The Phnom Penh Post
Lower fuel prices no remedy for troubled transport sector
While local petroleum prices have dropped by nearly a quarter of their value since the start of the year, companies operating in the Kingdom’s highly competitive transportation sector insist they have not been able to convert lower fuel costs into higher profits – even when ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/lower-fuel-prices-no-remedy-troubled-transport-sector
NGOs urge UN action on human rights
Twelve NGOs have issued an open letter to the UN Human Rights Council urging it to adopt a strong resolution on what they term the grave deterioration of the human rights situation in Cambodia. ...
Jack Davies
http://www.phnompenhpost.com/national/ngos-urge-un-action-human-rights
Environmental groups given chance to address PM Hun Sen at forum
With a mixture of hope and hard-earned scepticism, environmentalists from around the country will today get an opportunity most had never dreamed possible: an audience with the prime minister. About 500 civil society activists have been invited to Phnom Penh for the first National Forum ...
Cristina Maza and Kong Meta
http://www.phnompenhpost.com/national/environmental-groups-given-chance-address-pm-hun-sen-forum
IPAC to work closely with gov’t to enhance intellectual property
Cambodia’s first independent association for promoting intellectual property (IP) is seeking closer cooperation with government agencies to help the private sector better understand IP, its benefits and the importance of registering their products. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/ipac-work-closely-govt-enhance-intellectual-property
Cambodian workers released from detention in Thailand
Nearly 30 Cambodians detained in Thailand since early July were released last week, though four remain in detention, an official at the Cambodian Embassy in Bangkok said. The migrant workers – 20 women and 14 men – were arrested on July 7 and taken to a ...
Sen David and Yesenia Amaro
http://www.phnompenhpost.com/national/cambodian-workers-released-detention-thailand
Monkey-based malaria strain poses 'high risk' to humans: study
A new study has predicted that even if Cambodia manages to eradicate so-called “human” strains of malaria by 2025 – a key government goal – it will continue be at “high risk” of infections from a strain of the parasite more typically found in wild ...
Yesenia Amaro
http://www.phnompenhpost.com/national/monkey-based-malaria-strain-poses-high-risk-humans-study
VietJet set to resume flights to Siem Reap
Vietnamese budget airline VietJet will re-launch flights to Cambodia at the end of October following a six-month halt in the service due to unspecified market issues, an aviation official said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/vietjet-set-resume-flights-siem-reap
Woori ruled out of Prasac bid
South Korean financial giant Woori Bank, widely seen as the preferred bidder for a 50 per cent stake in Cambodian microlender Prasac, is out of the running as it was not presented to the central bank as an official bidder, local banking officials have said. ...
Hor Kimsay
http://www.phnompenhpost.com/business/woori-ruled-out-prasac-bid
Tela will double fuel storage, expand port
Kampuchea Tela Co Ltd, one of the Kingdom’s largest fuel importers and distributors, has announced that it will double its petrol storage facilities, increasing their capacity to 200 million litres, a local media outlet reported yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/tela-will-double-fuel-storage-expand-port
US offers tips for cybercrime team
Cambodian police, prosecutors and policymakers were hosted in Washington recently by the US government, as part of America’s efforts to support the drafting of the Kingdom’s controversial cybercrime law. ...
Bun Sengkong
http://www.phnompenhpost.com/national/us-offers-tips-cybercrime-team
New US partner to boost credit reporting
Cambodia’s credit bureau is looking to leverage the resources and experience of US-based Equifax, one of the three biggest American credit report agencies, to expand its credit analysis capabilities and introduce new products to the local market, its chief executive officer said yesterday. ...
Cam McGrath
http://www.phnompenhpost.com/business/new-us-partner-boost-credit-reporting
NagaCity Walk gives capital a taste of duty-free shopping
The NagaCity Walk, a $94 million subterranean shopping centre in Phnom Penh aimed at high-rolling tourists visiting the adjacent NagaWorld casino and hotel complex, held its soft opening yesterday, with duty-free luxury goods ranging from affordable tobacco, perfumes and designer watches to a $3,400 bottle ...
Kali Kotoski
http://www.phnompenhpost.com/business/nagacity-walk-gives-capital-taste-duty-free-shopping
Firms put out Q2 financial reports
Two of Cambodia’s four publicly listed companies released their financial reports for the second quarter of 2016 yesterday, with both showing moderately healthy profits. ...
Hor Kimsay
http://www.phnompenhpost.com/business/firms-put-out-q2-financial-reports
Cambodia kicks off nuclear energy talks with Russia
Cambodian and Russian officials yesterday met to discuss how the two countries can bolster the Kingdom’s capacity to develop nuclear technology. ...
Cristina Maza
http://www.phnompenhpost.com/national/cambodia-kicks-nuclear-energy-talks-russia
Cambodia's water woes get US Army tech assist
The US Army Corp of Engineers is providing Cambodia with new tools to understand its growing groundwater shortage. Last week, the Ministry of Environment, US Army Corp of Engineers and National Council for Sustainable Development hosted a three-day technical exchange on groundwater modelling. ...
Cristina Maza
http://www.phnompenhpost.com/national/cambodias-water-woes-get-us-army-tech-assist
Business disputants file case for arbitration
The National Commercial Arbitration Centre (NCAC) received its latest case last week, marking just the third time that a commercial dispute has been brought to the independent dispute resolution body, its president said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/business-disputants-file-case-arbitration
Nearly 200 Chinese construction workers detained in Phnom Penh
An inspection at the Sino Great Wall International Engineering’s building site in Phnom Penh yesterday found nearly 200 Chinese workers without work permits, according to an immigration official, though a spokesman for the project’s developer said the employees’ paperwork was in the pipeline. ...
Touch Sokha and Mech Dara
http://www.phnompenhpost.com/national/nearly-200-chinese-construction-workers-detained-phnom-penh
Justice system failing child victims: experts
Cambodia’s justice system often fails to support children who are victims of and witnesses to crime, many of whom are so terrified to appear in court that they’re unable to give testimony, children’s rights experts said yesterday. ...
Cristina Maza and Bun Sengkong
http://www.phnompenhpost.com/national/justice-system-failing-child-victims-experts
Demand for flour on the rise
Wheat products have never had a big market in Cambodia, where meals revolve around rice, but Western influences are increasingly shaping local tastes and creating an appetite for flour products. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/demand-flour-rise
Listed firms lax on fiscal reports
Six weeks since the close of the fiscal first half, none of the four listed companies on Cambodia’s stock exchange have issued their required half-year financial statements, and one firm has not disclosed any financial data since 2014 – casting doubts on the tiny bourse’s ...
Kali Kotoski
http://www.phnompenhpost.com/business/listed-firms-lax-fiscal-reports
Board of CRF seeks a double term
Just a month since their election, the leaders of the nation’s apex rice industry have cast a motion to extend their terms – a move some have greeted with suspicion. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/board-crf-seeks-double-term
Central Bank projects 7.1% growth in 2H16
The National Bank of Cambodia held a seminar on the state of the economy in the first half of the fiscal year on Saturday, forecasting 7.1 per cent GDP growth for the rest of the year. ...
Post Staff
http://www.phnompenhpost.com/business/central-bank-projects-71-growth-2h16
Rosewood, resin trees seized in separate raids
Officials confiscated nearly 5 tonnes of rosewood and resin tree timber in Siem Reap and Preah Vihear provinces on Sunday in separate incidents. ...
Phak Seangly
http://www.phnompenhpost.com/national/rosewood-resin-trees-seized-separate-raids
USAID to consult public before next round of Prey Lang funding
The next round of USAID funding for protection of the Prey Lang forest will be preceded by a consultation process that environmentalists and experts studying the area are calling crucial. ...
Cristina Maza and Bun Sengkong
http://www.phnompenhpost.com/national/usaid-consult-public-next-round-prey-lang-funding