Online biz registrations surging
The total capital of 28,618 companies registered in the online business registration system jumped to $8.4 billion as of Aug 27, compared to 20,693 companies with a total capital of $5.8 billion at the start of 2023. ...
Hin Pisei
https://www.phnompenhpost.com/business/online-biz-registrations-surging
New PM urges Royal Government to commit to nation’s success
Kitti Tesaphibal Bindit Hun Manet, Prime Minister of the Kingdom of Cambodia, requested his colleagues in the Royal Government to do their utmost to fulfill this noble national mission to achieve the glorious new mandate given by the people through elections. ...
Khmer Times Staff
https://www.khmertimeskh.com/501348610/new-pm-urges-royal-government-to-commit-to-nations-success/
Food and beverage processing SMEs show remarkable growth
The number of small and medium enterprises (SME) in food and beverage processing saw a remarkable increase, using raw materials of agriculture to the finished products. ...
Chea Vanyuth
https://www.khmertimeskh.com/501348064/food-and-beverage-processing-smes-show-remarkable-growth/
Cambodia attracts $3.76 billion investment in Q3
Cambodia attracted a fixed-asset investment of almost $3.76 billion in the three-quarter period of this year, up 8.6 percent from $3.46 billion over the same period last year, according to the Council for the Development of Cambodia (CDC) report on Saturday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501373254/cambodia-attracts-3-76-billion-investment-in-q3/
NBC sets new capital, risk rules for banks, financial institutions
The National Bank of Cambodia (NBC) yesterday released two proclamations that set new requirements for depositing-taking banks and financial institutions to strengthen the quality of their capital to increase the effectiveness of preventing main banking risks and assess credit risks at lower rates to boost ...
Kang Sothear
https://www.khmertimeskh.com/501318139/nbc-sets-new-capital-risk-rules-for-banks-financial-institutions/
Some 100 rare fish released into Mekong
The Wonders of the Mekong project and the National Fisheries Administration – in collaboration with the Fisheries Administration in Stung Treng province – released 100 endangered fish into the Mekong River on May 16, said a Fisheries Administration official. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/some-100-rare-fish-released-mekong
Tina suggests exploration of Israeli market
Agriculture minister Dith Tina asked Yaron Tamir, the CEO of Israeli agricultural capacity-building company Agrostudies, to examine the possibility of importing Cambodian agricultural products into Israel. ...
Van Socheata
https://www.phnompenhpost.com/national/tina-suggests-exploration-israeli-market
OBRS listing nears 34,000, $10B capital
The total number of companies enrolled through the Online Business Registration System (OBRS) via IT Platform phase I – commonly known as Single Portal – had reached almost 34,000 as of February 25, as reported by OBRS. ...
Hin Pisei
https://www.phnompenhpost.com/business/obrs-listing-nears-34-000-10b-capital
Cambodia hosts the fourth senior officials’ talks with Australia with fruitful outcomes
Senior officials from the Ministry of Foreign Affairs and International Cooperation of Cambodia and Foreign Affairs and Trade of Australia have co-chaired the fourth Senior officials Talks (SOTS) between the two countries. ...
Khmer Times Staff
https://www.khmertimeskh.com/501474353/cambodia-hosts-the-fourth-senior-officials-talks-with-australia-with-fruitful-outcomes/
Deal inked to introduce financial literacy to curriculum
The National Bank of Cambodia (NBC) and Ministry of Education have signed a Memorandum of Understanding (MoU) to include the third phase of Embedding Financial Literacy into the school curriculum to raise awareness and improve student capability in financial management as the economy evolves. ...
Mao Sreypich
https://kiripost.com/stories/deal-inked-to-introduce-financial-literacy-to-curriculum
Cambodia mulls DTA talks with seven countries
Cambodia is mulling Double Taxation Avoidance (DTA) deals with seven countries, naming the Philippines, Laos, Myanmar, France, Japan, Morocco, and the United Arab Emirates, the General Department of Taxation (GDT) said in a press release last week. ...
Chea Vanyuth
https://www.khmertimeskh.com/501475836/cambodia-mulls-dta-talks-with-seven-countries/
Businesses urged to prioritise riel for salary payments
The Governor of the National Bank of Cambodia (NBC), Chea Serey, is encouraging companies and enterprise owners to offer salaries in riel, as the majority of Cambodian workers are paid in dollars. ...
Mao Sreypich
https://kiripost.com/stories/businesses-urged-to-prioritise-riel-for-salary-payments
Sugar Firm Offers Defense After Call for Probe of EU Trade Links
The director of a CPP senator’s sugar plantation accused of stealing land from hundreds of families said Wednesday that most locals were happy with the new jobs the plantation has generated, a week after a visiting European Union parliamentarian renewed calls for an investigation of ...
Zsombor Peter
http://www.cambodiadaily.com/news/sugar-firm-offers-defense-after-call-for-probe-of-eu-trade-links-51545/
Ministry official under scrutiny
Svay Rieng Provincial Court officials are investigating an employee of the Ministry of Interior who is accused of fraudulently selling his land to someone and not honouring the deal. Ros Sithan, a logistics department officer at the ministry, was arrested on the evening of September 28, ...
Hun Sen’s Cabinet Approves $3.5B Draft Budget
Prime Minister Hun Sen’s new Cabinet on Friday approved a 2014 draft budget of $3.5 billion, a 13 percent increase over this year’s budget, but gave no details as to how the money would be spent. The CPP also said it will go ahead with a ...
Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/news/hun-sens-cabinet-approves-3-5b-draft-budget-45985/
Lack of Legal Aid in Cambodia Puts Children, Poor at Risk
A national legal aid system is imperative and must be established to offset a widening gap between those who can afford justice and those who cannot, the representative for the U.N.’s office of the High Commissioner for Human Rights (OHCHR) in Cambodia said on Friday. In ...
Lauren Crothers
http://www.cambodiadaily.com/news/lack-of-legal-aid-in-cambodia-puts-children-poor-at-risk-48219/
Case opened into claims of assault by Manet’s guard
Police in Long Beach, California, said on Saturday that they had opened an investigation into the alleged assault of an American man by a bodyguard of Prime Minister Hun Sen’s son Hun Manet. ...
Alex Willemyns
https://www.cambodiadaily.com/news/case-opened-into-claims-of-assault-by-manets-guard-111394/
Kings of concessions
Vietnam and China lead the pack of foreign companies granted economic land concessions in Cambodia for agro-industrial development by a wide margin, new data released by the Ministry of Agriculture, Forestry and Fisheries show. According to the ministry’s annual report, released last month, since 1993 the ...
May Titthara
http://www.phnompenhpost.com/national/kings-concessions
Talks yet to begin with Malaysia on maid ban
More than two weeks after a ban on sending maids to Malaysia began, work on a bilateral agreement that would protect Cambodian maids working in Malaysia has not begun, officials said yesterday. Ho Vuthy, deputy director general at the Ministry of Labor’s department of labor, said ...
Cambodia ratifies agreement on visa exemption for Asean nationals
The Royal Government of Cambodia has deposited their instrument of ratification to the Association of Southeast Asian Nations (Asean) Framework Agreement on visa exemption for Asean nationals last week with Surin Pitsuwan, secretary-general of Asean, in accordance with the Article 8 of the agreement The agreement ...