The Phnom Penh Post

Emerald Resources, Sprott enter credit agreement

Australia-listed Emerald Resources NL has entered into an investment committee approved term sheet with Sprott Private Resource Lending II LP to provide a $60 million facility that will be used to finance the Okvau Gold Project in Mondulkiri. ...

May Kunmakara
https://www.phnompenhpost.com/business/emerald-resources-sprott-enter-credit-agreement

Villagers save vital wetlands from land grab

The Kampong Cham provincial Department of Agriculture, Forestry and Fisheries is looking for the owner of a tractor involved in clearing wetlands at Cholkiri district’s Peam Chhkork commune, to send him to court for legal action. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/villagers-save-vital-wetlands-land-grab

Deadline set to apply for DTA tax benefits

The General Department of Taxation (GDT) has announced that companies wanting to benefit from tax cuts resulting from the country’s double taxation avoidance (DTA) agreements must send in their applications before March 31. ...

May Kunmakara
https://www.phnompenhpost.com/business/deadline-set-apply-dta-tax-benefits

PAS recieves 200 container lifeline

Garment factories in the Kingdom have been handed a lifeline as nearly 200 containers arrived at Sihanoukville Autonomous Port (PAS) on Monday to ease the shortage of raw materials in the sector. ...

Thou Vireak
https://www.phnompenhpost.com/business/pas-recieves-200-container-lifeline

CDC: Investment in Kingdom stable

The Council for the Development of Cambodia (CDC) approved four projects, worth a combined $17.4 million, during the first 10 days of February. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-investment-kingdom-stable

Pluralism to take centre stage at Asem gathering

Cambodia is preparing to host the 13th Asia-Europe Meeting (Asem) for the first time on November 16-17 this year, in what Prime Minister Hun Sen has called a landmark in historical diplomacy, where pluralism will take centre stage. ...

Khorn Savi
https://www.phnompenhpost.com/national-politics/pluralism-take-centre-stage-asem-gathering

Cambodian firms urged to embrace e-commerce

The president of the Cambodian Investment Federation on Sunday highlighted the critical role of e-commerce in the local market as the government works to turn the Kingdom into a digital economy. ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodian-firms-urged-embrace-e-commerce

Gov’t cuts taxes on rubber exports to aid ailing sector

The government has reduced taxes on rubber exports to minimise the impact of a fall in the international price of the commodity. ...

May Kunmakara
https://www.phnompenhpost.com/business/govt-cuts-taxes-rubber-exports-aid-ailing-sector

Banks support NBC proposal

The Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) have expressed support for suggestions the National Bank of Cambodia (NBC) has given to financial institutions to reduce the impact of Covid-19 on the local economy. ...

May Kunmakara
https://www.phnompenhpost.com/business/banks-support-nbc-proposal

Monks reveal Sangke threat

The Battambang provincial governor has ordered the authorities to close sewers in the Sangke River after monks posted a video showing toxic wastewater flowing into it and allegedly affecting nearby residents’ health. ...

Khorn Savi
https://www.phnompenhpost.com/national/monks-reveal-sangke-threat

Hun Sen celebrates women's rights

On the occasion of the 109th International Women’s Day, Prime Minister Hun Sen called for more women in leadership positions, better law enforcement to speed up the trials involving them, and improved education for their next generation in the Kingdom. ...

Voun Dara
https://www.phnompenhpost.com/national/hun-sen-celebrates-womens-rights

NGO calls for climate budget transparency

NGO Forum on Cambodia issued a report on Wednesday which said that from 2000 to 2017, some one million houses were seriously affected by climate change disasters. Yet, government spending on the issue remained relatively limited. ...

Khorn Savi
https://www.phnompenhpost.com/national/ngo-calls-climate-budget-transparency

Official accused of stealing land

People from two villages in Sen Monorom commune, O’Raing district, in Mondulkiri province urged the authorities to prioritise a land dispute involving a former district council official who bought some plots but then allegedly proceeded to grab others belonging to people from nearby villages. ...

Long Kimmarita
https://www.phnompenhpost.com/national/official-accused-stealing-land

Cambodian gets Covid-19

The government has ordered the closure of all public and private schools and several vocational training centres in Siem Reap town after a 38-year-old Cambodian man was confirmed Covid-19 positive on Saturday. ...

Niem Chheng
http://phnompenhpost.com/national/cambodian-gets-covid-19

Jobs saved as factories obtain raw materials

The garment and footwear industries in the Kingdom have been given a new lease of life, thanks to the arrival of raw materials from China. ...

Thou Vireak
https://www.phnompenhpost.com/national/jobs-saved-factories-obtain-raw-materials

Rice association responds to stockpiling concerns

As fears of Covid-19 drive people to stockpile food, some fear supermarkets may run out of essential commodities like rice. ...

Thou Vireak
https://www.phnompenhpost.com/national/rice-association-responds-stockpiling-concerns

Poor families claim land concession sold to others

A group of 160 poor families from the Bunong indigenous community in Mondulkiri province’s Pech Chreada district have filed a complaint against their representative, accusing him of selling land earmarked for them as part of a social land concession. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/poor-families-claim-land-concession-sold-others

Banks, MDIs urged to provide loans

The National Bank of Cambodia (NBC) has encouraged banks and money-deposit taking institution (MDIs) to continue disbursing loans and possibly suspend interest for businesses impacted by the Covid-19 outbreak, especially in the tourism industry. ...

May Kunmakara
https://www.phnompenhpost.com/business/banks-mdis-urged-provide-loans

Regional appeal courts set in motion

King Norodom Sihamoni has issued a royal decree ordering the opening of three regional appeal courts in Preah Sihanouk, Battambang and Tbong Khmum provinces.   ...

Voun Dara
https://www.phnompenhpost.com/national/regional-appeal-courts-set-motion

Ministry of Environment marks World Wildlife Day

In conjunction with World Wildlife Day which fell on Tuesday, the Ministry of Environment has called on the people to stop eating wildlife meat and take part in the preservation and conservation of wildlife and natural resources. ...

Voun Dara
https://www.phnompenhpost.com/national/ministry-environment-marks-world-wildlife-day

Japan donates $960,000 to Khmer Rouge tribunal

The Japanese government has announced a new contribution of $960,000 to the international component of the Extraordinary Chambers in the Courts of Cambodia (ECCC) to support the continuation of the Khmer Rouge tribunal. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national-kr-tribunal/japan-donates-960000-khmer-rouge-tribunal

CMAC, TMAC ink demining agreements

The Cambodian Mine Action Centre (CMAC) and the Thailand Mine Action Centre (TMAC) on Tuesday signed an agreement on research and mine clearance in areas near the border. ...

Voun Dara
https://www.phnompenhpost.com/national/cmac-tmac-ink-demining-agreements

Cambodia power up

The first phase of the $380 million HFO power plant in Kandal province’s Lvea Em district will begin operations in April and produce 100MW of electricity, said the Ministry of Mines and Energy. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-powers

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