Apsara acts on Koh Ker logging
The government’s Apsara authority will join forces with the Preah Vihear administration to establish a joint committee to prevent illegal logging and to manage state land in the protected areas around Koh Ker, officials said yesterday. ...
May Titthara
http://www.khmertimeskh.com/news/18450/apsara-acts-on-koh-ker-logging/
Industry largely bullish on AEC integration
Government and business representatives continue to remain optimistic about Cambodia’s prospects after the ASEAN Economic Community integration next year, saying that the Kingdom had upped production levels and strengthened quality measures to remain competitive in the region. ...
Sor Chandara
http://www.phnompenhpost.com/business/industry-largely-bullish-aec-integration
Agro sector on a growth path
The tonnage of Cambodia’s agricultural exports increased by over 20 per cent last year, led by a surge in shipments of dried cassava chips, according to the latest Ministry of Agriculture data. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/agro-sector-growth-path
Gov’t: illegal fishing on rise
Police officials at the Ministry of Agriculture, Forestry and Fisheries said cases of illegal fishing continued to rise last year, when almost 4,000 illegal fishing offenses were stopped and 181 were sent to court. ...
Ban Sokrith
http://www.khmertimeskh.com/news/22020/gov---t--illegal-fishing-on-rise/
Educators renew focus on STEM curriculum
Cambodian educators say they are working on improving studies in science, technology, engineering and math. ...
Hean Socheata
http://www.voacambodia.com/content/educators-renew-focus-on-stem-curriculum/3218002.html
Consensus reached on fuel pricing procedure
The government has reached an agreement with two foreign oil companies operating in Cambodia on a proposed fuel-price mechanism, ending a two-month deadlock that has prevented it from implementing a price ceiling on gasoline sold at petrol stations across the Kingdom. ...
Sor Chandara
http://www.phnompenhpost.com/business/consensus-reached-fuel-pricing-procedure
Cargo giants call on Sihanoukville port
As Cambodia’s sole deep-sea port in Sihanoukville looks to increase its presence on global shipping routes, the decision by two major Chinese shipping companies six months ago to call at the port has seen mixed results, with one firm already dropping out due to low ...
Sor Chandara
http://www.phnompenhpost.com/business/cargo-giants-call-sihanoukville-port
Malaysian firm wagers on Sihanoukville's potential
An obscure Malaysian company has obtained approval from Cambodia’s Council of Ministers to develop hotels and casinos in Sihanoukville, with an online promotional video claiming the firm will transform the coastal city into the “Macau of Southeast Asia.” ...
Sor Chandara
http://www.phnompenhpost.com/business/malaysian-firm-wagers-sihanoukvilles-potential
Boeung Kak residents testify on assault
Five of the 11 members of the Boeung Kak lake community who were beaten by police while peacefully protesting at Wat Phnom in 2013 and later filed a lawsuit against district officials were called to testify at the Ministry of Interior yesterday. ...
Pav Suy
http://www.khmertimeskh.com/news/25408/boeung-kak-residents-testify-on-assault/
PPSP begins trading on stock exchange
Shares in Phnom Penh SEZ debuted on Cambodia’s nascent stock exchange yesterday morning, ending the day at 2,890 riel ($0.71), down slightly more than 3 per cent from its opening price of 2,980 riel after an underwhelming level of trading. ...
Kali Kotoski
http://www.phnompenhpost.com/business/ppsp-begins-trading-stock-exchange
Mesco closes in on gold licence
After an unexpectedly lengthy review, the Ministry of Environment has approved the environmental and social impact study of Indian mining firm Mesco Gold, clearing the last major hurdle for the company to receive a licence to operate the Kingdom’s first royalty-generating mine. ...
Cam McGrath
http://www.phnompenhpost.com/business/mesco-closes-gold-licence
Cambodia stuck on money laundering blacklist
Cambodia has been listed as the highest-risk nation in ASEAN, and ranks sixth globally, for its susceptibility to money laundering and terrorism financing in a recently released global index that charts the vulnerability of 149 nations. ...
Kali Kotoski
http://www.phnompenhpost.com/business/cambodia-stuck-money-laundering-blacklist
Listed firms lax on fiscal reports
Six weeks since the close of the fiscal first half, none of the four listed companies on Cambodia’s stock exchange have issued their required half-year financial statements, and one firm has not disclosed any financial data since 2014 – casting doubts on the tiny bourse’s ...
Kali Kotoski
http://www.phnompenhpost.com/business/listed-firms-lax-fiscal-reports
Demand for flour on the rise
Wheat products have never had a big market in Cambodia, where meals revolve around rice, but Western influences are increasingly shaping local tastes and creating an appetite for flour products. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/demand-flour-rise
Terms announced on rice lending package
The government-owned bank charged with issuing $27 million in emergency loans to rice millers as part of an initiative aimed at propping up the struggling rice industry announced the terms of the credit lines yesterday, and said it would ensure that the funds were used ...
Hor Kimsay
http://www.phnompenhpost.com/business/terms-announced-rice-lending-package
Lower Sesan II dam on schedule
The Lower Sesan II dam is expected to generate electricity as planned by 2017, filling a power void in the country as national grid construction is under way, according to the deputy provincial governor of Stung Treng. The dam, located in Stung Treng province’s Sesan district, ...
Chea Vannak
http://www.khmertimeskh.com/news/30380/lower-sesan-ii-dam-on-schedule/
Bassaka puts the blame on CAMS
The government has asked the company that manages airports in Cambodia to explain why, according to airline Bassaka Air, it demanded $240 from the carrier for helping a disabled passenger board one of its aircraft.Bassaka Air, which found itself at the centre of a media ...
Pech Sotheary
http://www.phnompenhpost.com/national/bassaka-puts-blame-cams
Potholes on a path to progress
Cambodia marginally improved its global competitive ranking this year, moving up five spots to place 90th out of 144 nations surveyed, with weak public institutions and lack of innovation continuing to affect its economic progress, according to a newly released World Economic Forum report.The Global ...
Ananth Baliga
http://www.phnompenhpost.com/business/potholes-path-progress
Hun Sen warns on Rains, Rice
Prime Minister Hun Sen yesterday expressed concern about agricultural productivity in the rainy season, as the rains so far this year have been worryingly scarce. ...
Chea Vannak
http://www.khmertimeskh.com/news/16537/hun-sen-warns-on-rains--rice/
Government remains optimistic on economic growth
The government yesterday slightly lowered its growth forecast for this year – from 7 to 6.9 percent – citing slowing growth in China and Europe as well as the appreciation of the US dollar as the reasons for the cut. ...
May Kunmakara
http://www.khmertimeskh.com/news/17012/government-remains-optimistic-on-economic-growth/