Commercial banks and microfinance institutions have acquired more than 209 billion riel in riel liquidity, worth $52.4 million, from the National Bank of Cambodia (NBC) since the central bank began its liquidity-providing collateralised operation (LPCO) in October 2016. ...

Salt producers must now add iodine to their product or face losing their business licence after the government passed a Prakas banning sales of non-iodised salt. The move aims to tackle iodine deficiency, which is considered the leading preventable cause of intellectual and developmental disabilities ...

Negotiations to determine 2019’s minimum wage for garment workers began at the Labour Ministry yesterday with the issue of worker welfare as the first order of business, the Labour Advisory Committee said. ...

Interior Minister Sar Kheng on Wednesday claimed the recent influx of Chinese visitors to Preah Sihanouk province was raising concerns over the condition of ecosystems on the Kingdom’s coast. Speaking during a ceremony to appoint leaders to posts at both the National Authority for Combating ...

About 300 farmers and some civil society organisations yesterday launched a campaign to celebrate Human Rights Day in Svay Rieng province, where they appealed to the government and local authorities to attend to the basic needs of farmers, resolve land issues and promote human rights ...

The EU on Monday announced that it has begun the 18-month process of withdrawing the Kingdom’s access to its preferential Everything But Arms (EBA) agreement over “a deterioration of democracy [and] respect for human rights”. ...

Chinese state-owned iron and steel company China Baowu Steel Group Corp Ltd has unveiled plans to relocate its blast furnaces from Xinjiang Autonomous Region in the northwest of China to Cambodia, which will be the first overseas Baowu production plant, a Reuters report on Wednesday ...

Cambodia’s business sector is exploring ways to mitigate any fallout from a possible loss of access to the EU’s Everything But Arms (EBA) agreement as talks continue before the 28-member bloc makes a final decision. The EU monitoring process is set to conclude in mid-August, ...

The defense lawyer for the late Khmer Rouge Brother Number Two Nuon Chea claimed on Wednesday that his death rendered him “legally innocent”. Hence, Doreen Chen called on the Supreme Court Chamber of the UN-backed Extraordinary Chambers in the Courts of Cambodia (ECCC) to declare ...

Next year’s basic minimum wage has been increased by 4.4 per cent to $190 a month from $170 per month last year after the final round of negotiations ended in a vote last week, the Ministry of Labour and Vocational Training announced. ...

Cambodia will host the 22nd Asean Banking Conference and the 49th Asean Banking Council Meeting, Association of Banks in Cambodia (ABC) president In Channy said on Thursday. Channy told The Post that the event will be organised by the ABC and will be held from ...

The government welcomes investment from Germany in the Kingdom’s solar and renewable energy sector as local demand for electricity continues to rise between 15 to 20 per cent annually, Ministry of Mines and Energy official Victor Jona said on Tuesday in Phnom Penh. ...

The Garment Manufacturers Association in Cambodia says unions and their demands for higher wages are rattling the country’s industry and could lead to a decline in buyers, factories and jobs. ...

The United Nations’ human rights agency in Geneva has urged Cambodia to abide by its obligations not to forcibly return 13 Montagnard refugees to Vietnam and to register the claims of hundreds more asylum seekers living in limbo in Phnom Penh. ...

Cambodia’s securities regulator signed a memorandum of understanding with the International Finance Corporation (IFC) yesterday for technical assistance on corporate governance standards and practices in the Cambodian capital market. ...

The government approved more than $1 billion worth of domestic and foreign direct investment in the first quarter of the year, down sharply from the $2.8 billion approved in the same quarter last year, figures released by the Council for Development of Cambodia (CDC) yesterday ...

Before it takes action on ‘relocating’ Indian tigers, Cambodia’s forestry administration is on a special mission – scouting for signs of indigenous tigers in its dense jungles, where according to reports they are “functionally extinct”.   ...

The Environment Ministry on Friday released its final study on the algal bloom that forced swimmers out of the water in Kep province in early April, stating no chemical substances were found in the bloom that would have negatively affected human or animal health. ...

The ancient Silk Road sprawled across tens of thousands of kilometers, reaching east to west from Ja­pan to Venice and passing through five seas. Together, the road and maritime trade routes linked more than 40 countries throughout Asia, Europe and Africa, fostering early globalization.   ...

On 25 July 2016, Ministry of Agriculture, Forestry and Fisheries  announced that by the end of the first half of this year, Ministry of Agriculture had collected about $600,000 in taxes from economic land concessions (ELCs) from 21 of the 233 private companies that received ...