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Prasac seeks commercial bank status

PRASAC, Cambodia’s largest microfinance institution by outstanding loans, planned to become a licensed commercial bank in the Kingdom, company officials said yesterday. The news comes despite calls from insiders and experts – most recently the International Monetary Fund and World Bank – for the National ...

http://www.phnompenhpost.com/index.php/2012030254816/Business/prasac-seeks-commercial-bank-status.html

At least debate FOI draft: SRP lawmaker

Sam Rainsy Party lawmaker Son Chhay has sent an amended version of his draft freedom-of-information law to the National Assembly this morning and urged the parliament to at least debate the legislation. Son Chhay said yesterday his revised law had taken into account amendments requested ...

http://www.phnompenhpost.com/index.php/2012030254822/National-news/at-least-debate-foi-draft-srp-lawmaker.html

Gov’t: Thousands of migrant workers ‘not received rights’

Minister of Interior Sar Kheng on Wednesday said there are still thousands of Cambodian migrant workers in Thailand who have not received the full legitimate rights that could protect them from abuses. This, he said was despite the two countries having laid out procedures and ...

Kong Meta
https://www.phnompenhpost.com/national/govt-thousands-migrant-workers-not-received-rights

Register now or miss out on tax breaks, ministry says

Government officials and private sector leaders on Friday reiterated their calls for all small and medium-sized enterprises to join the regulatory fold. Public officials and representatives of employers’ organisations assured business owners that the recently announced tax incentives are not a “trap” and that registering ...

Sok Chan
https://www.khmertimeskh.com/50549752/register-now-or-miss-out-on-tax-breaks-ministry-says/

Property owners asked to report foreign tenants to immigration department

Deputy Prime Minister and Minister of Interior Sar Kheng has instructed owners of residences throughout the Kingdom to report the presence of all foreign tenants. In a letter dated Friday, Sar Kheng said the ministry had noticed that many residence owners had failed to duly ...

Voun Dara
https://www.phnompenhpost.com/national/property-owners-asked-report-foreign-tenants-immigration-department

Interior Minister starts five-day visit to Turkey

Deputy Prime Minister and Minister of Interior Sar Kheng embarked on a five-day official visit to Turkey on Sunday at the invitation of his counterpart there. During his visit, which ends on Thursday, Sar Kheng is due to meet Turkish Minister of Interior Suleyman Soylu, ...

Ry Sochan
https://www.phnompenhpost.com/national/interior-minister-starts-five-day-visit-turkey

Ethnic Vietnamese protest against residency blunder

Seventeen families from Phnom Penh’s Meanchey district, who claim they have lived in the area for two decades and are Cambodian by birth, protested against district authorities on Wednesday for designating them as Vietnamese immigrants. The families, from Chak Angre Krom commune’s Tuol Roka village, ...

Voun Dara
https://www.phnompenhpost.com/national/ethnic-vietnamese-protest-against-residency-blunder

Deal struck for migrant workers

Thailand has agreed to relax enforcement against expired documents held by migrant Cambodians, which become invalid when they switch jobs without their previous employer’s written consent. ...

Sen David
http://www.phnompenhpost.com/national/deal-struck-migrant-workers

Deal ends moratorium on maids to Malaysia

Four years after Prime Minister Hun Sen personally outlawed the practice of Cambodian women traveling to Malaysia to work as domestic servants, the two countries have agreed to restart the maid trade, according to a statement released by the Labor Ministry on Thursday. ...

Matt Blomberg and Kang Sothear
https://www.cambodiadaily.com/news/deal-ends-moratorium-on-maids-to-malaysia-102759/

Eight return from China, Malaysia

The Foreign Ministry announced on Saturday the rescue of eight trafficked Cambodian women who worked either as maids in Malaysia or were tricked into becoming brides to men in China.of the eight women, five worked as domestic workers in Malaysia and three were married off ...

Charles Rollet and Sen David
http://www.phnompenhpost.com/national/eight-return-china-malaysia

New orphanage sub-decree aims to protect children

The Ministry of Social Affairs yesterday issued a new sub-decree ordering all orphanages to get a permit, submit to inspections and limit the conditions under which children can be admitted.According to many experts, including Social Affairs Minister Vong Soth, orphanage care does more harm than ...

Igor Kossov
http://www.phnompenhpost.com/national/new-orphanage-sub-decree-aims-protect-children

Ministry pledges to up female hiring numbers

New targets have been set to boost the number of women in positions of influence, according to an initiative launched yesterday by the Ministry of Women’s Affairs. ...

Sen David
http://www.phnompenhpost.com/national/ministry-pledges-female-hiring-numbers

Current account deficit rises to $542M in 4Q15

Cambodia’s current account balance deficit was the equivalent of $542 million in the fourth quarter of 2015, the equivalent of 11.5 per cent of GDP, the National Bank of Cambodia said in a report released yesterday.   ...

Post Staff
http://www.phnompenhpost.com/business/current-account-deficit-rises-542m-4q15

Migrant workers to return from Thailand

Thailand will free five Cambodian migrants jailed for working illegally, who will be returned alongside some 100 other nationals as part of a joint crackdown on migrant labour. ...

Sen David
http://www.phnompenhpost.com/national/migrant-workers-return-thailand

Number of foreigners deported ramps up

The government deported 2,420 people from the Kingdom in the first nine months of 2015, according to updated figures from the General Department of Immigration released on the National Police website on Wednesday.​ ...

Igor Kossov
http://www.phnompenhpost.com/national/number-foreigners-deported-ramps

Rural latrine access on the rise, gov’t finds

The Ministry of Rural Development on Friday announced that more than half of Cambodians now have access to improved sanitation such as latrines.According to the ministry’s statement, 47 per cent of Cambodians now lack access to improved sanitation, compared to 89 per cent in 1990.The ...

Sen David
http://www.phnompenhpost.com/national/rural-latrine-access-rise-govt-finds

ID cards coming unglued

Expired glue used in the production of Cambodia’s new generation of national identification cards is causing the top layer of some to peel off, though it’s unclear exactly how many of the 6.4 million issued since 2012 are affected, according to a Ministry of Interior ...

Shaun Turton and Taing Vida
http://www.phnompenhpost.com/national/id-cards-coming-unglued

National Bank of Cambodia for Kampot provincial branch inaugurated

A newly-constructed two-storey building of Kampot provincial branch of the National Bank of Cambodia inaugurated this morning to welcome clients. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/national-bank-of-cambodia-for-kampot-provincial-branch-inaugurated-9083

Migrant cooperation agreements slated for Thai visit

As Cambodian workers continue to stream illegally across the border to work in Thailand, the two countries are set to sign twin agreements to combat the issue when Prime Minister Hun Sen visits Thailand on Friday. ...

Sen David
http://www.phnompenhpost.com/national/migrant-cooperation-agreements-slated-thai-visit

Alcohol, cigarette tax to increase on April 1

The General Department of Taxation has asked alcohol and cigarette firms to implement proposed increases in special tax on their products, as per a subdecree issued last December. ...

Post Staff
http://www.phnompenhpost.com/business/alcohol-cigarette-tax-increase-april-1

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