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Commerce Minister calls on checkpoint officials to crackdown on expired goods

Commerce Minister asked officials at all border checkpoints to prevent and crackdown on expired products. Thong Thira, Banteay Meanchey’s head of Department of Commerce, said that about 71 percent of 700,000 people living in Banteay Meanchey are farmers. He said the province has big 20 ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OWFjOTZkZjI0OTh

Drop-off in beverage imports questioned

Despite the fact that beverage consumption in Cambodia is on the rise, government statistics show that imports of alcohol and non-alcoholic products in the first half of 2013 have declined by 51 per cent year-on-year. The seemingly conflicting figures left some scratching their heads. Meng Saktheara, ...

Hor Kimsay
http://www.phnompenhpost.com/business/drop-beverage-imports-questioned

EMAXX Telecom Commercially Launches 4G Network, Selects PureWave as Infrastructure Partner

Mountain View, Calif — PureWave Networks, Inc. announced today that it has been selected by EMAXX Telecom (Cambodia) Limited as the operator’s 4G infrastructure vendor. EMAXX Telecom expects to expand its mobile WiMAX network, already commercially operating in the cities of Phnom Penh and Sean ...

http://www.marketwatch.com/story/emaxx-telecom-commercially-launches-4g-network-selects-purewave-as-infrastructure-partner-2011-08-31

New year pardons delayed to Visak Bochea day

The Ministry of Justice has announced that Royal pardons and reductions of prison sentences have been pushed back to Visak Bochea Day in May, as a result of prisons not offering enough information about potential candidates. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/23812/new-year-pardons-delayed-to-visak-bochea-day/

CPP ties to controversial election monitor deepen

Against a backdrop of government criticism of local election watchdogs, Deputy Prime Minister Hor Namhong has been elected vice president of the standing committee of the election monitor ICAPP, which has frequently been criticised for indiscriminately offering its stamp of approval to otherwise controversial elections. ...

Andrew Nachemson
http://www.phnompenhpost.com/national/cpp-ties-controversial-election-monitor-deepen

Kingdom pushes power grid

The Cambodian government yesterday offered a subsidy on equipment to private electricity distributors in an effort to expand the Kingdom’s limited power grid. Private power suppliers who have completed between 70 to 80 per cent of their planned investments in electricity networks can request subsidies on ...

http://www.phnompenhpost.com/index.php/2011122053502/Business/kingdom-pushes-power-grid.html

Push to ban public smoking

The Ministry of Health and the World Health Organization (WHO) issued a joint memo yesterday advising recipients to take measures to ban smoking in public places. The “circular” is the first of its kind in Cambodia, and is to be distributed by all government ministries in ...

Sen David
http://www.phnompenhpost.com/national/push-ban-public-smoking

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/

New weapon in battle with drug-resistant TB

Researchers at the Novartis Institute for Tropical Diseases have isolated a new class of drugs that could be used to treat drug-resistant tuberculosis, a disease that affects thousands of Cambodians, according to a report published in the journal Science Translational Medicine last week. The drugs, called indolcarboxamides, work ...

Stuart White
http://www.phnompenhpost.com/national/new-weapon-battle-drug-resistant-tb

Civil society groups appeal for international intervention for the release of 23 protesters

181 national and international non-governmental organizations handed over their petitions to foreign embassies on Thursday to seek the release of 23 people who were arrested in protest crackdowns. A group of some 50 representatives marched along the streets and submitted the petitions to the German, Sweden ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=MzYwOTcwZDY5ZjV

NBC to take legal action against illegal lenders

The National Bank of Cambodia (NBC) along with other competent authorities are considering taking legal action against firms or individuals operating businesses that go against the banking laws and financial institutions of the Kingdom, NBC announced yesterday. ...

Kang Sothear
https://www.khmertimeskh.com/501140412/nbc-to-take-legal-action-against-illegal-lenders/

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

Joint media release on National Bank of Cambodia and Monetary Authority of Singapore sets up Financial Transparency Corridor to support SMEs

On 11 July 2023, the National Bank of Cambodia issued a joint media release on National Bank of Cambodia and Monetary Authority of Singapore sets up Financial Transparency Corridor to support SMEs.The FTC is an information sharing platform which will facilitate the exchange of financial ...

National Bank of Cambodia

Download: pdf

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

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