Government taking inventory of fuel stocks
The Ministry of Commerce is visiting the Kingdom’s petroleum importers to check their inventories following the release of new regulations this week that require the companies to maintain and report their stock levels, a ministry official said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/government-taking-inventory-fuel-stocks
Capital’s income levels set to soar
Phnom Penh’s median household income could swell to surpass the projected level of Bangkok within 15 years if the city’s rapid urbanisation is properly managed through effective policymaking and adequate city planning, according to a new study. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/capitals-income-levels-set-soar
ANZ to remain in local market?
The chief executive of ANZ Royal Bank has denied media reports that the Australian and New Zealand Bank Group (ANZ) is considering pulling the plug on its Cambodian operations amid a planned retreat from the region’s markets. ...
Kali Kotoski
http://www.phnompenhpost.com/business/anz-remain-local-market
Newly elected must declare assets: ACU
The Anti-Corruption Unit (ACU) has demanded that all new commune chiefs and councillors elected at the June 4 local elections submit asset declarations to the unit and reminded those who were re-elected to update their declarations. ...
Andrew Nachemson and Niem Chheng
http://www.phnompenhpost.com/national/newly-elected-must-declare-assets-acu
Government under budget for first half
The government spent far less than half of its approved $5 billion budget for expenditures in 2017 during the first six months of the year, according to a new report by the Ministry of Economy and Finance (MEF). ...
Hor Kimsay
http://www.phnompenhpost.com/business/government-under-budget-first-half
Health Ministry highlights rice wine dangers
The Ministry of Health’s communicable disease control department has produced a short video in advance of next month’s Khmer New Year warning revellers of the dangers of consuming rice wine, which has been linked to multiple deaths. ...
Mom Kunthear
http://www.khmertimeskh.com/50113503/health-ministry-highlights-rice-wine-dangers/
Schools to offer career guidance
As part of ongoing education reforms, a new curriculum set to be implemented in 2018 will address the lack of career counselling in high schools across Cambodia, a Ministry of Education official told attendees of an education forum yesterday. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/schools-offer-career-guidance
Drop ICT tariffs to grow: study
Cambodia could add an additional $320 million to the economy over the next 10 years while increasing tax revenue by $24 million if it dropped its tariffs on information and communication technology (ICT), according to new research published yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/drop-ict-tariffs-grow-study
Migrants still lacking access to justice: ILO
Cambodians who leave the country for work overseas still often lack effective access to the country’s justice system when they have problems with recruitment agencies, despite some recent improvements, a new report from the International Labour Organization says. ...
Leonie Kijewski
http://www.phnompenhpost.com/national/migrants-still-lacking-access-justice-ilo
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
Backlash over island ferry fee in Sihanoukville
Private sector tourism operators claimed yesterday that a new government mandate that charges travelers an additional $2 fee to use ferry services to reach the islands off the coast near Sihanoukville has sparked a furious backlash from domestic tourists. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/backlash-over-island-ferry-fee-sihanoukville
Rumours ‘hurt malaria efforts’
A study of the mass administration of anti-malarial drugs in two provinces of Cambodia has shown the challenges that surface during such interventions, including the spread of “rumours” among villagers, which can decrease participation, new research shows. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/rumours-hurt-malaria-efforts
ADB to launch $60M Labour Ministry program next year
The Asian Development Bank (ADB) is planning to establish a new $60 million program focused on developing local technical skills and increasing the competitiveness of Cambodia’s labour force in 2019, according to Minister of Labour Ith Sam Heng. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/adb-launch-60m-labour-ministry-program-next-year
Survey counts homeless youth
Cambodia’s seven largest urban centres are home to nearly 2,700 homeless adolescents who face numerous health and education-related obstacles, according to a new study by the Cambodian National Institute of Statistics, Columbia University and Friends International. ...
Cristina Maza
http://www.phnompenhpost.com/national/survey-counts-homeless-youth
Ley case accused seeks court delay
A lawyer for Eurth Ang, the man accused of murdering political analyst Kem Ley, has asked for his March 1 trial to be delayed because he has not received the case file or spoken to his new client yet. ...
May Titthara
http://www.khmertimeskh.com/news/35623/ley-case-accused-seeks-court-delay/
Room for growth in innovation
Cambodia lags behind much of the world in terms of innovation, placing last among other countries in Asia despite significant inflows of foreign investment capital that could be used to develop innovative technologies, according to a new report. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/room-growth-innovation
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/
Partnership with US university for better cassava
Agriculture Minister Veng Sakhon met on Monday with visiting US professors W. Ronnie Coffman and Max J. Pfeffer from Cornell University to discuss cooperation in a new project whose purpose is to yield disease-resilient, high yielding cassava. ...
Sok Chan
http://www.khmertimeskh.com/50101289/partnership-us-university-better-cassava/
Sar Kheng says CNRP stole ‘national rescue’
Interior Minister Sar Kheng yesterday lamented the phrase “national rescue” had been co-opted by the opposition party and their new movement – which he claimed could “become ISIS” – because the concept of “national salvation” belonged to the ruling party. ...
Soth Koemsoeun and Erin Handley
http://www.phnompenhpost.com/national/sar-kheng-says-cnrp-stole-national-rescue
Kingdom’s list of certifications grows to 868
The Institute of Standards of Cambodia developed 63 new standards last year, bringing the total number of certifications available from the government to 868, though one industry representative said the system still needed improvement in order to facilitate exports. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/kingdoms-list-certifications-grows-868