Prakas set to control tax agents

The Ministry of Economy and Finance (MEF) last month signed a prakas, a ministerial decision, to ensure tax agents’ professionalism, an insider told the Post yesterday.

Huge increase in MFI loans, deposits

More economic activity and a better understanding of using formal financial services among rural residents are leading to good loan performance rates and increases in savings deposits in Cambodia’s microfinance industry, according to industry sources.

Tourism: more info needed

In diversifing its holiday attractions, Cambodia’s tourism industry should focus on three key areas – the country’s northeastern region

Striking a balance on rice standards

Building an industry based on a uniquely Cambodian standard will give rice producers a clear target to work towards and instil confidence in buyers

Logistics business eases

While lack of qualification, delays and traffic issues are still part of the logistics business in the Kingdom, the conditions in the sector have improved with Cambodia’s development, a company official said yesterday.

AFD in talks over power lines

The French Development Agency (AFD) said yesterday it is discussing an approximately 50 million euro ($65 million) loan to extend electricity transmission lines, and said it plans to provide more loans for vocational training in the Kingdom.

Telecoms regulator calls for price meeting

The Telecommunication Regulator of Cambodia (TRC) is calling all mobile phone operators to attend a meeting next week in order to reconsider the costs for within- and across-network calls

Pricey school breaks ground on Koh Pich

The Overseas Cambodia Investment Corporation (OCIC), the developer of Koh Pich, is to invest $5 million to build the Canadian International School of Phnom Penh (CISP).

Thai trade volume declines

Trade between Cambodia and Thailand declined by about 2.5 per cent in the first quarter this year, as the appreciation of the Thai baht led to a slowdown in Thai exports, officials said yesterday.

Acleda ATMs disrupted by power outage

Customers of Cambodia’s largest commercial bank, Acleda, were left high and dry yesterday, unable to access money from the bank’s ATMs after a power outage disrupted its systems.