Cambodia needs at least another $120 million of investment in rice mills if it is to meet the government’s 2015 target of exporting 1 million tons of rice, Agriculture Minister Chan Sarun said yesterday. While rice exports from Cambodia this year have seen a significant increase ...

The government said yesterday that a gold mine in Kompong Cham province that has damaged about 1 square km of land with chemical waste would cost at least $4 million to clean up. Speaking at a workshop in Phnom Penh on revenue transparency, Sim Sisokhaly, director ...

A Thai energy firm has completed a study for a 1,800-megawatt coal power plant in Koh Kong province, and had asked for Prime Minister Hun Sen’s support in furthering the project, government officials confirmed yesterday. The plant would be the largest power generator in the energy-starved ...

More than 200 families in Prey Veng province protested outside the Pea Reang district police office on Wednesday against electricity providers Elisa Hour and Electricite du Cambodge (EdC), which have both refused to lower electricity rates, despite having made a promise to do so three ...

Net profits at Acleda Bank increased by 86% to $49.4 million in 2011 as the company grew both its deposits and loan portfolio. In a statement released on Friday, Acleda said that loans grew by 35.4 percent to $989.4 million, while deposits at the bank ...

Participants at the Asean Peoples’ Forum have called on regional leaders to halt plans to construct two controversial hydropower dams in Laos and Cambodia because of the large number of people who will be affected and the lack of public consultation. The forum in Phnom Penh, ...

Approximately 65 percent of the country’s 3,492 registered international and local NGOs are inactive, leaving only about 1,350 active NGOs in the country, according to a report issued yesterday by NGO network Cooperation Committee for Cambodia (CCC). The report, “CSO Contributions to the Development of Cambodia ...

Cambodia cassava exports to Thailand resumed yesterday along the Banteay Meanchey province border after Thai commerce officials agreed to expedite the granting of licenses that had prevented 1,600 tons of cassava from entering Thailand, officials and exporters said. The cassava, which had been stuck in trucks ...

Cambodia’s rubber exports increased 23 per cent in the first quarter of this year on the same period last year, while rubber prices continue to decrease, according to figures from the General Directorate of Rubber under the Ministry of Agriculture, Forestry and Fisheries. The data ...

Due to the rapid growth of the Kingdom’s coastal city of Sihanoukville, the amount of rubbish being produced daily has skyrocketed from just 100 to 200 tonnes per day in 2015 to a staggering 1,000 tonnes today, prompting Preah Sihanouk’s governor to request World Bank ...

Cambodia’s Beng Per Wildlife Sanctuary is symbolic of the country’s poor forestry management. Around 2,000 square kilometres (sq km) – around three times the size of Singapore – is lost to illegal logging in Cambodia every year where wildlife sanctuaries – despite their name – ...

An elephant was found dead at a cashew nut plantation in Keo Seima Wildlife Sanctuary in Mondulkiri province’s Keo Seima district on Sunday. Experts initially thought the elephant may have been poisoned by a chemicals used by locals, but later confirmed it had been shot. ...

Cambodia’s economic growth is projected to be highest in the Asean region despite facing several challenges, the International Monetary Fund (IMF) said. In its latest Regional Economy Outlook published on Tuesday, the IMF predicts that the Kingdom’s economic growth will remain strong at seven per ...

Cambodia exported more than $1.2 billion of products to the Japanese market in the first nine months of this year, up 8.4 per cent on the same period last year, data from the Japan External Trade Organisation (Jetro) shows. ...

The government collected $2.40 billion in revenue from taxation during the first 10 months of this year – up 28.31 per cent year-on-year from $1.873 billion – a report from the General Department of Taxation (GDT) said on Monday. ...

The government will scrap its poorly regulated and grossly inefficient estimated-tax regime, which covers mostly small enterprises, and bring all businesses in the Kingdom into the fold of its more-stringent “real” tax regime, leaked documents show.In an unpublished addendum to the 2016 national budget obtained ...

The owners of vehicles sporting police number plates must pay vehicle taxes by the end of the month or face having their vehicles impounded, according to the Ministry of Economy and Finance. In a letter to Interior Minister Sar Kheng, Economy and Finance Minister Aun Ponmoniroth ...

The Authority for the Protection and Management of Angkor and the Region of Siem Reap (APSARA) has set a time schedule for the visit of tourists in the Angkor Archeological Park, reported the state news agency-AKP.The new time schedule, taking effect from Jan. 1, 2016, ...

Cambodia’s economy is expected to grow by 6.9 per cent in 2015, driven by the construction sector, while traditional growth areas, such as garments and tourism, are expected to see a relative slowdown this year, according to a World Bank economic report.Yesterday’s update on the ...

After years of land-grabbing that has eroded a protected forest in Battambang Province, forestry administration officials took a forceful step yesterday to crack down on the problem. In the early hours of the morning, a team from the forestry administration alongside local police entered the ...