News

A spate of reports by WorldFish, an international organisation that researches how fisheries can help reduce poverty and hunger, illustrates how the fishing industry supports the economic survival of many of the Kingdom’s inhabitants. The reports give an inside look at the role fisheries play ...

The World Bank has approved provision of $20 million to help poor and vulnerable families in Siem Reap and Phnom Penh increase their income, build skills and construct small-scale community infrastructure. The bank’s board of executive directors approved the funding for the Livelihood Enhancement and Association ...

Cambodia, home to a number of large ivory busts in recent years, has rejected calls to destroy its stockpiles – the preferred method internationally for dealing with the seized contraband – with government officials saying they plan to exhibit it instead. Prime Minister Hun Sen ...

Cambodia’s war on drugs is in full swing, routinely grabbing headlines as ever-growing numbers of suspects – more than 4,000 so far, most of them users – swell the Kingdom’s jails. But behind the high-profile raids, the campaign is having an alarming, albeit hidden, side ...

Commercial banks saw strong growth in housing loans last year despite a slowdown in the real estate sector, which could have a knock-on effect and threaten the growth of the country’s services.​ According to a Ministry of Economy and Finance report released late last month, ...

More than 100 landmines and unexploded ordnance were destroyed on February 21 by deminers in Pursat province’s Veal Veng district. District police officer Solie Mesa told Khmer Times on February 23 that a large variety of dangerous material had been found and destroyed. “All those found were remnants of ...

Singapore-listed KrisEnergy Ltd is considering selling or farming out a stake in its Cambodia Block A offshore oilfield to ease its debt burden, according to the company’s 2016 year-end report. The oil and gas company posted $237.1 million in net losses for the 2016 fiscal ...

Cambodians spent over $100 million on imported meat last year, further widening the gap of domestic supply as local producers failed to capture the lucrative protein market, a government official said on February 23. Lor Reaksmey, spokesman for the Ministry of Agriculture, said Cambodia’s heavy ...

Ministry of Environment officials on February 22 said an inspection team will be deployed to investigate the recently halted sand-dredging operation for the development of the Sihanoukville Autonomous Port’s new multipurpose terminal, which has affected local families. Danh Serey, director of the ministry’s environmental impact assessment ...

A two-year income tax exemption is being offered to small and medium-sized enterprises that register with the Ministry of Economy and Finance before the end of 2018. According to a sub-decree published on February 22, the decision to offer a tax exemption for SMEs that are ...