News

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. ...

Prime Minister Hun Sen will pay an official visit to the Russia Federation next week, where he will have a bilateral meeting with Russian president Vladimir Putin. ...

Two convicted Cambodian-American fraudsters were named among five shareholders, including Justice Minister Ang Vong Vathana, in a shadowy offshore company based in the British Virgin Islands in the latest trove of “Panama Papers,” which were released on Tuesday.   ...

Prime Minister Hun Sen has signed a sub-decree to mark 18 protected areas over nearly three million hectares of land across Prey Lang forest, according to a Ministry of Environment statement released yesterday. ...

Prime Minister Hun Sen yesterday confirmed official announcements made on Monday that about 70,000 cubic meters of timber confiscated by the National Anti-Deforestation Committee (NADC) would be put up for auction, reneging on his previous statement that the timber would go to the Education Ministry ...

Six months since Cambodia’s market regulator officially launched derivatives trading in Cambodia, Phnom Penh Securities Plc is poised to become the first local securities firm to legally trade the complex and little-understood financial instrument. ...

Prime Minister Hun Sen on Tuesday retracted an order to use all illegally logged wood seized by the government to build schools and housing for teachers, arguing that they would struggle to carry the wood out of the forest.   ...

Cambodia’s ambassador to Australia yesterday swiftly denied allegations of corruption amid reports the embassy is under investigation for links to an alleged alcohol and tobacco black market that took in roughly $200,000.   ...

During a closed-door session at the Phnom Penh Municipal Court yesterday, Muslim community leader Ahmad Yahya denied defaming fellow community leader Othsman Hassan.   ...