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Gov’t to exempt patent tax for online press

The Royal Government of Cambodia (RGC) has agreed to exempt patent tax for small online press institutions as well as reduce 50 percent of the registration fee to the new press united in the Ministry of Information (MoI) for the next five years, said a ...

Nhean Chamrong
https://www.khmertimeskh.com/501398047/govt-to-exempt-patent-tax-for-online-press/

NBC policies in line with Pentagonal Strategy

The first plenary session of the new Council of Ministers under the leadership of Prime Minister Hun Manet has approved the Pentagonal Strategy-Phase 1 on August 24, 2023, to unleash a host of economic activities to be implemented to transform Cambodia into a high-income economy ...

Khmer Times Staff
https://www.khmertimeskh.com/501377575/nbc-policies-in-line-with-pentagonal-strategy/

Chinese firms show feasibility of Light Railway connecting airport, metro in Phnom Penh

The feasibility of a Light Railway line connecting Phnom Penh to the new airport and planned city metro (subway) was presented by the China Metro Group and Guangzhou Metro Group to the Inter-Ministry Committee of Cambodia on Saturday, said the Council for the Development of ...

Rachel David
https://www.khmertimeskh.com/501457950/chinese-firms-show-feasibility-of-light-railway-connecting-airport-metro-in-phnom-penh/

U.S. reprimands Cambodia’s trafficking, online scam response: report

Cambodia was ranked lowest for its response to human trafficking by the U.S. for the third year in a row, with a new report saying that Cambodian officials have not done enough – and in some unnamed cases, have been complicit – in human trafficking ...

Mech Dara and Danielle Keeton-Olsen
https://cambojanews.com/u-s-reprimands-cambodias-trafficking-online-scam-response-report/

Worker wage hike negotiations begin today

A meeting to negotiate the new minimum wage for next year for the garment, travel goods and bag industries will start today with 51 representatives of the National Council on Minimum Wage (NCMW) from the government, along with workers and employers representatives, according to a ...

Sen David
https://www.khmertimeskh.com/501540952/worker-wage-hike-negotiations-begin-today/

Prayuters Library opening in Preah Vihear

On Saturday, September 16th, 2023, Open Development Cambodia Organization’s Open Development Library Initiative formally launched Prayuters Library in Preah Vihear province. Located in Hmor Seth Village, the Library is the culmination of five years of fundraising and planning and aims to promote reading, digital connectivity, ...

Higher education

Higher education, in general, refers to education beyond the secondary level. Higher education institutions (HEIs) in Cambodia can be classified into three categories: The Royal Academy, university, and college. Cambodia’s higher education consists of an associate degree, four years of undergraduate education, two years of ...

Flooding damage to eclipse Typhoon Ketsana

As severe flooding continues to plague provinces along the Mekong River and around the Tonle Sap lake, new figures released by aid groups and officials yesterday showed that the scale of the disaster is far bigger than initially expected and could be worse than Typhoon ...

Dredging ends, effects linger

Ruling party Senator Ly Yong Phat has kept a promise to stop his company’s dredging operations on Koh Kong province’s Tatai river, relieved business owners and residents living along the waterway said yesterday. But provincial officials confirmed that as the senator’s dredging boats moved on to ...

http://www.phnompenhpost.com/index.php/2011102052249/National-news/dredging-ends-effects-linger.html

Two maids allegedly suffered abuse in Malaysia

Two new claims of abuse of Cambodian maids employed in Malaysia have emerged since Friday, including one case of a woman who returned home with severe mental trauma following alleged mistreatment by her Malaysian employer, the victims’ families said. Iy Thar, a villager from Kompong Thom ...

Prasac seeks commercial bank status

PRASAC, Cambodia’s largest microfinance institution by outstanding loans, planned to become a licensed commercial bank in the Kingdom, company officials said yesterday. The news comes despite calls from insiders and experts – most recently the International Monetary Fund and World Bank – for the National ...

http://www.phnompenhpost.com/index.php/2012030254816/Business/prasac-seeks-commercial-bank-status.html

Footage shows chaos, panic during shooting

Dramatic new video footage of the January 18 Kratie province land dispute shooting has been released on the internet, depicting TTY rubber company security guards opening fire on a crowd of unarmed villagers. The 48-second video, recorded by a villager on a mobile phone and uploaded ...

Asian Development Bank Takes Over Lead Foreign Donor Role

The Asian Development Bank (ADB) is taking over from the World Bank as lead foreign donor in Cambodia following the departure of the World Bank’s country manager, the ADB said yesterday. The switch followed a year in which the World Bank imposed a funding freeze ...

Ride-hailing firm eyes Cambodia

Aiming to disrupt the thriving local ride-hailing market with a new business model, Belarus-based Onde recently announced its intention to enter Cambodia.​ In an interview with Khmer Times, a representative of the startup said they provide the software entrepreneurs need to run their own taxi ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50658936/ride-hailing-firm-eyes-cambodia/

Sihanoukville gets a wake up call

Sihanoukville has long been a part of the government’s plan to develop the Southern coast as Cambodia’s next tourism hotspot after Siem Reap, and if recent arrival numbers are anything to go by it seems to be growing in appeal. However, as new property developers ...

George Styllis
http://www.phnompenhpost.com/real-estate/sihanoukville-gets-wake-call

Garment Workers Continue Tax Deductions Protest

About 600 garment workers of the Top Form factory in Phnom Penh’s Russei Keo district continued protesting yesterday against new income tax deductions from their pay outside the factory after police blocked them from marching on National Road 5. Workers have been protesting since Friday against ...

Construction Projects Surge This Year

Total investment in new construction projects reached $1.53 billion through the first  eight months of the year, a 73.96 percent improvement compared to the same period last year, according to data released yesterday by the Ministry of Land Management, Urban Planning and Construction. Though the number of permits ...

China ASEN Expo starts on Friday

Minister of Commerce Cham Prasidh and 100 Cambodian companies are set to represent the Kingdom at the 9th China-ASEAN Expo in Nanning, China, which starts tomorrow, according to officials. The expo will include representatives from all 10 ASEAN countries and China itself. Cambodian officials will seek ...

http://www.phnompenhpost.com/index.php/2012092058821/Business/cambodian-companies-set-to-attend-china-asean-expo.html

Tuol Kork on the rise

Tuol Kork district has been showing its potential through infrastructure development, and is changing from a residential into a commercial area, according to property experts. Moreover, Tuol Kork will become a more central area because it is located in the middle of the old Phnom ...

http://www.phnompenhpost.com/index.php/Real-Estate/tuol-kork-on-the-rise.html

Porsche Joins Cambodia's Luxury Car Race

Though still one of the poorest countries in the region, Cambodia’s recent economic growth has birthed a new class of consumer. And waiting in the wings is German automaker Porsche, which intends to sell its distinctive sports cars directly to Phnom Penh’s wealthy within a ...

http://www.cambodiadaily.com/business/porsche-joins-cambodias-luxury-car-race-10927/

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