Sar Kheng: Sub-national level budgets to be paid via bank to stop corruption
Minister of Interior Sar Kheng announced on Tuesday that the budgets for sub-national administrations next year will be paid via the bank to prevent corruption and ensure transparency. He also warned officials not to abuse power for personal gain. Sar Kheng was speaking at the ...
Mech Dara
https://www.phnompenhpost.com/national/sar-kheng-sub-national-level-budgets-be-paid-bank-stop-corruption
ADB, Cambodia launch second Asia Women Leaders Program
The Asian Development Bank (ADB), in collaboration with the Ministry of Women’s Affairs, is holding a second Asia Women Leadership Program (AWLP) event starting today to help senior women government officials develop their potential to become future leaders. ...
The FINANCIAL News Staff
http://finchannel.com/index.php/business/item/51339-adb-cambodia-launch-second-asia-women-leaders-program
Productivity cuts into growth
Cambodia’s GDP growth fell below the 7 percent mark for the first time since 2011 last year, signalling a need for the government to address the country’s low productivity and insufficient public infrastructure spending, according to a World Bank report released yesterday. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/productivity-cuts-growth
Global Fund donates $98m despite graft investigation
Global Fund will provide $98 million to fight malaria, tuberculosis and AIDs from 2018 to 2020, an official said on Thursday, with the donor seemingly banking on improved oversight to prevent alleged government fraud and nepotism it described as recently as March. ...
Ben Paviour
https://www.cambodiadaily.com/news/global-fund-donates-98m-despite-graft-investigation-132750/
Kep province to build 2 ports under ADB project
Kep Provincial Administration plans to construct two standard ports for the fisheries and tourism sectors under a Asian Development Bank (ADB) project, which aims to develop these industries in the province. ...
Chea Vanyuth
https://www.khmertimeskh.com/501067972/kep-province-to-build-2-ports-under-adb-project/
Full text of China-Cambodia joint press communique
The following is the full text of the joint press communique between China and Cambodia issued on Tuesday during the official visit by Prime Minister Samdech Akka Moha Sena Pedei Techo Hun Sen of the Kingdom of Cambodia to China: Joint Press Communique Between the People’s ...
Tycoon reelected president of two chambers of commerce
Kith Meng, chairman of the Royal Group, was reelected president of the Cambodia Chamber of Commerce yesterday in a landslide vote at its Phnom Penh office. The tycoon, whose interests span television, banking, telecoms and property, was also reelected president of the Phnom Penh Chamber ...
Sok Chan
http://www.khmertimeskh.com/news/18177/tycoon-reelected-president-of-two-chambers-of-commerce/
Tycoon reelected president of two chambers of commerce
Kith Meng, chairman of the Royal Group, was reelected president of the Cambodia Chamber of Commerce yesterday in a landslide vote at its Phnom Penh office. The tycoon, whose interests span television, banking, telecoms and property, was also reelected president of the Phnom Penh Chamber ...
Sok Chan
http://www.khmertimeskh.com/news/18177/tycoon-reelected-president-of-two-chambers-of-commerce/
Small-scale sand dredging business shut down
A small-scale sand dredging business on the banks of Sraeng lake in Banteay Meanchey’s Teuk Cho commune was shut down yesterday by Preah Net Preah district authorities after it was found to be operating without a license, according to district governor Ly Sovannarith. ...
Pav Suy
http://www.khmertimeskh.com/news/22745/small-scale-sand-dredging-business-shut-down/
Food stockpiles depress prices
Record stockpiles of food will keep worldwide prices low for 2017 and much could depend on China’s huge stocks of many commodities, Dutch food and agri financing bank Rabobank predicted yesterday, painting a dour picture for Cambodia’s food exporters struggling against low prices. ...
May Kunmakara
http://www.khmertimeskh.com/news/32346/food-stockpiles-depress-prices/
ANZ to offer online tax payment system
ANZ Royal customers will be able to make tax payments in local currency and in US dollars at all bank branches and online starting in April following the signing of a memorandum of understanding (MoU) with the Economy and Finance Ministry on Friday. ...
Sok Chan
http://www.khmertimeskh.com/news/35105/anz-to-offer-online-tax-payment-system/
GDT now allows you to pay the tax man online
The General Department of Taxation (GDT) announced yesterday that it has officially launched an e-payment platform that allows individual and corporate taxpayers to pay their obligations online and directly through bank accounts, a move that businesses in the Kingdom hope will trim waiting periods. ...
Hor Kimsay
http://www.phnompenhpost.com/business/gdt-now-allows-you-pay-tax-man-online
Housing boom prompts calls for more lending, bubble warning
With the real-estate boom entering its fourth year banks and developers are eager to expand credit to the sector, though regulators say they are monitoring lending for real estate for signs of a bubble and are taking preemptive measure to minimize risks that could affect ...
May Kunmakara
http://www.khmertimeskh.com/news/17987/housing-boom-prompts-calls-for-more-lending--bubble-warning/
Commission, EU to discuss subsidies
Members of the opposition will join their ruling party counterparts on the National Assembly’s (NA) Second Commission on Economics, Finance, Banking and Auditing in a meeting today with a European Union (EU) technical working group to discuss EU subsidies to Cambodia. ...
Taing Vida
http://www.khmertimeskh.com/news/27759/commission--eu-to-discuss-subsidies/
River landslide destroys homes
Ten houses on the banks of the Bassac river in Kandal province were damaged when part of the riverbank collapsed on Saturday. Soy Saravorn, the deputy police chief in Saang district, said parts of the homes in Roka Khpous commune fell into the water. ...
Pav Suy
http://www.khmertimeskh.com/news/36893/river-landslide-destroys-homes/
CLV countries boost cooperation against banknote counterfeit
Cambodia, Laos and Vietnam have been committed to enhance their cooperation in combating counterfeit banknotes. The commitment was made at a symposium held in Hanoi, Vietnam last Friday attended by relevant officials from the three neighbouring countries, according to the National bank of Cambodia’s news ...
Khan Sophirom
http://www.akp.gov.kh/?p=106872
Asean invests $178 Million in Cambodia for the first semester of 2012
Cambodia has gained the investments of 178 million U.S. dollars from its ASEAN member states in the first six months of 2012, according to a report from the Council for the Development of Cambodia said this week. From January to June this year, the country granted ...
UN Security Council bid falls short
After more than a year of bitter campaigning, Cambodia saw its efforts to win one of five non-permanent seats on the UN Security Council fall flat early this morning after the vote went to South Korea. In an election held at the UN General Assembly in ...
Government to expand dolphin safe zone
On the heels of a year in which the deaths of endangered Irrawaddy dolphins rose – as much as 100 per cent by some estimates – the government is paving the way for greater enforcement of conservation measures along a protected stretch of the Mekong. Touch ...
http://www.phnompenhpost.com/2013011660812/National/government-to-expand-dolphin-safe-zone.html
Chinese tourist numbers high
Foreign tourists visiting Cambodia increased more than 24 per cent for the first eight months of the year compared to the same period last year, while tourism officials expected Chinese visitors could be ranked number two in the Cambodian tourism market in the future. According to ...
http://www.phnompenhpost.com/index.php/2012100459105/Business/chinese-tourist-numbers-high.html