Khmer News- Cambodian economy » Cambodian News

Tax revenues from casino sector up 23 percent

vutha — Mon, 14 Feb 2011 02:52:44 +0000

The Ministry of Economy and Finance reported that collecting tax revenues from casino industry increased 23 percent but casino owners felt concerned that the industry is facing challenges of shut-down and bankruptcy because of the decrease of clients.

The number of tax revenue from 20 Cambodian casinos contributed [...]

Government bans broadcast of popular song called “Oh Phnom Penh Euy”

vutha — Tue, 04 Jan 2011 14:16:52 +0000

Ministry of Information issued a letter dated on Monday to ban broadcast of classic song called “Oh Phnom Penh Euy” which was written by Keo Chanda, former municipal official, in the early 1980s.

The letter stated that “The meaning of the song called “Or Phnom Penh Euy” expresses fully enough the [...]

Buying lesson, cake, candy and paying money to teacher are corruption in education sector?

vutha — Tue, 28 Dec 2010 04:22:11 +0000

Schools will be able to be a training school to educate corruption, if schoolboys and schoolgirls are required to buy candy or cakes sold by teachers, or to pay party for teachers, or to buy gifts for teachers at the end of each year. And students have been forced to buy lessons [...]

Anticorruption law and corrupt officials

vutha — Sat, 11 Dec 2010 02:27:57 +0000

Cambodia is the poor and underdeveloped country in the world. It was ranked 154th out of 178 countries on anti-corruption organization Transparency International’s corruption perception index and it was also ranked the second most corrupt Southeast Asian nation after Indonesia in an annual poll by the Political and Economic Risk Consultancy early this [...]

Vehicle Taxes Lucrative for Corrupt Officials: Group

vutha — Sun, 22 Aug 2010 13:35:52 +0000

A watchdog organization says the Ministry of Economy and Finance’s tax collectors are bilking the country out of at least a million dollars a year by overcharging for annual vehicle stickers.

There are more than 2.5 million vehicles registered in Cambodia, and if tax collectors take only 2,000 riel, or about [...]

Hok Lundy killed in crash

vutha — Mon, 10 Nov 2008 07:56:54 +0000

Cambodiaâ€™s National Police Commissioner Hok Lundy was killed in Helicopter crash at around 8:00 mp in evening Sunday in Svay Reing province en route to Bavet town, along as with Deputy Commander of Army, Sok Sa Em and other two pilots, local media reported.

Hok Lundy is the most powerful figure in the [...]

Fine overloaded passenger taxi

vutha — Wed, 15 Oct 2008 08:47:47 +0000

Recently, the Cambodia government will enforce the truck, taxi or vanâ€™s drivers to enforce the road traffic law not to allow passengers to ride on the roof into the city in order to reduce danger. The fine for infractions will range from 7,000 riels (US$1.75) to 10,000 riels. Repeat offenders could be fined as [...]

Real estate market in Cambodia imminent

vutha — Thu, 02 Oct 2008 23:20:16 +0000

Before the July 27â€™s general election, the value of the property market – land and houses – was increasing throughout Cambodia. Land disputes are happening across the country, especially in provinces. The land disputes led to violation and people have been killed. Grabbing land is going up.

Increasing the price of land, the [...]

Lightning is a main killer of Cambodians

vutha — Tue, 16 Sep 2008 02:26:52 +0000

At least 77 Cambodian people have been killed by lightening this year in Cambodia; most of them are the Cambodian citizens living in rural areas. In comparison, the lightning toll is higher than landmine, only nine.

Traditionally, it is believed that when someone is strike by lightning, covering the victims with a white [...]

Low rainfall affects Cambodia rice production

vutha — Tue, 09 Sep 2008 01:27:11 +0000

More than 80 percent of Cambodian people are dependent on agriculture, especially those in countryside. Farming rice in Cambodia mostly depends on the rainwater rather than the irrigation systems. This year, some areas, which do not received the minimum amount of rain needed for rice cultivation, are causing problems for the rice farmers to [...]

Traffic police take strict measure on motorists

vutha — Wed, 27 Aug 2008 01:26:09 +0000

While driving in Phnom Penh, I have seen traffic police stationed at the corner of the traffic lights to stop imposing fine on drivers of motorbike without rear mirror, license plates and wearing helmets in the period of the last week. In case, motorbikes without license plates or plates covered by stickers are sent [...]

What is meaning of Valentine’s Day in Cambodia?

vutha — Thu, 14 Feb 2008 04:55:34 +0000

Day of 14th of February, called Valentine’s Day, is the day that Cambodian young teenagers are waiting for the day and they always regards this day as their special day for their lovers, especially boyfriends and girlfriends. It is diverted that, this day comes, many street flower stall have been set up [...]

BBU Virus spreads cross Phnom Penh

vutha — Fri, 25 Aug 2006 10:37:15 +0000

According to the Cambodia Daily, this is ever first-virus made by Cambodian student between 2004 and 2005. And it infected computers throughout Phnom Penh and some provinces. It’s name is BBU Virus, which stands for Building Bright University.

BBU virus was invented by Ngov Seng Vannak from Kampong Chhnang province. Nowadays, [...]