SMEs urged to register at Taxation Department
Cambodia’s small- and medium-size enterprises should formalise their accounts and register with the Taxation Department to avoid the risk of unpredictable tax collection in the future, industry insiders said at a tax seminar in Phnom Penh yesterday. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/smes-urged-register-taxation-department
Ministry defends pro-CPP speech at university
The Education Ministry on Monday defended a pro-CPP speech delivered to some 1,500 students at a university in Phnom Penh on Sunday, reasoning that the school did not breach the ministry’s new directive against political activity at academic institutions because classes had finished for the ...
Aun Chhengpor
https://www.cambodiadaily.com/news/ministry-defends-pro-cpp-speech-at-university-93048/
New Ministry decree aims at tourist safety
A Ministry of Tourism official said they would finalize an inter-ministerial prakas before the end of this year to enhance tourists’ safety, as previous fatal accidents have led to concerns in the tourism sector. Tith Chantha, general director of tourism at the Ministry of Tourism, said task force officials, affiliated with Tourism ...
Naga aircraft set to take flight
Nagacorp, owner of Cambodia’s largest casino, NagaWorld, is on track to begin flying in high-rollers from China on a fleet of its own commercial aircraft, according to the company’s latest earnings statement and government officials. In a filing to the Hong Kong Stock Exchange on Friday, ...
Eddie Morton
http://www.phnompenhpost.com/business/naga-aircraft-set-take-flight
Exports Rise, but Value of Goods Remains Weak
Cambodia saw significant percentage gains in regional trade in the first six months of the year, though the gap between imports and exports remained large, according to data released yesterday by the Ministry of Commerce. According to the figures, the country saw regional exports to ...
New Ranariddh party approved
Prince Norodom Ranariddh is officially back in the political game. The Ministry of Interior has approved the former prime minister’s Community of Royalist People’s Party (CRPP), Ranariddh’s cabinet chief, Noranarith Anandayath, said yesterday. ...
Vong Sokheng
http://www.phnompenhpost.com/national/new-ranariddh-party-approved
Cambodia looks to ignite female sports culture
Ahead of hosting the SEA Games the country’s Olympic Committee leader is trying to develop more elite female athletes. This means vaulting a culture barrier that currently keeps many parents from allowing their daughters to play sports. ...
Kristi Eaton
http://womensenews.org/story/athleticssports/150213/cambodia-looks-ignite-female-sports-culture
Cambodia to meet Malaysia over maids MoU
The Ministry of Labor said Wednesday that the government has agreed on a final draft of a memorandum of understanding (MoU) with Malaysia regarding sending Cambodian maids to work there, but that no timeframe for the signing of the agreement has been set. Following reports of ...
Denise Hruby and Khuon Narim
http://www.cambodiadaily.com/news/cambodia-to-meet-malaysia-over-maids-mou-53635/
Cambodia revising gambling laws to attract investment
The Cambodian government is in the process of amending its gaming laws in a bid to draw major casino operators, industry sources have confirmed to GGRAsia. Earlier on Tuesday, the Phnom Penh Post reported that the new draft of the national casino law could be finalised ...
GGRAsia News Staff
http://www.ggrasia.com/cambodia-revising-gambling-laws-to-attract-investment/
NagaWorld sees revenue jump 42% in first half
Cambodia’s largest casino NagaWorld’s gross gaming revenue (GGR) grew for the first semester this year by 42 per cent to $255.4 million, compared to the $180.3 million reported for the same period in 2014. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/nagaworld-sees-revenue-jump-42-first-half
Security Guards Disrupt Memorial Ceremony for Slain Man
There were ugly scenes on Friday at Phnom Penh’s hill-temple Wat Phnom when district security guards scuffled, shouted abuse and punched a group of mostly women and monks who had gathered to hold a memorial ceremony for Mao Sok Chan—the 29-year-old man shot dead by ...
Khy Sovuthy
http://www.cambodiadaily.com/news/security-guards-disrupt-memorial-ceremony-for-slain-man-45479/
Okvau resource’s value at centre of dispute
Gold in Mondolkiri is at the center of a dispute between OZ Minerals and Shin Ha Mining Co Ltd after an alleged breach in contract. OZ Minerals bought out Shin Ha Mining Co Ltd from their joint venture without paying the true value of the ...
Prices for Land at 2009 Levels, Report Shows
ASEAN Valuers Association have reported that property prices in Cambodia have not changed since 2009. Property prices in Phnom Penh are 2 percent lower than they were in 2009. CEO of Bonna Realty Group Sung Bonna has said that investors should take advantage of low ...
Two Mass Faintings in Three Days at Factory
Almost 200 workers received medical treatment yesterday following yet another mass fainting at the M&V International Manufacturing Ltd garment factory in Kompong Chhnang province. The International Labor Organization said that the factory was a supplier to the Swedish clothing brand H&M and that it was ...
Phok Dorn, P. 31
https://opendevelopmentcambodia.net/wp-content/uploads/sites/2/2017/08/26-August-2011-page-001.jpg
Another Worker Faints at M&V Garment Factory
Another worker fainted at the M&V International Manufacturing Ltd garment factory in Kompong Chhnang yesterday morning, sparking “hysteria” and resulting in 10 workers having to return home to rest, a union official said. Two mass-fainting incidents occurred at the factory, which produces clothes for outfitter ...
Phok Dorn and Alice Burke, P. 35
https://opendevelopmentcambodia.net/wp-content/uploads/sites/2/2017/08/30-August-2011-page-001.jpg
24 More Faint at Dangkao District Garment Factory
Continuing the spate of mass fainting at Phnom Penh garment factories, 24 workers fainted at the Heart Enterprise factory on Friday, prompting the factory to shut down for the second time in a week, officials said. The Dangkao district garment factory had reopened on Friday ...
Cambodia ranked ninth most at risk for disasters
Cambodia was ranked the ninth most at risk country of being exposed to natural disasters out of 173 countries surveyed in a new report by the UN University’s Institute for Environment and Human Security A UNDP report released in August supported the World Risk report’s findings ...
Eight workers lost in deluge at dam site
Eight workers at the Stung Tatay hydro project, in Koh Kong province, are presumed dead after being swept away by floodwaters on Sunday. Seven of the men drowned while trying to rescue a colleague who had fainted after floodwaters swept over a bridge, stranding him at ...
Chinese 'no-strings' loans come at a cost
As government borrowing from China continues to increase, a new study released yesterday showed that Chinese concessional loans carry higher interest than any others. According to the study, released by the NGO Forum on Cambodia at a workshop in Phnom Penh, China’s average interest rate on ...