Local petroleum retailers responded to a government deadline yesterday by agreeing to adopt a flexible pricing mechanism to reflect fluctuations in global oil prices, but there will not be any immediate price reductions, according to a Commerce Ministry spokesperson. ...

As world leaders prepare for a major summit on climate change in Paris this December, Cambodian officials say industrialized nations should provide support to lesser developed countries, to offset their contributions to global warming. ...

A rising global demand for dates is behind the memorandum of understanding (MoU) signed in Phnom Penh yesterday between companies from Cambodia, Thailand and Israel, seeking to start growing the fruit in Cambodia within the next 10 years. ...

Prime Minister Hun Sen emerged from a meeting with visiting Burmese President Htin Kyaw on Saturday declaring he did not support the “internationalization” of Burma’s escalating Rohingya crisis, going against mounting global fears of an impending genocide. ...

Angkor Gold Corp, a Canadian mineral exploration company with operations in Cambodia, announced its participation in a three-year project with the Global Compact Network Canada (GCNC) to assist Canadian organisations address the United Nation’s sustainable development goals. ...

A five-year pilot program is being created to integrate arts and culture into public schools throughout the country, and may help Cambodians develop a better understanding of their roots and the creative ability to take on global challenges. ...

Rubber exports have continued to rise in the first nine months of the year, despite the fall and current stagnation of prices as global demand continues to stall, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF). ...

The report, “Freedom in the World 2018”, released on January 16, found that 2017 was the 12th consecutive year of decline in freedom globally, with 71 of the 195 countries included in the report suffering declines, including Cambodia. ...

Woori Bank has decided to acquire Cambodia’s microfinance institution Malis Finance for 5 billion won ($4.9 million) to accelerate its global expansion. The Financial Services Commission approved Woori Bank’s acquisition of Malis on Wednesday, according to bank officials. ...

The ninth annual conference of the Association for Tropical Biology and Conservation’s Asia-Pacific chapter commenced in Phnom Penh yesterday, assembling a host of academics, conservation workers and policymakers to address local and global challenges facing biodiversity in tropical Asia. ...

The International Finance Corporation, a member of the World Bank, and the Global Agriculture and Food Security Program (GAFSP) announced Thursday that they will provide Acleda Bank with a $110 million loan to finance rural and micro-businesses, especially agricultural enterprises. ...

Blistering crop-withering temperatures that also risk the health of agricultural workers could threaten swathes of global food production by 2045 as the world warms, an industry analysis warned Thursday. ...

Cambodia is not alone in looking to China for assistance in her economic development as other nations within the Asean sphere of influence and beyond is also looking at Beijing to provide global leadership to help steer their economic future. ...

Ministry of Environment spokesman Neth Pheaktra on Wednesday blamed climate change and global warming on greenhouse gas emissions from heavy industrial factories and the burning of fossil fuels in developed countries. He said deforestation is only a small contributing factor. ...

Heads of state from nearly 80 countries are heading to Paris (November 30-December 11) to craft a global climate change agreement. The new accord will replace the Kyoto Protocol on Climate Change that expired in 2012. ...

Cambodia, along with six other Asean member countries, reached an agreement to form an alliance of sugar-producing countries ‒ or so the called Asean Sugar Alliance (ASA) ‒ to promote and support the regional sugar industry and make it more competitive globally. ...

In the lead-up to the global climate change conference in Paris later this month, Information Minister Khieu Kanharith yesterday urged the media to increase reporting on the effects of climate change in Cambodia so that citizens can be better prepared for it. ...

If global temperatures continue to rise, Cambodia’s dependence on fishing and its under-developed healthcare and sanitation sectors will make it particularly exposed to the adverse effects of climate change, according to a World Bank report published on Sunday. ...

The Education Ministry will include an internationally agreed disaster risk reduction component in school curriculums from next year as part of a growing global move to teach students and communities how to deal with events such as flooding and major storms. ...

A new set of standards for orphanages that the Ministry of Social Affairs plans to enforce over the coming months, combined with a global move toward community-based care, has at least one organization worried it will be forced to close down. ...