News

Ranger station razed by mob

A mob of some 60 men burned down an environmental ranger station inside Mondulkiri’s Keo Seima Wildlife Sanctuary on Friday, allegedly as revenge against rangers who had previously stopped them from clearing forest, an official said yesterday. Keo Sopheak, provincial environmental department director, said the ...

Microlender in monster deal

Hong Kong financial giant, The Bank of East Asia and Sri Lanka’s LOLC announced on March 17 that they have jointly acquired a majority stake in Prasac Microfinance, Cambodia’s largest microfinance institution by assets, in what could be the largest acquisition of a Cambodian lender to ...

New airline launches in Cambodia

JC International Airlines officially launched in Cambodia on March 18, bringing the number of local airlines to five. JC International Airlines CEO Dongyan Huang said the airline was registered as a local company with an investment capital of $50 million. She said the airline has ...

Government help needed to improve SME market access

KT: How does FASMEC plan to help promote SMEs? Taing Por: In order to liaise with SMEs, FASMEC will open branches in 25 provinces nationwide in May. This will enable investors to be matched with provincial business partners. We will be focusing on SMEs in the ...

Still no warnings on some tobacco packs

Some tobacco producers who sell their products on the local market still refuse to place graphic images and health warnings on cigarette packaging despite a government decree on the matter coming into force several months ago. Mom Kong, the executive director of the Cambodia Movement ...

Study examines road safety

About 60 high school and university students experimented with an interactive tool for learning about road safety at Phnom Penh’s Cambodia-Japan Cooperation Center on March 18, as part of an ongoing study by the Honda Foundation’s International Association of Traffic and Safety Sciences. The study, ...

Probe finds high-ranking officials involved in smuggling timber to Vietnam

An official investigation has found that more than a dozen police, military police and army officials allegedly colluded with Vietnamese timber smugglers to the tune of tens of thousands of dollars in bribes, according to a letter from National Police Commissioner Neth Savoeun. Signed by ...

The Kampong Cham retreat blending bamboo and Buddhism

An eco-tourism project in a remote area near the provincial capital is incorporating unusual style, sustainable design and an opportunity for tourists to connect with the country’s Buddhist traditions. With the midday sun beating down, Vandong Thorn walks towards the edge of a plateau. To ...

River festival to boost eco-tourism

The government’s third annual River Festival in Steung Treng province next weekend will form part of a strategy to attract eco-tourism investment to provinces in the northeast of the country, officials have said. Kong Sophearak, director of the Statistics Department at the Ministry of Tourism, told ...

Kampot pepper prices plunge

Pepper prices in the Kingdom’s largest pepper producing region have fallen over 30 percent in the last year due to growing international supply that is leading to higher competition in the market, an industry expert said on March 16. Hong San, president of the Dar-Memot ...

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