News

Phnom Penh International Airport’s navigation system will be upgraded today with the installment of a new satellite-based system that aims to improve efficiency and reduce fuel usage, an aviation official said. Chhun Sivorn, director of the Air Navigation Standards and Safety Department of the State Secretariat ...

The total weight of goods transported through the Sihanoukville Autonomous Port in the first six months of the year was up 15 percent compared with the same period last year, according to figures released Thursday. Some 1.51 million tons of goods passed through the port in ...

Some 24 Ford Explorer sport utility vehicles in Cambodia are being recalled to fix a potential fuel leak that could cause a fire, company representatives said. The move comes amid a much larger recall of 465,000 units manufactured by the Dearborn, Michigan-based automaker, raising doubts over ...

Cambodia’s reliance on imported fossil fuels to meet its energy needs is set to increase in the coming years, despite the raft of hydropower projects planned by the government, according to new data from the Asian Development Bank (ADB). Using baseline figures from the Institute ...

Recurring power cuts and power shortages draw sharp complaints from Cambodia’s public, the political opposition and business owners. Keo Ratanak,  director-general of Electricite du Cambodge (EDC), talked to the Post’s Sarah Thust. What is EDC doing to reduce electricity cuts here? The issue of power shortage is ...

The commerce affairs office in northeastern Surin has reported robust trade along the Thai-Cambodian border despite unresolved Phra Viharn [Preah Vihear] temple dispute. Mr. Sitthiporn Bangkeaw from the Office of Commerce Affairs Surin revealed that even though the International Court of Justice (ICJ)’s public hearings in ...

Despite the massive spike in development underway in Phnom Penh, a new report says that the public interest is becoming marginalised in favour of the political and business elite. The report, from NGO Sahmakum Teang Tnaut (STT), says that currently “commercial interests are driving the urban ...

Cambodia’s inflation rate is expected to be less than 3 percent in 2012 thanks to stable food prices, Prime Minister Hun Sen said Friday. “This year, the inflation will be less than 3 percent, it is low and good if compared to 5.5 percent rate last ...

Trade between Cambodia and Thailand increased by about 40 per cent to US$3 billion in the first nine months of this year in comparison with the same period last year, according to figures provided by the Royal Embassy of Thailand in Cambodia. According to Nat Vimonchandra, ...

Danish marine fuel company Go4 Bunker Denmark yesterday launched the first company in Cambodia to supply ship fuel to  vessels traveling through Cambodia’s waters, according to officials. The launch ceremony for the newly established Go4 Bunker Cambodia Co Ltd yesterday was presided over by Danish Princess ...

Thailand’s top energy company, has offered to buy out Singapore-listed Sakari Resources Ltd for $960 million as the oil and gas firm expands into coal to meet rising regional demand for the fuel On Aug. 13, Sakari announced a joint venture with the Royal Group of ...

At the turnoff of Sihanoukville outside Phnom Penhmetal shop owner Kuch Sareun watches the sparks fly as his emplyees join pieces of steel. This year, he installed a diesel-run generator at his business since the frequent electricity outages were hurting his bottom line. Electricity is ...

After a day sewing, treating fabrics and ironing, workers steam out of the Maurea Garment Factory in a suburb of Phnom Penh. Unilke some other factories, this one doesn’t have to deal with work slowdowns due to electricity outages of high monthly energy bills since ...

Petrol prices have jumped by 150 riel (US$0.03) a litre, much to the dismay of Cambodia’s poor, as NGOs appealed to the government to take action. Rong Chhun, president of the Cambodian Confederation of Unions (CCU), issued a letter dated August 16 appealing to Prime Minister Hun ...

High production costs and a lack of government assistance is keeping rice farmers near the poverty line despite unprecedented growth in the sector, according to a new study released by local microfinance institution Intean Poalroath Rongroeurng (IPR). The independent study, conducted by two Cambodian researchers ...

Prime Minister Hun Sen yesterday blamed soaring food prices on fuel prices set by oil cartels like OPEC, appealing to oil-producing countries to pay attention to the connection between food security and energy. Cambodia imports 100 per cent of its oil, and the majority of agriculture ...

The government plans to review fuel import taxes in the wake of soaring prices at the pump over the past few weeks, an official said yesterday. Cheam Yeap, Cambodian People’s Party lawmaker and chairman of the finance and banking commission, said the government will look into ...

Inflation in Cambodia rose 5.8 per cent year-on-year in January, according to figures from the National Institute of Statistics. Rising fuel costs had spurred the inflation, which was felt largely in the price of food, officials said. Data showed food and non-alcoholic beverage prices in January increased ...

Consumer prices in the Kingdom rose about five per cent year-on-year in October, according to the National Institute of Statistics, though they held steady from September. Declining food and fuel prices, along with an appreciating US dollar, were listed as the main reasons for the stabilisation ...

Heightened global food and fuel prices continued to inflate Cambodia’s market in September, and experts said flood damages would elevate costs further toward the end of the year. Year-on-year inflation hit 6.7 per cent in last month, up 1 per cent from August, according to data ...

A resurgent economy and efforts to crack down on smuggling have led to a large increase in petroleum imports, according to experts. Cambodia has imported 756,139 tonnes worth US$692 million in the first half of the year, from 440,607 tonnes worth $296 million in the ...

With prices creeping upward and the central bank looking to take monetary action to fight inflation, the government has suspended the publication of the monthly Consumer Price Index, an official at the Ministry of Pallning said yesterday. Sam Saroeun, deputy director of the statistic department ...