News

The Ministry of Mines and Energy announced that it has granted licenses to four different mining companies to explore for potential mineral resources in Kratie, Kampong Thom, Mondulkiri and Kampot. ...

The central bank hopes to launch its central shared switch mechanism next month after a trial run that has already connected the account records of three of the Kingdom’s leading financial institutions, allowing them to operate ATM and point-of-sale (POS) terminals in tandem, according to ...

Cassava prices in Cambodia experienced a sharp drop this month leading to heavy losses for smallholder farmers unable to quickly switch to more profitable crops and recoup their mounting losses, a provincial agriculture official said yesterday. ...

Cambodia’s capital market regulator will meet soon to discuss a proposal to permit market orders for trading stocks on the Kingdom’s bourse, a move that would give investors more flexibility when buying or selling shares, officials have said. ...

National Authority for Combating Drugs (NACD) President Ke Kim Yan announced his intention to extend Cambodia’s anti-drug campaign yesterday, nearly six months and more than 8,000 arrests since the controversial crackdown began. ...

Angry residents in Kratie town’s Krakor commune yesterday protested against a sand-mining company they accuse of damaging a local road. The protesters used their vehicles to block the company’s trucks from driving on the road. ...

Cambodia has been a vocal supporter of the BRI since the initiative’s conception in 2013. The BRI will offer a new framework of cooperation between Cambodia and her neighbours, through the increased connectivity that will arise in the region once the work on the improved ...

Forty-seven people were killed by lightning in the first six months of the year, down from 60 in the same period last year, according to a report from the National Committee for Disaster Management. ...

The Ministry of Mines and Energy has issued licences to four mining companies to extract minerals and precious metals in four provinces, according to a statement issued by the ministry. The four companies – Renaissance Minerals (Cambodia) Ltd., Kiri Resources Co. Ltd., Samnang Angkor Development Co. ...

Villagers tilling land for pepper farming in Battambang province’s Samlot district discovered nearly 300 unexploded bombs on Sunday left over from the civil war. ...

A Thai company has expressed an interest in exporting Kampong Speu’s Keo Romeat mangoes to Europe, America and Australia, according to a senior Agriculture Ministry official. ...

The Unesco representative in Cambodia has expressed support for the Apsara Authority’s actions to prevent the spread of illegal constructions in the Angkor Archaeological Park. ...

Defence Minister Tea Banh’s son has been appointed a deputy governor of Siem Reap province by Prime Minister Hun Sen. Major General Tea Seiha said he had not been told about the appointment officially so could not give a date for when he would take up ...

The National Election Committee will hold a meeting with political parties and civil society organisations next month to discuss the high number of invalid ballots in the commune elections. Of more than 7 million ballots cast, 133,484 were deemed invalid. ...

Several hundred homeowners in Siem Reap province blocked the road between Angkor Wat and Siem Reap Airport for several hours on Friday to protest authorities’ removal of a home recently built inside the archaeological park. ...

Earlier this month Sihanoukville Autonomous Port (PAS) became the fifth listed firm on the Cambodian Securities Exchange (CSX) following an initial public offering that raised $27 million. The Post’s Brian Ng sat down with Shuzo Shikata, CEO of SBI Royal Securities (SBIR), the sole underwriter ...

The country’s election authority released its official results for the June 4 commune elections on schedule on Sunday, calling 1,156 out of a total 1,646 communes for the CPP, which also won 6,503 of the 11,572 council seats up for grabs. ...

Banking and financial industry figures have called on the government to abolish the 10 percent value added tax on the sector and asked for further discussion. The industry thinks the tax will increase the burden on financial service users. ...

The government has tapped two officials to become new deputy governors in Phnom Penh, including former Pursat Provincial Deputy Governor Keut Che, and Nuon Pharath, a staffer at the Council of Ministers with close ties to the youth organisation led by the premier’s youngest son. ...

Kampong Chhnang provincial authorities on Saturday intercepted and seized a truck loaded with 300 kilograms of live snakes and tortoises, though the wildlife traders managed to escape, a provincial Forestry Administration official said yesterday.​ ...

The central banks of Cambodia and South Korea signed an agreement on Friday to jointly conduct research and analyse the relationship between exchange rates and inflation in the Cambodian economy, according to bank officials. ...

Interior Minister Sar Kheng has vowed an investigation into an alleged arms trafficking operation linked to a Cambodian official, saying information from suspects indicated the guns were smuggled via a “corridor” in Cambodia’s Koh Kong province into Thailand and did not pass through the international ...

The central bank has issued new regulations governing the licensing of payment services providers (PSPs), requiring that all firms providing online services to accept electronic payments have at least $2 million in registered capital, a move expected to increase the stability of the sector and ...

A boy of 11 was seriously injured when a bomb he was playing with exploded on Saturday in Battambang province’s Koas Krala district. Koas Krala district police chief Chhang Vanchhay said yesterday that May Sameth had gone out to take care of a cow in a ...