Hun Sen announces broad cuts of petty taxes
The country’s lower class will receive a series of tax breaks starting in 2016, Prime Minister Hun sen announced Thursday, with tariffs on motorbikes, tuk-tuks and farm machinery to be waived, along with fees at stalls in state-owned markets.striking a populist tone during the inauguration ss='cambodia-color'>...
Kang Sothear
https://www.cambodiadaily.com/news/hun-sen-announces-broad-cuts-of-petty-taxes-98057/
Facebook threat case is moved to court
Nearly two years after an Interior Ministry official was first accused of threatening to kill the deputy leader of the Cambodia National Rescue Party, police have finally transferred the case to the Phnom Penh Municipal Court, officials have told the Post.In December 2013, Pheng Vannak, ss='cambodia-color'>...
Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/facebook-threat-case-moved-court
Rice loans to be disbursed soon
Cambodia’s beleaguered rice millers can now breathe a sigh of relief after a tumultuous three months in what seemed to be government ineptitude in disbursing an emergency loan of $30 million to prevent them from becoming insolvent. In June, the Cambodia Rice Federation (CRF) announced that ss='cambodia-color'>...
Chea Vannak
http://www.khmertimeskh.com/news/29421/rice-loans-to-be-disbursed-soon/
Phone retailers ordered to pay tax on inventories
Following raids on phone shops selling grey-market devices last week, the government is giving retailers a two-week window to declare their stock of mobile phone handsets and pay the relevant taxes or face hefty fines.Many of the capital’s vendors have already received a notice from ss='cambodia-color'>...
Cheng Sokhorng
http://www.phnompenhpost.com/business/phone-retailers-ordered-pay-tax-inventories
Top of the class – the minister who rebuilds systems
After almost 15 years working at various economic-related agencies, primarily the ministry of economy and finance, H.E. Hang Chuon Naron has been at the forefront of transforming Cambodia’s broken economy into one that is more open and competitive. since 2013 he has been minister of ss='cambodia-color'>...
May Kunmakara
http://www.khmertimeskh.com/news/20804/top-of-the-class-----the-minister-who-rebuilds-systems/
JICA moots city transit system
The Japan International Cooperation Agency (JICA) is helping Cambodia conduct a feasibility study on an automated gateway transit system (AGT) to overcome Phnom Penh’s daily gridlock, caused by traffic congestion, during peak hours. Hideaki Wase, an urban transportation advisor in JICA, told Khmer Times yesterday that ss='cambodia-color'>...
May Kunmakara
http://www.khmertimeskh.com/news/28026/jica-moots-city-transit-system/
Plan to certify organic quality
GIZ Cambodia, a branch of Germany’s international development agency, signed an agreement yesterday with local organic food retailer Khmer Organic Cooperative to provide technical support to develop organic vegetable production and to assist the firm in obtaining certification for its products. The agreement calls for the ss='cambodia-color'>...
Hor Kimsay
http://www.phnompenhpost.com/business/plan-certify-organic-quality
Gov’t studies new tree species
The Ministry of Environment signed a memorandum of understanding (MoU) yesterday with two Chinese companies to study planting “Paulownia-Guotong” – an extremely fast-growing tree used to make furniture and wooden equipment – and practice growing it in Cambodia. speaking at a workshop on a feasibility ss='cambodia-color'>...
Ven Rathavong
http://www.khmertimeskh.com/news/30205/gov---t-studies-new-tree-species/
Government mulls using rivers for transport
Phnom Penh residents may soon be able to travel to select provinces via boat as the government has pledged to build a waterways public transit system to reduce traffic congestion in the city. Public Works and Transports Minister sun Chanthol said yesterday during the ministry’s annual ss='cambodia-color'>...
Sok Chan
http://www.khmertimeskh.com/news/33722/government-mulls-using-rivers-for-transport/
Government plugs rubber switch
The government is seeking intrepid smallholder farmers to pilot a project that would transform 6,000 hectares of cropland in two provinces into a patchwork of small rubber plantations.The Ministry of Agriculture is eyeing 5,000 hectares of land in Ratanakkiri and 1,000 hectares in Battambang for ss='cambodia-color'>...
Cheng Sokhorng
http://www.phnompenhpost.com/business/government-plugs-rubber-switch
Will move to cap microfinance interest rates backfire on CPP?
The ruling CPP doubled down on Tuesday on its decision to cap interest rates on microfinance loans as a way to help the poor get out of debt, even as analysts called it a political move that would have long-term negative effects on the rural ss='cambodia-color'>...
Hang Sokunthea and Matt Surrusco
https://www.cambodiadaily.com/news/will-move-to-cap-microfinance-interest-rates-backfire-on-cpp-126564/
Ballot recounts narrowly swing two communes to CNRP
Ballot recounts on Wednesday secured the opposition CNRP two more commune wins—one each in Battambang and Kompong Thom provinces—a day after the first of 40 contested communes in the June 4 local elections swung to the CPP. Nguon Kolboth, a CPP representative who was at ss='cambodia-color'>...
Ben Sokhean
https://www.cambodiadaily.com/news/ballot-recounts-narrowly-swing-two-communes-to-cnrp-131359/
Rainsy officially launches Cambodia National Rescue Movement, lays out five-point plan
Yesterday, Rainsy said the new Cambodia National Rescue Movement had a five-part plan, starting with appealing to the international community to take action. The next step is to work with “economic” partners to put financial pressure on the government.Next, Rainsy said the movement will encourage ss='cambodia-color'>...
Niem Chheng and Andrew Nachemson
https://www.phnompenhpost.com/national-politics/rainsy-officially-launches-cambodia-national-rescue-movement-lays-out-five-point
Accounting and finance top job listings
Cambodia’s accounting and finance industries have seen the healthiest growth over the past three months, followed by jobs in sales, hospitality, management and marketing, according to the latest report by jobs website Everjob. More than 2,500 positions in the accounting and finance sectors were listed on ss='cambodia-color'>...
Sum Manet
http://www.khmertimeskh.com/news/30601/accounting-and-finance-top-job-listings/
Government, labor body cement ties
Because of improved working conditions in garment and footwear factories across the Kingdom, the government yesterday signed a memorandum of understanding (MoU) to continue implementing the Better Factories Cambodia (BFC) program for three more years. During a celebration commemorating the 15th anniversary of BFC, Labor Minister ss='cambodia-color'>...
Mom Kunthear
http://www.khmertimeskh.com/news/30981/government--labor-body-cement-ties/
Ending poverty a big issue
The public has spoken and among their top priorities for spearheading sustainable development in Cambodia are eradicating poverty, administering quality education and achieving peace and justice, according to a new survey published by NGO World Vision. The survey takes focus on 2030’s UN sustainable Development Goals ss='cambodia-color'>...
Safiya Charles
http://www.khmertimeskh.com/news/31539/ending-poverty-a-big-issue/
Government sticks to plan on power price cuts ahead of election
Officials appeared to walk back a promise to issue larger-than-average electricity price reductions ahead of July’s elections, instead following a previously announced plan to make small reductions in costs. Ty Norin, chairman of the Electricity Authority of Cambodia (EAC), released a statement earlier this month announcing ss='cambodia-color'>...
Hor Kimsay
http://www.phnompenhpost.com/business/government-sticks-plan-power-price-cuts-ahead-election
Watch TV while you drive
A new marketing strategy has reached Phnom Penh’s streets, enabling companies to introduce their products on a moving TV screen. New Color Communications, a company started by Kim seong Bomb, instals TV screens on the back of tuk-tuks that show a series of one-minute advertisement clips. ss='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012091958784/Business/tuk-tuk-tv-to-get-commercials.html
Companies aim to be socially minded
Four companies in Cambodia — EZECOM, Manulife Cambodia, Angkor Gold and Unilever — have demonstrated their commitment to corporate social responsibility this month by giving support to schools, a hospital and sustainable living. CsR Asia, the leading provider of information, training, research and consultancy services on ss='cambodia-color'>...
Japanese Investment in Cambodia Grows, but Hurdles Remain
Japanese Investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other southeast Asian nations. But experts warned this week that for sustained investment growth and to avoid driving Japanese companies to other attractive investment destinations such as Burma ss='cambodia-color'>...
http://www.cbre.com.kh/2012/11/japanese-investment-cambodia-grows-hurdles-remain/