Cambodia to Export 100,000 Tons of Rice to Indonesia
Commerce Minister Cham Prasidh yesterday signed an agreement with indonesia’s Trade Minister Gita Wijrawan to export 100,000 tons of milled rice to indonesia every year, officials said. Although the details-such as when the exports will begin and where the rice will be sourced-have yet to be ...
Draft law on monitoring transactions passed
The Senate on Tuesday approved a proposed new law to track the flow of money locally and from abroad and across all areas to combat tax avoidance, with special attention given to the private sector and civil society organisations. ...
Mech Dara and Voun Dara
https://www.phnompenhpost.com/national/draft-law-monitoring-transactions-passed
Land protesters under scrutiny
Interior MInister Sar Kheng has issued a letter to all provIncial governors tellIng them to resolve legitimate land disputes beIng raised before the election and keep a lookout for “opportunists” takIng advantage of the election season to grab land. ...
Pech Sotheary
https://www.khmertimeskh.com/50501341/land-protesters-under-scrutiny/
Government cancels contract with Phnom Penh Security company
The Cambodian government decided to cancel all of its contracts with the Roth Sen Sopheap Company, a private security company owned by Roth Sen Sopheap, according to a letter dated last Friday and obtained by Khmer Times yesterday. ...
Mom Kunthear
http://www.khmertimeskh.com/news/21427/government-cancels-contract-with-phnom-penh-security-company/
Government scrubs database that exposed Hun family riches
The Commerce Ministry has scrubbed its website of all corporate shareholder information since last month’s release of a report damned by Prime Minister Hun Sen’s children for shedding light on the first family’s sprawling business empire. ...
Zsombor Peter
https://www.cambodiadaily.com/news/government-scrubs-database-exposed-hun-family-riches-116772/
More protests over factory closing
Almost 600 garment workers from the Malaysian-owned Global Apparel Limited garment factory protested yesterday morning by marching from the factory to another branch 200 meters away, demanding the owners end all worker contracts at the same time. ...
Mom Kunthear
http://www.khmertimeskh.com/news/25824/more-protests-over-factory-closing/
Newly elected must declare assets: ACU
The Anti-Corruption Unit (ACU) has demanded that all new commune chiefs and councillors elected at the June 4 local elections submit asset declarations to the unit and reminded those who were re-elected to update their declarations. ...
Andrew Nachemson and Niem Chheng
http://www.phnompenhpost.com/national/newly-elected-must-declare-assets-acu
Hotels told to stop exam time hikes
The Education Minister yesterday issued a letter to all provincial governors requesting that they ensure guesthouses and hotels do not increase their prices during national exam time, when hundreds of students flood into towns from their rural homes. ...
Mom Kunthear
http://www.khmertimeskh.com/5076537/hotels-told-stop-exam-time-hikes/
Name and shame for tax payment defaulters
The General Department of Taxation of the Ministry of Economy and Finance yesterday re-announced the invitation to all enterprises to come forward and pay their tax debts. ...
Khmer Times Staff
https://www.khmertimeskh.com/50975671/name-and-shame-for-tax-payment-defaulters/
Officials Criticize Laos Over Don Sahong Dam
A day after the Cambodia National Mekong Committee (CNMC) received impact assessment documents from Laos for their controversial Don Sahong dam, Cambodian and Vietnamese officials criticized Laos’ lack of transparency on the mainstream Mekong dam. Located less than 1 km from the Lao-Cambodian border, the 240-MW ...
Kuch Naren and Dene-Hern Chen
http://www.cambodiadaily.com/news/officials-criticize-laos-over-don-sahong-dam-44888/
The great mobile shake-out
Mobile phone subscribers in Cambodia have had little to complain about in recent years. With six new operators entering the market since 2006, the result was oversaturation and an all-out price war as eight operators fought for a foothold in a country with fewer than ...
http://www.bangkokpost.com/business/telecom/334187/the-great-mobile-shake-out
Duty-Free Sugar Exports to EU Hit $13 Million
The European Union (E.U.) last year continued to import millions of dollars worth of duty-free sugar from Cambodian plantations that have forced hundreds of families off their land despite calls from European lawmakers for the trade benefits to end, according to the latest E.U. data. Thailand’s ...
http://www.cambodiadaily.com/news/duty-free-sugar-exports-to-eu-hit-13-million-18114/
Thais to reconsider oil MoU
Cambodian officials yesterday welcomed statements from Thailand’s foreign minister that an all-important 2001 memorandum of understanding on the Overlapping Claims Area would most likely be renewed. Foreign Minister Surapong Towichukchaikul said the MoU would be sent to Thai Prime Minister Yingluck Shinawatra’s cabinet on October 18 ...
http://www.phnompenhpost.com/index.php/2011100551947/Business/thais-to-reconsider-oil-mou.html
Human side of business
Companies should embrace the concept of corporate social responsibility (CSR) in their operations and encourage a positive impact through their activities on the environment, consumers, employees, communities, stakeholders and all other members of the public, said an NGO official yesterday. “CSR-focused businesses would proactively promote public ...
Chea Vannak
http://www.khmertimeskh.com/news/31606/human-side-of-business/
Unions happy over labor protections
Union officials have applauded the Ministry of Labor which is preparing to ratify some international Labor Organization’s (ILO) conventions, including two that unions, factory workers and domestic workers have long demanded. The Labor Ministry said on Wednesday that to promote and protect the rights, benefits and ...
Mom Kunthear
http://www.khmertimeskh.com/news/32695/unions-happy-over-labor-protections/
Agreement forced, Loun Savath says
Activist monk Loun Savath yesterday decried an “agreement” he thumbprinted in the presence of Supreme Patriarch Nun Nget on Thursday, claiming he was forced to comply under duress. Speaking from a safe place yesterday, the “multimedia monk” said a group, including the municipal chief monk and ...
http://www.phnompenhpost.com/index.php/2012052856419/National-news/agreement-forced-monk-says.html
Cambodia attracts $2.28 bln investment projects last year: gov't report
Cambodia had granted licenses to 157 domestic and foreign investment projects with a total investment of 2.28 billion U.S. dollars in 2012, according to a report of the Council for the Development of Cambodia (CDC) on Tuesday. Domestic investors topped the chart among all investors last ...
http://news.xinhuanet.com/english/business/2013-01/29/c_132136638.htm
Boeung Kak Resolution Speeds on
Responding to a new plan put forward by members of the Boeung Kak community and NGOs last month, Phnom Penh Municipal Hall announced on Friday that it had drawn up a list of all families who remain excluded from the 12.44 hectares Prime Minister Hun ...
http://www.phnompenhpost.com/2013061066166/National/boeung-kak-resolution-speeds-on.html
First hedging deal transacted
ANZ Royal Bank has transacted a landmark commodities hedging deal with a local oil importer, officials at the bank said yesterday. The deal allows the company, whose name ANZ Royal would not disclose, citing confidentiality agreements, to lock in an agreed price for the future sale ...
Daniel de Carteret
http://www.phnompenhpost.com/business/first-hedging-deal-transacted
Capital governor declares moratorium on dredging
Phnom Penh municipal governor Pa Socheatvong has ordered a complete suspension of all sand-dredging activities while the municipality investigates whether the companies are operating illegally, a spokesman said. The order came during a meeting yesterday between the governor and his subordinates, City Hall spokesman Long Dimanche ...
http://www.phnompenhpost.com/national/capital-governor-declares-moratorium-dredging