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New business registrations in Cambodia rise 55 pct in 5 months

Cambodia’s Ministry of Commerce said Friday that it has granted operating licenses to 1,676 new firms in the first five months of 2014, up 55 percent as compared with the 1,084 companies for the same period last year. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-06/20/c_133424091.htm

Cambodian exports to US down

Cambodia’s total exports to the United States declined last year compared with 2015, due to uncertainties in the US presidential race and rising exports from Vietnam and new market player Myanmar. ...

May Kunmakara
http://www.khmertimeskh.com/news/35260/cambodian-exports-to-us-down/

Investment projects promise almost 80K new job opportunities

The Council for the Development of Cambodia (CDC) notices issued in the January-May period reveal that the government agency approved 61 new private investment projects – both inside and outside of special economic zones (SEZ) – totalling $516.64 million and set to deliver an estimated ...

Hin Pisei
https://www.phnompenhpost.com/business/investment-projects-promise-almost-80k-new-job-opportunities

Electric proposal Usage-based plan to lower power rates

Cambodia’s electricity regulator is set to roll out seven new plans designed to reduce electricity fees beginning in April and through 2020, with some fees dropping as low as 480 riel per kilowatt hour. ...

Yesenia Amaro and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/electric-proposal-usage-based-plan-lower-power-rates

Bayon says new flights due by the years end

Representatives from Cambodia Bayon Airlines (CBA), a newcomer to the domestic aviation market, yesterday promised domestic flights to be operational by the end of this year, pending approval from the country’s aviation authority. CBA’s vice president Taing Chun Leang yesterday told reporters that the firm is ...

Hor Kimsay
http://www.phnompenhpost.com/business/bayon-says-new-flights-due-years-end

City brushes off ice factory complaint

Phnom Penh municipal officials Nov. 8, 2012 dismissed the complaints of more than 60 families about a Russei Keo district ice factory’s levels of noise and bad fumes. Following their inspection of the Om Rith factory, a manufacturer of Super Ice, officials from Phnom Penh’s Department ...

http://www.phnompenhpost.com/index.php/2012110959656/National-news/city-brushes-off-ice-factory-complaint.html

Chronic illnesses targeted in new health campaign

The Ministry of Information and the World Health Organisation (WHO) are joining forces to raise awareness about non-communicable diseases (NCDs), with the aim of reducing the incidence of NCDs across the country. ...

Chea Sokny
https://www.phnompenhpost.com/national/chronic-illnesses-targeted-new-health-campaign

Chamber wants new tax laws

The private sector has called on the government to review Cambodia’s taxation law, a statute that business leaders say is outdated and needs to change if Cambodia wants to continue to attract foreign investment. Led by Cambodia Chamber of Commerce (CCC) president Kith Meng, a delegation ...

http://www.phnompenhpost.com/business/chamber-wants-new-tax-laws

Businessmen Charged Over Mining Deal Fraud

The Phnom Penh Municipal Court has charged the Cambodian chairman of a local conglomerate and a Chinese business associate with fraud and using forged public documents, officials said Wednesday. Al Romny, 41, and Chinese national Chin Mongxin, 45, were arrested Saturday after an un­known complainant said ...

Eang Mengleng and Simon Lewis
http://www.cambodiadaily.com/news/businessmen-charged-over-mining-deal-fraud-41261/

New Report Reveals Distrust Between NGOs and Government

More than two months of research into relations between NGOs and the government was officially presented in Phnom Penh on Thursday, with an overriding message of distrust, and concerns that the proposed NGO Law will be repressive. Following the release on Wednesday of a summary of ...

Lauren Crothers
http://www.cambodiadaily.com/news/new-report-reveals-distrust-between-ngos-and-government-48205/

ID cards in kandal thought to be fake

A commission of experts will check nearly 50 new Cambodian national ID cards today amid suspicions the card holders do not hold Cambodian nationality after irregularities were found during voter registration in Kandal province earlier this month. Provincial police chief Eav Chamroeun said yesterday afternoon that ...

May Titthara
http://www.khmertimeskh.com/news/29770/id-cards-in-kandal-thought-to-be-fake/

Ministry pledges to up female hiring numbers

New targets have been set to boost the number of women in positions of influence, according to an initiative launched yesterday by the Ministry of Women’s Affairs. ...

Sen David
http://www.phnompenhpost.com/national/ministry-pledges-female-hiring-numbers

Cambodia to free or reduce jail terms for some 625 prisoners

Some 625 prisoners could be released or see their jail terms reduced on the occasion of Khmer New Year, which falls on April 14-16, according to the Ministry of Justice. ...

Global Times News Staff
http://www.globaltimes.cn/content/850705.shtml#.UzJ5K_mSxqU

Former deputy prime minister calls for protests

Former Funcinpec Deputy Prime Minister Lu Lay Sreng could be facing a new court case after calling for peaceful protests against the government in a video posted to Facebook yesterday, issuing comments similar to ones that recently saw former opposition leader Sam Rainsy slapped with ...

Niem Chheng and Andrew Nachemson
http://www.phnompenhpost.com/national-politics/former-deputy-prime-minister-calls-protests

Education ministry wants bachelor’s degrees for all teachers

The Education Ministry will organize a training course and study programs that will give all of the country’s teachers access to bachelor’s degree programs by 2020, officials said yesterday. ...

Ven Rathavong
http://www.khmertimeskh.com/news/17961/education-ministry-wants-bachelor---s-degrees-for-all-teachers/

Cambodia may find new rice market in Manila

Low international rice prices have further stymied Cambodia’s milled-rice exports, millers reported yesterday, but large orders – reportedly the first ever – from the Philippines have encouraged at least one of the Kingdom’s biggest rice exporters. Mega Green Imex Cambodia this year to date has received ...

http://www.phnompenhpost.com/index.php/2012031655057/Business/kingdom-may-find-new-rice-market-in-manila.html

New commune chiefs sworn in, with CNRP unconcerned about CPP interference

The process of swearing in commune councillors across the country began yesterday, marking the start of their five-year terms in local administration, with opposition commune chiefs saying they were undeterred by Interior Minister Sar Kheng’s comments last week. ...

Touch Sokha and Ananth Baliga
http://www.phnompenhpost.com/national/new-commune-chiefs-sworn-cnrp-unconcerned-about-cpp-interference

NBC unveils online trading platform

In order to promote interbank transactions and lending, the National Bank of Cambodia (NBC) has officially launched a new online platform which allows financial operators to apply for and trade the central bank’s financial instruments like negotiable certificates of deposits (NCDs), liquidity-providing collateralised operations (LPCOs) ...

Hor Kimsay
http://www.phnompenhpost.com/business/nbc-unveils-online-trading-platform

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