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/
33% rise in tax registrations Q1
The General Department of Taxation (GDT) registered 3,566 new businesses in the first quarter of the year, a year-on-year increase of 33 percent, a report said yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501284689/33-rise-in-tax-registrations-q1/
Urgent call not to waste water amid shortages
Phnom Penh Water Supply Authority (PPWSA) on Friday appealed to the population and businesses not to waste water as the capital city and Takhmau town face a shortage of water. ...
Prak Chan Thul
https://kiripost.com/stories/cambodia-urgent-call-not-to-waste-water-amid-shortages
Cambodia’s cost of electricity to industrial users highest in region
Cambodia’s cost of electricity to industrial users remains highest in the region, which in turn is contributing towards the increased cost of doing business, a World Bank study has pointed out. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501415854/cambodias-cost-of-electricity-to-industrial-users-highest-in-region/
Cambodia tops emerging markets FDI index 2024
Cambodia has topped a recent global index produced by the UK-based business publication, fDi Intelligence. ...
James Whitehead
https://www.khmertimeskh.com/501492453/cambodia-tops-emerging-markets-fdi-index-2024/
Lion Forest Industries’ RM78.3m Cambodian Investment
Kuala Lumpur–Lion Forest Industries BHD (LFIB) is acquiring 58,000 hectares under an economic land concession (ELC) in Cambodia for US$26.1 million (RM78.3 million) to cultivate oil palm and rubber trees. LFIB said on Monday, Aug 29 the concession would not be less than 70 years under ...
Akra co-op signs first rice mill agreement
American business group Akra, led by Cambodian-born former US ambassador to the United Nations, Sichan Siv, has signed an agreement with a rice mill under a new co-operative structure it says puts ownership and profits back in to the hands of Cambodian producers. Akra’s managing director ...
http://www.phnompenhpost.com/2013020861251/Business/akra-co-op-signs-first-rice-mill-agreement.html
Photo tourism turns profits
Nathan Horton’s business model is straightforward. A professional photographer, Horton helps amateur photographers take pictures abroad. Photo tourism is an increasingly lucrative trade in Cambodia. Horton, who runs half-day jaunts in Phnom Penh and longer journeys into the provinces, is one of the practitioners capitalising on ...
Laura Ma
http://www.phnompenhpost.com/business/photo-tourism-turns-profits
A big thumbs-down
A Phnom Penh municipal official said yesterday that they would investigate mounting complaints that authorities have been forcing the capital’s residents to thumbprint letters supporting the preliminary election results and promising not to join demonstrations. Residents in Daun Penh and Tuol Kork districts told the Post ...
Nationwide garment factory strike sputters into second day
A few garment factories resumed operations in Phnom Penh on Friday, albeit at reduced capacity, as thousands of workers returned to the city after Khmer New Year celebrations in the provinces. While the majority of factories in Meanchey and Pur Senchey districts stayed closed, it remained ...
Sek Odom and Matt Blomberg
http://www.cambodiadaily.com/news/nationwide-garment-factory-strike-sputters-into-second-day-56740/
Kamsab removed from ports as Kingdom braces for loss of preferential trade access
The Cambodian government has begun a series of reforms intended to strengthen economic independence and promote business in the Kingdom, as they prepare for the possible loss of preferential trade access to the EU and US in the coming months. Prime Minister Hun Sen on ...
Forest crimes are up, as elections occupy cops
Activists in the northern provinces of Cambodia claimed on Tuesday that while police forces are busy providing security for the July 29 national elections, they are witnessing a worrying spike in forest crimes. Prey Lang Community Network activist Phok Hong told The Post that forest ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/forest-crimes-are-elections-occupy-cops
Camcontrol may leave border
Prime Minister Hun Sen recently unveiled a new campaign to boost economic independence and reduce the reliance on preferential trade statuses offered by advanced countries, saying the government will provide better trade facilitation and eliminate unnecessary procedures. At a dinner with 5,000 Cambodian journalists on Friday, ...
Hor Kimsay
https://www.phnompenhpost.com/business/camcontrol-may-leave-border
Government will shut eateries without proper hygiene
The Ministry of Tourism has warned that it will revoke the licences of eateries that cater to tourists if they are found without a hygiene certificate from the Ministry of Health or provincial health departments. A directive signed by Minister of Tourism Thong Khon on ...
Voun Dara
https://www.phnompenhpost.com/national/government-will-shut-eateries-without-proper-hygiene
Gov’t backtracks on ban on self-employed foreigners
Foreigners will again be allowed to be self-employed in a bid to attract skills and investment to the Kingdom, after a ban on them running small businesses that could affect the livelihoods of Cambodians was proposed in August. An announcement by the Ministry of Labour ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/govt-backtracks-ban-self-employed-foreigners
Charting the next seven years of environmental policy
Work began yesterday on Cambodia’s first national environmental plan in more than a decade. Once completed, the National Environmental Strategy and Action Plan (NESAP) will form the backbone of Cambodia’s environmental policy until 2023. The far-reaching plan – which is expected to be put into ...
Jonathan Cox
http://www.khmertimeskh.com/news/17414/charting-the-next-seven-years-of-environmental-policy/
Charting the next seven years of environmental policy
Work began yesterday on Cambodia’s first national environmental plan in more than a decade. Once completed, the National Environmental Strategy and Action Plan (NESAP) will form the backbone of Cambodia’s environmental policy until 2023. The far-reaching plan – which is expected to be put into ...
Jonathan Cox
http://www.khmertimeskh.com/news/17414/charting-the-next-seven-years-of-environmental-policy/
Charity assists thousands in Cambodia
An education program in Cambodia founded by a Taiwanese charity has benefited nearly 10,000 Cambodians over the past five years, which is comparable to a modern equivalent of the famed agricultural missions dispatched by the Taiwanese government to aid diplomatic allies in the 1960s. The ...
Chen Ping-hung
http://www.taipeitimes.com/News/taiwan/archives/2015/12/01/2003633762
Opposition members criticise law changes
The National Assembly’s spokesman yesterday dismissed a statement released by the dissolved opposition CNRP criticising an extraordinary session of parliament called this week to pass amendments to the Penal Code and constitution. An extraordinary session was held on Wednesday to discuss and then approve the Penal ...
Khy Sovuthy
http://www.khmertimeskh.com/50108994/opposition-members-criticise-law-changes/
Malaysian company buys Cambodian advertisement agency
Go communication Group of Malaysia bought all shares of Active Event Management, advisement agency in Cambodia but it keeps all staff and management team for the agency. The announcement was made in the meeting under witness of information minister H.E Khieu Kanharith, he is also spokesman ...