News
Government mulls using rivers for transport
Phnom Penh residents may soon be able to travel to select provinces via boat as the government has pledged to build a waterways public transit system to reduce traffic congestion in the city. Public Works and Transports Minister Sun Chanthol said yesterday during the ministry’s annual ...
Sok Chan
http://www.khmertimeskh.com/news/33722/government-mulls-using-rivers-for-transport/
$100 million freshwater aquarium planned
A $100 million freshwater aquarium, part of which will be a research and breeding center, is being planned for Phnom Penh. The project, revealed in a meeting between Prime Minister Hun Sen and a visiting Japanese delegation from the Japan-Cambodia Association on Friday, will be funded ...
Cambodia supports Lao dam: PM
Cambodia will support the Don Sahong hydroelectric dam planned to be built in south Laos less than two kilometers from the Cambodian border, while civil society groups continue to appeal to regional authorities to halt construction on environmental grounds. ...
May Titthara
http://www.khmertimeskh.com/news/32475/cambodia-supports-lao-dam--pm/
Don Sahong dam ‘no problem’, says premier
Just weeks after Laos announced its plans to begin constructing a third mainstream dam in the Lower Mekong River region, Prime Minister Hun Sen used a bilateral meeting with his Laotian counterpart to signal that the controversial Don Sahong dam will no longer receive opposition ...
Vong Sokheng and Cristina Maza
http://www.phnompenhpost.com/national/don-sahong-dam-no-problem-says-premier
CNRP to meet NEC over voter registration ‘problems’
The opposition party will meet with the National Election Committee this morning to discuss a number of “problems” with the voter registration process, highlighting that 2 million people could lose their right to vote at upcoming elections. ...
Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-meet-nec-over-voter-registration-problems
Minebea readies third factory
Japanese electronics manufacturer Minebea expects to complete construction of its third factory in Cambodia by the end of the year, allowing the company to diversify its operations toward more value-added products, a company official said yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/minebea-readies-third-factory
Deeper water expected to yield more fish
Just weeks ahead of the main fishing season on the Tonle Sap river, which supplies the majority of the fish used in the Kingdom’s traditional cooking sauce, prahok, government officials are predicting a better catch this season as water levels have recovered from last year’s ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/deeper-water-expected-yield-more-fish
Banned rosewood trade up
Despite the presence of a blanket ban by the Cambodian government on all trade in Siamese rosewood since 2013, exports of the precious timber to Vietnam increased in the third quarter of this year, according to Vietnamese customs data compiled by US-based NGO Forest Trends. ...
Jack Davies
http://www.phnompenhpost.com/national/banned-rosewood-trade
China, Cambodia to share credit reports
The central banks of Cambodia and China are in talks to share customers’ credit reports in an effort to boost bilateral private investment, as a response to rising trade between the two countries. The National Bank of Cambodia (NBC) director general Chea Serey told Khmer Times ...
May Kunmakara
http://www.khmertimeskh.com/news/32409/china--cambodia----to-share-credit-reports/
Brace for storm next week
The Ministry of Water Resources and Meteorology said that some areas in the Kingdom would be hit by a storm next week, especially the coastal provinces. Water Resources Minister Lim Kean Hor said that a high pressure system would have a weak influence on Cambodia and ...
Mom Kunthear
http://www.khmertimeskh.com/news/32426/brace-for-storm-next-week/
French help sought on border
In an effort to assist the contentious demarcation of the Cambodia-Vietnam border, the leaders of the two countries have agreed to seek French assistance, as Prime Minister Hun Sen again repeated calls for Vietnam to halt construction in border areas. Mr. Hun Sen and his Vietnamese ...
Taing Vida
http://www.khmertimeskh.com/news/32429/french-help-sought-on-border/
Food stockpiles depress prices
Record stockpiles of food will keep worldwide prices low for 2017 and much could depend on China’s huge stocks of many commodities, Dutch food and agri financing bank Rabobank predicted yesterday, painting a dour picture for Cambodia’s food exporters struggling against low prices. ...
May Kunmakara
http://www.khmertimeskh.com/news/32346/food-stockpiles-depress-prices/
Friendship city planned
A $1.5 billion new satellite city called the Cambodia-China Friendship City is to be built in the capital’s northern suburbs next year adjoining the Ly Yong Phat Satellite City. According to local media reports, the construction of the friendship city would be undertaken jointly by the ...
Chea Vannak
http://www.khmertimeskh.com/news/32345/friendship-city-planned/
NGOs raise climate change risk
At a conference on the topic of the environment yesterday, civil society groups repeatedly raised the risk of natural disasters and hazards that Cambodia will face if the effects of climate change are not adequately addressed. The one-day conference in Phnom Penh sought to find solutions ...
Pech Sotheary
http://www.khmertimeskh.com/news/32349/ngos-raise-climate-change-risk/
Opposition wants logging stopped
After returning to parliament and ending a six-month boycott, members of the opposition asked the government to cooperate with Vietnam to close border crossings to stop the illegal export of luxury rosewood and other timber to stop deforestation which leads to climate change. ...
Taing Vida
http://www.khmertimeskh.com/news/32299/opposition-wants-logging-stopped/
Pepper plantation to tip the scales
A local subsidiary of a South Korean confectionary giant is investing $40 million to develop what it claims will be the world’s largest pepper plantation on a sprawling 1,000-hectare estate in eastern Cambodia, a company executive said yesterday. ...
Cam McGrath and Cheng Sokhorng
http://www.phnompenhpost.com/business/pepper-plantation-tip-scales
Over 3.76B riel swapped in banknote exchange
The Central Bank announced on Monday that it exchanged 3.76 billion of old and worn Khmer riel banknotes (equivalent to $930,091) to new notes during its “Loving Riel Notes”, campaign which lasted five days during the Pchum Ben holiday. ...
Post Staff
http://www.phnompenhpost.com/business/over-376b-riel-swapped-banknote-exchange
Budget backed without support
Members of the ruling Cambodian People’s Party voted in the National Assembly yesterday to back a 2017 national budget that outlines spending of $5 billion, but opposition Cambodia National Rescue Party (CNRP) members refused to give it their support. ...
Chea Vannak
http://www.khmertimeskh.com/news/32306/budget-backed-without-support/
Central Bank puts 40B riel up for bid in LPCO
The National Bank of Cambodia (NBC) yesterday held its second Liquidity-Providing Collateralised Operation (LPCO), making 40 billion riel ($9.89 million) available to financial institutions in an auction in which repurchase agreements, or repos, were signed for 8.4 billion riel ($2.07 million). ...
Post Staff
http://www.phnompenhpost.com/business/central-bank-puts-40b-riel-bid-lpco
Committee for work safety created
The government has established the National Committee for Health and Work Safety, to comprise in part officials from relevant ministries to review, give counsel and spread information related to health and work safety. According to a sub-decree dated Monday and signed by Prime Minister Hun Sen, ...
Mom kunthear
http://www.khmertimeskh.com/news/32302/committee-for-work-safety-created/
GE to help electrify Cambodia
A partnership with General Electric (GE), the Boston-based American multinational conglomerate, will be the best way forward for Cambodia to meet its 2035 goal of reducing carbon dioxide emissions by three million tons annually and electrifying 100 percent of rural areas, representatives from the company ...
Sok Chan
http://www.khmertimeskh.com/news/32285/ge-to-help-electrify-cambodia/
Drug factory found by students
Members of the Environment and Natural Resources Student Network, which is made up of students from six universities, found a factory processing an indigenous vine believed to be used in the production of narcotics in Koh Kong province last week. ...
May Titthara
http://www.khmertimeskh.com/news/32304/drug-factory-found-by-students/
Civil societies urge budget review
Several civil society groups yesterday issued a joint statement urging members of parliament to review the national budget which is set to allocate close to 35 percent of national spending solely to the Defense Ministry and a contingency reserve. ...
Taing Vida
http://www.khmertimeskh.com/news/32233/civil-societies-urge-budget-review/
Vietnam logging numbers being ‘verified’: official
Vietnamese customs data showing that Cambodia exported at least $121 million of woodthis year are currently being investigated by government officials, according to Environment Ministry Undersecretary of State Eang Sophalleth. ...
Jack Davies and Mech Dara
http://www.phnompenhpost.com/national/vietnam-logging-numbers-being-verified-official