Tax reform looms large for new government
Cambodia’s General Department of Taxation has laid out a series of reforms it says are needed as the 2015 deadline looms for the Asean Economic Community, a single market for trade and development. Strengthening tax collection to increase revenue while nurturing an attractive investment climate is ...
Daniel de Carteret
http://www.phnompenhpost.com/business/tax-reform-looms-large-new-government
British expert trains Cambodian judges
The British Embassy in Phnom Penh on Monday sponsored a training course on company and insolvency law for 150 commercial judge trainees with the aim of supporting legal and judicial reform in Cambodia. The workshop is intended to train Cambodian commercial judge trainees on English ...
Global Times News Staff
http://www.globaltimes.cn/content/841609.shtml#.UvjnIdJmi1I
Cambodia's second stock listing delayed
A Taiwanese-owned garment maker has delayed its planned Cambodia listing by three weeks, setting back what would be just the second initial public offering to be held in this developing Southeast Asian nation. Grand Twins International (Cambodia) PLC now plans to list on May 29, according ...
Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304626304579509390823129458
Mega First boosts spending on Lao dam, Cambodian rubber project
Malaysia’s Mega First Corp Bhd says it increased spending on a controversial dam project in Laos and a new rubber project in Cambodia by 45 percent to MYR 50.4 million ($15.7 million) in 2013. Project development expenditure on the Don Sahong dam on the Cambodian border ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MmI4Yzk4ZDQ4MjA
Bridge project equals prospects for Phnom Penh satellite city
Growth in the property sector has been slow in Kandal province’s Ta Khmau City, 11 kilometres south of Phnom Penh, but that, industry sources say, is likely to change due to improvements to National Road 1 and the fact that the Ta Khmau Bridge is ...
Siv Meng
http://www.phnompenhpost.com/real-estate/bridge-project-equals-prospects-phnom-penh-satellite-city
Mekong hydropower could conflict with other benefits: Kerry
US Secretary of State John Kerry said Saturday that hydropower development along the Mekong River could conflict with other benefits. “You have this tension between the purposes, unless they’re approached thoughtfully and correctly,” he told foreign ministers from the Lower Mekong Initiative gathered in Nay Pyi ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=ZDBkZDVhOTQxOTA
Cambodian telecom firm cooperates with China's Huawei to build 4G network in Cambodia
Cambodian telecommunications company EMAXX signed a contract with China’s Huawei, a global ICT solutions provider, on Wednesday in order to develop EMAXX’s 4G network in Cambodia. The contract was inked between Ai Min, chief executive officer of EMAXX, and Weng Kefeng, deputy general manager of Huawei ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-09/17/c_133650709.htm
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/
Cambodia to host international motor show early next year
Cambodia will host an international motor show from Feb. 12 to 15, aiming to develop the country’s auto industry and attract more tourists, officials said Tuesday. Information Minister Khieu Kanharith said at a press conference that the demand for vehicles in Cambodia has remarkably increased in ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141111/cambodia-host-international-motor-show-early-next-year
Cambodian FM hails China's ties, cooperation with ASEAN, Cambodia
Cambodian Foreign Minister Hor Namhong has lauded China’s excellent ties and cooperation with ASEAN and Cambodia, saying that the close ties have brought peace, stability and development in the region. “China is the first country to establish with ASEAN in 2003 the ASEAN-China Strategic Partnership for ...
Global Times News Staff
http://www.globaltimes.cn/content/895544.shtml
New border crossing set to make trade easier
Planning for the Stung Bot checkpoint on the Thai border is almost finalised, with the construction of new infrastructure to support trade facilitation to be completed by the end of 2018, officials said yesterday. Vasim Sorya, the director general of administration at the Ministry of Public ...
Chan Muyhong
http://www.phnompenhpost.com/new-border-crossing-set-make-trade-easier
Opposition commission heads leaked
The names of lawmakers selected to head five new opposition-led commissions in the National Assembly have been officially announced to Cambodia National Rescue Party members, a senior party official told the Post yesterday. According to the CNRP official, who asked to remain anonymous, of the five ...
Meas Sokchea and Daniel Pye
http://www.phnompenhpost.com/national/opposition-commission-heads-leaked
Angkor Gold announces next step forward for Cambodia's first commercial gold mine
ANGKOR GOLD CORP. (ANK) (“ANGKOR” or “ANGKOR GOLD”) announces that approval from Cambodia’s Ministry of Mines and Energy has been received to proceed with an Environmental Impact Assessment (EIA) on Cambodia’s first royalty-generating gold mine at Phum Syarung. The total area of 12 sq km ...
Market Watch News Staff
http://www.marketwatch.com/story/angkor-gold-announces-next-step-forward-for-cambodias-first-commercial-gold-mine-2014-12-03?reflink=MW_news_stmp
Gov’t forms OCA committee
Thailand and Cambodia are edging closer to rekindling negotiations over the long-contested, and presumably lucrative, Overlapping Claims Area (OCA) in the Gulf of Thailand. State-owned media, Agence Kampuchea Presse (AKP), yesterday reported that the Cambodian government had established a committee charged with negotiating the development of ...
Eddie Morton
http://phnompenhpost.com/business/gov%E2%80%99t-forms-oca-committee
Watching from the sidelines
As Chinese markets plunged 8.49 per cent on Monday sending jitters across global indices, industry insiders yesterday were cautious about its potential spillover effects into the Kingdom, suggesting a wait-and-watch approach to its impact on foreign investment, tourism and the construction sector.Jay Menon, lead economist ...
Ananth Baliga
http://www.phnompenhpost.com/business/watching-sidelines
Private company granted green light for face mask production in Phnom Penh
The Council for the Development of Cambodia (CDC) has granted approval to HK Burltex Manufacturing Co., Ltd. to build a factory for producing face masks and all kinds of bags, according to the CDC’s statement released Tuesday. ...
Phal Sophanith
https://akp.gov.kh/post/detail/28526
Airport infrastructure key for Mondulkiri
The development of tourism in Mondulkiri province will require continued investment in transportation infrastructure – particularly in the region’s airport – which will play a vital role to service both tourists and light freight, according to a senior official at the ministry. ...
Sok Chan
https://www.khmertimeskh.com/50722617/airport-infrastructure-key-for-mondulkiri/
Talks on disputed oil fields to resume
Negotiations on oil and gas development over the long-contested Overlapping Claims Area (OCA) in the Gulf of Thailand between Cambodia and Thailand will be resumed shortly after the viral pandemic ends, according to a Ministry of Mine and Energy’s official. ...
Sorn Sarath
https://www.khmertimeskh.com/50723381/talks-on-disputed-oil-fields-to-resume/
Koh Kong authorities resolve 80 percent of UDG land dispute
Koh Kong provincial authorities said yesterday they have resolved the grievances of 1,000 families involved in a long-running land dispute with Chinese corporation Union Development Group, noting talks are ongoing to resolve the issue with 184 other families. ...
Khuon Narim
https://www.khmertimeskh.com/50732906/koh-kong-authorities-resolve-80-percent-of-udg-land-dispute/
Wind power on horizon
An 80MW wind power investment project in Kampot province will be ready to deliver electricity as soon as the developer completes negotiating a power purchase agreement with state-run electricity supplier Electricite du Cambodge (EdC). ...
Hin Pisei
https://www.phnompenhpost.com/business/wind-power-horizon