Police chief abuses power, commune chief says
More than 200 villagers living on the fringe of a giant hydropower project in Stung Treng province are lobbying for their commune’s police chief to be removed, alleging that he habitually confiscates illegally logged wood from villagers on behalf of powerful business interests. ...
Aun Pheap
https://www.cambodiadaily.com/news/police-chief-abuses-power-commune-chief-says-100217/
GDT’s hands tied on sign fees
The tax authority yesterday refuted local media claims that it had endorsed a private sector call to end Phnom Penh City Hall’s taxation of billboards and commercial signage throughout the capital, which advocates have said imposes an onerous levy on local businesses. ...
Hor Kimsay
http://www.phnompenhpost.com/business/gdts-hands-tied-sign-fees
High feed costs driving people away from snakehead farming
One year after lifting a decade-old ban on snakehead fish farming, the number of aquatic farms growing the fish remains surprisingly low, with the high cost of feeding them driving many away from what could otherwise be a very lucrative business. ...
Chea Vannak
http://www.khmertimeskh.com/5088049/high-feed-costs-driving-people-away-snakehead-farming/
Kingdom’s startups stuck in the middle with no capital
Despite Cambodia having a vibrant startup scene with entrepreneurs launching ventures on a near daily basis, businesses trying to tap into financial resources for growth have difficulty accessing capital and are stuck in the unbankable “missing middle”, according to a recent study. ...
Robin Spiess
http://www.phnompenhpost.com/business/kingdoms-startups-stuck-middle-no-capital
Fresh Mart to become retail fresh food hub
Cambodia-based integrated food-distribution company Hun Ty plans to open its own retail fresh-food market next month and will increase its cold storage and food-distribution business by opening two additional locations in the Kingdom, a company executive said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/fresh-mart-become-retail-fresh-food-hub
Thai trade meeting to take place next week
Taking place on the 21 and 22 on this month, the JTC meeting will focus on bilateral trade promotion. On the sidelines of the meeting, investors from both countries will participate in business matching events to enhance trade ties between the two countries. ...
Sok Chan
http://www.khmertimeskh.com/50108940/thai-trade-meeting-to-take-place-next-week/
Correspondent banking in retreat, but growing in Asia
While financial inclusion is a top priority for emerging economies, new research suggests more stringent enforcement of anti-money regulations in recent years has resulted in major Western banks disconnecting from these regions, leaving local businesses without access to the international financial system. ...
Cam McGrath
http://www.phnompenhpost.com/business/correspondent-banking-retreat-growing-asia
SMEs look for help against imports
Local small- and medium-size enterprises (SMEs) met with government officials yesterday and accused them of not doing enough to support domestic products against a flood of imports while multiple officials claimed that they could provide little assistance unless businesses were properly registered. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/smes-look-help-against-imports
New worker benefits take effect
A slew of new health and maternity benefits for workers took effect at the stroke of midnight yesterday in a dramatic expansion of the country’s social security framework, even as labour advocates and business experts raised concerns about cost and quality. ...
Yon Sineat and Daphne Chen
http://www.phnompenhpost.com/national/new-worker-benefits-take-effect
Rolls-Royce to sell luxury automobiles in Cambodia
Fabled luxury car maker Rolls-Royce will soon be marketing its goods in one of the world’s poorest countries: Cambodia. Rolls-Royce Motor Cars announced Monday that it has joined with a Cambodian business partner to open a showroom in the Cambodian capital next month. ...
Fox News Staff
http://www.foxnews.com/leisure/2014/06/09/rolls-royce-to-sell-luxury-automobiles-in-cambodia/
Petition delivered: Villagers demand land be returned
More than 200 people in Kampong Speu’s Oral district gathered yesterday to submit a second petition to HLH Company – an agro-business linked to Hun Seng Ny, the sister of Prime Minister Hun Sen – demanding the return of their land, community representatives said. ...
May Titthara
http://phnompenhpost.com/national/petition-delivered-villagers-demand-land-be-returned
Family of jailed tycoon say trial was not transparent
The wife and relatives of a business tycoon arrested for the murder of another businessman have appealed to Prime Minister Hun Sen to release the suspect, his bodyguards, and his parents, who were all arrested after the murder. ...
Hul Reaksmey
http://www.voacambodia.com/content/family-of-jailed-tycoon-say-trial-was-not-transparent/2888747.html
Capital heading for full reopening with jab card rules in public places
Phnom Penh municipal governor Khuong Sreng urged all authorities in the capital to apply strict measures in schools, markets and businesses to prevent the spread of Covid-19 before the expected reopening of all sectors. ...
Mom Kunthear
https://www.phnompenhpost.com/national/capital-heading-full-reopening-jab-card-rules-public-places
Opening ‘not ideal’ for investors to return
The business community has welcomed a government decision to ease restrictions for local and foreign investors who reside in the Kingdom, particularly the waiver of hotel quarantine and the option to isolate at home. ...
May Kunmakara
https://www.phnompenhpost.com/business/opening-not-ideal-investors-return
Major surge in micro lending, association says
Lending by microfinance institutions (MFIs) rose about 50 percent at an annualized rate during the first nine months of the year, according to the Cambodia Microfinance Association, which said the surge was sparked by economic stability and an increase in demand from clients wanting to ...
Sok Chan
http://www.khmertimeskh.com/news/17497/major-surge-in-micro-lending--association-says/
Thailand, Cambodia eye MICE links
Tourism industry executives and government officials from Thailand and Cambodia gathered in Phnom Penh yesterday for a roadshow on the meetings, incentives, conferences and exhibitions (MICE) segment of the tourism industry to find ways to work together to drive new business. ...
Sum Manet
http://www.khmertimeskh.com/news/24305/thailand--cambodia-eye-mice-links/
Russian nuclear agency bullish on Asean outlook
Rosatom, Russia’s state nuclear-energy agency, is bullish on the outlook of its business in Southeast Asia after the speedy development of a project in Vietnam and a range of agreements with every country in the region except Singapore, the Philippines and Brunei. ...
Achara Deboonme
http://www.nationmultimedia.com/business/Russian-nuclear-agency-bullish-on-Asean-outlook-30287441.html
Union law sees major amendments, still lacks blessing of workers
As a result of the meeting with the specialist commissions, Minister of Labor Ith Samheng said that nearly 50 percent of the comments given by union leaders, business owners, development partners and the government were used to make changes in the draft union law yesterday. ...
Taing Vida
http://www.khmertimeskh.com/news/22634/union-law-sees-major-amendments--still-lacks-blessing-of-workers/
Reththy, agriculture ministry continue to squabble
The Ministry of Agriculture has rejected a request from private-sector rubber firms – led by agricultural tycoon Mong Reththy – for a meeting to discuss the floundering fortunes of the nation’s rubber sector, claiming the ministry was busy and was already addressing the issue. ...
Sor Chandara and Cheng Sokhorng
http://www.phnompenhpost.com/business/reththy-agriculture-ministry-continue-squabble
Cambodian Red Cross raises more than $13M in one day
The country’s political and business elite dug deep into their pockets on Sunday for the Cambodian Red Cross’ (CRC) annual fundraising drive in Phnom Penh, contributing a total of $13.43 million during an event marking World Red Cross Day. ...
Kang Sothear
https://www.cambodiadaily.com/news/cambodian-red-cross-raises-more-than-13m-in-one-day-112338/