Cambodia-Malaysia double tax agreement now in effect
The double tax avoidance agreement (DTA) between Cambodia and Malaysia came into effect on January 1, ushering in optimism and hope in the private sector that bilateral investment will garner steam. Royal Code NS/RKM/1120/023, dated November 14, 2020, promulgated the “Law on the Approval of ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-malaysia-double-tax-agreement-now-effect
Gov’t spins out additional measures for tourism recovery
The Royal Government of Cambodia (RGC) on Monday issued another set of guidelines on additional measures to further control the impacts of the recovery of tourism in Cambodia as the economy has still been at high risk and uncertainty of regional and global changing trends, ...
Kang Sothear
https://www.khmertimeskh.com/501230304/govt-spins-out-additional-measures-for-tourism-recovery/
190 Municipal-District Administration implements Sub-National Administrative Investment Fund
From 2017 to the present, 190 municipal and district administrations across the country have implemented sub-national administrative investment funds (SNIF). This is according to Dr. Keo Bengvath, the Royal Government delegate in charge of the Director General of the General Department of Finance and Sub-National ...
Khmer Times Staff
https://www.khmertimeskh.com/501347987/190-municipal-district-administration-implements-sub-national-administrative-investment-fund/
Civil society groups call for speedy resolution of land disputes at new airport
On the occasion of the 37th World Habitat Day, 84 civil society organizations called on the Royal Government to expedite resolve land disputes at New Phnom Penh International Airport in Kandal and Takeo provinces, but government spokespersons considered this proposal as an advocacy because the ...
Nov Sivutha
https://www.postkhmer.com/national/2022-10-04-0843-241741.html
Key features of Cambodia’s new Law on Taxation
The new Law on Taxation was promulgated on 16 May 2023 by virtue of Royal Kram No. NS/RKM/0523/004 (“Law on Taxation”) on an urgent basis and therefore has come into force from 17 May 2023. The Law on Taxation abrogates the old law on taxation ...
Khmer Times Staff
https://www.khmertimeskh.com/501296712/key-features-of-cambodias-new-law-on-taxation/
ADB joint project helps reduce poverty along Tonle Sap River
Asia Development Bank (ADB) along with the International Fund for Agricultural Development (IFAD) under the guidance of the Royal Government has successfully implemented the project to support the poorest communities in the provinces along the Tonle Sap River through the Farmer Livelihood Improvement Association (FLIA), ...
Nhean Chamrong
https://www.khmertimeskh.com/501403667/adb-joint-project-helps-reduce-poverty-along-tonle-sap-river/
Stock Trading to Start Next Month With Water Authority IPO
The Phnom Penh Water Supply Authority (PPWSA) will become the first publicly traded company on the Cambodian Stock Exchange (CSX) when trading begins on April 18, Ming Bankosal the general director of the Securities and Exchanges Commission of Cambodia said yesterday. “We are planning on ...
PM Hun Sen ushers in new dam
Prime Minister Hun Sen on Saturday inaugurated the third in a string of six Chinese-funded hydropower dam projects, offering lavish praise for the superpower as he officially opened the $47 million Kirirom 3 dam in Koh Kong. “I am really pleased for the new ...
http://www.phnompenhpost.com/2013022561590/National/pm-hun-sen-ushers-in-new-dam.html
Asia Rice- Thai Exporters Seek Vietnamese, Cambodian Rice To Meet Deals
Demand for low-quality white rice from African buyers has forced Thai exporters to purchase additional stocks from Cambodia and Vietnam to meet orders because domestic rice is in short supply due to government buying scheme, traders said on Wednesday. The price of 25 per cent broken grade Thai ...
Sides dig in over minimum wage
Unions and the Garment Manufacturers Association in Cambodia (GMAC) are unlikely to walk out of their final minimum wage meeting today with an agreed-upon increase for workers, industry insiders said yesterday. Both parties have reaffirmed their respective positions: GMAC secretary-general Ken Loo said yesterday that “nothing’s ...
http://www.phnompenhpost.com/2013031161866/National/sides-dig-in-over-minimum-wage.html
Rice trade zone to be set up in East
The Department of Foreign Trade plans to set up a “rice trade zone” project in the East to process Cambodian rice for export to other countries. Tikhumporn Natvaratat, deputy director-general of the department, said his organisation plans to implement the project in Chanthaburi, Trat, Sa Kaeo ...
http://www.bangkokpost.com/news/local/342199/rice-trade-zone-to-be-set-up-in-east
Cambodia Listed as a Top Retirement Destination
Cambodia has for the first time made it onto the Global Retirement Index, a yearly list of the world’s top retirement locations. The list, compiled annually for the past 30 years by International Living Magazine, compares countries throughout the world across a range of categories including ...
Simon Henderson
http://www.cambodiadaily.com/news/cambodia-listed-as-a-top-retirement-destination-50319/
Villagers in Land Dispute Detain Workers, Confiscate Equipment
Villagers involved in a land dispute in Battambang province on Monday temporarily detained six men working for an agribusiness firm who were preparing the disputed land to be cleared, residents and police said. The six workers were using mine detectors to check for unexploded ordnance in ...
Kuch Naren
http://www.cambodiadaily.com/news/villagers-in-land-dispute-detain-workers-confiscate-equipment-50594/
‘Big Man rule’ taken to task by UN envoy
UN special rapporteur on freedom of peaceful assembly Maina Kiai, who visited Cambodia two weeks ago, has called on the Kingdom to embrace regular changes in leadership and to take lessons from Africa’s strongman-riddled history, in a column published in Kenya’s Daily Union newspaper on ...
Stuart White
http://www.phnompenhpost.com/national/%E2%80%98big-man-rule%E2%80%99-taken-task-un-envoy
Chinese firm takes over bus service, no bid needed
The Chinese-owned Global (Cambodia) Trade Development company takes over today as Phnom Penh’s new municipal bus operator, although City Hall said Tuesday that the company did not have to go through a bidding process to get the contract. The creation of a permanent public bus system ...
Simon Henderson and Sek Odom
http://www.cambodiadaily.com/news/chinese-firm-takes-over-bus-service-no-bid-needed-53513/
New report sees strong tourism growth
CBRE Cambodia’s latest MarketView report sees strong growth in Cambodia’s international tourism sector, with particularly strong in international arrivals resulting in growth in hotel occupancy rates and durations of stay. According to the May report, international arrivals in 2013 increased 17.5 per cent, to a total ...
Post Staff
http://www.phnompenhpost.com/real-estate/new-report-sees-strong-tourism-growth
Project aims to build latrines in rural areas
A new US$10.9 million grant from the Bill & Melinda Gates Foundation will fund a three-year project by international development NGO East Meets West (EMW) to improve sanitation and hygiene among the poor in rural Cambodia and Vietnam. According to EMW, the program seeks to combat the negative effects of ...
UTCC: Rubber prices won't bounce back
Domestic rubber prices are likely to stay below 120 baht a kilogramme over the next five years due to the sluggish world economic outlook that has sapped demand. The lingering euro-zone debt crisis, weak growth in rubber-using countries and rising production in Asean will continue to ...
http://www.bangkokpost.com/business/economics/308754/utcc-rubber-prices-won-t-bounce-back
Mental Health Sector Severely Underfunded
The mental health sector faces a sever lack of funding that could ultimately undermine Cambodia’s development and the governemnt’s own health care goals, concludes a new report by the human rights law center at Fordham University in New York. In a comparative study on Cambodia’s mental ...
Hun Sen lambasts rights rapporteur
Prime Minister Hun Sen lashed out at the UN’s human rights envoy to Cambodia yesterday, saying Surya Subedi’s latest report skewed too heavily toward the opposition and suggested his talents might be better employed elsewhere. While the premier never mentioned the Nepalese national and Leeds ...