The Phnom Penh Post

The Kingdom’s inflation rate fell month-on-month in November for the first time all year, dropping 0.7 per cent from October, according to National Institute of Statistics data. However, year-on-year inflation in November increased 5.7 per cent, the NIS reported. “We see that we got a bigger supply ...

Cambodia’s total exports surged 42 per cent through November to US$4.5 billion from $3.16 billion, official data from the Ministry of Commerce showed, as the Kingdom’s staple products of garments, textiles and agriculture led the move. Rising global demand, new trade agreements with regional neighbours and ...

Cambodia’s total paddy rice output reached 8.4 million tonnes in 2011, up from 8.25 million tonnes last year, according an initial assessment by the Ministry of Agriculture, Forestry and Fisheries. Provincial MAFF officials from across the Kingdom met in Phnom Penh on Saturday, when data was ...

Most Cambodians believe it is the government’s responsibility to respond to climate change, but are unclear about who in government should take the lead, according to a survey discussed by officials at a workshop on climate change yesterday. The survey, Understanding Public Perceptions of Climate Change ...

Golden Fortune Securities, a Cambodian-Chinese joint venture and the Kingdom’s second securities dealer, officially opened its doors yesterday. The company was the most recent of Cambodia’s 13 licensed dealers, brokers and underwriters to launch operations. A date for company listings, or actual Cambodia Securities Exchange operations, was ...

CAMBODIAN telecoms must produce digital content to remain competitive in the country’s crowded sector, experts said yesterday. However, others claimed the consumer market for that content was still too small. A lack of domestically produced TV programs, websites and other digital offerings has Cambodia’s estimated 755,000 internet ...

THE precious stone industry in Pailin province is facing bankruptcy as supplies dwindle and locals turn to agriculture as their main source of revenue, provincial authorities told the Post. Pailin, long known for its rubies, sapphires and other precious stones, now depends on foreign imports to ...

A PROTEST on the fifth storey of a residential high-rise in Borei Keila ended with authorities fleeing the scene and incensed villagers breaking down a door yesterday. About 50 villagers converged on the site to protest against Phan Imex and authorities evicting a man from his ...

TWO activists involved in last month’s Prey Lang forest protest against illegal logging fled their houses yesterday in Sandan district in an attempt to evade local authorities, villagers reported. Roeun Sopheap, village representative in Sandan commune, said he fled his home yesterday after finding several police ...

Cambodia and the Asian Development Bank have signed their latest loan agreement of US$15 million for the development of the Kingdom’s financial sector, according to ADB. The money would be used for a number of development programs, including the improvement of regulatory regimes, creation of an ...

A woman summonsed to Kampong Speu provincial court over a land dispute yesterday returned home without being arrested after about 150 protesting villagers turned out to support her. Rath Thavy, provincial monitor for human rights group Adhoc, speculated that the court decided not to arrest Khem ...

Cambodia’s National Youth Congress called on the government yesterday to act to protect the country’s natural resources from illegal traders. About 100 young people from 30 colleges in Phnom Penh, Kratie and Kampong Thom Chhnang provinces attended a discussion about protecting natural resources – with a ...

Illegal logging of staggering proportions abetted by military personnel is decimating stocks of luxury rosewood in the Central Cardamom Protected Forest, while the conversation group tasked with protecting the area and its government counterparts deny the trade is even happening. In a period of several hours ...

State-owned Telecom Cambodia has signed a business cooperation agreement with Vietnam National Post and Telecommunications Corp in order to bolster TC’s product portfolio and coverage area, company officials said yesterday. Telecom Cambodia offers both fixed-line phone and internet services in the Kingdom. Vietnam National Post and ...

The Cambodian government yesterday offered a subsidy on equipment to private electricity distributors in an effort to expand the Kingdom’s limited power grid. Private power suppliers who have completed between 70 to 80 per cent of their planned investments in electricity networks can request subsidies on ...

A Kampuchea Krom monk was issued a summons yesterday to appear in a Phnom Penh court tomorrow to face accusations of incitement. In a letter obtained by the Post yesterday, the investigating municipal judge, Duch Kimson, ordered Sieng Sovannra, a monk at the Samaki Raingsey pagoda, ...

Union leaders gathered in the capital yesterday to discuss strategies to curb the garment industry’s widespread use of temporary contracts for hiring workers, saying employers were using them to discourage unions and ensure their workforce remained docile and easy to exploit. They also accused employers of ...

Sihanoukville Autonomous Port saw a 10 per cent year-on-year shipment increase in the first 11 months of the year, according to data provided by the Port’s general director. The shipment of cargo across the port during the time period reached 2.2 million tons, a 9.94 per ...

Malaysia-based Air Asia will begin offering travel services in Cambodia, and may expand its flights to neighbouring countries, company officials said. The airline launched its first Air Asia Travel and Service Center in Phnom Penh yesterday. Air Asia will partner with tour operator Mekong Discovery. So Mara, ...

Investment approved between January and October surpassed those last year by  US$160 million, according to a report from the Council for the Development of Cambodia. The 126 local and foreign investment projects through October, worth about $6 billion, overshadowed the $5.8 billion in the whole of ...

Representatives from Cambodia and Thailand yesterday agreed to a 2013 completion date for a railway link from Phnom Penh across the Cambodia-Thailand border crossing at Poipet. Outdated agreements had delayed the project, Thai officials said. Insiders have also said disagreements over cross-border trade have kept the ...

Another 30 Cambodian men among 65 rescued in Indonesia after being trafficked into work on fishing boats in Thailand were repatriated to the Kingdom yesterday, following the return of 30 such workers last week. The remaining five workers are set to be repatriated next month, Chiv ...

Years after their eviction from central Phnom Penh, families continue to trickle back into the city from their relocation sites on the city’s outskirts. They search for cheap rental rooms instead of houses like the ones they were driven out of, in some cases, by ...

Year-end travelers have fully booked Sihanoukville province’s hotels and guesthouses for the first-ever Sea Festival, which is expected to attract thousands of visitors this year, tourism officials said. Tith Chantha, general director at the Ministry of Tourism, confirmed that all hotel and guesthouse rooms were booked ...