The effects of the USD interest rate hike on Cambodian economy
Anticipation of the US Federal Reserve’s interest rate hike in March is putting developing economies on edge, a recent blog post by the International Monetary Fund (IMF) stated. ...
https://www.phnompenhpost.com/special-reports/effects-usd-interest-rate-hike-cambodian-economy
United Nations removes Kingdom from list of nations that apply torture
Cambodia has been removed from the United Nation’s list of states not complying with Article 17 of the Optional Protocol to the Convention Against Torture and other Cruel, Inhuman and Degrading Treatment or Punishment (OPCAT). ...
Post Staff
https://www.phnompenhpost.com/national/united-nations-removes-kingdom-list-nations-apply-torture
Japanese zoo confirms swap, tries to allay fears
The director of Hirakawa Zoo in Japan has reportedly publicly stated his zoo wishes to acquire two Asian elephants currently housed at Teuk Chhou Zoo in Kampot province as part of a controversial animal swap deal. ...
Charles Parkinson
http://www.phnompenhpost.com/national/japanese-zoo-confirms-swap-tries-allay-fears
Royal group in talks with China, Indonesia on proposed oil pipeline
Cambodian conglomerate the Royal Group is in talks with two foreign state-owned petroleum companies to conduct feasibility studies for an oil pipeline that would run from Sihanoukville to Phnom Penh, a government official has confirmed. ...
Kali Kotoski and Sor Chandara
http://www.phnompenhpost.com/business/royal-group-talks-china-indonesia-proposed-oil-pipeline
PM Inaugurates a new international school in Phnom Penh
Prime Minister Hun Sen presided over here on Saturday the inauguration ceremony of the International School of Phnom Penh (ISPP), an international school in Cambodia, according to the State News Agency-AKP. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/pm-inaugurates-a-new-international-school-in-phnom-penh-8972
Cambodia gets about 320 mln USD investment from ASEAN last year
Cambodia attracted the fixed asset investment of 319.4 million U.S. dollars from its ASEAN member states in 2015, up 56 percent from a year earlier, according to a government report on Tuesday. ...
Song Miou
http://news.xinhuanet.com/english/2016-02/02/c_135068319.htm
Gold, Riel not affected by dollar fluctuations
With global oil prices down and a devalued United States dollar, the price of gold has remained stable and has risen slightly while trade at gold shops has been steady, a gold shop owner said yesterday. ...
Chea Vannak
http://www.khmertimeskh.com/news/23066/gold--riel-not-affected-by-dollar-fluctuations/
Anti-graft czar attacks battambang governor
Anti-Corruption Unit (ACU) Chairman Om Yentieng lashed out at Battambang provincial governor Chan Sophal on Sunday for refusing to let the unit investigate a district governor for allegedly pilfering thousands of dollars of state money. ...
Aun Pheap
https://www.cambodiadaily.com/news/anti-graft-czar-attacks-battambang-governor-114958/
Disgraced official will face no legal action for embezzlement
The disgraced former director of Koh Kong’s provincial agriculture department will not be prosecuted despite admitting to profiting from the illegal sale of state land, Agriculture Minister Veng Sakhon said on Monday. ...
Aun Pheap and Taylor O'connell
https://www.cambodiadaily.com/news/disgraced-official-will-face-no-legal-action-for-embezzlement-115331/
KDIC digs in to recover local Korean assets
South Korea’s state-run deposit insurer opened its first overseas branch in Phnom Penh yesterday in a move to sell off the bank and property assets of Korean banks that went belly up in 2011. ...
Kali Kotoski
http://www.phnompenhpost.com/business/kdic-digs-recover-local-korean-assets
Ministry to push quality control
The Ministry of Industry and Handicrafts (MIH) has started a laboratory and a department to check on the quality and safety of local products to be exported, state news agency AKP reported yesterday. ...
Sum Manet
http://www.khmertimeskh.com/news/37270/ministry-to-push-quality-control/
CSX listed companies show good Q1 results
Two listed state-owned enterprises – Phnom Penh Water Supply Authority (PPWSA) and Phnom Penh Autonomous Port (PPAP) showed better results in the first quarter of the year due to a rise in revenue. ...
May Kunmakara
http://www.khmertimeskh.com/news/38598/csx-listed-companies-show-good-q1-results/
US examines food standards
The United States, one of the Cambodia’s key trading partners, is going to assess sanitary and phyto-sanitary standards in Cambodia, opening up the opportunity for Cambodian agricultural products to be exported to the US. ...
Chea Vannak and Sum Manet
http://www.khmertimeskh.com/5077840/us-examines-food-standards/
ACU says US more corrupt than Cambodia
The chairman of the Anti-Corruption Unit gave a press conference yesterday in which he claimed that corruption was present in every country, and was worse in the United States than in Cambodia. ...
May Titthara
http://www.khmertimeskh.com/5098128/acu-says-us-corrupt-cambodia/
Cambodia Post hopes to deliver for e-giants
State-owned Cambodia Post plans to launch a new e-commerce company in a move to latch onto the growth of online transactions in the Kingdom and diversify its revenue streams, a company executive said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/cambodia-post-hopes-deliver-e-giants
Encryption aid deal inked
Vietnam inked a deal with Cambodia on Friday to provide more than half a million dollars’ worth of training in encryption coding, prompting some to question the wisdom of accepting foreign help to protect state secrets. ...
Vong Sokheng
http://www.phnompenhpost.com/national/encryption-aid-deal-inked
Tycoon to get $200 million for pig farm
To capitalise on a rising demand for pork, a state-owned Chinese company is pouring $200 million into ruling party senator and tycoon Mong Reththy’s pig farm in Preah Sihanouk province. ...
May Kunmakara
http://www.phnompenhpost.com/business/tycoon-get-200-million-pig-farm
Convicted dissident gets green light to register party
The Interior Ministry has given Cambodian dissident Sourn Serey Ratha permission to proceed with the registration of a political party despite the self-exiled government critic’s recent conviction in absentia for plotting an attack on the state. ...
Hul Reaksmey
https://www.cambodiadaily.com/news/convicted-dissident-gets-green-light-to-register-party-79308/
A minister says India has not yet reacted back to Cambodia
Minister of Information Khieu Kanharith said Cambodia has not yet received any reactions from India over Angkor Wat replica in Biha State after sending a protest note to the Ministry of External Affairs of India concerning the plan. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/a-minister-says-india-has-not-yet-reacted-back-to-cambodia-8675
Flood-damaged cars could inundate market
After flooding in May left much of the US state of Texas underwater, auto industry insiders are warning that water-damaged vehicles from the US could start appearing in Cambodian gray market auto dealerships, disguised to look new. ...
Donald Lee and Igor Kossov
http://www.khmertimeskh.com/news/12979/flood-damaged-cars-could-inundate-market/