Businesses need help fighting corruption: CAMFEBA
Corruption is weighing on businesses, and the avenues to address it are limited, according to Cambodia’s leading employer association. At a joint conference with the International Labour Organization (ILO) and the Cambodian Federation of Employers (CAMFEBA) in Phnom Penh yesterday, the employer representative called on the ...
Daniel de Carteret
http://www.phnompenhpost.com/business/businesses-need-help-fighting-corruption-camfeba
Workers fired after strike
Two factories in the Manhattan Special Economic Zone (SEZ) in Svay Rieng province’s Bavet town have fired more than 40 workers since thousands-strong strikes ended early this month, unions say. Terminations at Best Way and Fico garment factories were bosses’ way of exacting revenge for the ...
Sen David
http://www.phnompenhpost.com/national/workers-fired-after-strike
Garments competitiveness ‘at risk’
Rising labour, transportation, logistics and electricity costs could potentially undermine the competitive advantage of Cambodia’s textile-linked industries, according to research conducted by a prominent local economist. ...
Hom Phanet
https://www.phnompenhpost.com/business/garments-competitiveness-risk
Ministry scolds South Korean firm
Sun Chanthol, senior minister and minister of Public Works and Transport, met with the president of Dansan Consultants on Friday to talk about the lack of safety signs on a construction site on National Road 21 that allegedly caused two deaths in a traffic accident. ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/28162/ministry-scolds-south-korean-firm/
For Agricultural Investors, an Abundance of Risks
As wealthy Gulf states look to meet their food needs by investing in agriculture projects abroad, Cambodia-with its underutilized land and attractive foreign investment policies-makes a nearly perfect investment destination. But endemic corruption, land conflicts, a badly implemented economic land concession program, and an unreliable judiciary could ...
$20M collected as deadline looms for right-hand-drive tax payments
The General Department of Customs and Excise of Cambodia (GDCE) has collected $19.73 million in levies on previously-untaxed right-hand-drive (RHD) vehicles in the 90 days to October 4, in Phase II of its campaign to get owners of such vehicles to comply with their tax ...
Hin Pisei
https://www.phnompenhpost.com/business/20m-collected-deadline-looms-right-hand-drive-tax-payments
Women’s affairs ministry urges end to ‘misogynistic language’
The Ministry of Women’s Affairs expressed its dismay regarding the use of inappropriate and immoral language on social media by a small number of individuals. It considered these acts as having damaged the honour and dignity of Cambodian women as well as being detrimental to ...
Long Kimmarita
https://www.phnompenhpost.com/national/womens-affairs-ministry-urges-end-misogynistic-language
Non-taxpayers targeted
The government will not increase the rate for income tax and other taxes for the next two years, but will instead concentrate on expanding the base for tax collection, taking into account that there are still many individuals and businesses that do not pay tax ...
Sok Chan
http://www.khmertimeskh.com/news/30034/non-taxpayers-targeted/
Bavet SEZ unequipped to treat its wastewater: ministry
The Ministry of Environment said yesterday that a recently constructed water-treatment facility at the Manhattan Special Economic Zone in Svay Rieng is unable to deal with most of the polluted water generated by factories at the site, and that 70 per cent was being dumped ...
Kong Meta
http://www.phnompenhpost.com/national/bavet-sez-unequipped-treat-its-wastewater-ministry
Press release on the Signing of Memorandum of Understanding (MoU) between the Ministry of Post and Telecommunications and Microsoft Asian Headquarters
On 17 March 2021, the Ministry of Post and Telecommunications issued a press release on the Signing of Memorandum of Understanding (MoU) between the Ministry of Post and Telecommunications and Microsoft Asian Headquarters which aims to promote the digital transformation through cooperation on technically human ...
Ministry of Post and telecommunications
Asia-Pacific growth poised to quicken with Chinese economy at faster pace
Developing economies in Asia and the Pacific this year are projected to see better performances than in 2022 as the continued easing of pandemic restrictions boosts consumption, tourism and investment, the Asian Development Bank (ADB) has said, highlighting “China’s reopening is the main factor brightening ...
Khmer Times Staff
https://www.khmertimeskh.com/501322842/asia-pacific-growth-poised-to-quicken-with-chinese-economy-at-faster-pace/
ASEAN ministers to discuss progress in economic integration
Economic ministers from the 10 ASEAN countries are meeting in Siem Reap, Cambodia on Monday to discuss the progress in regional economic integration initiatives. They will also focus on working towards establishing an ASEAN Economic Community by 2015.. ...
http://news.xin.msn.com/en/singapore/asean-ministers-to-discuss-progress-in-economic-integration
Global financial crisis threatens progress of least developed countries - UN report
The ongoing financial crisis and weak global economic growth have hampered development in the world’s poorest nations, a U.N. report has warned, adding that half of the world’s least developed countries now risked missing their development goals. The Enabling the Graduation of LDCs report, produced ...
http://app.com.pk/en_/index.php?option=com_content&task=view&id=209427&Itemid=2
Observers: Cambodia election was free and fair
Representatives of election observers from six countries and leaders of the National Election Committee (NEC) claimed that Sunday’s national elections were free, fair and transparent. They also congratulated the 82 per cent of registered voters who turned up at the polls. The statements were made ...
Mech Dara and Kong Meta
https://www.phnompenhpost.com/national/observers-cambodia-election-was-free-and-fair
Gov’t orders halt to Koh Pich expansion
The owner and developer of Koh Pich in Phnom Penh has been ordered by the government to scale back its expansion of the island, according to the Ministry of Water Resources and Meteorology. According to a statement posted to the ministry’s website on Wednesday, the Overseas ...
Mech Dara
http://www.cambodiadaily.com/news/govt-orders-halt-to-koh-pich-expansion-60029/
Rice competitiveness a worry
The executive committee of the Cambodia Rice Federation (CRF) will meet with two ministries today to explore the possibility of reducing the logistical and energy costs of transporting rice, a key factor to keeping Cambodian rice exports competitive compared to neighbouring countries, a CRF official ...
Chan Muyhong
http://www.phnompenhpost.com/business/rice-competitiveness-worry
Rules passed for derivatives
Cambodia has moved to formalise its ill-regulated derivatives sector by launching a key regulation earlier this month.On July 2, the Securities and Exchange Commission of Cambodia (SECC) approved the prakas on the “Licensing and Supervision of Derivative Trading”. ...
May Kunmakara
http://www.phnompenhpost.com/business/rules-passed-derivatives
Project set to develop franchising
The University of Sydney Business School has launched a research project in an effort to identify barriers to franchising in Southeast Asia, including Cambodia, and to develop a strategy to boost the sector’s growth in the region. The two-year project, funded by AusAID, targets structural, regulatory, ...
http://www.phnompenhpost.com/2013020861250/Business/project-set-to-develop-franchising.html
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
Push to increase education, training
A senior government official has urged the Ministry of Education, Youth and Sport to help children – both those who have never attended school as well as dropouts – get an education or receive training to improve their job prospects and income. ...
Pech Sotheary
http://www.khmertimeskh.com/news/36747/push-to-increase-education--training/