Capital governor declares moratorium on dredging
Phnom Penh municipal governor Pa Socheatvong has ordered a complete suspension of all sand-dredging activities while the municipality investigates whether the companies are operating illegally, a spokesman said. The order came during a meeting yesterday between the governor and his subordinates, City Hall spokesman Long Dimanche ...
http://www.phnompenhpost.com/national/capital-governor-declares-moratorium-dredging
Groups call for probe of racist mob killing
The Minority Rights Organization and the Cambodian Center for Human Rights on Friday condemned the racist mob killing of a 28-year-old ethnic Vietnamese man in Phnom Penh this week, which came after the destruction of Vietnamese shops last month and months of anti-Vietnamese rhetoric from ...
Lauren Crothers
http://www.cambodiadaily.com/news/groups-call-for-probe-of-racist-mob-killing-52976/
Cops on call for KNY
As hundreds of thousands participate in the annual mass migration from Phnom Penh to their home provinces for Khmer New Year next week, military police will remain at their posts. National Military Police in the capital and provincial outlets will be working at full capacity 24 ...
Vong Sokheng and Maria Wirth
http://www.phnompenhpost.com/national/cops-call-kny
Vendors see justice in arrest
The Friday arrest of a local businesswoman who holds the municipal contract to collect parking and stall fees from markets citywide on breach of trust charges came as no surprise to many vendors, aggrieved by what they say are her unfair business practices. Cheav Vibol, deputy ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/vendors-see-justice-arrest
Market tycoon sent to prison over $140k toilet tax dispute
The Phnom Penh Municipal Court imprisoned a prominent businesswoman who has exclusive rights to collect taxes at a number of Phnom Penh markets Monday over breach of trust charges related to a subcontracting agreement, signed in 2008, to let a business partner collect fees at ...
Ben Sokhean and Khuon Narim
http://www.cambodiadaily.com/news/market-tycoon-sent-to-prison-over-140k-toilet-tax-dispute-65698/
Sonatra takes one-year hiatus
Local stock brokerage company Sonatra Securities has announced it will completely dilute its books and put a halt on all business activities from October 1. In a press release posted on Sonatra’s website last week, the firm stated without an explanation that it was suspending all ...
Hor Kimsay
http://phnompenhpost.com/business/sonatra-takes-one-year-hiatus
Floods swamp capital
A torrential downpour that lasted over three hours yesterday morning has left many in the capital struggling with flooded houses, businesses and travel conditions, sparking outcry that authorities have not done enough to manage the rain’s effects. Flooding took place in virtually every district in ...
Taing Vida
http://phnompenhpost.com/national/floods-swamp-capital
Cambodia takes tentative steps to tackle corruption
Luxury cars and fancy homes are among the lavish gifts Cambodia’s political and business elite shower each other with on special occasions but there are hints the government is moving to curb such excesses. Patronage has long been a problem in impoverished Cambodia, with bribery ...
Worldbulletin News Staff
http://www.worldbulletin.net/america-canada/146002/cambodia-takes-tentative-steps-to-tackle-corruption
UN rolls out fund for women-led firms
Cambodian women-led fintechs, technology or regulated financial institutions are among the enterprises eligible for the recently-launched Women Enterprise Recovery Fund to promote and expand their businesses, according to the UN Economic and Social Commission for Asia and the Pacific (UNESCAP). ...
May Kunmakara
https://www.phnompenhpost.com/business/un-rolls-out-fund-women-led-firms
GDT firm on March 31 tax deadline
General Department of Taxation (GDT) director-general Kong Vibol refused to budge on a March 31 deadline to file tax on income (ToI) for fiscal year 2020 despite the economic pressure on the business community caused by the Covid-19 pandemic. ...
May Kunmakara
https://www.phnompenhpost.com/business/gdt-firm-march-31-tax-deadline
Cambodia, Timor-Leste to boost economic cooperation
Because trade between Cambodia and Timor-Leste remains low, the governments of both nations have decided to work towards boosting bilateral economic and business activities, according to a statement from the Ministry of Foreign Affairs and International Cooperation. ...
Sok Chan
https://www.khmertimeskh.com/50819248/cambodia-timor-leste-to-boost-economic-cooperation/
Ministry invites exporters to expo in east China
The Ministry of Commerce has invited businesses that wish to export to China to join a three-day virtual and in-person expo set to be held in eastern China’s Shandong province from April 27-29. ...
Hin Pisei
https://www.phnompenhpost.com/business/ministry-invites-exporters-expo-east-china
Young innovators pitch ideas
Seven dynamic startups run by young entrepreneurs pitched their innovative ventures to business leaders and investors from Cambodia and around the world, at the culmination of the Bluetribe initiative, a unique and intensive six-month startup incubation scheme. ...
Sok Chan
https://www.khmertimeskh.com/50810579/young-innovators-pitch-ideas/
Trade with Thailand unchanged amid Covid-19 movement curbs
Cross-border trade between Cambodia and Thailand remains busy as usual despite ongoing lockdowns in parts of both countries to combat the spread of Covid19 in their respective communities, according to senior provincial officials. ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-thailand-unchanged-amid-covid-19-movement-curbs
Illegal imports sinking local aquaculture
While local aquaculture has started to grow significantly in recent years, the business community is increasingly facing competition from illegal imports, according to the Cambodian Aquaculturist Association (CAA). ...
Hin Pisei
https://www.phnompenhpost.com/business/illegal-imports-sinking-local-aquaculture
GDT strives to unfold tax intricacies: official
A senior tax official pledged to facilitate all tax issues for Japanese investors currently investing or doing business in Cambodia to ensure things go smoothly, as part of a broader effort to create productive feedback channels, and improve transparency and operational efficiency, according to the ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-strives-unfold-tax-intricacies-official
7-Eleven retail mall officially opened in Cambodia
CP All Pcl, a Thai multi-product retailer, opens Cambodia’s first 7-Eleven retail store in Sangkat Prek Leap, Khan Chroy Changvar, Phnom Penh in line with its plans to expand its business into the ASEAN region. ...
May Kunmakara
https://www.postkhmer.com/business/2021-08-31-1003-222709.html
Tax collection exceeds $2.56 billion for first 11 months
The General Department of Taxation collected $2.56 billion in tax revenue between January to November this year, exceeding the 2021 targeted plan. Officials and key insiders said the exceeding revenue in the tax sector reflected the government’s efforts on efficient tax collection and the business ...
Chea Vanyuth
https://www.khmertimeskh.com/50988560/tax-collection-exceeds-2-56-billion-for-first-11-months/
Koh Kong aims to develop province’s coastal islands
Koh Kong provincial authorities are compiling detailed data on the 23 islands in the province to facilitate the development of them as the number of tourists is on the increase and businesses continue to show interest in investing heavily in the islands. ...
Lay Samean
https://www.phnompenhpost.com/national/koh-kong-aims-develop-provinces-coastal-islands
Police remind shops: Holding ID cards for collateral an offence
The Kampong Speu provincial police have advised pawnshops and other businesses that allow customers to pay on an instalment plan to stop holding their national ID cards as collateral or face legal action. ...
Lay Samean
https://www.phnompenhpost.com/national/police-remind-shops-holding-id-cards-collateral-offence