Khmer Times
NEC refuses to delay registration
The National Election Committee on February 28 dismissed complaints raised by political parties about the complexity and confusion surrounding the registration process ahead of the June commune elections. The NEC also refused to delay the deadline for political parties to register to be eligible to stand for ...
Schools promote financial literacy
In an effort to promote financial literacy to students in primary and secondary schools, the National Bank of Cambodia and the Ministry of Education, Youth and Sport on February 28 officially launched the “Let’s Talk Money” comic book. The comic book will be additional reading for ...
Bid to end US deportations
The government has decided to address the longstanding problem of Cambodians being deported from the US, with the Foreign Ministry saying on February 28 that they have already submitted a request to the US to stop all deportations of its citizens until a new agreement is ...
Hong Kong firms offer expertise
Companies from Hong Kong with expertise in infrastructure development, real estate-related services and professional services are keen to form partnerships with local investors, said a trade delegation visiting Cambodia. Eric Ma Siu-cheung, secretary for development for the Hong Kong Special Administrative Region, said Cambodia was a ...
Toshiba to build power plant
The Cambodian government has awarded Japanese-owned Toshiba Plant Systems & Services Corporation the concession to construct a coal-fired power generation project in Preah Sihanouk province. Prime Minister Hun Sen, who signed the agreement on February 17, said the new power plant would address the energy deficiency ...
World Bank aid for poor
The World Bank has approved provision of $20 million to help poor and vulnerable families in Siem Reap and Phnom Penh increase their income, build skills and construct small-scale community infrastructure. The bank’s board of executive directors approved the funding for the Livelihood Enhancement and Association ...
Local home loans survive a slowdown
Commercial banks saw strong growth in housing loans last year despite a slowdown in the real estate sector, which could have a knock-on effect and threaten the growth of the country’s services. According to a Ministry of Economy and Finance report released late last month, ...
Old mines destroyed in Pursat
More than 100 landmines and unexploded ordnance were destroyed on February 21 by deminers in Pursat province’s Veal Veng district. District police officer Solie Mesa told Khmer Times on February 23 that a large variety of dangerous material had been found and destroyed. “All those found were remnants of ...
Top brands boycott garment summit
Leading fashion brands including H&M and Zara will boycott a key industry conference in Bangladesh in support of garment workers who have been sacked, hunted or jailed for participating in wage strikes, the companies said on February 22. H&M, C&A, Tchibo and Inditex which owns ...
Tax exemption offered to SMEs
A two-year income tax exemption is being offered to small and medium-sized enterprises that register with the Ministry of Economy and Finance before the end of 2018. According to a sub-decree published on February 22, the decision to offer a tax exemption for SMEs that are ...
