Wednesday, November 21, 2018
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Debra Boyce

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Bank Law Back to Assembly

The Senate returned a critical banking draft law to the National Assembly on Wednes­day, complaining the mandated five days for Senators to debate the...

Newspaper Suspended Again for Insulting King

The Ministry of Information has suspended the pro-Lon Nol era newspaper the Republic News for 30 days for insulting King Norodom Sihanouk, Infor­mation Minister...

Samart Scratched in Appeal on Phone Card

Mobile phone operator Cam­bo­dia Samart lost its appeal Mon­day against a court ruling giving its biggest competitor, Mobi­Tel, exclusive use to a prepaid billing...

Indosat Retains Camintel Stake

Indonesian telecommunications company Indosat has no plans to sell its stake in Cambo­dia’s Camintel phone network, a company executive said Wednes­day. Camintel Managing Director...

Reforms Crucial to Halt Decline, Says Expert

Cambodia’s new government must quickly implement reforms or it will be unable to stop the country’s continuing slide into poverty, according to the executive...

Report Finds Traces of Recovery; Stresses Need for More

Cambodia’s economy is still languishing but there are faint signs of recovery and market vendors are expressing hope in the future, according to a...

Ministers Sign Order to Shut Down Phnom Penh Casinos

The government has an­noun­ced a ban on casinos in Phnom Penh in an attempt to curb a year-long kidnapping wave, top officials said Tuesday....

Confusion, Caution Greet News of Summit

In the wake of Asean’s decision to delay Cambodia’s formal ad­mission, reaction in Phnom Penh was cautious in some quarters, confused in others. But...

Gov’t Freezes Phone Assets

In an effort to recoup millions of dollars owed by telephone companies for unpaid overseas call fees, the Finance Ministry has ordered local banks...

Siem Reap’s Hospitality Industry Gathers Steam, Optimism Operators Feeling Optimistic as Guy Tourism Picking...

siem reap - After months of empty hotel rooms, deserted cafes and forlorn taxi drivers waiting for a fare, tourists are beginning to come...

Seminar Trains Doctors to Bolster Mental Health Care System

siem reap town - Depression has become an easily treatable illness in many Western countries. But in Cambodia, where up to 70 percent of...

Proposed Petroleum Authority Could Be Chaired by Sok An

Minister of the Council of Min­isters Sok An has been pegged as chairman of a proposed petroleum authority. The plan to appoint Sok An...

Development Bank Predicts 3 Percent Growth

The Asian Development Bank has forecasted that Cambodia’s economic growth in 1998 will reach only 3 percent, according to Bloomberg news service. Finance officials...

ADB Loans $40M for Route 1

The Asian Development Bank has promised Cambodia its first loan since 1996, a $40 million package for repairs to Route 1, a government official...

Confusion Reigns Over Introduction of New Tax

With just six weeks left until the new value-added tax comes into effect, the last-minute government decision to move ahead with the VAT has...

$35M Hotel Gets Green Light

Cambodia’s Royal Group has been given the green light to build a $35 million hotel in Siem Reap, according to the state-run investment board....

Value-Added Tax Comes Into Play on Jan 1

The Finance Ministry on Thurs­day announced that the long-awaited value-added tax, or VAT, will be implemented on Jan 1. Starting at the beginning of...

Jute Bags Seized by Customs

Customs officials in Phnom Penh have seized 40,000 jute sacks from the company that runs Battambang’s jute factory, charging that the bags were illegally...

US Seeking Garment Quotas

The US has called for a ceiling on some Cambodian garment exports following a dramatic surge in shirt and sweater ex­ports during the past...

Departing Caltex GM Recalls Cambodia’s Risks, Rewards

With any investment comes risk, and John Raeside has taken ma­ny during his tenure as the first general manager of the US pe­­troleum giant...