News

    New rules for digital payments

    The central bank has issued new regulations governing the licensing of payment services providers (PSPs), requiring that all firms providing online services to accept electronic payments have at least $2 million in registered capital, a move expected to increase the stability of the sector and ...

    Hor Kimsay and Matthieu de Gaudemar
    http://www.phnompenhpost.com/business/new-rules-digital-payments

    Mortar shell injures boy

    A boy of 11 was seriously injured when a bomb he was playing with exploded on Saturday in Battambang province’s Koas Krala district. Koas Krala district police chief Chhang Vanchhay said yesterday that May Sameth had gone out to take care of a cow in a ...

    Mom Kunthear
    http://www.khmertimeskh.com/news/39666/mortar-shell-injures-boy/

    Ministry to examine passport fees for Malaysia migrants

    The Ministry of Foreign Affairs will investigate exorbitant passport fees for migrant workers in Malaysia, the ministry’s spokesman said late last week, following an investigation by The Post that found Cambodians in the country were forced to pay up to $800 for renewals. ...

    Leonie Kijewski
    http://www.phnompenhpost.com/national/ministry-examine-passport-fees-malaysia-migrants

    Fresh Mart to become retail fresh food hub

    Cambodia-based integrated food-distribution company Hun Ty plans to open its own retail fresh-food market next month and will increase its cold storage and food-distribution business by opening two additional locations in the Kingdom, a company executive said yesterday. ...

    Cheng Sokhorng
    http://www.phnompenhpost.com/business/fresh-mart-become-retail-fresh-food-hub

    1,000 Phnom Kulen families to be relocated

    A group of about 1,000 families living in Siem Reap province’s Phnom Kulen National Park will be relocated to prevent them from continuing an environmentally detrimental trend of clearing land, building homes, selling and repeating, the environment minister said on Thursday. ...

    Aun Pheap
    https://www.cambodiadaily.com/news/1000-phnom-kulen-families-to-be-relocated-131679/

    Suspected US aircraft bomb found in Takeo

    A 350-kg M117 aircraft bomb believed to have been dropped during the US’s carpet bombing of Cambodia was uncovered in Takeo province’s Tram Kak district yesterday by local residents, an official said.   ...

    Jovina Chua
    http://www.phnompenhpost.com/national/suspected-us-aircraft-bomb-found-takeo

    Japanese seek energy investments

    A number of Japanese companies have their eyes on Cambodia’s energy and gas sector, an opportunity welcomed by the government which has asked for studies to be carried out before any investment can be made. ...

    Sok Chan
    http://www.khmertimeskh.com/news/39608/japanese-seek-energy-investments/

    Government probes NGO behind damning timber racket report

    More than a month after confirming its investigation into new reports of rampant timber trafficking between Cambodia and Vietnam, the Environment Ministry remains tight-lipped about what—if any—progress it is making, but says the U.K. NGO that exposed the scale of the problem is itself being ...

    Zsombor Peter
    https://www.cambodiadaily.com/news/govt-probes-ngo-behind-damning-timber-racket-report-131662/

    March inflation rate rises to 4.3 percent

    Although growth in Cambodia’s consumer price index (CPI) went up by 4.3 percent year-on-year in March, according to latest figures from the National Institute of Statistics, an expert maintains that the increase in cost of living will have minimal effect on the lives of Cambodians. ...

    May Kunmakara
    http://www.khmertimeskh.com/news/39611/march-inflation-rate-rises-to-4-3-percent/

    Risk puts brakes on movable assets

    Access to credit would increase dramatically if Cambodian borrowers could put up movable assets as collateral, but lenders say much more needs to be done to remove the risks associated with these assets, including the establishment of a legal framework that would restrict changes in ...

    Hor Kimsay
    http://www.phnompenhpost.com/business/risk-puts-brakes-movable-assets

    Vietnamese data show timber exports are continuing

    According to the figures, Vietnam imported 21,670 cubic metres of sawn wood valued at $13.7 million in April, a 27 percent drop compared to February and an almost 50 percent decrease compared to March. ...

    Shaun Turton and Niem Chheng
    http://www.phnompenhpost.com/national/vietnamese-data-show-timber-exports-are-continuing

    Outbreak hits 24 at Kampong Speu prison

    Twenty-four inmates in Kampong Speu’s provincial prison – where five prisoners escaped earlier this week – are reportedly experiencing a combination of respiratory difficulties, coughing, skin rashes and swollen legs.   ...

    Khouth Sophak Chakrya and Martin de Bourmont
    http://www.phnompenhpost.com/national/outbreak-hits-24-kampong-speu-prison

    Kandal families allege official intimidation

    Sixteen families in Kandal have accused a purported Interior Ministry official of sending soldiers to intimidate them to take their land, though the official denied the claims and said no such dispute existed at all. ...

    Soth Koemsoeun
    http://www.phnompenhpost.com/national/kandal-families-allege-official-intimidation

    Monitor’s results CPP took about 50% at election

    Transparency International (TI) Cambodia yesterday said that the ruling Cambodian People’s Party appeard to have won 49.4 percent of the nationwide popular vote on June 4 based on the stations it monitored, nearly six percentage points ahead of the CNRP’s 43.2 percent. ...

    Ananth Baliga
    http://www.phnompenhpost.com/national/monitors-results-cpp-took-about-50-election

    China’s squeeze on capital outflow felt in Cambodia

    Stringent capital controls imposed by China’s central bank last November that scrutinise the outbound flow of money from the mainland have created uncertainty for Chinese investors looking at the Cambodian market and could jeopardise future and existing projects. ...

    Kali Kotoski and Brian Ng
    http://www.phnompenhpost.com/business/chinas-squeeze-capital-outflow-felt-cambodia

    Villagers near Sesan Dam warned to brace for floods

    Villagers living near the Lower Sesan ll Hydropower Dam in Stung Treng province have been warned to expect flooding in their villages soon as the operators of the dam close its doors for technical tests. ...

    Sen David
    http://www.khmertimeskh.com/news/39566/villagers-near-sesan-dam-warned-to-brace-for-floods/

    Maize has local farmers’ ears

    Growing demand for animal feed is driving up both the demand and price of corn, with smallholder farmers claiming the field crop offers a more stable market than cassava.Corn is grown on more than 140,000 hectares in Cambodia and can be harvested twice a year, ...

    Cheng Sokhorng
    http://www.phnompenhpost.com/business/maize-has-local-farmers-ears

    Opposition requests migrant-friendly voter registration process

    The opposition once again will ask the government to make upcoming voter registration more accessible to an estimated 1 million migrant workers by increasing the number of registration centers near the Thai border. ...

    Ben Paviour and Ben Sokhean
    https://www.cambodiadaily.com/news/opposition-requests-migrant-friendly-voter-registration-process-131633/

    Only two complaints outstanding, NEC says

    Out of 64 complaints filed with the National Election Committee (NEC) over the June 4 commune elections, only two remain outstanding, the election body said yesterday. ...

    Niem Chheng
    http://www.phnompenhpost.com/national/only-two-complaints-outstanding-nec-says

    Endangered turtle hatchlings released into Mekong

    The Wildlife Conservation Society (WCS) yesterday released 150 endangered Asian giant softshell turtles into the wild as part of a “community protection programme”, the organisation announced. Gathered from nests guarded by local communities, including former egg harvesters, the hatchlings were released into their natural habitat ...

    Jovina Chua
    http://www.phnompenhpost.com/national/endangered-turtle-hatchlings-released-mekong

    Kem Sokha promises political tolerance to Cham muslims

    CNRP President Kem Sokha has promised opposition supporters among the Cham Muslim community that any government he leads would put an end to political harassment from the community’s pro-CPP leaders, whom he claimed pressured followers not to join his party. ...

    Ben Sokhean
    https://www.cambodiadaily.com/news/kem-sokha-promises-political-tolerance-to-cham-muslims-131604/

    Dam’s consultation process concludes

    The consultation process for the controversial proposed Pak Beng dam in Laos concluded on Monday, allowing construction to begin even as local and international civil society groups continued to urge a delay until a forthcoming Mekong River Commission (MRC) environmental assessment is released later this ...

    Andrew Nachemson
    http://www.phnompenhpost.com/national/dams-consultation-process-concludes

    ‘Adhoc 5’ investigation concluded; trial awaits

    The 13-month investigation into five current and former human rights workers known as the ‘Adhoc 5’ has ended, a court spokesman said on Wednesday, paving the way for a trial in a case widely condemned as being unjust and politically motivated. ...

    Sek Odom
    https://www.cambodiadaily.com/news/adhoc-5-investigation-concluded-trial-awaits-131614/

    Banks roll out cards with new logos

    Financial institutions that were abruptly ordered to change their logos earlier this year due to the perceived similarities with state iconography have begun issuing new bank cards to their clients free of charge. ...

    Kali Kotoski
    http://www.phnompenhpost.com/business/banks-roll-out-cards-new-logos

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