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Cambodia Post launches e-payment, money transfer app

In a bid to modernise its offer of services, Cambodia Post, the state agency responsible for providing postal service in the Kingdom, on Friday unveiled a new application that enables electronic payments for a range of services as well as money transfers. ...

Sok Chan
https://www.khmertimeskh.com/50499269/cambodia-post-launches-e-payment-money-transfer-app/

Tax change to benefit employees

The government’s tax collection body has extended the fringe benefit tax exemption to several new industries, removing the 20-percent tax that employers were previously required to pay on the benefits they offered to their workers. ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/tax-change-benefit-employees

Striking Workers Refuse Government Offer in Wage Dispute

Union leaders and striking workers on Wednesday said they would not agree to a minimum wage of $100 per month and would continue demonstrations until a higher wage is set. Government officials say they are willing to raise the minimum wage from $80 to $100 ...

Kong Sothanarith
http://www.voacambodia.com/content/striking-workers-refuse-government-offer-in-wage-dispute/1821569.html

New local carrier to launch flights

A new local airline is applying to fly in Cambodia, according to aviation officials, at a time when the market is monopolised by national flag carrier Cambodia Angkor Air and a handful of carriers offering chartered routes. Royal Spirit Airlines last Friday met with the State ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/new-local-carrier-launch-flights

New local products campaign

The Federation of Associations for Small and Medium Enterprises of Cambodia (FASMEC) will launch its “Selling Cambodian Products” campaign throughout the country early next year to boost the sale of local products and reduce imports, the organization’s president said yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/30667/new-local-products-campaign/

Villagers Dig for Treasure as Gold Fever Hits Takeo Province

a gold rush came to Angkor Borei district over the weekend, with dozens of villagers trying their hand at treasure hunting after word got out that there was gold to be found in the soil of a newly dug road in Prek Phtorl commune. The area ...

Cassava prices hit a new low

Cassava prices in Cambodia experienced a sharp drop this month leading to heavy losses for smallholder farmers unable to quickly switch to more profitable crops and recoup their mounting losses, a provincial agriculture official said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/cassava-prices-hit-new-low

Cambodia bets on Saemaeul movement to spur rural reform

With agriculture still the mainstay of its economy, Cambodia is seeking to reform rural communities in partnership with Korea to shore up residents’ livelihoods and boost grain exports. The Southeast Asian country is seeking to follow in the footsteps of the “Saemaeul Undong,” or New Community ...

Shin Hyon-hee
http://www.koreaherald.com/view.php?ud=20141109000243

Cambodia eyes solar future for rural power

Cambodian officials yesterday touted the potential for green energy to meet its goal of bringing electricity to 100 percent of households by 2020. The Kingdom was looking to develop solar energy, small-scale hydropower and biomass-fuelled power to meet the target, said Ministry of Industry, Mines and ...

http://www.phnompenhpost.com/index.php/2011072950712/Business/cambodia-eyes-solar-future-for-rural-power.html

South Korea eyes new investments

The Cambodia Chamber of Commerce and the Korea International Trade Association have announced a partnership to bring more South Korean investors to Cambodia. ...

Sum Manet
http://www.khmertimeskh.com/news/37317/south-korea-eyes-new-investments/

New look at Vichea murder

Phnom Penh Municipal Court has reopened an investigation into the high-profile slaying of union leader Chea Vichea in 2004, a court official said yesterday. Prosecutor Sok Roeun said the court’s head prosecutor began reinvestigating the case early last month in response to an order from the ...

Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/new-look-vichea-murder

With Just One Party Present, King Convenes New Parliament

King Norodom Sihamoni presided over a nearly half-empty opening session of the National Assembly on Monday as all 55 elected lawmakers of the opposition CNRP followed through with their threat to boycott parliament to protest disputed results of July’s national election. Analysts and election monitors ...

Zsombor Peter and Hul Reaksmey
http://www.cambodiadaily.com/elections/with-just-one-party-present-king-convenes-new-parliament-43033/

Government rolls out new agriculture policy

The Ministry of Agriculture on Tuesday released a draft policy to strengthen the agriculture sector by educating farmers on how to gain greater access to markets and increase their productivity by using sustainable farming methods. The Agriculture Extension Policy, drafted in cooperation with USAID, aims to ...

Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/government-rolls-out-new-agriculture-policy-65282/

Monitors Question Casino Building New Election Body Office

Election monitoring groups are questioning the National Election Committee (NEC) recent decision to let a Phnom Penh casino fund its new multi-million dollar headquarters, a move they said would cast further doubt on the body’s independence. NagaCorp, the owner of Phnom Penh’s only licensed casino, NagaWorld, ...

Oversupply leads to a fall in pork prices

Pig prices in Cambodia have fallen by 18 percent in the past three months due to a massive oversupply of pork in the country, an official at the Cambodian Pig Raisers Association said yesterday. The reason for the oversupply is twofold: Thailand increased its pig exports ...

Factories create 12,000 new first-quarter jobs

Forty factories were registered during the first three months of the year, creating over 12,000 jobs, according to new data by the Ministry of Industry and Handicraft. ...

Post Staff
http://www.phnompenhpost.com/business/factories-create-12000-new-first-quarter-jobs

Tourist numbers surge nationwide over new year

The number of tourists visiting provinces during the four days of Khmer New Year jumped 7.6 percent from last year as infrastructure, transport links and the number of nature resorts rise. ...

Sok Chan
http://www.khmertimeskh.com/news/23912/tourist-numbers-surge-nationwide-over-new-year/

Royal Group affirms its commitment to ANZ

Local conglomerate Royal Group said Tuesday that while it is committed to its partnership with Australia-based ANZ bank, it would entertain selling its stake in ANZ Royal Bank for “a very high offer.” “The Royal Group would like to clarify that it is a strong and ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/royal-group-affirms-its-commitment-to-anz-54904/

Phnom Penh job fair offers 4,500 openings

The National Employment Agency (NEA) under the Ministry of Labour and Vocational Training, in collaboration with the Union of Youth Federations of Cambodia (UYFC), organised a two-day job fair and career guide, with a total of 4,500 job opportunities from 25 companies. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/phnom-penh-job-fair-offers-4500-openings

Construction of new airport planned for 2014

After being delayed twice, construction of the New Siem Reap International Airport (NSRIA) is expected to start in early 2014, a senior government official said yesterday. Tek Reth Samrach, chairman of the NSRIA steering committee, said a detailed plan must be completed by the airport’s two ...

Chan Muy Hong
http://www.phnompenhpost.com/business/construction-new-airport-planned-2014

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