News

The Asian Development Bank on Monday named Cambodia as the fastest growing economy in Asia in its latest new analysis article titled Here Comes Cambodia: Asia’s New Tiger Economy. ...

More than 100 pieces of luxury rosewood bearing Cambodian names and a phone number were found by Thai police and forest conservation officers in a national park in Thailand’s Sa Kaeo province on Tuesday.   ...

Cambodia and Vietnam’s security ministries signed a cooperation agreement yesterday to fight crime and strengthen security between the two neighbors. ...

Cambodia’s total agricultural production was down slightly last year while a larger share of this production went to exports, the Ministry of Agriculture said in its annual report, released yesterday. ...

The Kingdom’s first automated measures to apply for sanitary and phytosanitary (SPS) certification of imports and exports will be launched by the end of June in an effort to boost and facilitate communication between Ministry of Agriculture officials and importers and exporters applying for SPS ...

The US Ambassador to Cambodia yesterday denied American involvement in the Black Monday protest, according to a Foreign Ministry spokesman. ...

Royal Railways is conducting a feasibility study on a rail line that would whisk passengers from the center of Phnom Penh to the airport in less than 15 minutes, the company’s CEO said on Wednesday. ...

Almost 60 tons of Cambodian mangoes were exported to the European Union during the harvesting season this year, according to Mong Reththy, who runs the country’s largest agricultural export company. ...

In the first four months of the year, the government collected nearly half of its tax revenue target for all of 2016, local media reported yesterday, citing Kong Vibol, director of the General Department of Taxation (GDT).   ...

The first tranche of fire trucks headed to Cambodia in a deal the government struck with China last year to furnish the country with fire-fighting vehicles for the provinces arrived on Wednesday, the head of the national police force’s fire department said.   ...

In a startling admission yesterday, the Ministry of Agriculture finally acknowledged that the Kingdom’s forest cover has decreased rapidly over the past few decades, down from a high of 73 percent in 1965 to now, where only 49.5 percent of the country’s forests remain. ...

Prime Minister Hun Sen announced yesterday that he will appoint a government official to answer questions in the National Assembly about economic land concessions (ELC) allegedly granted to members of the Vietnamese military in Rattanakiri province. ...

A deminer killed in Pursat province late last month was using the “wrong tool” while clearing an area of land in the infamous K-5 minefield when he detonated an anti-personnel landmine, according to a preliminary investigation by HALO Trust, the NGO for which he worked. ...

The International Finance Corporation (IFC) signed a Memorandum of Understanding with the National Bank of Cambodia (NBC) yesterday in a move that officials are predicting will usher in a new era of responsible corporate governing practices, transparency, financial risk management and public confidence in the ...

USAID and the US Treasury Office of Technical Assistance (OTA) have launched a joint initiative with the Ministry of Economy and Finance (MEF) to improve fiscal transparency and accountability in the management of public finances, according to a press release issued yesterday.   ...

A UN spokesperson has rejected a government reading of a UN convention used to justify banning people with disabilities from performing in the streets. ...

A notorious fraudster with whom Justice Minister Ang Vong Vathana allegedly had a business relationship has turned out to be a violent critic of Prime Minister Hun Sen.     ...

With a $148 million injection of capital through a Share Purchase Agreement, National Bank of Canada (NBC) now holds a 90 percent stake in ABA Bank, according to ABA and NBC executives, who ensured that the agreement will not alter ABA Bank’s strategy but enhance ...

To help improve the logistics sector, the Ministry of Public Works and Transportation has announced it will set up the Logistics Committee, which will work to improve the flow of goods in the Kingdom. ...

About 1,000 hectares of flooded forest in Preah Sihanouk’s Prey Nup district, all of which is overseen by the provincial fisheries department, is under threat of being systemically divided and sold to a private company, according to officials. ...

The total number of telephone subscriptions in Cambodia surpassed the 21-million mark earlier this year   ...

The potential for color to serve as a rallying point for a political insurrection has not been lost on Prime Minister Hun Sen over the years, with the premier repeatedly inveighing against Eastern European-style “color revolutions.” ...

An environmental youth group has asked the National Assembly’s head of the Environment and Water Resource Commission, Pol Hom, to visit and investigate the pollution that will be caused by construction of Laos’ Don Sahong hydropower dam. ...

The Anti-Corruption Unit (ACU) will send officials to South Korea next month to further investigate the case of former ambassador Suth Dina, who was arrested and detained at Prey Sar prison early last month on corruption charges. ...