The Phnom Penh Post

The National Bank of Cambodia (NBC) announced on Friday that local banks and microfinance institutions (MFIs) can now issue corporate bonds or list equity securities on the nascent Cambodian stock market, a move industry insiders claim will help financial institutions raise capital and be less ...

A prominent Vietnamese timber trader was arrested and put in pre-trial detention for the second time this year after some two tonnes of rosewood allegedly connected to her were discovered in Oddar Meanchey province, authorities said yesterday. ...

More than a month after the announcement of its ostensibly 30-day suspension, land rights organisation Equitable Cambodia remains stuck in limbo, with the Ministry of Interior saying the NGO must wait for the ministry’s approval to reopen. ...

The United States has extended for two months a grant to clear unexploded ordnances from the country through the Cambodian Mines Action Centre. ...

The Supreme Court on Thursday ruled to dissolve the Cambodia National Rescue Party, removing the only existing electoral threat to Prime Minister Hun Sen’s grip on power in the Kingdom and undoing in one stroke the opposition’s gains over the last five years. ...

The Supreme Court this evening ruled to dissolve the Cambodia National Rescue Party, ending the only existing electoral threat to Prime Minister Hun Sen’s grip on power in the Kingdom. ...

Kampong Chhnang Provincial Military Police Commander Sak Sarang was questioned yesterday at the Phnom Penh Municipal Court in relation to allegedly taking bribes from illegal loggers in Mondulkiri, where he was previously stationed. ...

Checkpoints went up on national roads, barricades were dumped in front of the Supreme Court and police paid unannounced visits to civil society organisations and opposition officials as darkness fell yesterday ahead of today’s Supreme Court hearing on the dissolution of the opposition CNRP. ...

Rice farmers and millers are confident that the price for premium fragrant paddy will continue to increase over the next two weeks as the annual harvest season for Phka Rumduol wraps up. However, farmers complain that they are still facing long-standing problems that could see ...

Two former Radio Free Asia reporters arrested on Tuesday night remained in detention at Phnom Penh Municipal Police headquarters yesterday evening, with authorities confirming that the pair were under investigation for allegedly sending news reports to the radio broadcaster. ...

In 2012, a little over a month after the Human Rights Party and Sam Rainsy Party won a combined 40 commune chief positions in local elections, the two groups met in Manila, finally agreeing on what had been bandied about for years: a united opposition ...

The Ministry of Economy and Finance (MEF) recently decided to shrink the tax burden for local microfinance institutions (MFIs) by lowering withholding tax on interest from loans acquired from abroad from 14 to 10 percent, a move that the government claims will keep the massive ...

Prime Minister Hun Sen announced yesterday that China will begin funding demining efforts, just days after the US said it would pull financial support for a removal project with the Cambodian Mine Action Centre in the eastern part of the country. ...

A Ministry of Health official yesterday said the ministry has banned the buying and selling of antibiotics without a prescription in an effort to curb the overuse that has led to an alarming level of antibiotic resistance in the Kingdom. ...

Scandals are beginning to brew now that the real estate market is expanding with more affordable housing and cheaper land prices. The situation has been exacerbated by the lack of laws governing the sector and managing stakeholder disputes. ...

Emerald Resources, the Australian-listed mining firm behind Cambodia’s Okvau gold project in Mondulkiri province, is one step closer to receiving an industrial mining licence after it signed an environmental contract with the Ministry of Environment (MoE), the firm announced yesterday. ...

Some 124 logs of luxury timber were discovered on a riverbed on Sunday within Mondulkiri’s Srepok Wildlife Sanctuary some 500 metres from a military base, officials said yesterday. ...

Minister of Interior Sar Kheng yesterday issued an order demanding that all provincial governors create a “standby working group” to monitor the political situation in anticipation of unrest following the opposition party’s potential dissolution later this week. ...

Russia will send observers to the Kingdom for the upcoming national elections and has pledged to sit down to discuss Cambodia’s outstanding debt, a move that analysts yesterday saw as a sign of solidarity between two governments increasingly out of favour with the West. ...

Cambodia and China signed a Memorandum of Understanding (MoU) on Friday to support the development of the Kingdom’s e-commerce business operations. ...

An oknha accused of overseeing a massive illegal logging scheme in Mondulkiri has yet to appear for a court summons issued more than a month ago, according to the investigating judge. ...

The waters of the Koh Rong Archipelago may yet receive an additional layer of administrative protection, the Ministry of Environment announced last week, although how the proposed “marine park” will function remains to be seen, stakeholders said yesterday. ...

Authorities in Kandal province arrested 19 people in a timber raid at a Metfone shop, but released 15 after questioning, including the branch’s director. ...

Singapore’s KrisEnergy, the operator of Cambodia’s offshore Block A in the Gulf of Thailand, announced late last week that it has submitted documentation to the Ministry of Environment for a proposed 1,200-square-kilometre 3D seismic survey of its offshore tenement next year. ...