The Phnom Penh Post
Bovine use in farm work falls
The increasing adoption of machinery in Cambodia drove down the use of bovines as draught power in the agricultural sector to below one per cent last year, a trend a senior official at the Ministry of Agriculture, Forestry and Fisheries believes will extend into the ...
Hin Pisei
https://www.phnompenhpost.com/business/bovine-use-farm-work-falls
ARDB seeks $30M more for SME loans
Agriculture and Rural Development Bank of Cambodia (ARDB) expects to receive an additional $30 million from the government for special-purpose loans to keep the Kingdom’s smaller businesses afloat amid the ongoing economic duress of Covid-19, according to the state-owned bank’s director-general Kao Thach. ...
Thou Vireak
https://www.phnompenhpost.com/business/ardb-seeks-30m-more-sme-loans
Officials probe death of wild birds at Prey Veng sanctuary
Experts from the Prey Veng provincial Department of Environment are searching for and collecting dead wild birds in the Tuol Porn Taley Boeung Sne conservation area to determine the cause of death after villagers and local authorities reported that hundreds of birds had died for ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/officials-probe-death-wild-birds-prey-veng-sanctuary
Centuries-old trees to be preserved
After the discovery of about 100 large, centuries-old trees in Keo Seima wildlife sanctuary in Mondulkiri province, Ministry of Environment officials and rangers have set up protection and conservation measures to protect. ...
Kim Sarom
https://www.phnompenhpost.com/national/centuries-old-trees-be-preserved
Report reveals snags for women, youth on path to leadership roles
Transparency International (TI) Cambodia on March 19 released a survey report on the challenges of women and youth in leadership roles in Cambodia. The report recommended the government, NGOs, relevant ministries and institutions to promote women and youth in decision-making positions. ...
Niem Chheng
https://www.phnompenhpost.com/national/report-reveals-snags-women-youth-path-leadership-roles
‘Allied action required for digital shift’
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. ...
May Kunmakara
https://www.phnompenhpost.com/business/allied-action-required-digital-shift
Worldbridge, Singapore’s Union Gas set to form joint venture, supply LPG in Kingdom
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. ...
Thou Vireak
https://www.phnompenhpost.com/business/worldbridge-singapores-union-gas-set-form-joint-venture-supply-lpg-kingdom
PPAP to reorganise LM17 terminal, sets new container rules
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 ...
Thou Vireak
https://www.phnompenhpost.com/business/ppap-reorganise-lm17-terminal-sets-new-container-rules
Environment ministry, CYN launch ‘Forest Restoration' campaign
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. ...
Lay Samean
https://www.phnompenhpost.com/national/environment-ministry-cyn-launch-forest-restoration-campaign
CDC approves eight projects so far in March
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). ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-eight-projects-so-far-march
Tax revenue from casino sector drops
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. ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-revenue-casino-sector-drops
BAKC inks MoU for victimised women
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. ...
Voun Dara
https://www.phnompenhpost.com/national/bakc-inks-mou-victimised-women
Preah Vihear villagers seek solution to ‘encroachment’
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. ...
Long Kimmarita
https://www.phnompenhpost.com/national/preah-vihear-villagers-seek-solution-encroachment
Six illegal logging tractors seized
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. ...
Nov Sivutha
https://www.phnompenhpost.com/national/six-illegal-logging-tractors-seized
20K tonnes of fish left unsold
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. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/20k-tonnes-fish-left-unsold
GDT firm on March 31 tax deadline
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. ...
May Kunmakara
https://www.phnompenhpost.com/business/gdt-firm-march-31-tax-deadline
Tobacco exports trail off in 2020
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. ...
Thou Vireak
https://www.phnompenhpost.com/business/tobacco-exports-trail-2020
Kampong Speu could get cement plant
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. ...
Hin Pisei
https://www.phnompenhpost.com/business/kampong-speu-could-get-cement-plant
Kampong Speu reclaims 266ha state land
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. ...
Nov Sivutha
https://www.phnompenhpost.com/national/kampong-speu-reclaims-266ha-state-land
China demand stretches rubber prices
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. ...
Hin Pisei
https://www.phnompenhpost.com/business/china-demand-stretches-rubber-prices
Feb 20 event further weighs on transport, logistics
The February 20 community transmission has compounded the woes of the transport and logistics sectors still reeling from the Covid-19 health crisis. ...
Thou Vireak
https://www.phnompenhpost.com/business/feb-20-event-further-weighs-transport-logistics
Kingdom joins ASEAN securities plan
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. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-joins-asean-securities-plan
Sea fillers warned of legal actions
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. ...
Nov Sivutha
https://www.phnompenhpost.com/national/sea-fillers-warned-legal-actions
Indigenous villagers put under court supervision
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. ...
Long Kimmarita
https://www.phnompenhpost.com/national/indigenous-villagers-put-under-court-supervision