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Ministry, NGO to push training

Youth vocational training may be the key to curbing migration and combating poverty in Cambodia’s most vulnerable communities, according to child welfare NGO Pour un Sourire d’Enfant (PSE), which is helping to roll out a technical skills program for high school dropouts. ...

Rebecca Moss
http://www.phnompenhpost.com/national/ministry-ngo-push-training

Gov’t promises border action

A government delegation yesterday told Tbong Khmum provincial and local officials it would resolve a border dispute with Vietnam in Memot district “very soon”, as villagers blocked from their farms in the contested area by Vietnamese authorities say they fear looming food shortages. ...

Vong Sokheng and Shaun Turton
http://www.phnompenhpost.com/national/govt-promises-border-action

Chhouk Bandith's victims see hope in Sok Bun arrest

Three factory workers shot more than three years ago by a town governor who remains at large have come to Phnom Penh to ask Prime Minister Hun Sen to take action in their case, given the recent success of the premier’s call to arrest a ...

Chhay Channyda
http://www.phnompenhpost.com/national/chhouk-bandiths-victims-see-hope-sok-bun-arrest

Gov’t prepares its tourism strategy for 2020

The Cambodian government has finalised a five-year Tourism Marketing Strategy that it hopes will help lure more visitors and investors to the Kingdom. ...

Xueying Chen
http://www.phnompenhpost.com/business/govt-prepares-its-tourism-strategy-2020

Nearing lower-middle income

Cambodia is expected to reach a GDP per capita of $1,220 this year, putting it on course to being a lower-middle income economy, said Commerce Minister Sun Chanthol, who was attending a meeting with Macau entrepreneurs in Phnom Penh yesterday. ...

May Kunmakara and Ananth Baliga
http://www.phnompenhpost.com/business/nearing-lower-middle-income

Credit bureau brings rural lenders into the fold

Five rural credit operators signed an agreement to join the Credit Bureau Cambodia on Thursday as the watchdog and the National Bank of Cambodia ramp up efforts to better monitor the country’s expansive, but largely informal, rural lending industry. ...

Kang Sothear and Tsz-kwan Ho
https://www.cambodiadaily.com/business/credit-bureau-brings-rural-lenders-into-the-fold-90227/

Commercial bank lending, deposits rising

Cambodia’s commercial banks lent $11.9 billion to customers in the first half of this year, a 33 percent increase from the amount lent during the same time last year, according to a National Bank of Cambodia (NBC) report released Tuesday. ...

Un Raksmey and Igor Kossov
http://www.khmertimeskh.com/news/14087/commercial-bank-lending--deposits-rising/

Another tax incentive to entice companies to CSX

In a bid to encourage companies to list on Cambodia’s beleaguered stock exchange, a new prakas released today will allow businesses to delay their monthly prepayment of tax on profit to the end of the year, according to an announcement on the Cambodia Securities Exchange. ...

Ananth Baliga
http://www.phnompenhpost.com/business/another-tax-incentive-entice-companies-csx

Test takers say their prayers

On the eve of the grade 12 national exam students across Phnom Penh put down their revision notes and flocked to local pagodas and shrines yesterday, praying that they will pass the high-stakes test – and that the proctors will let them cheat.With testing starting ...

Taing Vida and Alice Cuddy
http://www.phnompenhpost.com/national/test-takers-say-their-prayers

Reporters send complaint over warning letter

More than 30 journalists in Ratanakkiri province have written to the Club of Cambodian Journalists (CCJ) about what they described as a threatening letter sent by the provincial governor last week in which he said journalists should stop extorting money from illegal loggers. ...

Ben Sokhean
https://www.cambodiadaily.com/news/rkiri-reporters-send-complaint-over-governors-warning-letter-93044/

Education minister predicts an improvement in exam results

After thousands of teachers completed grading the grade 12 national exam on Wednesday, the education minister on Thursday predicted improved results compared to last year, when less than 25 percent of students passed the first round of the test. ...

Janelle Retka and Aun Chhengpor
https://www.cambodiadaily.com/news/education-minister-predicts-an-improvement-in-exam-results-93393/

CCC passes amendments on 10 articles of Trade Union Law

The Constitutional Council of Cambodia (CCC) on Thursday reviewed and approved the draft law on amendments to 10 articles of the Law on Trade Unions amid criticism from local and international civil society organisations. The amended articles, which were approved by the National Assembly in ...

Niem Chheng
https://www.phnompenhpost.com/national/ccc-passes-amendments-10-articles-trade-union-law

GDT: ‘Tax reforms won’t harm corporations’

The General Department of Taxation (GDT) released a statement on Wednesday aiming to quash fears that the Kingdom’s tax reforms would adversely affect corporate taxpayers, saying the moves are meant to “strengthen tax collection transparently and equitably”. ...

Thou Vireak
https://www.phnompenhpost.com/business/gdt-tax-reforms-wont-harm-corporations

Anti-fake news site online

The Women’s Media Centre of Cambodia (WMC) has launched an information verification website named ‘Crosscheck WMC’ to combat the spread of misinformation on social media. It will enable the public to verify information from a number of sources to identify whether the information is true ...

Long Kimmarita
https://www.phnompenhpost.com/national/anti-fake-news-site-online

CDC unveils system to manage imports

The Council for the Development of Cambodia (CDC) has announced a new service that aims to facilitate imports for investment projects, according to an announcement issued on Monday. ...

Thou Vireak
https://www.phnompenhpost.com/business/cdc-unveils-system-manage-imports

Rubber exports rise by 30% year-on-year

Cambodia exported more than 282,071 tonnes of rubber last year, a 30 per cent increase from 2018’s 217,501 tonnes, a Ministry of Agriculture, Forestry and Fisheries report said. The commodity reeled in $377 million in revenue last year, up 32 per cent from 2018’s $286 ...

Thou Vireak
https://www.phnompenhpost.com/business/rubber-exports-rise-30-year-year

Private sector leaders to meet with Hun Sen

The private sector will meet with Prime Minister Hun Sen in April for the 19th Government-Private Sector Forum, which aims to address issues being faced by the business community. Lim Heng, vice-president of the Cambodia Chamber of Commerce (CCC) and director of coordination for the ...

Hin Pisei
https://www.phnompenhpost.com/business/private-sector-leaders-meet-hun-sen-0

Regulator touts achievements of local stock market

The Cambodia Securities Exchange (CSX) continues to go from strength to strength, with the average trading value growing nearly five-fold from 2018 to 2019 to surpass $157,000, the latest report from the market regulator shows.​ ...

May Kunmakara
https://www.phnompenhpost.com/business/regulator-touts-achievements-local-stock-market

French chamber supports tourism sector subsidies

The French Chamber of Commerce and Industry (FCCI) in Cambodia has endorsed the government’s measures to address a decline in tourist numbers in Siem Reap. ...

Khorn Savi
https://www.phnompenhpost.com/national/french-chamber-supports-tourism-sector-subsidies

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