The Phnom Penh Post

Garment manufacturer Gran d Twins International (GTI) will pay out a reduced cash dividend for 2015 as a result of net profits dropping by 70 per cent last year compared to 2014, the company said yesterday in a filing to the Cambodian Securities Exchange (CSX). ...

The Ministry of Public Works and Transport is developing an electronic vehicle registration system to be brought in by the end of this year, said Minister Sun Chanthol during the opening of a driver’s licence centre at Aeon Mall yesterday. ...

The government is considering a proposal for telecommunications regulators in Cambodia, Thailand, Laos and Myanmar to jointly enforce mobile phone SIM card registration in an effort to prevent cross-border fraud and drug trafficking, among other illegal activities. ...

An outbreak of army worms – brought on by recent rains – is attacking crops in five provinces, according to the Ministry of Agriculture.   ...

A Sihanoukville provincial coastal working group has ordered tycoon Kith Meng’s Royal Group to stop building a port on Koh Rong, saying the development was illegal. ...

Dozens of pieces of unexploded ordnance and hundreds of AK-47 bullets have been found on farmland in three provinces in recent days and handed over for disposal, according to local authorities yesterday. ...

Canadian mining firm Angkor Gold has entered into a joint exploration agreement with Japan Oil, Gas and Metals National Corp (JOGMEC) to explore Angkor’s Oyadao South licence in Ratanakkiri province, the company said in a press release yesterday.   ...

Cambodia made the list of the 10 worst countries in terms of labour rights, according to a report released last week by the International Trade Union Confederation.   ...

Nearly half of a massive 700-megawatt coal-fired power plant that will fuel the country’s biggest industrial park and feed the national grid is set to be completed by the end of the year, according to officials at the Ministry of Mines and Energy. ...

Conservationists have warned a new road could threaten endangered bird species in Stung Treng’s Siem Pang wildlife sanctuary.   ...

The National Bank of Cambodia responded to rumours yesterday that local banks were no longer accepting US dollar banknotes with minor imperfections, such as small tears, creases or ink stamps, stating that the central bank had not changed its policies. ...

Prime Minister Hun Sen on Monday blithely brushed aside a recent threat from the European Parliament to cut hundreds of millions of dollars in aid to Cambodia over human rights abuses, challenging the body to follow through. ...

A South Korean phone-based money transfer company has partnered with Wing Specialized Bank to tap into remittance services for Cambodians living and working abroad. ...

While the luxury timber trade continues to eat away at Cambodia’s forests, there is another industry that poses a growing threat to the Kingdom’s trees: pepper farms.   ...

The Ministry of Commerce yesterday announced revised price caps on fuel sold at retail petrol stations throughout the Kingdom from June 12-21, setting a price ceiling of 3,450 riel per litre on regular gasoline, 3,500 riel per litre on premium gasoline and 3,150 riel per ...

No significant commercial delays or losses resulted from the collision between a train and a cement truck in Kampot province on Sunday as engineers were able to remove the disabled truck from the tracks and resume operations on the rail line within hours of the ...

Snakehead fish farmers are required to register with the Fisheries Administration as part of new regulations aimed at better governing and monitoring an industry that became legal in April after an 11-year ban. ...

A new report has ranked Cambodia 125 out of 163 countries in terms of its protection of children’s rights, even as the government works to finalise a sub-decree and code of conduct to better shield children from abuse, exploitation and neglect. ...

Seven angel investors descended on Phnom Penh last Friday as part of the launch of a new investment initiative that aims to tap into Cambodia’s growing startup culture and support entrepreneurial endeavours with guidance and early stage risk funding. ...

Phnom Penh Autonomous Port (PPAP) held its first general shareholder meeting last week, electing its first independent board members in a bid to ensure greater transparency in corporate governance, a company official said yesterday.   ...

A representative of Bonna Realty Group said yesterday that the arrest of the company’s eponymous chairman on Friday on fraud charges stemming from a bounced cheque would have no impact on the business because it was purely a personal matter. ...

Advertising budgets are getting bigger, but an increasingly smaller share of the revenue is going to traditional print media, with 2016 shaping up to be an exceptionally lean year, new market research shows. ...

The Ministry of Health and the WHO on Friday signed a new five-year plan that will seek to address communicable and non-communicable diseases, advance universal health care, strengthen capability to respond to new emerging diseases and increase collaborations and partnerships, a ministry official said yesterday. ...

Wing Specialised Bank is trying to stay ahead of the game in the money transfer and mobile payment sector by forging new partnerships. The Post’s Ayanna Runcie sat down with Wing’s recently appointed CEO Jojo Malolos to discuss his plan for the company’s future. ...