Rubber prices tumble as industry panics
Cambodia’s steadily declining rubber prices have hit critically low levels that are destined to only get worse as Thailand prepares to offload huge rubber stocks, the secretary-general of the Association for Rubber Development of Cambodia said Thursday. As the price of natural rubber has paralleled a ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/rubber-prices-tumble-as-industry-panics-58889/
Gov’t prepares for mine standoff
Officials backed by a small detachment Of gendarmerie seconded from the National Military Police are preparing for potentially violent confrontations with security forces employed by illegal mining companies, an Official said yesterday. Meng Saktheara, a secretary Of state at the Ministry Of Mines and Energy, yesterday ...
Daniel Pye
http://www.phnompenhpost.com/govt-prepares-mine-standoff
Kingdom rubber exports dip
Cambodian rubber exports declined 3 per cent year-on-year during the first two months of 2012, according to figures from the Ministry of Commerce. the value of the exports fell by nearly a third. ...
http://www.phnompenhpost.com/index.php/2012041155546/Business/kingdom-rubber-exports-dip.html
Prime minister confirms construction of new airports
Prime Minister Hun Sen yesterday said that the kingdom will soon be serviced by two new international airports, confirming the construction of new airfields in Phnom Penh and Siem Reap. Mr Hun Sen’s announcement comes days after the Council of Ministers formally approved on Friday ...
May Kunmakara
http://www.khmertimeskh.com/50102797/prime-minister-confirms-construction-of-new-airports/
Villagers occupy land in stand-off
Police yesterday confronted more than 200 villagers in Svay Rieng province as they tried to occupy land at the centre of a long-running dispute with a development company. the villagers are unhappy because the government granted NK Venture special permission to build a sugar plantation on ...
Sen David
http://www.khmertimeskh.com/news/38700/villagers-occupy-land-in-stand-off/
Ministry says it is making efforts to stop abuse
The Foreign Affairs Ministry on Friday defended The Cambodian Embassy and consulates in China, which have been accused of ignoring female citizens in peril There, and said it has made efforts to cut off The flow off women being sold into broThels or forced marriages. In ...
Kuch Naren
http://www.cambodiadaily.com/news/ministry-says-it-is-making-efforts-to-stop-abuse-65563/
New plan for ‘state secrets’
The Ministry of Interior announced a decision to draft a law to protect state secrets after meeting with Vietnamese defence officials yesterday, The National Police has announced. According to a statement on The police website, Vietnam will support The training of government officials in encryption and ...
Vong Sokheng
http://www.phnompenhpost.com/national/new-plan-state-secrets
Labour law delayed after protests
The government has agreed to delay The passage of a controversial law governing The trade union sector, announcing it would set up a national workshop to work out The legislation’s thornier clauses on December 15. ...
Mom Kunthear
http://www.phnompenhpost.com/national/labour-law-delayed-after-protests
Clogged, creaking airports hamper SE Asia carriers
It’s a scene repeated endlessly at most of Southeast Asia’s main airports – planes forced to circle overhead or idle on the tarmac and travellers stuck in serpentine queues at immigration desks, security checkpoints and baggage carousels. And it’s likely to get worse in capitals like ...
http://www.reuters.com/article/2012/03/26/uk-airlines-southeastasia-idUSLNE82P00P20120326
Date set to announce new wage
The tripartite working group tasked with setting The minimum wage in Cambodia’s garment industry is slated to officially convene today, with The results of The negotiations to be announced on October 5 if all goes to plan. ...
Mom Kunthear
http://www.phnompenhpost.com/national/date-set-announce-new-wage
Telecoms ministry promises punishment for non-registration of phone users
The government has pledged to punish mobile telephone operators that do not register The identities of Their users—or fail to shut down anonymous numbers—by The middle of The month, threatening fines or suspensions for non-complying companies. ...
Khy Sovuthy and Aisha Down
https://www.cambodiadaily.com/business/telecoms-ministry-promises-punishment-non-registration-phone-users-120046/
CEOs: cut the business slack
Top executives from foreign firms have spoken out about the constraints of doing business in Cambodia, citing high electricity and infrastructure costs, unskilled local workers, limited transparency, a lack of local manufacturing suppliers and limited sources of raw materials as impediments to progress. ...
Sok Chan
http://www.khmertimeskh.com/news/32563/ceos--cut-the-business-slack/
Tax registration deadline pushed back
The tax department issued a notice yesterday extending The deadline for businesses to finish Their tax registration until May 31, The latest in a long string of delays that followed The introduction of strict new rules on tax registration in 2014. ...
Jonathan Cox
http://www.khmertimeskh.com/news/23887/tax-registration-deadline-pushed-back/
Nearly half of 2016 tax target already collected
In the first four months of the year, the government collected nearly half of its tax revenue target for all of 2016, local media reported yesterday, citing Kong Vibol, director of the General Department of Taxation (GDT). ...
Post Staff
http://www.phnompenhpost.com/business/nearly-half-2016-tax-target-already-collected
Business Registrations Up 10.8% in First 6 Months
The number of new businesses registered in Cambodia through The first six months of 2012 reached 1,694, an increase of 10.86 percent compared to The same period last year, according to figures released on Tuesday by The Ministry of Commerce. ...
Gasoline price remains stable at 4,600 riel per litre
The Ministry of Commerce on Sep 11, announced that The price of gasoline would remain The same for The next 10 days. The price of gasoline is 4,600 riel per litre, while The price of diesel is 4,750 riel per litre from September 11 to ...
Khmer Times Staff
https://www.khmertimeskh.com/501358408/gasoline-price-remains-stable-at-4600-riel-per-litre/
Political fraudster appeals sentence
The Court of Appeal yesterday heard The bail request of The former director of The small Khmer Economic Development Party, who had been handed a sentence of two years in prison for defrauding a land buyer out of $150,000 in 2008. ...
Kim Sarom
http://www.phnompenhpost.com/national/political-fraudster-appeals-sentence
Sonando sends latest TV license, radio request
Independent radio station owner Mam Sonando filed his latest request with the Information Ministry on Monday, requesting a TV license and a radio relay station to push his popular radio broadcasts farther into the provinces. Mr. Sonando, the owner of Beehive Radio and a longtime government ...
Kuch Naren
http://www.cambodiadaily.com/news/sonando-sends-latest-tv-license-radio-request-51880/
GDT eyes over $4 billion in tax revenue next year, says Vibol
The General Department of Taxation (GDT) is targeting $4.162 billion in 2024, which is a 20 percent increase from The target set for The current year, according to Kong Vibol, Minister Attached to The Prime Minister and Delegate of The Royal Government In-Charge as Director-General ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501407307/gdt-eyes-over-4-billion-in-tax-revenue-next-year-says-vibol/