Micro, small, medium firms vital but need support: Report
Strengthening the dynamics of micro, small, and medium enterprises (MSMEs) with innovation and internationalisation will be key to revitalising Southeast Asian economies devastated by Coronavirus, according to a new report from the Asian Development Bank (ADB). ...
Sok Chan
https://www.khmertimeskh.com/50777691/micro-small-medium-firms-vital-but-need-support-report/
Prakas on tax debt management issued
The Ministry of Economy and Finance on November 20 issued Prakas No 962 SHV BrK on Tax Debt Management. The new prakas sets forth rules and procedures relating to tax debt management and aims to ensure a more efficient, effective and transparent collection process. ...
Thou Vireak
https://www.phnompenhpost.com/business/prakas-tax-debt-management-issued
Ministry of Health initialises three-stage protocol for delegations
A new three-stage protocol was announced yesterday by the Ministry of Health for any meetings with the King and Queen Mother, as well as meeting with Prime Minister Hun Sen, Heng Samrin, president of the National Assembly and Say Chhum, president of the Senate. ...
Khann Chanvirak
https://www.khmertimeskh.com/50785807/ministry-of-health-initialises-three-stage-protocol-for-delegations/
Public order draft law in danger of worsening blame culture, say CCHR
The Executive Director of the Cambodian Center for Human Rights Chak Sopheap has said that victim-blame culture encourages violence against women and the public order new draft law is in danger of exacerbating this issue. ...
Sok Srey Lux
https://www.khmertimeskh.com/50760102/public-order-draft-law-in-danger-of-worsening-blame-culture-say-cchr/
Japan, UN support civil discourse
The Japanese government and the UN Development Programme (UNDP), in conjunction with Cambodia’s Ministry of Interior and the Cambodian Human Rights Action Committee (CHRAC) – a coalition representing local NGOs – have inaugurated a new cooperative development project. ...
Niem Chheng
https://www.phnompenhpost.com/national/japan-un-support-civil-discourse
Mandatory quarantines, high alert at Thai border
Minister of Interior Sar Kheng stressed to authorities of provinces bordering Thailand that they must strictly enforce instructions from Prime Minister Hun Sen concerning Covid-19 preventive measures following detection of a new outbreak of the disease in Thailand’s Samut Sakhon province. ...
Niem Chheng
https://www.phnompenhpost.com/national/mandatory-quarantines-high-alert-thai-border
Lake filling in capital draws CSOs concern
Civil society organisations (CSOs) working on the environment and human rights have expressed concern about filling parts of Boeung Tamok Lake to create new parcels of land on the outskirts of Phnom Penh. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/lake-filling-capital-draws-csos-concern
112 garment factories open in 2020
In a tumultuous period for the garment industry, the year 2020 brought the closure of 129 factories in the Kingdom, affecting over 70,000 workers while 112 new factory openings created more than 20,000 jobs. ...
Mom Kunthear
https://www.phnompenhpost.com/national/112-garment-factories-open-2020
FTAs, FDIs and tourism essential for Cambodia’s economic bounce back
Although vaccines have begun to be administered in the Kingdom, a resurgence in cases and talk of new virus variants continues to fuel economic uncertainty. Tourist numbers dropped by over 70 percent between January and September of 2020 year-on-year. ...
Tom Starkey
https://www.khmertimeskh.com/50822760/ftas-fdis-and-tourism-essential-for-cambodias-economic-bounce-back/
“Word of Mouth” still dominating Cambodian consumer purchase decisions
Despite Cambodia’s increasing digital adoption, word of mouth recommendation (WOM) still holds the most weight when it comes to influencing purchasing decisions, according to a new report by research site Engagement Labs (EL). ...
Tom Starkey
https://www.khmertimeskh.com/50823413/word-of-mouth-still-dominating-cambodian-consumer-purchase-decisions/
KiwiPay plan merger with Meal Temple
Hong-Kong-based fintech firm Kiwi Pay Group Co Ltd (KiwiPay) announced a strategic merger with Cambodian food and grocery delivery start-up Meal Temple Group Pty Ltd to enter more developing markets with a new app called KiwiGo. ...
Thou Vireak
https://www.phnompenhpost.com/business/kiwipay-plan-merger-meal-temple
Kingdom joins ASEAN securities plan
The newly-renamed Securities and Exchange Regulator of Cambodia (SERC) and its nine capital-market-regulator counterparts in ASEAN on March 15 signed a new five-year Action Plan 2021-2025 for the development of the sector. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-joins-asean-securities-plan
ADB: Adapting to 4IR will boost garments, tourism
A study conducted by the Asian Development Bank (ADB) recommended that Cambodia develop industry transformation maps in key sectors to enable transitions under the fourth industrial revolution (4IR). This should be accompanied by adequate investment in skills development for new and repositioned jobs. ...
Niem Chheng
https://www.phnompenhpost.com/national/adb-adapting-4ir-will-boost-garments-tourism
Buy Now, Pay Later model could supplant credit cards
According to technology business site Tech In Asia, the once-obscure Buy Now Pay Later (BNPL) trend is getting new legs, which could see the option spreading in an increasingly digital Asia-Pacific. ...
Tom Starkey
https://www.khmertimeskh.com/50810014/buy-now-pay-later-model-could-supplant-credit-cards/
CDC greenlights five projects worth $1.3B
The government on March 26 approved five new investment projects worth about $1.3 billion and expected to absorb 2,250 workers, even amid a dramatic escalation in the ASEAN member’s fight against the spread of the Covid-19 disease. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-greenlights-five-projects-worth-13b
MRC unveils plans to balance Mekong basin development
The Mekong River Commission (MRC) unveiled a new 10-year Basin Development Strategy (BDS) and five-year Strategic Plan (SP) to balance basin development and management to enable Mekong member countries to address emerging challenges and improve the overall state of the basin. ...
Lay Samean
https://www.phnompenhpost.com/national/mrc-unveils-plans-balance-mekong-basin-development
Sihanoukville port terminal construction delayed
Construction of a new container terminal of Sihanoukville Autonomous Port has been delayed to early next year due to slower-than-planned layout design, according to the management. ...
Hin Pisei
https://www.phnompenhpost.com/business/sihanoukville-port-terminal-construction-delayed
State markets allowed to fully reopen
All kinds of business in state markets are permitted to resume from the onset of June 15, according to a new decision issued by Phnom Penh municipal governor Khuong Sreng late on June 14. ...
Post Staff
https://www.phnompenhpost.com/national/state-markets-allowed-fully-reopen
Stiffer fines for violators of consumer protection law
More than 1,000 officers from the Directorate-General of Consumer Protection, Competition and Fraud Repression (CCF) with increased powers are set to enforce new measures and impose stiffer penalties for businesses that break the law from July 1. ...
Long Kimmarita |
https://www.phnompenhpost.com/national/stiffer-fines-violators-consumer-protection-law
Unions Demand Global Brands Help Workers Losing Income during Lockdown
Workers’ unions and civil society groups called on well-known fashion brands to do more to help Cambodian workers affected by the COVID-19 pandemic. This came after a new report stated that Cambodian garment sector workers had lost millions in wages during the lockdown from April ...
Lay Sopheavotey
https://cambodianess.com/article/unions-demand-global-brands-help-workers-losing-income-during-lockdown