Government

The National Bank of Cambodia (NBC) yesterday held its second Liquidity-Providing Collateralised Operation (LPCO), making 40 billion riel ($9.89 million) available to financial institutions in an auction in which repurchase agreements, or repos, were signed for 8.4 billion riel ($2.07 million). ...

The government has established the National Committee for Health and Work Safety, to comprise in part officials from relevant ministries to review, give counsel and spread information related to health and work safety. According to a sub-decree dated Monday and signed by Prime Minister Hun Sen, ...

A partnership with General Electric (GE), the Boston-based American multinational conglomerate, will be the best way forward for Cambodia to meet its 2035 goal of reducing carbon dioxide emissions by three million tons annually and electrifying 100 percent of rural areas, representatives from the company ...

Members of the Environment and Natural Resources Student Network, which is made up of students from six universities, found a factory processing an indigenous vine believed to be used in the production of narcotics in Koh Kong province last week.​ ...

Several civil society groups yesterday issued a joint statement urging members of parliament to review the national budget which is set to allocate close to 35 percent of national spending solely to the Defense Ministry and a contingency reserve. ...

Civil society members and Ministry of Mines and Energy officials came together recently to discuss discrepancies in the export figures of sand from Cambodia to Singapore, after 47 NGOs wrote an open letter early this month to the ministry seeking an explanation. The letter from civil ...

Cambodia is considering adopting an aviation tax for flights leaving the Kingdom, local media reported yesterday. The announcement came as Environment Minister Say Samal delivered remarks at the COP22 UN Climate Conference in Morocco. The conference comes one year after the historic signing of the Paris ...

CNRP vice president Kem Sokha will next week leave the safety of the opposition’s headquarters in Phnom Penh for only the second time since police attempted to arrest him six months ago, with a party official saying he plans to attend Tuesday’s sitting of parliament. ...

A mobile laboratory that will be able to analyze food samples at markets around the country was launched by the Ministry of Commerce yesterday, at the same time the ministry announced it was seeking Chinese support in building testing facilities at land borders to analyze ...

Cambodia National Rescue Party (CNRP) MPs are to end their boycott of parliament, saying the national interest takes priority.The boycott started in May after security forces tried to arrest deputy party leader Kem Sokha after he refused to attend court for questioning over an alleged ...

Opposition leader Sam Rainsy has waded into the Twittersphere, using his first tweet to congratulate US President-elect Donald Trump on his victory, and later calling on the few Cambodians who use the site to register to vote in next year’s commune elections.   ...

Education Minister Hang Chuon Naron has unveiled a plan to add coursework on entrepreneurship to the school and university curricula starting in the next academic year, state news agency AKP said yesterday. ...

The Immigration Department at the Interior Ministry has put in a request to the Phnom Penh Municipal Court prosecutor to conduct a preliminary investigation into a commune chief who allegedly forged a birth certificate for a Chinese national in exchange for $12,000. ...

Election officials toured the country during this week’s Water Festival holiday to investigate a recent sharp drop-off in the pace of voter registrations, but no glaring issues were found, a National Election Committee (NEC) spokesman said on Wednesday.   ...

The National Election Committee (NEC) says it will consider prolonging voter registration in some areas only if it’s needed as compiling this year’s voter list ends in two weeks. ...

Ongoing land disputes between the Ministry of Land Management and the owner of development firm Phanimex are influencing White Building residents’ decision on whether to relocate or stay, according to Land Management Minister Chea Sophara. ...

As business mogul and reality television personality Donald Trump was announced as the next president of the United States yesterday, Cambodian political figures called for continued good relations. Shortly after president-elect Trump gave his victory speech in New York yesterday afternoon, Cambodian Prime Minister Hun Sen, ...

The Kingdom’s total exports to Japan, one of the world’s largest economies, sharply increased in the first nine months of the year, a result of Cambodia’s effort to diversify export markets and preferential trade treatment from Japan. ...

The Ministry of Land Management is to create a committee to plan and review development of Phnom Penh’s iconic White Building. Meanwhile, the sale or transfer of ownership of the building has been blocked temporarily for the committee to collect details of the people living there. ...

The United Kingdom’s bilateral trade dealing with Cambodia will remain unchanged in light of ongoing negotiations on the UK’s position within the European Union, a senior British trade official said yesterday. ...

Cambodian ministries are currently facing a $620 million funding shortfall if they are to implement their climate change adaption action plans by 2018, according to figures announced by NGO Forum at a press conference yesterday. ...

Voter registration has fallen far behind schedule over the past two weeks, with enrolment dropping to just 30,000 a day from a target of 100,000, according to official figures, leaving more than 2 million Cambodians at risk of not registering to vote in time. ...

US presidential nominees Hillary Clinton and Donald Trump are now on barnstorming tours across the country, making their final appeals to swing voters ahead of next Tuesday’s election. Democratic candidate Ms. Clinton has received an overwhelming number of endorsements from a variety of places, including French ...

Last month’s purchase by Singapore-listed KrisEnergy of a 42.75 percent working interest in the Block A offshore energy concession made them a majority owner in the project, with an overwhelming control of 95 percent of the stakes. This acquisition is expected to accelerate the development ...