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Another tax incentive to entice companies to CSX

In a bid to encourage companies to list on Cambodia’s beleaguered stock exchange, a new prakas released today will allow businesses to delay their monthly prepayment of tax on profit to the end of the year, according to an announcement on the Cambodia Securities Exchange. ...

Ananth Baliga
http://www.phnompenhpost.com/business/another-tax-incentive-entice-companies-csx

Ministry defends pro-CPP speech at university

The Education Ministry on Monday defended a pro-CPP speech delivered to some 1,500 students at a university in Phnom Penh on Sunday, reasoning that the school did not breach the ministry’s new directive against political activity at academic institutions because classes had finished for the ...

Aun Chhengpor
https://www.cambodiadaily.com/news/ministry-defends-pro-cpp-speech-at-university-93048/

Ministry to build four quarantine centres

The Ministry of Health plans to build four new quarantine centres in an area about one hectare in size. ...

Khann Chanvirak
https://www.khmertimeskh.com/50759071/ministry-to-build-four-quarantine-centres/

Government issues strategies for reopening

An inter-ministerial committee has released several strategies for the reopening of educational institutions in the new academic year 2020-2021. ...

Va Sonyka
https://www.khmertimeskh.com/50752692/government-issues-strategies-for-reopening/

Kingdom’s development funding trending to domestic financing

Cambodia is fronting more money for its own development financing according to a new report from the United Nations Development Programme (UNDP). ...

Michael Firn
https://www.khmertimeskh.com/50896696/kingdoms-development-funding-trending-to-domestic-financing/

Collective Investment Scheme: How it works

The Collective Investment Scheme or CIS – an important source of financing for large development projects – is relatively new in Cambodia ...

Post Staff
https://www.phnompenhpost.com/financial/collective-investment-scheme-how-it-works

Vietnam President’s Cambodia visit to boost bilateral ties

President Nguyen Xuan Phuc’s visit to Cambodia from today and Wednesday affords both sides a chance to discuss major orientations and measures to further boost bilateral ties in the new period. ...

Khmer Times Staff
https://www.khmertimeskh.com/50992305/vietnam-presidents-cambodia-visit-to-boost-bilateral-ties/

Cambodia nets $1.2 billion investments in August

The Council for Development of Cambodia (CDC) approved 53 new projects worth $1.2 billion in August, generating approximately 33,000 jobs for the local people, said a report yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501555835/cambodia-nets-1-2-billion-investments-in-august

Approved Invvestments in May Reach $110 Million

15 new projects worth a total of $110 million have been approved by Cambodia’s investment board in May. The Council for Development of Cambodia has approved two rubber plantations worth $60 million. Cin Qian Investment Co, a Chinese firm, has been approved for developing a ...

Cambodia’s inflation up over 5% in February

Prices in Cambodia rose 5.4 per cent year-on-year in February, as fuel costs continued to push inflation higher, according to data from the National Institute of Statistics released yesterday. Foodstuffs, however, saw declines following demand that was driven by Chinese New Year, though paddy prices were ...

http://www.phnompenhpost.com/index.php/2012031655055/Business/cambodias-inflation-up-over-5-in-february.html

Concerns over construction safety

The government earlier this week announced the creation of a national committee tasked with improving safety standards on construction sites and ensuring the welfare of labourers. In an attempt to curb construction site accidents, the Labour Ministry on Monday said that the new national committee ...

Sen David
https://www.khmertimeskh.com/50512989/concerns-over-construction-safety/

Cambodia to be vice-president of UNGA

Cambodia has been elected as one of the vice-presidents of the 73rd session of the United Nations General Assembly in New York. The Foreign Affairs Ministry said yesterday that the UN has elected Cambodia and 15 other countries to serve as vice-presidents of the UNGA. ...

Ven Rathavong
https://www.khmertimeskh.com/50498656/cambodia-to-be-vice-president-of-unga/

Angkor finds gold-in-soil anomaly

Angkor Gold Corp reported the discovery of a new gold-in-soil anomaly at Angkor’s Koan Nheak license in Cambodia, according to the company’s statement released last week. The anomaly extends over 700 metres from north to south, and up to 300 metres east to west. ...

Sum Manet
https://www.khmertimeskh.com/50521746/angkor-finds-gold-in-soil-anomaly/

Minister pushes the implementation of agriculture policy

The Agriculture Minister, Veng Sakhon, last week urged officials to work harder in the implementation of the country’s new agriculture development policy. During a meeting last week, Mr Sakhon told officials the goal of the agricultural development policy is to bolster the development of the ...

Sok Chan
https://www.khmertimeskh.com/50534165/minister-pushes-the-implementation-of-agriculture-policy/

Sonando sets sights on Kampuchea Krom

Popular radio station owner Mam Sonando on Wednesday hosted the first congress of his new Beehive Social Democratic Party, during which he was elected president and made promises including meal discounts for soldiers and the return of southern Vietnam to Cambodia should his party win ...

Khuon Narim
https://www.cambodiadaily.com/news/sonando-sets-sights-on-kampuchea-krom-93792/

Shinhan Bank opens 5th branch in Cambodia

Shinhan Bank announced on Dec. 23 that it has opened a new branch in Steng Min Chey, an emerging developing area in Phnom Penh, in order for Shinhan Khmer Bank, a subsidiary of Shinhan Bank in Cambodia, to accelerate its business in the country. ...

Jung Suk-yee
http://www.businesskorea.co.kr/english/news/industry/13395-140th-international-network-node-shinhan-bank-opens-5th-branch-cambodia

Latest malaria drug resistance sparks fears

A new study by the U.S. National Institutes of Health (NIH) has confirmed that resistance is growing to one of the key drugs being used to fight malaria in Cambodia, a situation likely to worsen and which could lead to a growing caseload in the ...

Zsombor Peter
https://www.cambodiadaily.com/news/latest-malaria-drug-resistance-sparks-fears-104930/

In Phnom Penh, a looming sewage crisis

Renderings of Casa Meridian, a new condominium complex, suggest that its wealthy buyers are investing in a glistening 414-unit skyscraper overlooking a placid, ocean-blue body of water surrounding Koh Pich island, which is sprouting a number of luxury towers developed by the Overseas Cambodian Investment ...

Ben Paviour
https://www.cambodiadaily.com/news/111364-111364/

National bank to receive support from IFC

The International Finance Corporation (IFC) signed a Memorandum of Understanding with the National Bank of Cambodia (NBC) yesterday in a move that officials are predicting will usher in a new era of responsible corporate governing practices, transparency, financial risk management and public confidence in the ...

May Kunmakara
http://www.khmertimeskh.com/news/24858/national-bank-to-receive-support-from-ifc/

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