MoC says registration online will boost rank
Commerce Minister Sun Chanthol said yesterday that his ministry was initiating reforms that would see Cambodia’s ease of starting a business ranking leap from the current 184 to 21. He said the government would also need to make changes to the Company Registration Law, reduce ...
Ananth Baliga
http://www.phnompenhpost.com/moc-says-registration-online-will-boost-rank
New gas safety rules
As part of a new safety initiative, the Ministry of Mines and Energy will require all petrol station owners to present a certificate acknowledging that their businesses follow risk-prevention protocols. The directive came in response to a series of petrol fires and explosions that damaged property ...
Pech Sotheary
http://www.phnompenhpost.com/new-gas-safety-rules
Casino bill likely this year
The National Assembly will likely approve a casino-management bill before the end of the year, which is aimed at doubling gambling revenues and bringing the industry on par with international standards, said a senior official from the Ministry of Economy and Finance. Ros Phearun, deputy director ...
May Kunmakara
http://www.phnompenhpost.com/business/casino-bill-likely-year
Poisioning is result of ‘bad prep’
Lab results have revealed that an outbreak of food poisoning that left hundreds hospitalised in Siem Reap province last week was caused by bacteria likely passed on through unhygienic food preparation, an official said yesterday. ...
Alice Cuddy and Pech Sotheary
http://www.phnompenhpost.com/national/poisioning-result-bad-prep
GDT threatens to publicly shame late payers
The Tax Department has threatened to publicly name companies that have not paid their outstanding dues by the end of the month. In an announcement posted on its website and in local media on Tuesday, the General Department of Taxation called on all company directors with ...
May Kunmakara and Daniel de Carteret
http://www.phnompenhpost.com/business/gdt-threatens-publicly-shame-late-payers
Inflation down as global oil prices ease off
Cambodia experienced low inflation of around 1 per cent over the last three months thanks to a decline in oil prices, according to the latest data from the National Institute of statistics. Inflation went from 0.8 per cent in January to 1.2 per cent in February, ...
May Kunmakara
http://www.phnompenhpost.com/business/inflation-down-global-oil-prices-ease
Lack of competition lets Ministry of Mines and Energy set sand price cap
After almost a month, the Ministry of Mines and Energy has officially announced the four companies that have been granted sand dredging licenses this past Tuesday. When the ministry notified the companies who won the bidding for one of four available licenses, it also gave them ...
Language expert warns against "foreignization" under globalization
As Cambodia seeks greater integration with regional and global economies, a language expert warns against overreliance on foreign identity and language. Chan Virak, a doctorate student in culture, literacy and language at the University of Texas at San Antonio, says Cambodia should invest in its own ...
Sophat Soeung
http://www.voacambodia.com/content/language-expert-warns-against-loss-of-identity-under-globalization/2834297.html
Cambodia's tax revenue up 38.5 pct in first half of 2015
The Cambodia’s General Department of Taxation (GDT) reported Monday that it collected 707 million U.S. dollars in taxes during the first six months of this year, up 38.5 percent over the same period last year. ...
Xinhua team
http://www.khmertimeskh.com/news/12961/cambodia-s-tax-revenue-up-38-5-pct-in-first-half-of-2015/
73 generals granted new ranks, jobs
A mass promotion announced by the Interior Ministry yesterday saw more than 80 senior police officials upgraded, including seven to three-star general status, as well as the appointment of seven new under-secretaries of state. ...
Vong Sokheng
http://www.phnompenhpost.com/national/73-generals-granted-new-ranks-jobs
Banned chemical found in seafood
The Ministry of Commerce’s Camcontrol Department found yesterday that part of the more than 300 kilograms of “suspicious” dried squid, stingray and shrimp confiscated in Kampot on Sunday had extremely high levels of a chemical substance banned in Cambodia. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/banned-chemical-found-seafood
China brides return to Cambodia after 2 years
Two more Cambodian women who were allegedly cheated by human traffickers into marrying Chinese men returned home yesterday. ...
Sen David
http://www.phnompenhpost.com/national/china-brides-return-cambodia-after-2-years
Warning for illegal MFIs
The governor of the National Bank of Cambodia hit out at unlicensed microfinance institutions or lenders, who he said were the reason why interest rates in the sector were high, despite interest rates falling among registered lenders. ...
May Kunmakara
http://www.phnompenhpost.com/business/warning-illegal-mfis
Rescued bride tally nears 50
Cambodian authorities have rescued 48 Cambodian women cheated into marrying Chinese men since the start of 2015, the Foreign Ministry announced yesterday. ...
Pech Sotheary
http://www.phnompenhpost.com/national/rescued-bride-tally-nears-50
Provinces tapped for appeal court project
Long-awaited regional appeal courts, intended to ease a logjam of pending cases caused by inmate transportation issues, will be unveiled in three provinces next year, Ministry of Justice officials said yesterday. ...
Chhay Channyda
http://www.phnompenhpost.com/national/provinces-tapped-appeal-court-project
Loan growth risks up for debate
Bank deposits and loans during the first half of this year grew significantly as compared with the same period in 2014, with loans alone increasing over 30 per cent, drawing mixed reactions from industry insiders on the risks of this rapid credit growth. ...
Ananth Baliga
http://www.phnompenhpost.com/business/loan-growth-risks-debate
Tourist arrivals in first half rise
Cambodia welcomed around 2.3 million people for the first half of this year, up 4.6 per cent compared to the same period last year, amid concerns from the tourism minister that the Kingdom may not reach its target of 5 million arrivals for 2015. ...
Sor Chandara
http://www.phnompenhpost.com/business/tourist-arrivals-first-half-rise
Locals voice concerns as dredging to restart
Locals in Kandal province’s Sa’ang district are worried that renewed sand dredging will damage their land as the Ministry of Mines and Energy gears up to hand out licences that will make the practice legal once more. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/locals-voice-concerns-dredging-restart
NBTC signs MoU with Cambodia regulator
The National Broadcasting and Telecommunications Commission (NBTC) has signed a memorandum of understanding with the Telecommunication Regulator of Cambodia. The deal involves information exchange and collaboration in many aspects. The move also aims to further strengthen ties between the telecom regulators. ...
The Nation News Staff
http://www.nationmultimedia.com/business/NBTC-SIGNS-MOU-WITH-CAMBODIA-REGULATOR-30267325.html
SMEs urged to register at Taxation Department
Cambodia’s small- and medium-size enterprises should formalise their accounts and register with the Taxation Department to avoid the risk of unpredictable tax collection in the future, industry insiders said at a tax seminar in Phnom Penh yesterday. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/smes-urged-register-taxation-department