Family and residence books put under commune control
The Ministry of Interior has announced that the authentication of residence books and family books will now fall under the purview of the commune instead of district administrations. A ministry press release entitled Transferring of the police chiefs in providing residence and family books dated ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/family-and-residence-books-put-under-commune-control
Securities Exchange Commission says there is no lack of auditors
The Securities Exchange Commission of Cambodia (SECC) has responded to concerns that a lack of licensed auditors may be affecting listed companies’ ability to submit interim financial results in full and on time to the market regulator. ...
Harrison White
https://www.khmertimeskh.com/50780007/securities-exchange-commission-says-there-is-no-lack-of-auditors/
Cambodia not to declare the state of emergency
Cambodia will not declare the state of emergency with the current situation of COVID-19 transmission in the country, stressed Prime Minister Hun Sen in a voice message Monday evening. ...
Khmer Times Staff
https://www.khmertimeskh.com/50781339/cambodia-not-to-declare-the-state-of-emergency/
No state of emergency would be declared, PM says
Prime Minister Hun Sen reaffirmed today that the Kingdom will not declare a state of emergency for the “November 28 community incident” because it will paralyze the country’s economy. ...
Khmer Times Staff
https://www.khmertimeskh.com/50789957/no-state-of-emergency-would-be-declared-pm-says/
SECC launches excellence programme 2
The Securities and Exchange Commission of Cambodia (SECC) launched here on Nov. 23 the “Excellence Programme 2” to help small- and medium-sized enterprises prepare for stock market listing. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50785547/secc-launches-excellence-programme-2/
Seeds sown for Stung Treng agriculture
Stung Treng provincial authorities will work with integrated food-distribution company Hun Ty Co Ltd to exploit the province’s potential for crop cultivation and potentially set up a processing plant for export down the line, provincial administration spokesman Men Kung told The Post on November 26. ...
Hin Pisei
https://www.phnompenhpost.com/business/seeds-sown-stung-treng-agriculture
SECC, Australia team up to improve domestic capital mobilisation for infrastructure investment
The Australian Government joined the Securities and Exchange Commission of Cambodia (SECC) to launch the landmark Domestic Capital Mobilisation for Infrastructure Investment through the Security Market Project. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50771221/secc-australia-team-up-to-improve-domestic-capital-mobilisation-for-infrastructure-investment/
Gov’t collects $1.68B in tax revenue
The General Department of Taxation (GDT) collected $1.68407 billion in tax revenue in the first half of this year, up $181.68 million or 12 per cent compared to the same period last year, it said in a press release. Issued at a meeting on the ...
Hin Pisei
https://www.phnompenhpost.com/business/govt-collects-168b-tax-revenue
Five more investment projects worth $60 Million licensed
The Council for the Development of Cambodia (CDC) has given the green light to five new investment projects with a total investment capital of $58 million.According to the council’s press release issued this morning, the newly approved projects are expected to create about 800 jobs ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50756987/five-more-investment-projects-worth-60-million-licensed/
Three investment projects worth $36.5 million approved, to create hundreds of jobs
The Council for the Development of Cambodia (CDC) has given the green light to three new investment projects with a total investment capital of $36.5 million. According to the council’s press release issued yesterday, the newly approved projects are expected to create some 615 jobs ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50747222/three-investment-projects-worth-36-5-million-approved-to-create-hundreds-of-jobs/
Gains not losses: Key factors that affect share prices in the market
Share price fluctuations can either create opportunities for gains for investors – or potentially be the cause of losses. Factors that drive demand (buying orders) higher than supply (selling orders) will generally lead to an increase in stock price. Conversely, any that drive supply higher ...
In-principle nod given to securities companies in Kingdom
The Securities and Exchange Commission of Cambodia (SECC) on January 5 approved in principle a handful of applications for licences. In a press release on the minutes of an SECC meeting led by chairman and Minister of Economy and Finance Aun Pornmoniroth, the securities regulator ...
Thou Vireak
https://www.phnompenhpost.com/business/principle-nod-given-securities-companies-kingdom
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
ECCC’s split decision leaves Case 003 in limbo
The National and International Co-Investigating Judges of the Extraordinary Chambers in the Courts of Cambodia (ECCC) yesterday issued a split conclusion today in Case 003 of former Khmer Rouge navy commander Meas Muth, leaving the case in limbo. ...
Khmer Times Staff
https://www.khmertimeskh.com/50835693/ecccs-split-decision-leaves-case-003-in-limbo/
Australia pledges more aid for ECCC
Australia has announced to provide up to AUD 2 million over the next two years through the United Nations to help conclude the Khmer Rouge Tribunal (ECCC)’s legal proceedings and, importantly, to support the Tribunal’s archiving and community outreach mechanisms. ...
Khmer Times Staff
https://www.khmertimeskh.com/50816078/australia-pledges-more-aid-for-eccc/
Two listed firms post sound 2020 business
Two companies listed on the Cambodia Securities Exchange (CSX) reported sound business performance last year despite economic duress caused by the Covid-19 pandemic’s enduring stranglehold on regional and global economies. ...
May Kunmakara
https://www.phnompenhpost.com/business/two-listed-firms-post-sound-2020-business
How the US Fed’s forecast affects local economy
The Cambodian economy is not insulated from fears of inflation and the selloff of US bonds, according to a financial analyst. US Federal Reserve Chair Jerome Powell reaffirmed the US’ quantitative easing policy to spur a turnaround in the country’s economy. ...
Husain Haider
https://www.khmertimeskh.com/50829301/how-the-us-feds-forecast-affects-local-economy/
Think tank forum held to enhance China-Cambodia ties
The second Cambodia-China Think Tank High-Level Forum was held Wednesday in Beijing, with the theme of “Towards New Development Phase of Cambodia-China Bilateral Relations.” ...
Khmer Times Staff
https://www.khmertimeskh.com/50904414/think-tank-forum-held-to-enhance-china-cambodia-ties/
Farmers propose lower tax on agriculture imports
The Cambodian Farmer Community (CCFC) has asked the government to intervene and solve the high price of agriculture products for poor farmers and lower the tax on agriculture imports and find a way to help farmers produce fertilizers and pesticides locally rather than using all ...
Yin Soeum
https://www.khmertimeskh.com/50913318/farmers-propose-lower-tax-on-agriculture-imports/
General Department of Prisons reports 73 percent of inmates now vaccinated
The Ministry of Interior’s General Department of Prisons (GDP) has vaccinated over 73 per cent of the 37,000 inmates throughout the country as of August 5 and is continuing to vaccinate prisoners in seven remaining provinces with the US-donated Johnson & Johnson Covid-19 jabs. ...
Voun Dara
https://www.phnompenhpost.com/national/gdp-reports-73-cent-inmates-now-vaccinated