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LOLC Group acquires 60 pct stake in Cambodian Microfinance Company for USD 20.3 Mn

Sri Lanka’s Lanka Orix Leasing Company acquired a 60 percent stake in Thaneakea Phum Cambodia (TPC) a microfinance company in Cambodia, for 20.3 million US dollars, identifying the immense potential in emerging economies of the South East Asian region the company said in a media ...

Lanka Business Online News Staff
http://www.lankabusinessonline.com/news/lolc-group-acquires-60-pct-stake-in-cambodian-microfinance-company-for-usd-20.3-mn/1806143502

India pledges $50,000 to ECCC

The government of India announced yesterday that it will give $50,000 to the Extraordinary Chambers in the Court of Cambodia (ECCC), the tribunal tasked with the prosecution of the country’s former Khmer Rouge commanders. “On behalf of the ECCC we would like to express our gratitude ...

Safiya Charles
http://www.khmertimeskh.com/news/29660/india-pledges--50-000-to-eccc/

Pay taxes on time, GDT urges taxpayers

Taxpayers should ensure proper implementation and timely tax declaration to avoid interruptions on the last tax declaration day, the General Department of Taxation said, noting that it makes adjustments and is continuously developing information technology systems to make it easier for taxpayers. ...

Hin Pisei
https://www.phnompenhpost.com/business/pay-taxes-time-gdt-urges-taxpayers

Order called for national exams

The Ministry of Interior has called on the governors of Phnom Penh and the provinces to collaborate with the Ministry of Education, Youth and Sport and specialised institutions to ensure security, safety and order during this year’s Grade 12 national examinations on August 19-20. ...

Ry Sochan
https://www.phnompenhpost.com/national/order-called-national-exams

Ministry defends pro-CPP speech at university

The Education Ministry on Monday defended a pro-CPP speech delivered to some 1,500 students at a university in Phnom Penh on Sunday, reasoning that the school did not breach the ministry’s new directive against political activity at academic institutions because classes had finished for the ...

Aun Chhengpor
https://www.cambodiadaily.com/news/ministry-defends-pro-cpp-speech-at-university-93048/

Banks support NBC proposal

The Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) have expressed support for suggestions the National Bank of Cambodia (NBC) has given to financial institutions to reduce the impact of Covid-19 on the local economy. ...

May Kunmakara
https://www.phnompenhpost.com/business/banks-support-nbc-proposal

Nation’s banks adopt NBC’s COVID-19 crisis measures

As COVID-19 continues to carve out a path of economic destruction in the Kingdom, several financial institutions are considering re-classifying their loan-repayment structures to help relieve customers in fiscal trouble, in line with recent guidelines released by the National Bank of Cambodia. ...

Sok Chan
https://www.khmertimeskh.com/50712853/nations-banks-adopt-nbcs-covid-19-crisis-measures/

Villagers want compensation for Lower Sesan 2 Dam construction

A group of eight villagers from Stung Treng and Ratanakkiri provinces facing displacement by the construction of the Lower Sesan 2 dam lodged a petition Thursday with the Chinese Embassy and three ministries demanding that the developer negotiate with them. “The affected families have never been ...

Kuch Naren
http://www.cambodiadaily.com/news/villagers-want-compensation-for-lower-sesan-2-dam-construction-52244/

Government wants money for use of .kh suffix

The Telecommunication Regulator of Cambodia (TRC) on Wednesday issued a notice warning private companies and state institutions to pay their 2013 fees for using the country suffix .kh on their websites. “TRC would like to invite excellencies and okhnas that use websites with .kh to communicate ...

Hul Reaksmey
http://www.cambodiadaily.com/news/government-wants-money-for-use-of-kh-suffix-58322/

Announcement on the signing of the memorandum of understanding and agreement between the Ministry of Posts and Telecommunications, the Ministry of Environment and Higher Education Institutions

On 31 May 2023, the Ministry of Post and Telecommunication has posted an announcement on the signing of the memorandum of understanding and agreement between the Ministry of Posts and Telecommunications, the Ministry of Environment and Higher Education Institutions on their official social media site.According ...

Ministry of Post and Telecommunication

Download: pdf

Four More Named in Fertilizer Embezzlement Scandal

An official from Battambang province’s department of agriculture who was charged last Monday with embezzling $200,000 from the illegal sale of fertilizer donated to the poor by Japan has implicated four other officials in the case, including the son of senior CPP lawmaker Cheam Yeap, ...

Eang Mengleng
http://www.cambodiadaily.com/news/four-more-named-in-fertilizer-embezzlement-scandal-41913/

Phnom Penh launches pilot for services online

The Phnom Penh Municipal Administration has launched a pilot project offering online administrative services in four significant sectors. The initiative was announced on September 6 and will be conducted through the One Window Service office (OWSO). ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/phnom-penh-launches-pilot-services-online

CNRP Requests Migrant Worker Draft Agreement

The opposition CNRP has written to the embassies of Singapore and Malaysia requesting copies of draft agreements with the Cambodian government on sending migrant workers to the countries that they say they were not privy to. A Ministry of Labor official last month said the government ...

Alex Willemyns and Kuch Naren
http://www.cambodiadaily.com/news/cnrp-requests-migrant-worker-draft-agreement-48622/

Unions, GMAC at the table

Employer representatives and trade unions sat down across from each other for the first time yesterday for head-to-head negotiations over next year’s garment sector minimum wage, with factory owners reluctantly offering a small $2 increase to their earlier proposal of $144.20. ...

Lay Samean and Ananth Baliga
http://www.phnompenhpost.com/national/unions-gmac-table

Cambodia launches project to develop biomass-fuelled energy technologies

Cambodia’s Ministry of Industry, Mines and Energy on Thursday launched a four year project, aiming at promoting the development of biomass-fueled renewable energy generation technologies in industrial sector, officials said. The 5.6 million US dollar project will provide technical and partial financial support for the ...

http://www.globaltimes.cn/content/761510.shtml

Investment incentives mulled for agriculture

The Cambodia Chamber of Commerce (CCC) has requested that the government study consider offering additional tax exemptions to the agriculture sector, in order to support last year’s 2022-2030 agricultural policy. ...

Van Socheata
https://www.phnompenhpost.com/business/investment-incentives-mulled-agriculture

Announcement on the continuation of suspension of educational tourism vocational training institution and school, and evaluation center under the Ministry of Tourism in Phnom Penh, Kandal, and Sihanoukville

On 12 March 2021, the Ministry of Tourism released an announcement on the continuation of the suspension of educational tourism vocational training institutions and schools, and evaluation centers under the Ministry of Tourism in Phnom Penh, Kandal, and Sihanoukville to preventing the transmission of COVID-19 ...

Ministry of Tourism

Download: pdf

Land Concessions Now at 1.2 Million Hectares, Official Says

The total number of land concessions offered by the government to private agro-industrial firms hit 1.19 million hectares, or 13.5 percent of Cambodia’s total land mass, a senior official at the Ministry of Agriculture said yesterday. The government figure undermines figures released late last year ...

Minister declares Vietnam map issue resolved

Foreign Affairs Minister Hor Namhong has demanded an end to opposition politicking on the Vietnam border issue, following the second and “final” verification of maps used by the government to demarcate the eastern boundary against French charts.Namhong, also a deputy prime minister, yesterday presided over ...

Meas Sokchea
http://www.phnompenhpost.com/national/minister-declares-vietnam-map-issue-resolved

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