The Phnom Penh Post

Thailand’s Bank of Ayudhya released its first financial statement since completing its acquisition of Cambodian microlender Hattha Kaksekar Ltd (HKL) last month, showing a quarterly net profit increase of 10.6 percent from a year earlier. ...

The International Committee of the Red Cross (ICRC) in Cambodia announced yesterday the launch of a new mobile workshop that repairs prosthetics for the disabled in Siem Reap province. ...

Cambodia ranked 112 out of 113 countries surveyed globally and dead last in the East Asia and Pacific region when it comes to the perceived rule of law, a new report released today states. ...

Amid the winding-down of the Cold War in early December 1987, Prime Minister Hun Sen and Prince Norodom Sihanouk met in the quiet northern French village of Fère-en-Tardenois for their first talks on ending Cambodia’s intractable civil war. It was an overture that opened the ...

The NGO Open Institute has launched a new online service that aims to help Cambodian unskilled labourers find jobs within the country as part of an effort to discourage worker migration in hopes of reducing human trafficking. ...

The central bank released its first-ever national study yesterday on perceptions and usage of the riel and foreign currencies in Cambodia, which aimed at not only understanding existing trends, but also at steering future financial legislation to boost the circulation of Cambodia’s national currency. ...

Illegal forest clearing is taking place at about three times the rate it did last year, but fines for forestry and wildlife crimes have fallen dramatically, according to a progress report released last week by the Ministry of Agriculture, Forests and Fisheries (MAFF). ...

Ente Nazionale Risi (ENR), Italy’s national rice agency, has raised concern over increased European rice imports from countries such as Cambodia, according to rice industry publication Oryza. ...

Tax revenue from Cambodia’s 69 licensed casinos reached $37.4 million for the first nine months of the year, growing 35.5 percent compared to the same period last year, according to a report from the Ministry of Economy and Finance. ...

Cambodia ranked third-worst for illicit trade out of 17 countries in the Asia-Pacific region in a recently released index by the Economist Intelligence Unit (EIU) that analysed governments’ abilities to combat illegal trade operations.​ ...

An extensive tax treaty that would shield Chinese businesses operating in the Kingdom from double taxation, and vice versa, has been drafted and is expected to be approved imminently, according to a senior Cambodian tax official. ...

As floods have been raging on in many provinces, especially in the outskirts of the capital, locals are demanding the government inspect all boreys, factories and other developments in affected areas to ensure that there are proper drainage and road systems. ...

The Asian Development Bank has approved a $45 million loan for Cambodia to overhaul its upper secondary education in order to address the increased demand for skilled workers. ...

The National Bank of Cambodia rolled out a new mechanism yesterday that offers immediate liquidity to financial institutions to cover their payments and reserve obligations, while giving the central bank greater control over the country’s money supply and moving toward the establishment of a benchmark ...

Singaporean customs data on sand imports from Cambodia show near identical figures to those recorded by the UN, which last month were dismissed by a top official amid a reporting discrepancy in the hundreds of millions of dollars. ...

Australian mining company Emerald Resources has found “encouraging” results from a round of infill drilling at its Okvau gold project in Mondulkiri province, the company said in a filing to the ASX yesterday. ...

reah Sihanouk provincial authorities have ordered a casino that operated in Sihanoukville shut down after it failed to renew its operating licence, local media reported yesterday.​ ...

A little-publicized sub-decree signed in July and discovered by the Post yesterday in an NGO database raises questions as to whether the eviction on Saturday of six ethnic Kuoy families in Preah Vihear was in contravention of an order by Prime Minister Hun Sen. ...

Suspected timber smugglers have gotten off the hook in the vast majority of busts that have followed Prime Minister Hun Sen’s January call for a crackdown on the illegal timber trade, a Post analysis has revealed. In the wake of the prime minister’s creation of ...

Thousands of homes in Phnom Penh and Kampong Speu have been flooded after three dams were seriously damaged following two weeks of torrential rain and warnings from government officials. ...

A spokesman for Cambodia’s aviation authority said yesterday that the Kingdom’s airports are “prepared and ready” for an audit by the UN’s International Civil Aviation Organization that is set to commence on Thursday. ...

Six ethnic Kuoy families were violently evicted from their homes in Preah Vihear over the weekend, according to eyewitnesses, with further evictions threatened for another 13 families this morning. ...

The Ministry of Commerce has extended the deadline for companies to re-register their businesses online for a third – and “final” – time, giving companies until December 31 to complete the online registration before penalties kick in, according to a document posted yesterday on the ...

A Forestry Administration official said yesterday that authorities have filed a court complaint accusing a commune chief in Kampong Thom province of clearing protected state forestland for private sale. ...