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CDC: Improve infrastructure to draw investment to border

The Council for the Development of Cambodia (CDC) has urged relevant parties to increase efforts to attract more foreign investors to border areas. CDC secretary-general Sok Chenda Sophea said to achieve this, it is necessary to develop infrastructure there such as special economic zones (SEZ), ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-improve-infrastructure-draw-investment-border

Securities transaction fees reduced

Cambodia’s security regulator has slashed transaction fees on securities by half in its latest bid to stimulate interest in the Kingdom’s lacklustre stock exchange. ...

Sor Chandara
http://www.phnompenhpost.com/business/securities-transaction-fees-reduced

H&M's suppliers guilty of labour rights abuses, report alleges

A new report has alleged labour rights abuses at Cambodian supplier factories for apparel giant H&M, as more than 500 garment workers gathered in Phnom Penh yesterday to air some of the same concerns over working conditions during a workers’ forum.   ...

Sen David and Yesenia Amaro
http://www.phnompenhpost.com/national/hms-suppliers-guilty-labour-rights-abuses-report-alleges

Nepotism complaint at institute

Sixteen former staff members at the Sihanoukville provincial Multi-Technical Training Institute filed a sweeping complaint against the school’s married directors with the Ministry of Labor over the weekend. ...

Pav Suy
http://www.khmertimeskh.com/news/27480/nepotism-complaint-at-institute/

Outbreaks of lethal virus cyclical: study

A recently published study of a 2012 enterovirus outbreak that killed at least 54 Cambodian children has found that flare-ups of the virus tend to occur in a cyclical pattern, and that another one could be in store soon.Widespread in the Asia-Pacific region, the virus ...

Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/outbreaks-lethal-virus-cyclical-study

CEDAC president steps down to focus on political party

Yang Sang Koma has announced that he will step down as president of the Cambodia Center for Study and Development of Agriculture (CEDAC) after his term finishes this year to focus his attention on the Grassroots Democracy Party (GDP).    ...

Chea Vannak
http://www.khmertimeskh.com/news/19220/cedac-president-steps-down-to-focus-on-political-party/

A new prosecutor for Banteay Meanchey

Phnom Penh Municipal Court deputy prosecutor Meas Chan Piseth will next week replace Banteay Meanchey Provincial Prosecutor Phan Vannarath, who is taking a position in the Ministry of Justice at the end of a nearly five-year term in office.     ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/26745/a-new-prosecutor-for-banteay-meanchey/

Cambodia and Myanmar in joint stand on South China Sea dispute

Cambodia and Myanmar have reiterated their support for a peaceful solution to the territorial disputes involving China and several Asean countries in the South China Sea after a meeting between Prime Minister Hun Sen and Myanmar’s newly appointed ambassador to Cambodia. ...

Pav Suy
http://www.khmertimeskh.com/news/26852/cambodia-and-myanmar-in-joint--stand-on-south-china-sea-dispute/

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 ...

Sok Chan
http://www.khmertimeskh.com/news/20033/firms-urged-to-opt-for-arbitration--not-courts--to-settle-disputes/

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