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Cambodia new ministry on oil, gas

Cambodian lawmakers on Friday endorsed the setting up of a new ministry specifically in charge of mines and energy, in the hope that oil and gas production will finally get under way in the next couple of years. The new Ministry of Mines and Energy will ...

Bangkok Post News Staff
http://www.bangkokpost.com/business/news/386021/cambodia-sets-up-new-ministery-in-charge-of-oil-gas-production

New initiatives in Cambodia revolutionise payment options for tourists

Cambodia is set to expand its payment options for tourists by implementing blockchain-based central bank digital currency (CBDC) partnerships. This move is part of the country’s strategy to modernize its tourism sector, recognizing the significant role it plays in the Cambodian economy. ...

Khmer Times Staff
https://www.khmertimeskh.com/501405449/new-initiatives-in-cambodia-revolutionise-payment-options-for-tourists/

Factory boss tried for crumpling moon pic

The Kandal Provincial Court yesterday tried and convicted a Chinese factory supervisor for damaging a photograph of the moon in which the likeness of the late King Father Norodom Sihanouk is believed to have been seen. Judge Lim Sokuntha said the court had sentenced Leav Kuyseang, ...

http://www.phnompenhpost.com/index.php/2012102659426/National-news/factory-boss-tried-for-crumpling-moon-pic.html

Premier puts the brakes on driver IDs

The Ministry of Public Works and Transportation stopped issuing new driver’s licences yesterday on the heels of a pledge by Prime Minister Hun Sen to lower their cost. ...

Lay Samean
http://www.phnompenhpost.com/national/premier-puts-brakes-driver-ids

Business owners embrace new online registration system

The number of companies registered via the government’s new online business registration system was confirmed as 287 as of July 29, while 323 companies are pending approval, according to data from the Ministry of Economy and Finance (MEF). ...

Sok Chan
https://www.khmertimeskh.com/50751123/business-owners-embrace-new-online-registration-system/

Evictees abandon new land

About half the Koh Kong province villagers relocated to make way for a Union Development Group resort project have abandoned the new homes provided for them, citing poor conditions and an inconvenient location, a village representative said yesterday. More than 1,000 families living in the province’s ...

Phak Seangly
http://www.phnompenhpost.com/national/evictees-abandon-new-land

Ministry changes its name, scope of operations

The Council of Ministers has agreed to change the name of the Ministry of Industry and Handicraft to the Ministry of Science, Technology and Innovation. The approval follows a request from Minister of Industry and Handicraft Cham Prasidh. Council of Ministers secretary of state Khoy Khun ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/ministry-changes-its-name-scope-operations

Cambodia approves nine new investment projects with a capital of more than $43 million

The Council for the Development of Cambodia (CDC) on January 12, 2022 announced nine new investment projects that have been approved. The nine investment projects have a capital of more than $43 million and can create jobs for more than 10,000 people. ...

Khmer Times Staff
https://www.khmertimeskh.com/501006166/cambodia-approves-nine-new-investment-projects-with-a-capital-of-more-than-43-million/

Cambodia approves 5 new factories worth over $50mn

Five companies have been granted investment plan registration certificates by the Cambodian Investment Board (CIB), part of the Council for the Development of Cambodia (CDC). These firms, are mainly involved in textiles and garments and plan to set up factories across the country, investing around ...

Khmer Times Staff
https://www.khmertimeskh.com/501323430/cambodia-approves-5-new-factories-worth-over-50mn/

March for the Environment Halted by Police

Some 400 students, monks and activists were stopped from a peaceful march for Environmental Day on Thursday, as they sought to deliver petitions to the Ministry of Environment and other institutions calling for an end to deforestation. Cambodia’s forests provide many services to the rural poor, ...

Suy Heimkhemra
http://www.voacambodia.com/content/march-for-the-environment-halted-by-police/1930290.html

New Online Service Launched to Smooth Tax Payment

In a bid to ease the collection of the recently introduced tax on properties worth more than $25,000, The Ministry of Finance has launched an online service to help people get the forms they need to pay the tax. In a statement released last week, the ministry said ...

A new garment factory project approved by CDC

The Council for the Development of Cambodia (CDC) has granted green light to a new investment project proposed by Textstar Garment (Cambodia) Co., Ltd. ...

Khmer Times Staff
https://www.khmertimeskh.com/501198038/a-new-garment-factory-project-approved-by-cdc/

Tax cuts promised for SMEs that register with GDT

In order to bring more businesses into the regulatory fold, the government has promised attractive new incentives for companies that register before December, including a two-year break on tax revenue. ...

Sok Chan
https://www.khmertimeskh.com/50487285/tax-cuts-promised-for-smes-that-register-with-gdt/

Minister warns unions

Labour Minister Ith Samheng has warned that any registered unions that remain inactive would be dissolved, while at the same time welcoming new unions as long as they respected the law. ...

Mom Kunthear
http://www.khmertimeskh.com/5099640/minister-warns-unions/

Going home to vote? Expect a hike in travel prices

Voters who travel to cast ballots in the upcoming poll Sunday could face higher transportation fees as drivers and companies try to capitalise on heavier passenger volume. Phan Na, general manager at Phnom Penh Sorya Transportation, which sells bus tickets to several provinces, said fees could ...

http://www.phnompenhpost.com/business/going-home-vote-expect-hike-travel-prices

Phone card survey latest online scam

The Ministry of Interior’s department of information technology called on social media users to be cautious online and maintain their vigilance against a new scam by fraudsters who claim they will provide people with a 50,000 riel in phone card from H&M if they answer ...

Long Kimmarita
https://www.phnompenhpost.com/national/phone-card-survey-latest-online-scam

Fake docs earn former official 3 years

The Phnom Penh Municipal Court yesterday sentenced a former consular official with the Foreign Ministry to three years in prison for signing false government documents to facilitate the sale of millions of dollars’ worth of luxury timber to Vietnam when he was stationed in Ho ...

Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/fake-docs-earn-former-official-3-years

Judicial reshuffle: Top judiciary posts filled by Sihamoni

King Norodom Sihamoni yesterday shook up the composition of the Supreme Council of the Magistracy, officially instituting seven new members to the body overseeing the nation’s judiciary, while also disbarring one former prosecutor.​ ...

Chhay Channyda
http://www.phnompenhpost.com/national/judicial-reshuffle-top-judiciary-posts-filled-sihamoni

Ministry: SMEs vital to economy, but 95% not registered

Small and Medium Enterprises (SMEs) are key factors in the Kingdom’s industrial sector growth, but around 95 per cent of Cambodia’s SMEs have not been properly registered, the Ministry of Industry and Handicraft said on Friday. ...

Hin Pisei
https://www.phnompenhpost.com/business/ministry-smes-vital-economy-95-not-registered

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