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PM says no tax for biz with annual income below KHR 250M

Micro enterprises with an annual turnover of less than 250 million riels will not be taxed, Prime Minister Hun Manet assured on Thursday evening during his special statement on the ‘One-Year Achievements of the Royal Government of the 7th Legislature of the National Assembly’ that ...

Manoj Mathew
https://www.khmertimeskh.com/501547280/pm-says-no-tax-for-biz-with-annual-income-below-khr-250m/

Cambodia's 'worst year’ for land disputes

More than 200 people were arrested while defending their land in 2012 – a year human rights groups described yesterday as Cambodia’s “worst” for land disputes. Of the 201 people arrested – a figure that more than doubled the 2011 total – 29 were imprisoned, mostly ...

http://www.phnompenhpost.com/2013012460955/National/cambodia-s-worst-year-for-land-disputes.html

Ministry of Foreign Affairs and International Cooperation

Ministry of Foreign Affairs and International Cooperation. Photo taken from the ministry’s Facebook Page, taken on 23 August 2023.EstablishmentUnder Royal Decree No. NS/RKM/0196/10, the Ministry of Foreign Affairs and International Cooperation (MFAIC) was formally established on 24 January 1996. The ministry has a total of ...

Mercedes halts imports over luxury tax

The sole retailer of Mercedes-Benz cars into the country, Hung Hiep (Cambodia) Co., has suspended imports since January over what it claims is a new import duty on luxury cars coming into the country. Other luxury car importers including Porsche, Audi, BMW and Jaguar Land Rover, ...

George Styllis
http://www.cambodiadaily.com/business/mercedes-halts-imports-over-luxury-tax-56050/

Civil society’s participation in the draft Land Law dialogue for land rights protection

The Cambodian government has drafted an entirely new Land Law (the draft law), more than 20 years after the promulgation of the 2001 Land Law. Acknowledging the importance of participation from civil society, local communities, and indigenous peoples (IPs), Open Development Cambodia (ODC) formally sought ...

Microfinance success stories from the countryside

When Chheung Rattana was married a few years ago, the only thing she and her new husband inherited from their families was a small plot of land to grow rice on. It was a tough start for the newlyweds, who decided that the only way ...

May Kunmakara
http://www.khmertimeskh.com/news/22923/microfinance-success-stories-from-the-countryside/

Cyber bill raises concerns

Cambodia’s highly secretive draft law on cybercrime, which has never been released publicly, seeks to criminalise online content that “slanders or undermines” government agencies, ministries or officials or affects “political cohesiveness”, a copy obtained by the Post reveals. The law, which was first announced in May ...

Kevin Ponniah
http://www.phnompenhpost.com/national/cyber-bill-raises-concerns

Cambodia's economy to grow by 7.2 pct in 2013, stronger in 2014: ADB

Cambodia’s economic growth is forecast at 7.2 percent in 2013, picking up to 7.5 percent next year as recovery in Europe and the United States takes hold, according to the Asian Development Bank’s annual economic outlook released on Tuesday. The United States and Europe are the ...

http://news.xinhuanet.com/english/business/2013-04/09/c_132295116.htm

Unifying brand name unveiled as Rice Federation addresses its flaws

The Cambodia Rice Federation (CRF) today announced a new “Malys Angkor” brand to be used as the official moniker for four species of Cambodian fragrant rice. The first day of the two-day Cambodia Rice Forum also featured the release of a remarkably frank report on the ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/unifying-brand-name-unveiled-rice-federation-addresses-its-flaws-0

Adhoc: houses for families displaced by dam sub-standard

New houses built for 100 families who were pushed off of their land by the construction of the Sesan Krom II Dam have been slammed as substandard by the Cambodian Human Rights and Development Association (Adhoc). ...

Chea Takihiro
http://www.khmertimeskh.com/news/14260/adhoc--houses-for-families-displaced-by-dam-sub-standard/

Education ushers women into workforce

Gender inequality in education is still palpable in Cambodia, causing women to be undervalued in the workplace and their potential to be untapped, the Under Secretary of State at the Ministry of Women’s Affairs said during the celebration of the United Nations International Day of the ...

http://www.phnompenhpost.com/index.php/2012100859160/Business/education-to-empower-new-generation-of-women-leaders.html

King Sihamoni Signs Decree Terminating All Adviser Positions

King Norodom Sihamoni has signed off on a Royal Decree terminating the positions of every ministry-level adviser in the government except for those of Prime Minister Hun Sen in order to allow recently appointed officials to appoint new advisers. The decree, signed October 1 and obtained ...

Khuon Narim
http://www.cambodiadaily.com/news/king-sihamoni-signs-decree-terminating-all-adviser-positions-44720/

Riel trust needed for stability

As much as $320 million is being lost annually as a result of Cambodia’s reliance on the US dollar, while a longstanding mistrust in the riel means there is less of the local currency in circulation, restricting the national bank’s ability to respond in times ...

Eddie Morton
http://www.phnompenhpost.com/business/riel-trust-needed-stability

Royal Group submits plan for coal-fired plant

New details have emerged on Royal Group’s ambitions to expand its energy portfolio after a government official clarified that Cambodia’s biggest conglomerate is seeking to develop its own coal-fired power plant, rather than finance an existing one. ...

Kali Kotoski
http://www.phnompenhpost.com/business/royal-group-submits-plan-coal-fired-plant

Exports Rise, but Value of Goods Remains Weak

Cambodia saw significant percentage gains in regional trade in the first six months of the year, though the gap between imports and exports remained large, according to data released yesterday by the Ministry of Commerce. According to the figures, the country saw regional exports to ...

http://www.camnet.com.kh/cambodia.daily/

MEF bullish on medium-term growth amid diversification

The Cambodian economy is demonstrating signs of a recovery in terms of gross domestic product (GDP) growth in 2024 and the following periods, according to new statistics released by the Ministry of Economy and Finance’s (MEF) General Department of Policy which have predicted the country’s ...

​Jam​e​s ​White​head​
https://www.khmertimeskh.com/501520198/mef-bullish-on-medium-term-growth-amid-diversification/

SMEs in anti-graft partnership

The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMAC) has sought support from the anti-corruption organization Transparency International, to prepare it to be a graft-free business entity and help its members to be listed on the Cambodia Stock Exchange (CSX). ...

Chea Vannak
http://www.khmertimeskh.com/news/29307/smes-in-anti-graft-partnership/

PM Adviser given extra title at financial ministry

Prime Minister Hun Sen has appointed his personal adviser Kong Vibol as director general of the General Department of Taxation at the Ministry of Econ­­omics and Finance, ac­­cording to the Royal Book en­­try of August 22. In addition to his expertise in taxation, Vibol is also ...

http://www.phnompenhpost.com/index.php/2012091058608/National-news/pm-adviser-given-extra-title-at-finance-ministry.html

Cambodian goods to be certified

The Ministry of Industry, Mines and Energy (MIME) will begin promoting the Institute of Standards of Cambodia (ISC) certifications by the end of 2012 in an effort to educate people about certified goods, according to ministry officials. The program is in order to boost consumer confidence ...

http://www.phnompenhpost.com/index.php/2012070657245/Business/cambodian-goods-to-be-certified.html

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