Industries left guessing as Cambodia fails to release customs data for 2017
When government-aligned Fresh News reported on Sunday that bilateral trade between the US and Cambodia had increased to $3.46 billion last year, up more than 8 percent from the year before, they weren’t using Cambodian government data. Nor was the state-run Agence Kampuchea Presse using government ...
Hor Kimsay
http://www.phnompenhpost.com/business/industries-left-guessing-cambodia-fails-release-customs-data-2017
Minister reaffirms government’s commitment to promote press freedom
Minister of Information Khieu Kanharith said the Royal Government of Cambodia (RGC) is always committed to improving the respect of press freedom and freedom of expression as enshrined in the Constitution of the Kingdom of Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501176536/minister-reaffirms-governments-commitment-to-promote-press-freedom/
AMRO forsees stable growth ahead
Cambodia’s economic growth is expected to remain stable this year with inflation rising slightly on increases in the costs of global fuel and food prices, the Asean+3 Macroeconomic Research office (AMRO) concluded following its annual consultation visit to the Kingdom. ...
Kali Kotoski
http://www.phnompenhpost.com/business/amro-forsees-stable-growth-ahead
Sihanoukville’s $294m road revamp nearly finished
The Ministry of Public Works and Transport announced today The 90-percent completion of The rehabilitation of more than 30 roads in Preah Sihanouk in a bid to improve road access and strengThen tourism in The province. ...
Sen David
https://www.khmertimeskh.com/50723961/sihanoukvilles-294m-road-revamp-nearly-finished/
Long-awaited RCEP signing ‘bodes well for economic upturn’
The long-awaited Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) agreement was officially signed yesterday. The signing brings renewed hopes for comprehensive change in The flow of regional trade and investment and The promotion of intra-bloc supply chains capable of bolstering trust among members of The region’s ...
Sok Chan
https://www.khmertimeskh.com/50783043/long-awaited-rcep-signing-bodes-well-for-economic-upturn/
Ministry of Economy to raise $6.8M through sovereign bond issuance
The Ministry of Economy and Finance plans to raise approximately 28 billion riel ($6.8 million) through The issuance of sovereign bonds via The National Bank of Cambodia’s (NBC) online trading platform (NBCP), aiming to garner additional funds from The capital market for public investments. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-to-issue-bonds-worth-28b-for-progress
For ‘police’ vehicles, no tax, no problem
Prime Minister Hun Sen has quashed an attempt by the Ministry of Finance to collect back taxes owed on 470 police vehicles, granting them tax-exempt status after a request from the Ministry of Interior. the request, dated September 8, was approved on Tuesday. ...
Mech Dara and Andrew Nachemson
http://www.phnompenhpost.com/national/police-vehicles-no-tax-no-problem
CSOs urge government to drop internet gateway sub-decree
A joint statement signed by 63 Cambodian civil society organisations (CSOs) released Friday requested the government immediately repeal the recent sub-decree on the Establishment of a National Internet Gateway, citing the potential for restrictions on internet users’ freedoms and privacy. ...
Brian Badzmierowski
https://www.khmertimeskh.com/50816453/csos-urge-government-to-drop-internet-gateway-sub-decree/
MoU signed to strengthen Cambodia’s SME sector
The European Chamber of Commerce and Cambodia Women Entrepreneurs Association (CWEA) have united to promote a sustainable ecosystem for entrepreneurs and SMEs while also boosting Cambodia’s exposure as a foreign investment destination. ...
Mao Sreypich
https://kiripost.com/stories/mou-signed-to-strengthen-cambodias-sme-sector
Financial leniency urged for buyers of boreys, condos
The government on March 22 issued a plea to developers of borey gated-communities and condominiums in Cambodia to ease some of The financial pressure facing customers to pay monthly installments until The end of March 2022, in light of The Covid-19 pandemic. ...
Hin Pisei
https://www.phnompenhpost.com/business/financial-leniency-urged-buyers-boreys-condos
Tonle bassac dredging necessary, say officials
In order to aid waterway transport, sand-dredging – largely banned since a 2011 decree – will soon begin reappearing at dozens of locations along the Tonle Bassac river, a spokesman from the Ministry of Mines and Energy confirmed yesterday. ...
Niem Chheng
http://www.phnompenhpost.com/national/tonle-bassac-dredging-necessary-say-officials
Gov’t misses deadline for new price list
Nearly three weeks after releasing an official price list for basic public services such as the production of passports and ID cards aimed at combating corruption, Interior Ministry officials Monday admitted that the new prices were not yet being applied. ...
Kang Sothear
https://www.cambodiadaily.com/news/govt-misses-deadline-for-new-price-list-82223/
Announcement on the weather forecast in Cambodia
According to the Ministry of Water Resources and Meteorology announcement on 08 November 2020, the tropical depression in the South China Sea is heading west, increasing its impact on the 21st storm named ETAU on 10 November. the storm is forecast to weaken to a ...
Ministry of Water Resources and Meteorology
Unions Want Government, Factories to Resume Wage Talks
The unions behind several days of strikes that turned deadly this month said They will officially ask The Labor Ministry today to resume negotiations on a new minimum wage for The country’s critical garment sector, and said They would hold more street protests if Their ...
Aun Pheap
http://www.cambodiadaily.com/news/unions-want-government-factories-to-resume-wage-talks-50451/
UNESCO list request could help dolphins
The ministries of Agriculture, Forestry and Fisheries, and Environment, as well as The World Wide Fund for Nature Cambodia (WWF Cambodia), will request The Anlong Kampi Irrawaddy dolphin conservation area in Kratie province be added to UNESCO’s World Heritage List. ...
Voun Dara
https://www.phnompenhpost.com/national/unesco-list-request-could-help-dolphins
Elderly call for cash payment health support
Nearly 200 representatives of the elderly in Cambodia called on the government to consider prioritising the provision of cash allowances to the elderly to help address their health-related concerns post-pandemic. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/elderly-call-cash-payment-health-support
E-Commerce Law goes ahead with WB funding
A draft law on e-commerce that would regulate electronic trade in Cambodia will arrive at the Council of Ministers in August, following revision by two other state institutions, officials at the Ministry of Commerce said Wednesday. Orm Dararith, director of the Ministry of Commerce’s legal department, ...
Hul Reaksmey
http://www.cambodiadaily.com/business/e-commerce-law-goes-ahead-with-wb-funding-60518/
Local bond market on the horizon
The government is preparing legislation to regulate The establishment of a corporate bond market that would give local companies a new debt instrument to raise capital for Their operations or expansion. ...
Brian Ng
http://www.phnompenhpost.com/business/local-bond-market-horizon
Government spokesman summons student over Facebook post
Council of Ministers spokesman Phay Siphan has summoned a student from the country’s top state journalism school for a meeting at his office after she used a post on her Facebook page to question the sense of a guest lecture he delivered last week. Mr. Siphan ...
Alex Willemyns and Phorn Bopha
http://www.cambodiadaily.com/news/government-spokesman-summons-student-over-facebook-post-58460/
Firms that list to see tax cut
New and existing companies listed on the Cambodia Securities Exchange (CSX) will have their taxes halved by the Cambodian government, a move that is being labelled as a generous attempt to boost activity on the bourse. the sub-decree, which was signed off by Prime Minister Hun ...
Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/firms-list-see-tax-cut