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Minister of Information: We tax only stations that rent and use local frequency

After receiving a letter from the Ministry of Economy and Finance on the request to take actions against the Radio Free Asia and the Voice of America located in Cambodia, which have been actively engaged in broadcasting and renting airtime from other radio stations yet ...

Un Rithy
http://www.akp.gov.kh/kh/?p=193541

China seeks rubber imports

China wants to import 300,000 tonnes of rubber from Cambodia by early next year, as the Cambodian government boosts its capacity for direct rubber exports to China. ...

Chea Vannak
http://www.khmertimeskh.com/5081294/china-seeks-rubber-imports/

NBC tests mechanism to link Kingdom’s major banks

The central bank officially held a soft launch last Friday for its central shared switch mechanism, which connects account records of three of the Kingdom’s leading financial institutions, allowing them to operate ATM and point-of-sale (POS) terminals in tandem. ...

Hor Kimsay
http://www.phnompenhpost.com/business/nbc-tests-mechanism-link-kingdoms-major-banks

PM urges unionist not to flee

Prime Minister Hun Sen has assured unionist Vorn Pao that he does not need to fear arrest and flee the country over possible links to an attempted colour revolution by the former opposition CNRP. ...

May Titthara
http://www.khmertimeskh.com/5091090/pm-urges-unionist-not-flee/

Private sector worried over universal wage law

The private sector is concerned that the newly proposed universal minimum wage law, which is reportedly being drafted by the government and comes on the heels of numerous new labour regulations, has created a climate of uncertainty, according to an industry expert. ...

Robin Spiess
http://www.phnompenhpost.com/business/private-sector-worried-over-universal-wage-law

Irrawaddy dolphins red listed

Cambodia’s beloved Irrawaddy dolphins are facing troubled waters, with the International Union for Conservation of Nature (IUCN) yesterday flagging the riverine mammal as ‘critically endangered’ in an update to its ‘Red List’. ...

Danielle Keeton-Olsen
http://www.phnompenhpost.com/national/irrawaddy-dolphins-red-listed

Big trouble in little China? Exploring Chinese investment in Sihanoukville

The coastal city of Sihanoukville is undergoing a massive transformation. Once perceived as a seedy haunt for lethargic backpackers and expats, a flood of Chinese tourists and investors has begun to alter the landscape by setting up everything from gaudy casinos to towering luxury resorts ...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/post-depth-business/big-trouble-little-china-0

Cambodia to reduce foreign debt

The government plans to reduce its foreign debt and raise capital through the issuance of bonds, a representative of the Ministry of Economy and Finance has unveiled. “Increasing local borrowing instead of foreign borrowing will improve the country’s trade balance and current account,” said Vong Seyvisoth, ...

Chea Vannak
http://www.khmertimeskh.com/50102229/cambodia-to-reduce-foreign-debt/

Environment officials target special economic zones

An environment-monitoring working group from the Environment Ministry and the Council for the Development of Cambodia plans to meet with the owners of nearly 50 special economic zones across the country to promote standards on environmental protection and liquid waste management. ...

Pech Sotheary
http://www.khmertimeskh.com/50105456/environment-officials-target-special-economic-zones/

Japanese investment worth $1.6 billion in 2017

With over 130 registered projects in banking, manufacturing, agriculture, service and infrastructure, among other sectors, Japanese investment in the kingdom was valued at $1.6 billion in 2017, according to the Council for the Development of Cambodia (CDC). ...

Chea Vannak
http://www.khmertimeskh.com/50109243/japanese-investment-worth-1-6-billion-2017/

Petitioners bring years-long land disputes to ministry

Some 300 villagers representing over 6,800 families delivered a slew of petitions to the Council of Ministers and Ministry of Land Management on Monday demanding resolution to longstanding land disputes affecting about 19,000 hectares over four provinces. ...

Soth Koemsoeun
http://www.phnompenhpost.com/national/petitioners-bring-years-long-land-disputes-ministry

Affordable public housing needed: official

A senior official at the Ministry of Land Management, Urban Planning and Construction appealed yesterday to institutions, private companies and related parties to help increase public housing for low and middle income families. In the first annual national forum on housing yesterday, Chhan Saphan, a secretary ...

Pech Sotheary
http://www.khmertimeskh.com/news/31108/affordable-public-housing-needed--official/

Mobile vehicle checkpoints start

The Ministry of Transport has started checking trucks traveling along National Road 6 to ensure they conform to legal size and modification requirements, it announced this week. According to a post on the ministry’s Facebook page, mobile inspection teams were deployed in Kampong Cham province to ...

Pav Suy
http://www.khmertimeskh.com/news/31384/mobile-vehicle-checkpoints-start/

World Bank: Cambodia business climate improves

Cambodia continued to improve its business environment over the past year, according to the World Bank’s “Doing Business 2017” report that measures the regulations that enhance business activity and those that constrain it in 190 countries. The World Bank made this assessment despite the Kingdom’s ...

Sum Manet
http://www.khmertimeskh.com/news/31306/world-bank--cambodia-business-climate-improves/

Tax app launched next year

The first ever smartphone tax app is set to be launched next year in an effort to make tax payments by companies more transparent. The app developed by the General Department of Taxation (GDT) of the Ministry of Finance and Economy, is a platform for individuals ...

Chea Vannak
http://www.khmertimeskh.com/news/31521/tax-app-launched-next-year/

Minister warns UN over criticism

Foreign Affairs Minister Prak Sokhonn on Friday warned the UN’s Office Of High Commissioner for Human Rights (OHCHR) in Cambodia against criticizing government decisions, deeming it disrespectful to the nation’s sovereignty. ...

Taing Vida
http://www.khmertimeskh.com/news/31722/minister-warns-un-over-criticism/

Agriculture minister goes on defensive

Agriculture Minister Veng Sakhon yesterday defended his ministry amid complaints by farmers of low yields during dry season, rising costs of production and a lack of markets to sell their produce, saying that other ministries and sectors also shared responsibility. ...

Touch Sokha
http://www.phnompenhpost.com/national/agriculture-minister-goes-defensive

Decline in transfers linked to rice prices

International fund transfers to Cambodia through Acleda Bank, which claims to handle a quarter of all inbound fund transfers to the country, decreased slightly last year as a result of lower rice prices, a bank executive said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/decline-transfers-linked-rice-prices

Sleeker tax system nets more revenue

Efforts to introduce an effective, modern taxation system appear to be paying off as government coffers swelled last year, giving the state more revenue to use for development at a time when donor aid is drying up. ...

Hor Kimsay
http://www.phnompenhpost.com/business/sleeker-tax-system-nets-more-revenue

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