Tougher disclosure rules for resources giants

US-listed corporations in Cambodia, including Chevron, Total, CNOOC and ConocoPhillips, that are engaged in extractive industries are now required to comply with additional transparency rules. The US Securities and Exchange Commission (SEC) implemented new regulations last week, two years after the legislation was initially passed by Congress. Cambodian monitors ...

http://www.phnompenhpost.com/index.php/2012082858310/Business/tougher-disclosure-rules-for-resources-giants.html

Go Communications buys out Cambodian agency

Malaysia-based GO Communications Group has acquired 100 percent of a public relations agency in Cambodia as a part of its ambitious plan to control a leading PR network in Southeast Asia, chief executive officer Michael De Kretser said In terms of foreign direct investment in Cambodia, ...

http://www.nationmultimedia.com/business/Go-Communications-buys-out-Cambodian-agency-30189095.html

Cambodia-Vietnam trade nears $2 bn

Trade between Vietnam and Cambodia exceeded US$1.9 billion (Bt60 billion) in the first seven months of this year, the High Quality Vietnamese Goods Business Association said yesterday The news conference coincided with Thursday’s opening of a five-day trade fair promoting high-quality Vietnamese goods and the association’s ...

http://www.nationmultimedia.com/aec/Cambodia-Vietnam-trade-nears-$2-bn-30189110.html

Rocket Internet blames poor tax compliance for pullout

Rocket Internet, the successful German-based internet copycat, says that despite its interest in Cambodia’s e-commerce market, tax issues in the Kingdom had forced it to “reposition” its projects. In July, the company launched an online retail site, saying it planned to invest millions in the country’s ...

Customs to get easier for certified firms

Cambodia’s General Department of Customs and Excise will begin certifying firms it deems trustworthy so that their products will have easier passage across the country’s borders, officials have said. The government is working on a program to provide “authorized economic operators” or “AEO” status on approved ...

Provocative Posters Spark Renewed Protests

More than 2,000 garment factory workers protested Saturday and plan to strike today in support of union organizers who face prosecution in court for alleged “incitement” over demonstrations at the plant, a union representative said yesterday. The workers at Ocean Garment factory began demonstrating on Aug. ...

Chinese bank loans seek to aid rice millers

China’s Export-Import Bank officials proposed to provide loans of up to US$70 million for rice milling in an effort to aid Cambodia’s efforts to export a million tonnes of rice by 2015, government officials said yesterday. The bank’s officials visited Cambodia last week to met with Cambodian ...

http://www.phnompenhpost.com/index.php/2012082758282/Business/chinese-bank-pads-million-tonne-rice-goal.html

Cambodia Proposes New Initiatives For Green Tourism

In line with Royal Government policy determining tourism as the Green Gold, 2011 is the year that we commenced mainstreaming the green tourism concept to all stakeholders. Cambodia started some new initiative to inspire green tourism in the country. “The Clean and Green Concept is basically ...

Cambodia And Vietnam Trade Continues To Grow In 2012

Trade between Vietnam and Cambodia exceeded US$1.9 billion dollars in the first seven months of this year, the High Quality Vietnamese Goods Business Association said yesterday. Speaking at a news conference, an association official said Vietnamese exports to Cambodia came to $1.6 billion in the seven ...

Carlsberg for Better Beer Promoter Working Conditions in Cambodia

Women sales promoters working in bars in Cambodia are occasionally exposed to harassment by customers varying from being coerced into drinking and in some cases, being subjected to sexual abuse. Cambodia Carlsberg Group and The Danish Confederation of Trade Unions (LO) have joined forces in a ...

http://www.scandasia.com/viewNews.php?coun_code=dk&news_id=11060

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