The Phnom Penh Post
Rosewood, resin trees seized in separate raids
Officials confiscated nearly 5 tonnes of rosewood and resin tree timber in Siem Reap and Preah Vihear provinces on Sunday in separate incidents. ...
Phak Seangly
http://www.phnompenhpost.com/national/rosewood-resin-trees-seized-separate-raids
USAID to consult public before next round of Prey Lang funding
The next round of USAID funding for protection of the Prey Lang forest will be preceded by a consultation process that environmentalists and experts studying the area are calling crucial. ...
Cristina Maza and Bun Sengkong
http://www.phnompenhpost.com/national/usaid-consult-public-next-round-prey-lang-funding
Timber seized in three separate raids
Authorities seized more than 30 cubic metres of luxury timber and roughly 1,000 kilograms of illegal rosewood in separate raids in three provinces over the weekend. Chea Hean, head of the Natural Resource and Wildlife Preservation Organization, said he and Pursat environmental officials confiscated and burned ...
Mech Dara
http://www.phnompenhpost.com/national/timber-seized-three-separate-raids
Oil firm ready to push ahead with offshore drilling
Singapore-listed oil and gas firm KrisEnergy Ltd is moving closer to finalising its deal with the Cambodian government that will pave the way for extraction from the Block A offshore oil field once negotiations over a technical strategy and fiscal regime have been finalised. ...
Kali Kotoski
http://www.phnompenhpost.com/business/oil-firm-ready-push-ahead-offshore-drilling
Metered tuk-tuks making inroads in Phnom Penh
Cambodia’s first fleet of metered tuk-tuks is taking on the capital’s traditional business model for cheap motorised conveyance, where fare prices are usually settled by negotiations and customers often feel they were overcharged. ...
Matthieu de Gaudemar and Hor Kimsay
http://www.phnompenhpost.com/business/metered-tuk-tuks-making-inroads-phnom-penh
Smallholder farmers to face land shortage, study finds
Smallholder farmers have a crucial role to play in tempering the growing pains of Cambodia’s transition to an industrialised economy, but unless something is done, they will face a land shortage in the coming years, according to the authors of a new report. They will ...
Jack Davies
http://www.phnompenhpost.com/national/smallholder-farmers-face-land-shortage-study-finds
Rice taskforce created, again
The Ministry of Commerce set up a new taskforce on Friday to address challenges faced by the Kingdom’s struggling rice industry and assess demands made by members of the Cambodia Rice Federation (CRF), who have decried the ineffectiveness of an earlier taskforce set up by ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-taskforce-created-again
Kampong Speu protesters reject NGO’s help
In defiance of an order by Phnom Penh Deputy Governor Khoun Sreng, more than 100 people protested outside the offices of Equitable Cambodia (EC) yesterday. They held signs denouncing the NGO, as community representatives inside submitted a letter withdrawing their consent for the group to represent ...
Jack Davies and Touch Sokha
http://www.phnompenhpost.com/national/kampong-speu-protesters-reject-ngos-help
Checkpoint chief leased house to illegal Vietnamese miners
Five Vietnamese nationals who were renting a home from the local immigration department chief were arrested on Friday for conducting illegal mining operations in Ratanakkiri province’s O’Yadav district. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/checkpoint-chief-leased-house-illegal-vietnamese-miners
Plans underway for clearer guidelines governing landmarks and heritage buildings
As many tall buildings continue to pop up in Cambodia’s 500-year-old capital, ministries are continuing to place importance on preserving the cultural heritage of important historical sites and landmarks, ranging from ancient temples and monuments to pagodas and colonial buildings. ...
Cambodia, Russia continue discussing nuclear energy plans
A November pact with Russia that first raised the possibility of nuclear energy in Cambodia is still being quietly pursued. Next week will see the second meeting of a Ministry of Interior working group dedicated to coordinating cooperation with the Vladimir Putin-led government in the realm ...
Cristina Maza
http://www.phnompenhpost.com/national/cambodia-russia-continue-discussing-nuclear-energy-plans
Border control a concern as harvest looms
Tighter border controls by Thai authorities could result in thousands of tonnes of Cambodian agricultural goods getting stranded at the border next month when local farmers begin harvesting their crops, sources warned yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/border-control-concern-harvest-looms
Railway works prime Poipet for prosperous developments
The train route that is set to connect Poipet to Thailand, and the government’s plan to make Poipet a commercial and industrial area, are readying this Thai-bordered city to exercise its potential. ...
Siv Meng
http://www.phnompenhpost.com/post-property/railway-works-prime-poipet-prosperous-developments
Report confirms residential oversupply
The latest report on the state of Phnom Penh’s property market makes bleak reading for investors and those betting on a lucrative future in the short-term. ...
Post Staff
http://www.phnompenhpost.com/post-property/report-confirms-residential-oversupply
Disney carbon deal sets stage for more partnerships
Cambodia’s first large-scale private-sector sale of carbon credits was finalised yesterday, with conservationists predicting that it could pave the way for more public-private partnerships, making millions of dollars of funding available for local carbon-based initiatives. US entertainment giant Walt Disney Company has officially purchased $2.6 ...
Kali Kotoski
http://www.phnompenhpost.com/business/disney-carbon-deal-sets-stage-more-partnerships
Domestic tourists push up Siem Reap visitor count
Tourist visits to Siem Reap province increased slightly during the first half of the year as foreign tourists lined up to see the country’s pre-eminent tourism attraction, Angkor Wat, and Cambodians from across the country flocked to the province for a major national festival in ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/domestic-tourists-push-siem-reap-visitor-count
Indonesia, Cambodia discuss defence cooperation
Indonesia is willing to offer Cambodia’s navy ships at a discount and would like the Kingdom to be involved in joint patrols in the region, Indonesia’s Defence Minister Ryamizard Ryacudu yesterday told the Post, amid his meetings with government leaders. ...
Shaun Turton and Vong Sokheng
http://www.phnompenhpost.com/national/indonesia-cambodia-discuss-defence-cooperation
Disabled deserve jobs: gov’t
The Ministry of Social Affairs yesterday once again called on the Kingdom’s employers to hire the disabled, something mandated in a widely ignored 2010 sub-decree. ...
Sen David and Cristina Maza
http://www.phnompenhpost.com/national/disabled-deserve-jobs-govt
Regulators keeping a close eye on derivatives market
Cambodia’s capital market regulator held a forum yesterday on regulations and safeguards for the derivatives market, laying out the inherent risk and reward of the poorly understood financial instrument that has until recently operated with no oversight. ...
Kali Kotoski
http://www.phnompenhpost.com/business/regulators-keeping-close-eye-derivatives-market
Review finds economy resilient to challenges
The National Bank of Cambodia released its annual report yesterday, citing strong growth in 2015 despite challenging economic circumstances caused by a Chinese economic slowdown, increased regional competitiveness and the appreciation of the US dollar. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/review-finds-economy-resilient-challenges
Villagers, police face off in Phnom Penh over Koh Kong sugar petition
Meanchey district police and security guards yesterday clashed with about 70 Koh Kong province villagers at the capital’s Samaki Rainsy pagoda, shoving and pushing them as they tried to make their way to the Ministry of Land Management. ...
Touch Sokha
http://www.phnompenhpost.com/national/villagers-police-face-phnom-penh-over-koh-kong-sugar-petition
Cambodia stuck on money laundering blacklist
Cambodia has been listed as the highest-risk nation in ASEAN, and ranks sixth globally, for its susceptibility to money laundering and terrorism financing in a recently released global index that charts the vulnerability of 149 nations. ...
Kali Kotoski
http://www.phnompenhpost.com/business/cambodia-stuck-money-laundering-blacklist
Siemens urges gov’t to boost power grid
Cambodia needs to focus on solidifying its national grid and shoring up its energy efficiency and transmission lines before expanding into more costly renewable technology, a visiting executive of German engineering giant Siemens said yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/siemens-urges-govt-boost-power-grid
Microsoft translation project to tackle business jargon
American software giant Microsoft announced yesterday that it would jointly implement a project with Cambodia’s Ministry of Commerce to create a translation program to simplify complex English and Khmer business terminology in order to help businesses better understand commonly used jargon. ...
Hor Kimsay
http://www.phnompenhpost.com/business/microsoft-translation-project-tackle-business-jargon