Agriculture insurance a hard sell
About a year after offering the country’s sole agriculture policy, Forte Insurance is struggling to sell coverage. “We still need time to get farmers to understand the benefits of agricultural insurance,” said Youk Chamroenrith, director and general manager of Forte. “We have four clients signed up ...
Chan Muy Hong
http://www.phnompenhpost.com/business/agriculture-insurance-hard-sell
ANA eyes Cambodia services
All Nippon Airways is studying an option to serve Cambodia, according to an analysis released by the Centre for Asia Pacific Aviation. ANA CEO, Osamu Shinobe, told CAPA that Cambodia and Malaysia are under consideration in a bid to secure a market share of 14% on routes between ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/12/ana-eyes-cambodia-services/
Firms that list to see tax cut
New and existing companies listed on the Cambodia Securities Exchange (CSX) will have their taxes halved by the Cambodian government, a move that is being labelled as a generous attempt to boost activity on the bourse. The sub-decree, which was signed off by Prime Minister Hun ...
Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/firms-list-see-tax-cut
SEZs investment potential relies in infrastructure
In 2005, after special economic zones (SEZs) were formally introduced in Cambodia through a sub-decree, Svay Reing’s Manhattan SEZ became the first to began construction the same year. The Sihanoukville SEZ remains Cambodia’s largest with over 1,000 hectares in the area. The $320 million development is ...
James Whitehead
http://www.phnompenhpost.com/real-estate/sezs-investment-potential-relies-infrastructure
ACU takes aim at bribes
The Anti-Corruption Unit has set its sights on illegal fees paid at the commune level and intends to stamp out a decades-old culture of bribery within the next four months, ACU officials announced yesterday. At a press conference, acting ACU president Chhay Savuth said that 22 ...
http://www.phnompenhpost.com/index.php/2012050956060/National-news/acu-takes-aim-at-bribes.html
Follow-up IPOs still on track
Sihanoukville Autonomous Port, one of two state-owned companies slated to list on the Cambodia Securities Exchange this year, yesterday called the price decline in the country’s first publicly traded company worrisome. The eight-day slide in price that neared Phnom Penh Water Supply Authority’s initial public offering ...
http://www.phnompenhpost.com/index.php/2012050956046/Business/follow-up-ipos-still-on-track.html
PM pushes voter registration amid claims of inaction
The National Election Committee (NEC) and all political parties should urge citizens – including those overseas – to register to vote, Prime Minister Hun Sen said yesterday, even as a prominent opposition lawmaker accused the government of offering “nothing” to enfranchise Cambodia’s thousands of migrant workers. ...
Mech Dara, Bun Sengkong and Cristina Maza
http://www.phnompenhpost.com/national/pm-pushes-voter-registration-amid-claims-inaction
SECC prepared to list shares of holding firms
The Securities and Exchange Commission of Cambodia (SECC) is drafting a prakas on public offerings of equity securities for holding companies to allow them to issue shares on the Cambodia Securities Exchange (CSX) in a move towards diversification and development of the nation’s capital markets. ...
May Kunmakara
https://www.phnompenhpost.com/business/secc-prepared-list-shares-holding-firms
BRI projects not to lead Cambodia into debt trap
The Belt and Road Initiative (BRI) pioneered by China will not lead the country into a debt trap, Sun Chanthol, deputy Prime Minister and First Vice President of the Council for the development of Cambodia, said, dismissing the narrative about the adverse effects the BRI ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501399348/bri-projects-not-to-lead-cambodia-into-debt-trap/
Agriculture players can tap into new loan system
The Ministry of Agriculture, Forestry and Fisheries (MAFF) and Wing Bank (Cambodia) Plc have inked a deal that will offer accessible, low interest rate loans to support the government’s Agriculture Priority policies through the innovative Wingagri supply chain platform built specifically to support the sector. ...
Yatt Malai
https://kiripost.com/stories/agriculture-players-can-tap-into-new-loan-system
Businesses urged to prioritise riel for salary payments
The Governor of the National Bank of Cambodia (NBC), Chea Serey, is encouraging companies and enterprise owners to offer salaries in riel, as the majority of Cambodian workers are paid in dollars. ...
Mao Sreypich
https://kiripost.com/stories/businesses-urged-to-prioritise-riel-for-salary-payments
Announcement on incentive mechanisms for voluntary business registration in the information and broadcasting sector
On 3 May 2024, Ministry of Commerce has decided to offer incentives for businesses registering voluntarily in the information and broadcasting sector. These incentives include a three-year exemption from public service duties for registered businesses and fine exemptions for businesses that have been operated but ...
Ministry of Commerce
Rector says student was warned against activism
After a Khemerak University student was jailed in Phnom Penh on Saturday over a social media post calling for a “color revolution” in Cambodia, the school’s director Monday claimed that politics had “poisoned” students at his institution. ...
Aun Pheap and Anthony Jensen
https://www.cambodiadaily.com/news/rector-says-student-was-warned-against-activism-92373/
Sanctuary chief accused of ‘collusion’
The Koh Kong provincial joint committee will continue its probe into the Dang Paeng Multipurpose Protected Sanctuary after social media posts alleged that mangrove forestland had been cleared in the area with the collusion of sanctuary officials. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/sanctuary-chief-accused-collusion
New joint committee to tackle child abuse
Ministries and child protection NGOs have jointly established a committee on the Implementation of an Action Plan to Prevent and Respond to Violence Against Children, Ministry of Social Affairs, Veterans and Youth Rehabilitation spokesman Touch Channy said. ...
Voun Dara
https://www.phnompenhpost.com/national/new-joint-committee-tackle-child-abuse
City hall pulls plug on market fee collector
Phnom Penh City Hall plans to replace the controversial contractor in charge of collecting parking and stall fees from markets around the city, according to a letter from the Council of Ministers posted on social media yesterday. ...
Mech Dara
http://www.phnompenhpost.com/national/city-hall-pulls-plug-market-fee-collector
PM signs health decree
As part of a long-planned project to overhaul the country’s social security system, Prime Minister Hun Sen signed into law yesterday a sub-decree effectively granting health insurance to hundreds of thousands of Cambodian workers. ...
Sen David and Charles Rollet
http://www.phnompenhpost.com/national/pm-signs-health-decree
UN wants independent Ley investigation
A group of United Nations human rights experts have condemned the murder of Cambodian political analyst and social activist Kem Ley and calLed for an impartial investigation by an independent body with no ties to the government. ...
Taing Vida
http://www.khmertimeskh.com/news/27281/un-wants-independent-ley-investigation/
Prison denies radio access to inmates
Inmates at Prey Sar prison in Phnom Penh will no longer be able to listen to the radio, according to a social media post by a jailed opposition member, which is an apparent violation of the law. ...
May Titthara
http://www.khmertimeskh.com/news/35818/prison-denies-radio-access-to-inmates/
Commerce Minister calls for self-reliance
As Cambodia continues its impressive economic development and reaches higher stages of industrialisation and social well-being, there is an urgent need to prepare for future cutbacks in international development assistance, the Commerce Minister said on Friday. ...
Sum Manet
http://www.khmertimeskh.com/5096663/commerce-minister-calls-self-reliance/