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Report Says Quarter of Forests Have Been Cleared in 40 Years

Cambodia has lost almost a quarter of its forests in the past 40 years due to rapid development and China’s demand for timber, according to a new report released yesterday by the World Wildlife Fund (WWF) on the Greater Mekong Region. Looking at five countries in ...

http://www.cambodiadaily.com

Increased residential, office and retail demand fueling rise in construction imports

Cambodia spent more than $414 million on imported construction materials to meet increasing demand in the local construction and property sectors last year – a rise of 7 per cent compared to 2012. According to officials and industry insiders, the increased value of imports reflected steady ...

Sum Manet
http://www.phnompenhpost.com/real-estate/increased-residential-office-and-retail-demand-fueling-rise-construction-imports

General in land dispute with another General

A two-star army general was arrested Friday on charges of defamation because he lost a court case over a dispute with a land broker and a formerly high-ranking police official, his lawyer said. Major General Chea Dara’s lawyer, Put Theavy, said yesterday that the dispute ...

Eang Mengleng
http://www.cambodiadaily.com/news/general-in-land-dispute-with-another-general-57522/

PM orders ministries to step up in battle against pollution

To ensure public health and safety, Prime Minister Hun Sen on Thursday signed a directive calling on relevant ministries, institutions and sub-national administrations to lead the charge on reducing air pollution in the Kingdom. The directive said that measures carried out by the authorities to ...

Ry Sochan
https://www.phnompenhpost.com/national/pm-orders-ministries-step-battle-against-pollution

Lone Strawberry Farmer To Expand His Business

Cambodia’s lone strawberry farmer has expanded his operations in Mondolkiri province in the past four months to encompass 3 hectares of strawberry fields, a provincial official said yesterday. Heng Sokhum, chief of Mondolkiri provincial agricultural department, said that the strawberry farm of Te Duong Dara ...

Inflation rates driven by increases in food prices

The Kingdom’s consumer price index tracked a 1.4 percent increase in May over April, according to National Institute of Statistics’ latest figures. Prices at the end of May were 6.5 percent higher than the same date the year previous, the figures show. Experts said Cambodia’s ...

http://www.phnompenhpost.com/index.php/2011070650211/Business/inflation-rates-driven-by-increases-in-food-prices.html

First highway to break ground in November

Construction of the Kingdom’s first-ever highway, stretching 190 kilometres to connect Phnom Penh and Sihanoukville, was confirmed to start in November. The highway will begin in Phnom Penh’s Chaom Chao area, starting at street Tom Nop Kop Srov, which links national roads 4 and 5, ...

Chea Vannak
https://www.khmertimeskh.com/50524648/first-highway-to-break-ground-in-november/

GMAC urges government to reduce financial burden on employers

As minimum wage negotiations continue, GMAC has asked the government to refrain from increasing the agreed-upon pay bump for garment workers by $5 because it reduces the industry’s competitiveness due to the added financial burden on employers. Minimum wage negotiations between employers, the government and unions ...

May Kunmakara & Mom Kunthear
https://www.khmertimeskh.com/50640403/gmac-urges-government-to-reduce-financial-burden-on-employers/

China eyes poverty reduction

China, which lifted a large number of its almost 1.5 billion citizens from economic hardship over the decades, has pledged to assist Cambodia to alleviate poverty among its people. The assurance was conveyed by Huang Xilian, the Chinese Ambassador to Asean during the two Asean-China-UNDP ...

Niem Chheng
https://www.phnompenhpost.com/national/china-eyes-poverty-reduction

Final verdict Boeung Kak activists await ruling

Two prominent Boeung Kak activists are set to see an end to their years-long legal struggle with a final verdict set to be delivered on October 5. The Supreme Court had rejected their plea to restart an investigation into Daun Penh district security guards’ nighttime ...

Kim Sarom
https://www.phnompenhpost.com/national/final-verdict-boeung-kak-activists-await-ruling

Eco start-up: say no to plastics

A start-up initiative aimed at reducing plastic waste in the Kingdom is asking locals and expats to live plastic-free in July. The goal of the campaign is relatively simple: eliminate plastics’ harshest offenders from daily consumption. That means plastic straws, bags, bottles, cups and Styrofoam, or ...

Safiya Charles
http://www.khmertimeskh.com/news/27110/eco-start-up--say-no-to-plastics/

Friendship city planned

A $1.5 billion new satellite city called the Cambodia-China Friendship City is to be built in the capital’s northern suburbs next year adjoining the Ly Yong Phat Satellite City. According to local media reports, the construction of the friendship city would be undertaken jointly by the ...

Chea Vannak
http://www.khmertimeskh.com/news/32345/friendship-city-planned/

Few arrests under new traffic law

Only 600 drivers have been sent to court since the new Traffic Law technically took effect in January and legally in March.According to a National Road Safety Committee report released yesterday, out of almost 10 million vehicles that were checked, 1.5 million were found to ...

Ven Rathavong
http://www.khmertimeskh.com/news/33660/few-arrests-under-new-traffic-law/

Phnom Penh air quality levels disputed

The first readings of the capital’s PM2.5 concentration, a major indicator of air quality, show that levels of the harmful particulates are “still low”, said Thiv Sophearith, chief of the Ministry of Environment’s Air Quality, Noise and Vibration Office, though an environmental specialist yesterday challenged ...

Jovina Chua
http://www.phnompenhpost.com/national/phnom-penh-air-quality-levels-disputed

Tourism sector worth $3.6 billion in 2017

Cambodia’s tourism sector earned $3.63 billion in revenue last year, an increase of 13.3 percent, according to the latest figures from the Ministry of Tourism. Last year, international travellers visiting the kingdom spent 5.6 million, 11.8 percent more than in 2016, according to Kong Sophearak, ...

Chea Vannak
http://www.khmertimeskh.com/50108419/tourism-sector-worth-3-6-billion-2017/

Rising oil prices fueling inflation

Rising oil prices fuelled a month-to-month inflationary increase of 5.4 per cent through February and March, according to data from the National Institute of Statistics. Factors such as sanctions on Iranian oil, as well as floods that depleted Cambodian crops last year accounted for the rise ...

http://www.phnompenhpost.com/index.php/2012051756212/Business/rising-oil-prices-fuelling-inflation.html

Trade with Malaysia up as exporters look East

Bilateral trade between Cambodia and ASEAN member state Malaysia rose by 34 per cent year on year in 2011 to US$319.5 million compared to the year before, according to data from the Embassy of Malaysia in Phnom Penh released yesterday. Experts noted the nearly 100 per ...

http://www.phnompenhpost.com/index.php/2012052356319/Business/trade-with-malaysia-up-as-exporters-looks-east.html

Vietnam holds largest-ever trade fair in Cambodia

Vietnam organized the largest- ever trade fair on Thursday, vowing to boost the bilateral trade to $3 billion this year. Speaking at the opening of the 5-day event at Mondial Center, Vu Kim Hanh, chairwoman of the Business Association of High Quality Vietnam Goods, said the ...

http://www.globaltimes.cn/content/728827.shtml

City mum on displacement

A Phnom Penh municipal government plan to build a 2.5 kilometre public space that would displace hundreds of villagers was greeted with requests for compensation by residents yesterday, while city officials refused to comment. Kiet Chhe, deputy chief of city administration, confirmed that a committee ...

http://www.phnompenhpost.com/index.php/2012053056480/National-news/city-mum-on-displacement.html

Gem event promises to sparkle

Officials are predicting an increase in visitors and a glitzy showcase when the 5th Cambodia Gems and Jewelry Fair opens this Thursday in Phnom Penh. Set in the Diamond Island Convention and Exhibition Centre, the four-day event is drawing buyers and traders to Phnom Penh amid ...

http://www.phnompenhpost.com/2013061066161/Business/gem-event-promises-to-sparkle.html

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