The Phnom Penh Post

Cambodia’s current account balance deficit was the equivalent of $542 million in the fourth quarter of 2015, the equivalent of 11.5 per cent of GDP, the National Bank of Cambodia said in a report released yesterday.   ...

Newly appointed Minister of Commerce Pan Sorasak issued a shot across the bow yesterday at individuals and companies that infringe on the intellectual property of other firms, warning his ministry was ready to take action against violators. ...

The independent industry body representing Cambodia’s authorised automobile distributors launched a consumer awareness campaign yesterday aimed at informing the public of the risks of purchasing second-hand cars on the local grey market, which it said reduces government tax revenue while flooding the streets with predominately ...

Five groups of land evictees marched to the Council of Ministers yesterday to submit petitions. .  ...

Cambodia and Singapore have finalised an agreement on double taxation and are set to sign it into effect soon, state news agency AKP reported yesterday. ...

 Prime Minister Hun Sen has called for legal action against those who “twist” the truth to malign the ruling Cambodian People’s Party, taking aim at the nation’s political analysts and commentators, with one of its most prominent, Ou Virak, the first in the crosshairs.  ...

The head of the Anti-Corruption Unit, Om Yentieng, yesterday dismissed a request to explain the contents of envelopes he distributed to soldiers earlier this month by, in essence, declaring: we ask the questions, not you. ...

The construction by the Thai military of a miniature replica of the Preah Vihear temple complex has been met with consternation by the government. ...

National Police anti-drug chief Mok Chito yesterday said his officers need to begin inserting themselves into a stage of investigations until now the sole domain of the judiciary – drug testing.   ...

The Ministry of Environment has given two NGOs the go-ahead to implement their proposed management plans for five protected community forest areas in Battambang and Pursat provinces, projected to cover 1,064 families and 2,761 hectares.   ...

Dwindling donor funding for combating HIV/AIDS, malaria and tuberculosis could have a critical impact on low-income countries like Cambodia, a new study has found, with some health workers in the Kingdom saying that the squeeze is already being felt.   ...

Container traffic at Sihanoukville Autonomous Port (SAP), which operates the country’s only deep-sea port, increased by almost 10 per cent during the first quarter of the year, compared to a year earlier, while tonnage rose by 11.5 per cent, a company official said yesterday. ...

In 2001, a man with the same name and address as Tuol Kork-based computer salesman Thai Tino established the first of several shell companies incorporated in the British Virgin Islands.   ...

Notorious former military police officer and purported illegal-timber trader Sou Marith was apprehended yesterday morning along with three other men while allegedly transporting timber in Mondulkiri’s Keo Seima district. ...

Unusually high yields of salt production in Kep and Kampot province have surpassed the market’s low demand, filling the nation’s salt storage facilities to capacity, the head of a local industry body said yesterday.   ...

The National Bank of Cambodia will launch a new payment system to increase inter bank activity in a move to shore up confidence in the Kingdom’s rapidly expanding banking sector, it said in a press release yesterday. ...

Phnom Penh SEZ Plc, which operates the country’s busiest industrial park, launched its IPO public roadshow yesterday, pitching its solid track record and growth potential to prospective investors that it hopes will sink up to $11.6 million into the company’s initial public offering on the ...

Freight rail shipments have gained traction since commercial rail traffic resumed on the Kingdom’s sole operational railway line in 2013, but Royal Railway, the private company with a 30-year concession to operate the Kingdom’s railway network, is pressing for more growth as it seeks to ...

The illegal timber trade to Vietnam, a key nexus in a shadow industry worth billions of dollars, has been all but eliminated, an official said yesterday in summarising a new report from the government’s anti-logging commission, a claim met with disbelief by more than one ...

More than 1,000 families in Siem Reap province are facing clean water shortages as the water level at Baray Teuk Thla reservoir has fallen for the first time in several years due to the especially harsh drought conditions confronting the Kingdom in recent months.   ...

Twenty-four officials from the Interior Ministry’s fire department have been ordered to join the ruling Cambodian People’s Party’s local working groups operating in Battambang province.   ...

Revenue from customs duties and excise tax grew by around 30 per cent to $472 million during the first quarter of the year ...

Environmental activists yesterday renewed their calls for Angkor Beer maker Cambrew to clarify its director’s relationship with the controversial Don Sahong dam currently under construction in southern Laos.   ...

After a series of technical delays and setbacks, the Kingdom’s first industrial slaughterhouse is ready to begin operations and will start production upon receiving its first shipment of 2,000 heads of live Australian cattle in late May, the company behind the project said yesterday. ...