Follow NBC official exchange rate, taxpayers told
The General Department of Tax (GDT) of the Ministry of Economy and Finance has asked tax payers to follow the official exchange rate issued by National Bank of Cambodia (NBC), in a move to strengthen tax collection efficiency. ...
Khmer Times Staff
https://www.khmertimeskh.com/501177006/follow-nbc-official-exchange-rate-taxpayers-told/
MoU signed for India-Cambodia cross-border payments
The National Bank of Cambodia (NBC) and NPCI International Payments Limited (NIPL) have signed a Memorandum of Understanding (MOU) to promote cross-border payments and remittances between Cambodia and India. ...
Meas Molika
https://kiripost.com/stories/mou-signed-for-india-cambodia-cross-border-payments
Cambodia’s rubber exports earn more than $200 million, up nearly 40%
Cambodia earned more than $200 million from the export of rubber and rubber products, an increase of more than 38 percent compared to the same period in 2022, reaching just over $149 million. This is according to the four-months report of 2023 of the General ...
Khmer Times Staff
https://www.khmertimeskh.com/501293951/cambodias-rubber-exports-earn-more-than-200-million-up-nearly-40/
BFIs code of conduct fully implemented
After its rollout about a year ago, Cambodian banks and financial institutionals (BFIs) and members of the Cambodian Association of Finance and Technology (CAFT) have finally fully implemented the code of conduct and lending guidelines. ...
Kiripost staff writers
https://kiripost.com/stories/cambodia-bfis-code-of-conduct-fully-implemented
Philippines to boost labour, social security co-op
Cambodia and the Philippines have expressed their commitment to further strengthening cooperation to enhance labour rights and social security for the benefit of the people of both nations, as part of their partnership as ASEAN member states. ...
Post Staff
https://www.phnompenhpost.com/national/philippines-boost-labour-social-security-co-op
BAKC launches nationwide legal training for local authorities
Local authorities from the district to village levels throughout the country will receive training from the Bar Association of the Kingdom of Cambodia (BAKC) to increase legal awareness on topics ranging from birth, marriage and death certificates to criminal and civil procedures. ...
Niem Chheng
https://www.phnompenhpost.com/national/bakc-launches-nationwide-legal-training-for-local-authorities
Evictees to reject offer
Twenty-one families whose houses were demolished during an eviction on Tuesday said yesterday that they planned to refuse an offer of houses, land and cash from the tycoon who now possesses their land. Villagers, however, will continue to discuss the offer in another meeting scheduled ...
http://www.phnompenhpost.com/2013030861830/National/evictees-to-reject-offer.html
Consumer protection draft law almost ready
Officials at the Ministry Of Commerce and Council Of Ministers announced yesterday that a draft consumer protection law, which is intended to ensure that food and consumer products made domestically or imported into Cambodia are safe, was almost complete. A quarter Of the almost 60 ...
Chea Vannak
http://www.khmertimeskh.com/news/28562/consumer-protection-draft-law-almost-ready/
Spending on Defense and Security up 17% in 2014
The country’s draft $3.4 billion national budget for 2014 proposes yet another $920 million in new debt to make ends meet, the same amount taken on this year, according to a copy of the spending bill obtained Thursday. The draft budget calls for nearly $400 million—or ...
Kuch Naren and Zsombor Peter
http://www.cambodiadaily.com/news/spending-on-defense-and-security-up-17-in-2014-46747/
Standard forms aim for public bid transparency
The Ministry of Economy and Finance on Monday announced the release of standardised bidding forms for public contracts, a measure it said would increase transparency and accountability, though the opposition and Transparency International Cambodia offered more cautious assessments yesterday. According to a state media announcement, the ...
Stuart White
http://www.phnompenhpost.com/national/standard-forms-aim-public-bid-transparency
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
Workers to file stories from the factory floor
The Cambodian Center for Independent Media (CCIM) is hoping to turn a select group of garment workers into muckrakers by offering a journalism program through the Voice of Democracy news outlet. Free of charge, the course will last until October and have a firm focus on ...
Mom Kunthear
http://www.phnompenhpost.com/national/workers-file-stories-factory-floor
Unions say gov’t blocking branch registrations
In March, the Ministry of Labor for the first time began requiring union leaders to submit proof they had no previous criminal convictions before they would be allowed to register a new union or local branch. Now, the country’s leading unions say worker representatives are struggling ...
Mech Dara
http://www.cambodiadaily.com/news/unions-say-govt-blocking-branch-registrations-66958/
Legal policy on marginalised groups finished by gov’t, EU
Ministry of Justice and the European Union (EU) experts have finalised the draft policy to provide legal aid to marginalised groups in rural areas in the Kingdom. The ministry and the EU completed the draft during their Technical Support for Legal Aid Policy Development workshop ...
Voun Dara
https://www.phnompenhpost.com/national/legal-policy-marginalised-groups-finished-govt-eu
Cambodia to set 2014 wage for garment workers next month
The Ministry of Labour, Government of Cambodia, would set the 2014 minimum wage for garment workers next month, reports The Phnom Penh Post. A working group consisting of representatives of the Garment Manufacturers’ Association in Cambodia (GMAC), workers’ representatives and factory managers met officials at ...
Fibers2fashion News Staff
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=156451
Three key Ministers take actions to protect the State’s land
Three Ministers from the Ministry of Urbanization and Construction, Ministry of Agriculture and Fisheries and the Ministry of Environment have met to jointly set out work-plan to manage state’s land and natural resources. The work-plan will be undertaken in line with the Government’s land policy introduced ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=OWQyMWQyZTk1ZWM
Judicial reform drafts to move forward in March
Three judicial reform draft laws will be submitted to the Council of Ministers last this month, justice officials said Wednesday. The draft laws deal with the functions of the courts and the conduct of judges and prosecutors, as well as an oversight body called the Supreme ...
Kong Sothanarith
http://www.voacambodia.com/content/judicial-reform-drafts-to-move-forward-in-march/1864692.html
Protest blocked: Workers at factory seek full salaries
Police yesterday morning blocked more than 1,000 garment workers as they tried to march from their Por Sen Chey district factory to the Ministry of Labour to plead for intervention. ...
Mom Kunthear
http://www.phnompenhpost.com/national/protest-blocked-workers-factory-seek-full-salaries
Domestic production strengthens as F&B imports fall
Food and beverage imports to Cambodia have fallen over the past 12 months, marking a notable shift in domestic production and the public’s recognition of the “Made in Cambodia” brand, officials say. Cambodia spent around $223 million on food and beverage imports to supply the domestic ...
Chan Muyhong
http://www.phnompenhpost.com/domestic-production-strengthens-fb-imports-fall
Garment union will not protest wage
One of Cambodia’s most prominent garment worker unions, which had battled for a $140 minimum monthly wage in the sector, has decided not to hold street protests against the $128 figure decided by the government on Wednesday. ...
Chhay Channyda
http://phnompenhpost.com/post-weekend/garment-union-will-not-protest-wage