News
New firm seeks to enter gold trading
Golden FX Link (Cambodia) has joined in the running to become a legally licensed firm to trade derivatives. With a registered capital of $5 million, Lawrence Kook, Director of Golden FX Link, said that the company received a license in principle from the Securities and ...
Sand dredging licences secretly soaring
Despite the government’s vow to be more transparent with regulations and the issuing of sand-dredging licences, Cambodia’s Ministry of Mines and Energy has granted nearly 70 new such licences without holding public auctions or requiring companies to disclose environmental impact assessments results to the public, according ...
Ministry findings hint at illegal gold mining in Ratanakkiri
An investigating team from the Ministry of Mines and Energy has concluded that evidence at Chhay Ching Heang Group’s operations in Cambodia’s Ratanakkiri province seemingly points to illegal gold mining, though lab results from minerals extracted by the company are still pending, according to a ...
Sihanoukville is top choice for Russia flight plan
Regularly scheduled direct flights between Cambodia and Russia proposed by Prime Minister Hun Sen last week in Moscow might land in the coastal town of Sihanoukville, an official said on 23 May. “In the meeting, the Russian prime minister pushed for a direct flight from Russia ...
Entrepreneurs want help to boost local goods
The central message delivered to the ministry at launch of the “Buy Khmer Products” campaign in Phnom Penh on 23 May was to take concrete actions to get Cambodian products to the front of supermarket and mart displays. President of Cambodia Women Entrepreneurs Association Ms Keo ...
Health Ministry will levy fines for public smoking offenders
People smoking tobacco in offices, restaurants and other public spaces will have to indulge their habit in clearly demarcated smoking areas or both the smoker and establishment owner will face fines, Cambodia’s Ministry of Health announced. Following the government’s approval in March of a sub-decree banning ...
Amid drought, diarrhea poses severe threat
Teachers at Toul Mead Primary School in Siem Reap province tell students to bring drinking water from home to keep them hydrated in the scorching heat. But water is increasingly hard to come by as the worst drought in decades drags on. There is no free ...
Nutrition shortfalls harming Kingdom's economy, report finds
Malnutrition costs the Cambodian economy an estimated $266 million each year, according to a new report, which urged the government to invest more in tackling the problem. Suboptimal breastfeeding and malnutrition in mothers were also factors, accounting for $36.9 million, which Wieringa said pointed to an ...
Four sentenced for roles in Preah Vihear ELC protest
The Preah Vihear Provincial Court on 17 May sentenced four men for burning a contentious fence during a 2014 protest against an economic land concession in Kulen district held by the FP Malaysia (Cambodia) Plantation. Lor Chan, the provincial coordinator for rights group Adhoc said,“Even though the ...
Drought weighs on fishery production target
While Cambodia’s Ministry of Agriculture, Forestry and Fisheries aims to increase fish production by 1.3 per cent this year, members of fishery organisations believe that is an unlikely target as drought conditions have tapped out natural resources. Eng Chea San, director general for the fishery administration ...
