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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

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

At least 139 Killed in February traffic accidents

Accidents claimed 139 lives and injured 383In February 2020, At least 106 people were killed in motorcycle accidents, according to the report of the Department of Traffic and Public Order of the National Police. ...

Khmer Times Staff
https://www.khmertimeskh.com/50697213/at-least-139-killed-in-february-traffic-accidents

Announcement of the Forestry Administration on the dismissal of false information accuse that Ministry of Agriculture colludes with TMS company in the auction of forestry crime exhibit

On 03 March 2020, Forestry Administration has released an announcement on the dismissal of false information and to response to the accuse that the Ministry of Agriculture has colluded with TSM company in the auction of forestry crime exhibit. According to the announcement, the auction ...

Forestry Administration

Download: pdf

Former land director in pre-trial detention following ACU arrest

Phnom Penh Municipal Court yesterday placed a former director of the Preah Sihanouk provincial land management department in pre-trial detention after he was charged with abuse of power and committing forestry crimes during his two-year stint in office. ...

Sun Mesa
https://www.khmertimeskh.com/50698582/former-land-director-in-pre-trial-detention-following-acu-arrest

Senate set to review emergency law

The Senate’s Standing Committee is set to convene a meeting on Monday to review the state of emergency draft law after it was unanimously passed by the National Assembly (NA) on Thursday. Senate spokesman Mam Bun Neang said the committee will put the law up ...

Niem Chheng
https://www.phnompenhpost.com/national/senate-set-review-emergency-law

ICRC races to prevent virus transmission in prisons

The International Committee of the Red Cross in Phnom Penh on Friday donated 20 tonnes of health care, hygiene and sanitation supplies to the Directorate General Prison at the Correctional Centre 1. The humanitarian aid aims to assist the General Department of Prisons in preventing ...

Som Kanika
https://www.khmertimeskh.com/50712382/icrc-races-to-prevent-virus-transmission-in-prisons/

Silvered langur endangered, but plentiful in Kingdom

Some 3,000 Indochinese silvered langurs – monkeys native to Southeast Asia and considered endangered by the International Union for Conservation of Nature (IUCN) – are believed to be living in the eastern part of Cambodia. ...

Voun Dara
https://www.phnompenhpost.com/national/silvered-langur-endangered-plentiful-kingdom

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