Gambling on change
The Cambodian government is drafting a series of changes to the Kingdom’s gaming laws in a bid to draw major players from Macau and the US to the market and potentially create a new tax base from the growing, if currently illegal, online betting industry, ...
Eddie Morton
http://www.phnompenhpost.com/business/gambling-change
Groups launch initiative to improve sanitation
The United States Agency for International Development, the Stone Family Foundation, and iDE Cambodia, supported by Social Finance, yesterday launched a $10 million initiative to develop market-based solutions for sanitation in six provinces. ...
Pech Sotheary
https://www.khmertimeskh.com/50661317/groups-launch-initiative-to-improve-sanitation/
UN urges Cambodia to hold companies to account over land disputes
Companies that have seized land, confiscated livestock and destroyed homes and property have gone unpunished, the UN special rapporteur for Cambodia has said. Surya Subedi, professor of international law at Leeds University, said all the communities he had met raised the issue of misconduct by ...
http://www.guardian.co.uk/global-development/2012/may/14/un-cambodia-companies-land-disputes
Micro-lender Plans to Become Commercial Bank
Amret, one of the largest micro-finance institutions (MFIs) in the country, has announced that it is making plans to raise the capital required to become a full commercial bank by 2015, an official at the institution said yesterday. Chea Phalarin, CEO of Amret, said the decision to expand ...
New international airport on table as PPIA expansion plans halted
A senior government minister yesterday announced a halt to plans to expand the Phnom Penh International Airport, and instead revived talk of a new airport altogether, mentioning plans to identify a location 30 to 40 kilometres outside the city in hopes of completing the new ...
Pech Sotheary
http://www.phnompenhpost.com/national/new-international-airport-table-ppia-expansion-plans-halted
Cambodia Factories Grapple With Issue of Underage Workers
SIHANOUKVILLE, Cambodia—In this quiet beach town, Lim Loeung says she spends up to 80 hours a week gluing soles onto shoes at a factory that does work for companies including Japanese sneaker-maker Asics Corp. 7936.TO +0.95% The factory believes Ms. Lim is at least 18 ...
Kate O' Keeffe
http://online.wsj.com/news/articles/SB10001424052702303799404579287353595133592
Capital’s income levels set to soar
Phnom Penh’s median household income could swell to surpass the projected level of Bangkok within 15 years if the city’s rapid urbanisation is properly managed through effective policymaking and adequate city planning, according to a new study. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/capitals-income-levels-set-soar
Cambodia, Vietnam to fight financial crimes
The National Bank of Cambodia this week signed a Memorandum of Under-standing with the State Bank of Vietnam that would allow for the exchange of information to fight money laundering and terrorism financing. The MoU, signed by NBC Governor Chea Chanto and SBV Governor Nguyen Van ...
Ministry to push quality control
The Ministry of Industry and Handicrafts (MIH) has started a laboratory and a department to check on the quality and safety of local products to be exported, state news agency AKP reported yesterday. ...
Sum Manet
http://www.khmertimeskh.com/news/37270/ministry-to-push-quality-control/
Troops rallied for PM
A day after a bipartisan election reform committee put the neutrality of proposed areas of reform, Defence Minister Tea Banh reiterated that the armed forced would not tolerate opposition supporters calling for Hun Sen to step down. ...
Vong Sokheng, P.2
http://phnompenhpost.com
IMF Calls on Cambodia to Broaden Tax Base
.Cambodian government must rise its tax revenue intake if it to stay on a sustainable path toward development, International Monetary Fund officials have said. Although Cambodia is experiencing increased growth in trade and investment, the country should broaden its tax base to create sustainable revenue collection, a ...
Inflation rose by 1.8 per cent in January
Inflation in the Kingdom increased by 1.8 per cent in January compared with the same period the year before. Higher costs for food and fuel were the main drivers, official data from the National Institute of Statistics (NIS) show. Khin Song, deputy director general of the ...
http://www.phnompenhpost.com/2013032264619/Business/inflation-rose-by-1-8-per-cent-in-january.html
Mekong residents voice their concerns
Residents living in the Mekong River basin are expressing concerns over water degradation in the Mekong river and its impact on farming, aquaculture and the livelihood of the millions of people who live in the region. People from Cambodia, Thailand and Viet Nam’s Cuu Long (Mekong) ...
http://vietnamnews.vn/society/242941/mekong-residents-voice-their-concerns.html
PM Hun Sen ushers in new dam
Prime Minister Hun Sen on Saturday inaugurated the third in a string of six Chinese-funded hydropower dam projects, offering lavish praise for the superpower as he officially opened the $47 million Kirirom 3 dam in Koh Kong. “I am really pleased for the new ...
http://www.phnompenhpost.com/2013022561590/National/pm-hun-sen-ushers-in-new-dam.html
Gov’t pushes census to 2019
The 2018 national population census will be pushed back a year in order to focus on the 2018 national elections, the government announced on Friday. According to article 6 of the Statistics Law, the census must be conducted at least once every 10 years, with the ...
Taing Vida
http://www.khmertimeskh.com/news/30167/gov---t-pushes-census-to-2019/
Agriculture scholarships to help nurture local talent
A new agriculture scholarship and research grant were launched yesterday with the aim of nurturing local expertise by providing students opportunities to pursue graduate degrees and conduct research. ...
Chea Vannak
http://www.khmertimeskh.com/5086816/agriculture-scholarships-help-nurture-local-talent/
Hun Sen Asks Businesses to Serve Local Foods
Prime Minister Hun Sen yesterday reiterated comments made by government officials Tuesday that government institutions, hotels and restaurants should begin serving local cuisine and produce to generate more cash flow in the tourism sector. ...
Villagers’ Farmland Privatized for Military Use
3,800 hectares of forest in Oddor Meanchey province have been privatized for use by the Royal Cambodian Armed Forces (RCAF). Families are facing eviction and the loss of their land after the seizures though some of the land was originally designated state public property. The ...
Report Says More Than 10 Percent of Children Are ‘Laborers’
More than 10 percent of children in the country aged between 5 and 17 work as laborers, with more than 5 percent engaged in “hazardous labor,” a situation that must be addressed by the government, the International Labor Organization (ILO) said in a report released ...
Colin Meyn
http://www.cambodiadaily.com/news/report-says-more-than-10-percent-of-children-are-laborers-48198/
Concessions Not for Logging, Hun Sen Says
Prime Minister Hun Sen yesterday told senior officials to stop investors from using land concessions as a pretext for logging and to discuss the possibility of reducing the amount of time such concessions can last. The government placed a moratorium on logging concessions in 2002 to ...