Cambodian woman dies, 5 others injure after old mortar shell explodes
A war-left mortar round exploded on Friday morning, killing an old woman and seriously injuring five others in northern Kampong Thom province, a provincial military police chief said. “The explosion occurred at 7:40 a.m. local time in Kampong Svay district when a man was hitting ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/23/c_133355659.htm
Amid credit expansion, Riel loans minimal
Cambodia’s credit sector is expanding rapidly with the central bank saying now is the time to start infusing the market with riel and begin a process of de-dollarization in the country’s economy. But as the growth of dollarized loans outstrips those in riel, disbursing credit ...
George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/amid-credit-expansion-riel-loans-minimal-66610/
Illegal wood found near military police base
Environment Ministry officials on Thursday found a cache of more than 400 pieces of illegally logged first-grade wood in Ratanakkiri province’s Lumphat Wildlife Sanctuary, which the ministry oversees, and suspect officers from a nearby military police base of being involved. Thin Ngoal, the sanctuary’s deputy director, ...
Aun Pheap
https://www.cambodiadaily.com/news/illegal-wood-found-near-military-police-base-77008/
Lao leader hails close ties during his state visit to the Kingdom
Cambodia reaffirmed its strong ties with its neighbour to the north during Laotian President Bounnhang Vorachith’s visit to the Kingdom. Bounnhang arrived in Cambodia on Sunday and departed the next day after meetings with National Assembly president Heng Samrin and Prime Minister Hun Sen in ...
Mekong levels to drop as China conducts equipment tests
The Mekong River Commission on Tuesday reported dam equipment tests in China will affect water levels in Cambodia, Thailand and Laos in the middle of this month. In a press release obtained yesterday, the MRC said the tests are being conducted in China’s Jinghong hydropower station ...
Mom Kunthear
https://www.khmertimeskh.com/50675730/mekong-levels-to-drop-as-china-conducts-equipment-tests
Protesters demand speedy land dispute resolution at ministry
More than 700 people affected by land disputes gathered in Phnom Penh on Monday to protest in front of the Ministry of Land Management, Urban Planning, and Construction. The protesters who came from Koh Kong, Kampong Speu, Oddar Meanchey and Preah Vihear provinces demanded a ...
Long Kimmarita
https://www.phnompenhpost.com/national/protesters-demand-speedy-land-dispute-resolution-ministry
Koreans eyeing bank IPO
Korean investors are looking forward to investing in the local stock market as it prepares to welcome Acleda Bank Plc into its main board. With Acleda Bank, one of the largest banks in the Kingdom, scheduled to go public in upcoming weeks, hundreds of Korean businesspeople ...
May Kunmakara
https://www.phnompenhpost.com/business/koreans-eyeing-bank-ipo
Policy against economic risks turns to action
The Ministry of Economy and Finance on Tuesday issued two separate letters to its General Department of Taxation (GDT) and its General Department of Customs and Excise (GDCE) ordering immediate action to mitigate risk to the Kingdom’s economy. ...
May Kunmakara
https://www.phnompenhpost.com/business/policy-against-economic-risks-turns-action
Cambodia wants to attract more Indonesian investors
Cambodia and Indonesia plan to host a Trade and Investment Forum early in June in an efFort to attract more Indonesian investors to the Kingdom. The plans were revealed after a meeting between Indonesian Ambassador to Cambodia Sudirman Haseng and Minister of Industry, Science, Technology and ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-wants-attract-more-indonesian-investors
Children gain opportunities but face risks in age of social media
A Children’s Fund (Unicef) report on the use of social media by children and adolescents in East Asia says that although access to such sites provides children with big opportunities, it also exposes them to the growing risks that accompany the platforms. ...
Voun Dara
https://www.phnompenhpost.com/national/children-gain-opportunities-face-risks-age-social-media
Wind power project deal expected this year
The government expects to sign an agreement with French-owned Blue Circle to develop a wind farm project within the first half of the year, the director-general of the Ministry of Mines and Energy’s General Department of Energy Victor Jona said on Monday. ...
Thou Vireak
https://www.phnompenhpost.com/national/wind-power-project-deal-expected-year
OSK Indochina Bank acquired by RHB Capital
One of Malaysia’s biggest investment banks, RHB Capital, announced it will acquire OSK Indochina Bank, via the transfer of 100 per cent of OSK Investment Bank shares from parent OSK Holdings, giving OSK Holdings a 10 per cent stake in the larger Malaysian RHB Capital ...
Notification to all restaurant owners in Phnom Penh
On 18 May 2020, the Phnom Penh Municipal AdministratiOn issued a notificatiOn to all restaurant owners in Phnom Penh about the precautiOns to prevent the spread of the COVID-19 pandemic. The notificatiOn stated that, if the restaurants do not comply with the Phnom Penh Municipal ...
Phnom Penh Municipal Administration
Cambodia May Lure Up to 10 IPOs a Year, Korea Bourse Says
Cambodia’s stock market, which is set to open next week after several delays, may be able to lure five-to-10 initial public offerings a year, according to Korea Exchange Inc., the Cambodian government’s partner in the bourse. State-owned Phnom Penh Water Supply Authority (PPWSA) will start trading ...
Report fingering tycoon in timber crime taken down
A national police spokesman yesterday said a report alleging that tycoon Kith Meng’s Royal Group was colluding with loggers to launder timber was mistakenly posted on the body’s official site by a “tired” employee who meant to share the information with local reporters but not ...
Phak Seangly
http://www.phnompenhpost.com/national/report-fingering-tycoon-timber-crime-taken-down
Mango producers struggle to meet Korean standards
It has been nearly a year since the government signed a memorandum of understanding with South Korea that aimed to put Cambodian mangoes on the shelves of supermarkets in Seoul, yet local producers say there is little sign of any movement. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/mango-producers-struggle-meet-korean-standards
News release: $29 million ADB loan to help improve public service delivery in Cambodia
On 23 September 2020, the Asian Development Bank (ADB) issued a news release over the approval of $29 milliOn in financing to help the Government of Cambodia improve service delivery through key reforms in public financial management and decentralizatiOn, especially in rural areas, where most ...
Asian Development Bank (ADB)
Cambodia-Thailand trade reaches over $3.4 billion
The two-way trade between Cambodia and Thailand rose by 5.6 percent in the first five months of this year to $3,472 billion, according to the statistics from Thailand’s Ministry of Commerce. From January to May 2020, Cambodia exported $711 million worth of goods to Thailand, ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50748231/cambodia-thailand-trade-reaches-over-3-4-billion/
Press release: Economic and social impact assessment of COVID-19 in Cambodia
On 08 October 2020, the UNDP Cambodia issued a press release of a policy brief that assesses the socioecOnomic impacts of COVID-19 in Cambodia. It was launched yesterday by the UN Development Programme (UNDP) through careful cOnsultatiOn with the Ministry of EcOnomy and Finance (MEF) ...
UN Development Programme Cambodia
Excavation workers uncover UXO units at Kandal pagoda
Experts from the Cambodia Mine Action Center (CMAC) have collected and safely disposed of 43 units of unexploded ordnance (UXO) from an excavation site near Sa’ang Phnom pagoda in Peam Sala village of Sa’ang commune in Kandal province’s Sa’ang district after a work crew excavating ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/excavation-workers-uncover-uxo-units-kandal-pagoda