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Cambodia on alert for US taxpayers

With the Internal Revenue Service (IRS), the tax-collection arm of the United States government, stepping up its global sweep to catch American individuals and corporations hiding their overseas earnings, the American Chamber of Commerce in Cambodia yesterday held a presentation for investors and financial institutions ...

Kali Kotoski
http://www.phnompenhpost.com/business/cambodia-alert-us-taxpayers

Education ministry starts anti-tobacco campaign

The Ministry of Education, Youth and Sports – in collaboration with partner organisations – has launched a campaign to push for the banning of advertisements and the sale of tobacco products at public and private educational institutions.   ...

Voun Dara
https://www.phnompenhpost.com/national/education-ministry-starts-anti-tobacco-campaign

Climate Change Poses Major Threat to Cambodia’s Rural Poor

The Cambodian economy faces major problems for its predominantly rural population in the event of more erratic climate shifts, according to the United Nations Development Programme’s 2011 Cambodian Human Development Report. “This is an agrarian economy that depends very much on weather. And we are among the ...

http://www.economywatch.com/in-the-news/climate-change-poses-major-threat-to-cambodias-rural-poor.01-09.htm

Cambodia sees sharp rise in trade volume with its neighbors last year

Cambodia has seen a remarkable rise in trade volume with its neighboring Vietnam and Thailand in 2012, official statistics showed on Friday. The bilateral trade with Vietnam was worth 3.3 billion U.S. dollars last year, up 18 percent year-on-year, according to a data from the Vietnam ...

http://news.xinhuanet.com/english/business/2013-03/01/c_132200604.htm

Microfinancer Prasac looking to partner up with Korean giant

Woori Bank, South Korea’s second-largest bank in terms of assets, is vying to purchase a 50 per cent stake Cambodia’s largest microfinance institution, Prasac, the company’s CEO confirmed yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/microfinancer-prasac-looking-parter-korean-giant

Relocation fears for Siem Reap families

About 90 Siem Reap families have rejected what they say is a preliminary move by the provincial authority to have them moved off land declared part of Kulen Mountain National Park in 2002. The families, in Banteay Srei district’s Tbeng commune, said yesterday they had rejected ...

http://www.phnompenhpost.com/index.php/2012030254819/National-news/relocation-fears-for-siem-reap-families.html

Shops unfazed by annual bootleg DVD crush

The Ministry of Culture steamrolled 300,000 bootlegged DVDs Monday in its annual celebration of efforts to stamp out piracy. But at DVD shops across Phnom Penh, where pirated movies are sold for $1.50 or less, owners said they see little threat to their businesses. ...

Sek Odom and Alex Consiglio
http://www.cambodiadaily.com/news/shops-unfazed-by-annual-bootleg-dvd-crush-60424/

Three more BEEP centres open in Phnom Penh

The Labour and Education ministries, in collaboration with Unesco, yesterday jointly launched three more Basic Education Equivalency Programme centres in Phnom Penh for school dropouts to continue their education online. The new centres are at the National Institute of Entrepreneurship and Innovation, JVC Technical College ...

Sen David
https://www.khmertimeskh.com/50600369/three-more-beep-centres-open-in-phnom-penh/

Hun Sen unveils new roadmap for foreign trade policy

Prime Minister Hun Sen presided over a ceremony at his Peace Palace in Phnom Penh on Tuesday to unveil a new report that assesses the government’s foreign trade policies over the past seven years and lays out a policy roadmap for the next five. The report, ...

Khy Sovuthy and Alex Willemyns
http://www.cambodiadaily.com/news/hun-sen-unveils-new-roadmap-for-foreign-trade-policy-52600/

Number of ‘A’ grade earners on diploma exam quadruples

Prime Minister Hun Sen is scheduled to meet with high school students who passed the Grade 12 exam with an “A” grade following the announcement of the results by the Ministry of Education, Youth and Sport on January 14, indicating a nearly four-fold increase in ...

Voun Dara
https://www.phnompenhpost.com/national/number-grade-earners-diploma-exam-quadruples

Ministries eye budget bumps for next year

The Ministry of Economy and Finance finished month-long consultations with key ministries on Thursday in preparation for the drafting of Cambodia’s budget for 2017. ...

Kong Meta
http://www.phnompenhpost.com/national/ministries-eye-budget-bumps-next-year

Minimum wage law edges closer

A Labour Ministry official has said the law on the minimum wage will come into force in the first quarter of 2018, provided there are no more objections from stakeholders. ...

Mom Kunthear
http://www.khmertimeskh.com/5095662/minimum-wage-law-edges-closer/

Officials at border call for better info sharing

Authorities in Svay Rieng province have slammed the minister in charge of negotiating border issues with Vietnam, saying he has not kept the military and governor’s office in the loop regarding the ongoing dispute with Cambodia’s neighbour. ...

Meas Sokchea
http://www.phnompenhpost.com/national/officials-border-call-better-info-sharing

No new resettlement at Angkor park

Minister of Land Management, Urban Planning and Construction Say Samal instructed the relevant parties to protect former village land in the Angkor archaeological park. ...

Torn Vibol
https://www.khmertimeskh.com/501375698/no-new-resettlement-at-angkor-park/

Garment manufacturers plan institute to improve worker skills

The Garment Manufacturers Association in Cambodia wants to build a special school to improve Cambodian workers’ skills and make the country more competitive, but labor leaders say if the school is not provided for free, it won’t work. ...

Phorn Bopha
http://www.voacambodia.com/content/garment-manufacturers-plan-institute-to-improve-worker-skills/2943810.html

Plans to Reform Economy for Asean Integration

Cambodia’s newly appointed minister of commerce said Thursday that he plans to reform the country’s economy ahead of Cambodia’s entrance into the Asean Economic Community (AEC) 2015, though he and other officials did not say how they plan to accomplish that goal. Speaking to reporters on ...

Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/business/plans-to-reform-economy-for-asean-integration-46469/

Hun Sen issues new directive over impending floods

Prime Minister Hun Sen yesterday issued another directive to all relevant ministries, institutions and local authorities to take preventive measures to deal with upcoming floods. He noted a severe flooding in the upper Mekong provinces which occurred last week and that the water is only slowly ...

Mom Kunthear
https://www.khmertimeskh.com/50642107/hun-sen-issues-new-directive-over-impending-floods/

Project aims to build latrines in rural areas

A new US$10.9 million grant from the Bill & Melinda Gates Foundation will fund a three-year project by international development NGO East Meets West (EMW) to improve sanitation and hygiene among the poor in rural Cambodia and Vietnam. According to EMW, the program seeks to combat the negative effects of ...

http://www.phnompenhpost.com/index.php/2012082058164/National-news/new-latrines-granted-in-rural-areas.html

Tourism stronger than predicted

The Kingdom’s tourism industry this year will perform much better than the government expects thanks in part to Cambodia’s growing popularity as a vacation destination, investment firm Cambodia Capital has said. Total tourist arrivals to Cambodia for 2011 will reach 2.85 million, while total revenues ...

http://www.phnompenhpost.com/index.php/2011090151407/Business/tourism-stronger-than-predicted.html

Furniture Business On The Rise

More people are buying furniture thanks to a growing construction sector and solid economic growth. Cambodia’s economy grew by 6.9 percent in 2011 and is expected to grow by 6.5 percent for the next two years, according to the Ministry of Economy and Finance. Meanwhile, the ...

http://www.etmcambodia.com/blog.php?article=197

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