News
Moody’s warns of ‘credit negative’ if EBA is lost
Moody’s Investors Services has warned that Cambodia’s potential loss of its Everything But Arms (EBA) preferential trade access to the EU would weaken its economic growth and lead to a credit negative, a report released on Saturday says. It notes that while Cambodia maintained its ...
Sorn Sarath and Cheng Sokhorng
https://www.phnompenhpost.com/business/moodys-warns-credit-negative-if-eba-lost
PPSC sells 14m shares in private placement
Phnom Penh Special Economic Zone (PPSP) recently issued more than 14 million shares, bringing its total number of shares to nearly 71.9 million, according to an announcement made by the company during a press conference Friday. ...
Chea Vannak
https://www.khmertimeskh.com/50543396/ppsc-sells-14m-shares-in-private-placement/
Land activists summoned by court
Phnom Penh Municipal Court has issued summons for three Borei Keila and Boeng Kak land activists following a complaint filed by the owner of the Phanimex company, who accused them of extortion and property damage. The activists were identified by the court as Im Srey ...
Pech Sotheary
https://www.khmertimeskh.com/50543369/land-activists-summoned-by-court/
Environment Ministry advises people to stop using used electronics
The remarks were made during a conference on Improving Energy Efficiently in Cambodia: A Crucial Step Towards Sustainable Growth, which was hosted by the National Council of Sustainable Development, the Swedish government and the Cambodia Climate Change Alliance (CCCA). ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/environment-ministry-advises-people-stop-using-used-electronics
Chainsaws, tents found at Prey Lang sanctuary
The Prey Lang Community Network (PLCN) representative in Kampong Thom province, Sok Plok told The Post that his team had found and seized a number of chainsaws and tents left behind by loggers in the forest. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/chainsaws-tents-found-prey-lang-sanctuary
Ratanakkiri gov’t to ban land sale in protected areas
While the Ratanakkiri provincial administration will not recognise illegal land transactions in the province’s protected areas, an NGO says its action is not effective and forest crimes continue unabated. The administration’s letter dated October 19 and obtained by The Post on Monday came after Minister ...
Mech Dara
https://www.phnompenhpost.com/national/ratanakkiri-govt-ban-land-sale-protected-areas
Kratie rice wine operations halted amid poisoning
Rice wine operations in Kratie province have been shut down indefinitely with immediate effect after a toxic batch recently killed several people and hospitalised others. Kratie provincial industry and handicraft department head Ny Chhun said the objective of the move is to reduce the harm ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/kratie-rice-wine-operations-halted-amid-poisoning
Russia converts debt to investment
Russia has agreed to recategorise Cambodia’s outstanding $1.5 billion debt as an investment, pledging to provide more aid to the Kingdom next year. Prime Minister Hun Sen met with Russian Prime Minister Dmitry Medvedev in Brussels on Thursday. Mr Hun Sen had asked Russia to ...
Khy Sovuthy
https://www.khmertimeskh.com/50542729/russia-converts-debt-to-investment/
Kratie to have two more wildlife sanctuaries
The government is creating two more wildlife sanctuaries, totalling more than 60,000 hectares, in Kratie province to further preserve natural resources, mitigate climate change and reduce the risk of natural disasters. ...
Pech Sotheary
https://www.khmertimeskh.com/50542728/kratie-to-have-two-more-wildlife-sanctuaries/
Four jailed for illegal logging
Four suspects were jailed Thursday for illegally harvesting luxury timber from a protected forest in Mondulkiri province’s Koh Nhek district, a court official said yesterday. Morm Vanda, a provincial court spokesman, yesterday said the four were jailed after being suspected of illegal logging in a ...
Pav Suy
https://www.khmertimeskh.com/50542461/four-jailed-for-illegal-logging/
Interior ministry official charged over land grab
Phnom Penh Municipal Court on Saturday charged a government official who allegedly tried to grab state land by fraudulently using Interior Minister Sar Kheng’s wife’s name to threaten a commune chief in Preah Sihanouk province. ...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50542474/interior-ministry-official-charged-over-land-grab-2/
PM says no more negotiations
Prime Minister Hun Sen renewed his vow over the weekend not to negotiate with former opposition leader Sam Rainsy. Hun Sen reiterated that he would hold direct talks with the international community over political issues in the Kingdom. ...
Niem Chheng
https://www.phnompenhpost.com/national/pm-says-no-more-negotiations
Unruffled by EBA withdrawal, PM seeks ‘low interest’ loans
After meeting with the European Commission, Prime Minister Hun Sen said he had expected that Cambodia would one day lose its access to the bloc’s “Everything But Arms” (EBA) preferential trade agreement and had “already requested low interest” loans from China, Japan, South Korea and ...
Niem Chheng
https://www.phnompenhpost.com/national/unruffled-eba-withdrawal-pm-seeks-low-interest-loans
‘Toxic’ rice wine kills five in Kratie
As of Sunday, the death toll from toxic rice wine consumption in Kratie province had increased to five. Forty others remain hospitalised, the provincial health department said. Department director Chhneang Sovutha said the sale of rice wine had been banned in the province’s Sambo district ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/toxic-rice-wine-kills-five-kratie
Phnom Penh SEZ gets $10M in investment
Two regional companies have invested nearly $10 million to acquire 14 million shares in the Phnom Penh Special Economic Zone Plc (PPSEZ) – one of five companies listed on the Cambodia Securities Exchange (CSX) – in what is considered the first ever private offering by ...
Kun Kourchettan
https://www.phnompenhpost.com/business/phnom-penh-sez-gets-10m-investment
Rubber exports surge by 22%
Cambodian rubber exports surged 22 per cent during the first nine months of the year, compared to the same period last year, figures from the Ministry of Agriculture said. Local producers exported 140,303 tonnes of rubber during the period – an increase of 25,240 tonnes ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/rubber-exports-surge-22
Sand dredging in Kampong Cham to resume after forum held
Public forum was held on Thursday at the request of Minister of Education, Youth and Sport Hang Chuon Naron to address the ongoing sand dredging operation along the Mekong river.Earlier on August 22, Naron called on Prime Minister Hun Sen to provide a solution to ...
Voun Dara
https://www.phnompenhpost.com/national/sand-dredging-kampong-cham-resume-after-forum-held
Ministry to probe child labour
The Ministry of Labour says it will investigate the claims of a Royal Holloway, University of London research team’s report alleging modern slavery in Cambodia’s brick kilns, said Minister of Labour Ith Sam Heng. The report entitled Blood Bricks: Untold Stories of Modern Slavery and ...
Mech Dara
https://www.phnompenhpost.com/national/ministry-probe-child-labour
Land Minister addresses corruption
Land Management Minister Chea Sophara on Thursday instructed cadastral officials throughout the country to ensure accurate measurements and avoid corruption when demarcating people’s land. The instruction came after the ministry obtained sophisticated equipment using Global Navigation Satellite System (GNSS) technology. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/land-minister-addresses-corruption
Efforts to save fish highlighted
National and international environmental experts concluded discussions on migratory fish management and preservation in Cambodia on Wednesday through a workshop facilitated by the US Agency of International Development (USAID) in Phnom Penh. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/efforts-save-fish-highlighted
‘Kingdom ready if EBA withdrawn’: Ministry
A senior Labour Ministry official said a withdrawal of the preferential Everything But Arms (EBA) trade agreement with the EU would not hurt the Kingdom’s economy. Ministry spokesman Heng Suor said the government had prepared plans in the event of an EBA withdrawal. However, he ...
Kong Meta
https://www.phnompenhpost.com/national/kingdom-ready-if-eba-withdrawn-ministry
EU officials: Ending EBA an 18-month procedure
EU officials have confirmed that it will take a total of 18 months to complete the procedure if Cambodia’s preferential Everything But Arms (EBA) trade agreement is to be withdrawn. According to EU Agriculture and Rural Development spokesman Daniel Rosario, the formal process has not ...
Niem Chheng
https://www.phnompenhpost.com/national/eu-officials-ending-eba-18-month-procedure
PM orders restoration of S’ville beach
Prime Minister Hun Sen has ordered Minister of Land Management Chea Sophara to personally inspect claims of landfilling at Praek Treng beach. He also ordered a private company to dredge the beach and restore it to its previous condition. The order, issued on September 18, ...
Voun Dara
https://www.phnompenhpost.com/national/pm-orders-restoration-sville-beach
Forest activists decry illegal logging
Prey Lang forest activists in Kampong Thom province on Wednesday claimed that illegal logging is continuing unabated, no thanks to local authorities and powerful individuals whom they allege are aiding the perpetrators. While acknowledging that forest clearing still exists in the area, forestry officials claimed the ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/forest-activists-decry-illegal-logging