Credit life insurance provides a safety net for borrowers
More Cambodians than ever are turning to microfinance for money to cover their small business endeavours or pay expenses, and, increasingly, they are looking to protect their families from the burden of these debts in the event of death or disability. ...
Hor Kimsay
http://www.phnompenhpost.com/business/credit-life-insurance-provides-safety-net-borrowers
Watchdog eyes telecom, ISP licenses
The Telecom Regulator of Cambodia (TRC) has called on 34 telecom operators and Internet service providers (ISPs) to submit their business performance reports by the end of this month to ensure they are in compliance with their licensing agreements, officials said yesterday. ...
Sum Manet
http://www.khmertimeskh.com/news/17944/watchdog-eyes-telecom--isp-licenses/
Police ordered to inspect private ambulance licenses
National Police and National Military Police have been ordered by the Health Ministry to inspect the licenses of all private ambulances, which are often seen fighting for business at the scene of traffic accidents before charging exorbitant prices for their services. ...
Ben Sokhean
https://www.cambodiadaily.com/news/police-ordered-to-inspect-private-ambulance-licenses-104535/
Preah Sihanouk officials meet over beach compensation plan
Preah Sihanouk provincial officials met on Monday to discuss an order from the national government to provide compensation for a number of families living and running businesses on O’Chheuteal Beach in Sihanoukville who are facing the threat of eviction. ...
IMF: Cambodia should improve
The International Monetary Fund (IMF) said yesterday that Cambodia should improve its business climate and enhance competitiveness by upgrading infrastructure, improving the quality of labor, and strengthening governance as China changes its trade pattern by moving up the value chain. ...
May Kunmakara
http://www.khmertimeskh.com/news/29487/imf--cambodia-should-improve/
MoU signed with China
The Cambodia Chamber of Commerce (CCC) and the China Council for the Promotion of International Trade (CCPIT) on Friday signed a memorandum of understanding (MoU) to promote business interaction and enhance trade and investment between China and the Kingdom. ...
Sok Chan
http://www.khmertimeskh.com/news/29595/mou-signed-with-china/
Kith Meng company secures timber release
Customs officers have released a pair of trucks that local officials said were seized late last month while being used to smuggle timber belonging to business mogul Kith Meng into Vietnam in breach of a government ban, according to police. ...
Aun Pheap
https://www.cambodiadaily.com/news/kith-meng-company-secures-timber-release-128163/
High demand for Chinese speakers
Chinese language skills are in growing demand from companies looking to hire in Cambodia’s job market as China’s influence in the Kingdom is increasingly felt both in the business and tourism sectors, online job portal Everjobs said yesterday. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/high-demand-chinese-speakers
Assembly gives thumbs up to anti-dumping measures
The National Assembly yesterday passed a trade remedy law that aims to protect and help local and foreign businesses by introducing anti-dumping measures that prevent the “dishonest” import of goods and produce from neighbouring countries, according to a press release. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/assembly-gives-thumbs-anti-dumping-measures
ACLEDA capitalises for growth
ACLEDA Bank, the largest locally owned commercial bank in Cambodia, said it has raised its current registered capital by $72.5 million, to $185.6 million, for business expansion domestically and internationally. It is the tenth time the bank has done so. ...
http://www.phnompenhpost.com/2013052365788/Business/acleda-capitalises-for-growth.html
Land, insecurity linked: report
Rampant land grabs, economic land concessions and a disastrous land-titling program have fostered an environment of insecurity for Cambodia’s most marginalised citizens, according to a new report, which argues that the Kingdom needs to rethink its current business-centric development model. ...
Ethan Harfenist
http://www.phnompenhpost.com/national/land-insecurity-linked-report
Amid slow sales, some Aeon tenants leave mall
Less than 10 months after the $200-million Aeon Mall opened its doors to Phnom Penh’s consumers, at least seven tenants at Cambodia’s largest shopping center have shuttered their businesses, complaining of disappointing foot traffic, construction disturbances and overly thrifty patrons. ...
Anthony Jensen and Kang Sothear
https://www.cambodiadaily.com/business/amid-slow-sales-some-aeon-tenants-leave-mall-82423/
Doroshenko’s son sued over $250k bribery claim
A lawyer for Russian developer Sergei Polonsky has filed a complaint with the Preah Sihanouk Provincial Court accusing the son of his former business partner of defamation for disseminating a letter that claims Mr. Polonsky paid officials $250,000 to imprison his father. ...
Aun Pheap
https://www.cambodiadaily.com/news/doroshenkos-son-sued-over-250k-bribery-claim-82700/
Paychecks aplenty as ghosts haunt Cambodia's lax bureaucracy
Borith has been on the payroll of Cambodia’s parliament for 15 years but rarely shows up for work. He is busy with his other job at a non-governmental organization, and no one notices his absence. ...
Prak Chan Thul
http://www.reuters.com/article/2015/07/23/us-cambodia-corruption-idUSKCN0PX2MI20150723
Senior police official denies corruption
The deputy Phnom Penh police chief in charge of immigration has denied accusations of overseeing a network of corrupt officers who regularly extorted foreigners running businesses in the city, according to a statement released by the Anti-Corruption Unit (ACU) on Thursday. ...
Kuch Naren
https://www.cambodiadaily.com/news/senior-police-official-denies-corruption-91101/
Minister of Information: the draft Law on Access to Information is for all
Information minister Khieu Kanharith said the law on Access to Information has been drafted to serve not only the journalists, but it’s for all Cambodians as well as foreigners working and doing business in Cambodia. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/minister-of-information:-the-draft-law-on-access-to-information-is-for-all-8856
French investment for agriculture and industry urged
Prime Minister Hun Sen urged French businesses to consider investing in investing in agriculture and industry in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501243356/french-investment-for-agriculture-and-industry-urged/
CCHR releases a briefing note on business and human rights entitled "Preventing, Mitigating and Remedying Land-Related Rights Violations in the Kingdom of Cambodia"
On 20 December 2018, The Cambodian Center for Human Rights (CCHR) released a briefing note on business and human rights entitled “Preventing, Mitigating and Remedying Land-Related Rights Violations in the Kingdom of Cambodia” on its website in both Khmer and English versions. As part of its business and ...
Cambodian Center for Human Rights (CCHR)
Sand dredging deja-vu
They thought the days of scenic sunsets ruined by the noise and pollution of dredgers on the Tatai River were over, but villagers and business owners in the popular tourism destination now say they were duped in a promise from ruling party Senator Ly Yong ...
http://www.phnompenhpost.com/index.php/2011122753640/National-news/sand-dredging-deja-vu.html
Future Telecommunications Regulator Will Face Challenges
A lack of proper regulations, unrealistic market data and a constant stream of disputes between Cambodia’s mobile operators will likely hinder the country’s future telecommunications regulator from effectively governing the sector, according to a leading research firm. Without the enactment of telecommunications law, which is currently ...