Unstoppable worker outflow dims Cambodia's future prospects
Despite Thailand’s latest effort to stem the flow of migrants, workers from Cambodia continue to cross the border, as they try to flee an economy that offers little reward for their work. ...
Danielle Keeton-olsen
https://asia.nikkei.com/Spotlight/Drifting-Cambodia/Unstoppable-worker-outflow-dims-Cambodia-s-future-prospects
Government reduces tax load on MFIs receiving money from abroad
The Ministry of Economy and Finance (MEF) recently decided to shrink the tax burden for local microfinance institutions (MFIs) by lowering withholding tax on interest from loans acquired from abroad from 14 to 10 percent, a move that the government claims will keep the massive ...
Hor Kimsay
http://www.phnompenhpost.com/business/government-reduces-tax-load-mfis-receiving-money-abroad
NBC’s Chanto: Kingdom’s growth will hit 6% in 2023
The central bank governor has set a six per cent target for Cambodia’s economic growth in 2023 – higher than the 5.2-5.8 per cent forecast by major international institutions such as the Asian Development Bank (ADB), World Bank (WB) and International Monetary Fund (IMF). ...
Rann Reuy
https://www.phnompenhpost.com/national/nbcs-chanto-kingdoms-growth-will-hit-6-2023
Siam Kubota launches Cambodia, Laos units
Siam Kubota Corporation Co Ltd is set to expand its business by opening subsidiaries in Cambodia and Laos as part of its preparation for the launch of the ASEAN Economic Community (AEC) in 2015. Siam Kubota has invested a total of Bt68 million in the two ...
Erich Parpart
http://www.nationmultimedia.com/business/Siam-Kubota-launches-Cambodia-Laos-units-30228172.html
ANZ, MFI partner to bridge financial sectors
ANZ Royal Bank and local microfinance institution Hattha Kaksekar Limited (HKL) on Monday entered into the first partnership of its kind in Cambodia in a bid to bring together clients from either side of the financial spectrum. Following the signing of a Memorandum of Understanding at ...
George Styllis
http://www.cambodiadaily.com/business/anz-mfi-partner-to-bridge-financial-sectors-60902/
Joint project on agri-tech launches in Mondulkiri
The Centre for Excellence on Sustainable Agricultural Intensification and Nutrition (CE SAIN) – a joint development effort by the Ministry of Agriculture, Forestry and Fisheries, the Royal University of Agriculture, Kansas State University in the US and the US government’s USAID development agency – inaugurated ...
Yuth Vireak
https://www.phnompenhpost.com/national/joint-project-agri-tech-launches-mondulkiri
New sub-decree aims to manage non-tax revenue collection
The government yesterday released sub-decree No 72 to enhance efficiency and transparency in the management of non-tax revenue. The new regulation sets the mechanism to be followed when collecting, recording and monitoring non-tax revenue, including income collected from ministries, public institutions, province-level administration and state ...
Sok Chan
https://www.khmertimeskh.com/50502236/new-sub-decree-aims-to-manage-non-tax-revenue-collection/
Ministry scolds park rangers
The Environment Ministry on Tuesday issued two directives reminding park rangers to properly manage their small arms and refrain from donning unsanctioned uniforms. According to the first directive, rangers must follow 10 points on how to properly store their weapons, meet safety standards and when to ...
Pech Sotheary
https://www.khmertimeskh.com/50642429/ministry-scolds-park-rangers/
Government scrubs database that exposed Hun family riches
The Commerce Ministry has scrubbed its website of all corporate shareholder information since last month’s release of a report damned by Prime Minister Hun Sen’s children for shedding light on the first family’s sprawling business empire. ...
Zsombor Peter
https://www.cambodiadaily.com/news/government-scrubs-database-exposed-hun-family-riches-116772/
Ministry to crack down on illegitimate firearm use by cops
Police officers have been committing crimes using firearms supplied to them by their superior officers, according to Ministry of National Defense spokesman General Chhum Socheath. ...
Buth Reaksmey Kongkea
http://www.khmertimeskh.com/news/22274/ministry-to-crack-down-on-illegitimate-firearm-use-by-cops/
Hun Sen promises weekly garment factory visits
Prime Minister Hun Sen announced on Friday that he will make weekly visits to garment factories across the country to better understand the demands and needs of workers, in what some observers said could be an attempt to appeal to potential voters before next July’s ...
Kong Meta
http://www.phnompenhpost.com/national/hun-sen-promises-weekly-garment-factory-visits
Daily silenced after 24 years
After 24 years of fiercely independent journalism, the Cambodia Daily will publish their final edition today due to an “exorbitant” $6.3 million tax bill levelled at them last month – an outcome critics say threatens Cambodia’s free press ahead of next year’s crucial national election. ...
Ananth Baliga and Niem Chheng
http://www.phnompenhpost.com/national/daily-silenced-after-24-years
Comfrel denies links to anti-government plot
The Committee for Free and Fair Elections in Cambodia has denied accusations that its election activities were connected to attempts to foment a popular uprising or “colour revolution”. ...
Khy Sovuthy
http://www.khmertimeskh.com/5088192/comfrel-denies-links-anti-government-plot/
Army, Ministry of Environment agree to cooperate
Environment Minster Say Sam Al and Royal Cambodian Armed Forces Commander Pol Saroeun announced three new points of cooperation following a meeting earlier this week, Saroeun announced on his official Facebook page. ...
Yesenia Amaro and Phak Seangly
http://www.phnompenhpost.com/national/army-ministry-environment-agree-cooperate
‘Thousands of tonnes’ of weapons imported: PM
Prime Minister Hun Sen bragged yesterday about importing “thousands or tens of thousands” of tonnes of weaponry overnight in the run-up to a major joint military exercise with China. “Samdech Tea Banh, the minister of defence, he does not transport flowers,” the premier said to an ...
Ben Sokhean and Mech Dara
http://www.phnompenhpost.com/national/thousands-tonnes-weapons-imported-pm
Government ups plot accusations with new video linking CNRP and US groups to ‘colour revolutions’
In the latest attempt to push its narrative of an impending “colour revolution”, the Press and Quick Reaction Unit released a sweeping, nearly hourlong video, broadcast on multiple television stations on Monday night, attempting to link the opposition’s activities to protest movements in the Middle ...
Mech Dara and Ananth Baliga
http://www.phnompenhpost.com/national/government-ups-plot-accusations-new-video-linking-cnrp-and-us-groups-colour-revolutions
PM warns party of complacency in leaked audio
Two leaked audio tapes, purportedly of Prime Minister Hun Sen speaking candidly to senior officials, appear to hint at insecurities within the ruling party over the controversial dissolution of the country’s main opposition, with the premier warning that the party’s “struggle” didn’t end with the ...
Ben Sokhean, Andrew Nachemson and Mech Dara
http://www.phnompenhpost.com/national-politics/pm-warns-party-complacency-leaked-audio
Probe into Chinese investment to Sihanoukville still idle
A task force established a month ago to address problems stemming from an influx of Chinese investment to Sihanoukville has not received a single report of illegal businesses or taken any enforcement action, with one official maintaining it was impossible to take “serious” action for ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/probe-chinese-investment-sihanoukville-still-idle
Politics not quite all in the family
Kem Sokhon, the brother of Cambodia National Rescue Party deputy president Kem Sokha, is continuing to progress through government ranks. Sokhon – who has been openly critical of his brother’s policies since defecting from the opposition – told the Post yesterday he is now an adviser to senior ...
Meas Sokchea
http://www.phnompenhpost.com/national/politics-not-quite-all-family
‘Cyber War Team’ to monitor web
The Council of Ministers’ Press and Quick Reaction Unit has created a “Cyber War Team” to monitor and collect information from Facebook and other websites in order to “protect the government’s stance and prestige,” according to a proclamation published in the Royal Gazette. The document, signed ...
Matt Blomberg and Kuch Naren
http://www.cambodiadaily.com/news/cyber-war-team-to-monitor-web-72677/