News

Gov’t eliminates inheritance tax on property

Cambodians passing on their property to relatives will no longer have to pay the requisite registration tax, the government announced on Sunday during the ruling CPP’s annual party congress.The directive, signed by Prime Minister Hun Sen, was posted to both the the premier’s personal Facebook ...

Kuch Naren
https://www.cambodiadaily.com/news/govt-eliminates-inheritance-tax-on-property-105072/

Monitor says NEC selection opaque

The watchdog coalition Electoral Reform Alliance (ERA) yesterday voiced concern after the National Election Committee short-listed its incumbent secretary-general Tep Nytha as a candidate to hold the position, accusing the nine-member body of lacking transparency in its selection process. ...

Vong Sokheng
http://www.phnompenhpost.com/national/monitor-says-nec-selection-opaque

Rescues of trafficked migrant workers surge

More than 500 trafficked Cambodian migrant workers were rescued abroad and sent home in 2015, a huge increase compared to 2014 numbers, though largely attributable to a handful of mass repatriations from Indonesia.According to a report by the Foreign Ministry, 573 workers were returned home ...

Sen David
http://www.phnompenhpost.com/national/rescues-trafficked-migrant-workers-surge

Siem Reap hotel protest moves to courthouse

About 200 unionists and past and present employees of Siem Reap City’s Victoria Angkor Resort & Spa on Monday demonstrated outside the Siem Reap Provincial Court against an injunction ordering them to stop protesting outside the high-end hotel, but agreed to disperse when military police ...

Ben Sokhean and Aria Danaparamita
https://www.cambodiadaily.com/news/siem-reap-hotel-protest-moves-to-courthouse-105062/

NBC moves to strengthen banks’ liquidity

The National Bank of Cambodia (NBC) is requiring financial institutions to gradually phase in a higher liquidity coverage ratio (LCR) to ensure sustainable growth in the industry and avoid crises.  ...

May Kunmakara
http://www.khmertimeskh.com/news/19748/nbc-moves-to-strengthen-banks----liquidity/

Psychologist profession remains short: experts warn

According to psycologists working in Cambodia, their lack of peers withing the country is a problem that needs to be addressed. The experts believe that to further develop the country, psychology services should be integrated into many of the key sectors including health, social work, ...

Va Sonyka
http://www.khmertimeskh.com/news/19823/psychologist-profession-remains-short--experts-warn/

For reform agenda, CPP takes cues from CNRP

In the aftermath of the 2013 election, Prime Minister Hun Sen ordered his colleagues in the ruling CPP to stand before a mirror and cleanse themselves of the sins that had almost allowed a united opposition led by Sam Rainsy and Kem Sokha to sweep ...

Alex Willemyns and Kuch Naren
https://www.cambodiadaily.com/news/for-reform-agenda-cpp-takes-cues-from-cnrp-105049/

Tax revenue from casinos rises sharply in 2015

Thanks to improved collection efforts, a total of $34.7 million in taxes was taken in from Cambodia’s casinos in 2015, a 33 percent increase on the previous year, the Finance Ministry said on Monday. Ros Phearun, deputy director-general of the ministry’s finance industry department, said ...

Kang Sothear
https://www.cambodiadaily.com/news/tax-revenue-from-casinos-rises-sharply-in-2015-105069/

Antimicrobial program begins

The Ministry of Health yesterday launched a nationwide program aimed at holding back the spread of drug-resistant diseases.Microbes are continuing to evolve resistance to drugs at an alarming rate all over the world, often due to the unsupervised and inappropriate use of antimicrobials, health experts ...

Igor Kossov
http://www.phnompenhpost.com/national/antimicrobial-program-begins

Two security guards shot outside Phnom Penh nightclub

Two nightclub security guards have been hospitalized with bullet wounds after a drunken reveler shot them with an AR-15 rifle in front of the Manhattan Cafe club in central Phnom Penh in the early hours of on Monday morning, military police officials said. ...

Khy Sovuthy
https://www.cambodiadaily.com/news/two-security-guards-shot-outside-phnom-penh-nightclub-105052/

Lacklustre prices, competition dampen cassava exports

Cambodian cassava farmers are facing dropping prices in the agro commodity this season, as the lack of a domestic market and dependence on exports, which faces competition from neighbouring countries, has led them to call for government intervention. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/lacklustre-prices-competition-dampen-cassava-exports

Surging TV advertising set to continue

With the economy expanding at an annualized rate of about 7 percent over the past two decades, Cambodia has managed to attract more than $42 billion in foreign direct investment (FDI) between 2005 and the end of the first half of last year, even though ...

May Kunmakara
http://www.khmertimeskh.com/news/19668/surging-tv-advertising-set-to-continue/

Approved construction projects’ value soars

The value of construction projects approved by the government in 2015 increased by 33 percent to about $3.33 billion compared to the previous year, according to a government report obtained on Sunday. ...

Kang Sothear
https://www.cambodiadaily.com/news/104943-104943/

PM touts exemption for land bequests

The government has announced its intention to scrap a 4 per cent fee levied on the transfer of property when the transfer is being made as an inheritance. ...

Pech Sotheary
http://www.phnompenhpost.com/national/pm-touts-exemption-land-bequests

Illegal land sales denied in Kandal

A Kandal province businessman yesterday denied involvement in illegal land transactions after villagers in Khsach Kandal district last week alleged he illegally bought and filled parts of a seasonal lake used for communal fishing and farming. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/illegal-land-sales-denied-kandal

Master plan for coastal revival nearing approval

The draft Coastal Master Plan is likely to get approval from the Ministry of Tourism and other ministries in the middle of this year, while Otres Beach has been selected by the ministry as the template ensuring bays and beaches are environmentally friendly in order ...

Sok Chan
http://www.khmertimeskh.com/news/19667/master-plan-for-coastal-revival-nearing-approval/

Railway denies report of new passenger train service

Royal Railway on Sunday refuted a state media report that commercial passenger train service between Phnom Penh and Sihanoukville was imminent. ...

Zsombor Peter
https://www.cambodiadaily.com/author/zsombor-peter/

Rice exports miss the mark again

Five years after setting out an ambitious 1 million-tonne milled rice export target, the rice sector fell well short of the mark last year, exporting close to 550,000 tonnes, with industry experts cautiously optimistic over export increases in 2016. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-exports-miss-mark-again

Bavet workers see pay diminished after strikes

Workers at factories affected by recent garment worker strikes in the Svay Rieng province town of Bavet were paid their salaries on Saturday, suffering wage cuts that have sparked concerns about renewed protests. ...

Mech Dara and Charles Rollet
http://www.phnompenhpost.com/national/bavet-workers-see-pay-diminished-after-strikes

City seeks to halt land sales at Boeung Trabek

Municipal officials said yesterday that they would take steps to combat what they said was the unlawful occupation of portions of Boeung Trabek lake, which the city hopes to clear out to restore its ability to hold rainwater and reduce flooding. ...

Niem Chheng
http://www.phnompenhpost.com/national/city-seeks-halt-land-sales-boeung-trabek

At party congress, CPP gives itself top marks

As senior members of the ruling CPP gathered in Phnom Penh this weekend for their annual congress, the party gave itself a glowing performance review and noted almost no areas for improvement, according to a 49-page report distributed to delegates at the two-day event. ...

Aun Pheap
https://www.cambodiadaily.com/news/104926-104926/

Government to re-examine traffic law

Following a troubled rollout of the January 1 Traffic Law, the government announced yesterday in a press conference that an inter-ministerial team has been established to determine what amendments will be made in reaction to widespread criticism from the public and civil society. ...

Lay Samean
http://www.phnompenhpost.com/national/government-re-examine-traffic-law

Man arrested for alleged death threat against PM on Facebook

A 28-year-old man was arrested and brought in for questioning at Phnom Penh Municipal Court yesterday for allegedly insulting and threatening to kill Prime Minister Hun Sen in a social media post, while a soldier was also questioned this week after a Facebook account linked ...

Phak Seangly, Mech Dara and Shaun Turton
http://www.phnompenhpost.com/national/man-arrested-alleged-death-threat-against-pm-facebook

Latest malaria drug resistance sparks fears

A new study by the U.S. National Institutes of Health (NIH) has confirmed that resistance is growing to one of the key drugs being used to fight malaria in Cambodia, a situation likely to worsen and which could lead to a growing caseload in the ...

Zsombor Peter
https://www.cambodiadaily.com/news/latest-malaria-drug-resistance-sparks-fears-104930/

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