Defense Ministry official asks for military-plate tax exemption
A Defense Ministry official has requested that vehicles bearing Royal Cambodian Armed Forces (RCAF) license plates be exempt from paying the country’s road tax, noting that a recent increase in inspections by tax officials could hurt “military officers’ feelings.” ...
New lotto company enters a shrinking industry
A Hong Kong company is hoping to attract a sizeable slice of Cambodia’s lottery market with the opening of outlets in Phnom Penh and around the country next month, according to the CEO of the firm’s local subsidiary. EGame Solutions, the parent company of Cambodian Mark ...
Cambodia bond a possibility
The launch of an unrated Laotian government bond on Thailand’s bond market could pave the way for Cambodia to issue its own government bond denominated in Thai baht. The Bangkok Post reported yesterday that Thailand’s Finance Ministry and Public Debt Management Office had allowed Cambodia, Vietnam ...
Hun Sen says civil servants to get tax break
Prime Minister Hun Sen said on Thursday that civil servants making less than 800,000 riel, or about $200, a month will be exempt from paying income taxes, just days after the Finance Ministry sent a very different message to the country’s garment workers. ...
Cambodian king appoints new chief for customs and excise department
The Finance Ministry’s general department of customs and excise is getting a new boss after the long-serving general department chief Pen Siman retires, according to a royal decree released to the media Tuesday. ...
Xinhuanet News Staff
Firm calls fraud case a ‘misunderstanding’
The director of the Phnom Penh Municipal Court last week formally accused a property developer of attempting to defraud him of more than $200,000 he paid for a villa in Tuol Kok district when his name was not transferred to the land title, the businessman’s ...
As two prisons are built, use of funds is questioned
Samraong City, Oddar Meanchey province – In December, Kuy Bunsorn, director-general of the General Department of Prisons (GDP), announced that ground would be broken on two new prisons in Pailin and Oddar Meanchey provinces to alleviate chronic overcrowding. Mr. Bunsorn said that the Ministry of Finance ...
Lauren Crothers and Ouch Sony
Amid overcrowding, inmates build new prison
Even within the country’s notoriously overcrowded prison system, inmates in this northern province live in particularly harsh conditions. Approximately 120 prisoners, including 16 women and three children, are held in four cells in the Oddar Meanchey provincial police headquarters. “In one cell we keep 20 or more ...
Lauren Crothers and Ouch Sony
Protesting families demand answers from ADB
Phnom Penh families who face losing a part of their land to a railway rehabilitation project being funded primarily by the Asian Development Bank (ADB) protested in front of the bank’s country headquarters Monday over what they say has been a lack of transparency about ...
Aun Pheap and Zsombor Peter
Hun Sen lambasts disaster management official
Prime Minister Hun Sen lambasted a senior official in the National Committee for Disaster Management (NCDM) on Thursday after announcing that he would allocate money to aid victims of recent floods that have killed a total of 12 people. Speaking at the Chaktomuk Conference Hall for ...
Media agencies warned about gambling ads
The Ministry of Information last week warned media organizations not to publish or broadcast advertisements from gambling outlets unless they have permission from the government to do so, according to a ministry notice obtained Tuesday. “The ministry previously advised [media outlets] to stop all types ...
Brunei imports more than 3,000 tonnes of Cambodian rice
Brunei has imported 3,003 metric tonnes of Jasmine rice from Baitang, Cambodia, said the Supply and State Stores Department, Ministry of Finance. ...
The Cambodia Herald News Staff
Vendors see justice in arrest
The Friday arrest of a local businesswoman who holds the municipal contract to collect parking and stall fees from markets citywide on breach of trust charges came as no surprise to many vendors, aggrieved by what they say are her unfair business practices. Cheav Vibol, deputy ...
Khouth Sophak Chakrya
How Cambodia’s secretive timber auctions are fueling the illegal logging trade
In the predawn hours of May 6, a flatbed truck packed with lengths of illegally logged timber sped past a checkpoint in Ratanakkiri province, knocking aside a police car and racing off. Police later tracked down the truck to a house in Banlung City. In the ...
Zsombor Peter and Aun Pheap
Provinces told to speed up pension applications
In a government directive signed by Prime Minister Hun Sen on Thursday, provincial staff were ordered to submit their lists of military and civil service pensioners to the ministries of Finance and Social Affairs by the second week of each month to ensure timely delivery ...
Customs agreement gets green light at NA
The National Assembly approved changes to the country’s customs law yesterday, in order to comply with Association of Southeast Asian Nations intergration standards. The changes demand border operations increase human resources, reduce paperwork and modernise procedures in order to simplify border exchange and facilitate trade between ...
Veng Sreng Street Upgrade behind schedule
The head of a construction company working to upgrade Phnom Penh’s dusty, potholed Veng Sreng Street said Thursday that the project would take twice as long to complete as expected. In November, Phnom Penh governor Pa Socheatvong announced that a 6.5 km strip of the road—which ...
For Union Leader on Run, Militant Attitude Prevails
Tax revenue increased 9.5 percent to $353.46 million in the first quarter of the year, compared to the same period last year, according to a statement released Friday by the Ministry of Finance’s general department of taxation. Kong Vibol, general director of the taxation department, said ...
Customs and Excise Director to retire
Pen Siman, the general director of the Ministry of Finance’s general department of customs and excise, will retire in October, according to a royal decree signed by King Norodom Sihamoni and reprinted Wednesday in local media. Dated April 3, the royal decree instructs Prime Minister Hun ...
Low salaries stifle education reform efforts
Sao Sothy’s home is small and the furniture is sparse. There are no tables or chairs. In one room, there is a small bed, but her family of four sleeps on mats in the living room. Hanging on the otherwise bare walls is Ms. Sothy’s ...
Emily Wilkins and Sek Odom