Viettel (Cambodia) Co Ltd expects earnings to rise almost 10 percent to about $280 million in 2012, deputy chief Tran Le Phong said. The Vietnamese operator of the Metfone network expects to pay $60 million in taxes this year, up from $52 million last year ...

Tax preferences have been offered to small and medium enterprises (SMEs) as incentives for encouraging informal ones to register and update business information.​ ...

The National Election Committee (NEC) has a tentative plan to register political parties and candidates online next year to bolster trust in Cambodian elections and the country’s information technology system. ...

The Ministry of Mines and Energy on Monday put on offer concession licences for some 207sq km of gold-polymetallic mining areas in Tbong Khmum and Ratanakkiri provinces. It said the areas of tenement are 107.10sq km in Tbong Khmum’s eastern Memot district and 100sq km ...

The Ministry of Agriculture has published a list of phone contacts that include officials tasked to answer questions from farmers to help with their agricultural work. ...

Prime Minister Hun Sen on Tuesday offered VOD staff to work in the government after the media organization had its license revoked on Monday. ...

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 European Union plans to launch two initiatives aimed at promoting the green transition and fostering sustainable trade in Cambodia, according to new EU Ambassador to Cambodia, Igor Driesmans. ...

The government is offering tourism-related businesses in Siem Reap struggling from the slow tourist rebound a share of a $50 million pot of loans to keep operations afloat, however, concerns have been raised that the 6.5 percent interest rate may be too high for some. ...

responsAbility Social Investments AG, a Swiss for-profit company that operates four microfinance investment vehicles (MIVs), recently reported to MicroCapital that it has invested USD 13.5 million in microfinance institutions (MFIs) Equity Bank of Kenya and VisionFund Cambodia. The investments have been made through three MIVs: ...

More creative thinking is needed to restore trust in Cambodian products, but intense competition from foreign investment has the potential to stifle local innovation, industry experts say. A survey of more than 600 Cambodian consumers undertaken by Thai Market Research Company Envirosell found that Cambodian consumers ...

Trade unions agreed yesterday to lobby the government to double the minimum wage in the garment sector, representatives said, following two days of meetings. Rong Chhun, president of the Cambodian Confederation of Unions, said union delegates had agreed on the $120 per month figure ahead of ...

Despite steady economic growth in recent years, Cambodia remains one of the least-Developed countries in the Asia-Pacific region and faces the challenge of diversifying its economy and moving up the production value chain, the U.N. Economic and Social Commission for Asia and the Pacific (ESCAP) ...

The Cambodian government on Thursday announced a higher minimum wage of U.S. $80 per month for garment and footwear workers but they were not impressed, vowing to continue a strike until it is raised to U.S. $100. A tripartite meeting between the government, unions and Garment ...

About 50 police, soldiers and environmental officials yesterday demolished two houses and cut down thousands of trees belonging to families who are locked in a land dispute with MDS Import Export Co, owned by tycoon Try Pheap, villagers in Pursat province claimed. Fellow villager Khouch ...

Vietnam and Cambodia jointly held a ceremony on December 26 morning in Duc Co district of the Central Highlands province of Gia Lai to inaugurate their borDer marker No.30 and the road connecting two checkpoints of the Le Thanh-O Za Dao international borDer gate. ...

Phnom Penh and Beijing are in talks to become “sister cities”, chief of the Chinese Embassy’s political section Wang De Xin confirmed yesterday. ...

Mondulkiri provincial police charged four men with illegal logging and immigration crimes after they allegedly caught the suspects collecting wood in O’Raing district. Vietnamese nationals Orng Minh Chhung, 30; le Vantieng, 38; Tvan Taktech, 33; and Thvang Vanthai, 36, were arrested while gathering freshly cut pieces ...

Human rights group Licadho raised the alarm yesterday over the increased use of armed force by authorities as they seek to suppress protests over Cambodia’s numerous land disputes. It noted that during the past two months, security forces have opened fire on villagers during three ...

Angered by the clearing of parts of Prey Long forest, several hundred indigenous minority villagers marched on a rubber plantation here in northern Kompong Thom province yesterday night and breached its gate in order to demand that the company stop cutting down trees in the ...