News
Phu Yen calls for emergency aid after floods
The flooded central province of Phu Yen Province has called for Government emergency aid of 1,000 tonnes of rice and over one tonne of medicine and medical supplies. The province sustained the most damage in the south-central region from recent rains and flooding, with an estimated ...
Minister slams UN rep over alleged ‘prejudice’
Foreign Minister Prak Sokhon slammed UN Office for the High Commissioner for Human Rights country representative Wan-Hea Lee for alleged “prejudice” in a two-page missive released on November 4. The letter was sent to UN Development Project resident representative Claire Van der Vaeren, blasting Wan-Hea ...
Rice standards run out of steam
The government is seeking funding to complete its effort to draft standards for 11 local varieties of rice as part of an initiative aimed at facilitating efforts to market Cambodia’s most important agricultural crop, a government official said on November 6. Chheng Uddara, a department ...
Gov’t to borrow over $1B this year: report
The government expects to borrow nearly $1 billion from external creditors this year, primarily for infrastructure development, pushing the national debt over $6 billion, according to a report issued on November 4 by the Ministry of Economy and Finance. About a third of this amount, some ...
IMF urges more efforts to cool rapid credit growth
Rapid credit growth continues to pose a risk to financial stability in Cambodia, requiring more regulation to reduce the impact of a possible economic downturn and more adequate assessments of loan defaults in at-risk sectors, the International Monetary Fund said in its latest Article IV ...
Local MFI relaunched after South Korean buyout
Cambodia’s booming microfinance sector continues to attract international investors, with a South Korean financial institution the latest to buy out one of the Kingdom’s myriad microlenders. The Seoul-based Welcome Financial Group announced on November 4 that it had acquired the full shareholding of Green Central ...
Authorities meet on proposed Law of Treaties
Authorities from eight northern provinces met in Bokeo province recently to discuss a proposed draft law of treaties and international agreements. The draft law would be the first law issued by the Ministry of Foreign Affairs and would set the principles, regulations and procedures for ...
Laos, Russia to partner in scientific studies
Laos and Russia have agreed to share their work with the aim of furthering academic cooperation in scientific research. An agreement on the partnership was reached on November 4 between the National Research Tomsk State University of the Russian Federation and Laos’ Ministry of Science and ...
Media law approved, but needs more changes: Assembly
National Assembly members have called for media outlets, individuals and entities that operate within the industry to be more clearly defined by law to ensure the media contributes positively to national protection and development. Members highlighted these points when debating a draft amendment to the ...
Attempts to curb electric fishing failing
Poachers are defying the law and risking imprisonment by continuing to use electric-shock methods to stun and catch fish, conservationists say. They say the practise is inflicting serious damage on the ecosystems of the Ayeyarwady River. The use of batteries to stun fish, as well ...
