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Business

Cambodia Rice Bank (CRB) announced yesterday it was equipped to buy and store up to 100,000 tonnes of local rice.

Mikael Hemniti Winther, the Danish ambassador to Cambodia
Fri, 29 August 2014

Kicking corruption in Cambodia

Danish Ambassador to Thailand and Cambodia Mikael Hemniti Winther discusses Danish business interests in Cambodia, corruption and the unique relationship his office provides for Danish companies looking to invest overseas.

The General Department of Taxation headquarters on Russian Federation and Mao Tse-tung in Phnom Penh
Fri, 29 August 2014

Gov’t pays auditor incentives

The Ministry of Economy and Finance has installed an incentive program that awards employees of the General Department of Taxation (GDT) a share of the penalties incurred by firms found to have unpaid tax accounts.

Thu, 28 August 2014

Vietnam exports fall as Thai trust rises

Bilateral trade between Cambodia and Vietnam fell marginally by 6 per cent in the first half of this year largely due to a slump in Vietnamese exports, according to data from the Vietnamese Embassy in Cambodia.

Since the end of 2012, Smart’s subscriber base has more than doubled to 5.9 million
Thu, 28 August 2014

Smart posts midyear gains

Mobile service provider Smart has outperformed its fellow Axiata Group subsidiaries in the first half of the year, according to the Malaysian conglomerate’s latest financial report.

Last year Cambodia held its first rice festival in Siem Reap
Thu, 28 August 2014

Cambodia to host rice event

After winning the World’s Best Rice Award for two years running at the World Rice Conference, Cambodia has been selected to host this year’s annual event.

Wed, 27 August 2014

Telecom regulator warns fee dodgers

The Telecommunication Regulator of Cambodia (TRC) has issued a warning to 15 companies that offer Voice over Internet Protocol (VoIP) services for allegedly failing to pay their annual fees.

A man passes a box in which to submit complaints outside the Anti-Corruption Unit on Norodom Boulevard in 2010
Wed, 27 August 2014

‘SMEs have role’ in graft fight

Small- and medium-sized enterprises (SMEs) need to intensify self-regulatory efforts against corrupt practices to help foster a stronger business environment, NGO Transparency International (TI) Cambodia said yesterday.

A solar receiver and boiler at Ivanpah Solar Electric Generating System earlier this year
Tue, 26 August 2014

US firms eye $900M projects

A handful of US-based energy firms have met with the government over the past week to discuss plans for two large-scale power-generation projects worth a total of $900 million.

Tue, 26 August 2014

Call to cap CP’s export of swine

A livestock industry representative has called on the government to cap Cambodia’s only live pig export company’s trade with Laos, citing shortages in the local market.