In order to promote interbank transactions and lending, the National Bank of Cambodia (NBC) has officially launched a new online platform which allows financial operators to apply for and trade the central bank’s financial instruments like negotiable certificates of deposits (NCDs), liquidity-providing collateralised operations (LPCOs) ...

With the fate of the CNRP still in the Supreme Court’s hands, the National Assembly yesterday paved the way for all of the main opposition party’s seats to be handed over to a smattering of smaller parties and, at the local level, to the ruling ...

The government has already provided $9 million from its emergency rice loan fund to the Kingdom’s rice millers since the harvest season began in September, nearly triple the amount it provided when it first launched the initiative last year when millers showed little appetite for ...

The government has unveiled four strategies to eliminate malnutrition in the country, especially among children. Prime Minister Hun Sen is enlisting state institutes, partners and NGOs to join the fight to eliminate malnutrition as the country holds national nutrition day today. ...

Agriculture Minister Veng Sokhon said he would ask Prime Minister Hun Sen to take action to help farmers compete against neighbouring countries, including further measures to address high electricity costs, as the sector mapped out its challenges for the year at a ministry-led forum in ...

The Chinese government has pledged to assist the Environment Ministry with improving water quality control, providing equipment and about $1 million in funding. The announcement came at a meeting yesterday between undersecretary of state Eang Sophalleth and Wang Dongsheng, the vice president of the Chinese Academy ...

Community patrols in Mondulkiri province confiscated more than 500 snares and 80 chainsaws last year while arresting seven people and warning 57 others over illegal activities. According to a Wildlife Conservation Society statement issued yesterday, the patrols were led by Environment Ministry officials and members of ...

Cambodia Airports welcomed more than five million passengers and 53,000 flights in the first nine months of the year, representing an increase of 6.2 percent and 2.8 percent respectively compared to the same period last year, according to a report released by the company yesterday. ...

Mobile phone technology could be an effective means to promote improved health practices among Cambodia’s female entertainment workers and help curb the spread of HIV, according to a new study conducted by the organisation KHANA and the Center for Global Health Research at Touro University ...

Minister of Labour Ith Sam Heng yesterday fingered large end-of-contract severance payments as a prime reason owners flee when their factories go bankrupt, suggesting the introduction of a yearly bonus scheme and fortnightly salaries would “reduce the risk” of garment workers being left in the ...

Global credit rating agency Moody’s Investors Services has maintained Cambodia’s B2/stable sovereign rating, stating in its latest credit opinion on the Cambodian government that the rating was underpinned by the Kingdom’s credit strengths, specifically its healthy growth prospects and a stable external payments position. ...

A four-month government campaign has exposed 730 cases of illegal fishing on Tonle Sap lake. Noa Thuok, secretary of state at the Ministry of Agriculture, said 30 people have been sent to court so far as a result of the inter-ministerial crackdown, which began in December. ...

A high-profile investigation into corruption charges levelled against Mondulkiri police officials for colluding with Vietnamese timber traders has been transferred from the provincial court to Phnom Penh due to a lethargic investigation by local police, many of whom are involved in the case, a court ...

Opposition lawmaker Son Chhay yesterday submitted a letter to National Assembly President Heng Samrin to forward to Minister of Mines and Energy Suy Sem requesting more information on sand-dredging operations and a sand-processing facility in Koh Kong province, following a​​ recent ban on exports from ...

Cambodia’s telecommunications regulator has called on seven mobile network operators to give an assurance by September 1 that they have registered all their subscribers in accordance with a directive from the Ministry of Posts and Telecommunication and the Ministry of Interior. ...

Cambodia’s banking sector has grown enormously on solid foundations since being rebuilt from scratch in 1979, central bank Governor Chea Chanto said yesterday during an event marking the 38-year anniversary of the re-establishment of the National Bank of Cambodia (NBC) after the fall of the ...

Singapore’s KrisEnergy, the operator of Cambodia’s offshore Block A in the Gulf of Thailand, announced late last week that it has submitted documentation to the Ministry of Environment for a proposed 1,200-square-kilometre 3D seismic survey of its offshore tenement next year. ...

An ethnic Phnong community in Kratie province’s Snuol district has accused local officials and soldiers of grabbing over 1,000 hectares of community forest and threatening the lives of local villagers for years, with the rights group Adhoc yesterday saying they would take the case to ...

Senior military official and son of the prime minister Hun Manet yesterday joined his father in using an event to commemorate the overthrow of the Khmer Rouge as an opportunity to voice authorities’ commitment to thwarting any attempts to topple the current government through a ...

Ruling party lawmaker Pen Panha gave a lecture yesterday at the Royal School of Administration to students on the opposition’s alleged attempt at “colour revolution” – an allegation used to dissolve the Cambodia National Rescue Party in November, with virtually no evidence presented to the ...