Disaster preparedness and emergency response policy and administration

Large payouts last year by local insurance companies to two garment factory owners and regional natural catastrophes have resulted in a huge hike in the cost of fire insurance for commercial premises in Cambodia, brokers said. Cambodia’s insurance industry paid out some $24 million in fire ...

In order to pacify concerns that filling in Phnom Penh’s Boeng Kak lake would lead to flooding, it was claimed by officials that 10 hectares of the 90-hectare lake would be preserved to absorb heavy rainfall. Now, four years after sand began streaming into Boeng Kak, ...

Rainfall during this year’s dry season and fewer farmers cultivating tobacco has resulted in a shortage of raw tobacco and a steep price increase, industry officials and farmers said yesterday. Tola Ponlu, head of corporate and regulatory affairs at British American Tobacco (BAT) in Phnom Penh, ...

Claims on Cambodia’s six biggest insurance companies declined year on year by more than 90 per cent in the first quarter of 2012, data from the General Insurance Association of Cambodia (GIAC) shows. The value of claims in 2011 was raised by fires that gutted two ...

The Laos government has said that all the necessary environmental assessments for the Xayaburi dam on the Mekong River have been completed and that no damage will be inflicted on the fisheries in countries further downstream when built, an official at the Cambodia National Mekong Committee said yesterday. Watt Botkosal, ...

Cambodia has been rebuilding after recently being hit by devastating floods that affected over one million citizens. These sudden natural disasters are tough to predict but the United Nations believes that more needs to be done to limit their impact. The BBC’s correspondent in Cambodia, Guy De ...

Poor accounting practices by ministries between 2005 and 2010 required them to seek additional government funds to the tune of $578.79 million, which was reserved for national emergencies, according to a multi-year budget analysis released on Friday by the NGO Forum on Cambodia ...

The government needs to enforce legislation on protecting the environment, even as it gives away masses of land and resources in concessions, or risk jeopardising its economic future, the UN assistant secretary-general for disaster risk reduction said yesterday. “The most critical impact of disasters today is ...

At least 105 houses were damaged by a violent rainstorm on Monday night in Prey Veng province’s Komchey Mear district. ...

Nine villagers were injured and about 270 homes damaged when a storm ravaged Kampong Thom province’s Sandan district on Friday, police said yesterday. Sandan district governor Sim Vanna told the Post that gale-force winds and heavy rain had swept across the region, leaving a trail of ...

The Ministry of Economy and Finance yesterday signed a US$60.3 million loan package with Asian Development Bank to aid in reconstruction efforts after the Kingdom last year suffered its worst floods in a decade. ...

Two hundred tons of unmilled rice slated for export to Vietnam was destroyed in a warehouse fire in Kandal province’s Ang Snuol district early yesterday morning ...

Storms that swept through Kampot and Banteay Meanchey provinces on Friday and Saturday damaged more than 100 houses and three schools, officials said yesterday. ...

About 70 residents from Phnom Penh’s Boeng Kak lake met with Daun Penh district governor Sok Sambath yesterday to discuss the first phase of a new drainage system around the lake area that will protect against floods, a villager and municipal official said. ...

Top military officials from all 10 Asean countries yesterday attended the second Asean Military Operations Informal Meeting in Phnom Penh, an event aimed primarily at enhancing cooperation between the countries in terms of humanitarian assistance and disaster relief. ...

As dignitaries marked the groundbreaking of a project to improve Phnom Penh’s defenses against flooding yesterday, a complaint had already been filed against the project’s contractor for impeding a public road. The Japanese government is putting $46 million into a new phase of the city’s flood ...

The number of flood-related insurance claims has been fewer than expected despite the Kingdom’s worst flooding in a decade, industry insiders say. Although the floods, which began in late August, had affected large sections of the country, few claims had been made, Infinity Insurance chief executive ...

Increased fishing yields due to floods have led to an increase in rental fees for the Kingdom’s fishing lots compared to 2010, according to official data. Revenues from bidding on 52 fishing lots in Phnom Penh and four other provinces increased by US$735,000 year to date, ...

The government had set aside 3,000 tonnes of rice seeds to distribute to farmers whose crops were destroyed by flooding and had so far distributed 1,900 tonnes of rice to those affected by the floods in 18 provinces, the National Committee for Disaster Management said ...

Cambodia could borrow US$1.1 billion from other countries in 2012, 75 per cent more than this year, to help repair infrastructure damaged in flooding and support efforts to increase rice exports to one million tonnes by 2015, a senior official said yesterday. Cheam Yeap, chairman of ...

Cambodian crocodile farmers have blamed the falling price of the reptile on flooding, which they say has turned away Thai and Vietnamese buyers – the market’s cornerstone. Prices for young crocodiles have dropped 25 per cent since August, Kandal breeder Kaing Sarin said. His reptiles fetched ...

Total outstanding loans in the microfinance sector reached $815.47 million in the third quarter, a 25.8 percent rise compared to beginning of the year, according to data released yesterday by the Cambodia Microfinance Association (CMA) Despite growth in the sector, microfinance institutions said nonperforming loans were ...

More than 60 percent of nearly 50,000 evacuated families have returned home as floods recede in areas along the Mekong River and other parts of the country, said the National Committee for Disaster Management (NCDM). Nearly all displaced families have gone back to flood-wrecked villages in ...

The worst floods in a decade may boost the number of nonperforming loans in the Kingdom’s microfinance industry in the fourth quarter, insiders said yesterday. However, those insiders said the damage done to Cambodia’s agriculture sector would not have a significant impact given the MFIs’ diversified ...