Maid abuse scandals to lead labor recruiters to lay off staff
Overseas labor recruitment agencies that send maids to Malaysia are planning to lay off about 1,000 staff members as they prepare to close down many pre-departure training centers following a growing scandal around abuses and criminal activity during the recruitment, training and sending of maids. An ...
Tariffs on rice slashed to help fuel exports
As part of a continuing push to bolster rice exports, the government has agreed to waive all export tariffs on milled rice and will also eliminate value-added tax (VAT) on paddy rice purchased domestically. According to a promulgation signed last month by Finance Minister Keat Chhon, ...
Cambodia can achieve SDGs, but deep fiscal reform needed: ADB report
Cambodia has a good chance of achieving its social protection agenda under the Sustainable Development Goals (SDGs) but will need to balance different social protection investments, according to a report published on Wednesday by the Asian Development Bank (ADB). With the right fiscal reforms and policies ...
Government: UK-Cambodian trade will remain strong
Two-way trade between Cambodia and the UK will remain strong even if the UK leaves the EU as bilateral trade between the two countries surpassed $1 billion last year, said Ministry of Commerce spokesman Seang Thay on Wednesday. According to a Ministry of Commerce press ...
Hor Kimsay
https://www.phnompenhpost.com/business/government-uk-cambodian-trade-will-remain-strong
Apsara authority announces the move of elephants from Angkor temple complex
Apsara authority has announced on 13 November 2019 over the move of elephants from Cambodia’s Angkor temple complex and it will end elephant rides business. Elephant management association will take charge of moving the elephants to a new home –a community forest (BosThom), located in ...
Apsara Authority
Cambodia’s economy lost $4b in illegal outflows in 2013
Cambodia’s economy lost more than $4 billion to illicit financial outflows in 2013, more than a quarter of its gross domestic product that year, according to a report released on Wednesday by the Washington-based think tank Global Financial Integrity.Based on trade data reported to the ...
Alex Willemyns
https://www.cambodiadaily.com/news/cambodias-economy-lost-4b-in-illegal-outflows-in-2013-102614/
Results on the evaluation of 9 ELC companies
According to a notification letter No. 1022 dated on 10 September 2015, the Council of Ministers decided on a reduction of the investment lifespans to 50 years for 9 economic land concessions (ELCs) companies that hold investment rights over total areas of 21,839 hectares in ...
Ministry of Environment
Groups concerned over increasing violations of Constitution
Rights and democracy groups say Cambodians are not being protected by the constitution, which has been routinely violated by all three branches of government. Over 170,000 families across the country were hurt by land disputes in 2014, according to a new a report by NGO ...
Hul Reaksmey
http://www.voacambodia.com/content/groups-concerned-over-increasingly-violations-of-constitution/2982483.html
Cambodian workers released from detention in Thailand
Nearly 30 Cambodians detained in Thailand since early July were released last week, though four remain in detention, an official at the Cambodian Embassy in Bangkok said. The migrant workers – 20 women and 14 men – were arrested on July 7 and taken to a ...
Sen David and Yesenia Amaro
http://www.phnompenhpost.com/national/cambodian-workers-released-detention-thailand
Hun Sen talks poverty
Prime Minister Hun Sen has outlined Cambodia’s strategy for tackling poverty in a keynote speech to a United Nations forum in Beijing marking the 2015 International Day for Eradication of Poverty.Addressing the gathering of leaders on Friday, the premier lauded the 1 billion people brought ...
Zoe Holman
http://www.phnompenhpost.com/national/hun-sen-talks-poverty
Potholes on a path to progress
Cambodia marginally improved its global competitive ranking this year, moving up five spots to place 90th out of 144 nations surveyed, with weak public institutions and lack of innovation continuing to affect its economic progress, according to a newly released World Economic Forum report.The Global ...
Ananth Baliga
http://www.phnompenhpost.com/business/potholes-path-progress
Tax collections reflect increased payment options
Government coffers received close to a billion dollars in tax revenues for the first nine months of the year, up 25 per cent compared to the same period a year earlier, with convenient tax payment options contributing to this rise, according to the latest quarterly ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/tax-collections-reflect-increased-payment-options
Difficult rainy season ends
As a fickle rainy season that has seen areas of the country plagued by drought draws to a close, Cambodia’s rice production remains nearly on target, though food insecurity is still a problem for individual communities, according to the World Food Programme.The season’s slow start ...
Igor Kossov
http://www.phnompenhpost.com/national/difficult-rainy-season-ends
Approved construction investments up 30 per cent in 2015
Investment in the construction industry in 2015 amounted to $3.3 billion – a 33.14 per cent increase from the same period in 2014, which was only $2.5 billion.Seng Lot, spokesperson for the Ministry of Land Management, Urban Planning and Construction (MLMUPC) said on Tuesday that ...
Siv Meng
http://www.phnompenhpost.com/real-estate/approved-construction-investments-30-cent-2015
New electricity bill cuts planned to start in April
Starting on April 1, the Electricity Authority of Cambodia (EAC) will continue to bring down the cost of electricity for households and enterprises in Phnom Penh and a number of provinces, according to a recent announcement by the agency. In a statement released earlier this month ...
Sok Chan
http://www.khmertimeskh.com/50109671/new-electricity-bill-cuts-planned-start-april/
Ending poverty a big issue
The public has spoken and among their top priorities for spearheading sustainable development in Cambodia are eradicating poverty, administering quality education and achieving peace and justice, according to a new survey published by NGO World Vision. The survey takes focus on 2030’s UN Sustainable Development Goals ...
Safiya Charles
http://www.khmertimeskh.com/news/31539/ending-poverty-a-big-issue/
Inflation rises 1.3 percent
Cambodia’s consumer price index rose by 1.3 percent in July compared to a year earlier on the back of higher food and fuel prices, according to data from the National Institute of Statistics. The increase was also due to non-alcohol beverages, clothing and footwear, housing, water, ...
Ministry official under scrutiny
Svay Rieng Provincial Court officials are investigating an employee of the Ministry of Interior who is accused of fraudulently selling his land to someone and not honouring the deal. Ros Sithan, a logistics department officer at the ministry, was arrested on the evening of September 28, ...
Study reveals extent of Mekong dam food security threat
The planned construction of hydropowered dams on the Mekong River in South-East Asia could jeopardise livelihoods, water access and food security for 60 million people, across Cambodia, Laos, Thailand and Vietnam, according to a study. The study reports that dams will block fish migration routes and ...
Anti-competitive behaviour limits Cambodia’s domestic airline industry
Anti-competitive behaviour in Cambodia’s domestic airline industry is limiting its growth, with the relevant authorities “reluctant” to open the domestic market up to competition, an aviation report found. Monopolising this market currently is the country’s flagship carrier, Cambodia Angkor Air, according to a Centre for Aviation ...