News

Cambodia declares protected area in hotly contested Prey Lang forest

A landmark decision by Cambodian prime minister Hun Sen could see almost a million hectares of forest reclassified as protected areas in a country with one of the highest deforestation rates in the world.​ But the order, circulated on Friday, to transfer control of the sites ...

Daniel Pye
https://news.mongabay.com/2016/05/cambodia-protected-areas/

Korea opens market to Cambodian mangoes

Mango growers now have access to the South Korean market following an agreement signed on Friday between officials from Korea and the Ministry of Agriculture, Forestry and Fisheries. ...

Sum Mane
http://www.khmertimeskh.com/news/24424/korea-opens-market-to-cambodian-mangoes/

Cashew price jump sparks call for investment

The price of cashew nuts has jumped about 15 percent this year prompting processers and exporters to call for the government to help funnel more investment into growing the crop. ...

Sok Chan
http://www.khmertimeskh.com/news/24423/cashew-price-jump-sparks-call-for-investment/

On regional tour, Japanese minister skips Cambodia

Cambodia is conspicuously missing from Japanese Foreign Minister Fumio Kishida’s itinerary for a trip to Southeast Asia this week that will see him visit Burma, Laos, Vietnam and Thailand—where he on Monday pledged $7 billion for the region over three years. ...

Alex Willemyns
https://www.cambodiadaily.com/news/on-regional-tour-japanese-minister-skips-cambodia-112052/

Fish death toll rises in Tonle Chhmar lake

The number of dead fish found in Kampong Thom’s protected Tonle Chhmar Lake climbed higher over the weekend – nearly 70 tons of fish have now died since the first were found by provincial fishery officials on April 23.   ...

Pav Suy
http://www.khmertimeskh.com/news/24438/fish-death-toll-rises-in-tonle-chhmar-lake/

LANGO looming in Adhoc rearview

With the screws tightening on Adhoc, pro-government NGOs are calling for the government to use the newly enacted NGO Law to punish the rights group and other organisations caught up in the Kem Sokha mistress scandal using a provision that can be used to shut ...

Shaun Turton and Mech Dara
http://www.phnompenhpost.com/national/lango-looming-adhoc-rearview

Cambodia and EU committee talks trade

The 9th session of the Cambodia-EU Joint Committee for bilateral cooperation to ensure the smooth operation and effective implement of trade and economic relations as well as the political development between the Kingdom and the EU is underway, and set to run until tomorrow. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/24492/cambodia-and-eu-committee-talks-trade/

Disease-carrying bats to be tracked

Scientists are attaching tracking devices to a colony of flying foxes near Phnom Penh in a bid to prevent a possible outbreak of a deadly virus. ...

Brent Crane
http://www.phnompenhpost.com/national/disease-carrying-bats-be-tracked

Thousands rally for labor day, demand wage increase

Thousands of workers and unions gathered yesterday to celebrate the 130th International Labor Day, once again demanding the government raise the minimum wage in the garment and footwear industries to $207 a month. ...

Mom Kunthear
http://www.khmertimeskh.com/news/24440/thousands-rally-for-labor-day--demand-wage-increase/

UN, Adhoc staff charged over sex scandal

Four senior officers from local rights group Adhoc and a former officer who now works for the National Election Committee (NEC) were imprisoned on Monday on bribery charges over a sex scandal involving deputy opposition leader Kem Sokha. ...

Ben Sokhean and Alex Willemyns
https://www.cambodiadaily.com/news/un-adhoc-staff-charged-over-sex-scandal-112053/

Rain and storms coming, says committee

More than 1,200 houses and buildings were affected and more than 70 people died or were injured by rainstorms and lightning in the first four months of 2016, according to Keo Vy, Cabinet director and a spokesman for the National Committee for Disaster Management (NCDM). ...

Mom Kunthear
http://www.khmertimeskh.com/news/24486/rain-and-storms-coming--says-committee/

Tea Banh’s sons given top gov’t jobs

As the government fends off continued accusations of nepotism within its institutions, a royal decree issued in early March revealed the appointment of four official assistants to four-star general and deputy prime minister Tea Banh, two of whom are the general’s own sons. ...

May Titthara
http://www.khmertimeskh.com/news/24491/tea-banh---s-sons-given-top-gov---t-jobs/

Garment sector grows another 13 pct: report

Cambodia’s garment and footwear exports grew by 13 per cent year-on-year in the first quarter of 2016, Chinese news agency Xinhua said on Monday, citing a report by the Ministry of Industry and Handicraft. ...

Post Staff
http://www.phnompenhpost.com/business/garment-sector-grows-another-13-pct-report

Thai manufacturers sizing up Cambodia

Thai manufacturers are being urged to transfer some of their production facilities to Cambodia and other neighboring countries, according to a report in the Thai media yesterday.   ...

Sum Manet
http://www.khmertimeskh.com/news/24478/thai-manufacturers-sizing-up-cambodia/

Chinese ‘looking closely’ at kingdom’s agriculture sector

Increasingly closer ties between Phnom Penh and Beijing are spurring a rise of Chinese investment into the Kingdom, with businesses from the world’s second-largest economy now taking a closer look at Cambodia’s agricultural sector, Chinese officials said during a press tour last week to the ...

Chea Vannak
http://www.khmertimeskh.com/news/24476/chinese----looking-closely----at-kingdom---s-agriculture-sector/

Ministry cuts school hours amid severe heat wave

With the country grappling with drought and soaring temperatures, the Ministry of Education issued a directive on Monday cutting the amount of time students sit in sweltering classrooms for the remainder of the hot season. ...

Khuon Narim
https://www.cambodiadaily.com/news/ministry-cuts-school-hours-amid-severe-heat-wave-112071/

Cambodia key to China’s silk road revival

Cambodia is a major player in ASEAN for realizing China’s Belt and Road Initiative, which Chinese President Xi Jinping proposed last year to connect China to neighboring countries and the world, Chinese officials said.   ...

Chea Vannak
http://www.khmertimeskh.com/news/24477/cambodia-key-to-china---s-silk-road-revival/

Block D offshore oil license revoked

The government revoked the offshore oil exploration license of CPHL (Cambodia) Co Ltd after the project failed to meet the terms of its petroleum agreement, a state official said yesterday. ...

Cam McGrath
http://www.phnompenhpost.com/business/block-d-offshore-oil-licence-revoked

Government approves 133-story skyscraper

The government has given final approval for a planned $3 billion, 133-story twin-tower skyscraper that developers claim will be completed by 2018, a spokesman for the Ministry of Land Management said on Monday. ...

Kang Sothear and Ben Paviour
https://www.cambodiadaily.com/news/government-approves-133-story-skyscraper-112063/

Firms says transport fee cuts not deep enough

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. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/firms-say-transport-fee-cuts-not-deep-enough

Nearly 30 Cambodians arrested in Thailand

Twenty-eight Cambodian nationals were arrested last week by Thai authorities for illegally crossing the border into Khlong Yai district, according to a Bangkok Post story on Saturday. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/24434/nearly-30-cambodians-arrested-in-thailand/

New railroad to be built: Hun Sen

Prime Minister Hun Sen announced that a new railway from the capital to Siem Reap province will be built within an undisclosed timeframe. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/24436/new-railroad-to-be-built--hun-sen/

An IPO with a value approach

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 ...

Cam McGrath
http://www.phnompenhpost.com/business/ipo-value-approach

Acleda’s first-quarter profits up 21 per cent

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.   ...

Post Staff
http://www.phnompenhpost.com/business/acledas-first-quarter-profits-21-cent

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