News
Lack of construction regulations a concern
Cambodia is experiencing a runaway property boom that must be constrained by laws and regulations in order to draw investment from European developers, which are largely absent in the country, experts said at an industry conference in Phnom Penh on Wednesday. Simon Griffiths, senior manager at ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/lack-of-construction-regulations-a-concern-68862/
Four years on, arbitration center a step closer to taking cases
Nearly four years after it was established by the Commerce Ministry and one year on from its official launch, the National Commercial Arbitration Center (NCAC) held its first annual assembly Friday. The NCAC was set up in 2010 to provide businesses with an alternative to the ...
Ang Sothear and Holly Robertson
http://www.cambodiadaily.com/business/four-years-on-arbitration-center-a-step-closer-to-taking-cases-63898/
Railway leaves area in limbo
In 2009, a railway project official arrived at 45-year-old Ry Preng’s home in Por Sen Chey district and spray-painted “1.042” in red on the side of his house. He wasn’t sure what it meant, but was told that at some point he would need to ...
Daniel de Carteret
http://www.phnompenhpost.com/business/railway-leaves-area-limbo
Caution: Work Ahead
Émile Coué was a French psychologist who introduced a method of self-improvement based on optimistic autosuggestion. “Every day, in every way, I’m getting better and better,” was his mantra. He died in 1926 and probably never visited Cambodia, but his spirit has been hovering over ...
Property Tax to Generate $6M for Phnom Penh
Phnom Penh City Hall has estimated it could receive about $6 million in revenue next year from property tax collection, which started recently. City Hall released some tax calculation methods on its website last week and said that “based on the estimation of the technical ...