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MEF to step up public financial efficiency

The Ministry of Economy and Finance (MEF) and the development partners recently reviewed the implementation process of the revenue collection strategy along with the non-tax revenue management reform and the state property management policy to strengthen pubic financial efficiency and sustainability. ...

Nhean Chamrong
https://www.khmertimeskh.com/501512178/mef-to-step-up-public-financial-efficiency/

MEF to step up public financial efficiency

The Ministry of Economy and Finance (MEF) and the development partners recently reviewed the implementation process of the revenue collection strategy along with the non-tax revenue management reform and the state property management policy to strengthen pubic financial efficiency and sustainability. ...

Nhean Chamrong
https://www.khmertimeskh.com/501512178/mef-to-step-up-public-financial-efficiency/

Ministry reports slow progress in indigenous community recognition

Ministry of Rural Development spokesman Pit Karuna stated that the ministry has collected data on 455 indigenous communities across the country, of which 194 have been assessed and officially identified. ...

Phak Seangly
https://www.phnompenhpost.com/national/ministry-reports-slow-progress-in-indigenous-community-recognition

Report shows lack of information on Chinese-Funded Railway

With locals demanding dialogue with the Chinese firms behind a proposed multibillion dollar rail line to Preah Vihear province, an NGO report released yesterday highlights the dearth of information that has been made available on the project. Chinese company Cambodia Iron Steel Mining Industry Group (CISMIG) ...

http://www.cambodiadaily.com/news/report-shows-lack-of-information-on-chinese-funded-railway-12723/

Hun Sen in Tokyo for Meeting With Japanese Prime Minister

Prime Minister Hun Sen was scheduled to meet with Japanese counterpart Shinzo Abe in Tokyo on Sunday, a day after Japan and the member states of Asean agreed to ensure “freedom of overflight” in the region. The agreement will likely be taken as an affront by ...

Phorn Bopha and Zsombor Peter
http://www.cambodiadaily.com/news/hun-sen-in-tokyo-for-meeting-with-japanese-prime-minister-49350/

Baby formula brands place profit above health

Dara Raksmey, the owner of a pharmacy of the same name on Phnom Penh’s Street 294, keeps a record of every can of Dumex baby formula she sells. “If you buy six large cans you get a scooter and if you buy 12 large cans you ...

Ouch Sony and George Wright
http://www.cambodiadaily.com/news/baby-formula-brands-place-profit-above-health-58635/

Illegal Fishing, Molotov Cocktails, A Daring Escape

The State Department on Tuesday cited abuses in Thailand’s huge fishing industry as part of an annual worldwide report on Trafficking in Persons. The report noted that men from Cambodia and Myanmar, also known as Burma, are trafficked aboard Thai ships and forced to work ...

http://www.npr.org/2012/06/20/155048186/illegal-fishing-molotov-cocktails-a-daring-escape

Kingdom takes steps to attract milled-rice buyers

A nationwide survey was under way by the Ministry of Commerce’s Rice Exporter Union to measure Cambodia’s milled-rice industry in order to give international buyers an accurate picture of the Kingdom’s current capacity, insiders said yesterday. Although data for the survey was still being collected, those ...

http://www.phnompenhpost.com/index.php/2011122853646/Business/kingdom-takes-steps-to-attract-milled-rice-buyers.html

Thailand’s gem industry may move to Cambodia

Cambodia could overtake Thailand’s gem export market to the United States within five years, officials said yesterday. Thailand’s growing economic status could soon disqualify it for tax exemption when exporting gems to the US market, but Cambodia’s standing as a Least Developed Country would allow it ...

http://www.phnompenhpost.com/index.php/2012030654866/Business/thailands-gem-industry-may-move-to-cambodia.html

Union lands court KO

In a landmark ruling, the Siem Reap Municipal Court yesterday ordered a luxury hotel to reinstate 67 sacked workers – a legally binding decision that unionists have hailed as a great moment for the judicial system. The decision comes after more than two months of protests, ...

http://www.phnompenhpost.com/index.php/2011102752392/National-news/union-lands-court-ko.html

Camintel to join mobile scramble

A ninth telecoms operator would enter the Cambodian market next year, officials said yesterday, surprising insiders who claimed the sector was already overcrowded. Camintel, a joint Cambodian state- and Korean-owned company, would offer mobile services in 2012, CEO Kang Namkook said yesterday at a telecommunications conference ...

http://www.phnompenhpost.com/index.php/2011102752377/Business/camintel-to-join-mobile-scramble.html

Minister directs mock trading; launch unclear

Finance Minister Keat Chhon joined officials of the Cambodia Securities Exchange (CSX) yesterday to conduct another day of mock trading of stocks ahead of the still-unknown launch of actual operations at the bourse, which opened in July but has yet to see a single stock ...

Dwindling water supplies put dry-season rice haul in danger

Dry-season rice farmers in some areas west of the Tonle Sap River and in eastern provinces are appealing to the government for help as the reservoirs they rely on for irrigation are drying up faster than usual, farmers and officials said yesterday. Officials at the ministries ...

http://www.phnompenhpost.com/index.php/2012012754188/National-news/dwindling-water-supplies-put-dry-season-rice-haul-in-danger.html

Asean Leaders Say Sanctions on Burma Should Be Lifted—Now

Asean leaders urged the lifting of economic sanctions against Burma, while the Burmese president made his first public statement on the nation’s recent by-elections, calling them “very successful” at the Asean Summit in Phnom Penh yesterday. “Asean has consistently spoken of lifting sanctions, but now, more ...

Indonesia, Philippines Skip Civil Society Meeting

Some of Southeast Asia’s most acute problems were left unmentioned yesterday when government-sanctioned civil society groups met with Asean leaders at the regional bloc’s summit in Phnom Penh. NGOs from eight of the 10 Asean states attended the meeting, but the Indonesian delegation pulled out, complaining ...

US Embassy: Chinese trade does not help like the West’s

The US Embassy in Phnom Penh on Friday said relations between China and Cambodia did not create jobs or help industry when compared to the trade between the Kingdom and the US. “About 87 per cent of trade [with China] are Chinese imports, which do ...

Long Kimmarita
https://www.phnompenhpost.com/national/us-embassy-chinese-trade-does-not-help-wests

Drop journalists’ ‘espionage’ charges, urges rights group

Human Rights Watch (HRW) issued a statement on Wednesday urging Cambodian authorities to drop espionage charges which it deemed politically motivated against two former Radio Free Asia (RFA) journalists and free them of court supervision. But Ministry of Justice spokesman Chin Malin dismissed the statement ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/drop-journalists-espionage-charges-urges-rights-group

Cambodia must recognise urgency of developing skilled workforce

The structural economic issues facing the Kingdom will need greater institutional collaboration, according to Vongsey Vissoth, Permanent Secretary of State at the Ministry of Economy and Finance, who sees a lack of economic diversification and competitiveness as key issues to overcome. ...

Gerald Flynn
https://www.khmertimeskh.com/50658956/cambodia-must-recognise-urgency-of-developing-skilled-workforce/

Money launderer’s dream

Cambodia’s anti-money laundering agency is unable to investigate or penalise financial institutions that break the law, leaving the country open to exploitation by organised crime, according to a senior official in the unit.The Financial Action Task Force (FATF) – the top international anti-money laundering and ...

Daniel Pye
http://www.phnompenhpost.com/national/money-launderers-dream

PM urges US to drop tariffs

Prime Minister Hun Sen urged policymakers in Washington to expand its preferential treatment of goods imported from least-developed countries (LDCs) including Cambodia by increasing the amount of goods permitted duty- and quota-free access to the US market.“Cambodia would like to request that the US provide ...

Cam McGrath and Sor Chandara
http://www.phnompenhpost.com/business/pm-urges-us-drop-tariffs

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