Draft consumer law completed
The Ministry of Commerce has finished the draft consumer protection law and will soon submit it to the Council of Ministers, according to a senior government official. ...
Chea Vannak
http://www.khmertimeskh.com/news/34241/draft-consumer-law-completed/
Minister wants tougher fisheries crackdown
Interior Minister Sar Kheng has ordered government officials and department heads to crack down on anyone committing fishing crimes, telling a committee meeting that lax efforts to “educate” repeat offenders continued to fail and exacerbate the problem.According to Deputy National Police Chief Kirth Chantharith, Mr. ...
May Titthara
http://www.khmertimeskh.com/news/34867/minister-wants-tougher-fisheries-crackdown/
Discussion on reducing electricity price for 2017 in the distribution areas of EDC in Phnom Penh and Takmao district of Kandal province
On 06 February 2017, the Electricity Authority of Cambodia (EAC) has released an announcement to the public and the consumers that EAC is planning to reduce the electricity price of Electricité du Cambodge (EDC) in the distribution area of EDC in Phnom Penh and Takmao ...
Electricity Authority of Cambodia
Cambodia signs deal with Chinese province
The Cambodian government signed a memorandum of understanding (MoU) with officials from China’s Shaanxi province aimed at bolstering trade and tourism, according to a release yesterday by the Ministry of Commerce. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/cambodia-signs-deal-chinese-province
HKL gets $15 million to grow MFI operations
Cambodian microlender Hattha Kaksekar Ltd (HKL) has secured a $15 million cash injection to expand its business operations from its parent company, Thailand’s Bank of Ayudhya, Hout Ieng Tong, president and CEO of HKL, confirmed yesterday. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/hkl-gets-15-million-grow-mfi-operations
Whooping cough assurance
The Ministry of Health yesterday denied a local media report that children in Cambodia under one year old have a 50 percent chance of catching whooping cough. ...
Sen David
http://www.khmertimeskh.com/news/38756/whooping-cough-assurance/
New rules for digital payments
The central bank has issued new regulations governing the licensing of payment services providers (PSPs), requiring that all firms providing online services to accept electronic payments have at least $2 million in registered capital, a move expected to increase the stability of the sector and ...
Hor Kimsay and Matthieu de Gaudemar
http://www.phnompenhpost.com/business/new-rules-digital-payments
Japanese FDI on the rise in Cambodia
The strong inflow of Japanese investment is expected to continue on the back of both large-scale commercial projects and the consumer habits of Japanese expatriates residing and working in Cambodia, according to investment officials. ...
Hor Kimsay
http://www.phnompenhpost.com/business/japanese-fdi-rise-cambodia
Directive to mobile operators
The Telecom Regulator of Cambodia yesterday issued a directive to mobile operators to ensure they are transparent with automatic fees charged to customers after a spike in complaints. ...
May Kunmakara
http://www.khmertimeskh.com/news/39840/directive-to-mobile-operators/
Corporate bonds edging closer to launch
Cambodia’s market regulator has finalised regulations for establishing a corporate bond, moving one step closer to introducing a new capital market tool that would allow companies to raise funds for expansions, debt refinancing or acquisitions, officials announced yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/corporate-bonds-edging-closer-launch
Hundreds of foreigners granted citizenship
Interior Minister Sar Kheng yesterday called on the government to amend the law on nationalisation and immigration, while a report from the general department of identification revealed 1,518 foreigners were granted Cambodian nationality from 2014 to 2017. Presiding over the department’s annual meeting, Mr Kheng ...
Khy Sovuthy
http://www.khmertimeskh.com/50103717/hundreds-of-foreigners-granted-citizenship/
Investment down by $1B
Local and foreign investment in the Kingdom declined by nearly $1 billion last year, with the bulk of losses coming from fewer infrastructure and agriculture projects, while the manufacturing and tourism sectors continued to post massive gains, according to the Council for the Development of ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/investment-down-1b
Garment makers pool their resources
The Garment Manufacturers’ Association of Cambodia (GMAC) yesterday officially launched the GMAC Human Resources Club to build a knowledge bank, share information, experience and expertise to improve the industry. ...
May Kunmakara
http://www.khmertimeskh.com/news/39784/garment-makers-pool-their-resources/
Corn farmers block road over low prices
Hundreds of corn farmers blocked a main road in Battambang province on Thursday, hoping the barricade would persuade Prime Minister Hun Sen to put pressure on traders to raise the dwindling crop prices that are hurting their livelihoods. ...
Leng Len
https://www.cambodiadaily.com/news/corn-farmers-block-road-over-low-prices-132502/
Rubber exports bounce higher
Cambodian rubber exports surged 37 percent during the first half of the year, compared to the same period in 2016, as the Kingdom’s rising harvest capacity coincided with firmer global demand for rubber products. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/rubber-exports-bounce-higher
Hydroponic farming to be tested in Cambodia
Japanese company Asian Gateway (Cambodia) will soon conduct a pilot project with a hydroponic farm in Cambodia. It will be tested at the Royal University of Agriculture (Chamkar Dong campus) in the first stage and after that will be used as a model for farmers and ...
Sok Chan
http://www.khmertimeskh.com/5079873/hydroponic-farming-tested-cambodia/
Cambodia, Bangladesh to strengthen trade
Cambodia and Bangladesh are seeking to strengthen cooperation on trade and enhance and expand trade and business partnerships via a deal which will be signed in October. ...
Chea Vannak
http://www.khmertimeskh.com/5083529/cambodia-bangladesh-strengthen-trade/
SECC lays down new dispute regulations
The Securities and Exchange Commission of Cambodia (SECC) has issued new regulations and procedures for solving disputes involving parties operating in the securities sector. ...
Post Staff
http://www.phnompenhpost.com/business/secc-lays-down-new-dispute-regulations
CDC to post project decisions on Facebook
The Council for the Development of Cambodia (CDC), the government body in charge of approving large-scale investments, has taken to Facebook to officially announce its decisions on investment projects, a move that a government official claimed yesterday will provide more transparent access for investors and ...
Hor Kimsay and Kali Kotoski
http://www.phnompenhpost.com/business/cdc-post-project-decisions-facebook
Garment buyers asked to bring in tech
The government is calling on international buyers to increase investment in the garment and footwear sector and to introduce new technologies to help modernise the industry, according to a senior official from the Ministry of Commerce (MoC). ...
Sok Chan
http://www.khmertimeskh.com/5090886/garment-buyers-asked-bring-tech/