-cambodia%E2%80%99s-balanced-sex-ratio-9023
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
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
Private companies warned on beach access
The government has vowed to crack down on coastal hotels and resorts that have restricted public access to beaches or constructed illegal encroachments within 50 metres of the shoreline.Tourism Minister Thong Khon warned yesterday that his ministry will give private companies a deadline to remove ...
Sor Chandara
http://www.phnompenhpost.com/business/private-companies-warned-beach-access
Justice Minister delays exam for judge students after ACU refuses to send observers
The minister for Ministry of Justice Ang Vongvattana ordered today to the Royal Academy of Judicial Professions to delay holding an exam for batch 7thof judicial students aiming to ensure transparent and justice. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/justice-minister-delays-exam-for-judge-students-after-acu-refuses-to-send-observers-9085
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
Cambodia lags behind 2020 power target
Cambodia is lagging behind its target to achieve nationwide electrification by 2020, the head of the country’s electricity regulator warned Tuesday. ...
Prashanth Parameswaran
http://thediplomat.com/2016/01/cambodia-lags-behind-2020-power-target/