Rethinking investment laws
Cambodia’s 11-year-old investment law may be the most liberal in the region, according to the World Bank, but in practice, day-to-day business operations are far from simple, economists and business operators say. Mey Kalyan, senior adviser to the Supreme National Economic Council, said that despite a ...
Japan to Open ‘State-of-the-Art’ Hospital in Phnom Penh
Phnom Penh could have its first international-standard medical facility if a Japanese plan to construct a critical-care center equipped with state-of-the-art medical technologies and highly trained doctors, nurses and surgeons goes ahead, according to local officials and Japanese government documents. Japanese Prime Minister Shinzo Abe announced ...
Investment law change-up
Following the announcement of recent reforms to Cambodia’s customs department and Commerce Ministry, a revision of the country’s investment law is planned for next year, according to the secretary-general of the Council for the Development of Cambodia (CDC). Speaking to reporters at a workshop at the ...
Government’s Limits on Information Leaving Voters in the Dark
Reporters in Cambodia seeking statistics from government ministries and departments are used to being given the brush-off from time to time, but in the run-up to the July 28 national election, things appear to have worsened. The Council for the Development of Cambodia (CDC) has for ...
Villagers Camp Out to Protest ‘Land Grab’
More than 100 people from two communes in Kratie province’s Sambor district gathered yesterday for a three-day protest in front of the provincial office of Think Biotech, a Korean-owned timber company villagers say is encroaching on their land. As of yesterday evening, 10 armed policemen ...
Worker Shortage Biggest Threat to Economy
A shortage of workers, particularly those with skills, is the biggest threat to economic growth in Cambodia today, Sok Chenda, secretary general of the Council for the Development of Cambodia (CDC), said yesterday. Speaking at the Greater Mekong Subregion Investment Policy Forum organized by the Organization ...
Japan firms see fresh potential in Kingdom
A delegation of more than 30 Japanese businesspeople yesterday met with the Council for the Development of Cambodia to discuss investment opportunities in the Kingdom, after seeing what they said were vast improvements in domestic legal and tax regulations. However, no definite decisions had yet ...