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Smart backs Tech Startup projects

Leading mobile phone operator Smart Axiata has formed a partnership with The Asia Foundation, an international development NGO, to foster innovation and creativity among Cambodian tech startups.   ...

Sum Manet
http://www.khmertimeskh.com/news/36569/smart-backs-tech-startup-projects/

Gov’t to borrow $300M from investors next month

The Ministry of Economy and Finance (MEF) Wednesday announced that it will borrow $300 million from the public and institutions by issuing its first three types of government bonds eight times from September to the end of this year. ...

Kang Sothear
https://www.khmertimeskh.com/501138957/govt-to-borrow-300m-from-investors-next-month/

Chinese support needed in Cambodia to boost Traditional Chinese Medicine

Officials from the Cambodian Ministry Of Health joined a recent Mekong-Lancang Cooperation (MLC) conference in Nanning, Guangxi province, China, intending to bolster the training and production Of traditional medicine in collaboration with Chinese institutions. ...

Khmer Times Staff
https://www.khmertimeskh.com/501416586/chinese-support-needed-in-cambodia-to-boost-traditional-chinese-medicine/

Cambodian ruling party faces test over next 5 years

Cambodian political analysts said Prime Minister Hun Sen needs to make “serious and deep reforms” over the next five years to restore his popularity after his party survived with a slim majority in July’s disputed general election. Sok Touch, deputy director of the Royal Academy ...

Global Times
http://www.globaltimes.cn/content/829846.shtml#.Up_bWNIW2ls

Cambodia's tax revenue totals $683 million

The Cambodian government collected $683 million in taxes over the first 11 months of this year, according to data from the General Department of Taxation released last week. An economist said the increase in domestic tax revenue emphasised that Cambodia still has room for improvement in ...

http://www.phnompenhpost.com/index.php/2012121160203/Business/tax-revenue-totals-683-million.html

Demand for wage increases rejected

Cambodia, with over 400 garment and footwear factories, has become an Asian clothes manufacturing center, and hugely profitable for the factory owners They have rejected a demand by the Cambodian Confederation of Unions to double the minimum monthly wage of factory workers from $61. The ...

http://www.vancouversun.com/business/Demand+wage+increases+rejected/8044435/story.html#ixzz2MYys4mpC

Meet focuses on technology’s role in sustainable agriculture

The state-run Agriculture and Rural Development Bank (ARDB) is hosting the three-day 47th Association of Development Financing Institutions (DFIs) in Asia and the Pacific’s (ADFIAP) annual meetings that kicked off in Phnom Penh, yesterday, outlining the role of technology and innovation in enhancing agricultural productivity, ...

Chea Vanyuth
https://www.khmertimeskh.com/501489148/meet-focuses-on-technologys-role-in-sustainable-agriculture/

Micro-Lender To Roll Out ATM Service

Hattha Kaksekar Limited, one of the country’s largest microfinance institutions (MFIs), is in talks to become a commercial bank by 2014, an official at the micro-lender said yesterday. The move, if successful, will be in line with the Central Bank’s policy to support MFIs in diversifying ...

Settle vehicle import taxes owed by Dec 31: customs

The General Department of Customs and Excise of Cambodia (GDCE) on December 1 reiterated a call on owners of left-hand drive vehicles who have yet to pay any applicable import taxes or related fees due to do so before December 31, in order to benefit ...

Nov Sivutha
https://www.phnompenhpost.com/business/settle-vehicle-import-taxes-owed-dec-31-customs

Social Work to shape Kingdom

Social work, long-established in developed countries but unheard-of in Cambodia, could be set to change the face of child protection in the country as interest in the field grows. Last week, a hundred potential social workers from around the country came to Phnom Penh for an ...

http://www.phnompenhpost.com/index.php/2012092558885/Lifestyle/social-work-to-change-cambodia.html

New high-tech move in farming

The Ministry of Agriculture, Forestry and Fisheries (MAFF) is promoting the use of an information technology and digital suite designed to establish the country’s Agricultural Big Data Platform (ABDP). ...

Sorn Sarath
https://www.khmertimeskh.com/50757473/new-high-tech-move-in-farming/

Conference throws spotlight on key role of banks

The 9th NBC Annual Macroeconomic Conference 2022 kicked-off today, highlighting how financial institutions, particularly banks, continue to be crucial participants in funding the real economy and supporting recovery. ...

Seng Mengheng
https://kiripost.com/stories/conference-throws-spotlight-on-key-role-of-banks

Industry Ministry to Be Split, New ‘Handicraft’ Focus

The National Assembly is set to dismantle the Ministry of Industry, Mines and Energy, rebuilding it as the Ministry of Mines and Energy and creating a new Ministry of Industry and Handicrafts, a senior CPP lawmaker confirmed on Friday. The move comes just a few weeks ...

Kuch Naren
http://www.cambodiadaily.com/news/industry-ministry-to-be-split-new-handicraft-focus-46782/

IDs are not ‘sufficient guarantee’ for loans

Cambodia’s central bank has asked all financial institutions, especially rural lenders, to refrain from accepting personal identity cards, residential records and family books as a guarantee while giving out loans to consumers.   ...

Sor Chandara
http://www.phnompenhpost.com/business/ids-are-not-sufficient-guarantee-loans

Cambodia's elderly receive inadequate support

For 70-year-old Chan Shay, the choice between working through old age and a retirement in poverty is an obvious one. Shay, a cyclo taxi driver in Phnom Penh, said that while he dreams of retiring to his home in Takeo province, in reality he can see ...

Alice Cuddy and Khouth Sophak Chakrya
http://www.ucanews.com/news/cambodias-elderly-receive-inadequate-support/72092

Japanese capital flooding in to Cambodia

Total Japanese investment in Cambodia under the Kingdom’s qualified investment project (QIP) scheme surged tenfold during the first half of the year, driven by Japan’s improved economy and a hefty capital injection by one of its biggest retail giants. ...

Hor Kimsay
http://www.phnompenhpost.com/business/japanese-capital-flooding-cambodia

Investors from Korea relocate to Cambodia

Korean investors are relocating labour-intensive businesses to countries such as Cambodia after Indonesia raised its minimum wage. A number of Korean investors had closed their Indonesian factories and relocated to other countries in the region because their requests for minimum-wage exemption had been refused, The Jakarta ...

http://www.phnompenhpost.com/2013020761220/Business/investors-from-korea-relocate-to-cambodia.html

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