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‘The devil is in the details’ – Tax versus incentives in new investment law

The new Law on Investment is expected to come Into force next year, 10 years after the government embarked on a plan to repeal the existIng statute, which was enacted In 1994, and amended In 2003.   ...

Sangeetha Amarthalingam
https://www.phnompenhpost.com/special-reports/devil-details-tax-versus-incentives-new-investment-law

U.S.-ABC interested to invest in various sectors in Cambodia

U.S.-ASEAN Business Council (U.S.-ABC) is interested to invest in Cambodia in the fields of energy, industry, health, technology, finance and import-export. ...

Khmer Times Staff
https://www.khmertimeskh.com/50955248/u-s-abc-interested-to-invest-in-various-sectors-in-cambodia/

Cambodia attracts $4.35 billion in investments in 2021

Cambodia attracted fixed-asset investment of $4.35 billion in 2021, according to a report from the Council for the Development of Cambodia on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501035693/cambodia-attracts-4-35-billion-in-investments-in-2021/

Investments in Kingdom rise by 7 percent in Q1

In the first quarter of 2022, the number of projects approved by the Council for the Development of Cambodia reached 47, an Increase of 6.8 percent and the total Investment touched $2,520.6 million, an Increase of 14.2 percent over the same period In 2021, accordIng ...

Sok Sithika
https://www.khmertimeskh.com/501102954/investments-in-kingdom-rise-by-7-percent-in-q1/

Rise in digital payments driving force for e-commerce growth in Cambodia

The sharp rise in digital payments is a driving force for the development of e-commerce in Cambodia, Jack Lee, chief executive officer and founder of online market Smile Shop in Cambodia, said on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501111773/rise-in-digital-payments-driving-force-for-e-commerce-growth-in-cambodia/

BRI plays “monumental role” in infrastructure development in Cambodia: Deputy PM

The Belt and Road Initiative (BRI) projects have played a “monumental role” In Infrastructure development and connectivity In Cambodia, Cambodian Deputy Prime MInister and Foreign MInister Prak Sokhonn said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501113564/bri-plays-monumental-role-in-infrastructure-development-in-cambodia-deputy-pm/

Cambodia's ruling party lawmakers say opposition staging coup against Hun Sen gov't

Cambodia’s ruling party lawmakers said the opposition’s calls for Prime Minister Hun Sen’s resignation and a re-vote are a “clear and undeniable act of coup” against the current legitimate government, according to a statement released to the media on Monday. The opposition Cambodia National Rescue Party ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-12/23/c_132989140.htm

Lucky sells big stake to Asian retail giant

Big Asian retailer Dairy Farm Group has formed a joint venture with Cambodia’s Lucky Market Group, the operator of Lucky Supermarket and Lucky Burger, according to an announcement yesterday. LMG, which opened its first supermarket in 1993, will join a stable of brands already controlled by ...

http://www.phnompenhpost.com/index.php/2012031354993/Business/lucky-sells-big-stake-to-asian-retail-giant.html

Cambodian FM denies political deadlock over election row

Cambodian Foreign Minister Hor Namhong said Saturday that there is no political impasse in Cambodia despite ongoing post-election dispute between the ruling and opposition parties. He said all actions taken by the government of Cambodia in the past, at the present and in the future ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-02/22/c_133135380.htm

First financial leasing company for Cambodia

GL Finance (GLF), the first and only financial leasing company in Cambodia, opened its 11th branch in Phnom Penh on Friday, covering all authorized Honda and NCX  dealerships in Phnom Penh and its vicinity. GLF, in partnership with Honda NCX, helps customers buy their own motorbikes and provides ...

http://www.phnompenhpost.com/index.php/2012103059458/Business/first-financial-leasing-company-for-cambodia.html

Ten new factory approvals means ‘over 20K’ more jobs

The Council for the Development of Cambodia (CDC) notices issued in January reveal that it has greenlit 10 new projects worth nearly $100 million, all in the manufacturing industry: eight involved in textiles and two in light bulbs. ...

Hin Pisei
https://www.phnompenhpost.com/business/ten-new-factory-approvals-means-over-20k-more-jobs

Brown Coffee Chain Expands With Third Store

What do three Cambodian teenage girls, a French T-shirt designer, a Japanese doctoral student and a Cambodian businessman have in common? On Thursday afternoon, they were all captured by the appeal of BRow Coffee and Bakery on street 214. The value of this crowd of ...

Truck Accident Leaves 1 Garment Worker Dead, 30 Badly Injured

One garment worker was killed and 30 others seriously injured on Wednesday when the truck in which they were travelling crashed in Kandal province’s Ang Snuol district, a police official said yesterday. Free Trade Union (FTU) President Chea Mony said all 58 women were workers ...

Four solar projects approved

The Council of Ministers on Friday approved four solar projects that will produce a combined 140 megawatts. The body convened last week to review a raft of new laws and investment proposals, which included the four solar projects. in a statement issued after the meeting, the ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50623720/four-solar-projects-approved/

Civil groups call for clear policies on women’s rights

Some 400 youth and women from 12 civil society organisations gathered at a hotel in Phnom Penh’s Meanchey district on Sunday to celebrate women’s rights, weeks after they were prevented by security forces from marching to mark international Women’s Day. At Sunday’s gathering, the group ...

Long Kimmarita
https://www.phnompenhpost.com/national/civil-groups-call-clear-policies-womens-rights

Deforestation warming Cambodia, activists say

As the impacts of climate change become more apparent worldwide, members of the public are connecting more weather events to the phenomenon. in March and April, for example, extreme heat baked mainland Southeast Asia. On April 20, Vietnam set an all-time observed record high temperature, 43 ...

Michael Tatarski
https://www.asiatimes.com/2019/06/article/deforestation-warming-cambodia-activists-say/

US urged to save trees

A group of environmental NGOs working to protect the Prey Lang forest called on the US Agency for international Development (USAID) to intervene and protect the region’s resin trees, or they will all be logged within six months, they claimed in a joint-statement issued yesterday. The ...

May Titthara
http://www.khmertimeskh.com/news/29843/us-urged-to-save-trees/

Unions: change minimum wage law

More than 40 unions have joined together to ask the Labor Ministry to make changes to 10 articles in the draft Minimum Wage Law, saying the law did not cover all sectors and restricted the rights of union representatives in wage negotiations among a host ...

Pech Sotheary
http://www.khmertimeskh.com/news/33063/unions--change-minimum-wage-law/

PM tells workers CNRP is to blame for any sanctions

In a speech to workers yesterday, Prime MInister Hun Sen pInned the blame for any damage Inflicted on Cambodia’s garment Industry by potential economic sanctions squarely on the opposition party. “You must remember clearly that if the purchase orders are reduced, it is all the ...

Ben Sokhean
http://www.phnompenhpost.com/national-politics/pm-tells-workers-cnrp-blame-any-sanctions

Workers fired after trying to unionise

For Peng Phalla, a sewing machine repairman by trade, the beginning of the end was December 8 – the day he filed the paperwork to form a union. Phalla had spent the past two years helping a factory in Kampong Cham province churn out baby ...

Yon Sineat and Daphne Chen
http://www.phnompenhpost.com/national/workers-fired-after-trying-unionise

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