The Phnom Penh Post

Exports near $11.5B on May-Jun lift

The value of Cambodia’s total goods exports in the first half of the year reached $11.464 billion, up more than 0.75 per cent on an annual basis from $11.379 billion and up nearly 3.25 per cent from $11.104 billion in the second half of 2022, ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-near-115b-may-jun-lift

National police: political activism led to candlelight party member’s arrest in Thailand

The arrest of a Candlelight Party member in Bangkok last Friday was related to his activism against the ruling Cambodian People’s Party (CPP), a National Police spokesperson said. ...

Phon Sothyroth and Leila Goldstein
https://cambojanews.com/national-police-political-activism-led-to-candlelight-party-members-arrest-in-thailand/

NEC prepares 13M ballots for July 23 election

The National Election Committee (NEC) announced the successful printing of over 13 million ballot papers. The ballots are set to be dispatched to provinces throughout the country on July 18, a strategic move scheduled five days ahead of the July 23 general election. ...

Kim Yutharo
https://www.phnompenhpost.com/national/nec-prepares-13m-ballots-july-23-election

Large-antlered muntjac caught on camera in Virachey National Park

Wildlife conservation NGO, Fauna and Flora, and related ministries have expressed elation at recording footage of the elusive large-antlered muntjac, Muntiacus vuquangensis, in northeastern Cambodia’s Virachey National Park. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/large-antlered-muntjac-caught-camera-virachey-national-park

King urges subjects to save forests and wildlife

King Norodom Sihamoni, in a heartfelt appeal, urged his subjects to safeguard all kinds of forests and wildlife. Recognising the forests as invaluable natural treasures, he urged the country to protect these resources for both present and future generations, highlighting their essential role in mitigating ...

Sok Raksa
https://www.phnompenhpost.com/national/king-urges-subjects-save-forests-and-wildlife

King promulgates amended election law

King Norodom Sihamoni on July 4 issued a Royal Decree promulgating the amended election law, following its passage by the National Assembly and Senate in June and clearance by the Constitutional Council (CCC) on July 3. ...

Kim Yutharo
https://www.phnompenhpost.com/national/king-promulgates-amended-election-law

Cambodian exports to Vietnam surge by nearly a quarter to $1.3B

Cambodia’s goods exports to Vietnam reached $1.324 billion in the first five months of 2023, up 22.69 per cent year-on-year from $1.079 billion and up 83.92 per cent half-on-half from $719.79 million, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-vietnam-surge-nearly-quarter-13b

Informal entertainment workers eyed for IDPoor

The Ministry of Planning has since the start of July been conducting interviews for assessing whether informal workers in the entertainment sector can qualify for IDPoor cards, a senior official has said. ...

Chea Sokny
https://www.phnompenhpost.com/national/informal-entertainment-workers-eyed-idpoor

Gov’t sticks with 5.6% growth forecast

The government has kept its baseline projection for Cambodia’s economic growth this year at 5.6 percent, which was announced in late January, marking a sharp drop from the 6.6 per cent put forward in October, as the Ukraine conflict and geopolitical unrest caused regional and ...

May Kunmakara
https://www.phnompenhpost.com/business/govt-sticks-56-growth-forecast

Gov’t reveal 2024 revenue, spending plans

Cambodia is planning for government revenue and spending equivalent to 23.07 per cent and 26.29 per cent of GDP (gross domestic product) in 2024, respectively. ...

Van Socheata
https://www.phnompenhpost.com/business/govt-reveal-2024-revenue-spending-plans

Over 220,000 philanthropists help Kantha Bopha children’s hospitals

The Cambodian Kantha Bopha Foundation has successfully concluded its “10,000 riel, 10,000 donors” campaign, amassing more than $2 million in donations from a staggering number of over 220,000 contributors. Foundation officials have lauded this campaign as a standout, praising the active public participation it drew. ...

Long Kimmarita and Ry Sochan
https://www.phnompenhpost.com/national/over-220000-philanthropists-help-kantha-bopha-childrens-hospitals

Cambodia bans entry for all Meta oversight board members

Cambodia has declared a ban on entry for the 22 members of the Oversight Board for Meta, the parent company of Facebook, effective from July 4. If any of these members are currently in the country, they are required to leave within 48 hours. ...

Post Staff
https://www.phnompenhpost.com/national/cambodia-bans-entry-all-meta-oversight-board-members

Spirits high after NBC’s prakas on capital rules

The National Bank of Cambodia’s (NBC) recent two-pronged prakas on capital buffers and the capital adequacy ratio (CAR) of banking and other deposit-taking institutions, which aims to provide a clearer classification system for assets, is poised to strengthen the industry and enhance risk resilience, local ...

May Kunmakara |
https://www.phnompenhpost.com/business/spirits-high-after-nbcs-prakas-capital-rules

Central bank's regulations to boost financial resilience in Cambodia

The National Bank of Cambodia (NBC) has announced the enforcement of regulations on capital buffer and on credit risk for capital adequacy ratios (CAR) for banks and deposit-taking microfinance institutions (MFIs). These measures aim to bolster the management of diverse risks, it said. ...

Sok Raksa
https://www.phnompenhpost.com/business/central-banks-regulations-boost-financial-resilience-cambodia

China, Vietnam, Thai markets make up 70% of Cambodia’s imports

Mainland China, Vietnam and Thailand accounted for $7.259 billion or 71.81 per cent of Cambodia’s total goods imports in the first five months of 2023, which amounted to $10.109 billion, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/china-vietnam-thai-markets-make-70-cambodias-imports

Draft intellectual property policy set for Cabinet

This year has seen the National Committee for Intellectual Property Rights (NCIPR) finalise a significant draft IP policy 2023-28 for submission to the Council of Ministers, as stated by minister and NCIPR chairman Pan Sorasak. ...

Sok Raksa
https://www.phnompenhpost.com/business/draft-intellectual-property-policy-set-cabinet

ADB prepare $200M water package

The Ministry of Water Resources and Meteorology and representatives of the Asian Development Bank (ADB) met for talks on June 27 to discuss long-term investment in projects that would support the ministry’s crucial functions. Following negotiations, the ADB prepared a new $200 million package of ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/adb-prepare-200m-water-package

First six months of year sees 48% fall in landmine victims

The Cambodian Mine Action and Victim Assistance Authority (CMAA) have presented the results of a study on the impact of landmines and explosive remnants of war (ERW) in the first six months of the year, noting a 48 per cent reduction in the number of ...

Chea Sokny
https://www.phnompenhpost.com/national/first-six-months-year-sees-48-fall-landmine-victims

Forest community report fish poisoning

Buddhist monks and members of the forest community of Sorng Rukhavorn Wildlife Sanctuary have expressed deep concern over illegal fishing activities in the sanctuary. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/forest-community-report-fish-poisoning

Prime minister orders armed forces to shoot down drones along Vietnam border

Prime Minister Hun Sen ordered troops stationed along the border with Vietnam to start “shooting down” unidentified drones flying into Cambodia’s territory, in a Tuesday Facebook Live post. ...

Khuon Narim
https://cambojanews.com/prime-minister-orders-armed-forces-to-shoot-down-drones-along-vietnam-border/

ARDB: Establish firm market prices for rice

In a bid to uplift the livelihood of farmers and propel the government’s ambitious export plan, Kao Thach, director-general of the Agricultural and Rural Development Bank (ARDB), has called on rice mills and milled rice export companies to purchase rice from farmers at market price. ...

Van Socheata
https://www.phnompenhpost.com/business/ardb-establish-firm-market-prices-rice

Chinese-owned Kratie tyre plant gets CDC’s nod

Newbustar (Cambodia) Tire Co Ltd, a member of the Chinese state-owned Doublestar Group, is investing some $138 million in a tyre factory in Kratie province’s southeast to tap into the domestic market. ...

May Kunmakara
https://www.phnompenhpost.com/business/chinese-owned-kratie-tyre-plant-gets-cdcs-nod

ADB-backed new Kampong Thom trash facility inaugurated

The Tonle Sap Basin is now home to a new $4 million landfill. This crucial addition, part of the Second Urban Environment Management project, is set to enhance sanitation and environmental management services around the lake, part of which is located in Kampong Thom province. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/adb-backed-new-kampong-thom-trash-facility-inaugurated

NSSF call on companies to register staff

All companies, enterprises and businesses that employ one or more employees are required to register with the National Social Security Fund (NSSF). Those who attempt to evade registering their staff will face legal consequences, explained Sok Bora, director of the NSSF’s Benefits Division, as he ...

Chea Sokny
https://www.phnompenhpost.com/national/nssf-call-companies-register-staff

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