The Phnom Penh Post
More kids in care than thought: study
Almost one in every 100 children in Cambodia is living in a residential care institution, a number far higher than previous estimates, according to a new report in the British Medical Journal. ...
Cristina Maza
http://www.phnompenhpost.com/national/more-kids-care-thought-study
Foreign Ministry hits back at critical report
The Foreign Affairs Ministry yesterday released a strongly worded, albeit vague, rebuttal to a harsh report released by ASEAN parliamentarians on Monday, which chided the government for its legal onslaught against the opposition and alleged the “systematic dismantling [of] democracy” in the Kingdom. ...
Ananth Baliga
http://www.phnompenhpost.com/national/foreign-ministry-hits-back-critical-report
Task force grills officials over allegations of graft
Two military commanders, a military police commander and a provincial police chief in Mondulkiri were questioned by the national military police’s anti-logging task force yesterday for their alleged involvement in a Vietnamese timber smuggling operation. ...
Phak Seangly
http://www.phnompenhpost.com/national/task-force-grills-officials-over-allegations-graft
Derivatives licensing capped by regulator
Cambodia’s capital market regulator announced yesterday that it would suspend the issuance of new central counterparty licences to derivatives trading firms, claiming that capping the market at four was sufficient to serve current demand. ...
Hor Kimsay
http://www.phnompenhpost.com/business/derivatives-licensing-capped-regulator
Air cargo volume soars again
For the second straight year Cambodia has proven to be one of the world’s most dynamic markets for air freight shipments, with growth in cargo volume exceeding both global and regional averages. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/air-cargo-volume-soars-again
Alternative to TPP shows no sign of activity: analysts
While Prime Minister Hun Sen has publicly expressed his distaste for the Trans-Pacific Partnership (TPP), which was dealt a critical blow by US President Donald Trump’s decision to withdraw the United States from the agreement, economists say there has been little visible progress in cementing ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/air-cargo-volume-soars-again
Dropout rates dropped in ’16, Education Ministry says
Significantly fewer upper secondary students dropped out of school in 2016 compared to the previous year, but Cambodian education authorities say they still want to halve the rate to improve graduation rates and students’ chances of success in life. ...
Touch Sokha
http://www.phnompenhpost.com/national/dropout-rates-dropped-16-education-ministry-says
Level the playing field: PM to World Trade Organization
Prime Minister Hun Sen accused the World Trade Organization (WTO) of operating under a double standard yesterday, claiming the international trade body was applying pressure on small developing economies while overlooking the regulatory breaches of its more developed member states. ...
Kali Kotoski and Touch Sokha
http://www.phnompenhpost.com/business/level-playing-field-pm-world-trade-organization
International trade swells to $22B
The value of Cambodia’s international trade surged to $22 billion last year on double-digit growth of both imports and exports, according to newly released data from the Ministry of Commerce. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/international-trade-swells-22b
Emerald to issue Okvau feasibility study soon
Australian mining firm Emerald Resources is on track to complete its definitive feasibility study for its Okvau gold project in Mondulkiri province by the end of this month, the company reported in a filing on the Australian Securities Exchange (ASX). ...
Post Staff
http://www.phnompenhpost.com/business/emerald-issue-okvau-feasibility-study-soon
Commune hopefuls to get their 15 minutes
The National Election Committee on Saturday announced new guidelines for the June commune elections, granting all 12 registered parties equal airtime on government-run broadcaster TVK. ...
Lay Samean
http://www.phnompenhpost.com/national/commune-hopefuls-get-their-15-minutes
Microlender in monster deal
Hong Kong financial giant The Bank of East Asia and Sri Lanka’s LOLC announced on Friday that they have jointly acquired a majority stake in Prasac Microfinance, Cambodia’s largest microfinance institution (MFI) by assets, in what could be the largest acquisition of a Cambodian lender ...
Kali Kotoski
http://www.phnompenhpost.com/business/microlender-monster-deal
Canadian miner renews five licences, drops two
Canadian mining firm Angkor Gold has received approval from the Ministry of Mines and Energy to extend its exploration licences for five tenements for an additional three years with the option of extending another four years after, the company said in a press release. ...
Post Staff
http://www.phnompenhpost.com/business/canadian-miner-renews-five-licences-drops-two
Beer tops advertising budgets
Beer advertising is one of the fastest growing advertising segments in the Kingdom, though just as people often struggle to keep track of how many beers they have put away, the amount that local breweries and distributors actually spend on media placements is subject to ...
Lay Samean
http://www.phnompenhpost.com/business/beer-tops-advertising-budgets
Kampot pepper prices plunge
Pepper prices in the Kingdom’s largest pepper producing region have fallen over 30 percent in the last year due to growing international supply that is leading to higher competition in the market, an industry expert said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/kampot-pepper-prices-plunge
More than 500 apply for June poll
The National Election Committee (NEC) has received more than 500 applications in the first month of registration for commune election observers, according to a statement released on Wednesday. ...
Lay Samean
http://www.phnompenhpost.com/national/more-500-apply-june-poll
Health Ministry admits shortcomings in report
The Ministry of Health acknowledged yesterday in its annual report that the quality of health care services in the Kingdom remains poor, with experts concluding that the slow improvement is due to a lack of government commitment. ...
Kong Meta and Yesenia Amaro
http://www.phnompenhpost.com/national/health-ministry-admits-shortcomings-report
IFC to boost corporate governance
The International Finance Corporation (IFC) launched a corporate governance initiative yesterday aimed at enhancing the efficiency of Cambodia’s private sector to strengthen the business climate and spur foreign investment and job creation, it said in a release. ...
Post Staff
http://www.phnompenhpost.com/business/ifc-boost-corporate-governance
Thais ‘offer trains’ for new rail link
The Thai government has made a verbal commitment to supply four trains to Cambodia for a railway set to connect the neighbouring countries by early July, said Ly Borin, undersecretary of state at the Public Works and Transport Ministry and director of the Cambodia Railroad ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/thais-offer-trains-new-rail-link
City sewage plan mooted
The Japan International Cooperation Agency (JICA) has finalised a sewage management master plan for Phnom Penh, which is in dire need of a wastewater treatment plant, officials said yesterday. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/city-sewage-plan-mooted
Feed mill to take bite out of growing import demand
Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/feed-mill-take-bite-out-growing-import-demand
Kheng queries Sokha’s validity
Interior Minister Sar Kheng yesterday, after becoming the latest ruling party official to weigh in on the CNRP’s embattled campaign slogan, went on to question the validity of the recent extraordinary congress that elevated Kem Sokha to party president.At the inauguration of a new road ...
Meas Sokchea and Ananth Baliga
http://www.phnompenhpost.com/national/kheng-queries-sokhas-validity
Feed mill to take bite out of growing import demand
Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/feed-mill-take-bite-out-growing-import-demand
Forest patrollers accuse authorities of collusion
Prey Lang Community Network conservation activists in Kratie province have accused local officials of colluding with illegal timber transporters after authorities allegedly declined to intervene after being tipped off on Sunday to stockpiles of logs thought to have been felled within a wildlife sanctuary.Ek Sovanna, ...
Phak Seangly
http://www.phnompenhpost.com/national/forest-patrollers-accuse-authorities-collusion