In accordance with a recently released legal update from the Ministry of Economy and Finance (MEF), new procedures have been defined to provide income tax incentives to companies involved in expanding their Qualified Investment Projects (QIPs) in the Kingdom. ...

As part of its plan to up Cambodia’s soldier count, the Ministry of Defence is recruiting 620 university students. The candidates from the 2014-2015 academic year are to be volunteers with no criminal backgrounds, according to an official announcement. The recruitment drive spans the month of ...

Ministers from the six Mekong region nations concluded a two-day meeting yesterday in which they solidified plans for an economic strategy that would span a decade and require billions in investment. Speaking at Phnom Penh’s Peace Palace at the annual ministerial meeting, Minister of Commerce ...

A solution to the Overlapping Claims Area (OCA) in the Gulf of Thailand may be at hand due to the election of Puea Thai. Petroleum companies are said to to be ready to explore the region, an area of more than 27,000 square kilometers. A ...

The International Labour Organisation (ILO) Better Factories Program (BFC) has responded to a scathing report released last week by Stanford University, which said the ILO program was ineffectual as it had not helped secure Cambodian workers a significant wage increase since the program started over ...

In the latest bid for an increase in garment-industry wages, Free Trade Union (FTU) president Chea Mony yesterday called on the Garment Manufacturers Association in Cambodia (GMAC) to come to the table and discuss a $120-per-month minimum wage. A few days after Cambodian Confederation of Unions ...

Bilateral Investment Treaties (BITs) are intra-state legal mechanisms which encourage foreign investment. This is particularly so as they provide foreign investors with Investor State Dispute Settlement (ISDS) mechanisms to enforce investment protections through international arbitration against the host state before a neutral tribunal. Cambodia has signed over ...

Japanese fund manager Asset Design plans to launch a Cambodian equities fund in late 2011. The fund would target large returns after the Kingdom opened its stock exchange this month, an Asset Design executive said yesterday. Asset Design expected the scale of the fund to ...

Paying Cambodian farmers to capture carbon by not removing mulch during planting and harvesting would help support climate change mitigation, reduce soil deterioration and return higher yields in the long term, say leading agriculture experts. Speaking at a conference in Phnom Penh last Friday, Professor Rattan ...

A total of 13 out of 14 families locked in a land dispute with the Union Development Group in Koh Kong province on Tuesday accepted a compensation offer over crops destroyed by the company in January. Negotiations are also under way with the one family ...

The Ministry of Post and Telecommunications has opened Wi-Fi to the public at Ochheuteal and Otres beaches in Preah Sihanouk province to provide free internet service for both locals and foreign guests, aiming to enhance the tourism sector. ...

The Minister of Posts and Telecommunications Chea Vandeth issued a formal letter on October 18 appealing to students who are taking the upcoming high school diploma exam to focus on learning digital skills. ...

Ministry spokesman Mao Hak said yesterday that seasonal rains are expected to taper off in mid-November, with cooler winds sweeping into the Kingdom from Siberia and Tibet, promising a “winter” even cooler than last year’s, in which some areas saw temperatures as low as 18 ...

THE  Ministry  of Industry, Science, Technology and Innovation (MISTI) provides a free PDF Science, Technology and Innovation guidebook to students looking to choose a higher education degree involving science, technology, engineering and mathematics (STEM) in Cambodia. ...

In a move seemingly incongruent with the government’s plans to offer clemency to a number of female inmates on International Women’s Day on Sunday, a local rights group announced yesterday that new restrictions introduced by authorities have forced them to cancel prison activities marking the ...

It is unclear if the Phnom Penh Water Supply Authority will be ready to launch its initial public offering on Nov 11 as planned, the managing director of Tong Yang Securities, the firm preparing the IPO, said yesterday. “Everyone in this IPO are working very ...

Eight months since announcing the biggest acquisition deal in the history of Cambodia’s financial sector, Thailand-based Bank of Ayudhya, also known as Krungsri Bank, has yet to receive approval for the landmark deal. In a statement released in January, Bank of Ayudhya announced its intention ...

The production of Nutrix, a new fish-based wafer snack, was launched in Phnom Penh on Monday to assist in the fight against “severe acute child malnutrition” in Cambodia. The Nutrix facility is the first of its kind in the Kingdom and only the second in ...

Hoping to increase university students’ knowledge of Cambodia’s credit reporting system, the Credit Bureau of Cambodia (CBC) on Tuesday launched a series of workshops in Phnom Penh aimed at boosting financial literacy. ...

Keo Kounila is Cambodian blogger who recently attend the Deutsche Welle Global Media Forum in Bonn, Germany. After meeting amid some 1,500 participants, she told VOA Khmer she had garnered new ideas to help develop Cambodia, including organizing seminars to help university students make better use ...