News

Electricity investment exceeds $6B

The government attracted more than $6 billion in electricity investment between 2006 and the end of last year. This is in response to rising electricity demands and is in line with government goals to reduce its cost for both commercial and residential users. ...

Thou Vireak
https://www.phnompenhpost.com/business/electricity-investment-exceeds-6b

Private sector urged to maintain good relations with government

Minister of Labour and Vocational Training Ith Sam Heng on Monday urged the private sector to maintain good relations with the government to boost social and sustainable economic development in Cambodia. His comments were made at the Annual Government-Private Sector Forum held at a hotel ...

Niem Chheng
https://www.phnompenhpost.com/national/private-sector-urged-maintain-good-relations-government

New law set to benefit those working in the private sector

Workers and employees in the private sector will receive the same benefits as those in the public sector if they pay their income tax and fulfill other legal requirements. The recently passed Law on Social Security Schemes states that workers and employees in the private ...

Long Kimmarita
https://www.phnompenhpost.com/national/new-law-set-benefit-those-working-private-sector

Tax authority reveals new target

The General Department of Taxation (GDT) has announced that it aims to increase revenue from tax collection by 19 percent with a new strategy for the next four years based on sustainability and fair competition in the private sector. ...

Sum Manet
https://www.khmertimeskh.com/50545986/tax-authority-reveals-new-target/

Cambodia business costs under fire

Private-sector representatives in Cambodia are deeply concerned by the government’s inability to reduce the cost of doing business in the country, and they warn that the country would start to lose investors if the situation did not improve. At a logistics forum hosted by the European ...

The Phnom Penh Post and ភ្នំពេញប៉ុស្តិ៍
http://www.nationmultimedia.com/detail/asean-plus/30338850

Private sector urged to invest in cassava

Government officials yesterday called for more private investment in cassava production, arguing it will help boost and diversify Cambodian exports. ...

May Kunmakara
http://www.khmertimeskh.com/5089297/private-sector-urged-invest-cassava/

Election worries for tourists

Chris Leyland had forgotten about Cambodia’s national elections when he made plans to travel into Phnom Penh from Vietnam with Jess Jackson, 34, and her two children. Had Leyland, a 41-year-old from Oxford, UK, remembered that it wasn’t going to be a normal weekend in Cambodia, ...

http://www.phnompenhpost.com/business/election-worries-tourists

Private side can spark investment

The government has called on private sector partnership for investment in Cambodia’s infrastructure; a move officials say will help funnel more foreign funds into the country. Speaking at a seminar on Public Private Partnership (PPP), the Minister of Commerce, Cham Prasidh, conceded that help was needed ...

http://www.phnompenhpost.com/2013070566681/Business/private-side-can-spark-investment.html

Cambodia’s Small Businesses Serve as Backbone of Sustainable Economy

Cambodian Prime Minister Hun Sen announced in late March that the nation was on target to move from the status of a low-income to a lower-middle-income nation by the end of 2013, ranking it the 15th country that obtained high economic growth in the world in the ...

http://asiafoundation.org/in-asia/2013/05/15/cambodias-small-businesses-serve-as-backbone-of-sustainable-economy/

Local ISP claims licence overlap is causing losses

At least one internet service provider in Cambodia still claims to have overlapping frequencies, which means losses for the affected company MekongNet. The company’s chief executive, Sok Channda, reported that the internet service provider can’t use the frequencies that were supposed to cover the WiMAX service, ...

http://www.phnompenhpost.com/Business/local-isp-claims-licence-overlap-is-causing-losses.html

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