The Phnom Penh Post
Risk puts brakes on movable assets
Access to credit would increase dramatically if Cambodian borrowers could put up movable assets as collateral, but lenders say much more needs to be done to remove the risks associated with these assets, including the establishment of a legal framework that would restrict changes in ...
Hor Kimsay
http://www.phnompenhpost.com/business/risk-puts-brakes-movable-assets
Vietnamese data show timber exports are continuing
According to the figures, Vietnam imported 21,670 cubic metres of sawn wood valued at $13.7 million in April, a 27 percent drop compared to February and an almost 50 percent decrease compared to March. ...
Shaun Turton and Niem Chheng
http://www.phnompenhpost.com/national/vietnamese-data-show-timber-exports-are-continuing
Outbreak hits 24 at Kampong Speu prison
Twenty-four inmates in Kampong Speu’s provincial prison – where five prisoners escaped earlier this week – are reportedly experiencing a combination of respiratory difficulties, coughing, skin rashes and swollen legs. ...
Khouth Sophak Chakrya and Martin de Bourmont
http://www.phnompenhpost.com/national/outbreak-hits-24-kampong-speu-prison
Kandal families allege official intimidation
Sixteen families in Kandal have accused a purported Interior Ministry official of sending soldiers to intimidate them to take their land, though the official denied the claims and said no such dispute existed at all. ...
Soth Koemsoeun
http://www.phnompenhpost.com/national/kandal-families-allege-official-intimidation
Monitor’s results CPP took about 50% at election
Transparency International (TI) Cambodia yesterday said that the ruling Cambodian People’s Party appeard to have won 49.4 percent of the nationwide popular vote on June 4 based on the stations it monitored, nearly six percentage points ahead of the CNRP’s 43.2 percent. ...
Ananth Baliga
http://www.phnompenhpost.com/national/monitors-results-cpp-took-about-50-election
China’s squeeze on capital outflow felt in Cambodia
Stringent capital controls imposed by China’s central bank last November that scrutinise the outbound flow of money from the mainland have created uncertainty for Chinese investors looking at the Cambodian market and could jeopardise future and existing projects. ...
Kali Kotoski and Brian Ng
http://www.phnompenhpost.com/business/chinas-squeeze-capital-outflow-felt-cambodia
Maize has local farmers’ ears
Growing demand for animal feed is driving up both the demand and price of corn, with smallholder farmers claiming the field crop offers a more stable market than cassava.Corn is grown on more than 140,000 hectares in Cambodia and can be harvested twice a year, ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/maize-has-local-farmers-ears
Only two complaints outstanding, NEC says
Out of 64 complaints filed with the National Election Committee (NEC) over the June 4 commune elections, only two remain outstanding, the election body said yesterday. ...
Niem Chheng
http://www.phnompenhpost.com/national/only-two-complaints-outstanding-nec-says
Endangered turtle hatchlings released into Mekong
The Wildlife Conservation Society (WCS) yesterday released 150 endangered Asian giant softshell turtles into the wild as part of a “community protection programme”, the organisation announced. Gathered from nests guarded by local communities, including former egg harvesters, the hatchlings were released into their natural habitat ...
Jovina Chua
http://www.phnompenhpost.com/national/endangered-turtle-hatchlings-released-mekong
Dam’s consultation process concludes
The consultation process for the controversial proposed Pak Beng dam in Laos concluded on Monday, allowing construction to begin even as local and international civil society groups continued to urge a delay until a forthcoming Mekong River Commission (MRC) environmental assessment is released later this ...
Andrew Nachemson
http://www.phnompenhpost.com/national/dams-consultation-process-concludes
Banks roll out cards with new logos
Financial institutions that were abruptly ordered to change their logos earlier this year due to the perceived similarities with state iconography have begun issuing new bank cards to their clients free of charge. ...
Kali Kotoski
http://www.phnompenhpost.com/business/banks-roll-out-cards-new-logos
Koh Kong airport confirmed to begin construction in early 2018
The international airport to be built in Koh Kong province will kick off construction in January next year, according to a spokesman from the State Secretariat of Civil Aviation (SSCA). ...
Siv Meng
http://www.phnompenhpost.com/post-property/koh-kong-airport-confirmed-begin-construction-early-2018
Partnership to lift rice standards in Kingdom
The International Finance Corporation and Amru Rice, one of Cambodia’s biggest rice exporters, launched a new partnership yesterday to improve the competitiveness of the Kingdom’s rice sector, according to a press release. ...
Post Staff
http://www.phnompenhpost.com/business/partnership-lift-rice-standards-kingdom
City Hall lays plans for permanent cable bridge
A planned temporary bridge north of the Cambodia-Japan-Friendship Bridge will be replaced by a large and permanent cable-stayed bridge once renovation of the latter bridge is complete, a City Hall spokesman said yesterday. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/city-hall-lays-plans-permanent-cable-bridge
Rainsy claims military would back CNRP win
Former opposition leader Sam Rainsy said in a speech on Monday that military leaders aligned with the ruling party recently “came to whisper” to him the message that they would not prevent the opposition taking power if it were to win the 2018 national election. ...
Meas Sokchea
http://www.phnompenhpost.com/national/rainsy-claims-military-would-back-cnrp-win
Assembly criticised over MPs’ immunity
During an otherwise routine National Assembly session to make amendments to the Senate Election Law, opposition lawmaker Son Chhay yesterday took the opportunity to criticise the assembly for not adhering to immunity laws after the arrests and convictions of lawmakers Um Sam An and Senator ...
Touch Sokha
http://www.phnompenhpost.com/national/assembly-criticised-over-mps-immunity
Commuter train hopes for route expansion to SEZ
A commuter rail service that runs from Phnom Penh’s central district to beyond its airport has slowly gained traction since it launched three months ago, raising the possibility that it could be expanded to connect the capital’s biggest industrial park. ...
Kali Kotoski
http://www.phnompenhpost.com/business/commuter-train-hopes-route-expansion-sez
Shaky outlook for black pepper
The rapid expansion of pepper cultivation in Cambodia coincides with the spice’s plummeting world prices, creating concerns that the glut of pepper ripening on vines across the Kingdom could further erode next season’s market prices and push the sector toward a collapse. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/shaky-outlook-black-pepper
CMAC unearths cache of 1,800 pieces of UXO
The Cambodian Mine Action Centre (CMAC) has unearthed more than 1,800 pieces of unexploded ordnance in Kandal province’s Takhmao town, with authorities saying they believe it was buried there for the July 1997 factional fighting in Phnom Penh. ...
Soth Koemsoeun
http://www.phnompenhpost.com/national/cmac-unearths-cache-1800-pieces-uxo
Complaint filed by small party leader against Kem Sokha
Cambodia Youth Party leader Pich Sros filed a complaint today at the Phnom Penh Municipal Court against Cambodia National Rescue Party leader Kem Sokha in response to the latter’s encouragement of voters not to “waste” their votes on small parties. ...
Niem Chheng
http://www.phnompenhpost.com/national/complaint-filed-small-party-leader-against-kem-sokha
Proposal to teach Hun Sen’s life story in schools seen as hagiography by some
Students at schools in Cambodia will learn about the life, achievements and leadership of Prime Minister Hun Sen under a proposal by the Defence Ministry to change the nation’s curriculum and introduce the ruling party’s fiercely contested historical narrative into textbooks. ...
Mech Dara and Shaun Turton
http://www.phnompenhpost.com/national/proposal-teach-hun-sens-life-story-schools-seen-hagiography-some
Chief’s wife charged over timber
The wife of the Srekor commune police chief in Stung Treng province has been charged and placed in pre-trial detention for possessing some 400 logs of luxury wood near the couple’s home. ...
Phak Seangly
http://www.phnompenhpost.com/national/chiefs-wife-charged-over-timber
Government vows to tighten control over Kingdom’s pawnbrokers
The government is preparing legislation aimed at ensuring tighter control over the nation’s pawnshops to ensure professionalism in a sector that has grown rapidly and lacks a supervisory framework. ...
Hor Kimsay
http://www.phnompenhpost.com/business/government-vows-tighten-control-over-kingdoms-pawnbrokers
Room for growth in innovation
Cambodia lags behind much of the world in terms of innovation, placing last among other countries in Asia despite significant inflows of foreign investment capital that could be used to develop innovative technologies, according to a new report. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/room-growth-innovation