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Cambodia’s Economic Opportunity

While significant obstacles remain, the success of the rice sector is a potentially crucial driver in Cambodia’s prosperous and equitable development. Cambodia announced two major bilateral trade agreements recently, with the Philippines and Thailand, that are expected to further expand the country’s rice export sector. ...

http://thediplomat.com/2013/05/09/cambodias-economic-opportunity/

Cambodia Post Bank authorised to collect taxes

Cambodia Post Bank Plc achieved another significant milestone on Monday after the General Department of Taxation of Cambodia allowed the financial institution to collect taxes. ...

Post Staff
https://www.phnompenhpost.com/business/cambodia-post-bank-authorised-collect-taxes

NCPO to thank Cambodia for release of Wira Somkhwamkhit

The National Council for Peace and Order (NCPO) has indicated it will send a letter thanking the Cambodian government for the release of political activist Wira Somkhwamkhit, who spent more than 3 years in a Cambodian prison. According to Colonel Winthai Suwari, the spokesman for the ...

Thailand National News Bureau Staff
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNFOR5707030010001

UN-backed education policy ready for government approval

In a bid to improve the quality of vocational education in the country, the Ministry of Education and Unesco will submit a National Policy on Lifelong Learning to the Council of Ministers following multiple discussions on the matter. ...

Sen David
https://www.khmertimeskh.com/50505797/un-backed-education-policy-ready-for-government-approval/

Flooded mangrove forest filled in with sand from illegal dredging

At least 2 hectares of flooded mangrove forest in Koh Kong’s Peam Krasaop Wildlife Sanctuary have been filled in with sand from illegal dredging nearby, with local authorities and an NGO yesterday claiming an unidentified “powerful” tycoon was behind the environmental crimes. ...

Phak Seangly
http://www.phnompenhpost.com/national/flooded-mangrove-forest-filled-sand-illegal-dredging

Investment law to be revised

The government is planning to revise the Kingdom’s investment laws this year to draw more foreign direct investment as the country adjusts to the fast-changing regional and global landscapes, according to Secretary General of the Council for the Development of Cambodia (CDC) Sok Chenda Sophea. Speaking ...

http://www.phnompenhpost.com/2013030861826/Business/investment-law-to-be-revised.html

Cambodia’s Conglomerate in talks to buy communications satellite from China

Cambodia’s Royal Group of Companies is in negotiations to purchase a satellite from China Aerospace Science and Technology Corporation for its telecoms operations in Cambodia, Cambodian Minister of Commerce Cham Prasidh said Wednesday. Tycoon Kith Meng currently owns the kingdom’s largest mobile phone operator, Mobitel. ...

http://www.livetradingnews.com/cambodias-conglomerate-in-talks-to-buy-communications-satellite-from-china-110184.htm#.UWYXaKKj2xA

S. Korea's Booyoung to build new town in Cambodia

Booyoung Co., a mid-sized South Korean conglomerate, said Tuesday that it broke ground for one of the largest housing projects in Cambodia, a project Cambodia hopes to spur foreign investments. Booyoung said it will build 40 apartments and seven residential and commercial complexes on 2.7 square ...

http://english.yonhapnews.co.kr/business/2013/05/07/45/0501000000AEN20130507006500320F.HTML

Thais detain ‘large number’

A large group of Cambodian migrants were rounded up and detained in a Bangkok prison at the end of May, where many still remain, Thai officials told the Post yesterday. Separate unconfirmed reports that at least 130 Cambodians had been in detention for more than a month emerged ...

Alice Cuddy and Kevin Ponniah
http://www.phnompenhpost.com/national/thais-detain-%E2%80%98large-number%E2%80%99

Concessions cancelled as oil price plummets

The government cancelled two concessions for offshore oil – Block B and Block F – held by two foreign companies last year because they failed to comply with the terms of their agreements, senior officials from Ministry of Mines and Energy (MME) told Khmer Times ...

May Kunmakara
http://www.khmertimeskh.com/news/20315/concessions-cancelled-as-oil-price-plummets/

Local SMEs keen to replace Thai, Vietnamese imports

Cambodian businesses are joining forces in an attempt to increase production and reduce the country’s dependence on imports. The Federation of Association for Small and Medium Enterprises of Cambodia, the Ministry of Industry and Handicraft, and the Cambodia Chamber of Commerce plan to encourage small ...

Sok Chan
http://www.khmertimeskh.com/news/18174/local-smes-keen-to-replace-thai--vietnamese-imports/

Official says $200,000 in fines collected from foreigners without work permits

Since a nationwide census of foreigners began in August, fines totalling nearly $200,000 have been paid into government coffers, an immigration official told the Post yesterday. “According to the law, the immigration police can fine them 200,000 riel [about $49] to 500,000 riel and this ...

Cheang Sokha and Alice Cuddy
http://www.phnompenhpost.com/national/official-says-200000-fines-collected-foreigners-without-work-permits

Kingdom in quest of perfect rice

Minister of Agriculture, Forestry and Fisheries Veng Sakhon on August 9 urged farmers across the country to increase the cultivation of fragrant rice to promote the industry in the Kingdom. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/kingdom-quest-perfect-rice

Tobacco giant quits industry group over packaging dispute

The local arm of tobacco giant Japan Tobacco International (JTI), which makes Camel, Winston and Mevius cigarettes, has blasted the Association of the Tobacco Industry of Cambodia (ATIC) for failing to ensure its members adhere to new regulations mandating graphic health warnings on cigarette packages. ...

Janelle Retka
https://www.cambodiadaily.com/news/tobacco-giant-quits-industry-group-over-packaging-dispute-116040/

GMAC no fan of union law

The Garment Manufacturers Association of Cambodia says it will push for revisions made on the draft trade union law last week to be changed.During a meeting on July 28, the Ministry of Labour said it had revised a number of provisions in the law, which ...

Charles Rollet
http://www.phnompenhpost.com/national/gmac-no-fan-union-law

Clock ticking on city’s waste crisis: reports

The government could be forced to shell out more than $120 million [≈ Finance industry 2011 political donations] to build new landfills over the next decade unless it invests in preventing Phnom Penh’s current site from reaching capacity, according to a pair of new reports. ...

Shaun Turton
http://www.phnompenhpost.com/post-weekend/clock-ticking-citys-waste-crisis-reports

Student workshop on potential mining sector

The Ministry of Mines and Energy said that the workshop called Petroleum Geological Potential Assessment was held by students from the faculty of mines and geology of the Institute of Technology of Cambodia on Tuesday, presided over by Secretary of State of the Ministry of ...

Khmer Times Staff
https://www.khmertimeskh.com/50760232/student-workshop-on-potential-mining-sector/

Mass faintings occur at 6 garment factories in Cambodia

At least 127 Cambodian garment workers at six different factories got fainted on Friday due to poor health, a local police chief confirmed. Yim Socheat, police chief of Phnom Penh’s Dangkor district, where the incidents occurred, said the victims had been sent to hospitals soon after ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=235570

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