The Phnom Penh Post

Push for border use of local currencies

Business leaders from the Lower Mekong region are urging their respective governments to use local currencies for trading in border regions instead of the US dollar, arguing that this would facilitate business transactions and reduce exchange costs, a Thai newspaper reported yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/push-border-use-local-currencies

Military voting scheme ‘concerning’: watchdog

An election watchdog yesterday announced it had uncovered plans to move registration stations closer to military bases in Kampong Speu, Tbong Khmum and Kampong Chhnang provinces.​ ...

Vong Sokheng and Shaun Turton
http://www.phnompenhpost.com/national/military-voting-scheme-concerning-watchdog

Miners ask Hun Sen to let them dig deeper

More than 500 villagers in Mondulkiri’s Chung Phlas’ mining community thumbprinted a letter sent to Prime Minister Hun Sen, and to the Ministry of Mines and Energy and its provincial counterpart, requesting that those holding a community mining licence be allowed to dig below the ...

Sen David
http://www.phnompenhpost.com/national/miners-ask-hun-sen-let-them-dig-deeper

Timber inspection halted in Ratanakkiri

Authorities in Ratanakkiri province’s O’Yadav district were thwarted in their attempt to inspect an ethnic Jarai community’s timber stocks on Tuesday, with some officials and observers ascribing the incident to a clash of cultures. ...

Touch Sokha
http://www.phnompenhpost.com/national/timber-inspection-halted-ratanakkiri

Hundreds of hectares cleared in Mondulkiri: gov

Mondulkiri’s provincial governor yesterday said officials are investigating allegations of the clearing of 200 to 300 hectares of protected forestland in Keo Seima district. ...

Kong Meta
http://www.phnompenhpost.com/national/hundreds-hectares-cleared-mondulkiri-gov

Software for cleaner money

Tess International, a Malaysia-based provider of software solutions for the financial sector, signed a distributor agreement yesterday with Cambodian management consulting and business technology firm IdeaLink Consulting to provide software to Cambodian banks and microfinance institutions that helps them combat financial crimes. ...

Hor Kimsay
http://www.phnompenhpost.com/business/software-cleaner-money

Cambodia on alert for US taxpayers

With the Internal Revenue Service (IRS), the tax-collection arm of the United States government, stepping up its global sweep to catch American individuals and corporations hiding their overseas earnings, the American Chamber of Commerce in Cambodia yesterday held a presentation for investors and financial institutions ...

Kali Kotoski
http://www.phnompenhpost.com/business/cambodia-alert-us-taxpayers

Local chiefs still key to registration, study finds

Despite having access to other sources of information about the election process, including television and smartphones, Cambodia’s urban poor remain heavily reliant on potentially biased village-level officials when it comes to voter registration, according to a new report. ...

Ananth Baliga and Kong Meta
http://www.phnompenhpost.com/national/local-chiefs-still-key-registration-study-finds

Study links toilet usage, height

A new study has found that open defecation, which is still commonly practised in Cambodia, has direct links to reduced heights in children, with a decrease in the practice over five years leading to increases in height. ...

Andrew Nachemson
http://www.phnompenhpost.com/national/study-links-toilet-usage-height

Agro report reveals drop in state fisheries revenue

A report issued by the Ministry of Agriculture for the first nine months of this year showed a dramatic decline in government revenue from the fisheries sector, while providing incomplete information on revenue from other agricultural sectors. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/agro-report-reveals-drop-state-fisheries-revenue

Navy to hold exercises with US sailors off coast

Cambodian Navy personnel are preparing to hold joint exercises with counterparts from the United States next month, an official said yesterday. Mey Dina, deputy commander and chief of staff of the Royal Cambodian Armed Force’s Navy, said about 200 officers from both countries would begin the ...

Vong Sokheng
http://www.phnompenhpost.com/national/navy-hold-exercises-us-sailors-coast

Gov’t eyes million-tonne rice quota deal with Indonesia

Cambodia is close to signing an ambitious agreement with the Indonesian government that would pave the way for the Kingdom’s rice producers to export 1 million tonnes of rice under a new quota scheme, a state official said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/govt-eyes-million-tonne-rice-quota-deal-indonesia

Donaco’s Poipet gamble pays off

Casino operator Donaco International Ltd posted a seven-fold increase in revenue in its first full-year financial filing since acquiring the Star Vegas Resort and Club in Banteay Meanchey province’s Poipet commune, according to the company’s audited annual report, released yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/donacos-poipet-gamble-pays

Thieves rob Takeo voter registration location

Police in Takeo province’s Prey Kabbas district are investigating the theft of equipment from a Prey Lvea commune voter registration office on Thursday. National Election Committee voter registration department head Top Rithy said the thief or thieves broke the building’s lock and swiped all but the ...

Bun Sengkong
http://www.phnompenhpost.com/national/thieves-rob-takeo-voter-registration-location

Krungsri expects more growth from Cambodian MFI

Thailand’s Bank of Ayudhya released its first financial statement since completing its acquisition of Cambodian microlender Hattha Kaksekar Ltd (HKL) last month, showing a quarterly net profit increase of 10.6 percent from a year earlier. ...

Kali Kotoski
http://www.phnompenhpost.com/business/krungsri-expects-more-growth-cambodian-mfi

New unit to fix prosthetics

The International Committee of the Red Cross (ICRC) in Cambodia announced yesterday the launch of a new mobile workshop that repairs prosthetics for the disabled in Siem Reap province. ...

Andrew Nachemson
http://www.phnompenhpost.com/national/new-unit-fix-prosthetics

Cambodia worst in region for rule of law: report

Cambodia ranked 112 out of 113 countries surveyed globally and dead last in the East Asia and Pacific region when it comes to the perceived rule of law, a new report released today states. ...

Cristina Maza
http://www.phnompenhpost.com/national/cambodia-worst-region-rule-law-report

Despite the lofty goals of the Paris Peace Agreement, 25 years on, Prime Minister Hun Sen has achieved his own

Amid the winding-down of the Cold War in early December 1987, Prime Minister Hun Sen and Prince Norodom Sihanouk met in the quiet northern French village of Fère-en-Tardenois for their first talks on ending Cambodia’s intractable civil war. It was an overture that opened the ...

Alex Willemyns and Mech Dara
http://www.phnompenhpost.com/national/well-always-have-paris-peace-accords-25-years-later

Job site seeks to curb dangerous migration

The NGO Open Institute has launched a new online service that aims to help Cambodian unskilled labourers find jobs within the country as part of an effort to discourage worker migration in hopes of reducing human trafficking. ...

Andrew Nachemson
http://www.phnompenhpost.com/national/job-site-seeks-curb-dangerous-migration

NBC survey shows riel perceptions

The central bank released its first-ever national study yesterday on perceptions and usage of the riel and foreign currencies in Cambodia, which aimed at not only understanding existing trends, but also at steering future financial legislation to boost the circulation of Cambodia’s national currency. ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/nbc-survey-shows-riel-perceptions

Forestry crimes triple, but fines down: report

Illegal forest clearing is taking place at about three times the rate it did last year, but fines for forestry and wildlife crimes have fallen dramatically, according to a progress report released last week by the Ministry of Agriculture, Forests and Fisheries (MAFF). ...

Mech Dara and Jack Davies
http://www.phnompenhpost.com/national/forestry-crimes-triple-fines-down-report

Cambodian rice exports cause a stir in Italy

Ente Nazionale Risi (ENR), Italy’s national rice agency, has raised concern over increased European rice imports from countries such as Cambodia, according to rice industry publication Oryza. ...

Post Staff
http://www.phnompenhpost.com/business/cambodian-rice-exports-cause-stir-italy

Casinos pay $37.4M in tax during first 9 months

Tax revenue from Cambodia’s 69 licensed casinos reached $37.4 million for the first nine months of the year, growing 35.5 percent compared to the same period last year, according to a report from the Ministry of Economy and Finance. ...

Post Staff
http://www.phnompenhpost.com/business/casinos-pay-374m-tax-during-first-9-months

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