The Phnom Penh Post

Some 70 Chroy Changvar residents set to be displaced by a massive development took their grievances to Phnom Penh City Hall yesterday. ...

Global credit rating agency Moody’s Investors Services has maintained Cambodia’s B2/stable sovereign rating, stating in its latest credit opinion on the Cambodian government that the rating was underpinned by the Kingdom’s credit strengths, specifically its healthy growth prospects and a stable external payments position. ...

The Mondulkiri Provincial Court is preparing to investigate accusations that Cambodian border officials last month knowingly allowed seven Vietnamese loggers to illegally fell trees in the Keo Seima Wildlife Sanctuary, a court official said yesterday. ...

The Securities and Exchange Commission of Cambodia (SECC) has made slow progress in reining in unlicensed operations since issuing its first derivatives trading licence nearly a year ago. To date, only six licences have been issued, while at least as many unlicensed firms continue to ...

A Cambodian startup was selected to take part in Startupbootcamp’s three-month fintech accelerator program in Singapore, becoming the second firm from the Kingdom to join the international program in as many years. ...

Twelve parties had registered for the June commune elections as of Saturday evening – one day before the deadline – with a National Election Committee spokesman yesterday saying no further parties were believed added on the last day. ...

For decades, political and economic upheaval in Southeast Asia separated ethnic Vietnamese communities in the United States from those in Asia, as their lives followed radically divergent trajectories. ...

Micro-Credit Ratings International Ltd (M-CRIL), an Indian provider of rating and advisory services to the microfinance industry, has secured a $1.5 million equity investment agreement from the Asian Development Bank (ADB) to push into emerging markets including Cambodia, the ADB said in an announcement last ...

Japan’s Hitachi Ltd has officially entered into a joint venture partnership with the local construction company CMED Group Co Ltd, aimed at expanding its sales, installation and maintenance services for elevators and escalators throughout the Kingdom, the company announced on Friday. ...

The government needs to urgently amend its industrial development policy to spur the inclusive growth of small- and medium-size enterprises (SMEs) and develop a national logistics platform to cut onerous shipping costs if Cambodia is to find a place in global value chains, panellists at ...

Bred Banque Populaire – part of the second-largest banking group in France – officially launched operations in Cambodia yesterday after a ribbon-cutting ceremony at its headquarters, marking the first venture of a European bank in the Kingdom since the late 1990s. ...

Foreign Affairs Minister Prak Sokhonn said yesterday that the Cambodian embassies and consulates abroad lack sufficient financial resources, with Prime Minister Hun Sen immediately promising $2 million for the ministry to upgrade embassies’ motor pools – albeit within reason, he cautioned. ...

The Ministry of Economy and Finance secured a $36.3 million concessionary loan from the UN’s International Fund for Agricultural Development (IFAD) program aimed at accelerating the production of small-scale agricultural products including rice, vegetables, potatoes, silk and livestock, according to a ministry release yesterday. ...

Cambodian farmers continue to expand cassava cultivation despite falling commercial prices for the crop and low international trade volumes, new data from the Ministry of Agriculture show. ...

More than 40 houses burned down in a fire in a Daun Penh district slum last night, although Phnom Penh officials reported no injuries or deaths. ...

Cambodian Prime Minister Hun Sen yesterday used a speaking slot at a children’s rights conference to once again castigate the United States, urging the UN to “increase its volume” in condemning the US for dropping bombs that maimed and killed children.​ ...

City Hall issued another deadline yesterday to land disputants affected by a satellite city development on Chroy Changvar, telling them to voluntarily part with 90 percent of their land or risk losing it all. ...

Transparency International (TI) released their Global Corruption Barometer yesterday, revealing that in recent years, Cambodian citizens’ personal experience with corruption has gone down, while their perception of its prevalence has gone up. ...

Singapore-listed KrisEnergy Ltd is considering selling or farming out a stake in its Cambodia Block A offshore oilfield to ease its debt burden, according to the company’s 2016 year-end report. ...

It’s a mistake to consider Cambodia a nation under authoritarian rule by a single party; it comes down to a single man – Prime Minister Hun Sen, a new paper argues. ...

Cambodians spent over $100 million on imported meat last year, further widening the gap of domestic supply as local producers failed to capture the lucrative protein market, a government official said yesterday. ...

The Ministry of Mines and Energy collected $20.3 million in non-tax revenue last year, a 20 percent increase over the previous year, it said yesterday. ...

Cambodia’s lagging agriculture and nascent manufacturing sectors need to diversify as the threat of regional competition heats up, a World Bank economist warned yesterday, while enumerating the challenges the Kingdom faces after having officially graduated into a lower-middle income country last year. ...

More than 300 ethnic villagers at two separate locations in Preah Vihear province conducted traditional ceremonies yesterday beseeching the spirits for an end to their ongoing land dispute with the Chinese-owned Rui Feng sugar company. ...