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Tax change to benefit employees

The government’s tax collection body has extended the fringe benefit tax exemption to several new industries, removing the 20-percent tax that employers were previously required to pay on the benefits they offered to their workers. ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/tax-change-benefit-employees

KOICA scholarships for Cambodian government officials tops 3000

The Korean International Cooperation Agency (KOICA) has sent over 3000 Cambodian officials employed in ministries and other government institutions to study Master’s Degree programs in South Korea since 1993, a KOICA senior official told Khmer Times. ...

Chea Vannak
http://www.khmertimeskh.com/news/15370/koica-scholarships-for-cambodian-government-officials-tops-3000-/

OIE Reports H5N1 Bird Flu Outbreaks in Cambodia

The Cambodian veterinary authorities have reported two outbreaks of highly pathogenic avian influenza (HPAI) H5N1 in Kampong Speu province affecting backyard poultry as well as in Kandal, affecting duck flocks in two households. The World Organisation for Animal Health (OIE) received follow-up report no. 1 ...

The Poultry Site News Staff
http://www.thepoultrysite.com/poultrynews/31610/oie-reports-h5n1-bird-flu-outbreaks-in-cambodia

Start of school year delayed

Tardiness is usually discouraged within school settings, but this year, the Education Ministry is endorsing a month-long delay for the whole academic year. Public schools, which typically start in the beginning of October, will this year commence classes on November 3, with studies continuing until the ...

Laignee Barron and Mom Kunthear
http://phnompenhpost.com/national/start-school-year-delayed

Gov’t Unveils Legal Plan to Break Garment Industry Strike

As mass demonstrations by garment factory workers continued Monday, the government laid out plans to bring an end to the labor unrest within the next three days, including suing union leaders in the courts and mobilizing security forces to take unspecified action. Signed by Council ...

Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/news/govt-unveils-legal-plan-to-break-garment-industry-strike-49763/

Cambodia launches National Council on Green Growth

Cambodia on Tuesday officially inaugurated the National Council on Green Growth, aiming at developing a sustainable economic society with natural resource and environment sustainability. Cambodia has adopted several legal instruments for the green growth implementation. Those included the roadmap for green growth, the memorandum of ...

http://news.xinhuanet.com/english/world/2013-03/19/c_132246075.htm

ODA Projects Signed with Japan

Agreements for two Japanese official development assistance (ODA) projects for Cambodia were recently signed at two separate ceremonies One ODA project amounts to US $53.3 million loan for the West Tonle Sap Irrigation and Drainage Rehabilitation and Improvement Project. The other project involves a US $700,000 ...

Increased loan access for SMEs

Three private institutions have come together to provide loans to small and medium enterprises (SMEs) to boost financial access for the business expansion and sustainability amid the global economic downturn. ...

May Kunmakara
https://www.phnompenhpost.com/business/increased-loan-access-smes

ACU guidelines short on details

Cambodia’s Anti-Corruption Unit launched a guidebook for businesses last week to create internal systems to prevent corrupt practices, but certain stakeholders say it doesn’t detail how to create these systems or even address systemic or bureaucratic corruption. The new guidebook, which the Anti-Corruption Unit (ACU) created ...

Chan Muyhong
http://www.phnompenhpost.com/business/acu-guidelines-short-details

PM offers VOD staff jobs at state organizations

Prime Minister Hun Sen on Tuesday offered VOD staff to work in the government after the media organization had its license revoked on Monday. ...

Chhorn Raksmey
https://kiripost.com/stories/cambodia-pm-offers-vod-staff-jobs-at-state-organizations

Central bank's regulations to boost financial resilience in Cambodia

The National Bank of Cambodia (NBC) has announced the enforcement of regulations on capital buffer and on credit risk for capital adequacy ratios (CAR) for banks and deposit-taking microfinance institutions (MFIs). These measures aim to bolster the management of diverse risks, it said. ...

Sok Raksa
https://www.phnompenhpost.com/business/central-banks-regulations-boost-financial-resilience-cambodia

Path to high value-added aquaculture sector studied

A study has been undertaken to look at the upgrading of fishery businesses in Battambang and Kampong Chhnang provinces. Those upgrades could then be replicated in other provinces in the country. ...

Sok Chan
https://www.khmertimeskh.com/50811787/path-to-high-value-added-aquaculture-sector-studied/

MoU signing ceremony between ODC and Svay Rieng University

On 09 December 2021, Open Development Cambodia (ODC), in collaboration with Svay Rieng University (SRU), organized a Memorandum of Understanding (MoU) signing ceremony to provide financial support to final-year Bachelor’s degree students. In collaboration with the Royal Government of Cambodia and the Ministry of Education, ...

Royal Group affirms its commitment to ANZ

Local conglomerate Royal Group said Tuesday that while it is committed to its partnership with Australia-based ANZ bank, it would entertain selling its stake in ANZ Royal Bank for “a very high offer.” “The Royal Group would like to clarify that it is a strong and ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/royal-group-affirms-its-commitment-to-anz-54904/

Despite Environmental Concerns, Xayaburi Breaks Ground

Lao officials and executives of a Thai construction company conducted a groundbreaking ceremony yesterday in Xayaburi to inaugurate the first dam to be built on the lower mainstream Mekong, putting to one side concerns that the dam could devastate fisheries in Cambodia and Vietnam. Prior to ...

http://www.cambodiadaily.com

Ministry investigates surrogacy services

The Justice Ministry is investigating accusations that surrogacy services are being offered in the Kingdom as rumors spread online. Minister of Justice Ang Vong Vathana said yesterday at a three-day workshop launching the “Explanatory Note of Domestic Adoption,” he was unsure if the rumors pertained to ...

Mom Kunthear
http://www.khmertimeskh.com/news/31036/ministry-investigates-surrogacy-services/

Government pushes ahead with study of Koh Kong dam

The minister of mines and energy on Monday said a new private-public working group will study the impacts of a proposed hydropower dam in Koh Kong opposed by hundreds of resident ethnic minority families and find them an adequate resettlement site. A Cambodian consultancy, SBK Research ...

Khuon Narim
http://www.cambodiadaily.com/news/government-pushes-ahead-with-study-of-koh-kong-dam-61047/

Unions plan 2nd round of mass strikes

After the Court of Appeal denied bail to 21 jailed protesters on Tuesday, 16 labor unions and associations announced Wednesday that they will retaliate by calling a nationwide labor strike in the middle of March. The unions, which mainly represent workers in the garment industry, said ...

Mech Dara and Aun Pheap
http://www.cambodiadaily.com/news/unions-plan-2nd-round-of-mass-strikes-52078/

Micro-insurance needs revamp: UN

The UN urged government and financial organisations to stimulate Cambodia’s flailing micro-insurance industry yesterday, after a study found the country’s poor are vulnerable to indebtedness during a crisis. The United Nations Development Business (UNDB) hosted a working group yesterday at Phnom Penh’s Sunway Hotel launching the ...

Eddie Morton
http://www.phnompenhpost.com/business/micro-insurance-needs-revamp-un

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