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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.    ...

Joint CCC-Matrade agreements

The Cambodia Chamber of Commerce (CCC) will for the first time sign bilateral cooperation agreements with Malaysia’s External Trade Development Corporation (Matrade) to pave the way for businesses in both countries to carry out matching activities, like events and expositions. ...

Sok Chan
http://www.khmertimeskh.com/news/27631/joint-ccc-matrade-agreements/

Casinos rake in $2 billion

Cambodia’s casino industry generates close to $2 billion in revenue a year and accounts for nearly 40 per cent of the Kingdom’s tourism revenue, a central bank official said yesterday.Chea Serey, director-general of the National Bank of Cambodia, told a workshop on statistics in international ...

Sor Chandara
http://www.phnompenhpost.com/business/casinos-rake-2-billion

Socio-economic survey shows Cambodia’s balanced sex ratio

The Cambodia Socio-Economic Survey 2014 has revealed the balanced sex ratio in the country, according to the state news agency-AKP. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/socio-economic-survey-shows-cambodia%E2%80%99s-balanced-sex-ratio-9023

SIM card registration drive stalling

One month after the government announced a crackdown on unregistered mobile phone lines, retailers are still selling SIM cards without the required identification documents, and the major telecom companies have done little to curtail the practice.​ In a joint press conference on September 22, officials ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/sim-card-registration-drive-stalling

Insurance premiums swell on new business growth

The growth of new enterprises across many different sectors in Cambodia is driving the rapid growth of insurance premiums and policy holders, the head of the Kingdom’s insurance industry body said yesterday. ...

Ayanna Runcie
http://www.phnompenhpost.com/business/insurance-premiums-swell-new-business-growth

Private companies warned on beach access

The government has vowed to crack down on coastal hotels and resorts that have restricted public access to beaches or constructed illegal encroachments within 50 metres of the shoreline.Tourism Minister Thong Khon warned yesterday that his ministry will give private companies a deadline to remove ...

Sor Chandara
http://www.phnompenhpost.com/business/private-companies-warned-beach-access

Justice Minister delays exam for judge students after ACU refuses to send observers

The minister for Ministry of Justice Ang Vongvattana ordered today to the Royal Academy of Judicial Professions to delay holding an exam for batch 7thof judicial students aiming to ensure transparent and justice. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/justice-minister-delays-exam-for-judge-students-after-acu-refuses-to-send-observers-9085

Firm registry moves online

Local and foreign firms looking to register their business in Cambodia can now do it from any internet-connected device after the Ministry of Commerce yesterday launched its long-awaited online business registration portal.The new, paperless system enables prospective businesses to search for a company name, upload ...

Ananth Baliga
http://www.phnompenhpost.com/business/firm-registry-moves-online

Tax revenues grow state coffers by $1.3B

Revenue from tax collection jumped 25 per cent in 2015, government officials revealed yesterday, saying the tax department has collected about $1.3 billion on the back of better compliance and awareness among the private sector.At a seminar in Phnom Penh, Kong Vibol, director of the ...

Sor Chandara
http://www.phnompenhpost.com/business/tax-revenues-grow-state-coffers-13b

Police urged to stop covering up crimes

Cambodia’s National Police spokesman, speaking in a recent video, has urged police to stop hiding crimes from the public, lest they encounter unspecified “problems”.In the undated video, which surfaced on Facebook on Saturday, national police spokesman Kirth Chantharith can be seen speaking at a podium ...

Mech Dara
http://www.phnompenhpost.com/national/police-urged-stop-covering-crimes

Cambodia lags behind 2020 power target

Cambodia is lagging behind its target to achieve nationwide electrification by 2020, the head of the country’s electricity regulator warned Tuesday. ...

Prashanth Parameswaran
http://thediplomat.com/2016/01/cambodia-lags-behind-2020-power-target/

The Ministry of Health urged people bring their children to vaccinate

Ministry of Health of Cambodia announced that all guardians ought to bring children to vaccinate (Vaccine) preventing inflammation of the encephalitis, meningitis, hepatitis, polio, measles and rubella. The vaccine for infant is for free. ...

Sereymony
http://www.rfa.org/khmer/news/health/health-officers-urges-parents-to-bring-children-for-vaccines-02062016075242.html

Man killed in first lightning fatality of the year

Pailin province’s first thunderstorm of 2016 claimed a victim on Friday afternoon when two farmers were struck by lightning while returning home from their fields. ...

Mom Kunthear and Jonathan Cox
http://www.khmertimeskh.com/news/22697/man-killed-in-first-lightning-fatality-of-the-year/

Mobile operators given new deadline to register SIM cards

Telecom companies have been given another extension to register all the SIM cards belonging to their subscribers after the three main mobile operators requested more time. ...

May Kunmakara
http://www.khmertimeskh.com/news/22861/mobile-operators-given-new-deadline-to-register-sim-cards/

Garment sector grows another 13 pct: report

Cambodia’s garment and footwear exports grew by 13 per cent year-on-year in the first quarter of 2016, Chinese news agency Xinhua said on Monday, citing a report by the Ministry of Industry and Handicraft. ...

Post Staff
http://www.phnompenhpost.com/business/garment-sector-grows-another-13-pct-report

Factories create 12,000 new first-quarter jobs

Forty factories were registered during the first three months of the year, creating over 12,000 jobs, according to new data by the Ministry of Industry and Handicraft. ...

Post Staff
http://www.phnompenhpost.com/business/factories-create-12000-new-first-quarter-jobs

Vietnam to host annual trade fair in October

Vietnam will host its seventh annual trade fair in Cambodia during the second week of October of this year, the Department of Economics in the Vietnam Ministry of National Defense (MOD) announced in Ho Chi Minh City last week.   ...

Post Staff
http://www.phnompenhpost.com/business/vietnam-host-annual-trade-fair-october

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