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PM tells workers CNRP is to blame for any sanctions

In a speech to workers yesterday, Prime Minister Hun Sen pinned the blame for any damage inflicted on Cambodia’s garment industry by potential economic sanctions squarely on the opposition party. “You must remember clearly that if the purchase orders are reduced, it is all the ...

Ben Sokhean
http://www.phnompenhpost.com/national-politics/pm-tells-workers-cnrp-blame-any-sanctions

Government reviews S’ville master plan

The Ministry of Economy and Finance (MEF) and the Inter-Ministerial Coordinating Committee (IMCC) Tuesday reviewed the final draft of the master plan to transform Preah Sihanouk province into a massive Multi-Purpose Special Economic Zone (MP-SEZ), before summiting to the Royal Government of Cambodia (RGC) for ...

Nhean Chamrong
https://www.khmertimeskh.com/501521018/government-reviews-sville-master-plan/

PM Adviser given extra title at financial ministry

Prime Minister Hun Sen has appointed his personal adviser Kong Vibol as director general of the General Department of Taxation at the Ministry of Econ­­omics and Finance, ac­­cording to the Royal Book en­­try of August 22. In addition to his expertise in taxation, Vibol is also ...

http://www.phnompenhpost.com/index.php/2012091058608/National-news/pm-adviser-given-extra-title-at-finance-ministry.html

Entrepreneurship, Start-ups and Innovation Knowledge Lab launched

The Economic Research Institute for ASEAN and East Asia, in partnership with the Asian Network, launched last week a new ERIA initiative to promote inclusive economic development through entrepreneurship and innovation across ASEAN and East Asia: the E-S-I Knowledge Lab. ...

Khmer Times Staff
https://www.khmertimeskh.com/501086558/entrepreneurship-start-ups-and-innovation-knowledge-lab-launched/

Burden of debt eats into incomes

While Cambodian households saw their debt increase just 2 per cent last year, rural household borrowings to service existing loans nearly doubled, new government research shows.Both total and disposable incomes across the 3.3 million Cambodian households rose 16 per cent year-on-year in 2014, with total ...

Ananth Baliga
http://www.phnompenhpost.com/business/burden-debt-eats-incomes

PM: Cambodia encourages openness and strengthening of economic integration

Prime Minister Hun Sen has stated that with the subsequent easing of administrative and health measures, Cambodia encourages openness and strengthening of economic integration by promoting investment, trade, by fully implementing free trade agreements. ...

Khmer Times Staff
https://www.khmertimeskh.com/501081202/pm-cambodia-encourages-openness-and-strengthening-of-economic-integration/

Education Ministry reforms teacher methodology, use of technology

The Ministry of Education, Youth and Sport (MoEYS) is reforming teacher training institutions by focusing on developing teachers’ skills in content, pedagogical lessons, teaching methods and the use of teaching technology so that teachers can achieve a higher level of professionalism. ...

Hang Punreay
https://www.khmertimeskh.com/501406035/education-ministry-reforms-teacher-methodology-use-of-technology/

AEC will 'Cut impact of US, EU woes'

Malaysia is optimistic Asean is ready to be integrated into a single economic block by December 2015 despite uncertainties over growth in the euro zone and the US. International Trade and Industry Minister Mustapa Mohamed said the 10 member countries would be able to cushion the ...

http://www.nationmultimedia.com/business/AEC-will-Cut-impact-of-US-EU-woes-30195833.html

UN: invest in women

Cambodia needed to invest in women to aid its development and integration into the ASEAN economic community, United Nations Under Secretary-General Noeleen Heyzer said yesterday. Heyzer, executive secretary of the Economic and Social Commission for Asia and the Pacific(ESCAP), met with Minister of Women’s Affairs Ing Kantha ...

http://www.phnompenhpost.com/index.php/2012082358228/Business/un-invest-in-cambodian-women.html

Industries left guessing as Cambodia fails to release customs data for 2017

When government-aligned Fresh News reported on Sunday that bilateral trade between the US and Cambodia had increased to $3.46 billion last year, up more than 8 percent from the year before, they weren’t using Cambodian government data. Nor was the state-run Agence Kampuchea Presse using government ...

Hor Kimsay
http://www.phnompenhpost.com/business/industries-left-guessing-cambodia-fails-release-customs-data-2017

Ministry sets dates for Diploma and Bac II exams

The Ministry of Education, Youth and Sport has announced the annual schedule for junior high school Diploma and high school Baccalaureate (Bac II) final examinations. ...

Hang Punreay
https://www.khmertimeskh.com/501275975/ministry-sets-dates-for-diploma-and-bac-ii-exams/

Police put an end to gathering of farmers in Prey Veng

Police who shut down a gathering of 30 people in a private home in Prey Veng province yesterday justified the action by saying the organisers had failed to notify the district governor in writing beforehand. ...

Niem Chheng
http://www.phnompenhpost.com/national/police-put-end-gathering-farmers-prey-veng

Economy still on track: World Bank

Despite better than predicted overall growth for global economies, the World Bank has slightly downgraded its 2017 forecast for Cambodia due to wage and price concerns in the Kingdom’s the garment industry as well as uncertainty surrounding next year’s national election. ...

Kali Kotoski
http://www.phnompenhpost.com/business/economy-still-track-world-bank

Workers faint en masse at coat factory in Bavet

Nearly 50 workers fainted on Saturday at a coat factory in the Tai Seng Special Economic Zone in Bavet City, Svay Rieng, a factory representative said Sunday. The incident was precipitated by one worker who fainted because she was already sick, setting off a chain reaction ...

Hay Pisey
http://www.cambodiadaily.com/news/workers-faint-en-masse-at-coat-factory-in-bavet-62748/

Cambodia collects tax of 881 million USD in 2013

The kingdom’s General Department of Taxation had collected 881 million U.S. dollars of taxes in 2013, up 19 percent from 740 million U.S. dollars in a year earlier, a press release said Thursday. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/09/c_133031865.htm

Tax revenue rises but at slower pace

The government’s tax revenue increased for the first five months of the year, but despite recent reforms, the growth rate is at a slower pace than for the corresponding period last year. According to data from General Department of Taxation (GDT) released on Wednesday, the state ...

May Kunmakara
http://www.phnompenhpost.com/business/tax-revenue-rises-slower-pace

Cambodia readies for EU meet on 7-year work plan

The Kingdom is set to host a consultative meeting with EU representatives and partners based in the country next month and prepare a 2021-2027 joint development cooperation plan that centres on market diversification, according to the Council for the Development of Cambodia (CDC). ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-readies-eu-meet-7-year-work-plan

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