Memorandum to fight money laundering
The General Department of Taxation (GDT) signed a memorandum of understanding with the Financial Intelligence Unit of the National Bank of Cambodia (FIUNBC) to exchange information on money laundering and the financing of terrorist activities. ...
Sum Manet
http://www.khmertimeskh.com/news/26678/memorandum-to-fight-money-laundering/
Non-taxpayers targeted
The government will not increase the rate for income tax and other taxes for the next two years, but will instead concentrate on expanding the base for tax collection, taking into account that there are still many individuals and businesses that do not pay tax ...
Sok Chan
http://www.khmertimeskh.com/news/30034/non-taxpayers-targeted/
IDEMITSU of Japan to build bio-fuel factory in Cambodia in 2015
A world class Japanese Company, IDEMITSU, will build a bio-fuel factory in Cambodia in 2015, and will commence exploring bio-fuel in Cambodia for the first time in 2017, Mr. Heng Ratana, General Director of Cambodian Mine Action Centre (CMAC) told reporters yesterday. IDEMITSU has been ...
The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjQ3MGQ1NmRlY2R
NBC won’t recognise bitcoin
Cambodia’s central bank won’t recognise bitcoin as a form of payment, making the Kingdom the latest Asian country to reject the digital currency. National Bank of Cambodia director-general Chea Serey confirmed the regulator’s stance on the issue on Wednesday, citing the absence of any e-commerce law ...
Eddie Morton
http://www.phnompenhpost.com/business/nbc-won%E2%80%99t-recognise-bitcoin
Six more offices to open for Thai-bound workers
Passport offices will be set up in six more provinces in an effort to ease the remigration process for Cambodian workers heading back to Thailand, according to a Ministry of Interior official. Mao Chandara, director of the Ministry of Interior’s passport department, said the new offices ...
Phorn Bopha
http://www.cambodiadaily.com/news/six-more-offices-to-open-for-thai-bound-workers-64806/
Cambodian PM holds opposition-backed unions responsible for future factory closures due to strikes
Cambodian Prime Minister Hun Sen said Tuesday that the opposition-aligned unions, inciting garment workers to stage strikes for higher wages, must take responsibilities for any future closures of factories. “The government has worked very hard to attract investors to build factories and has urged manufacturers to ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-02/25/c_133142013.htm
Ministry reiterates holiday pay
The Ministry of Labour has announced that factory managers must allow employees three days off for Khmer New Year, even as some union leaders encourage workers to extend that time. In a letter to factory owners dated March 25, Labour Minister Ith Sam Heng reminds owners ...
Mom Kunthear
http://www.phnompenhpost.com/national/ministry-reiterates-holiday-pay
‘Deforestation plagues ASEAN’
Concentrations of carbon dioxide in the atmosphere have never been higher, but Association of Southeast Asian Nations member countries are still failing to curb emissions created by heavy deforestation, according to a new report. Forest land in ASEAN countries declined by more than 6 per cent ...
Phak Seangly and Laignee Barron
http://www.phnompenhpost.com/national/%E2%80%98deforestation-plagues-asean%E2%80%99
Clarification sought on government’s fraught NGO Law
A request has been sent to the government’s Human Rights Committee and the interior and foreign affairs ministries seeking clarification on the status and whereabouts of a draft law that will govern associations and non-governmental organizations, asking to see the latest version of the law ...
Phorn Bopha and Lauren Crothers
http://www.cambodiadaily.com/news/clarification-sought-on-governments-fraught-ngo-law-52238/
More pre-Angkorian temples found within land concessions
Seven pre-Angkorian temples have been discovered on two land concessions in Preah Vihear province, but while an Environment Ministry official said Tuesday that the ministry had no knowledge of the temples when they granted the concessions, the Culture Ministry said their existence had long been ...
Denise Hruby and Sek Odom
http://www.cambodiadaily.com/news/more-pre-angkorian-temples-found-within-land-concessions-53263/
Cambodia, China's Yunnan province ink deal on information cooperation
Cambodia and China’s Yunnan province signed a Memorandum of Understanding (MoU) here on Monday on media cooperation and exchanges. The deal was inked by Buth Bovuth, chief of the Cambodian Information Ministry’s General Department of Information and Broadcasting, and Wu Jingbo, deputy chief of the Publicity Department of the Communist Party of China’s Yunnan Provincial Committee, with the presence of Cambodian Information Minister Khieu Kanharith and Ge Guangzhi, deputy director of Department No. 6 of the Information office of China’s State Council. ...
People's Daily Online News Staff
http://english.peopledaily.com.cn/n/2014/0922/c90883-8786134.html
Swedish aid agency offers funds for SMEs
Sweden’s development agency will provide $7 million to foster the development of small- and medium-size enterprises (SMEs) in Cambodia, according to state-run news agency AKP. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/swedish-aid-agency-offers-funds-smes
Single visa test-run
A single visa for Thailand and Cambodia is ready for launch 27 December at all of the countries’ consulates and embassies. It is a test phase of a wider project called ACMECS Single Visa (Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy) involving Thailand, Laos, Vietnam, Cambodia, and ...
Families split on offer from Vietnamese firm
Seventy families in Ratanakkiri province have agreed to accept a 100-hectare plot of land, bringing an end to their four-year dispute with a Vietnamese rubber company, but 156 other families refused to settle, officials said Thursday. ...
Aun Pheap
https://www.cambodiadaily.com/news/families-split-on-offer-from-vietnamese-firm-88709/
ASEAN power chiefs to follow up power grid plan
Leaders of ASEAN power utilities and authorities gathered on Thursday to follow up the progress of the ambitious ASEAN power grid action plan, which was set to inter-connect power lines in the 10 ASEAN member states by 2020. Speaking to reporters after the opening ...
http://www.chinadaily.com.cn/world/2013-05/23/content_16525904.htm
Hun Sen Makes More Cuts to Sok An’s Portfolio
Prime Minister Hun Sen signed off on a directive last week to transfer 11 government bodies, previously overseen by Cabinet Minister Sok An, to relevant ministries and institutions, further cutting the expansive portfolio of the deputy prime minister in the wake of July’s national election. ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/news/hun-sen-makes-more-cuts-to-sok-ans-portfolio-46512/
Japan firms link up to offer leasing
Rent Japan Group Inc, a publicly listed Japanese company that specializes in the recycling and reuse of consumer products, will establish a joint venture with a Japanese financial services firm to launch a new leasing company in Cambodia, it said in a filing yesterday to ...
Kali Kotoski
http://www.phnompenhpost.com/business/japan-firms-link-offer-leasing
Senior official hit with corruption complaint
Allegations that a senior government official in the Ministry of Planning stole thousands of dollars have been levelled in a complaint signed by more than 20 officials. But the director of the National Institute of Statistics, San Sy Than, defended Mech Kanthul, claiming the officials ...
Tax collection goes up by 21.6 percent
The government’s tax revenue collection rose to about 21.6 percent in the first five months of this year, compared with the same period last year, with some $708.2 million filling state coffers, according to the Ministry of Economy and Finance’s General Department of Taxation (GDT). ...
Sok Chan
http://www.khmertimeskh.com/news/26024/tax-collection-goes-up-by-21-6-percent/
New weather stations being built in provinces
In an attempt to deliver more accurate weather reporting in the Kingdom, the Ministry of Water Resources and Meteorology has started building 30 additional weather stations throughout the country, according to officials. ...
San Bunsim
http://www.khmertimeskh.com/news/27278/new-weather-stations-being-built-in-provinces/