The Phnom Penh Post

Cambodia continues to face a multitude of challenges as digital payments and solutions graduate from a niche business to a key segment in the Kingdom’s development strategy, according to National Bank of Cambodia (NBC) assistant governor Chea Serey on March 17. ...

Singapore-listed Union Gas Holdings Ltd has signed a non-binding letter of intent (LoI) with Worldbridge Industrial Developments Co Ltd (WBID) to form a joint venture company (JVCo) to supply and distribute liquefied petroleum gas (LPG) in the Kingdom. ...

The stock-listed Phnom Penh Autonomous Port (PPAP) is set to give the LM17 container terminal just east of the capital a much-needed layout overhaul to relieve congestion. The river-port operator said this in a March 3 statement signed by director-general Hey Bavy and released to ...

The Ministry of Environment, relevant institutions and the Cambodian Youth Network (CYN) on March 21 launched an online Cambodian forest projection campaign to celebrate World Forest Day under the theme “Forest Restoration” to show the public the importance of forests for mankind. ...

Cambodia approved eight investment projects worth over $69 million in the first three weeks of this month that are expected to deliver 5,249 jobs, according to a report from the Council for the Development of Cambodia (CDC). ...

Tax revenue from Cambodia’s casino industry cratered in 2020 as Covid-19 prompted the government to tighten entry restrictions, limiting the number of international visitors to the Kingdom, according to a Ministry of Economy and Finance senior official on March 21. ...

The Bar Association of the Kingdom of Cambodia (BAKC) will work with Cambodia National Council for Women to provide legal defence services and train enforcement officials in relevant laws. ...

Around 230 families from three villages in Romtom commune of Preah Vihear province’s Rovieng district said they are worried about the continued encroachment on their farmland by three companies which have licences for gold mining and agricultural in the area. ...

Svay Leu district forestry administration office in Siem Reap province has given a month’s notice to the owners of homemade tractors impounded last week for transporting illegal timber. Authorities warned that if no action was taken the administration would take the case to court. ...

President of the Cambodian Aquaculturist Association (CAA) has requested that relevant ministries find a solution to the more than 20,000 tonnes of aquaculture fish left unsold as imports flood the market. ...

General Department of Taxation (GDT) director-general Kong Vibol refused to budge on a March 31 deadline to file tax on income (ToI) for fiscal year 2020 despite the economic pressure on the business community caused by the Covid-19 pandemic. ...

Cambodia exported more than 5.8 thousand tonnes of dried tobacco leaves worth more than $17 million to nine countries last year, marking a 14 per cent and 28 per cent decline in volume and value, respectively, over 2019. ...

Conch KT Cement (Phnom Penh) Co Ltd plans to build a $263 million cement factory in Kampong Speu province with a two-million-tonne-a-year capacity, according to provincial governor Vei Samnang on March 18. ...

The Kampong Speu provincial authorities are working to identify land grabbers after reclaiming more than 266ha of land at nine sites in Oral district’s Tasal and Trapaing Chor communes as state property. ...

The prices of Cambodian natural rubber latex on international markets have risen by more than 10 per cent year-on-year in the first quarter, driven by rising demand from China, according to a senior official of the Ministry of Agriculture, Forestry and Fisheries. ...

The February 20 community transmission has compounded the woes of the transport and logistics sectors still reeling from the Covid-19 health crisis. ...

The newly-renamed Securities and Exchange Regulator of Cambodia (SERC) and its nine capital-market-regulator counterparts in ASEAN on March 15 signed a new five-year Action Plan 2021-2025 for the development of the sector. ...

The Koh Kong and Preah Sihanouk provincial authorities are working to identify people who have filled in the sustainable Use Area in Koh Kong ’s Mondul Seima district and an area of sea in Preah Sihanouk’s Stung Hav district. ...

The Mondulkiri Provincial Court has charged three members of an indigenous community in Laoka village of Sen Monorom town’s Sokdum commune with aggravated intentional damage and violence against a real estate agent and ordered them to appear at the court once a month. ...

The Kampot Provincial Administration has issued a letter instructing the So Nguon Group to suspend its clearing activities on disputed land in Dom Phdao village of Chhouk district’s Trapaing Phlaing commune. ...

Environment officials are preparing to send three suspects to the Preah Sihanouk Provincial Court after arresting them on March 13 in connection with encroachment on state forest land in the multi-use areas of Prek Teuk Sap Kbal Chhay in Prey Nop district. ...

According to a new think-piece released by Visa, small businesses have demonstrated their resilience by adapting quickly to the impact of COVID-19. ...

Most retail businesses in Phnom Penh have seen a substantial plunge in sales since the February 20 community transmission, which continues to spread across the capital and to the provinces. ...

A Tbong Khmum provincial farming community is on tenterhooks as it waits for its 11 20-litre batches of mango wine to ferment, in a new project backed by the provincial agriculture department as it explores new opportunities for the fruit. ...