GIZ fund of $4.5M to reinforce Kingdom’s SMEs
German international development organisation Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) will provide $4.5 million in aid to promote a small- and medium-sized enterprise (SME) development project in four Asean countries, including Cambodia. In Cambodia, Ministry of Industry and Handicrafts undersecretary of state Son Seng Huot ...
Thou Vireak
https://www.phnompenhpost.com/business/giz-fund-45m-reinforce-kingdoms-smes
Gov’t eliminates inheritance tax on property
Cambodians passing on their property to relatives will no longer have to pay the requisite registration tax, the government announced on Sunday during the ruling CPP’s annual party congress.The directive, signed by Prime Minister Hun Sen, was posted to both the the premier’s personal Facebook ...
Kuch Naren
https://www.cambodiadaily.com/news/govt-eliminates-inheritance-tax-on-property-105072/
Border land to be exchanged
Cambodia and Vietnam have signed a memorandum of understanding (MoU) to exchange parcels of land in provinces along the border in both countries after Joint Border Committee meetings in Ho Chi Minh City in July and last Thursday. The Vietnamese Foreign Ministry released information on its ...
May Titthara
http://www.khmertimeskh.com/news/31213/border-land-to-be-exchanged/
Chinese Steel Giant Gets Ready for Cambodian Arm
A massive Chinese steel firm, with which Prime Minister Hun Sen signed a $2 billion deal to build a steel mill in September, has formed a subsidiary company in Cambodia, according to a company announcement. Delong Holdings Limited, which is listed on the Singapore Stock Exchange but has ...
Ministry of Labor knights Australian industrial commissioner
The Arbitration Council says the Ministry of Labor has knighted an Australian industrial commissioner for his long period of work as an honorary advisor to the council. In a statement posted on its website Friday, the council said Labour and Vocational Training Minister Ith Samheng awarded ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=OTZiMjJhNTM1NzQ
Crane makes itself at home
A growing number of red-headed Sarus cranes are reportedly flocking west from Vietnam to a protected sanctuary in Kampot province’s Kampong Trach district, and conservationists observing the trend aren’t sure why. The Tuoitrenews website reported on Saturday that unusually large numbers of the birds, which are classified as ...
Amelia Woodside
http://www.phnompenhpost.com/national/crane-makes-itself-home
Cambodia eyes Iranian oil imports
Deputy Prime Minister Sok An has told Iran’s ambassador to Cambodia that once an oil refinery in the country is operational, Cambodia would be able to import crude oil from Iran and export refined oil products to China, the Council of Ministers said on its ...
CSX takes another step toward listing companies
The Securities and Exchange Commission of Cambodia has approved in principle the listing of Phnom Penh Water Supply on the Cambodian Securities Exchange, according to the SECC’s website. The announcement fell a step short from listing approval for PPWS, with the SECC requiring additional paperwork, including ...
Maybank plans Cambodia subsidiary
Malayan Banking Bhd (Maybank), one of Malaysia’s largest banks, plans to transition its Cambodian branch into a subsidiary in a bid for larger market share in the Kingdom’s crowded Cambodian banking sector. The bank, which opened as a branch in 1993, received a local incorporation licence ...
http://www.phnompenhpost.com/index.php/2012040455412/Business/maybank-plans-cambodia-subsidiary.html
Japanese Hospital Opens for Tourists
At the unveiling of the new Japanese-owned Sunrise Hospital in Phnom Penh, Prime Minister Hun Sen said that such tourist-focused medical facilities would boost confidence in visitors and investors to Cambodia. Mr. Hun Sen described the $35 million hospital in Chrouy Changvar district, which on its ...
Sok Chan
http://www.khmertimeskh.com/news/29972/japanese-hospital-opens-for-tourists/
Girls outdo boys – again
The results of this year’s much-improved grade 12 national exams have left some with less to celebrate than others, as government data showed a continued large disparity between male and female performances as well as across provinces.According to detailed results released on the Ministry of ...
Taing Vida
http://www.phnompenhpost.com/national/girls-outdo-boys-again
Government offshore oil block deadline passes
LAST week marked the arrival and passing of 12/12/12, the Cambodian government’s original date for the commencement of oil extraction from the Block A oilfields in the Gulf of Thailand, with no activity on the site. Chevron currently holds a 30 per cent interest in the ...
Cambodia garment sector has Asia's highest rate of unionization
Cambodia’s garment sector has the highest rate of unionization of any industry in Asia, Cambodia Federation of Employers and Business Associations Van Sou Leng said Tuesday. “Major efforts are needed to improve the quality of workplace relations,” Van said in a statement posted on the Camfeba ...
The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NDA0NmM5MWU5YjN
Cambodia's anti-graft agency receives 728 complaints in 9 months
The Cambodia’s Anti-Corruption Unit (ACU) had received 728 corruption-related complaints in the first nine months of this year, down 16 percent from the same period last year, the agency said in a statement on Sunday. “From January to September 2014, the ACU had received a total ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140928/cambodias-anti-graft-agency-receives-728-complaints-9-months
Cambodian speaker regrets activists'move to burn Vietnamese flag
President of the National Assembly of Cambodia Heng Samrin said on Monday that the Cambodian side ” regrets” that activists set Vietnamese flag on fire in protests in Cambodia’s capital Phnom Penh. Heng Samrin made the statement while meeting with Vietnamese Prime Minister Nguyen Tan Dung ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140818/cambodian-speaker-regrets-activistsmove-burn-vietnamese-flag
Maids to Saudi Arabia denied
Both the government and the Association of Cambodian Recruitment Agencies yesterday denied media reports that Cambodia and Vietnam will provide domestic workers to Saudi Arabia. Citing Saudi Arabian newspapers, the news website Emirates 24/7 reported yesterday that Cambodia and Vietnam had agreed to send maids to ...
http://www.phnompenhpost.com/index.php/2012061356764/National-news/maids-to-saudi-arabia-denied.html
Ministry to launch new jobsite to boost employment
The Ministry of Labour will launch a new job website – WORKNET – on employment services and labour market information in Cambodia on April 8, to help Cambodians find jobs during the pandemic. ...
Sen David
https://www.khmertimeskh.com/50829112/ministry-to-launch-new-jobsite-to-boost-employment/
New map illustrates election results
The Australian National University has posted a map of the results of last month’s elections on its website showing the different levels of popular support for the ruling and opposition parties in all provinces. Colum Graham, a PhD candidate at the ANU College of Asia and ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=ZjIzZGRmOWM0ZjN
Interior Ministry seeks new recruits
The Interior Ministry is seeking 478 students to work in prisons and offices across the country, according to an announcement posted online Monday. The ministry’s message, posted to the website of the National Committee for Sub-National Democratic Development, calls for 80 candidates to work as prison ...
Hay Pisey
http://www.cambodiadaily.com/news/interior-ministry-seeks-new-recruits-58745/
Official denies allegations of embezzlement
The former director of the Preah Vihear provincial financial department has denied allegations that he embezzled an estimated $72,045 over the course of 2013, according to his defense posted on the Anti-Corruption Unit website Thursday. Meas Rathavuth, who was ordered into retirement on March 1, said ...
Kuch Naren
http://www.cambodiadaily.com/news/official-denies-allegations-of-embezzlement-60591/