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Police raid store, seize fake beauty products

Police raided a discount store in Phnom Penh and seized more than 1,000 bottles of beauty products on Monday after receiving a tip that the shop was selling counterfeit goods, an official said. Police confiscated 872 bottles of shower gel and 280 bottles of whitening cream ...

Hay Pisey
http://www.cambodiadaily.com/news/police-raid-store-seize-fake-beauty-products-59803/

Ministry warns media over fake product ads

Media outlets should review the health and agriculture products they advertise, as exposure to unlicensed medicine and insecticides can be fatal, the Ministry of Information has warned. ...

Pav Suy
http://www.khmertimeskh.com/5079494/ministry-warns-media-fake-product-ads/

Culture of dialogue: down, but not out

As long as Prime Minister Hun Sen and Sam Rainsy control their political parties, the culture of dialogue adopted by them in April will endure, analysts predict. ...

T. Mohan and Ros Chanveasna
http://www.khmertimeskh.com/news/14141/culture-of-dialogue--down--but-not-out/

Unofficial lenders flock to the NBC seeking to be registered

More than 100 unofficial lenders have flooded into the National Bank of Cambodia seeking formal registration after the authorities announced a crackdown earlier this month on unrecognised operators. In a joint declaration from the Ministry of Economy and Finance and the NBC on February 2, officials ...

Chan Muyhong
http://www.phnompenhpost.com/unofficial-lenders-flock-nbc-seeking-be-registered

Chair of ASEAN audit board goes to Kingdom

Som Kimsour, the chairwoman of Cambodia’s National Audit Authority, was appointed to chair the ASEAN Supreme Audit Institutions (ASEANSAI), a collaborative body of public sector auditors, during a summit on Thursday in Phnom Penh, according to state media outlet AKP. ...

Igor Kossov
http://www.phnompenhpost.com/national/chair-asean-audit-board-goes-kingdom

Future of E-Business linked to skills

The future of e-business in Cambodia depends on gaining better skills, a group of students heard yesterday at the University of Puthisastra. In a panel discussion on the future of e-business as part of BarCamp Phnom Penh, T.O. Software president Heng Chamroeun offered advice to the ...

http://www.phnompenhpost.com/index.php/2012092458855/Business/it-knowledge-a-recipe-for-web-success.html

Science and technology

Students gathering around 3D printed models at a construction expo in Phnom Penh. Photo by ARC Hub PNH, taken in December 2014. Used with permission from ARC Hub PNH.Cambodia has achieved considerable economic and social progress in the last few decades, but the country does ...

Medical bills lead many into debt, survey reveals

Small-scale health insurance policies can be an effective way to avoid drowning in debt, according to a survey released yesterday. Fifty-eight percent of 5,275 households surveyed in Kandal, Takeo and Kampot provinces had taken out loans, with health care and medical costs being the chief reason, ...

Consumer price index climbs on food and fuel

Cambodia’s consumer price index (CPI) increased slightly year-on-year in July by 1.3 per cent, which was driven by increased food and fuel prices, according official data from the National Institute of Statistics (NIS). “The increase for all index groups was 1.3 per cent of inflation in July 2012 ...

http://www.phnompenhpost.com/index.php/2012091058593/Business/consumer-price-index-climbs-on-food-and-fuel.html

UAE- Lubna Al Qasimi heads Trade delegation to Cambodia and Thailand

Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade will lead a delegation on Monday to Cambodia and Thailand to discuss strengthening trade and investment ties with these countries. The delegation also included officials and representatives from national institutions and companies. ...

http://www.menafn.com/menafn/1093564536/UAE-Lubna-Al-Qasimi-heads-Trade-delegation-to-Cambodia-and-Thailand

Cambodia continues to see slow price increase

Food prices drove moderate inflation in June, with experts calling the 1.8 per cent year-on-year increase acceptable. Month on month, inflation rose at about 0.1 per cent, data from the National Institute of Statistics showed. Khin Song, deputy director general at NIS, said the slow rise in ...

http://www.phnompenhpost.com/index.php/2012072657634/Business/cambodia-continues-to-see-slow-price-increase.html

Hun Sen tells King Buddhist Institute’s land not for sale

Government denials over the rumored development of the Buddhist Institute have reached the highest levels, with the prime minister penning a letter to the king to assure him the land is not for sale. In a letter addressed to King Norodom Sihamoni dated October 6 and ...

Khuon Narim
http://www.cambodiadaily.com/news/hun-sen-tells-king-buddhist-institutes-land-not-for-sale-69609/

Coca-cola guides ‘rebranding’ cambodia event

Commerce Minister Sun Chan­thol evoked the late U.S. President John Kennedy on Friday at a seminar about “rebranding” Cambodia that quickly turned into a promotional event for Coca-Cola. ...

Matt Blomberg and Kang Sothear
https://www.cambodiadaily.com/news/coca-cola-guides-rebranding-cambodia-event-80912/

Border Management Technology Advances in Cambodia and Vietnam

Using techincal solutions developed by INTERPOL, Cambodia and Vietnam can now instantly conduct real time searches of INTERPOL’s global databases. The joint European Union (EU) and the Association of Southeast Asian nations (ASEAN) “Enhanced exchange of information between INTERPOL National Central Bureaus (NCBs) in the ...

SEA leaders create development strategy

Twenty – eight leaders from various business sectors in Southeast Asia came together last month to create a strategy to propel the Kingdom’s sustainable development with actionable and measurable targets.​ ...

Poovenraj Kanagaraj
https://www.khmertimeskh.com/50661055/sea-leaders-create-development-strategy/

Cambodian researchers to launch new rice variety shortly

Cambodian rice researchers will soon release a new rice variety more resilient to climate change that produces significantly better yields than conventional rice types. ...

Sar Socheat
https://www.khmertimeskh.com/50920852/cambodian-researchers-to-launch-new-rice-variety-shortly/

Cops crack down on faux shampoo

Seven sellers of fake shampoo have been detained for questioning at the Kampong Speu provincial police station after being arrested this week while plying their sub-par wares at the Chbar Mon town market. Seoung Savuth, deputy police chief of anti-economic crime in the province, said police ...

http://www.phnompenhpost.com/index.php/2012111659764/National-news/cops-crack-down-on-faux-shampoo.html

Cambodia, China strengthen ties on STI initiatives

The Ministry of Industry, Science, Technology & Innovation (MISTI) says it stands ready to deepen cooperation with China, ASEAN and relevant dialogue partners on Science, Technology, and Innovation Initiatives. ...

Ben Sokhean
https://www.khmertimeskh.com/501386396/cambodia-china-strengthen-ties-on-sti-initiatives/

Software for cleaner money

Tess International, a Malaysia-based provider of software solutions for the financial sector, signed a distributor agreement yesterday with Cambodian management consulting and business technology firm IdeaLink Consulting to provide software to Cambodian banks and microfinance institutions that helps them combat financial crimes. ...

Hor Kimsay
http://www.phnompenhpost.com/business/software-cleaner-money

Business credit guarantee plan remains in place

The finance ministry has authorised the extension of the Credit Guarantee Corporation of Cambodia Plc’s (CGCC) $200 million Business Recovery Guarantee Scheme (BRGS) beyond December 31, 2022, until all funds have been utilised, according to the CGCC. ...

May Kunmakara
https://www.phnompenhpost.com/business/business-credit-guarantee-plan-remains-place

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