Sihanoukville port operator still on course for IPO
The state operator of Cambodia’s only deep-water port remains on course to float shares on the stock exchange and is seeking ways to speed up the listing. ...
Hor Kimsay
http://www.phnompenhpost.com/business/sihanoukville-port-operator-still-course-ipo
Border control a concern as harvest looms
Tighter border controls by Thai authorities could result in thousands of tonnes of Cambodian agricultural goods getting stranded at the border next month when local farmers begin harvesting their crops, sources warned yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/border-control-concern-harvest-looms
Gov't working group to tackle money laundering
The government is seeking to strengthen its ability to counter money laundering and terrorism funding through a new working group that combines representatives across several ministries and the private sector. ...
Sor Chandara
http://www.phnompenhpost.com/business/govt-working-group-tackle-money-laundering
Cambodia aims to reduce Dollarization
Cambodia has designed strategies to give the Riel a boost to reduce dollarization, which represents about 80 percent of currencies circulated in the country, the Central Bank’s senior officials said Tuesday. ...
Xinhua team
http://www.khmertimeskh.com/news/16274/cambodia-aims-to-reduce-dollarization/
Mondulkiri land sit-down ‘fruitful’
French owned plantation firm Socfin has restarted talks with indigenous villagers affected by its plantations in Mondulkiri province, with the UN saying the process could be replicated across a region dominated by agro-industrial firms. ...
Daniel Pye and Phak Seangly
http://www.phnompenhpost.com/national/mondulkiri-land-sit-down-fruitful
Gov’t preparing to eliminate import duties for ASEAN products
The government is planning to gradually reduce tariffs on most goods imported from other ASEAN member states to zero, putting Cambodia ahead of what is required of it under the ASEAN Trade in Goods Agreement (ATIGA), officials said. ...
May Kunmakara
http://www.khmertimeskh.com/news/19589/gov---t-preparing-to-eliminate-import-duties-for-asean-products/
Most ELC disputes still unresolved
More than two-thirds of the 158 land disputes triggered by large-scale plantations over the past two decades have yet to be fully resolved, according to a new report by the NGO Forum on Cambodia. ...
Khuon Narim
https://www.cambodiadaily.com/news/most-elc-disputes-still-unresolved-114786/
Insurance continues to grow
Insurance sales have grown by 37 percent in the first half of the year, totaling $56 million, the Insurance Association of Cambodia (IAC) announced in a report Tuesday. The increase, up from $40.9 million for the same period last year, has been driven by a ...
Sok Chan
http://www.khmertimeskh.com/news/28318/insurance-continues-to-grow/
More Montagnards opt to return home
More Montagnard asylum seekers are planning to return to home amid cuts in United Nations-provided food rations.Vivian Tan, regional spokesperson for the UN Refugee Agency (UNHCR), said more than 10 indigenous Christian Montagnards had requested assistance in returning to Vietnam. ...
Alice Cuddy and Phak Seangly
http://www.phnompenhpost.com/national/more-montagnards-opt-return-home
Patent tax can now be paid at banks, department says
The General Department of Taxation notified patent owners that they have three months to pay taxes owed on their patents, but they can do so at banks this year for the first time, its director general said yesterday. ...
Sum Manet
http://www.khmertimeskh.com/news/19467/patent-tax-can-now-be-paid-at-banks--department-says/
Firms urged to opt for arbitration, not courts, to settle disputes
Commercial arbitration is a swifter, less expensive and more confidential way to settle business disputes than going through the courts, and the expansion of the service here will make the investment environment more attractive, Van Sou Ieng, president of the Cambodian Federation of Employers and ...
Government kicks damage control into high gear
The Foreign Affairs Ministry on Thursday released a statement accusing foreign delegations of hypocrisy for criticizing the government’s crackdown on the opposition, even suggesting that they were pretending not to know the law. ...
Sek Odom
https://www.cambodiadaily.com/news/govt-kicks-damage-control-into-high-gear-113430/
Tax revenue fills coffers of the state
The government’s tax revenue saw a sharp increase of about 22 percent in the first five months of the year, compared with the same period last year, with some $763 million collected by the General Department of Customs and Excise. ...
Sum Manet
http://www.khmertimeskh.com/news/25916/tax-revenue-fills-coffers-of-the-state/
Six rescued from Malaysia
Six Cambodian workers were rescued from Malaysia and arrived home safely late last weekend after being cheated by brokers, a spokesman for the Ministry of Foreign Affairs said yesterday. ...
Mom Kunthear
http://www.khmertimeskh.com/news/26074/six-rescued-from-malaysia/
Bavet SEZ unequipped to treat its wastewater: ministry
The Ministry of Environment said yesterday that a recently constructed water-treatment facility at the Manhattan Special Economic Zone in Svay Rieng is unable to deal with most of the polluted water generated by factories at the site, and that 70 per cent was being dumped ...
Kong Meta
http://www.phnompenhpost.com/national/bavet-sez-unequipped-treat-its-wastewater-ministry
Thai life insurer to enter local market
Bangkok Life Assurance expects to offer life insurance policies in Cambodia by the beginning of next year, according to Thai news outlets, adding to the list of international insurers looking to tap into the Kingdom’s nascent but potentially lucrative market. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/thai-life-insurer-enter-local-market
Study links toilet usage, height
A new study has found that open defecation, which is still commonly practised in Cambodia, has direct links to reduced heights in children, with a decrease in the practice over five years leading to increases in height. ...
Andrew Nachemson
http://www.phnompenhpost.com/national/study-links-toilet-usage-height
Government payroll to grow
The government will recruit more than 12,000 civil servants and teachers and an additional 20,000 service contractors for 2017, according to an announcement by the Ministry of Public Function. ...
Touch Sokha
http://www.phnompenhpost.com/national/government-payroll-grow
Pursat river pleasure cruises planned
Tourists will soon be able to cruise along the Pursat river in rowing boats and pedalos, under plans to develop the waterway as a tourist attraction, according to a senior provincial official. ...
Sok Chan
http://www.khmertimeskh.com/news/38690/pursat-river-pleasure-cruises-planned/
Don’t punish us: employers
The Garment Manufacturers Association in Cambodia has called on international buyers to continue ordering clothes and textile products made in the country over fears the US and the EU could halt preferential treatment for Cambodian exports. ...
Mom Kunthear
http://www.khmertimeskh.com/5093735/dont-punish-us-employers/