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Tax dept can’t do job, report says

Cambodia’s tax department is under-resourced and understaffed, thereby hindering its ability to generate revenue, according to an Asian Development Bank (ADB) analysis released earlier this month. The analysis, which took into account survey results from 22 tax revenue bodies across Asia between 2012 and 2013, paints ...

Eddie Morton
http://www.phnompenhpost.com/business/tax-dept-can%E2%80%99t-do-job-report-says

Minor fraud prompts hard prison sentence

A former civil servant was sentenced on Friday to five years in prison by Kampong Cham Provincial Court for stealing the pensions of 10 retired teachers – a total of $500 – in March 2012. Mang Yusreng, former chief of the Social Affairs Office in Srei ...

Chhay Channyda
http://www.phnompenhpost.com/national/minor-fraud-prompts-hard-prison-sentence

ID card grace period nearing end

The Ministry of Interior yesterday reminded Cambodians of their obligation to obtain new or replacement national ID cards, a common piece of documentation required for people over 15 years of age and the validity of which had previously been extended to accommodate last year’s national ...

Meas Sokchea
http://www.phnompenhpost.com/national/id-card-grace-period-nearing-end

Cambodia says increased networks with ASEAN, China key to boosting economy

Cambodia sees the development of physical networks between itself and other Southeast Asian nations and China as key to boosting its economy and achieving closer regional ties, government officials said recently. Transport Minister Tram Iv Tek said Cambodia has well-developed overland roads to connect the country ...

Ecns.cn News Staff
http://www.ecns.cn/2014/12-10/146092.shtml

Newest ASEAN fund may be out of reach for Cambodian govt

The ASEAN Infrastructure Fund, the largest pooling of financial resources among Southeast Asia’s 10-member bloc, held its first board meeting in Manila last week, but the extent to which Cambodia will borrow from the non-concessional fund has yet to be determined, experts said. ASEAN countries and ...

http://www.phnompenhpost.com/index.php/2012050756005/Business/newest-asean-fund-may-be-out-of-reach-for-cambodian-govt.html

Tourist arrivals top estimates

The number of tourists to arrive in Cambodia in 2012 was at least 200,000 higher than expectations, possibly reaching 3.5 million, officials said yesterday. Thong Khon, Minister of Tourism, told the Post yesterday that  in the first 11 months of 2012, Cambodia received 3.2 million tourists, ...

http://www.phnompenhpost.com/2013010160559/Business/tourist-arrivals-top-estimates.html

Southeast Asia's solid economic growth rides over global woes

Southeast Asia is showing stronger signs of resilience to global turbulence than the rest of Asia as buoyant domestic spending offsets struggling exports, while low debt levels give governments more room than their cash-strapped counterparts in the West to deliver stimulus. On Thursday, the Philippines became ...

http://uk.reuters.com/article/2012/06/01/uk-seasia-economy-idUKBRE85009U20120601

Mobile phone revenues per user to decline

Revenues per user in Cambodia’s mobile phone sector will drop sharply over the next five years, according to global research and consultancy firm Frost & Sullivan. The company said the average revenue per user – ARPU, a key metric for the industry – would fall ...

http://www.phnompenhpost.com/index.php/2011070150112/Business/mobile-phone-revenues-per-user-to-decline.html

Air Asia expands services, flights

Malaysia-based Air Asia will begin offering travel services in Cambodia, and may expand its flights to neighbouring countries, company officials said. The airline launched its first Air Asia Travel and Service Center in Phnom Penh yesterday. Air Asia will partner with tour operator Mekong Discovery. So Mara, ...

http://www.phnompenhpost.com/index.php/2011121353316/Business/air-asia-expands-services-flights.html

US Embassy Offered Praise for Court Verdicts, Cables Show

The conviction of a school teacher who abused an 11 year old girl was hailed by the US Embassy in Phnom Penh last year, it has been revealed by WikiLeaks. The diplomatic cables that were released speak of the support the US has for an ...

Hun Sen says ASEAN instrument for workers a priority for 2012

Prime Minister Hun Sen said Tuesday that establishing a regional instrument to protect migrant workers in Southeast Asia should be a priority for ASEAN this year. “The free flow of skilled workers is a key condition for the ASEAN Economic Community,” he said in an opening ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NGFlOWQwZDBjZjUzMDc5ZjE3MTdlMTY4MzA1Yzhm

MFI lending continues on course

Cambodia’s microfinance sector continued to expand rapidly during the first half of the year, despite concerns over rising default rates as the industry’s main borrowers – provincial farmers – struggle to repay their loans after successive seasons of drought and poor harvests. ...

Hor Kimsay
http://www.phnompenhpost.com/business/mfi-lending-continues-course

Draft of long-awaited access-to-information law unveiled

A proposed access-to-information law more than a decade in the making was unveiled to the public yesterday, with just one item left to finalise – punishments for officials who refuse to disclose public information. ...

Daphne Chen
http://www.phnompenhpost.com/national/draft-long-awaited-access-information-law-unveiled

We Will Not Be Moved

They’re known as the BK13 and they’re not prepared to let greedy developers take the very, very little they have. They’re 13 women – mothers, grandmothers – who live around what used to be Boeung Kak Lake – not far from the centre of Cambodia’s ...

http://www.abc.net.au/foreign/content/2012/s3638845.htm

Cambodian PM vows to bring greater prosperity to his people

Cambodian Prime Minister Hun Sen said he had set a vision that his country will be among countries with upper middle income by the year of 2030. He said Cambodia has laid out strategies and action plans to achieve an annual economic growth of 6-7 ...

http://www.chinadaily.com.cn/business/boao2013/2013-04/04/content_16376913.htm

Cambodia warned, again, on intellecual property regulation

Cambodian manufacturers are at risk of being blocked from exporting to the United States for using pirated software, IT industry bodies warned yesterday. Speaking at a seminar that was held at the Intercontinental Hotel in Phnom Penh, Michael Mudd, the secretary general of the Asia-Pacific Open ...

Daniel de Carteret
http://www.phnompenhpost.com/business/cambodia-warned-again-intellecual-property-regulation

Koh Kong dam online since late last year

Cambodia’s largest hydropower plant to date, the Stung Russey Chrum, is operational. The 338-megawatt dam, located in Koh Kong’s Mondul Sima district forest, produced and transmitted electricity to Phnom Penh last month, according to its developer, China Huadian Corporation. “It is the biggest and best dam we ...

Phak Seangly
http://www.phnompenhpost.com/national/koh-kong-dam-online-late-last-year

Cambodia envoy lauds Clark airport growth

Cambodia Ambassador Tuot Panha said the viability of Clark International Airport will make it one of the progressive international gateways in the Philippines. The ambassador said she would like to see flights between Clark and Phnom Penh or Clark and Siem Reap, now one of the ...

Sun Star News Staff
http://www.sunstar.com.ph/pampanga/local-news/2014/03/09/cambodia-envoy-lauds-clark-airport-growth-332246

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