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Nearly 6,000 vehicles with unpaid tax

Tax on nearly 6,000 vehicles across the country has not been paid on time as required, according to an inspection by the Ministry of Economy and Finance’s General Department of Taxation. A press release by the GDT signed on March 16 and released yesterday said the ...

Mom Sophon
http://www.khmertimeskh.com/50114699/nearly-6000-vehicles-with-unpaid-tax/

National Bank of Cambodia Reports Lending Surge in 2012

Lending by commercial banks in Cambodia grew by more than one-third last year, according to figures provided by the National Bank of Cambodia (NBC) yesterday. Banks lent out a total of $5.89 billion in 2012, compared with $4.39 billion in 2011, NBC figures show, meaning ...

http://www.cambodiadaily.com/business/national-bank-of-cambodia-reports-lending-surge-in-2012-11368/

Sanctuary ‘protected’

More than 2,000 hectares of the decimated Lumphat Wildlife Sanctuary in Ratanakkiri province have been classified by the Ministry of Environment (MOE) as the sanctuary’s first community protected area. Surrounded by three economic land concessions in Kon Mom district, the protected area is populated by a ...

Phak Seangly and Amelia Woodside
http://www.phnompenhpost.com/national/sanctuary-%E2%80%98protected%E2%80%99

Labor committee details schedule for wage talks: report

The Labor Advisory Committee has asked unions and employers to start separate internal talks on wages this month under a schedule it approved in June, an industry source says. In a report late Wednesday, Fibre2fashion.com said the 28-member committee had agreed that the talks would be ...

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

Majority want booze regulations: survey

An overwhelming 96 per cent of Cambodians want the government to take measures to reduce alcohol consumption, a Royal University of Phnom Penh survey has found. The survey released yesterday of 2,104 adults in four provinces also found 93 per cent want the government to ban ...

Chhay Channyda
http://www.phnompenhpost.com/post-weekend/majority-want-booze-regulations-survey

Mondolkiri drivers say officials extort bribes

A group of minivan drivers blocked a highway in Mondolkiri province Tuesday in protest of what they claim is ongoing extortion by government officials of vehicles transporting ready-made furniture. “There are four to five checkpoints and we have to pay between 10,000 to 20,000 riel ...

Khuon Narim
http://www.cambodiadaily.com/news/mondolkiri-drivers-say-officials-extort-bribes-71331/

New CSX tools aim to lure traders

Trading on Cambodia’s fledgling stock market will become easier after the bourse announced two new tools aimed at improving usability and access to the exchange platform. A January 14 statement released by the Cambodian Securities Exchange (CSX) said two new trading methods, “continuous trading” and “trading ...

Eddie Morton
http://www.phnompenhpost.com/business/new-csx-tools-aim-lure-traders

Students in Cambodia want to learn English

The oldest public school in Cambodia’s capital, Phnom Penh, is in a small courtyard downtown. The Tuan Hoa school has a Chinese temple and Mandarin language classes for its 2,000 students. But in Phnom Penh, Chinese usage is still behind English. This is true although ...

Neou Vannarin and Colin Lovett
http://bit.ly/1BgdqOf

New day for old finance market

The formalisation of Cambodia’s derivatives sector will provide budding investors with more choices for their portfolio – although at a risk, insiders say.After years of deliberation, the Securities and Exchange Commission of Cambodia (SECC) on July 2 passed a prakas, or regulation, which allows individuals ...

Charles Rollet
http://www.phnompenhpost.com/business/new-day-old-finance-market

Productivity focus needed for farming: World Bank

Despite increased yields and the rising use of farming machinery in Cambodia’s agriculture sector, growth in the industry for 2013-14 was only between 1 and 2 per cent, with greater emphasis needed on the quality of seeds and fertilisers, as well as encouraging greater vegetable ...

Ananth Baliga
http://www.phnompenhpost.com/business/productivity-focus-needed-farming-world-bank

IFAD and Cambodia sign historic host country agreement

The International Fund for Agricultural Development (IFAD) signed a host country agreement earlier this month with the Kingdom of Cambodia, the culmination of almost 20 years of support and investment in rural areas. Since 1996, over 1.2 million poor and disadvantaged rural households have benefitted ...

International Fund for Agricultural Development (IFAD)

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Local microfinance institute invests in new ATM network

Hattha Kaksekar Ltd, a local microfinance institution, has invested almost US$2 million in a new ATM network, the company announced yesterday. Hattha Kaksekar now has around $32 million in deposits and will become the first financial institution to use SmartVista, an automated ATM process which also ...

http://www.phnompenhpost.com/index.php/2012072057524/Business/mfi-to-invest-in-new-atm-network.html

Record number of Asian openbill stork nests discovered

BirdLife International Cambodia recently discovered a record number of over 2,000 Asian openbill stork nests in Takeo province’s Boeng Prek Lapou Protected Landscape. .. ...

Som Kanika
https://www.khmertimeskh.com/50776744/record-number-of-asian-openbill-stork-nests-discovered/

Stolen 700 hectares of Tonle Sap land returned to the state

A deputy provincial police chief in Kampong Chhnang province was involved in the encroachment of nearly 700 hectares of flooded forest in the Tonle Sap Lake area, while so far the Kampong Chhnang provincial authorities have returned 2,000 hectares of land to state ownership. ...

Tith Kongnov
https://www.khmertimeskh.com/50980801/stolen-700-hectares-of-tonle-sap-land-returned-to-the-state/

Cambodia’s economy to grow 5.1% in 2022

Cambodian economy will grow at 5.1 percent this year and 6.2 percent in 2023, according to the Ministry of Economy and Finance. ...

Sok Sithika
https://www.khmertimeskh.com/501077937/cambodias-economy-to-grow-5-1-in-2022/

Hun Sen invites WEF Executive Chairman to attend ASEAN Global Dialogue in Phnom Penh

Prime Minister Hun Sen has invited Prof. Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF), to attend the 2nd ASEAN Global Dialogue to be held in Phnom Penh in November this year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501081718/hun-sen-invites-wef-executive-chairman-to-attend-asean-global-dialogue-in-phnom-penh/

NEC releases new voter turnout rate for local election

The new voter turnout rate for Sunday’s Commune/Sangkat Council Election is 80.19 percent or 7,382,449 of the total 9.2 million eligible voters, according the National Election Committee (NEC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501089435/nec-releases-new-voter-turnout-rate-for-local-election/

NEC prepares nearly 13 million ballot papers for Commune Election

The National Election Committee (NEC) announced on Friday that over 11.6 million ballot papers have been printed to add to an existing 1.2 ballots for the upcoming Commune Council Election on June 5. ...

Buth Reaksmey Kongkea
https://www.khmertimeskh.com/501070704/nec-prepares-nearly-13-million-ballot-papers-for-commune-election/

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