The Phnom Penh Post
A clearer picture for lenders
The double-digit growth of consumer lending in Cambodia has created a need for a comprehensive and centralised database of individual credit histories. The Post’s Cam McGrath sat down with Pascal Ly, CEO of the Credit Bureau Cambodia (CBC), to discuss the role of the Kingdom’s ...
Cam McGrath
http://www.phnompenhpost.com/business/clearer-picture-lenders
Chicken farm razed in Preah Sihanouk
A grass fire raged through a chicken farm in Preah Sihanouk province on Wednesday, destroying two coops and the chickens within and causing $10,000 in damage, according to provincial authorities. ...
Sen David and Igor Kossov
http://www.phnompenhpost.com/national/chicken-farm-razed-preah-sihanouk
Surge in new product standards as tariffs fall
A recent surge in the development of national standards for manufactured goods and food products is creating more opportunities for local products in regional markets, a government official said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/surge-new-product-standards-tariffs-fall
City hall planning to privatize 280-hectare development site
City Hall plans to privatize a 280-hectare plot of public land set aside for a $3 billion development by the Overseas Cambodia Investment Corporation (OCIC) in Phnom Penh’s Chroy Changva district, officials said Thursday. ...
Khuon Narim
https://www.cambodiadaily.com/news/city-hall-planning-to-privatize-280-hectare-development-site-109413/
Gov’t may hire wing to collect tax revenue
The government is considering appointing Wing (Cambodia) Limited, a specialised bank and mobile payment company, as a designated agent to collect tax revenues, the Ministry of Economy and Finance announced yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/govt-may-hire-wing-collect-tax-revenue
Workshop to air views on draft union law
A public consultation session on the controversial draft union law will be held at the National Assembly next Wednesday, officials confirmed yesterday. ...
Meas Sokchea
http://www.phnompenhpost.com/national/workshop-air-views-draft-union-law
Kampong Chhnang factory boss calls scuffle ‘murder attempt’
A boss at a garment factory in Kampong Chhnang province has accused the husband and a friend of a recently fired employee of chasing down her car and trying to kill her. ...
Kong Meta
http://www.phnompenhpost.com/national/kampong-chhnang-factory-boss-calls-scuffle-murder-attempt
Third undersea cable to plug kingdom into data fast lane
The government has contracted the private sector to build a third submarine communications cable linking Cambodia to a major international telecommunications artery in a bid to significantly increase internet speed while helping to bring down prices. ...
Sor Chandara
http://www.phnompenhpost.com/business/third-undersea-cable-plug-kingdom-data-fast-lane
NGO backs crackdown on logging, wants more
The Indigenous Peoples and Forestry Network (IPFN) yesterday released a statement praising the government’s ongoing purported crackdown on illegal logging, but saying far more needs to be done. ...
Pech Sotheary
http://www.phnompenhpost.com/national/ngo-backs-crackdown-logging-wants-more
Fire season brings warning from ministry
As the Kingdom moves into the heart of the dry season, the Ministry of Agriculture, Forests and Fisheries has issued a set of guidelines on the prevention of forest fires, stressing that jail is in the cards for those starting blazes. ...
Bun Sengkong and Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/fire-season-brings-warning-ministry
Passenger train services to resume
Passenger trains are set to roll between the capital and the coast next month for the first time in 14 years, a railway official said yesterday. ...
Sor Chandara
http://www.phnompenhpost.com/business/passenger-train-services-resume
‘Hitler of Stung Meanchey’ weighs in
Amid a staunch defence of the performance of a newly formed illegal logging committee’s recent crackdown and remarks on concerns over gun control, National Military Police Commander Sao Sokha took time out to address his now infamous year-old comments on Adolf Hitler yesterday at the ...
Erin Handley
http://www.phnompenhpost.com/national/gender-underplayed-krts-00201-report
Groundwater shortage could jeopardise 1.5 million farmers: study
Amid late-arriving rains and increasingly unpredictable weather patterns, groundwater supplies are shrinking, a fact that could leave 1.5 million Cambodian farmers unable to water their crops within 15 years, according to a study published last month in the Journal of Hydrology. ...
Igor Kossov
http://www.phnompenhpost.com/national/groundwater-shortage-could-jeopardise-15-million-farmers-study
Koh Kong town’s drinking water tainted during repairs
Koh Kong town was left without a clean water supply on Friday when the company responsible for the utility made repairs to a filter pipe. Koh Kong resident Ing Soth yesterday said the water was so dirty that the villagers could not use it at ...
Sen David
http://www.phnompenhpost.com/national/koh-kong-towns-drinking-water-tainted-during-repairs
Siem Reap residents protest unwanted address change
About 70 residents from a village in Siem Reap’s Ampil commune yesterday submitted a petition to provincial officials requesting that they not be switched to the authority of neighbouring Nokor Thom commune, though at least one local official claimed the matter was long decided. ...
Niem Chheng
http://www.phnompenhpost.com/national/siem-reap-residents-protest-unwanted-address-change
Crop insurance takes root
A pilot project that offers micro-insurance to help rice farmers cope with the risks of flooding and drought is looking to build on the success of its first season by scaling up beyond three existing provinces. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/crop-insurance-takes-root
Ministry says arsenic levels in rice 'no problem'
The Ministry of Agriculture has played down the results of a study that found high levels of arsenic in some samples of locally grown rice. ...
Jack Davies
http://www.phnompenhpost.com/national/ministry-says-arsenic-levels-rice-no-problem
Sar Kheng paying traffic cops bonus out of own pocket
Interior Minister Sar Kheng has been paying traffic officers daily bonuses directly from his own pocket since January 1, information he revealed on Friday at a ministerial meeting on the transparent disbursement of traffic fine revenue, officials said yesterday. ...
Bun Sengkong and Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/sar-kheng-paying-traffic-cops-bonus-out-own-pocket
Hydro standards ‘below par’, study finds
Chinese money accounts for the overwhelming majority of investment in Cambodia’s anaemic energy sector, but while the government has been happy to take Beijing’s loans for the construction of hydroelectric plants, a study published last month found that such investment came with both ecological and ...
Jack Davies
http://www.phnompenhpost.com/national/hydro-standards-below-par-study-finds
Pestech plans to list subsidiary on CSX
Malaysian power infrastructure provider Pestech International has announced plans to list one of its indirect wholly owned Cambodian subsidiaries on the local stock exchange. ...
Cam McGrath
http://www.phnompenhpost.com/business/pestech-plans-list-subsidiary-csx
Preah Vihear blaze razes timber
A blaze authorities have attributed to a forest fire ripped through a nearly 4,000-cubic-metre timber stockpile on a social land concession in Preah Vihear’s Kulen district on the weekend, although the company yesterday said it suspected a case of arson. ...
Phak Seangly
http://www.phnompenhpost.com/national/preah-vihear-blaze-razes-timber
Kratie authorities tell families to get off land
Kratie’s provincial authorities on Friday gave an ultimatum to over 100 families living in Damrei Phong commune in Chhloung district, telling them to get off their land or face legal action. ...
Kong Meta and Igor Kossov
http://www.phnompenhpost.com/national/kratie-authorities-tell-families-get-land
New scrutiny for heavy trucks on tsubasa bridge
The Ministry of Public Works and Transport has set up a checkpoint with a vehicle scale at the eastern entrance to Tsubasa Bridge on Friday, after an overloaded rice truck damaged the bridge’s pavement last week. ...
Pech Sotheary
http://www.phnompenhpost.com/national/new-scrutiny-heavy-trucks-tsubasa-bridge
Securities transaction fees reduced
Cambodia’s security regulator has slashed transaction fees on securities by half in its latest bid to stimulate interest in the Kingdom’s lacklustre stock exchange. ...
Sor Chandara
http://www.phnompenhpost.com/business/securities-transaction-fees-reduced