Gov’t to monitor prices at pump
The Cambodian government is again urging petrol retailers to pass on savings to the consumer amid the continued plunge in global oil prices, which hit a new five-year low yesterday. The premier’s criticism of foreign fuel retailers comes after the minister of commerce, Sun Chanthol, <a href='https://opendevelopmentcambodia.net/news/govt-to-monitor-prices-at-pump/ ' class='cambodia-color'>...a>
Eddie Morton
http://www.phnompenhpost.com/business/govt-monitor-prices-pump
Police deport 7 Montagnards from Ratanakkiri to Vietnam
As 14 MontAgnArd Asylum seekers continue to evAde Authorities in the forests of RAtAnAkkiri province, An officiAl sAid SundAy thAt police deported seven “VietnAmese JArAi” from the northeAstern province on SAturdAy. RAtAnAkkiri provinciAl police chief Nguon Koeun sAid border police Arrested the seven on SAturdAy in <A href='https://opendevelopmentcAmbodiA.net/news/police-deport-7-montAgnArds-from-rAtAnAkkiri-to-vietnAm/ ' clAss='cAmbodiA-color'>...A>
Aun Pheap
https://www.cambodiadaily.com/news/police-deport-7-montagnards-from-ratanakkiri-to-vietnam-76656/
Bank sector at risk: S&P
The National Bank of Cambodia (NBC) lacks the resources to enforce regulatory standards and bail out underperforming banks during times of need, credit ratings agency Standard & Poor’s says. Cambodia’s banking sector was labelled high-risk, with a score of nine out of 10 on S&P’s2014 Banking <a href='https://opendevelopmentcambodia.net/news/bank-sector-at-risk-sp/ ' class='cambodia-color'>...a>
Eddie Morton
http://www.phnompenhpost.com/business/bank-sector-risk-sp
H.E. Cheang Vun's responding letter to the request by CCC
H.E. Cheang Vun, the head of the 5th Commission, reaffirmed that, as a tradition, after received any draft law from the Royal Government of Cambodia and assigned by the Standing Committee of the National assembly for studying and giving opnions on the texts, special Commissions <a href='https://opendevelopmentcambodia.net/announcements/h-e-cheang-vuns-responding-letter-to-the-request-by-ccc/ ' class='cambodia-color'>...a>
National Assembly
WFP project blends regular and fortified rice
The World Food Programme Cambodia and Green Trade Company yesterday launched a project to blend regular rice with fortified rice to be used to provide free breakfast for children in targeted schools next year. <a href='https://opendevelopmentcambodia.net/news/wfp-project-blends-regular-and-fortified-rice/ ' class='cambodia-color'>...a>
Pech Sotheary
https://www.khmertimeskh.com/50671914/wfp-project-blends-regular-and-fortified-rice
Downsized After Revocation
The Concession Has Been Subjected To Reduction(S) In Size although It Had Been Cancelled Previously. Publicly available Information On Land area Cut From ELCs Does Not Include Maps Or Spatial Data Of Excisions. Thus, ODC Cannot Present Land area Cut In Shapes. as a Result, <a href='https://opendevelopmentcambodia.net/layers/downsized-after-revocation/ ' class='cambodia-color'>...a>
Hun Sen: Gov’t will never sacrifice national interest
Prime Minister Hun Sen on Friday defended his rule against detractors who claim that the government often acts to please certain foreign powers. The prime minister said all his decisions have been for the benefit of the Kingdom and urged countries to support Cambodia’s development <a href='https://opendevelopmentcambodia.net/news/hun-sen-govt-will-never-sacrifice-national-interest/ ' class='cambodia-color'>...a>
Niem Chheng
https://www.phnompenhpost.com/national-politics/hun-sen-govt-will-never-sacrifice-national-interest
CPP sets goals for this year
The Cambodian People’s Party (CPP) on Saturday held its 42nd congress at the Koh Pich Convention and Exhibition Centre in the capital to review its achievements for last year and set this year’s targets. Presided by Prime Minister Hun Sen, who is also CPP president, <a href='https://opendevelopmentcambodia.net/news/cpp-sets-goals-for-this-year/ ' class='cambodia-color'>...a>
Mech Dara
https://www.phnompenhpost.com/national-politics/cpp-sets-goals-year
Ministry cements MoU with eleven social work NGOs
The Ministry of Social affairs, Veterans and Youth Rehabilitation on Friday signed a memorandum of understanding (MoU) with 11 organisations involving $12.7 million in funding to improve the social affairs, social welfare, child welfare, anti-trafficking and disability work in Cambodia. Ministry spokesman Touch Channy said <a href='https://opendevelopmentcambodia.net/news/ministry-cements-mou-with-eleven-social-work-ngos/ ' class='cambodia-color'>...a>
Voun Dara
https://www.phnompenhpost.com/national/ministry-cements-mou-eleven-social-work-ngos
Firm completes purchase of solar project in Banteay Meanchey
Thailand-based energy company B Grimm Power Plc’s wholly-owned subsidiary, B Grimm Solar Power 1, has completed its acquisition of Cambodia’s Ray Power Supply Co Ltd. “[Ray Power] would like to update the progress [of the transaction]. The share transfer has officially completed and approval from <a href='https://opendevelopmentcambodia.net/news/firm-completes-purchase-of-solar-project-in-banteay-meanchey/ ' class='cambodia-color'>...a>
Thou Vireak
https://www.phnompenhpost.com/business/firm-completes-purchase-solar-project-banteay-meanchey
Black gold on the horizon
The Ministry of Mines and Energy signed a petroleum agreement with Cambodia Resources Energy Development Co on exploration of the offshore Block D oilfield. “Signing the agreement allows the company to conduct studies and search for oil in Block D,” Cheap Sour, director-general of Petroleum <a href='https://opendevelopmentcambodia.net/news/black-gold-on-the-horizon/ ' class='cambodia-color'>...a>
Chea Vannak
https://www.khmertimeskh.com/50690818/black-gold-on-the-horizon
Stricter tax collection puts $2.9 billion target in sight
The General Department of Taxation (GDT) announced it aims to collect a total of $2,886 million in tax revenue this year. In January, it had already collected about $239 million, accounting for 8.3 per cent of the annual target and an increase of 14.75 per <a href='https://opendevelopmentcambodia.net/news/stricter-tax-collection-puts-2-9-billion-target-in-sight/ ' class='cambodia-color'>...a>
Chhut Bunthoeun
https://www.khmertimeskh.com/50692368/stricter-tax-collection-puts-2-9-billion-target-in-sight
Regional appeal courts set in motion
King Norodom Sihamoni has issued a royal decree ordering the opening of three regional appeal courts in Preah Sihanouk, Battambang and Tbong Khmum provinces. <a href='https://opendevelopmentcambodia.net/news/regional-appeal-courts-set-in-motion/ ' class='cambodia-color'>...a>
Voun Dara
https://www.phnompenhpost.com/national/regional-appeal-courts-set-motion
NGO calls for climate budget transparency
NGO Forum on Cambodia issued a report on Wednesday which said that from 2000 to 2017, some one million houses were seriously affected by climate change disasters. Yet, government spending on the issue remained relatively limited. <a href='https://opendevelopmentcambodia.net/news/ngo-calls-for-climate-budget-transparency/ ' class='cambodia-color'>...a>
Khorn Savi
https://www.phnompenhpost.com/national/ngo-calls-climate-budget-transparency
Kingdom casts it export net wider to mitigate exit of major US and EU markets
Due to COVID-19’s devastating economic effect causing the collapse of Cambodia’s two major export markets, the United States and the European Union, representing about 75 percent of total market share, is forcing a refocus on expanding the Kingdom’s highly concentrated export market. <a href='https://opendevelopmentcambodia.net/news/kingdom-casts-it-export-net-wider-to-mitigate-exit-of-major-us-and-eu-markets/ ' class='cambodia-color'>...a>
Harrison White
https://www.khmertimeskh.com/50712402/kingdom-casts-it-export-net-wider-to-mitigate-exit-of-major-us-and-eu-markets/
‘No plan’ to reduce electricity bills nationwide
Despite the reduction of electricity tariffs for factory workers suspended due to the COVID-19 pandemic, the Electricity authority of Cambodia (EaC), the autonomous government agency responsible for managing and administering electric power in the country, has said that “a general plan for electricity bill reduction <a href='https://opendevelopmentcambodia.net/news/no-plan-to-reduce-electricity-bills-nationwide/ ' class='cambodia-color'>...a>
Chea Vannak
https://www.khmertimeskh.com/50713248/no-plan-to-reduce-electricity-bills-nationwide/
Traffic law changes in force
The government has amended the Road Traffic Law and updated the fines for all road violations. a sub-decree released on Tuesday said the fine for motorcycle or tuk-tuk drivers and motorbike riders who fail to wear helmets or wear them incorrectly is 60,000 riel ($15). <a href='https://opendevelopmentcambodia.net/news/traffic-law-changes-in-force/ ' class='cambodia-color'>...a>
Voun Dara
https://www.phnompenhpost.com/national/traffic-law-changes-force
Banana exports booming despite pandemic
Cambodia exported 72,182 tonnes of fresh yellow bananas to international markets during the first three months of this year, a Ministry of agriculture, Forestry and Fisheries report said. Most of the bananas were exported to China, with the rest being shipped to Vietnam and Japan. <a href='https://opendevelopmentcambodia.net/news/banana-exports-booming-despite-pandemic/ ' class='cambodia-color'>...a>
Thou Vireak
https://www.phnompenhpost.com/business/banana-exports-booming-despite-pandemic
Fisheries authority chalks up 599 offences
he Fisheries AdministrAtion hAs crAcked down on A totAl of 599 fishing offences in the first three months of the yeAr, including 42 seA fishing offences. This figure is down by 88 cAses from the sAme period lAst yeAr, sAid its report obtAined by The <A href='https://opendevelopmentcAmbodiA.net/news/fisheries-Authority-chAlks-up-599-offences/ ' clAss='cAmbodiA-color'>...A>
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/fisheries-authority-chalks-599-offences
No sign of slowing sales of borey projects despite Coronavirus
Sale prices of Phnom Penh landed property (borey) units showed no sign of slowing down in the past six months. Driven by strong local demand, the average quoted prices accelerated across all unit types, according to the first quarter report from CBRE, a commercial real <a href='https://opendevelopmentcambodia.net/news/no-sign-of-slowing-sales-of-borey-projects-despite-coronavirus/ ' class='cambodia-color'>...a>