43 awarded tax agent licenses
As part of ongoing government efforts to modernize and streamline the country’s tax system, 43 tax agent licenses were awarded yesterday. The 43 companies are now legally recognized as offering tax declaration services to the public and private sectors. Eighteen had previously been doing this work ...
Chea vannak
http://www.khmertimeskh.com/news/31518/43-awarded-tax-agent-licenses/
Report on Worldwide Land Grabbing Zeroes In on Cambodia
A new report on land grabbing around the world highlights Cambodia as a prime example of the ill effect of the growing global appetite for farmland by industrial scale operations. Released Wednesday in Stockholm by three Swedish NGOs, The Race for Land offers Cambodia as one ...
Land prices along major roads increase sharply
The price of land along four major boulevards in Phnom Penh climbed by 16 per cent in early 2013, according to real estate experts, compared to the same period in 2012. VMC Real Estate chairman Dith Channa said land prices increase because the quality of ...
Seun Son
http://www.phnompenhpost.com/real-estate/land-prices-along-major-roads-increase-sharply
United Kingdom's Prudential Company invests life insurance in Cambodia
Cambodia has offered the license for the United Kingdom’s Prudential Company to invest the life insurance in the kingdom. The announcement was made during the meeting between UK ambassador to Cambodia Mark Gooding and deputy prime minister and minister of economy and finance, his excellency Keat Chhon in Phnom Penh. “Ministry granted the approval for ...
ICT expo is planned for next month
An information and communications technology (ICT) event will be held from July 5-7 this year, offering sales and networking opportunities amid a surge in ICT growth in the Kingdom. Expected to draw about 100 companies, the Mobile Social Commerce International Conference and Expo at Phnom Penh’s ...
http://www.phnompenhpost.com/2013060766122/Business/ict-expo-is-planned-for-next-month.html
Garment workers to receive USD 100 per month from February
The Government already issued a Decision to require the employers to increase the minimum wage for the factory workers to USD 100 per month, starting from February 2014, said a government official. Vong Savann, a senior official of the Labor Ministry adDed that the Decision was ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=NmY5MTVmYTZhMzE
German Foundation to launch “The Development of Cambodian Administrative Law”
Konrad-Adenauer-Stiftung (KAS) in Cambodia will launch a book on “The development of Cambodian Administrative Law” on 07th of May 2014 at 05:30pm at Raffles Hotel Le Royal. In its press statement, KAS said that by offering readers an overview on the status and development of administrative ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=YmJmYzc2YjIwMWI
Cambodia ready for rice bid
Cambodia will join the bidding for the Philippine government’s latest rice import offer, a senior rice industry official says. The Philippine government’s National Food Authority (NFA) last week authorised the import of 500,000 tonnes of rice to the country. The bidding process, which is looking for the ...
Chan Muyhong
http://www.phnompenhpost.com/business/cambodia-ready-rice-bid
Strike ends as sacked workers take cash
Seven union leaders protesting against being sacked from the Vantage River Textile factory in Preah Sihanouk province each agreed yesterday to accept $300 compensation. Worker representative and sacked employee Keo Srey Pich, 22, said three hours of negotiations between the union, workers and the company, in ...
Pech Sotheary
http://www.phnompenhpost.com/national/strike-ends-sacked-workers-take-cash
Kuoy families in Preah Vihear worry over land issue
More than 250 indigenous Kuoy families in Preah Vihear province have refused to accept compensation from a gold mining company that has offered them just $500 per hectare of land. ...
Yin Soeum
https://www.khmertimeskh.com/50929763/kuoy-families-in-preah-vihear-worry-over-land-issue/
Real estate ‘still boasts potential’
Although economic risks from the Covid-19 crisis linger, Cambodian real estate still offers a wealth of potential, as well as reasonably low prices for investments, especially in a handful of key localities marked by burgeoning interest and a gradual pickup in investment activity, according to ...
Hin Pisei
https://www.phnompenhpost.com/post-property/real-estate-still-boasts-potential
More predictions for CSX start date
The Cambodia Securities Exchange may launch as soon as March or April, according to an official at the Korea Exchange, the Kingdom’s partner in launching its stock market. Final preparations for the CSX’s initial public offerings should be complete at that time, Pat Gil-soo, senior vice-president ...
Bank of Tokyo opens Phnom Penh office
Japan’s second-largest bank, Bank of Tokyo-Mitsubishi UFJ, officially opened a representative office in Phnom Penh on Friday. The office would serve as an information centre for potential investors and hoped to attract more Japanese companies, Masato Miyachi, general manager of the bank’s Asia and China division, ...
Chinese carrier launches direct flight to Sihanoukville
Lucky Air has launched direct flights from Kunming to Sihanoukville, becoming the first Chinese carrier to offer year-round regular scheduled service to the coastal Cambodian city, an airline executive said yesterday.Kunming-based Lucky Air, part of Hainan Airlines Group, has a fleet of 25 aircraft. It ...
Cam McGrath
http://www.phnompenhpost.com/business/chinese-carrier-launches-direct-flight-sihanoukville
Special Economic Zones ‘key to future’
Special Economic Zones (SEZs) have brought almost 70,000 new jobs to the country, according to an Asian Development Bank report released last week. With tax exemptions on production materials, lower profit tax, and renewable leases, the SEZs have drawn foreign-owned factories manufacturing everything from bicycles ...
Jonathan Cox
http://www.khmertimeskh.com/news/16920/special-economic-zones----key-to-future---/
Thousands of election body workers missing weeks of wages
Tens of thousands of workers contracted by the government to prepare Cambodia for the June 4 commune elections, many of whom are still waiting to be paid for work in February, will have to wait for their March and April salaries until after Khmer New ...
Phan Soumy
https://www.cambodiadaily.com/news/thousands-of-election-body-workers-missing-weeks-of-wages-127966/
Japan provides $439,261 for organic cashew farming
The Japanese government has today provided $439,261 to a Ja-based NGO to carry out a project offering support to small holders through contract farming of organic cashew nuts through Agriculture Cooperatives. ...
Taing Vida
https://www.khmertimeskh.com/50665758/japan-provides-439261-for-organic-cashew-farming/
Dell announces two new services for IT firm's enterprise clients
Dell Corporation (Thailand) has announced two new services to support enterprise customers and expects them to be key for potential business in the near future Dell services now come with global support and Deployment, providing onsite service, customisation and outsourcing. Its infrastructure and cloud unit offers ...
S'ville Port Likely to Miss Bourse Registration Date
An official at the Sihanoukville Autonomous Port yesterday said the state-owned firm would miss its target of registering with the Securities and Exchange Commission of Cambodia (SECC) next month, a key step before listing on the country’s nascent bourse. Ho Hongsik, director of SBI Royal ...
Largest MFI Prasac gets loan boost for coffers
Cambodia’s largest microfinance institution, (MFI) Prasac, has received a $60.5 million loan to strengthen its capacity in offering broader financial services in the country. On Friday, Prasac signed the agreement for the syndicate loan – provided by more than one lender – with the Netherlands development ...