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Acleda readies to open Myanmar’s first micro-finance firm

Cambodia’s largest bank is ready to launch its first micro-finance institution (MFI) in Myanmar, but one final barrier remains: an operating licence from Myanmar’s government. Acleda Bank’s chief executive, In Channy, expects the licence to be granted by the end of this month. Once that is done, ...

http://www.phnompenhpost.com/2013011760823/Business/acleda-readies-to-open-myanmar-s-first-micro-finance-firm.html

Wage talks remain in deadlock

The third day of negotiations between members of a working group trying to reach a consensus on the minimum monthly garment wage remained stagnant yesterday, as manufacturers refused to budge from their $110 offer. ...

Mom Kunthear and Sean Teehan
http://phnompenhpost.com/national/wage-talks-remain-deadlock

YEAC signs MoU to strengthen Cambodia’s SMEs

The Young Entrepreneurs Association of Cambodia has signed an MoU with four major institutions to further develop the nation’s small and medium enterprises ...

Kiripost staff writers
https://kiripost.com/stories/yeac-signs-mou-to-strengthen-cambodias-smes

Confidence at central bank

As volatility strikes Asian markets in anticipation of the US Federal Reserve winding down quantitative easing – the practice of injecting money into the economy – the National Bank of Cambodia says the Kingdom will remain largely insulated thanks to an investment market still in ...

http://www.phnompenhpost.com/2013062566455/Business/confidence-at-central-bank.html

Job fair attracts a big crowd

Officials confirmed there were more than 20,000 participants at the job fair on Saturday organised by the National Employment Agency Of the Ministry Of Labour and Vocational Training, which was held in an effort to educate job seekers about current opportunities. Sokkhon David, acting director Of information ...

http://www.phnompenhpost.com/index.php/2012110559560/Business/job-fair-attracts-a-big-crowd.html

Putting parking reform in gear

With civil society, the opposition and even the ruling party talking more and more about the subject of electoral and judicial reforms in the wake of July’s contested national elections, some groups yesterday gathered to call for reforms in a more modest sector – parking ...

Chhay Channyda
http://www.phnompenhpost.com/national/putting-parking-reform-gear

Ministries urged to address gender gaps in digital sector

Prime Minister Hun Manet urged the Ministry of Women’s Affairs to work with relevant ministries and institutions to address the gender gap in the digital sector, especially to increase the participation of women and girls in the use of digital technology, and Science, technology, Engineering, ...

Torn Vibol
https://www.khmertimeskh.com/501421856/ministries-urged-to-address-gender-gaps-in-digital-sector/

Tax incentives offered for expansion of Qualified Investment Projects

In accordance with a recently released legal update from the Ministry of Economy and Finance (MEF), new procedures have been defined to provide income tax incentives to companies involved in expanding their Qualified Investment Projects (QIPs) in the Kingdom. ...

James Whitehead
https://www.khmertimeskh.com/501501730/tax-incentives-offered-for-expansion-of-qualified-investment-projects/

Takeo Community Technology Centre gets Japanese support

The Japanese government has provided a grant of $145,692 to Cambodia for the construction of a Community Technology Centre (CTC) in Bati district of Takeo province. ...

Manoj Mathew
https://www.khmertimeskh.com/501257838/takeo-community-technology-centre-gets-japanese-support/

Singaporean company plans to build smart city in Cambodia

Limestone Network, a Singaporean startup, is planning to build a smart city in the heart of Phnom Penh. International startup media platforms reported this week that Limestone Network is seeking to transform the face of Southeast Asia by building smart cities powered by blockchain technology. Limestone ...

Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50634713/singaporean-company-plans-to-build-smart-city-in-cambodia/

Investors start to see potential returns in Cambodian Startups

Lack of trust from investors has so far limited the growth potential of the growing number of Cambodian technology startups. Five-year old Khmerload, a Cambodian entertainment news website modeled after the American media giant Buzzfeed, has become one of the country’s first local tech startups ...

Sophat Soeung and Neou Vannarin
http://www.voacambodia.com/a/investors-start-to-see-potential-returns-in-cambodian-startups/3804195.html

Russia, Cambodia sign two MOUs to cooperate in nuclear energy

Rosatom State Atomic Energy Corporation (Rosatom) and the National Council for Sustainable Development of the Kingdom of Cambodia today announced that they have signed two key MOUs. ...

Rosatom Asia Pte Ltd
http://www.eco-business.com/press-releases/russia-cambodia-sign-two-mous-to-cooperate-in-nuclear-energy/

Cambodia launches No Pesticide Day campaign

A campaign for No Pesticide Day was held in eastern Cambodia’s Kratie province on Thursday with an appeal for relevant agencies to take part in the abolishment of the use of extremely dangerous pesticides. ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141211/cambodia-launches-no-pesticide-day-campaign

Gov’t to exempt patent tax for online press

The Royal Government of Cambodia (RGC) has agreed to exempt patent tax for small online press institutions as well as reduce 50 percent of the registration fee to the new press united in the Ministry of Information (MoI) for the next five years, said a ...

Nhean Chamrong
https://www.khmertimeskh.com/501398047/govt-to-exempt-patent-tax-for-online-press/

Digitizing Cambodia’s health sector

Cambodia’s health sector is evolving thanks in part to improved human resources and the emergence of HealthTech. Kiripost speaks to medical experts who are using technology in the form of electronic medical records to improve services nationwide. ...

Kiripost staff writers
https://kiripost.com/stories/digitizing-cambodias-health-sector

Cambodia's micro-lenders record 24 pct lending growth in Q1

Cambodia’s 35 microfinance institutions had lent 1 billion U.S. dollars to customers by the end of March this year, up 24 percent from 808 million U.S. dollars it lent at the end of last year, the data of Cambodia Microfinance Association (CMA) showed Wednesday. On the ...

http://www.asean-china-center.org/english/2013-05/03/c_132357476.htm

Digital infra success boosting Cambodia’s growth potential

The scale of progress in the Kingdom’s digital infrastructure has played a critical role in boosting the country’s growth potentials, senior telecom executives told a visiting delegation of Singapore Business Federation (SBF) on Thursday as they visited Huawei Cambodia office at Exchange Square. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501336935/digital-infra-success-boosting-cambodias-growth-potential/

Cambodia's Free Trade Union offers minimum wage plan

In the latest bid for an increase in garment-industry wages, Free Trade Union (FTU) president Chea Mony yesterday called on the Garment Manufacturers Association in Cambodia (GMAC) to come to the table and discuss a $120-per-month minimum wage. A few days after Cambodian Confederation of Unions ...

http://www.phnompenhpost.com/2013010460628/National/cambodia-s-free-trade-union-offers-minimum-wage-plan.html

Bilateral investment treaties offer investment protection through arbitration

Bilateral Investment Treaties (BITs) are intra-state legal mechanisms which encourage foreign investment. This is particularly so as they provide foreign investors with Investor State Dispute Settlement (ISDS) mechanisms to enforce investment protections through international arbitration against the host state before a neutral tribunal. Cambodia has signed over ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YTQ5ZWI5NTZjN2F

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