Exchange to add three more firms, open board for SMEs
The Securities and Exchange Commission of Cambodia (SECC) confirmed Friday that three more companies will list on the securities market by the end of this year. They are: Phnom Penh Special Economic Zone, Phnom Penh Autonomous Port and Taiwanese-owned TY Fashion(Cambodia) Ltd. ...
Pav Suy
http://www.khmertimeskh.com/news/15672/exchange-to-add-three-more-firms--open-board-for-smes/
Top students get training nod
Top-scoring candidates from this year’s grade 12 national exam will be given free passes to train as pre-school and primary teachers in an effort to improve the quality of the education system.Prime Minister Hun Sen approved a request from Education Minister Hang Chuon Naron to ...
Pech Sotheary
http://www.phnompenhpost.com/national/top-students-get-training-nod
Rights report decries sugar firm’s tactics
Asia’s largest sugar producer, Mitr Phol, is responsible for violating the rights of hundreds of villagers in Oddar Meanchey who saw their land grabbed, homes destroyed and livestock killed to make way for plantations, according to the National Human Rights Commission of Thailand (NHRCT). ...
Phak Seangly and Shaun Turton
http://www.phnompenhpost.com/national/rights-report-decries-sugar-firms-tactics
Mills busy as new rice crop rolls in
Cambodia rice exports saw a small rebound in October, notching up 12 per cent as compared to a year earlier, as harvests from the delayed rainy-season planting began to reach the nation’s rice mills. ...
Ananth Baliga
http://www.phnompenhpost.com/business/mills-busy-new-rice-crop-rolls
Nearly 170 Chinese ‘scammers’ deported
Early yesterday morning, 168 Chinese nationals were deported from Cambodia, following their arrest last month for allegedly using the Kingdom as a base from which to extort money from victims in China, police said. ...
Mom Kunthear
http://www.phnompenhpost.com/national/nearly-170-chinese-scammers-deported
Telecom law opens door for investment: official
The new Telecom Law recently approved by the Senate will open the sector for more investment as the government moves to ensure infrastructure for telecom services is provided nationwide by 2020, a senior official told a regional telecom forum yesterday. ...
Chea Vannak
http://www.khmertimeskh.com/news/18475/telecom-law-opens-door-for-investment--official/
Palm oil yields up as crop matures
Export of crude palm oil from Mong Reththy Group, the Kingdom’s only active producer, doubled during the first half of the year despite prices showing no indication of improving, a company executive said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/palm-oil-yields-crop-matures
Tax revenue rises 20%
Tax revenue in the first seven months of the year was $955 million, an increase of 18.91 percent over the same period last year, according to a report from the General Department of Taxation (GDT). ...
Sum Manet
http://www.khmertimeskh.com/news/28505/tax-revenue-rises-20-/
Approved foreign investment drops 43%
The value of foreign investments approved by the government in the first half of this year has dropped more than 43 percent, according to the Council for the Development of Cambodia (CDC), with experts laying the blame on global and regional economic slowdowns. ...
May Kunmakara
http://www.khmertimeskh.com/news/30443/approved-foreign-investment-drops-43-/
Gov’t tackles Social Media
Social networks are a double-edged sword when it comes to the dissemination of news and information according to experts at a social network ethics and morality workshop yesterday. ...
Chea Vannak
http://www.khmertimeskh.com/news/15954/gov---t-tackles-social-media/
Credit growth poses economic risk, IMF warns
Rapid credit growth – increasingly financed by bank flows from abroad – poses significant risk to Cambodia’s economy and requires prudential policies to cool lending and reduce exposure, the International Monetary Fund (IMF) warned in a report released yesterday. It said while Cambodia’s short-term economic ...
Cam McGrath
http://www.phnompenhpost.com/business/credit-growth-poses-economic-risk-imf-warns
Villagers in land dispute say IDs were denied
More than 100 family representatives yesterday filed complaints at Ratanakkiri Provincial Hall and the Interior Ministry, claiming that requests to be issued with identity cards so they could vote in upcoming elections were denied by local police officials. ...
Phak Seangly
http://www.phnompenhpost.com/national/villagers-land-dispute-say-ids-were-denied
All Nippon Airways mulls direct flight to Kingdom
Cambodian officials and Japanese airline All Nippon Airways discussed on Friday the possibility of starting a direct flight between the Kingdom and Japan next year, in a bid to facilitate the increase in bilateral business and investment transactions, according to a State Secretariat of Civil ...
Ananth Baliga
http://www.phnompenhpost.com/business/all-nippon-airways-mulls-direct-flight-kingdom
Dearth of job security for young workers: org
Employers in the Kingdom need to draw up more contracts with their young workers to keep them from being exploited and left in the dark in case of a dispute, a youth NGO urged yesterday. ...
Lay Samean
http://www.phnompenhpost.com/national/dearth-job-security-young-workers-org
Malaysian firm wagers on Sihanoukville's potential
An obscure Malaysian company has obtained approval from Cambodia’s Council of Ministers to develop hotels and casinos in Sihanoukville, with an online promotional video claiming the firm will transform the coastal city into the “Macau of Southeast Asia.” ...
Sor Chandara
http://www.phnompenhpost.com/business/malaysian-firm-wagers-sihanoukvilles-potential
Cambodia’s insurance premium up 38 pct in Q1
The insurance industry in Cambodia reported a 38-percent increase in gross premium in the first quarter of 2016 over the same period last year, the Insurance Association of Cambodia (IAC) said on Sunday. ...
Khmer Times Team
http://www.khmertimeskh.com/news/24711/cambodia---s-insurance-premium-up-38-pct-in-q1/
Fuel prices steadily increase
Nearly four months after the Ministry of Commerce implemented a fuel-pricing mechanism that lowered prices at the pump to reflect the fall in the global commodity last March, petrol prices have inched back up to pre-intervention levels. ...
Hor Kimsay
http://www.phnompenhpost.com/business/fuel-prices-steadily-increase
Malaysian businessmen urged to invest in Cambodia
The President of the Cambodia Chamber of Commerce (CCC), a leading organization representing the private sector in the Kingdom, has urged Malaysian investors and businessmen to invest in and do business with Cambodia to forge a stronger relationship between the two Asean states. ...
May Kunmakara
http://www.khmertimeskh.com/news/25770/malaysian-businessmen-urged-to-invest-in-cambodia/
Illegal migrants to be deported
Sixty illegal Vietnamese and Chinese laborers were arrested in Kampot province yesterday. ...
Cheang Sokha
http://www.khmertimeskh.com/news/25867/illegal-migrants-to-be-deported/
Fee proposed on plastic bags
The government has proposed slugging shoppers 500 riel for plastic bags in a bid to reduce environmental pollution. A draft prakas on plastic bags that would include the fee was reviewed yesterday in a Department of Environment workshop attended by government representatives along with mall and ...
Kong Meta
http://www.phnompenhpost.com/national/fee-proposed-plastic-bags