Cambodia’s rubber exports show 23% increase, but prices decline
Cambodia’s rubber exports increased 23 per cent in the first quarter of this year on the same period last year, while rubber prices continue to decrease, according to figures from the General Directorate of Rubber under the Ministry of Agriculture, Forestry and Fisheries. The data ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/cambodias-rubber-exports-show-23-increase-prices-decline
SMEs set to boost the Kingdom’s economy
More than 100 local small and medium enterprises (SMEs) were registered during the first three quarters of this year, and officials expect the government’s tax incentive policy for SMEs to boost growth, said a Ministry of Industry and Handicraft report. The SMEs – 105 of ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/smes-set-boost-kingdoms-economy
CDC okays two S’ville hotels
The Council for the Development of Cambodia (CDC) last week approved two Chinese-invested hotel projects in Sihanoukville worth $379 million, it said in a Facebook post. The two five-star hotels by Xigang V-Continent International Investment Co Ltd and Hai Gang Grand Hotel Co Ltd have ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-two-sville-hotels
Power trade talks with Thailand are planned
Cambodia is planning talks with the Electricity Generating Authority of Thailand (Egat) to purchase 300MW of power, Ministry of Mines and Energy official Victor Jona said on Tuesday. Jona, the director-general of the ministry’s General Department of Energy, told The Post that the talks could ...
Thou Vireak
https://www.phnompenhpost.com/business/power-trade-talks-thailand-are-planned
Banks to expand amid sound macroeconomy
Some of Cambodia’s largest banks and financial institutions have announced plans to expand their businesses following solid macroeconomic performance so far this year. The National Bank of Cambodia (NBC) in July projected that the Kingdom’s economy is poised to have grown 7.1 per cent this year. ...
May Kunmakara
https://www.phnompenhpost.com/business/banks-expand-amid-sound-macroeconomy
Takeo factory dispute negotiations prove fruitless
Unionists, factory representatives and Labor Ministry officials on Thursday failed to find a solution for about 1,600 employees of a garment factory in Takeo province who were fired for striking last month, and the case will be passed along to the Arbitration Council, a ministry ...
Sek Odom
https://www.cambodiadaily.com/news/takeo-factory-dispute-negotiations-prove-fruitless-100231/
Over 83 pct of Cambodia's urban dwellers have access to clean water: minister
More than 83 percent of Cambodia’s urban residents have currently access to clean water, up from only 60.5 percent in 2012, Minister of Industry and Handicraft Cham Prasidh said on Thursday. ...
Shanghai Daily Team
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=331482
Bavet factories shuttered as unrest continues
More than 30,000 workers were evacuated from two special economic zones (SEZs) here Tuesday morning after police clashed with an unruly mob attempting to incite workers to join their call for higher wages. ...
Kang Sothear and Matt Blomberg
https://www.cambodiadaily.com/news/bavet-factories-shuttered-as-unrest-continues-103613/
The implementation of new entrance ticket fees for Angkor Archaeological Site
On 10th August 2016, The Ministry of Tourism of the Cambodia has announced that the Royal Government of Cambodia has officially modified the new entrance ticket fees for Angkor Archaeological Site for all international visitors, and will be officially implemented from 01st February 2017. The ...
Ministry of Tourism
Protest to greet Union Law vote
As the National Assembly finally comes face to face with the draft union law today, it is unclear whether opposition lawmakers will vote against the contentious legislation. Independent trade unions, meanwhile, are planning a protest outside parliament. ...
Meas Sokchea
http://www.phnompenhpost.com/national/protest-greet-union-law-vote
Government considers delay of business registration
Fewer than half of Cambodia’s 42,000 registered businesses have met the government’s deadline for reregistering online, prompting the Ministry of Commerce to consider another extension, a spokeswoman said on Tuesday. ...
Kang Sothear
https://www.cambodiadaily.com/business/government-considers-delay-business-registration-118856/
One province, one SME zone
Next year will be breakout year for Cambodia’s small and medium enterprises (SMEs), with specific zones being organized in each province to promote productivity, quality and regional competitiveness, the president of the SME federation said yesterday. Te Taing Por, president of the Federation of Associations ...
Sok Chan
http://www.khmertimeskh.com/news/30599/one-province--one-sme-zone/
Cambodia eyes Swedish trade
Cambodia is seeking to expand its market for milled rice to Sweden and is looking for ways to cooperate further in trade and investment. ...
Chea Vannak
http://www.khmertimeskh.com/news/34526/cambodia-eyes-swedish-trade/
Daily directors barred from leaving country
The Tax Department yesterday issued a letter asking the Immigration Department to prevent Deborah Krisher-Steele and Douglas Steele – both representatives of the Cambodia Daily – from leaving the country, a day after department head Kong Vibol said he would continue to pursue the tax ...
Niem Chheng
http://www.phnompenhpost.com/national/daily-directors-barred-leaving-country
Japan to aid Institute of Technology
The Japan International Cooperation Agency has signed an agreement with the Institute of Technology of Cambodia to strengthen engineering education and research for industrial development. ...
Pav Suy
http://www.khmertimeskh.com/5083803/japan-aid-institute-technology/
India loan signed to fund dam in Kampong Speu
India’s state-owned Export-Import Bank agreed to loan $36.92 million to the Cambodian government to fund the development of a dam and reservoir in Kampong Speu province. ...
Hor Kimsay
http://www.phnompenhpost.com/business/india-loan-signed-fund-dam-kampong-speu
CDC opens tax desk to advise foreign firms
The Council for the Development of Cambodia (CDC) established a tax desk at their offices that will be staffed by employees from the General Department of Taxation, in hopes of easing the burden of registration for foreign companies. ...
Post Staff
http://www.phnompenhpost.com/business/cdc-opens-tax-desk-advise-foreign-firms
China, Cambodia to share credit reports
The central banks of Cambodia and China are in talks to share customers’ credit reports in an effort to boost bilateral private investment, as a response to rising trade between the two countries. The National Bank of Cambodia (NBC) director general Chea Serey told Khmer Times ...
May Kunmakara
http://www.khmertimeskh.com/news/32409/china--cambodia----to-share-credit-reports/
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
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/