The Phnom Penh Post

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 ...

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. ...

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. ...

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. ...

Cambodia Angkor Air, the Kingdom’s flag carrier, inked an agreement with Singapore-based aircraft leasing company BOC Aviation Ltd yesterday to dry lease two Airbus A320s, with the new planes scheduled for delivery by the end of the year. ...

Cambodia’s domestic electricity production grew significantly in 2015, helping to reduce the Kingdom’s reliance on imported energy, the national electricity regulator said in its newly released annual report. ...

A representative of the company behind a massive $23.2 billion development in Kampot province – which envisions creating two islands off the coast – insisted yesterday that the company was not engaged in any activities that would raise a conflict of interest and that it ...

Cambodia and China have vowed to take their collaboration on military affairs to a “new height”, according to China’s Ministry of National Defence. ...

Kampong Speu provincial authorities yesterday issued an order banning heavy trucks from using National Road 4 in Phnom Sruoch district’s Maha Saing commune in response to heavy flooding in the area. ...