Concessions Not for Logging, Hun Sen Says
Prime Minister Hun Sen yesterday told senior officials to stop investors from using land concessions as a pretext for logging and to discuss the possibility of reducing the amount of time such concessions can last. The government placed a moratorium on logging concessions in 2002 to ...
SME board possible this year
Market regulator Securities and Exchanges Commission of Cambodia and Cambodia Securities Exchange are looking at reducing some of the current initial public offering requirements, as a way to attract more small- and medium-size businesses to list on the flagging exchange. ...
May Kunmakara
http://www.phnompenhpost.com/business/sme-board-possible-year
Vietnam to host annual trade fair in October
Vietnam will host its seventh annual trade fair in Cambodia during the second week of October of this year, the Department of Economics in the Vietnam Ministry of National Defense (MOD) announced in Ho Chi Minh City last week. ...
Post Staff
http://www.phnompenhpost.com/business/vietnam-host-annual-trade-fair-october
In Cambodian Courts, Scales of Justice Are Tilted
An investigation into the February shooting of three female garment workers by the former governor of Bavet City, Chhouk Bundith, will be completed and sent to a prosecutor for review by the end of the week, a Svay Rieng Provincial Court official said yesterday. Despite the ...
Lifting maid ban proving a challenge
A lack of legal protections, insufficient commitment from the Malaysian government and an overworked, understaffed embassy are among the major obstacles to lifting the maid ban, according to an internal government report obtained yesterday. Penned by the Ministry of Interior, the 12-page brief details a ...
http://www.phnompenhpost.com/2013010960701/National/lifting-maid-ban-proving-a-challenge.html
Weighing risk and reward on construction sites
As the booming construction sector attracts more rural Cambodians to seek employment in the capital, the different working conditions between high-rises in urban areas and borey developments have factored into varying degrees of earning potential and living standards.According to estimates by the Ministry of Land ...
Kali Kotoski and Sum Manet
http://www.phnompenhpost.com/real-estate/weighing-risk-and-reward-construction-sites
Government Decree Regulates Internet Cafe Use
The Ministry of Post and Telecommunications has ordered that Internet cafes be prohibited from operating within 500 meters of a school and imposing restrictions on patrons under the age of 18. A notice sent to government offices from Telecommunications Minister So Khun, dated November 12, outlines ...
Plans for Angkor Restoration To Be Discussed in Siem Reap
Representatives from international and national teams involved in the restoration and preservation of the Angkor Archeological Park are meeting today in Siem Reap City to discuss the future of the site. Gathered for the Technical Session of the International Coordinating Committee of Angkor (ICC), the representatives ...
Battambang, tourism, UNESCO officials talk World Heritage plans
UNESCO, the Battambang provicial government and tourism officials held talks yesterday on plans to list the province on the UN arm’s World Heritage Cities Program. As part of the first of several conferences on sustainable tourism for the conservation of cultural and natural heritage and the ...
Thik Kaliyann
http://www.phnompenhpost.com/business/battambang-tourism-unesco-officials-talk-world-heritage-plans
Cambodia's only listed firm reports 12.5 pct surge in profit last year
Phnom Penh Water Supply Authority (PPWSA), Cambodia’s only listed company, made a net profit of 9.68 million US dollars in 2013, up 12.5 percent compared with 8.6 million US dollars in a year earlier, the firm ‘s audited financial statement showed Saturday. The statement said the ...
Global Times News Staff
http://www.globaltimes.cn/content/855552.shtml#.U1SHrPmSxqV
Firm offers to find jobs for cheated migrants
A recruitment company has offered to help find employment in Thailand for a group of migrant workers who have accused another firm of cheating them out of hundreds of dollars each and leaving them at the Thai border last week, the company’s director said Wednesday. ...
Buth Kimsay
https://www.cambodiadaily.com/news/firm-offers-to-find-jobs-for-cheated-migrants-96050/
Wrangling over wage may spur new unrest
Unions representing garment workers have pledged to reignite protests if the minimum wage for the industry is raised to only $115 next year, a sum they say was offered by the Garment Manufacturers Association in Cambodia during a meeting on Friday. The Labour Advisory Committee (LAC) ...
Mom Kunthear
http://www.phnompenhpost.com/national/wrangling-over-wage-may-spur-new-unrest
South Korea loans $21 million for rural improvement
H.E. Aun Pornmonirath, Secretary of State of the Ministry of Economy and Finance of Cambodia and Mr. Sang Wang Byun, Executive Director of Export-Import Bank of the Republic of Korea, on September 21 signed $21 Million Loan Agreement for Cambodia’s Rural Roads Improvement Project. “The ...
PPWSA posts its Q2 profits
Phnom Penh Water Supply Authority (PPWSA) earnings recovered slightly during the second quarter of the year off the back of increased public water usage, officials said. In a filing to the Cambodia Stock Exchange last week, the PPWSA posted $2.7 million in profits for the second ...
Hor Kimsay
http://phnompenhpost.com/business/ppwsa-posts-its-q2-profits
Cambodia Bourse Sees End to IPO Drought
Cambodia’s stock market is set for a revival early next year when initial public offerings are expected by at least four local companies, ending a drought for a bourse that has hosted just one listing since its trading debut in April. State-owned Telecom Cambodia and Sihanoukville ...
http://online.wsj.com/article/SB10001424127887323894704578114560882515832.html?mod=googlenews_wsj
Trash pact in crosshairs
City Hall has warned Phnom Penh’s sole waste management firm that it has just one more opportunity to lift its game before its oft-criticised contract comes under threat. ...
Morn Vanntey and Daniel de Carteret
http://www.phnompenhpost.com/national/trash-pact-crosshairs
Cambodia aims to adopt law on 'Access To Information' in 3 years
The Cambodian government said Monday that a law on access to information will be adopted in three years. Cambodia has spent more than a decade working on this draft law. The formation of a new government in July committed to reforming all the government’s bodies ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/131230/cambodia-aims-adopt-law-access-information-3-years
Cambodia's banks continue enjoying strong growth this year: vice-governor
Cambodia’s banking sector has continued enjoying robust growth in both loans and deposits this year, Ouk Maly, vice-governor of the National Bank of Cambodia, said Wednesday. ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141008/cambodias-banks-continue-enjoying-strong-growth-year-vice-go
Telecom law grants ‘police powers’
Private-sector representatives today are to conclude a two-day consultation forum with the government over the controversial new draft telecommunications law. The Ministry of Posts and Telecommunications’ (MPT) yet-to-be-approved draft law includes provisions that grant the ministry judicial powers to indict telecom service-related operators and even everyday ...
Eddie Morton
http://www.phnompenhpost.com/business/telecom-law-grants-%E2%80%98police-powers%E2%80%99
Kingdom collects $2.79 billion in tax revenue in 1H
Cambodia collected 11,497.98 billion riels (approximately $2.79 billion) from all sources of taxes in the first half of 2023, which is equivalent to 49.1 percent of the target ($5,692 million) for the year, according to the Ministry of Economy and Finance’s report. ...
Chea Vanyuth
https://www.khmertimeskh.com/501339088/kingdom-collects-2-79-billion-in-tax-revenue-in-1h/