Tuesday, December 11, 2018
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Kang Sothear

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Hun Sen Requests Assistance for Migrants in Thailand

Just weeks after Thailand vowed to crack down on migrant workers from neighboring countries, Prime Minister Hun Sen has urged his Thai counterpart to assist in ensuring Cambodian migrant workers have access to required work documentation.

New Tax Exemptions to Raise Take-Home Wage for Workers

Certain non-salary allowances will no longer be included in calculating private-sector salary taxes, the Ministry of Finance decreed last week, in a move tax experts say is designed to help lower-income workers and increase tax compliance among employers.

ADB Offers Cambodia New $1B Loan Package

The Asian Development Bank has committed more than $1 billion in new loans to Cambodia over the next three years to help the country invest in infrastructure, education and other priorities, government officials announced on Wednesday.

Government Considers Delay of Business Registration

Fewer than half of Cambodia’s 42,000 registered businesses have met the government’s deadline for reregistering online, prompting the Ministry of Commerce to consider another extension, a spokeswoman said on Tuesday.

Oversized Truck Crackdown Shifts Into High Gear

The government has issued a new proclamation outlining the legal dimensions of trucks and set up a working group to find and punish those building them to illegal proportions.

Paddy Prices Hit New Low Ahead of Pchum Ben Holiday

Rice paddy prices have taken a new dive to less than $150 per ton ahead of the Pchum Ben holiday in an ongoing crisis that has only deepened despite government intervention earlier this month.

Rice Body Stirs National Pride and Anti-Competitive Enforcement

In an effort to stir national pride and bolster the faltering rice sector, the Cambodian Rice Federation has created a seal emblazoned with the federation’s logo to identify rice that has been grown and milled in Cambodia.

Rice Sector Intervention to Bolster CPP Support, Official Says

The government expects that its rapid intervention to save a rice sector crippled by a sudden slash in domestic paddy prices will boost the ruling party’s popularity ahead of upcoming elections next year and in 2018, CPP spokesman Sok Eysan said on Monday.

Bank Says ‘No Issue’ With Rice Sector After Intervention

The government’s injection of funds into the rice sector and call for officials and wealthy friends to purchase paddy has put the domestic market back into motion after a sudden plunge in prices, according to the Rural Development Bank (RDB).

Central Bank Invites Public to Exchange Damaged Riel Notes

The central bank will allow people to exchange old, mangled or ripped riel notes for new ones at its Phnom Penh headquarters or provincial branches during a first-of-its-kind campaign next week to coincide with the Pchum Ben holiday.

Agriculture Minister Blames Businesspeople for Rice Crisis

With the government scrambling to protect farmers from rapidly falling rice prices, Agriculture Minister Veng Sakhon on Wednesday poured blame on the private sector for boosting competing countries at the expense of Cambodia by importing products that could be sourced locally.

Farmers Block Road Amid Rice Price Crisis

At least 400 farmers piled 100 tons of rice paddy across National Road 5 in Battambang province on Sunday morning, seeking a guaranteed minimum return for their harvest amid frantic government efforts to confront falling prices.

Government Intervenes Over Low Rice Prices

The government has outlined a new three-pronged approach to boost the prices paid to rice farmers, aiming to break the monopoly held by traders in some areas, increase the bargaining power of farmers and press rice millers to pay higher prices.

With Mining License, Mesco Gold Set to Blast

The Ministry of Mines and En­ergy issued Cambodia’s first com­mercial underground mining li­cense to Mesco Gold on Monday, green-lighting the Indian company’s plans to dig some 200 meters into the granite bedrock of Rata­nakkiri province.

CNRP Activists Blocked While Attempting to Register Voters

A group of about 40 opposition activists were prevented from driving around Siem Reap City on Saturday morning in an effort to encourage locals to register to vote in next year’s commune council elections.

Buyers Worried as Housing Projects Scrutinized

As supply continues to outstrip demand in Phnom Penh's housing market, concerns that developers will be unable to finish proposed projects—or repay customers if they fall through—are mounting.

Police Confiscate 34 National IDs With Vietnamese Names

Authorities near the Vietnamese border in Kandal province’s Koh Thom district say they will investigate 34 national identification cards seized from local police because they bear names that “do not sound Cambodian.”

Half a Million Voters Registered by Weekend

National Election Committee (NEC) spokesman Hang Puthea said on Sunday that about 540,000 of the country’s estimated 10 million eligible voters had been registered onto the new voter list as of midday, the fourth day of the three-month registration period.

Indian Mining Firm Prepares to Dig Deep in Ratanakkiri

The Ministry of Mines and Energy is set to issue the country’s first commercial underground mining license to Indian company Mesco Gold in two weeks, despite opposition by residents of two villages concerned about compensation and environmental damage.

Condo Sales Slide as Government Seeks ‘Soft Landing’

Condominium sales have plummeted by 50 percent, real estate developments are stalled and the central bank is working to rein in debt, the Finance Ministry reported yesterday in its first official biannual review of the economy.