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Seized timber up for auction

More than $90,000 worth of luxury timber seized during National Anti-Deforestation Committee (NADC) raids in Stung Treng province will be up for public auction until July 29, the Ministry of Economic and Finance announced last week. ...

May Titthara
http://www.khmertimeskh.com/news/27425/seized-timber-up-for-auction/

Crude palm oil exports rise 116%

The export of crude palm oil (CPO) from agro-industrial conglomerate Mong Reththy Group reached 13,000 metric tons in the first six months this year, up a huge 116 percent compared to the same period last year. ...

Chea Vannak
http://www.khmertimeskh.com/news/27856/crude-palm-oil-exports-rise-116-/

Prasac ups paid up capital

One of the Kingdom’s largest microfinance institutions (MFI), Prasac MFI, increased its paid up share capital by $29 million in a bid to increase public confidence and comply with the National Bank of Cambodia’s (NBC) requirements. ...

May Kunmakara
http://www.khmertimeskh.com/news/27959/prasac-ups-paid-up-capital/

Villagers storm Kratie military police compound, take truck

An angry mob stormed a military police compound in Kratie province on Wednesday to retrieve two trucks loaded with wood that were confiscated for not having proper licenses, and two villagers were seriously injured, a rights worker claimed. ...

Aun Pheap
https://www.cambodiadaily.com/news/villagers-storm-kratie-military-police-compound-take-trucks-116262/

Committees to tackle rice woes

The Cambodia Rice Federation (CRF) and the Ministry of Agriculture, Forestry and Fisheries (MAFF) yesterday agreed to create provincial level committees to provide emergency relief to the Kingdom’s beleaguered rice sector, currently in crisis due to falling exports. ...

Sum Manet
http://www.khmertimeskh.com/news/28624/committees-to-tackle-rice-woes/

Cambodia aims to reduce dollarization

Cambodia has designed strategies to give riel (local currency) a boost so as to reduce dollarization, which represents about 80 percent of the currencies circulated in the country, the Central Bank’s senior officials said Tuesday. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-09/29/c_134672213.htm

Loggers threaten Cambodian forest and wildlife preserve

A protected forest and wildlife sanctuary in northern Cambodia’s Preah Vihear province has come under threat of illegal logging, with migrants to the area and soldiers clearing land and cutting down trees, sources say.​ ...

Hang Savyouth
http://www.rfa.org/english/news/cambodia/threaten-10132015165540.html

Hunger drops by nearly 50 percent since 2000

Cambodia has experienced the largest decrease in hunger since 2000 among countries with severe levels of hunger, according to a new report released by three international NGOs, and is close to qualifying as a nation of “moderate” concern. ...

Janelle Retka
https://www.cambodiadaily.com/news/hunger-drops-by-nearly-50-percent-since-2000-97457/

Index Creative Village to tap Cambodian market next year

Index Creative Village, the country’s leading event management company, will expand its business into Cambodia next year by organising trade fairs in response to its clients’ need to capitalise on the Asean economic integration. ...

Watchiranont Thongtep
http://www.nationmultimedia.com/business/Index-Creative-Village-to-tap-Cambodian-market-nex-30271560.html

A protest stages to oust Kem Sokha from position at the National Assembly

Dozen hundred protesters from across Phnom Penh Municipality staged a protest in front of the National Assembly this morning, demanding the NA’s current first deputy president Kem Sokha, to step down from his position. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/a-protest-stages-to-oust-kem-sokha-from-position-at-the-national-assembly-9049

Study shows dengue can be spread back to mosquitoes

A groundbreaking new study on human transmission of the dengue virus conducted in Kompong Cham province has shown that the virus can be spread back to mosquitoes by asymptomatic carriers, who are actually more infectious than those displaying symptoms. ...

Peter Ford
https://www.cambodiadaily.com/news/study-shows-dengue-can-be-spread-back-to-mosquitoes-99911/

Cheap helmets make new safety rules futile

Pon Lichantha was heading home from a market in Kompong Speu province with her mother and father when the rear tire of the Honda Dream they were riding on exploded, sending the family flying off the motorbike and onto the road. ...

Meghan Tribe and Khuon Narim
https://www.cambodiadaily.com/news/cheap-helmets-make-new-safety-rules-futile-100055/

Cambodia must bridge skills gap: report

Cambodia must work to close the skills gap between its labor force and the domestic job market in order to maintain its economic growth, according to a report released on Monday by the Asian Development Bank and the International Labor Organization. ...

Anthony Jensen
https://www.cambodiadaily.com/news/cambodia-must-bridge-skills-gap-report-100518/

Court questions union members over brawl

The Phnom Penh Municipal Court on Friday questioned two members of the Free Trade Un­ion (FTU) over a complaint filed against them for attacking members of another union during pro­tests at a factory in June, a unionist said. ...

Khuon Narim
https://www.cambodiadaily.com/news/court-questions-union-members-over-brawl-101133/

Security to beef up for 8th Congress on AIPA next week

More than 5,000 competent forces will deploy for security and public order during the 8thCongress on the ASEAN Inter-parliamentary Assembly (AIPA) that will be held in Phnom Penh next Monday. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/security-to-beef-up-for-8th-congress-on-aipa-next-week-9091

A concession company returns back its license

A local investment company, Norkor Korkthlok company, owned by Oknha Sieng Nam, recently decided to stop investment on Preah Chey Varaman-Norodom National Park in Kulen Mountain and voluntarily return back to the government. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/a-concession-company-returns-back-its-license-9114

Geopacific’s mine purchase terms amended

An Australian mining firm exploring a significant copper and gold deposit in northern Cambodia has reached an agreement with the tenement’s former owner to amend the terms of its 2013 acquisition of the project, it said this week. ...

Cam McGrath
http://www.phnompenhpost.com/business/geopacifics-mine-purchase-terms-amended

Cambodia still controls ‘three rocks’: scholar

An academic tasked with re­searching the country’s border with Vietnam visited the latest flashpoint of political tension—the “Three Rocks” village in Takeo province—on Wednesday and determined that the boulders were still under Cambodian control. ...

Aun Pheap
https://www.cambodiadaily.com/news/cambodia-still-controls-three-rocks-scholar-108123/

Insurance industry sees double-digit premium growth

Total premiums for general insurance rose 16.4 percent last year to about $61.6 million, from $53 million in 2014, with property, fire, vehicle and medical insurance leading the way, the insurance Association of Cambodia said yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/21463/insurance-industry-sees-double-digit-premium-growth/

Deforestation taskforce files complaint against five companies

The National Anti-Deforestation Committee (NADC) filed complaints to provincial courts against five companies that obtained economic land concessions (ELCs) from the government after discovering irregularities in the companies’ timber stocks after a three-day inspection early this week. ...

May Titthara
http://www.khmertimeskh.com/news/22549/deforestation-taskforce-files-complaint-against-five-companies/

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