Prime Minister Hun Sen yesterday announced that the government would begin levying a tax on agricultural land transfers that are valued at more than $25,000. “The government has decide to tax 4 percent on land that cost more than 100 million riel [about $25,000],” Mr. ...

The recent growth of foreign direct investment (FDI) into the Kingdom will be a good opportunity to develop small- and medium- sized businesses, an official said yesterday. According to Hang Chuon Naron, deputy director of the National Economic Supreme Council and secretary of state at the ...

Cambodia’s trade with US reaches US$1.39-B in 1-H, + 4.5% Bi-lateral trade volume between Cambodia and the United States had jumped to US$1.39-B in 1-H of this year, a 4.5% rise compared with US$1.33-B at the same period last year, according to the statistics of the ...

he European Union is warning eight nations from around the world to improve their fight against illegal fishing or risk sanctions. EU Fisheries Commissioner Maria Damanaki said Thursday that naming Belize, Cambodia, Fiji, Guinea, Panama, Sri Lanka, Togo and Vanuatu did not mean they were put ...

The seventh investment–trade–tourism promotion conference for the Cambodia–Laos–Vietnam development triangle took place in the Central Highlands province of Kon Tum on December 5. The event attracted the participation of representatives from over 400 domestic and foreign businesses. Vietnam is investing in 50 projects worth close to ...

For the second time, court officials want to question three female workers who say they were shot and wounded by former Bavet town governor Chhouk Bandith at a labour protest earlier this year. The second summons, which has outraged the women, stems from a complaint that ...

The five-day Cambodia Gems & Jewelry Fair (CGJF) will kick off on June 14 at the Diamond Island (Koh Pich) Exhibition Centre and will be hosted by the Cambodian Ministry of Commerce in association with Hong Kong’s World Trade Fair Ltd. the CGJF has attracted companies ...

Cambodian Confederation of Unions president Rong Chhun threatened yesterday to lead a march of more than 3,000 striking garment workers from Kandal province to the capital on Thursday if their employer refuses to meet their demands. “[Workers] have already made commitments with me to march to ...

Garment employees who have refused to return to work after striking for three weeks no longer have jobs at Tai Yang Enterprise, which supplies Levi’s and Gap, management said yesterday. Tired of strikes the company claims are costing it US$10,000 per day, administrative manager Ou Meng ...

A 22.8 percent increase in the value of imports to Cambodia this year is partly due to a high demand for construction materials, a Commerce Ministry official said yesterday. In the first 11 months of 2012, total trade in and out of Cambodia reached $12.31 billion, ...

Newly-designated Thai ambassador to Cambodia Touchayoot Pakdi pledged on Wednesday to strengthen and deepen bilateral ties and cooperation with Cambodia in all fields for both sides’ mutual benefits. Speaking at a meeting with Cambodian deputy Prime Minister and Foreign Minister Hor Namhong, the ambassador asserted that ...

The World Bank has revised its growth prediction for Cambodia upwards to 7 per cent for 2013, from its January prediction of 6.7 per cent, a revision it attributes to the performance of the Kingdom’s agriculture, tourism and garment sectors. Cambodia’s outlook is generally positive, according ...

With the promise of better care for both mother and baby during labour, the Maternal Child Medical Centre was inaugurated yesterday at the Siem Reap Provincial Hospital. The inauguration was presided over by Deputy Prime Minister Tea Banh, who said the centre was the first of ...

A bail hearing for imprisoned Boeung Kak lake land activist Yorm Bopha, 29, will be held this morning at the Supreme Court, her husband, Lous Sakhorn, said yesterday. Bopha was arrested on September 4 last year and charged with intentional violence over the assault ...

Maybank Investment Bank Bhd (Maybank IB) plans to leverage on its parent, Malayan Banking group’s presence in Cambodia, Laos to penetrate their capital markets there. Maybank IB chief executive officer Tengku Datuk Zafrul Abdul Aziz said on Monday he was looking at organic growth for the ...

Vietnamese Deputy Prime Minister Nguyen Thien Nhan said Tuesday that the country will expedite overland boundary demarcation with Cambodia and expects to fully complete the process by 2015. Speaking at a meeting with Cambodian Parliament Chief Heng Samrin, Nhan said that so far, the two countries ...

The Better Factories Cambodia programme has been renewed after a new, three-year Memorandum of Understanding (MOU) was agreed. The new agreement, aimed at furthering the initiative’s mission to improve working conditions in Cambodian garment factories, was signed by the International Labour Organization (ILO), the Cambodian Ministry ...

A landmine blast tore both legs from a 19-year-old man as he searched a wooded area in Pailin province’s Sala Krao district for bamboo shoots. Despite losing his legs, Thean Chin survived the explosion, and is receiving treatment at the Battambang Provincial Hospital, Sala Krao Deputy ...

The death of a miner on Monday in a pit collapse in Preah Vihear is under investigation by Adhoc, the rights group has said. Lor Chann, Adhoc coordinator in Preah Vihear province, said yesterday that the miner died while working for a private mining firm in ...

Member states of the Greater Mekong Sub-region (GMS) will meet at an annual meeting in Hanoi on Dec 19 to explore measures to embrace tourism linkages, Vietnam News Agency (VNA) reported. Cao Van Ban, development assistance committee head of Vietnam-Laos-Cambodia Association for Economic Cooperation Development (VILACAED), ...