Daily directors barred from leaving country
The Tax Department yesterday issued a letter asking the Immigration Department to prevent Deborah Krisher-Steele and Douglas Steele – both representatives of the Cambodia Daily – from leaving the country, a day after department head Kong Vibol said he would continue to pursue the tax ...
Niem Chheng
http://www.phnompenhpost.com/national/daily-directors-barred-leaving-country
Japan to aid Institute of Technology
The Japan International Cooperation Agency has signed an agreement with the Institute of Technology of Cambodia to strengthen engineering education and research for industrial development. ...
Pav Suy
http://www.khmertimeskh.com/5083803/japan-aid-institute-technology/
India loan signed to fund dam in Kampong Speu
India’s state-owned Export-Import Bank agreed to loan $36.92 million to the Cambodian government to fund the development of a dam and reservoir in Kampong Speu province. ...
Hor Kimsay
http://www.phnompenhpost.com/business/india-loan-signed-fund-dam-kampong-speu
China, Cambodia to share credit reports
The central banks of Cambodia and China are in talks to share customers’ credit reports in an effort to boost bilateral private investment, as a response to rising trade between the two countries. The National Bank of Cambodia (NBC) director general Chea Serey told Khmer Times ...
May Kunmakara
http://www.khmertimeskh.com/news/32409/china--cambodia----to-share-credit-reports/
Electric proposal Usage-based plan to lower power rates
Cambodia’s electricity regulator is set to roll out seven new plans designed to reduce electricity fees beginning in April and through 2020, with some fees dropping as low as 480 riel per kilowatt hour. ...
Yesenia Amaro and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/electric-proposal-usage-based-plan-lower-power-rates
Cambodian exports to US down
Cambodia’s total exports to the United States declined last year compared with 2015, due to uncertainties in the US presidential race and rising exports from Vietnam and new market player Myanmar. ...
May Kunmakara
http://www.khmertimeskh.com/news/35260/cambodian-exports-to-us-down/
NBC unveils online trading platform
In order to promote interbank transactions and lending, the National Bank of Cambodia (NBC) has officially launched a new online platform which allows financial operators to apply for and trade the central bank’s financial instruments like negotiable certificates of deposits (NCDs), liquidity-providing collateralised operations (LPCOs) ...
Hor Kimsay
http://www.phnompenhpost.com/business/nbc-unveils-online-trading-platform
Rural access to water, sanitation improves
According to the report, the number of people living in rural areas who had access to clean water increased from half in 2015 to 53 percent in 2016, while access to sanitation, such as proper toilets, increased nearly 10 percent to 56 percent. ...
Yuan use gains traction as trade link with China grows
With trade and investment between Cambodia and China steadily increasing, Chinese currency-backed settlements for cross-border commerce have sharply taken off as the Kingdom continues to deepen its economic dependency on the northern giant, a central bank official said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/yuan-use-gains-traction-trade-link-china-grows
Thai-Cambodian border trade still normal
Despite the disputed territory near Phra Viharn Temple, Thai-Cambodian border trade is still normal as 150,000 billion baht cash flow is expected by the end of 2013. According to the Thai Chamber of Commerce (TCC), border trade along the disputed area around Phra Viharn Temple ...
Thailand National News Bureau Staff
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNECO5610270010002
Cambodia earns $2.5 billion from tourism in 2013
Cambodia earned $2.5 billion from the tourism sector last year, a senior government official said Monday. Last year’s income from tourism accounted for around 16 percent of the nation’s gross domestic product and provided jobs directly to about 400,000 people, Sok An said. The Cambodian government ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/140414/cambodia-earns-25-billion-tourism-2013
Exports of rubber up, but prices on the fall
Despite a large increase in exports during the first quarter, natural rubber producers continue to see declining revenues, as world prices fall further. The latest figures from the Ministry of Commerce show natural rubber exports grew 26 per cent during the first quarter of 2014, compared ...
Chan Muyhong
http://www.phnompenhpost.com/business/exports-rubber-prices-fall
Cambodia exports 177,928 tons of rice in January-June, 2014; up 1% from last year
Cambodia exported about 177,928 tons of rice in first half of calendar year 2014, up about 1% from about 175,959 tons rice exported in the same period last year, according to data from the Secretariat of One Window Service of Rice Export Formality (SOWS-REF). ...
Oryza News Staff
http://oryza.com/news/rice-news/cambodia-exports-177928-tons-rice-january-june-2014-1-last-year
Anonymous hacked us: Hun Many’s youth group
The Union of Youth Federations of Cambodia (UYFC), led by Hun Many, Prime Minister Hun Sen’s son, is claiming that one of its Facebook pages was hacked by international “hactivist” group Anonymous. ...
Vong Sokheng
http://www.phnompenhpost.com/national/anonymous-hacked-us-hun-many%E2%80%99s-youth-group
Tax regulation gets a shake up
In an effort to centralise tax registrations and improve taxpayer accountability, the Ministry of Economy and Finance (MoEF) this month passed a raft of changes to the country’s tax registration regulations. Prakas 1139, issued by the MoEF on October 9, states that all legal entities including ...
Eddie Morton
http://phnompenhpost.com/post-weekend/tax-regulation-gets-shakeup
Group contests police report of gateway arrests
Police in Siem Reap City said Thursday that they arrested six people on Wednesday for questioning over an arson attack on a decorative gateway built for the Angkor Sangkranta festival. ...
Khy Sovuthy
https://www.cambodiadaily.com/news/group-contests-police-report-of-gateway-arrests-81784/
Six Cambodian women to be returned from China
Six Cambodian women trafficked to China to become brides and seven Cambodian victims of labor exploitation in Saudi Arabia will be repatriated by the end of the month, the Ministry of Foreign Affairs announced Monday. ...
Kuch Naren
http://www.cambodiadaily.com/news/six-cambodian-women-to-be-returned-from-china-68087/
National cassava body in the works
A year after establishing the Cambodia Rice Federation, the Ministry of Commerce is planning to set up a cassava organisation to boost production of the root vegetable in the Kingdom. According to Ratha, the federation will work similarly to the Cambodia Rice Federation and will ...
Hor Kimsay
http://www.phnompenhpost.com/national-cassava-body-works
Body in Ratanakkiri found to be that of local boy
The body of what villagers had suspected was a Montagnard asylum seeker, found partially buried in Ratanakkiri province’s O’Yadaw district earlier this week, was determined to be the remains of a local teenager who had drowned in a river, a villager said Thursday. ...
Khy Sovuthy
https://www.cambodiadaily.com/news/group-contests-police-report-of-gateway-arrests-81784/
New year holiday brought millions of dollars to Siem Reap, officials say
A three-day holiday in the tourist town of Siem Reap has garnered millions of dollars in economic value, officials said Tuesday. The Angkor Sankranta, held near the famed temples of Angkor Wat, celebrates the Khmer New Year, a lunar holiday that typically falls in April. It ...
Neou Vannarin
http://bit.ly/1JsdBoE