The Phnom Penh Post
Vietnamese move might hinder logging in Kingdom
Vietnamese Prime Minister Nguyen Xuan Phuc on Monday called for the closure of 2.25 million hectares of natural forest in the country’s Central Highlands as well as the shuttering of wood processing facilities across the country, regional news outlets reported. ...
Donna M Airoldi
http://www.phnompenhpost.com/national/vietnamese-move-might-hinder-logging-kingdom
Tycoon looks to expand and deepen private Sihanoukville seaport
Agro-industrial tycoon Mong Reththy plans to expand his private port to handle bigger ships and containerised cargoes, increasing potential competition with the country’s principal port in Sihanoukville. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/tycoon-looks-expand-and-deepen-private-sihanoukville-seaport
Renewables receive $30M funding boost
The Ministry of Mines and Energy has received $30 million in funding from the Scaling Up Renewable Energy in Low-Income Countries Program (SREP) – an arm of the global Climate Investment Funds initiative – for a solar energy development program that includes home systems, mini-grids ...
Kali Kotoski
http://www.phnompenhpost.com/business/renewables-receive-30m-funding-boost
Gov’t signs off on Koh Rong protected habitat
The Cambodian government has signed off on the Kingdom’s first dedicated marine protection area in a bid to save the Koh Rong Archipelago’s coral reef and sea life. ...
High levels of anxiety among HIV outpatients
The vast majority of people undergoing treatment for HIV and AIDS in Cambodia reported suffering anxiety, according to a new quality of life survey. ...
Erin Handley
http://www.phnompenhpost.com/national/high-levels-anxiety-among-hiv-outpatients
Minister urges Turkey to launch direct flight
Cambodian Commerce Minister Pan Sorasak yesterday urged Turkey’s ambassador to follow through on a plan announced last year to establish direct flights as part of a push to enlarge bilateral trade to $500 million a year by 2020, from the current $108 million, the ministry ...
Post Staff
http://www.phnompenhpost.com/business/minister-urges-turkey-launch-direct-flight
Remittances may worsen Kingdom's wealth divide: study
Phnom Penh’s population nearly doubled in the first decade of the 21st century, in large part thanks to workers streaming into the capital in hopes of sending money back home to their families in the provinces.Published in Migration Studies, Dr Laurie Parsons’ Mobile inequality: Remittances ...
Jack Davies
http://www.phnompenhpost.com/national/remittances-may-worsen-kingdoms-wealth-divide-study
Sugar company's compensation deals leave families bitter in Kampong Speu
In 2010, more than 1,500 families in Kampong Speu’s Oral district were evicted from the land they had cultivated since the fall of the Khmer Rouge regime in 1979 to make way for a Phnom Penh Sugar Company mega-plantation. ...
Jack Davies and Bun Sengkong
http://www.phnompenhpost.com/national/sugar-companys-compensation-deals-leave-families-bitter-kampong-speu
GTI announces 2015 dividend payout
Garment manufacturer Gran d Twins International (GTI) will pay out a reduced cash dividend for 2015 as a result of net profits dropping by 70 per cent last year compared to 2014, the company said yesterday in a filing to the Cambodian Securities Exchange (CSX). ...
Post Staff
http://www.phnompenhpost.com/business/gti-announces-2015-dividend-payout
Vehicle registration lists to be computerised
The Ministry of Public Works and Transport is developing an electronic vehicle registration system to be brought in by the end of this year, said Minister Sun Chanthol during the opening of a driver’s licence centre at Aeon Mall yesterday. ...
Pech Sotheary
http://www.phnompenhpost.com/national/vehicle-registration-lists-be-computerised
Cambodia welcomes regional SIM proposal
The government is considering a proposal for telecommunications regulators in Cambodia, Thailand, Laos and Myanmar to jointly enforce mobile phone SIM card registration in an effort to prevent cross-border fraud and drug trafficking, among other illegal activities. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/cambodia-welcomes-regional-sim-proposal
Army worm outbreak plagues rice crop in five provinces
An outbreak of army worms – brought on by recent rains – is attacking crops in five provinces, according to the Ministry of Agriculture. ...
Gov’t halts building of Koh Rong island port
A Sihanoukville provincial coastal working group has ordered tycoon Kith Meng’s Royal Group to stop building a port on Koh Rong, saying the development was illegal. ...
Mech Dara
http://www.phnompenhpost.com/national/govt-halts-building-koh-rong-island-port
UXO found in three different provinces
Dozens of pieces of unexploded ordnance and hundreds of AK-47 bullets have been found on farmland in three provinces in recent days and handed over for disposal, according to local authorities yesterday. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/uxo-found-three-different-provinces
JOGMEC to explore for gold in Ratanakkiri
Canadian mining firm Angkor Gold has entered into a joint exploration agreement with Japan Oil, Gas and Metals National Corp (JOGMEC) to explore Angkor’s Oyadao South licence in Ratanakkiri province, the company said in a press release yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/jogmec-explore-gold-ratanakkiri
Int’l Union report ranks Kingdom in bottom ten
Cambodia made the list of the 10 worst countries in terms of labour rights, according to a report released last week by the International Trade Union Confederation. ...
Bun Sengkong and Igor Kossov
http://www.phnompenhpost.com/national/intl-union-report-ranks-kingdom-bottom-ten
Giant coal plant taking shape in Sihanoukville
Nearly half of a massive 700-megawatt coal-fired power plant that will fuel the country’s biggest industrial park and feed the national grid is set to be completed by the end of the year, according to officials at the Ministry of Mines and Energy. ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/giant-coal-plant-taking-shape-sihanoukville
Conservationists caution road through sanctury may harm birds
Conservationists have warned a new road could threaten endangered bird species in Stung Treng’s Siem Pang wildlife sanctuary. ...
Kong Meta and Igor Kossov
http://www.phnompenhpost.com/national/conservationists-caution-road-through-sanctury-may-harm-birds
Central bank allays dollar concerns
The National Bank of Cambodia responded to rumours yesterday that local banks were no longer accepting US dollar banknotes with minor imperfections, such as small tears, creases or ink stamps, stating that the central bank had not changed its policies. ...
Hor Kimsay
http://www.phnompenhpost.com/business/central-bank-allays-dollar-concerns
PM challenges EU to follow through on threat to cut aid
Prime Minister Hun Sen on Monday blithely brushed aside a recent threat from the European Parliament to cut hundreds of millions of dollars in aid to Cambodia over human rights abuses, challenging the body to follow through. ...
Kuch Naren
https://www.cambodiadaily.com/news/pm-challenges-eu-to-follow-through-on-threat-to-cut-aid-114068/
Wing, GmoneyTrans ink partnership deal
A South Korean phone-based money transfer company has partnered with Wing Specialized Bank to tap into remittance services for Cambodians living and working abroad. ...
Hor Kimsay
http://www.phnompenhpost.com/business/wing-gmoneytrans-ink-partnership-deal
Pepper business adds to Kingdom’s deforestation woes
While the luxury timber trade continues to eat away at Cambodia’s forests, there is another industry that poses a growing threat to the Kingdom’s trees: pepper farms. ...
Mech Dara and Igor Kossov
http://www.phnompenhpost.com/national/pepper-business-adds-kingdoms-deforestation-woes
Fuel price caps steady as crude heating up
The Ministry of Commerce yesterday announced revised price caps on fuel sold at retail petrol stations throughout the Kingdom from June 12-21, setting a price ceiling of 3,450 riel per litre on regular gasoline, 3,500 riel per litre on premium gasoline and 3,150 riel per ...
Post Staff
http://www.phnompenhpost.com/business/fuel-price-caps-steady-crude-heating
Railway operations resume after collision
No significant commercial delays or losses resulted from the collision between a train and a cement truck in Kampot province on Sunday as engineers were able to remove the disabled truck from the tracks and resume operations on the rail line within hours of the ...
Post Staff
http://www.phnompenhpost.com/business/railway-operations-resume-after-collision