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IMF Calls on Cambodia to Broaden Tax Base

.Cambodian government must rise its tax revenue intake if it to stay on a sustainable path toward development, International Monetary Fund officials have said. Although Cambodia is experiencing increased growth in trade and investment, the country should broaden its tax base to create sustainable revenue collection, a ...

http://www.cambizreview.com/

Transport costs remain high

Cambodia’s transport costs remain high compared with those in neighbouring countries, according to a 10-container shipment comparison conducted between Cambodia, Thailand and Vietnam by a Korean-owned company, Pan Continental Freight (PCF). The comparison found Cambodia’s free on board (FOB) costs were US$35 a tonne, whereas Thailand ...

http://www.phnompenhpost.com/index.php/2012092758948/Business/transport-costs-remain-high.html

China Donates $19M During Asean Defense Meet

As the region’s top brass gathered in Phnom Penh for the Sixth Asean Defense Ministers Meeting, it was Beijing that once again stole the show with Chinese Defense Minister Liang Guanglie signing off on nearly $19 million in military aid to Cambodia. In the country on ...

Siem Reap’s US$1bn airport delayed

No ground was broken in May on the New Siem Reap International Airport (NSRIA), a US$1 billion Korean investment, and officials say no definite date has been set for work on the project as the developer looks for new partners. NSRIA Co Ltd, an equal joint ...

http://www.phnompenhpost.com/index.php/2012060656613/Business/siem-reaps-us1bn-airport-delayed.html

Water plant means eviction for families in Sihanouk

Despite authorities turning a blind eye to their villages for more than 15 years, about 2,000 families living near Preah Sihanouk province’s Kbal Chhay waterfall face imminent eviction to make way for a clean-water processing plant, officials said yesterday. Prime Minister Hun Sen’s recent bold move ...

http://www.phnompenhpost.com/index.php/2012062156930/National-news/water-plant-means-eviction.html

PTT signs agreement to set up retail oil venture in Myanmar

PTT Plc, the national energy conglomerate, is moving forward with plans to establish a retail oil business in Myanmar by working with a local partner Currently, oil consumption per head in the neighbouring country is very low at 38 litres annually, compared to 140 litres in ...

http://www.bangkokpost.com/business/economics/314856/ptt-signs-agreement-to-set-up-retail-oil-venture-in-myanmar

Maid’s Death Believed Linked to Abuse

A Cambodian maid who recently returned home from work in Malaysia fell ill and died over the weekend, highlighting ongoing concerns over the treatment of impoverished Southeast Asian women who seek work abroad but are often abused by their employers. Kuy Lyda, 17, died at a ...

Sok Serey
http://www.rfa.org/english/news/cambodia/maid-06252012155226.html

National Road 1 prices on the rise

Land prices along National Road 1 have climbed between 20 and 30 per cent after the road was extended in response to the increasing amounts of vehicles using it. The land that surrounds National Road 1 can be divided into three locations according to the ...

http://www.phnompenhpost.com/index.php/Real-Estate/national-road-1-prices-on-the-rise.html

Villagers Pray to Spirit to Delay Dam Construction

More than 500 villagers from Stung Treng and Ratanakiri provinces held a traditional sacrificial ceremony yesterday, calling on a local spirit to help in postponing the construction of a 400-megawatt hydropower dam in Stung Treng’s Sesan district. Siek Megong, Srekor commune chief, said the villages ...

http://www.cambodiadaily.com

Long hair a luxury for evictees

Kheng Chen had her hair cut in January and sold it to a broker for just under US$8. She isn’t happy with the close-cropped style because it makes her look older than her 48 years. But when Kheng Chen grows her hair back in a few ...

http://www.phnompenhpost.com/index.php/2012060156528/National-news/long-hair-a-luxury-for-evictees.html

Push for trade in yuan increasing

Slowly but steadily, demand to do cross-border business in Chinese yuan is pushing its way into one of Asia’s dollar-dominated strongholds. As China continues to liberalise the yuan – or at least hint at when some capital controls could be lifted – Cambodian businesses that import ...

http://www.phnompenhpost.com/index.php/2012072557593/Business/push-for-trade-in-yuan-increasing.html

As Phnom Penh's buildings rise, safety scales back

Vatha, a 42-year-old construction worker, has been toiling for four years at numerous building sites across Phnom Penh. He knocks down dilapidated dwellings and in their place builds houses and apartments that are bigger, better – and increasingly higher – as demand for residential property, especially ...

http://www.phnompenhpost.com/index.php/2012072757666/National-news/as-buildings-rise-safety-scales-back.html

CEDAC plus honey makes for a sweet deal

Honey collectors from four provinces in Cambodia signed an agreement with the Cambodian Center for Study and Development in Agriculture (CEDAC) in order to bring more honey to the capital. CEDAC has encouraged farmers from four provinces – Preah Vihear, Kratie, Koh Kong and Mondulkiri – ...

http://www.phnompenhpost.com/index.php/2012082258195/Business/cambodias-honey-collectors-sign-sweet-deal.html

Gold struck in Mondulkiri

An Australian company working towards mining gold from the Okvau deposit in Mondulkiri province, currently estimated at 729,000 ounces, expects to employ more than 1,000 local people during the mine’s construction phase and 500 in the   longer term. Renaissance Minerals managing director Justin Tremain told the ...

http://www.phnompenhpost.com/index.php/2012101159244/Business/gold-struck-in-mondulkiri.html

Joint venture will take part in oil explorations

Malaysia-based Hibiscus Petroleum Berhad has tied up with Rex International Holding Pte Ltd to participate in exploration opportunities in Cambodia and 10 other countries across the Asia-Pacific region, according to a statement released last Thursday. Hibiscus’s wholly owned subsidiary Orient Hibiscus Sdn Bhd and Rex International ...

http://www.phnompenhpost.com/2013032564653/Business/joint-venture-will-take-part-in-oil-explorations.html

Titles near as students finally on way to district

Nearly 50 families in Koh Kong province’s Kiri Sakor district will finally receive official titles after repeatedly requesting – and being denied – student volunteers to measure their land, the villagers’ commune chief said yesterday. Koh Pol commune chief Ev Kosal, who participated in the meeting ...

http://www.phnompenhpost.com/2013031962015/National/titles-near-as-students-finally-on-way-to-district.html

Youth Representatives Debate Party Policies

PHNOM PENH – Youth representatives from six political parties running in the upcoming elections joined an International Republican Institute-organized debate over the weekend to show their respective parties’ policies. The candidates came from Funcinpec, the Cambodian Nationality Party, the League for Democracy Party, the Anti-Poverty Party, ...

Voice of America
http://www.voacambodia.com/content/youth-represenatives-debate-party-policies/1708776.html

Arrests Threatened In Ratanakkiri

Provincial authorities in Ratanakkiri have warned ethnic Jarai villagers that they will be arrested if they continue to stop bulldozers belonging to a Vietnamese company from clearing forest in O’Yadav district’s Paknhai commune, community leaders said yesterday. Sav Finh, leader of Lom village’s forestry protection committee, ...

http://www.phnompenhpost.com/2013051565625/National/arrests-threatened-in-ratanakkiri.html

Bail Requests Denied for All Eight Unionists

The Kampong Speu Provincial Court has denied bail for eight unionists accused of instigating violence at the Sabrina Garment factory last Monday. Kampong Speu Provincial Court judge, Cheum Rithy said yesterday that he had not approved the bail request because significant work remained in questioning ...

http://www.phnompenhpost.com/2013061066173/National/bail-requests-denied-for-all-eight-unionists.html

Authorities, NGOs Brace For Floods

Provincial authority and humanitarian NGOs are preparing for severe flooding in Kompong Thom province as floodwaters flow south from inundated Preah Vihear province along the Stung Sen River. Leng Vireak, senior manager for disaster response at NGO world Vision, said that the situation was stable ...

http://The Cambodia Daily

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