News

NBC releases Financial Stability Review to the public for the first time

The National Bank of Cambodia (NBC) released its Financial Stability Review for the first time on Wednesday, outlining the work needed to monitor economic security and develop macro-prudential measures to cope with systemic risks. The Financial Stability Review has been produced by NBC since 2001 ...

Hor Kimsay
https://www.phnompenhpost.com/business/nbc-releases-financial-stability-review-public-first-time

New name for Real Camerin’s political party gets approval

The Ministry of Interior on Tuesday gave its approval to Real Camerin to name his new political party the Khmer Conservative Party, after his first proposal, the Khmer Empire Party, was denied last month. Camerin, a former lawmaker of the Supreme Court-dissolved Cambodia National Rescue ...

Niem Chheng
https://www.phnompenhpost.com/national/new-name-real-camerins-political-party-gets-approval

UN, Asean: Drought in region may intensify

Drought in many parts of Southeast Asia may become even more frequent and intense if action is not taken now to build resilience, according to the latest joint study by the UN Economic and Social Commission for Asia and the Pacific (Escap) and the Association ...

Khorn Savi
https://www.phnompenhpost.com/national/un-asean-drought-region-may-intensify

Conservation group discovers rare Irrawaddy dolphin calf

A dolphin conservation group has revealed it recently found a newborn Irrawaddy dolphin swimming among adults in the Mekong River in Kratie province, the sixth calf to be discovered this year. Mok Ponlok, provincial deputy director of the Fisheries Administration and head of the Irrawaddy ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/conservation-group-discovers-rare-irrawaddy-dolphin-calf

Economic growth set to slow this year: WB report

Cambodia’s economy remains in a “robust” condition but economic growth is projected to slow slightly this year compared to last, mainly due to weaker than expected external demand, according to a World Bank report released on Wednesday. The bank forecast the Cambodian economy to grow ...

Hor Kimsay
https://www.phnompenhpost.com/business/economic-growth-set-slow-year-wb-report

‘Hunt down the masterminds’

Minister of Interior Sar Kheng insisted on Tuesday that law enforcement agencies must leave no stone unturned in the search for the “masterminds” behind human trafficking and bring them to justice without exception. Sar Kheng was speaking at a meeting on Tuesday at the Ministry ...

Voun Dara
https://www.phnompenhpost.com/national/hunt-down-masterminds

Golden Hanuman military exercises to be held on May 3-8

More than a month since completing the Golden Dragon joint military exercises with China, some 2,000 members of the Royal Cambodian Armed Forces (RCAF) are set to launch their own drills at a Kampot army training school. Next month’s exercises, using live ammunition, will take ...

Ry Sochan
https://www.phnompenhpost.com/national/golden-hanuman-military-exercises-be-held-may-3-8

Kingdom’s petrol prices up 20%

Cambodia’s retail petrol price has increased more than 20 per cent during the first four months of this year due to rising costs on the international market, the monthly oil prices set by the Ministry of Commerce reveal. According to the price lists, which have ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-petrol-prices-20

Deputy prosecutor suspended for ‘clearing’ mangrove forest

Minister of Justice Ang Vong Vathana on Monday temporarily suspended Kampong Thom provincial deputy prosecutor Chea Sovanthet after he was alleged to have been involved in the clearing 10ha of mangrove forest with 17 tractors. Vong Vathana’s missive to the provincial prosecutor on Monday said ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/deputy-prosecutor-suspended-clearing-mangrove-forest

Health experts call for more tobacco taxes to save lives

Health experts on Tuesday called on the government to save Cambodian lives by raising tobacco taxes and use the revenues to expand healthcare benefits for the general public.​ The call was made by the Southeast Asia Tobacco Control Alliance (SEATCA), World Health Organisation (WHO) and ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/health-experts-call-more-tobacco-taxes-save-lives

IMF: Economic outlook robust

Cambodia’s economic outlook remains robust in the near-term despite the country set to face bigger external risks and potentially lose trade privileges to its main markets, an International Monetary Fund (IMF) team has told the finance minister. An IMF team visited Phnom Penh earlier this ...

Hor Kimsay
https://www.phnompenhpost.com/business/imf-economic-outlook-robust

New airport study set for 2019

A feasibility study on the construction of a new airport in the Kingdom will be launched later this year, according to a Ministry of Tourism spokesman on Monday. The plan was approved last week in a meeting held by the Ministry of Economy and Finance ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/new-airport-study-set-2019

Sand mining threatens ways of life, from Cambodia to Nigeria

If you were disturbed by the damage done to Cambodian coastal fisheries by the industrial-scale dredging of sand for sale to Singapore, as shown in the new documentary short “The Lost World,” there’s good news: the practice has largely been shut down in Koh Kong, ...

Vince Beiser
https://www.nationalgeographic.com/environment/2019/04/sand-mining-cambodia-the-lost-world-film/

Prime Minister: Ignore group’s calls to stage ‘a coup d’etat’

Prime Minister Hun Sen on Monday told Sar Kheng and other government officials not to respond to an unnamed group who he said had urged the Minister of Interior to stage a coup against the leader of the ruling Cambodian People’s Party (CPP). He said ...

Niem Chheng
https://www.phnompenhpost.com/national/prime-minister-ignore-groups-calls-stage-coup-detat

Education Ministry meeting challenges of digital era

The National Assembly and the Education Ministry yesterday held a seminar to discuss the evolution of the Kingdom’s ability to meet global standards in e-learning. The seminar was opened by Nguon Nhel, first vice president of the National Assembly. Mr Nhel noted that digital technology ...

Khy Sovuthy
https://www.khmertimeskh.com/50596893/education-ministry-meeting-challenges-of-digital-era/

Hun Sen to sign new aid agreements during trip to China

China and Cambodia are expected to sign a number of agreements, including one on Chinese assistance and project cooperation, during Prime Minister Hun Sen’s attendance at this week’s Belt and Road Forum in Beijing. Mr Hun Sen will lead a high-level delegation to attend the ...

Ben Sokhean
https://www.khmertimeskh.com/50596846/hun-sen-to-sign-new-aid-agreements-during-trip-to-china/

US Embassy: Chinese trade does not help like the West’s

The US Embassy in Phnom Penh on Friday said relations between China and Cambodia did not create jobs or help industry when compared to the trade between the Kingdom and the US. “About 87 per cent of trade [with China] are Chinese imports, which do ...

Long Kimmarita
https://www.phnompenhpost.com/national/us-embassy-chinese-trade-does-not-help-wests

Vietnamese land-grabbers held

Following a provincial court order, Ratanakkiri Military Police on April 16 arrested 12 Vietnamese nationals accused of crossing the border into Cambodia and illegally clearing forest land. The accused are now being detained at Phnom Svay prison in the province. Ratanakkiri military police commander Thav ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/vietnamese-land-grabbers-held

Cambodia’s rubber exports show 23% increase, but prices decline

Cambodia’s rubber exports increased 23 per cent in the first quarter of this year on the same period last year, while rubber prices continue to decrease, according to figures from the General Directorate of Rubber under the Ministry of Agriculture, Forestry and Fisheries. The data ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/cambodias-rubber-exports-show-23-increase-prices-decline

Cambodian, Thai railroads to be connected today

The railroad networks in Cambodia and Thailand will be officially connected today in a ceremony presided over by the countries’ prime ministers. The Stung Bot-Ban Nong Ing Friedship Bridge will be inaugurated during the ceremony, which will also see the handing over of a diesel-powered ...

Chea Vannak
https://www.khmertimeskh.com/50596619/cambodian-thai-railroads-to-be-connected-today/

Thousands attend CNRP-organised pro-democracy vigil in South Korea

Thousands of supporters of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) on Saturday gathered in the South Korean city of Gwangju to hold a candlelight demonstration calling for the “liberation” of democracy in Cambodia. Yim Sinorn, a CNRP member in South Korea, said on ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/thousands-attend-cnrp-organised-pro-democracy-vigil-south-korea

Eight people sent to court over violent protest

Preah Sihanouk provincial authorities on Sunday sent eight people to court for blocking National Road 4 and using violence against authorities in a land dispute in Prey Nop district’s Bit Traing commune. Four police officers and two commune security guards sustained injuries when the protesters ...

Voun Dara
https://www.phnompenhpost.com/national/eight-people-sent-court-over-violent-protest

Facing no opposition, Cambodia’s ruling party expects easy local election wins

Cambodia’s ruling party is preparing for local elections to be held in May, but few Cambodians appear to be paying much attention to what has become largely a sideshow after the Cambodian People’s Party banned the main opposition two years ago and handed their jobs ...

Sun Narin
https://www.voacambodia.com/a/facing-no-opposition-cambodia-ruling-party-expects-easy-local-elections-wins/4881573.html

Rapid economic growth props up Cambodia’s strongman

Between 1995 and 2017 Cambodia grew at an average rate of 7.7%; gdp per person rose from $321 in 1994 to $1,137 in 2017, after accounting for inflation. Foreign money has flooded in and Cambodia’s economy, which war and the Khmers Rouges had destroyed, has ...

The Economist
https://www.economist.com/asia/2019/04/20/rapid-economic-growth-props-up-cambodias-strongman

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