Cambodia collects $1.8 billion in Tax Income for first 5 months of this year
The General Department of Taxation (GDT) of the Ministry of Economy and Finance collected over $1.8 billion worth tax income in the first five months of this year, about 51 percent against the annual target. ...
Khmer Times Staff
https://www.khmertimeskh.com/501309834/cambodia-collects-1-8-billion-in-tax-income-for-first-5-months-of-this-year/
Preah Vihear villagers reject offer
The provincial government in Preah Vihear is pushing ahead with a compensation and housing scheme for villagers whose existing homes are in the way of a cultural preservation area near the province’s famous 11th-century temple. But the villagers are reluctant to accept the package, saying the ...
Sen David
http://www.phnompenhpost.com/national/preah-vihear-villagers-reject-offer
75 NGOs seek resumption of talks on LANGO amendments
Seventy-five NGOs have asked the government to resume negotiations with civil society organisations on the draft LANGO amendment, which are in limbo, in order to speed up the process. ...
Ry Sochan
https://www.khmertimeskh.com/50757347/75-ngos-seek-resumption-of-talks-on-lango-amendments/
No clubs near schools, Council of Ministers says
The Council of Ministers on Friday passed a sub-decree on the management of adult entertainment clubs and a draft of a new national housing policy to promote home ownership, a cabinet official said. The new Sub-Decree on Management of Adult Entertainment Places, consisting of 25 articles, ...
Kuch Naren
http://www.cambodiadaily.com/news/no-clubs-near-schools-council-of-ministers-says-58464/
New Futuristic Tuk-Tuks Arrive on the Streets of Phnom Penh
Most tuk-tuk drivers have to continuously vie with each other to attract tourists’ attention, but Oung Hour gets it without even trying. As he stands on the sidewalk near the riverside, groups of tourists point at his bright mustard-yellow tuk-tuk, its smooth fiberglass body shaped like ...
Emily Wilkins and Sek Odom
http://www.cambodiadaily.com/news/new-futuristic-tuk-tuks-arrive-on-the-streets-of-phnom-penh-52616/
Press release on the exchange of notes on the extension of Japanese grant aid to Cambodia
On 05 June, the Ministry of Foreign Affairs and International Cooperation issued a press release on the Exchange of Notes on the extension of Japanese Grant Aid to Cambodia. His Excellency Deputy Prime Minister PRAK Sokhonn, Minister of Foreign Affairs and International Cooperation, and His ...
Ministry of Foreign Affairs and International Cooperation
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/
New loan agreement standard for financial industry breeds debate
A “Standard of Loan Agreement” for the financial sector is under preparation, and institutions are expected to begin adopting its principles by June. But insiders and observers have expressed differing views on the precise provisions of the instrument, its potential effects on market competition, and ...
Rann Reuy
https://www.phnompenhpost.com/business/new-loan-agreement-standard-financial-industry-breeds-debate
Firm to Offer Financing for Motorcycles
Thailand’s GL Finance Plc. launched its business in Cambodia on Friday by opening eight branches in Phnom Penh and Kandal province that will operate hire purchase operations out of Honda motorcycle dealership. Speaking during the opening ceremony for its branch in Phnom Penh’s Prampi Makara district, ...
Forestry revenues falling short
Rights groups have called on the government to increase tax rates for logging companies amid the latest domestic revenue figures. According to the Ministry for Agriculture, Forestry and Fisheries, timber exports produced $9.4 million in government tax revenue during the first half of the year, up ...
Chan Muyhong
http://www.phnompenhpost.com/business/forestry-revenues-falling-short
Clinic aids families cut off by flooding
Families driven from their homes in Banteay Meanchey province by flooding can now receive nearby healthcare, after a clinic opened near an evacuation area over the weekend. The makeshift clinic, set up by the provincial government, makes available medicine and care to about 100 families living ...
http://www.phnompenhpost.com/national/clinic-aids-families-cut-flooding
Deadline for online business registration now extended to July
Uncertainty over business conditions and the impact of the spread of Covid-19 has prompted the Ministry of Commerce to postpone the issuing of fines until July for online business owners who are late to apply for e-commerce permits or licences. ...
Hin Pisei
https://www.phnompenhpost.com/business/deadline-online-business-registration-now-extended-july
Government Amends Anti-Money Laundering Law
The Council of Ministers on Friday approved a draft law amending three articles in the law on anti-money laundering and the financing of terrorism in order to make Cambodia more investment-friendly. Last month, the National Bank of Cambodia’s Financial Intelligence Unit (FIU), law enforcement officials ...
PM appeals for the end of lax standards
While offering no concrete solutions to the issue, Prime Minister Hun Sen yesterday appealed for graduating engineers to be aware of generally lax building standards that could have a long-term impact on public safety. Much of Cambodia’s infrastructure was redeveloped after the civil war, and ...
May Titthara
http://phnompenhpost.com/national/pm-appeals-end-lax-standards
State-secrets law to be sent to council of ministers soon
A draft law to protect state secrets has been in the works for more than two years and could be submitted to the Council of Minister for review in two months’ time, a senior police official said yesterday. ...
Chris Mueller
https://www.cambodiadaily.com/news/state-secrets-law-to-be-sent-to-council-of-ministers-soon-77897/
Rein in credit, warns IMF
In light of global predictions of a slowdown in economic markets, led largely by China’s slackening growth, the International Monetary Fund (IMF) yesterday offered Cambodia advice on short and longer term measures to help maintain growth. It also warned that the country’s rapid credit growth ...
May Kunmakara
http://www.khmertimeskh.com/news/31763/rein-in-credit--warns-imf/
Unions to request litany of changes to draft law
A group of five unions plans to send a petition to the Ministry of Labor on Friday requesting a number of changes in the controversial draft union law. Speaking at a conference in Phnom Penh yesterday, Cambodian Confederation of Unions President Rong Chhun detailed the requests ...
Cambodian PM urges Chinese to invest in agricultural processing plants
Cambodian Prime Minister Hun Sen on Monday urged Chinese companies to focus their investments in processing plants for agricultural products in order to help increase the country’s productivity for exports. The premier made the suggestion during a meeting with a visiting Chinese delegation led by Wang ...
Xinhuanet News
http://news.xinhuanet.com/english/china/2013-10/28/c_132836976.htm
Water plan for schools on tap
At nearly half of the Kingdom’s primary schools, students have to make a daily choice between drinking contaminated water or going thirsty, a dilemma the government hopes to soon banish with new minimum sanitation and safe water standards. The guidelines, which have yet to be finalised ...
Laignee Barron
http://www.phnompenhpost.com/national/water-plan-schools-tap