News

Cambodia Securities Exchange market capitalisation up 40%

The Cambodia Securities Exchange (CSX) market capitalisation rose more than 40 per cent last year from 2017, mostly boosted by the rise in the Sihanoukville Autonomous Port (PAS) share price, the CSX said. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-securities-exchange-market-capitalisation-40

Number of casinos jumps by 53% in 2018

Cambodia granted 52 licences to casinos last year, bringing the total awarded to 150 at the end of 2018, thanks largely to a surge in gambling businesses in the Kingdom’s Preah Sihanouk province. ...

Hor Kimsay
https://www.phnompenhpost.com/business/number-casinos-jumps-53-2018

Angkor hosts 2.6M visitors

The Angkor Archaeological Park welcomed nearly 2.6 million international visitors last year, generating more than $100 million in revenue, a statement from the state-run Angkor Enterprise released on Tuesday said. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/angkor-hosts-26m-visitors

Ministry of Environment celebrates achievements

The ministry said it had introduced a number of environmental procedures, rules and guidelines to protect, promote and manage environmental issues, and cited major laws such as the 1996 Law on Environmental and Natural Resource Management and the 2008 Law on Natural Protected Areas. The ministry ...

Voun Dara
https://www.phnompenhpost.com/national/ministry-environment-celebrates-achievements

Luxury timber driver flees scene of crash

The driver of a van loaded with luxury timber fled the scene after crashing into traffic signs at Phnom Penh Autonomous Port on Tuesday. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/luxury-timber-driver-flees-scene-crash

Villagers demand $250 payout for land grab

Some 1,000 villagers on Tuesday blocked National Road 2 in Kandal province’s Kandal Stung district, each demanding compensation of $250 from the provincial authority for communal land they claim a former commune chief sold to a well-connected developer without their knowledge in 2008. ...

Kim Sarom
https://www.phnompenhpost.com/national/villagers-demand-250-payout-land-grab

Endangered birds spotted in sanctuaries

Nests of five critically endangered bird species were found in the Siem Pang and Siem Pang Kang Lech wildlife sanctuaries last year, according to an annual report issued yesterday by Birdlife International Cambodia. ...

Mom Kunthear
https://www.khmertimeskh.com/50564942/endangered-birds-spotted-in-sanctuaries/

CO not needed for exports to EU

Those wishing to export their goods to the EU under the tax-free preferential scheme, Everything but Arms (EBA), are no longer required to apply for a Certificate of Origin (CO), according to a joint announcement from the ministries of Commerce, and Economy and Finance on ...

Kun Kourchettana
https://www.phnompenhpost.com/business/co-not-needed-exports-eu

National Assembly to vote on local reps increase

The National Assembly will meet on Thursday to discuss and adopt an amendment to the law on municipal, provincial, town and district council elections in order to improve their efficiency, according to a senior National Assembly official. ...

Mech Dara
https://www.phnompenhpost.com/national/national-assembly-vote-local-reps-increase

Change to Article 45 with King for signing

A senior government official on Monday said that the amendment to Article 45 of the Law on Political Parties has reached its final stage and is merely awaiting the signature of King Norodom Sihamoni, leaving 118 politicians facing the dilemma as to whether to return ...

Ben Sokhean
https://www.phnompenhpost.com/national-politics/change-article-45-king-signing

UDG denies links to naval base

The vice president of China’s Union Development Group has dismissed reports that it is involved in the construction of a Chinese naval base in Koh Kong province. A report published by Asia Times last month said that China has been lobbying the Cambodian government since ...

Taing Vida
https://www.khmertimeskh.com/50564717/udg-denies-links-to-naval-base/

Raising the profile of LGBT rights

The Cambodia Human Rights Committee has defended the government’s record on LGBT rights and urged LGBT people to protect themselves from HIV. Keo Remy, director of CHRC, said on Sunday that LGBT people should not lose hope and be depressed by discrimination. ...

Pech Sotheary
https://www.khmertimeskh.com/50564715/raising-the-profile-of-lgbt-rights/

Thousands must still register to vote: NEC

The National Election Committee yesterday said that more than 8.5 million people have been officially registered on the 2018 voter list. According to an NEC press release, there were 195,385 new voters registered in 2018, while 56,941 people were removed from the voter list. ...

Pech Sotheary
https://www.khmertimeskh.com/50564716/thousands-must-still-register-to-vote-nec/

Illegal logging claims refuted

Forest activists in Battambang province’s Samlot district said on Thursday that a company that has received an economic land concession (ELC) in the area is trading timber from outside its ELC boundary. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/illegal-logging-claims-refuted

More than 200 garment workers petition ministry

More than 200 workers from Prestige Garment Co Ltd in Kandal province’s Kandal Stung district have petitioned the Ministry of Labour and Vocational Training for an intervention after the factory owner refused to reinstate their sacked representative who stands accused of intending to form a ...

Kong Meta
https://www.phnompenhpost.com/national/more-200-garment-workers-petition-ministry

Solar power plant set for 2019

A solar power plant worth more than $58 million, which is under construction in Kampong Speu province, will start installing 200,000 solar modules in January next year and begin operating late next year, said solar panel supplier JinkoSolar Holding Co Ltd. ...

Hin Pisei
https://www.phnompenhpost.com/business/solar-power-plant-set-2019

Malnutrition concerns raised

In conjunction with the Ministry of Health, two civil society groups on Friday expressed their concern about malnutrition among children and pregnant women in Cambodia, quoting statistics showing that almost one in three children in the Kingdom suffers from it. ...

Voun Dara
https://www.phnompenhpost.com/national/malnutrition-concerns-raised

PM calls on West to learn from past and avoid a ‘third mistake’

Speaking at the event on the capital’s Chroy Changvar peninsula, Hun Sen appealed to both the “greatest power country” and democratic nations to avoid making such mistakes in the future. The prime minister did not mention any state by name, referring only to the “greatest power ...

Ben Sokhean
https://www.phnompenhpost.com/national/pm-calls-west-learn-past-and-avoid-third-mistake

Rangers prepare incitement action against ‘armed mob’

Environmental rangers in Preah Vihear’s Prey Lang Wildlife Sanctuary are preparing to file a complaint against 15 people for inciting an armed mob of villagers on Saturday to “liberate” three rice tractors impounded at an environmental office. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/rangers-prepare-incitement-action-against-armed-mob

First banana shipment to China confirmed

Longmate Agriculture Co has announced that it will conduct a test shipment of bananas to the Chinese market next month, which will be followed by the company’s first official shipment to China in February. ...

Chea Vannak
https://www.khmertimeskh.com/50564243/first-banana-shipment-to-china-confirmed/

All benefits will be provided: Labour Ministry

The Labour Ministry on Friday issued a statement asking all factory workers to remain calm and trust that all benefits they are lawfully entitled to will be provided in due time. ...

Mom Kunthear
https://www.khmertimeskh.com/50564354/all-benefits-will-be-provided-labour-ministry/

Ministry warns six provinces of low temperatures

The Water Resources and Meteorology Ministry yesterday issued a statement warning that temperatures in six provinces could dip to as low as 17 degrees Celsius starting today. ...

Mom Kunthear
https://www.khmertimeskh.com/50564387/ministry-warns-six-provinces-of-low-temperatures/

Chinese salt imports reach Cambodia at $100 per tonne

Salt imports from China are expected to sell at $100 per tonne in the Cambodian market, $25 more per tonne than local salt, according to the Salt Producers Community of Kampot-Kep (SPCKK). ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/chinese-salt-imports-reach-cambodia-100-tonne

Kingdom to see 3,000MW supply

The Kingdom plans to increase electric power supply to 2,870.65MW next year, up from 2,650.26MW this year, according to the Electricity Authority of Cambodia’s (EAC) 2018 annual report that The Post obtained on Thursday. ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdom-see-3000mw-supply

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