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. ...

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, ...

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. ...

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 ...

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 ...

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. ...

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. ...

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 ...

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 ...

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 ...

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 ...

Cambodian and Chinese senior military officials on Monday vowed to deepen bilateral ties and cooperation for mutual benefits. The commitment was made during a meeting between Gen. Pol Saroeun, commander-in-chief of the Royal Cambodian Armed Forces ( RCAF), and Sun Jianguo, deputy chief of general staff ...

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. ...

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. ...

Japanese fund manager Asset Design plans to launch a Cambodian equities fund in late 2011. The fund would target large returns after the Kingdom opened its stock exchange this month, an Asset Design executive said yesterday. Asset Design expected the scale of the fund to ...

The Kingdom’s exports to Japan rebounded in the first half of the year, jumping from single-digit growth last year to 19 per cent, new figures from the Japanese External Trade Organization (Jetro) showed. During the first half of last year, Cambodian exports to Japan grew ...

The Ministry of Education is drafting two sub-decrees on private educational institutions aimed at improving regulation of the nation’s vast body of private schools. The sub-decree on Organization and Management of Private Schools and sub-decree on Categorization of Private Schools have been sent to a range ...

Three Thai banks – Siam Commercial Bank (SCB), TMB Bank (TMB) and Kiatnakin Bank (KKB) – together with Netherlands-based ING Bank have offered a syndicated loan of US$65 million (Bt2.2 billion) to PRASAC Microfinance Institution, the biggest microfinance provider in Cambodia. ...

Cambodia is ripe for money-laundering and terrorist financing activities due to rampant corruption, banking-sector secrecy and an overall lack of financial transparency, a governance institute says in a report released this week. The Switzerland-based Basel institute on Governance has ranked Cambodia the third “highest-risk” country out of 144 ...

The National Bank of Cambodia has asked financial institutions to implement flexible measures for borrowers who have been affected by flood, in a bid to ease the burden on financial flow and contribute to restoring families’ economic standards. ...