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Tax-free brackets adjusted

The government has raised the tax-free bracket from 1.2 million riel (about $300) to 1.3 million (about $320) in a move to ensure civil servants due for raises this year are not subjected to income tax. A sub-decree signed by Prime Minister Hun Sen earlier this ...

Long Kimmarita
https://www.phnompenhpost.com/national/tax-free-brackets-adjusted

Acleda to sell vehicle tax stamps

Cambodia’s government yesterday announced it had chosen the largest local bank, Acleda Bank Plc, to be its partner for vehicle tax stamp sales. Acleda will operate for the General Department of Taxation of the Ministry of Economy and Finance in all 23 provinces and Phnom Penh.   Sim Eang, royal ...

http://www.phnompenhpost.com/index.php/2012082158174/Business/acleda-bank-to-sell-vehicle-tax-stamps.html

Japan donates $3 million to fight marine plastic waste

The Japanese government will provide a $3 million grant to help Cambodia fight marine plastic pollution and promote a responsible cycle of using, reusing and recycling all forms of plastic waste.​The grant will fund an anti-waste project to be implemented by the Ministry of Environment, ...

Nov Sivutha
https://www.phnompenhpost.com/national/japan-donates-3-million-fight-marine-plastic-waste

Cambodia fostering development of food standards throughout food chain

Cambodia is committed to ensuring that its food supply is safe and healthy for all Cambodians, leading to safe and healthy diets, said Dith Tina, Minister of Agriculture, Forestry, and Fisheries during the World Food Safety Day celebration held here on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501344336/cambodia-fostering-development-of-food-standards-throughout-food-chain/

NBC plans $50M Forex bids in effort to stabilise currency

The National Bank of Cambodia (NBC) has scheduled four foreign exchange auctions this September to infuse a total of $50 million into the market. The move comes at a critical time, with experts viewing it as a significant step towards stabilising the Cambodian riel against ...

Van Socheata
https://phnompenhpost.com/national/nbc-plans-50m-forex-bids-effort-stabilise-currency

Mondulkiri solves its biggest land dispute

An outside the court settlement was made in the biggest land dispute in Mondulkiri province had seen since 2019. Bousra commune chief Yeut Savin said yesterday that land disputes involving three companies – Varanasi Economic Land Concession Company, Socfin-KCD Company, Kovipama Company – and indigenous ...

Chhun Sunly
https://www.khmertimeskh.com/501178068/mondulkiri-solves-its-biggest-land-dispute/

China to advance BRI cooperation with Cambodia

The China-proposed Belt and Road Initiative (BRI) is committed to promoting the connectivity and common development of all countries, and China will continue to advance Belt and Road cooperation with Cambodia, delivering more benefits to the two peoples, Chinese Foreign Ministry spokesperson Mao Ning said ...

Khmer Times Staff
https://www.khmertimeskh.com/501296669/china-to-advance-bri-cooperation-with-cambodia/

Puma officials go to Cambodia after factory shooting

German sportwear maker Puma sent officials to investigate working conditions in Cambodia after a local woman working for one of its suppliers was shot during a labour protest on Monday. The woman, who was employed by Kaoway Sports, was shot during a protest by employees of ...

http://www.reuters.com/article/2012/02/23/puma-cambodia-idUSL5E8DN8S820120223

City's Water Authority Open to Bids

The Phnom Penh Water Supply Authority (PPWSA) will begin taking bids from investors tomorrow in order to determine the price and number of shares it will issue during its long-awaited initial public offering on Cambodia’s stock exchange, the company’s general director said yesterday. Investors will ...

Bavet governor implicated

Bavet town governor Chhouk Bandith is the man who gunned down three unarmed women at a protest last week, Interior Minister Sar Kheng alleged yesterday, saying an official complaint had been filed against him. Outside an unrelated conference, the minister told reporters the governor would ...

http://www.phnompenhpost.com/index.php/2012030254828/National-news/bavet-governor-implicated.html

ODA Projects Signed with Japan

Agreements for two Japanese official development assistance (ODA) projects for Cambodia were recently signed at two separate ceremonies One ODA project amounts to US $53.3 million loan for the West Tonle Sap Irrigation and Drainage Rehabilitation and Improvement Project. The other project involves a US $700,000 ...

Cambodia Faces Tests With 2012 Asean Chairmanship

For the second time in the history of the Association of Southeast Asian Nations, Cambodia has taken over the chairmanship of the 10-nation bloc. The country first chaired Asean in 2002–03, when it had been a member for only three years. Yet the world and the ...

http://www.thejakartaglobe.com/opinion/cambodia-faces-tests-with-2012-asean-chairmanship/499533

Boeng Kak Lake Is No Longer Visible on Google Map of Area

Over three years after Shukaku Inc started filling Boeung Kak lake with sand to make way for a CPP Senator’s massive real estate project, Google Maps has now completely erased the image of the lake, which the municipality’s year-end report says is now 95 percent ...

Six Arrested For Crossing Laos Border

Six Cambodians, including a police officer, were arrested in Laos last week after crossing into the country illegally from bordering Stung Treng province, according to a military official. The group, which also included two women, had been foraging for plants and fishing in the jungle near ...

Hyatt Overtakes Siem Reap’s Hotel de la Paix

Hyatt Hotels Co will open its first hotel in Cambodia next year by rebranding the well-known five-star boutique resort Hotel de la Paix, the company said in a statement on Tuesday. As part of the agreement, KS Hotels and Resorts, a Thai-based firm, will retain full ...

Another Activist in Prey Sar

A 65-year-old woman who has spent months sleeping under a staircase at Borei Keila yesterday became the second land-rights activist sent to Prey Sar prison in little more than 24 hours. Phnom Penh Municipal Court investigating judge Ly Leabmeng questioned villager representative Tim Sakmony for almost ...

http://www.phnompenhpost.com/index.php/2012090658543/National-news/cambodian-government-imprisons-second-land-activist-in-two-days.html

Construction sector investment soars

Investment in the Cambodian construction sector reached US$1.38 billion in the first seven months of 2012, an 8s-percent rise over the same period last year, according to figures from the Ministry of Land Management, Urban Planning and Construction. During the January to July period this ...

Land abuses 'threaten stability'

Cambodia’s economic land concession (ELC) policies are hindering development far more than helping it and beginning to erode the country’s hard-won stability, Cambodia’s special rapporteur warned yesterday. “As I have noted in relation to other sectors in Cambodia, the existence of the legal framework on paper ...

http://www.phnompenhpost.com/index.php/2012092658912/National-news/un-report-slams-cambodias-land-abuses.html

LG looks to introduce Optimus G soon

One of the top three manufacturers of mobile phOnes for the Cambodian market, LG, is likely to roll out its new flagship product, the Optimus G, by the end of the year. Success in the smartphOne market would signal a successful turnaround for LG. Prior ...

http://www.phnompenhpost.com/index.php/2012092758949/Business/lg-optimus-g-coming-soon.html

Embattled villagers fight on

First, agricultural company DM group displaced them, now a recently arrived commercial farmer has threatened their lives and chased them off their new land, said representatives of 12 families engaged in a long-standing land dispute in Ratanakkiri province. On Wednesday, the 12 Tampuon ethnic minority families ...

http://www.phnompenhpost.com/2013011160746/National/embattled-villagers-fight-on.html

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