Certification Quandry Stunts Sugar Exports
In April 2010, Kampot Pepper and Kompong Speu palm sugar both gained a geographical indication (GI) from the Ministry of Commerce that recognized their unique qualities and protected their name. But while Kampot pepper producers export almost all of their 17-ton annual production at high ...
Unions Want Government, Factories to Resume Wage Talks
The unions behind several days of strikes that turned deadly this month said they will officially ask the Labor Ministry today to resume negotiations on a new minimum wage for the country’s critical garment sector, and said they would hold more street protests if their ...
Aun Pheap
http://www.cambodiadaily.com/news/unions-want-government-factories-to-resume-wage-talks-50451/
E-Commerce Law goes ahead with WB funding
A draft law on e-commerce that would regulate electronic trade in Cambodia will arrive at the Council of Ministers in August, following revision by two other state institutions, officials at the Ministry of Commerce said Wednesday. Orm Dararith, director of the Ministry of Commerce’s legal department, ...
Hul Reaksmey
http://www.cambodiadaily.com/business/e-commerce-law-goes-ahead-with-wb-funding-60518/
NBC launches Cambodian Shared Switch
The National Bank of Cambodia (NBC) has launched Cambodian Shared Switch (CSS) for convenient cross-institutional payments and integration with regional countries. ...
Seng Mengheng
https://kiripost.com/stories/cambodia-nbc-launches-cambodian-shared-switch-css-atm
Apsara Authority warns of online posts illegally offering land
The Apsara Authority yesterday warned that it will take legal action against Facebook users who advertise land for sale located in the Angkor Archaeological Park. Apsara Authority spokesman Long Kosal said some Facebook account owners have advertised land for sale at the site which is ...
Pech Sotheary
https://www.khmertimeskh.com/50617075/apsara-authority-warns-of-online-posts-illegally-offering-land/
Prince Ranarridh offers support of government’s border policies
Prince Norodom Ranarridh, leader of the royalist party Funcinpec, says he has offered support to Prime Minister Hun Sen, to verify Cambodia’s maps in its demarcation discussions over the Vietnam border. ...
Hul Reaksmey
http://www.voacambodia.com/content/prince-ranarridh-offers-support-of-government-border-policies/2959993.html
Land dispute families turn down offer of new apartments
Three families involved in a bitter land dispute with a powerful land developer in Phnom Penh’s Tuol Kok district on Monday rejected City Hall’s offer of new housing, saying the apartments being offered were far too small. They also said they planned to file a complaint ...
Sek Odom
http://www.cambodiadaily.com/news/land-dispute-families-turn-down-offer-of-new-apartments-54868/
Media agencies warned about gambling ads
The Ministry of Information last week warned media organizations not to publish or broadcast advertisements from gambling outlets unless they have permission from the government to do so, according to a ministry notice obtained Tuesday. “The ministry previously advised [media outlets] to stop all types ...
Hul Reaksmey
http://www.cambodiadaily.com/news/media-agencies-warned-about-gambling-ads-65808/
Unfinished P Sihanouk building team formed
The government on October 12 set up an inter-institutional commission tasked with resolving the issue of unfinished buildings in Preah Sihanouk province, most of which are owned by Chinese investors. This is according to a Council of Ministers letter issued on the same date addressed to ...
May Kunmakara
https://www.phnompenhpost.com/business/unfinished-p-sihanouk-building-team-formed
More money for meat
Meat prices on Phnom Penh’s markets have seen large gains over the first half of the year, according to figures from the Ministry of Commerce’s Trade Promotion Department. Local vendors say the price increase comes due to a decrease in imports, forcing purchases of domestically ...
http://www.phnompenhpost.com/index.php/2011070450154/Business/more-money-for-meat.html
The drugs don’t work: Despite the best efforts of the authorities, producers of fake medicines are making a killing in Cambodia
“Counterfeit medicine kills, while real medicine heals.” This was the simple but apt message selected just over a year ago for a poster campaign in Cambodia that aimed to raise awareness of the risks of counterfeit medications, as part of a government crackdown on the ...
Khmer specialized bank opens
Khmer Specialized Bank, a subsidiary of Khmer Holding Group, was officially inaugurated to offer financial services to Cambodians yesterday, with $21 million worth of investment capital and becoming the 13th specialized bank in Cambodia. ...
Sok Chan
http://www.khmertimeskh.com/news/25178/khmer-specialized-bank-opens/
Plan for airport faces resistance
Talks between officials in Preah Vihear province and local villagers whose land is in the way of a proposed domestic airport hit some turbulence on Tuesday, as homeowners bristled over the various forms of compensation being offered. ...
Sen David
http://phnompenhpost.com/national/plan-airport-faces-resistance
Blockchain system will reduce dependence on the ‘greenback’
Cambodian’s will soon be able to make near-instant payments via a new blockchain payment platform being launched under a system called Distributed Ledger Technology (DLT) that will “ultimately undermine the popularity of the US dollar”, according to the Kingdom’s central bank director. ...
Harrison White
https://www.khmertimeskh.com/50723403/blockchain-system-will-reduce-dependence-on-the-greenback/
Booming growth pushes Cambodia to lower-middle income status
Despite some appearances to the contrary, things in Cambodia are looking pretty rosy at least according to the World Bank. In its latest revision of world economies the Bank raised Cambodia’s status from a low-income economy to a lower-middle income country. ...
Vat Vin
http://aecnewstoday.com/2016/booming-growth-pushes-cambodia-to-lower-middle-income-status/
Stock Trading to Start Next Month With Water Authority IPO
The Phnom Penh Water Supply Authority (PPWSA) will become the first publicly traded company on the Cambodian Stock Exchange (CSX) when trading begins on April 18, Ming Bankosal the general director of the Securities and Exchanges Commission of Cambodia said yesterday. “We are planning on ...
Comprehensive Land Policy Is Under Construction
In response to the vision of land policy in Cambodia, which is to administer, manage, use and distribute land in an equitable, transparent, efficient, and sustainable manner in order to contribute to achieving national goals of poverty alleviation, ensuring food security, national resources and environmental ...
Cambodian mangoes now gaining popularity across Russian markets
Cambodian mangoes are gaining popularity across Russian markets offering a boost to the Kingdom’s agricultural sector, according to a representative of an agriculture firm that exports Cambodian mangoes to Russia and Central Asia. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501427846/cambodian-mangoes-now-gaining-popularity-across-russian-markets/
Affordable public housing needed: official
A senior official at the Ministry of Land Management, Urban Planning and Construction appealed yesterday to institutions, private companies and related parties to help increase public housing for low and middle income families. In the first annual national forum on housing yesterday, Chhan Saphan, a secretary ...
Pech Sotheary
http://www.khmertimeskh.com/news/31108/affordable-public-housing-needed--official/
Economic Census 2011 Found About Half Million Establishments
About half a million establishments in Cambodia as of March 1, 2011 released the preliminary results of the Economic Census of Cambodia (EC 2011) released by H.E. Chay Than on August 8th in Phnom Penh. The final results of EC 2011 will be released in ...