Revenues for first seven months double to $1.6bn
The government has collected 6,557 billion riel, or about $1.6 billion, in revenues in the first seven months of 2011, a figure that is twice that of the $801 million in revenues that were collected during the same period last year, data released by the ...
Minister directs mock trading; launch unclear
Finance Minister Keat Chhon joined officials of the Cambodia Securities Exchange (CSX) yesterday to conduct another day of mock trading of stocks ahead of the still-unknown launch of actual operations at the bourse, which opened in July but has yet to see a single stock ...
Sar Kheng concerned over laundering
Minister of Interior Sar Kheng has expressed concerns that recent money laundering cases involving huge sums will see Cambodia placed on a global financial blacklist. He called on the authorities to crack down hard on the crime or the Kingdom would be “dead” as it ...
Niem Chheng
https://www.phnompenhpost.com/national/sar-kheng-concerned-over-laundering
Growing numbers of Chinese workers drive up housing costs in Cambodia’s Sihanoukville
A steady climb in the number of Chinese nationals moving to Cambodia’s Sihanoukville over the last two years has driven up housing costs in the southwestern coastal province, leaving many Cambodian workers struggling to make ends meet while property owners profit from the increase in ...
Richard Finney
https://www.rfa.org/english/news/cambodia/housing-06182019160233.html
Ministry of Agriculture, Forestry and Fisheries announces ELCs tax revenues
On 25 July 2016, Ministry of Agriculture, Forestry and Fisheries announced that by the end of the first half of this year, Ministry of Agriculture had collected about $600,000 in taxes from economic land concessions (ELCs) from 21 of the 233 private companies that received ...
Ministry of Agriculture, Forestry and Fisheries
Money launderer’s dream
Cambodia’s anti-money laundering agency is unable to investigate or penalise financial institutions that break the law, leaving the country open to exploitation by organised crime, according to a senior official in the unit.The Financial Action Task Force (FATF) – the top international anti-money laundering and ...
Daniel Pye
http://www.phnompenhpost.com/national/money-launderers-dream
Driving License Renewal Center will be officially launched at AEON Mall on June 15, 2016
Ministry of Public Works and Transport has recently decided to establish a Driving License Renewal Center at AEON Mall in the purpose to facilitate faster and more convenient services, bring it closer to public, improve transparency, save time, and minimized the costs related to renewal ...
Ministry of Public Works and Transport
Rent control law being ignored
The government is failing to enforce, or even make landlords and tenants aware of, the new rent-control law, even as rents begin to creep up in anticipation of garment workers receiving their annual wage raise next month, labour advocates say.The legislation, which went into effect ...
Cheng Sokhorng
http://www.phnompenhpost.com/national/rent-control-law-being-ignored
NEC tells migrants to come home and vote
Though it has refused calls to open new channels for migrant workers to vote in upcoming elections, the National Election Committee (NEC) has sent a letter to all Cambodian embassies appealing for citizens living abroad to return home to register for next year’s polls. But as ...
Kuch Naren and Janelle Retka
https://www.cambodiadaily.com/news/nec-tells-migrants-come-home-vote-117182/
$800 million for mass transit system
Cambodia is seeking a budget of $800 million to develop an automated gateway transit (AGT) system following the completion of a year-long feasibility study by the Japan International Cooperation Agency (JICA), said Minister of Transport Sun Chanthol yesterday. “The feasibility study of the AGT project conducted ...
Chea Vannak
http://www.khmertimeskh.com/news/29362/-800-million-for-mass-transit-system/
Monitoring the internet
Coming on the heels of high-profile arrests linked directly to Facebook posts, the Interior Ministry has revealed plans to establish a new “anti-cybercrime” department that will not only “crack down” on crimes like hacking, but a broad range of misdeeds open to interpretation including incitement ...
Taing Vida
http://www.phnompenhpost.com/national/monitoring-internet
Statement from the Press Secretary on reduction in assistance to the government of Cambodia
On 27 February 2018, the United States Government issued a statement on cutting aid to several assistance programs in Cambodia due to recent setbacks to democracy. The United States Government will suspend or curtail several Treasury, USAID, and American military assistance programs intended to support the General Department ...
U.S. Embassy in Cambodia
Mother Nature turns to puppets to protect its activists
Environment NGO Mother Nature on Saturday debuted a new video about threatened mangroves in Koh Kong province featuring an unlikely spokesperson, or rather, spokes-puppet. The video is about a plot of mangrove forest inside the Peam Krasaop Wildlife Sanctuary that was illegally filled in with sand, ...
Yesenia Amaro
https://www.phnompenhpost.com/national/mother-nature-turns-puppets-protect-its-activists
Customs to get easier for certified firms
Cambodia’s General Department of Customs and Excise will begin certifying firms it deems trustworthy so that their products will have easier passage across the country’s borders, officials have said. The government is working on a program to provide “authorized economic operators” or “AEO” status on approved ...
ADB presents progress on its flood rehabilitation project
The Asian Development Bank (ADB) is pushing forward with the US$67 million flood reconstruction project aimed at rebuilding roads,bridges and irrigation systems hit by the devastating high waters of 2011, improving the nation’s infrastructure and providing livelihoods to people in six severely affected provinces, according ...
Talks on maid MoU slated for summer
A Memorandum of Understanding aimed at protecting maids sent to Malaysia may make headway in the next two months, a government official has said. Secretary of State for the Ministry of Women’s Affairs San Arun said a meeting with Malaysian officials on an MoU is expected ...
http://www.phnompenhpost.com/index.php/2012050755997/National-news/maid-mou-inching-forward.html
Police Search for Counterfeit Riel Notes in Prey Veng
Police in Prey Veng’s Peamro district are searching for a rice trader who paid a traditional healer with counterfeit money, and suspect that more of the fake bills could enter circulation. Neak Loeung commune police chief Chhin Sophal said the unnamed woman had paid 45,000 ...
Government Distributes Land For Landless And Poor People
Samdech Prime Minister Hun Sen on June 14 ordered line ministries to distribute land to landless and real poor people to contribute to strengthening social equity system in the kingdom. “Landless and real poor people will get a plot of land with land titles according to the obvious situation,” Premier said in the launching ceremony ...
Once thought full of potential, Cambodia's palm oil sector has mostly fizzled
At one time, palm oil production stirred a lot of excitement in Cambodia. Perhaps hoping to follow in the footsteps of palm oil giants Malaysia or Indonesia, more than 10 firms in Cambodia registered for land concessions for palm cultivation around a decade ago. Today, there is one left. The others decided palm ...
Cambodia might benefit from Japan-China row
A lot of Japanese companies have been making inquiries about investing in Cambodia. And a good number of them are companies who are considering relocating from China. This was revealed by Phnom Penh Special Economic Zone manager Hiroshi Uematsu in the Japanese newspaper Asahi Shimbun. Recent ...
http://japandailypress.com/cambodia-might-benefit-from-japan-china-row-1515865