The Phnom Penh Post

Plans underway for clearer guidelines governing landmarks and heritage buildings

As many tall buildings continue to pop up in Cambodia’s 500-year-old capital, ministries are continuing to place importance on preserving the cultural heritage of important historical sites and landmarks, ranging from ancient temples and monuments to pagodas and colonial buildings. ...

Moeun Nhean
http://www.phnompenhpost.com/post-property/plans-underway-clearer-guidelines-governing-landmarks-and-heritage-buildings

Cambodia, Russia continue discussing nuclear energy plans

A November pact with Russia that first raised the possibility of nuclear energy in Cambodia is still being quietly pursued. Next week will see the second meeting of a Ministry of Interior working group dedicated to coordinating cooperation with the Vladimir Putin-led government in the realm ...

Cristina Maza
http://www.phnompenhpost.com/national/cambodia-russia-continue-discussing-nuclear-energy-plans

Border control a concern as harvest looms

Tighter border controls by Thai authorities could result in thousands of tonnes of Cambodian agricultural goods getting stranded at the border next month when local farmers begin harvesting their crops, sources warned yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/border-control-concern-harvest-looms

Railway works prime Poipet for prosperous developments

The train route that is set to connect Poipet to Thailand, and the government’s plan to make Poipet a commercial and industrial area, are readying this Thai-bordered city to exercise its potential. ...

Siv Meng
http://www.phnompenhpost.com/post-property/railway-works-prime-poipet-prosperous-developments

Report confirms residential oversupply

The latest report on the state of Phnom Penh’s property market makes bleak reading for investors and those betting on a lucrative future in the short-term. ...

Post Staff
http://www.phnompenhpost.com/post-property/report-confirms-residential-oversupply

Disney carbon deal sets stage for more partnerships

Cambodia’s first large-scale private-sector sale of carbon credits was finalised yesterday, with conservationists predicting that it could pave the way for more public-private partnerships, making millions of dollars of funding available for local carbon-based initiatives. US entertainment giant Walt Disney Company has officially purchased $2.6 ...

Kali Kotoski
http://www.phnompenhpost.com/business/disney-carbon-deal-sets-stage-more-partnerships

Domestic tourists push up Siem Reap visitor count

Tourist visits to Siem Reap province increased slightly during the first half of the year as foreign tourists lined up to see the country’s pre-eminent tourism attraction, Angkor Wat, and Cambodians from across the country flocked to the province for a major national festival in ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/domestic-tourists-push-siem-reap-visitor-count

Indonesia, Cambodia discuss defence cooperation

Indonesia is willing to offer Cambodia’s navy ships at a discount and would like the Kingdom to be involved in joint patrols in the region, Indonesia’s Defence Minister Ryamizard Ryacudu yesterday told the Post, amid his meetings with government leaders. ...

Shaun Turton and Vong Sokheng
http://www.phnompenhpost.com/national/indonesia-cambodia-discuss-defence-cooperation

Disabled deserve jobs: gov’t

The Ministry of Social Affairs yesterday once again called on the Kingdom’s employers to hire the disabled, something mandated in a widely ignored 2010 sub-decree. ...

Sen David and Cristina Maza
http://www.phnompenhpost.com/national/disabled-deserve-jobs-govt

Regulators keeping a close eye on derivatives market

Cambodia’s capital market regulator held a forum yesterday on regulations and safeguards for the derivatives market, laying out the inherent risk and reward of the poorly understood financial instrument that has until recently operated with no oversight. ...

Kali Kotoski
http://www.phnompenhpost.com/business/regulators-keeping-close-eye-derivatives-market

Review finds economy resilient to challenges

The National Bank of Cambodia released its annual report yesterday, citing strong growth in 2015 despite challenging economic circumstances caused by a Chinese economic slowdown, increased regional competitiveness and the appreciation of the US dollar. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/review-finds-economy-resilient-challenges

Villagers, police face off in Phnom Penh over Koh Kong sugar petition

Meanchey district police and security guards yesterday clashed with about 70 Koh Kong province villagers at the capital’s Samaki Rainsy pagoda, shoving and pushing them as they tried to make their way to the Ministry of Land Management. ...

Touch Sokha
http://www.phnompenhpost.com/national/villagers-police-face-phnom-penh-over-koh-kong-sugar-petition

Cambodia stuck on money laundering blacklist

Cambodia has been listed as the highest-risk nation in ASEAN, and ranks sixth globally, for its susceptibility to money laundering and terrorism financing in a recently released global index that charts the vulnerability of 149 nations. ...

Kali Kotoski
http://www.phnompenhpost.com/business/cambodia-stuck-money-laundering-blacklist

Siemens urges gov’t to boost power grid

Cambodia needs to focus on solidifying its national grid and shoring up its energy efficiency and transmission lines before expanding into more costly renewable technology, a visiting executive of German engineering giant Siemens said yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/siemens-urges-govt-boost-power-grid

Microsoft translation project to tackle business jargon

American software giant Microsoft announced yesterday that it would jointly implement a project with Cambodia’s Ministry of Commerce to create a translation program to simplify complex English and Khmer business terminology in order to help businesses better understand commonly used jargon. ...

Hor Kimsay
http://www.phnompenhpost.com/business/microsoft-translation-project-tackle-business-jargon

Overloaded truck figures dip: ministry

The Ministry of Public Works and Transportation yesterday announced that 75 fewer drivers had been fined for overloaded trucks last month compared to June, attributing the decline to recent crackdowns. ...

Lay Samean
http://www.phnompenhpost.com/national/overloaded-truck-figures-dip-ministry

Acleda Bank net profit, assets grow in 1H16

Acleda Bank, Cambodia’s largest financial institution, experienced sturdy year-on-year growth during the first half of the year, according to figures from its latest audited financial statement. ...

Post Staff
http://www.phnompenhpost.com/business/acleda-bank-net-profit-assets-grow-1h16

Woman back home after forced marriage in Malaysia

A woman who worked as a maid in Malaysia was repatriated to Cambodia late last week after years of abuse at the hands of her employers, including a forced marriage. ...

Sen David and Erin Handley
http://www.phnompenhpost.com/national/woman-back-home-after-forced-marriage-malaysia

Poor local showing at Phnom Penh’s agro fair

Cambodia’s biggest agriculture industry event of the year received a cool response on its first day as turnout from local agro-businesses was low and overseas suppliers struggled to find potential buyers for the latest agricultural products. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/poor-local-showing-phnom-penhs-agro-fair

Drop in US exports seen as a wake-up call

The industry body for the nation’s garment and footwear manufacturers said new trade data showing a decline in Cambodian exports to the US during the first half of the year was a sign that the Kingdom was losing its competitive advantage, threatening the future of ...

Kali Kotoski
http://www.phnompenhpost.com/business/drop-us-exports-seen-wake-call

Load of wildlife busted in Mondulkiri

Rangers from the Sre Pok Wildlife Sanctuary in Mondulkiri province intercepted two men and a minor allegedly smuggling more than 50 wild animals on Saturday evening, according to the World Wide Fund for Nature (WWF) and Koh Nhek district police. ...

Cristina Maza and Bun Sengkong
http://www.phnompenhpost.com/national/load-wildlife-busted-mondulkiri

Soldier’s home hiding luxury wood: officials

Some 100 pieces of luxury wood believed to be from the Keo Seima Wildlife Sanctuary area were seized at the house of a military officer near the Vietnamese border on Friday, officials said yesterday. ...

Phak Seangly
http://www.phnompenhpost.com/national/soldiers-home-hiding-luxury-wood-officials

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