The Phnom Penh Post

Officially sanctioned reductions in port container fees will have little impact on the Kingdom’s trade competitiveness as deeply engrained problems in trucking and railways, as well as high custom fees, remain in place, stakeholders in the transport sector said yesterday. ...

Phnom Penh SEZ Plc, which operates a 357-hectare industrial park on the outskirts of the capital, held a bookbuild last month to determine the share price for its upcoming initial public offering on the Cambodian stock market. The private company aims to raise between $8.1 ...

ACLEDA Bank announced its first-quarter results for 2016 on Friday, reporting $30.19 million in profit for the quarter, up almost 21 per cent compared to the same period last year.   ...

Mobile payment provider True Money Cambodia signed a memorandum of understanding with local microfinance institution Niron Mikroheranhvatho Plc on Friday to facilitate bill payments for the microlender’s 60,000 customers. ...

The core of one of Cambodia’s most important and abused forests —Prey Lang—was officially de­clared a protected area this week af­ter years of campaigning by local ac­tivists and foreign conservationists.    ...

Some 34 families in Kampong Chhnang’s Lorpeang village yesterday filed a new petition at the provincial hall urging authorities to intervene in a nine-year land dispute with KDC International, which villagers say has reached a bottleneck and is affecting their daily lives. ...

Cambodia’s two largest ports and the country’s biggest transport associations agreed yesterday to cut fees on container shipments in response to newly appointed Transportation Minister Sun Chanthol’s industry-wide call on Monday for solutions to reduce the high cost of logistics and transport. ...

A Fisheries Administration officer in Siem Reap was charged with accepting $369,000 in unofficial payoffs yesterday after being arrested by the Anti-Corruption Unit on Tuesday. ...

The Council of Ministers has granted a petrochemical company two years to conduct feasibility studies for constructing a network of oil and gas pipelines to crisscross Cambodia, but details about the pipeline project and the company set to carry out the study are about as ...

A sharp rebound in international rubber prices has put workers at plantations in Cambodian back to work, and has infused the sector with a rare sense of optimism. ...

More than 100 vendors in Stung Treng yesterday expressed concern that the location of their stalls would change after the town’s fire-damaged market is rebuilt by provincial authorities.   ...

Several hundred protesters representing some 4,000 families from Tbong Khmum’s Memot and Dambe districts arrived in the capital yesterday to petition against powerful private interests they say are encroaching on their land. ...

Members of the government and private sector met yesterday in Phnom Penh to discuss ideas and solutions aimed at facilitating the growth of eco-friendly technologies and practices in Cambodia. ...

Australian mining firm Geopacific Resources Ltd completed a successful and productive drilling season last year at its Kou Sa gold and copper project in northern Cambodia, the firm said in its annual report, released yesterday.   ...

The Council of Ministers has granted Petrochemicals (Cambodia) Refinery Ltd permission to conduct two feasibility studies to explore the viability of onshore and offshore gas pipelines, according to a document released yesterday. ...

The expansion of sugarcane cultivation in Cambodia is driving strong demand for mechanical cane harvesters, with sales expected to spike this year on hotter temperatures and with large-scale projects coming online, representatives of RMA (Cambodia) Co Ltd, the exclusive local distributor of John Deere agricultural ...

Senior officials from Thailand’s Mine Action Centre are visiting their counterparts in Cambodia this week in an effort to develop stronger bilateral cooperation to clear landmines along the Cambodian-Thai border.   ...

The Ministry of Health expects a dangerous year for diseases and heat trauma as a result of the extreme weather that the Kingdom is experiencing, according to a series of public statements this week.   ...

A bilateral investment agreement between Cambodia and Hungary will be sent to the National Assembly floor this week after it gained approval from the Council of Ministers on Friday, according to spokesman Phay Siphan.   ...

The Ministry of Justice has received far fewer official requests for this year’s stricter round of pardons and sentence reductions, scheduled to coincide with the Visak Bochea Buddhist holiday, a spokesman said yesterday.   ...

Despite a precipitous drop in the start-up costs of solar energy, Cambodia’s biggest industrial parks are sticking to high-cost grid and fuel-generated electricity, claiming that when it comes to attracting foreign manufacturers, a stable power supply trumps a cheaper electricity bill. ...

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 ...