S’pore firm announces plans for local solar sector
Singapore-based Indochina Energy Partners is focusing on rooftop solar installations in three Southeast Asian nations, including Cambodia. According to a report by ScanAsia released Monday, IEP is working on rooftop photovoltaic panel installations in Vietnam, Myanmar and Cambodia. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50644868/spore-firm-announces-plans-for-local-solar-sector/
Exports of footwear and travel goods buoyed by tariff privileges
Cambodia’s footwear and travel goods exports dramatically increased in the first nine months of this year, thanks to tariff privileges they received from the US under its Generalised System of Preferences (GSP). ...
May Kunmakara
https://www.phnompenhpost.com/business/exports-footwear-and-travel-goods-buoyed-tariff-privileges
Over 20 child street sellers rescued in raid
More than 20 child laborers were rescued in Phnom Penh on Tuesday after anti-human trafficking authorities arrested a couple who had forced the children to work as fruit sellers in exchange for payments made to their families, according to police.Officers from the Interior Ministry’s anti-human ...
Sek Odom
https://www.cambodiadaily.com/news/over-20-child-street-sellers-rescued-in-raid-on-house-95148/
Malaria money sits idle
Millions of dollars of aid money granted to Cambodia by the Global Fund to combat malaria have been left sitting in a bank account for more than a year, official documents seen by the Post show.The money remains untouched because the National Malaria Centre (CNM) ...
Jamie Elliott
http://www.phnompenhpost.com/national/malaria-money-sits-idle-0
Minister encourages food safety following deaths
Minister of Health Mam Bunheng yesterday asked the public to stop drinking rice wine and eating sick animals after 19 people died and 170 fell ill in Kratie province over the past month. ...
Pech Sotheary
http://www.phnompenhpost.com/national/minister-encourages-food-safety-following-deaths
EU still the Kingdom’s best export destination
The European Union will continue to remain Cambodia’s biggest export recipient, mopping up $2.32 billion in shipments this year, with the US following a close second at $2.07 billion, according to Commerce Ministry estimates. ...
Sor Chandara
http://www.phnompenhpost.com/business/eu-still-kingdoms-best-export-destination
Regulator revokes 29 licences for web firms
Cambodia’s telecom regulator has de-recognised 29 internet and voice-over internet protocol (VOIP) providers in the Kingdom, for failing to provide documentation to prove their active status, according to an official from the Telecommunication Regulator of Cambodia (TRC). ...
Sor Chandara
http://www.phnompenhpost.com/business/regulator-revokes-29-licences-web-firms
MEF and USAID launch transparency initiative
USAID and the US Treasury Office Of Technical Assistance (OTA) have launched a joint initiative with the Ministry Of Economy and Finance (MEF) to improve fiscal transparency and accountability in the management Of public finances, according to a press release issued yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/mef-and-usaid-launch-transparency-initiative
Bad meat among goods seized
More than 200kg of old meatballs were seized by the government’s Camcontrol in a crackdown on goods past their use-by dates in Pailin on Wednesday, according to the Ministry of Commerce. ...
San Bunsim
http://www.khmertimeskh.com/news/27546/bad-meat-among-goods-seized/
Gov’t eyes data gaps to ensure stable foundation for construction industry
A survey of foreign direct investment by the National Bank of Cambodia due to be completed at the end of this month will help fill data gaps in the construction industry and could lead to new regulations in the property market that will pave the ...
Central bank takes breather as it reins in rural lenders
Cambodia’s central bank will temporarily suspend its eight-month campaign to bring informal moneylenders into its fold as it lacks the resources to review the mountain of registration applications it has received and needs time to tweak the licensing requirements, a National Bank of Cambodia (NBC) ...
Sor Chandara and Cheng Sokhorng
http://www.phnompenhpost.com/business/central-bank-takes-breather-it-reins-rural-lenders
Four women come home after being trafficked
Four women are on their way back to cambodia after being forced to work under brutal conditions in malaysia, the foreign ministry said yesterday. The four had fled their workplace and sought help from the cambodian embassy. ...
Srey Kumneth
http://www.khmertimeskh.com/news/17252/four-women-come-home-after-being-trafficked/
Tax revenue soars on vehicle, tobacco tariffs
Cambodia’s General Department of Taxation (GDT) collected $1.09 billion in taxes during the first 10 months of 2015, up 23.9 per cent compared to the same period a year earlier, according to a statement posted on its website. ...
Post Staff
http://www.phnompenhpost.com/business/tax-revenue-soars-vehicle-tobacco-tariffs
Gov’t to crack down on overdue road tax
The General Department of Taxation (GDT) will continue collecting the annual road tax on vehicles due at the end of last month until the end of the year, but will start cracking down on late payments on January 1, it announced. The taxes can be ...
Sok Chan
http://www.khmertimeskh.com/news/18434/gov---t-to-crack-down-on-overdue-road-tax/
Cambodia’s new casino bill faces likely delay: report
A bill to regulate the management of Cambodia’s casino industry could be approved by the country’s National Assembly (pictured) in the first quarter of 2016, reported the Khmer Times newspaper, quoting an official from the Ministry of Economy and Finance. ...
GGRAsia News Staff
http://www.ggrasia.com/cambodias-new-casino-bill-faces-likely-delay-report/
Halt ordered to diet aid’s sale
The Ministry of Heath on Monday ordered pharmacies to halt the sale of unapproved diet pill Mazeta Slim, a purportedly American drug that the ministry said actually likely originates in China. ...
Cheng Sokhorng and Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/halt-ordered-diet-aids-sale
Gov't figures show Cambodia's mobile internet usage continues to rise
The number of people in Cambodia accessing the Internet from their mobile devices increased by 1.3 million during a 10-month period last year, though the number of mobile phone subscribers increased by just over 4,500 during the same period, according to figures released last week by the ...
Joshua Wilwohl
http://www.forbes.com/sites/joshuawilwohl/2016/02/25/govt-figures-show-cambodias-mobile-internet-usage-continues-to-rise/#144870ea5fb7
Central bank pushes use of national currency on anniversary
The National Bank of Cambodia (NBC) marked the 36th anniversary of its reintroduction of the national currency on Sunday, using the event to continue its calls to boost use of the riel in a highly dollarized economy. ...
Kang Sothear
https://www.cambodiadaily.com/news/central-bank-pushes-use-of-national-currency-on-anniversary-110161/
Kingdom licenses first round of new factories
Forty new factories received permission to operate in Cambodia during the first three months of this year, while 54 factories have applied for licenses and 21 are currently undergoing renewal procedures, according to a report released yesterday by the Ministry of Industry and Handicraft. ...
Post Staff
http://www.phnompenhpost.com/business/kingdom-licenses-first-round-new-factories
Profit-tax revenue leads first half surge
Cambodia’s tax department collected $829 million in tax revenue during the first half of the year, 18 per cent more than during the same period a year earlier, led by surge in profit-tax revenue, according to government data released late on Tuesday. ...