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Central bank mulls its inflation response

Cambodia’s central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and spokeswoman Nguon sokha said yesterday. Increases in commodity prices and petroleum has led to rising ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2011080250793/Business/central-bank-mulls-its-inflation-response.html

Two Khmer Papers Told to Halt Publishing

The Ministry of Information on Tuesday ordered two Khmer-language newspapers owned by the same publisher to halt publication for failing to follow ministry rules. In a notice signed by Minister of Information Khieu Kanharith, Phnom Penh-based The Water and Fire News and The World newspapers ss='cambodia-color'>...

City Officials Talk Trash With New Campaign

Phnom Penh municipality is set to launch a campaign today at Daun Penh district’s Kandal market aimed at educating residents about disposing their garbage correctly in an effort to reduce flooding in the area. The campaign comes after the area experience several bouts of severe ss='cambodia-color'>...

GDP growth drives petrol imports 67% year-on-year

The Kingdom’s strong economic growth so far this year has driven petroleum imports 67 per cent higher year-on-year through October, according to Ministry of Commerce data. Total imports reached 1.2 million tonnes, or Us$1.14 billion worth, in the first 10 months of the year, compared to ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2011120153073/Business/gdp-growth-drives-petrol-imports-67-year-on-year.html

Coffee Prices Increase on Demand for Product

The price of coffee in Mondolkiri province, the country’s top coffee producing area, is continuing to increase as demand for the commodity continues to grow, according to local farmers and officials. Chay Moa, who owns a 5-hectare coffee farm in sen Monorom City, said that he ss='cambodia-color'>...

US senators raise Mekong dams

US SenatorS are puShing for a reSolution that would uSe US influence within the Mekong baSin to enSure that the conStruction of hydroelectric damS, Such aS the Xayaburi dam in LaoS, would meet exacting environmental StandardS. The reSolution would not be law but rather policy SS='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2011071150310/National-news/us-senators-raise-mekong-dams.html

ABA Bank wins Cambodia retail bank of the year award

ABA Bank has been awarded “Cambodia Retail Bank of the Year” award by this year’s Asia Banking & Finance Retail Banking Awards. With 150 bankers from across Asia on hand to congratulate the winners in singapore, ABA Bank Deputy Chief Executive Officer Askhat Azhikhanov said ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2011080250789/Business/aba-bank-wins-cambodia-retail-bank-of-the-year-award.html

Flood costs to surpass $100m

PERSISTENT flooding in Several areaS of the Kingdom could reSult in more than US$100 million worth of damage, the National Committee for DiSaSter Management Said yeSterday. Flood waterS have killed 207 people Since early September and forced more than 32,000 familieS from their homeS, according to SS='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2011101152037/Business/flood-costs-to-surpass-100mn.html

Banks offer millions to millers

Two Cambodian banks have set aside Us$200 million for loans to bolster the Kingdom’s struggling rice-milling industry, officials said yesterday. The move comes as the Cambodian government has called on the private sector to boost loans to rice millers during the harvest season as a way ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2011112352914/Business/banks-offer-millions-to-millers.html

Lucky sells big stake to Asian retail giant

Big Asian retailer Dairy Farm Group has formed a joint venture with Cambodia’s Lucky Market Group, the operator of Lucky supermarket and Lucky Burger, according to an announcement yesterday. LMG, which opened its first supermarket in 1993, will join a stable of brands already controlled by ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012031354993/Business/lucky-sells-big-stake-to-asian-retail-giant.html

Villagers Seize Large Hauls of Illegal Timber

Hundreds of villagers patrolling Prey Long forest for illegal logging discovered and burned more than 370 cubic meters of wood during the first four days of their campaign, an organizer said yesterday. About 400 villagers from Kompong Thom, Kratie, stung Treng and Preah Vihear provinces who ss='cambodia-color'>...

Protesters Block Highway Over Alleged Land Grabs by Firms

About 500 protesters erected barricades on National Road 76a in Kratie province’s snuol district on saturday to protest the loss of their farmland and homes to encroachment by three agro-industry firms: sovann Rithy, samnang Angkor and Dai Nam Cambodia, officials said yesterday. The protest, which remained ss='cambodia-color'>...

‘New deal’ eyed for migrant workers

Prime Minister Hun sen’s call on Tuesday to strengthen cooperation among AsEAN members to protect the rights of migrant workers echoed recent comments by rights groups who say further protections are necessary as the 2015 deadline for an integrated economic community looms. As that deadline approaches, ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012040555449/National-news/new-deal-eyed-for-migrant-workers.html

Land row villagers see hope

The Preah Vihear provincial authority and other relevant parties issued a statement on Wednesday that contained five points aimed to end a land dispute between 330 families and private company Metrei Pheap. This follows the submission of a petition requesting Prime Minister Hun sen to ss='cambodia-color'>...

Long Kimmarita
https://www.phnompenhpost.com/national/land-row-villagers-see-hope

Cambodia can achieve SDGs, but deep fiscal reform needed: ADB report

Cambodia has a good chance of achieving its social protection agenda under the sustainable Development Goals (sDGs) but will need to balance different social protection investments, according to a report published on Wednesday by the Asian Development Bank (ADB). With the right fiscal reforms and policies ss='cambodia-color'>...

Sum Manet
https://www.khmertimeskh.com/50578198/cambodia-can-achieve-sdgs-but-deep-fiscal-reform-needed-adb-report/

Sar Kheng proposes land dispute resolution

Deputy Prime Minister sar Kheng has proposed the establishment of a village and the construction of roads for the people living on a disputed land plot in Kulen Promtep Wildlife sanctuary in Preah Vihear province’s Choam Ksan district. Metre Pheap received approval for an agro-industry ss='cambodia-color'>...

Niem Chheng
https://www.phnompenhpost.com/national/sar-kheng-proposes-land-dispute-resolution

Hun Sen aims to ban imports of non-recyclable waste

Cambodia could soon become the next Asian country to reject the importation of rubbish from overseas, despite suggestions from the private sector that Cambodia could burn waste to produce electricity. According to The Guardian, China’s ban on foreign waste last year left developed nations struggling to ss='cambodia-color'>...

Ben Sokhean
https://www.khmertimeskh.com/50623834/hun-sen-aims-to-ban-imports-of-non-recyclable-waste/

NGOs ordered to retract MFI report

The government yesterday ordered two NGOs to retract a critical report on the negative impacts of microloans after summoning their representatives for a meeting to defend their research. The report, published last month by Licadho and sahmakum Teang Tnaut, featured seven case studies of abuse chosen ss='cambodia-color'>...

Khuon Narim
http://Khuon Narim

Japan to boost demining efforts

Japan today will provide more than $1 million in grant aid to two NGO’s for demining work, community healthcare projects and children support networks. The signing ceremony for the grant assistance totalling $1,052,298 will be held in the Japanese Embassy in Phnom Penh. An embassy statement ss='cambodia-color'>...

Mom Kunthear
https://www.khmertimeskh.com/50647698/japan-to-boost-demining-efforts/

Rainsy election boycott call a ‘betrayal of King’

Deputy Prime Minister Hor Namhong on Wednesday criticised calls from former Cambodia National Rescue Party (CNRP) leader sam Rainsy to boycott the July 29 elections as a “betrayal to the King, nation and people”. He also labelled Rainsy “stupid” in comparing himself with the late ss='cambodia-color'>...

Ben Sokhean
https://www.phnompenhpost.com/national/rainsy-election-boycott-call-betrayal-king

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