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South Korea passes bill to ratify tax deal

The South Korean Assembly has passed a bill to ratify a double tax agreement (DTA) with Cambodia. Double Taxation Agreements (DTAs) are treaties between two or more countries to avoid international double taxation of income and property. ...

Jason Boken
https://www.khmertimeskh.com/50807137/south-korea-passes-bill-to-ratify-tax-deal/

Envoy enlisted in South Korea tourist push

South Korean ambassador to Cambodia Park Heung-kyeong has joined in the pursuit to encourage residents of the East Asian country who are fully vaccinated against the novel coronavirus to choose the Kingdom as their next holiday getaway, after tourism revival plans kick off in end-November. ...

Hin Pisei
https://www.phnompenhpost.com/business/envoy-enlisted-south-korea-tourist-push

South Korea plans Siem Reap ASEAN tree garden

South Korea plans to establish an ASEAN tree garden in Siem Reap province next year, as a symbol of enhanced relations, cooperation and connectivity between the East Asian country and the regional bloc. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/south-korea-plans-siem-reap-asean-tree-garden

Cambodia Delays US Military Aid

Cambodia postponed U.S.-backed military assistance programs immediately after the July 28 national election, officials of both countries confirmed Tuesday, in a move that analysts said reflects a strain in relations after years of strengthening military ties. The U.S. has in recent years expanded training and other ...

http://www.cambodiadaily.com/news/cambodia-delays-us-military-assistance-39509/

Ms. THOL Syvane

Ms. THOL Syvane is a recent graduate of Master of International Business from The University of Melbourne, Australia. She also holds a Bachelor of Finance and Banking at Royal University of Law and Economics, and a Bachelor of Education in Teaching English as a Foreign ...

Congressional Hearing in US Pushes Cut to Cambodian Aid

At a congressional hearing in Washington on Tuesday that scathingly rebuked Prime Minister Hun Sen and his ruling CPP, a U.S. lawmaker called for legislation to cut American aid to Cambodia following the national election on July 28. Representative Steve Chabot, who chaired the House Subcom­mittee ...

http://www.cambodiadaily.com/news/congressional-hearing-in-us-pushes-cut-to-cambodian-aid-34389/

Fewer school hours to beat the heat

With temperatures reaching more than 40 degrees Celsius, the Ministry of Education, Youth and Sport announced on Thursday that it was amending school study hours to lessen the risk of illness for teachers and students, particularly those at kindergarten. ...

Ry Sochan
https://www.phnompenhpost.com/national/fewer-school-hours-beat-heat

World Bank: East Asian growth expected to ease to 6.3% this year

Economic growth in developing East Asian countries is expected to ease in the next two years as the slowdown in China and sluggish pricing for commodities linger, according to new forecast released Sunday by the World Bank.   ...

Roger Yu
http://www.usatoday.com/story/money/2016/04/11/world-bank-east-asian-growth-expected-ease-63-year/82896296/

RATH Sarath

Senior Finance and Admin OfficerTransparency, accountability and honesty are Mr. Sarath’s core values. In charge of finance and admin tasks of ODC, Mr. Sarath works closely with all team members to produce the good achievements on ensure that all financial documents are legally compliant with ...

Caution: Work Ahead

Émile Coué was a French psychologist who introduced a method of self-improvement based on optimistic autosuggestion. “Every day, in every way, I’m getting better and better,” was his mantra. He died in 1926 and probably never visited Cambodia, but his spirit has been hovering over ...

http://www.sea-globe.com/Business/caution-work-ahead.html

Plans for open paddy market

The Ministry of Commerce is conducting a feasibility study to set up an open paddy market for paddy rice in at least two provinces to make the rice trade more transparent, s senior official says. ...

http://www.phnompenhpost.com/2012122560464/Business/plans-for-open-paddy-market.html

Australia Courted for Further Railway Funding

The government has asked Australia to provide more funding to help complete the rehabilitation of the dilapidated railway line between Phnom Penh and the Thai border, a spokesman said yesterday. Foreign Affairs Minister Hor Namhong met with Lieutenant General John Sanderson, former chief of the Australian ...

http://www.cambodiadaily.com/business/australia-courted-for-further-railway-funding-9422/

Cambodia's economy to grow by 6.7% this year: WB

Cambodia’s economy is expected to grow by 6.7 percent in 2013 thanks to anticipating increases in agriculture, foreign direct investment (FDI) and tourism, the World Bank said in its latest outlook Wednesday. “The growth is based on achieving the dividends from focus on higher rice ...

http://news.xinhuanet.com/english/business/2013-01/16/c_132106591.htm

Malaysia Firm Buys Majority In Yellow Pages

The owner of Cambodia Yellow Pages has agreed in principle to sell a 51 percent stake to the subsidiary of Malaysian technology firm CBSA Bhd. in a deal worth $2.04 million, an official at the company said Monday. According to a disclosure last week from CBSA ...

Firm’s Split From Boeng Kak Project Confirmed

The Chinese firm that was financially backing an ambitious project to develop Phnom Penh’s Boeng Kak neighborhood has pulled out, Chinese Embassy and company officials have confirmed, and no other investor appears to have taken its place. That makes the Erdos Hongjun Investment Corporation at least ...

Zsombor Peter and Aun Pheap
http://www.cambodiadaily.com/news/firms-split-from-boeng-kak-project-confirmed-64318/

China Inks Agreement to Buy One Million Ton of Cassava Product from Cambodia

The China National Food Industry (Group) and Cambodia’s Le Ye Rubber on August 13th signed a Memorandum of Understanding on a cooperation agreement to acquire one million cassava product exports from Cambodia to China Cai Yong Feng [President of China National Food Industry Group] said: ...

http://thesoutheastasiaweekly.com/

Fracking a problem for SE Asia

Impoverished countries hoping to strike it rich by developing their limited oil and gas reserves are being urged to move quickly or risk having their expectations clipped by fracking, which is depressing market prices while adding life to fields once thought exhausted. The ...

http://www.phnompenhpost.com/2013022561573/Business/fracking-a-problem-for-se-asia.html

Indirect trade with India unhealthy

CAMBODIA’S indirect trade and investments with India are possibly worth almost five times more than its direct economic activities, a situation deemed “unfavourable” to the country, an industry expert said yesterday. Direct trade and investments between the two countries hit a record $112 million last ...

http://www.phnompenhpost.com/2013031461933/Business/indirect-trade-with-india-unhealthy.html

Koh Kong cashes in on conservation

Koh Kong province’s mangrove forests have changed from being a source of charcoal to serving tourists who help to protect their biodiversity. The forests have now become a popular destination for Cambodian tourists. Yem Yan, Peam Krasorb commune chief in Koh Kong, said gradually visitors ...

http://www.phnompenhpost.com/2013051465588/Business/koh-kong-cashes-in-on-conservation.html

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

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