Gov’t to raise 20% more tax revenue
As part of efforts to achieve a sound macroeconomy, the government plans to increase the revenue raised from taxation and customs and excise by more than 20 per cent next year. The 2020 national budget law approved on Tuesday targets a 28.1 per cent increase in ...
May Kunmakara
https://www.phnompenhpost.com/business/govt-raise-20-more-tax-revenue
Supplier of Gap in Spotlight
Workers striking at Ocean Garment factory say they still fear for their safety after being ordered back to work on Friday, where a manager accused of sexual harassment continues to work. More than 2,500 workers at the Phnom Penh factory – which supplies retail giant Gap ...
Ocean Garment Workers Occupy Factory
About 2,000 workers at Ocean Garment factory continued their ongoing strike yesterday by staging a sit-in on the premises of the factory in support of five union leaders facing prosecution for their role in recent protests. Workers began the sit-in yesterday after rumors spread that ...
PM will hand-deliver titles
Prime Minister Hun Sen will personally deliver land titles to residents in Kratie province’s Snuol district on September 21 following the completion of the land measuring mission by volunteer youth there. According to the premier’s order, land titles have been granted in three forms of ...
http://www.phnompenhpost.com/index.php/2012090558506/National-news/pm-will-hand-deliver-titles.html
Spike in Mekong River Fishing Could Harm Dolphins
There has been an ioncrease in fishing activity in the dolphin conservation zones along the Mekong River in Kratie and Stung Treng provinces, putting pressure on the critically endangered Mekong dolphin population, the chairman of the Commission for Mekong River Dolphin Conservation and Eco-tourism Development said yesterday. Touch ...
The Week at the CSX - Sept 6-12, 2012
The price of Phnom Penh Water Supply Authority stock over the Sept 6-12 period fluctuated between KHR 6,350 (US $1.57 and KHR 6,300 (US $1.55). The price on Sept. 6, KHR 6,350 fell to KHR 6,300 (US $1.58) on Sept 7 and remained there ...
Villagers along Cambodia's Tonle Sap Lake Livelihood Threatened
Villagers on Tonle Sap Lake in Cambodia, who depend on fishing for subsistence, say their livelihoods are threatened by illegal commercial fishing, which continues after a government ban. And they say authorities in charge of enforcing the ban are being bribed to look the other ...
Commune Vote Predictable, but Margins Less So
With Sunday’s commune elections quickly approaching, the five main political parties are all predicting substantial gains over how they faired in the last election in 2007, though none deny that the ruling Cambodian People’s Party (CPP) will continue to dominate the polls. And with the entrance ...
Study Finds Land Concessions of No Benefit
Government-issued economic land concessions are making the country’s indigenous communities in the northeast provinces worse off, according to a study by the Mekong Institute of Cambodia. Presented yesterday at the 2012 Development Research Forum in Phnom Penh, the study comes on top of mounting criticism of ...
Dozens sentenced in forest-clearing ring
Phnom Penh Municipal Court yesterday sentenced 28 people – including several government officials – to between two and five years in jail on charges of clearing state-protected flooded mangrove forest in Kampong Thom province in July of 2012. Presiding Judge Keo Mony said that Cheath Sivutha, ...
http://www.phnompenhpost.com/2013011860868/National/dozens-sentenced-in-forest-clearing-ring.html
Property Prices See First Rise Since 2009
Property prices in Phnom Penh are rising for the first time since 2009, growing by as much as 10 percent in some areas of the capital during the first quarter of the year, real estate experts said yesterday. After years of stagnation in the property sector ...
Garment Workers Rally for Third Day to Sack Factory Manager
More than 2,00 female workers from a factory in Phnom Penh that makes clothes for the U.S. brand Gap protested yesterday for a third straight day demanding that the firm sack a manager at the factory for allegedly abusing workers. Lining Russian Boulevard near the Ocean ...
High Costs Cripple Trading Firms, Report Says
Import and export companies in Cambodia believe that high costs stemming from burdensome bureaucracy and poor infrastructure are putting them at a disadvantage compared to other firms transporting goods in the region, according to a recently released report by the Asian Development Bank. Surveying 39 export companies from the ...
Disputed land to be returned to villagers
More than 8,000 hectares of land was cut from economic and forest land concessions owned by some of the country’s biggest tycoons and awarded to villagers last month, according to documents from the Council of Ministers. Four sub-decrees signed by Prime Minister Hun Sen order that ...
http://www.phnompenhpost.com/2013012160890/National/disputed-land-to-be-returned.html
Cambodian, Chinese entrepreneurs meet to seek business chances
The 2013 China’s Zhejiang and Cambodia matchmaking symposium was held here on Tuesday to seek opportunities to expand business ties between China and Cambodia. Gong Zheng said the Chinese firms are doing businesses in the fields of agriculture, infrastructure development, construction and real estate, mineral ...
http://news.xinhuanet.com/english/china/2013-03/05/c_132210667.htm
Rice Farmers Struggle Despite Production Growth
High production costs and a lack of government assistance is keeping rice farmers near the poverty line despite unprecedented growth in the sector, according to a new study released by local microfinance institution Intean Poalroath Rongroeurng (IPR). The independent study, conducted by two Cambodian researchers ...
Preah Vihear villagers protest soldiers' SLC
Villagers who allege authorities and armed forces in Preah Vihear province have been burning their houses and clearing farmland of 400 families, to create a social land concession, protested yesterday, calling on intervention from Prime Minister Hun Sen. The 5,557-hectare SLC in Kulen district’s Srayang village ...
Opposition urges China checks
Prime Minister Hun Sen has called investors from China’s Anhui province to invest in numerous sectors across Cambodia in an effort to spur two-way trade between the Kingdom and China in order accomplish their joint target of US$5 billion in trade by 2015. Meanwhile, Cambodia’s opposition party ...
http://www.phnompenhpost.com/index.php/2012081758136/Business/opposition-urges-china-checks.html
Tiffany to polish diamonds
Luxury jewellery brand Tiffany & Co is building a diamond-polishing factory in Phnom Penh, as the company, which has enjoyed increasing sales, seeks to ensure it can continue supplying the diamonds it needs. Construction began last month on the 1.2-hectare factory, along with a training centre, ...
http://www.phnompenhpost.com/2013041064983/Business/tiffany-to-polish-diamonds.html
Facing Chinese Dam, Monks Fight for Temple
Monks residing in Koh Kong’s remote Areng Valley have begun raising funds online to renovate their local temple, despite plans in store for a large Chinese backed hydropower dam that would leave the site completely inundated. The 108-MW hydropower dam, to be built by ...
Kuch Naren and Kene-Hern Chen
http://www.cambodiadaily.com/news/facing-chinese-dam-monks-fight-for-temple-31987/