The Phnom Penh Post

Cambodia has an opportunity to improve its corporate governance, addressing issues in this field that are increasingly important to international companies considering investment, an official from the International Finance Corporation (IFC) has said. ...

Cambodia’s capital market regulator officially granted its first round of derivatives trading licences this week, nearly 10 months after it vowed to formally regulate the inherently risky financial instrument and provide investors with more options to earn profits.   ...

With mobile money transfer services such as Wing and True Money continuing to spread their agent-based networks into rural parts of the country, local banks are increasingly leveraging their branch locations and ATM presence to provide a similar service through “Cash by Code”. ...

A new initiative aimed at encouraging more trading on Cambodia’s persistently quiet stock exchange will allow securities underwriters and dealers to become liquidity providers who can hold and trade shares in listed companies. ...

With ride-hailing giants Uber and Grab yet to enter the Cambodian market, a pair of local entrepreneurs have seized the initiative and developed the first private-hire car service and smartphone application for Phnom Penh’s frenetic city streets. ...

Sokha Hotels and Resorts will open the first dedicated convention centre in Siem Reap next month, giving the country’s leading tourist destination another major draw to attract foreign visitors.   ...

A civil society organisation has raised concerns about the proposed Regional Comprehensive Economic Partnership (RCEP), claiming that one provision of the sweeping trade agreement would limit the Kingdom’s ability to draft socially beneficial policies. ...

The first-ever study to measure compliance with Cambodia’s new Law on Accounting and Auditing found few companies willing to talk about their accounting practices, and a low rate of compliance among those that did.   ...

Commerce Minister Pan Sorasak lobbied his visiting Chinese counterpart, Gao Hucheng, yesterday to consider doubling Cambodia’s annual rice export quota to China while also proposing a host of agricultural trade agreements.   ...

Thirty-two Vietnamese nationals were arrested during raids by immigration police in Phnom Penh’s Toul Kork district yesterday morning, according to Interior Ministry spokesman Keo Vanthorn.   ...

The Kingdom’s once-promising home-grown coffee industry has been laid low by adverse weather and fierce global competition, with the total area under coffee cultivation cut in half over the last three years as desperate farmers switch to other crops, a senior official at the Ministry ...

An industry analyst has issued a dire forecast for Cambodia’s rice sector, claiming the long-grain “white gold” that has been credited with lifting millions of Cambodia’s farmers out of abject poverty, and which seems a natural fit for the Kingdom’s agrarian workforce, is on a ...

Timber baron Try Pheap, who has previously been accused of running large-scale illegal timber operations in protected forest areas and making millions off the Kingdom’s natural resources, held a ribbon-cutting ceremony last Friday to launch a new business venture, PAPA Petroleum Co Ltd. ...

A Chinese agricultural company has agreed to establish a banana plantation in Cambodia, according to a senior government official. ...

The Cambodian government is preparing a tourism policy to manage the increasing numbers of elderly foreign tourists visiting the Kingdom, an official at the Ministry of Tourism said yesterday. ...

A female Irrawaddy dolphin and its baby were found dead yesterday morning in Kratie province’s Chet Borei district, though the World Wildlife Fund (WWF) said the cause of death is still unknown.   ...

Cambodian government officials have opened an investigation into accusations that Hanshin, a Korean construction company, breached contract by failing to follow safety regulations after two brothers were killed when they drove off an unfinished bridge in a Hanshin construction zone last week.   ...

Australian mining firm Emerald Resources is preparing to commence first-pass test drilling on its O’Rman prospect in northeastern Cambodia, where soil assays from augur samples have indicated the presence of gold mineralisation, the company said in its latest quarterly report.   ...

Tourism officials from four Southeast Asian countries met in Yangon on Saturday to discuss ways of working together to promote tourism in the Cambodia, Laos, Myanmar and Vietnam (CLMV) region. ...

Just days after Cambodia was accused of watering down an ASEAN statement on the South China Sea, China promised to pay for a $16 million, 12-floor administration building for the National Assembly during a visit of delegates to the country led by Assembly President Heng ...

Japan’s investment in Cambodia continues to grow and its investors are playing a leading role in developing and diversifying the Kingdom’s light industrial sector. ...

Three telecom operators provide a total of more than 26,000 kilometres of backbone fixed-line infrastructure as of June, the Ministry of Posts and Telecommunications announced yesterday in a report posted on its Facebook page.   ...

A new Japanese company, Gas One (Cambodia) Co Ltd, aims to tap into the surge of liquefied petroleum gas (LPG) usage in the Kingdom by providing engineering and supply solutions to large-scale developments, its chief executive said yesterday. ...

The local arm of tobacco giant Japan Tobacco International (JTI), which makes Camel, Winston and Mevius cigarettes, has blasted the Association of the Tobacco Industry of Cambodia (ATIC) for failing to ensure its members adhere to new regulations mandating graphic health warnings on cigarette packages. ...