Friday, April 20, 2018
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Hang Sokunthea

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Shifting Tourist Market Leaves Handicrafts Behind

A large bus packed with tourists parked outside Phnom Penh’s National Museum, on the tree-lined Street 178, where a row of small art and handicrafts shops eagerly awaited potential customers.

Hong Kong: Proposed Fee for Maids Program May Be High

Hong Kong’s visiting labor secretary on Thursday downplayed reports that the city’s maids were facing regular labor abuse but echoed concerns from rights groups that the fees being considered for a pilot program with Cambodia may be too high.

Agencies With Government Ties to Send Maids to Hong Kong

Six recruitment agencies selected for a pilot program to send Cambodian maids to Hong Kong include two companies with family ties to top government officials that also participated in a similar venture with Singapore that soon became mired in controversy.

AirAsia Launches Flights From Sihanoukville to SE Asian Hub

Sihanoukville’s modest international airport has welcomed the first of four weekly AirAsia jets from its headquarters in Kuala Lumpur, the third country to connect a flight to Cambodia’s coastal city.

Ministry Says Most NGOs Ignore Govt Requirements

Only 200 of some 5,000 domestic NGOs have submitted required banking details to the Interior Ministry, its spokesman said on Monday, as the government steps up enforcement of tax requirements on organizations that may have racked up huge unpaid bills.

Government Digs Into Tax Returns of NGOs, Cambodia Daily

Prime Minister Hun Sen’s Cabinet recommended a new investigation into alleged unpaid payroll taxes at civil society organizations on Friday, according to notes from the meeting.

Website Launched to Provide New Resource for Unregistered SMEs

Only 1 in 10 small businesses are properly registered in Cambodia due to unclear information about what’s required of them, Industry Minister Cham Prasidh said last week at the opening of the “Business Information Center,” a website outlining requirements for new businesses.

Commerce Ministry Inks Rice Export Deal With Bangladesh

In a major deal that could boost Cambodia’s total rice exports by nearly 50 percent this year, local and Bangladeshi officials signed a deal aiming to move 1 million tons of rice over five years, the countries’ representatives announced on Wednesday.

Singapore Company Agrees to Build on Boeng Kak Lake Land

A company run by Singaporean investors has entered into a $71 million joint venture agreement to develop 1 hectare of land on what was previously Boeng Kak lake, though the company’s Cambodia representative on Tuesday said the deal was not yet finalized.

Tourism Ministry Offers Contest to Welcome Chinese Visitors

The Tourism Ministry is pitting attractions around the country against each other in a competition to be the friendliest destinations for visitors from the world’s most populous country.

Tax Revenue Nets $1.2 Billion in the First Half of the Year

Cambodia collected $265 million more in tax revenue so far this year than it did in the same period last year, which experts attributed to improvements to the country’s tax collection system.

UN Chooses Hospitality Restaurant NGO for Mentoring Program

Tree Alliance, a social enterprise focused on training street youth in the hospitality industry, was selected on Wednesday as a finalist in a program that aims to help organizations that contribute toward the

Garment Factories Aiming to Kick Taxes on Footwear to US

Cambodia’s garment factories are hoping to partner with the Commerce Ministry in asking the U.S. to grant the country’s burgeoning footwear exports duty-free access should the U.S. decide to make the option available.

First ‘Islamic’ MFI Eyes Opening by End of Year

The country’s first microfinance institution (MFI) professing to follow Islamic law may begin offering services in Cambodia by the end of the year, officials said on Monday, using fees in place of interest rates and new terms of collateral.

ADB Predicts Increase in Asia’s Growth Rate

Halfway into the year, the Asian Development Bank has raised the estimated GDP growth rate for developing countries in Asia this year and next by a few tenths of a percentage point.

Health App Attempts to Consolidate Data on Medical Care

An app to show listings of health care providers and patients’ reviews has been released by a Cambodian tech startup, introducing a concept into the country that has proven popular abroad.

Co-Working Spaces in Demand as Alternative to Rising Rent

When Duong Kim Hak and his business partner decided to expand their online bookstore to a brick-and-mortar location, the entrepreneurs went for a non-traditional store site that’s growing in popularity abroad and in Phnom Penh: a co-working space.

Another Streaming Service Enters VOD Market to Cut Piracy

Cambodia’s leading film distributor officially released its own paid video-on-demand app just one day after Sabay’s launch of its legal streaming video service made specially for a Cambodian audience.

New Service Is First to Stream Khmer Shows On-Demand

Some popular Cambodian television shows and movies will be made available online through a newly launched video-on-demand service, aiming to offer an alternative to cable TV and pirated streams.

Stock Market’s Newest Listing Struggling to Entice Investors

A little more than a month after joining the Cambodia Securities Exchange, the stock market’s newest listing is struggling to attract much interest.

Latest Headlines

Cambodian journalists charged with espionage denied bail

A court in Cambodia on Thursday declined to grant bail to two journalists who have been charged with espionage for filing news reports to a U.S.-funded radio station.

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