News

The PetroVietnam Fertilizer and Chemicals Joint Stock Company (PVFCCo) officially inaugurated its branch in Cambodia on July 29 with an aim to sell products directly to local farmers. Since the establishment of its representative office in Phnom Penh in May 2010, PVFCCo, an affiliate of ...

While rising inflation poses some financial challenges for rural farmers, it generally isn’t preventing them from paying off loans from microfinance institutions (MFIs). Farmers tend to be able to pay their loans off even though higher prices of food, fuel, fertilizer, pesticides, labor, and some ...

South Korea plans to restore the ancient Khmer temple, Preah Pitou at western Baray and other temples in Siem Reap, home of a world-class tourism destination. The restoration project was announced after the meeting between Deputy Prime Minister Dr. Sok An, Minister in charge of ...

Cambodia will receive a concessional loan package of $53.3 million US dollars from Japan to restore the irrigation canal system and another $700,000 dollars grant aid to enhance education materials for minerals resources and topology department of the Institute of Technology of Cambodia (ITC), the ...

The league of Association of Small and Medium Enterprises of Cambodia will conduct a forum on rice products in 17 October at Koh Pich center to boost the export of milled rice product to one million tons by 2015 as guided by the government. Cambodia ...

Military-run telecom Viettel has deployed more than 16,000km of fibre optics for its Metfone network and is now has the biggest internet coverage in Cambodia. According to a report from the Ministry of Post and Telecommunications of Cambodia (MPTC), cable network coverage in the country ...

Officials in Phnom Penh’s Meanchey district said yesterday that all transportation of sand across the old and new Preah Monivong bridges has been banned for the duration of the rainy season to protect the road surface and avoid accidents. According to a City Hall announcement ...

Steep price cuts by mobile operator Hello may prompt Thaicom to sell its majority stake in Mfone, according to investment firm Cambodia Capital. Cambodia Capital claims Hello’s drop in the tariffs it charges customers this year has heavily impacted Mfone’s operations, as well as those ...

Hundreds of families at Boeung Kak lake would receive land titles next week, Phnom Penh governor Kep Chuktema announced yesterday, but one village has been excluded from the deal that all but ends Phnom Penh’s highest-profile land dispute. At a meeting with about 500 villagers ...

The Foreign Affairs Ministry met with to non-governmental groups yesterday and accused them of inciting families to oppose the rehabilitation of the Cambodian rail system, ordering the  NGOs to “readjust” their workForeign Affairs spokesman Koy Kuong said his ministry invited Bridges Across Borders Cambodia and ...

Authorities in Phnom Penh briefly detained about 100 villagers yesterday who were distributing leaflets to raise awareness of the ongoing destruction of Prey Long, one of Cambodia’s largest remaining primary forests. The leaflet distributors had their materials confiscated and were escorted to six commune offices ...

International NGO Bridges Across Borders and umbrella group NGO Forum met yesterday morning with officials at the Ministry of Foreign Affairs who accused both of making “false” and “unfair” claims to the Asian Development Bank about the death of two children relocated by a railway ...

The National Bank of Cambodia (NBC) decided not to raise the reserve requirement rate for commercial banks from the current 12 per cent to 16 per cent although the country’s inflation has gradually increased, Nguon Sokha, NBC’s director general, said yesterday. “After the meeting of ...

Cambodia has decided not to increase its reserve requirement for banks to tackle inflation, National Bank of Cambodia Director General and spokeswoman Nguon Sokha said yesterdayThe Kingdom’s reserve-requirement rate for banks stands at 12 percent, meaning 12 percent of total deposits at banks must be ...

Singapore-listed firm HLH Group is planning to expand its presence in Cambodia with 90,000 hectares of corn, rice and soybean plantations planned over the next decade in Kompong Speu and Koh Kong provinces, an official at the company said yesterday. HLH Group came under scrutiny ...

More than one hundred villagers dressed as the forest people from the hit film “Avatar” protested in the Cambodian capital Thursday against the destruction of the country’s Prey Lang forestThey say the forest, which is a source of livelihood for some 200,000 mainly indigenous people, ...

Financial experts in the Kingdom yesterday called on the banking sector to implement improved corporate governance and increase transparency in order to ensure confidence in companies ahead of trading on the Cambodian Securities Exchange. Banks in the country have been required to publicly disclose financial ...

Cambodia’s TTY Corporation Co Ltd signed a $20 million deal yesterday with the state-owned China Grain Reserves Corp to process and export rice to China. The deal between TTY Corp and China Grain Reserves Corp’s Guangzhou branch, called Sinograin, was sealed with an agreement to ...

Conservation group WWF on Wednesday called for urgent action to prevent the extinction of freshwater dolphins in the Mekong River, including the creation of special conservation zones. Entanglement in fishing nets, low calf survival rates and a steady degradation of the creature’s habitat are threatening ...

Prime Minister Hun Sen defended the government’s plan for Strung Treng province’s 400-megawatt Lower Sesan 2 dam project in a letter to an SRP lawmaker, and accused opposition parties, NGOs and the media of exaggerating the negative impacts of hydropower dams. In the six-page letter ...

Thousands of Boeung Kak lake residents who have been fighting a protracted battle with Phnom Penh and a development company have seen their fortunes reversed and have been granted a small plot of land on which to resettle. Prime Minister Hun Sen signed a subdecree ...

Émile Coué was a French psychologist who introduced a method of self-improvement based on optimistic autosuggestion. “Every day, in every way, I’m getting better and better,” was his mantra. He died in 1926 and probably never visited Cambodia, but his spirit has been hovering over ...

In response to the vision of land policy in Cambodia, which is to administer, manage, use and distribute land in an equitable, transparent, efficient, and sustainable manner in order to contribute to achieving national goals of poverty alleviation, ensuring food security, national resources and environmental ...

The wet season had come and gone with almost no rain. Despite the best efforts of the farmers from Tralach commune, in Takeo province’s Traing district, widespread crop failures two years ago brought the community to the economic, and dietary, brinkThis week, farmers in Kratie ...