Warning for illegal MFIs
The governor of the National Bank of Cambodia hit out at unlicensed microfinance institutions or lenders, who he said were the reason why interest rates in the sector were high, despite interest rates falling among registered lenders. ...
May Kunmakara
http://www.phnompenhpost.com/business/warning-illegal-mfis
Rescued bride tally nears 50
Cambodian authorities have rescued 48 Cambodian women cheated into marrying Chinese men since the start of 2015, the Foreign Ministry announced yesterday. ...
Pech Sotheary
http://www.phnompenhpost.com/national/rescued-bride-tally-nears-50
Provinces tapped for appeal court project
Long-awaited regional appeal courts, intended to ease a logjam of pending cases caused by inmate transportation issues, will be unveiled in three provinces next year, Ministry of Justice officials said yesterday. ...
Chhay Channyda
http://www.phnompenhpost.com/national/provinces-tapped-appeal-court-project
Loan growth risks up for debate
Bank deposits and loans during the first half of this year grew significantly as compared with the same period in 2014, with loans alone increasing over 30 per cent, drawing mixed reactions from industry insiders on the risks of this rapid credit growth. ...
Ananth Baliga
http://www.phnompenhpost.com/business/loan-growth-risks-debate
Tourist arrivals in first half rise
Cambodia welcomed around 2.3 million people for the first half of this year, up 4.6 per cent compared to the same period last year, amid concerns from the tourism minister that the Kingdom may not reach its target of 5 million arrivals for 2015. ...
Sor Chandara
http://www.phnompenhpost.com/business/tourist-arrivals-first-half-rise
Locals voice concerns as dredging to restart
Locals in Kandal province’s Sa’ang district are worried that renewed sand dredging will damage their land as the Ministry of Mines and Energy gears up to hand out licences that will make the practice legal once more. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/locals-voice-concerns-dredging-restart
NBTC signs MoU with Cambodia regulator
The National Broadcasting and Telecommunications Commission (NBTC) has signed a memorandum of understanding with the Telecommunication Regulator of Cambodia. The deal involves information exchange and collaboration in many aspects. The move also aims to further strengthen ties between the telecom regulators. ...
The Nation News Staff
http://www.nationmultimedia.com/business/NBTC-SIGNS-MOU-WITH-CAMBODIA-REGULATOR-30267325.html
SMEs urged to register at Taxation Department
Cambodia’s small- and medium-size enterprises should formalise their accounts and register with the Taxation Department to avoid the risk of unpredictable tax collection in the future, industry insiders said at a tax seminar in Phnom Penh yesterday. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/smes-urged-register-taxation-department
We’ll need that in writing: cops
A family calling for what a rights group says is a long overdue investigation into the disappearance of their son during a violent demonstration in Phnom Penh some 19 months ago has been encouraged – if somewhat indirectly – to file a formal complaint with ...
May Titthara
http://www.phnompenhpost.com/national/well-need-writing-cops
Ministry launches code of conduct for private recruitment agencies
Labour Minister Ith Samheng has reminded private recruitment agencies to operate with integrity and strictly adhere to the code of conduct for agencies in order to ensure the safety of workers. ...
Mom Kunthear
https://www.khmertimeskh.com/50685206/ministry-launches-code-of-conduct-for-private-recruitment-agencies
GDT says revenues up 15% in January
The General Department of Taxation (GDT) collected about 956.76 billion riel ($239.19 million) in tax revenue in January, up 14.74 per cent compared to the same period last year. This is a positive step towards its target of collecting more than $2.885 billion by year’s end, ...
May Kunmakara
https://www.phnompenhpost.com/business/gdt-says-revenues-15-january
Ministry supports ‘sexy’ ban
The Ministry of Women’s Affairs plans to form an inter-ministerial working group soon to monitor, disseminate, educate and take action against those who spread and share pornographic pictures or videos on social media. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/ministry-supports-sexy-ban
Credit bureau launches after delays
The Credit Bureau of Cambodia officially commenced operations at its Phnom Penh headquarters on Monday, according to CBC spokesman Steve Vaile ...
Provincial top cops on notice following crime wave
Interior Minister Sar Kheng yesterday took aim at the police chiefs of Battambang, Kandal and Pursat provinces, warning that they should be prepared to lose their titles if they fail to crack down on a recent crime wave.Kheng said the three police chiefs needed to ...
Pech Sotheary
http://www.phnompenhpost.com/national/provincial-top-cops-notice-following-crime-wave
Regulator gears up for mobile pricing showdown
Cambodia’s telecommunications regulator yesterday stepped up efforts to avert a brewing price war between the country’s six mobile network operators, ordering the companies to submit profitability statements within the next 10 days and summoning all operators to a meeting at the end of the month ...
Kali Kotoski
http://www.phnompenhpost.com/business/regulator-gears-mobile-pricing-showdown
IMF urges closer cooperation between statistics agencies in Cambodia
The International Monetary Fund (IMF) says closer cooperation between statistics-producing agencies in Cambodia is “essential” to improve the quality of macroeconomic statistics. ...
Sao Da/AKP
https://www.khmertimeskh.com/50778524/imf-urges-closer-cooperation-between-statistics-agencies-in-cambodia/
New digital platforms to ease tax collection and management
The General Department of Taxation (GDT) has organised an official signing ceremony of the letter of User Acceptance Testing (UAT), and launched the trial of a Data and Information Sharing Automatic System, according to a recent GDT’s press release. ...
Lim Nary/AKP
https://www.khmertimeskh.com/50787198/new-digital-platforms-to-ease-tax-collection-and-management/
Cambodia Chamber of Commerce plans Europe, US offices to boost trade
Cambodia Chamber of Commerce (CCC) is forging on with plans to open representative offices in Europe and the US next year in a bid to shore up trade and draw in more investment, its vice-president Lim Heng told The Post on Wednesday. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-chamber-commerce-plans-europe-us-offices-boost-trade
CCC, securities regulator call for firms to list on bourse
The Cambodia Chamber of Commerce (CCC) and the Securities and Exchange Commission of Cambodia (SECC) on Tuesday called on local companies to list on the Cambodia Securities Exchange (CSX). ...
Thou Vireak
https://www.phnompenhpost.com/business/ccc-securities-regulator-call-firms-list-bourse
Cambodia collected $1.6 billion in tax revenue
The General Department of Taxation (GDT) collected 6,820.48 billion Riel (approximately $1,684 million) in tax revenue in the first semester of this year, a 12 percent increase compared to the same period last year. ...
Chea Vannak
https://www.khmertimeskh.com/50744480/cambodia-collected-1-6-billion-in-tax-revenue/