News

Banking and financial industry figures have called on the government to abolish the 10 percent value added tax on the sector and asked for further discussion. The industry thinks the tax will increase the burden on financial service users. ...

The government has tapped two officials to become new deputy governors in Phnom Penh, including former Pursat Provincial Deputy Governor Keut Che, and Nuon Pharath, a staffer at the Council of Ministers with close ties to the youth organisation led by the premier’s youngest son. ...

Kampong Chhnang provincial authorities on Saturday intercepted and seized a truck loaded with 300 kilograms of live snakes and tortoises, though the wildlife traders managed to escape, a provincial Forestry Administration official said yesterday.​ ...

The central banks of Cambodia and South Korea signed an agreement on Friday to jointly conduct research and analyse the relationship between exchange rates and inflation in the Cambodian economy, according to bank officials. ...

Interior Minister Sar Kheng has vowed an investigation into an alleged arms trafficking operation linked to a Cambodian official, saying information from suspects indicated the guns were smuggled via a “corridor” in Cambodia’s Koh Kong province into Thailand and did not pass through the international ...

The central bank has issued new regulations governing the licensing of payment services providers (PSPs), requiring that all firms providing online services to accept electronic payments have at least $2 million in registered capital, a move expected to increase the stability of the sector and ...

A boy of 11 was seriously injured when a bomb he was playing with exploded on Saturday in Battambang province’s Koas Krala district. Koas Krala district police chief Chhang Vanchhay said yesterday that May Sameth had gone out to take care of a cow in a ...

The Ministry of Foreign Affairs will investigate exorbitant passport fees for migrant workers in Malaysia, the ministry’s spokesman said late last week, following an investigation by The Post that found Cambodians in the country were forced to pay up to $800 for renewals. ...

Cambodia-based integrated food-distribution company Hun Ty plans to open its own retail fresh-food market next month and will increase its cold storage and food-distribution business by opening two additional locations in the Kingdom, a company executive said yesterday. ...

A group of about 1,000 families living in Siem Reap province’s Phnom Kulen National Park will be relocated to prevent them from continuing an environmentally detrimental trend of clearing land, building homes, selling and repeating, the environment minister said on Thursday. ...

A 350-kg M117 aircraft bomb believed to have been dropped during the US’s carpet bombing of Cambodia was uncovered in Takeo province’s Tram Kak district yesterday by local residents, an official said.   ...

A number of Japanese companies have their eyes on Cambodia’s energy and gas sector, an opportunity welcomed by the government which has asked for studies to be carried out before any investment can be made. ...

More than a month after confirming its investigation into new reports of rampant timber trafficking between Cambodia and Vietnam, the Environment Ministry remains tight-lipped about what—if any—progress it is making, but says the U.K. NGO that exposed the scale of the problem is itself being ...

Although growth in Cambodia’s consumer price index (CPI) went up by 4.3 percent year-on-year in March, according to latest figures from the National Institute of Statistics, an expert maintains that the increase in cost of living will have minimal effect on the lives of Cambodians. ...

Access to credit would increase dramatically if Cambodian borrowers could put up movable assets as collateral, but lenders say much more needs to be done to remove the risks associated with these assets, including the establishment of a legal framework that would restrict changes in ...

According to the figures, Vietnam imported 21,670 cubic metres of sawn wood valued at $13.7 million in April, a 27 percent drop compared to February and an almost 50 percent decrease compared to March. ...

Twenty-four inmates in Kampong Speu’s provincial prison – where five prisoners escaped earlier this week – are reportedly experiencing a combination of respiratory difficulties, coughing, skin rashes and swollen legs.   ...

Sixteen families in Kandal have accused a purported Interior Ministry official of sending soldiers to intimidate them to take their land, though the official denied the claims and said no such dispute existed at all. ...

Transparency International (TI) Cambodia yesterday said that the ruling Cambodian People’s Party appeard to have won 49.4 percent of the nationwide popular vote on June 4 based on the stations it monitored, nearly six percentage points ahead of the CNRP’s 43.2 percent. ...

Stringent capital controls imposed by China’s central bank last November that scrutinise the outbound flow of money from the mainland have created uncertainty for Chinese investors looking at the Cambodian market and could jeopardise future and existing projects. ...

Villagers living near the Lower Sesan ll Hydropower Dam in Stung Treng province have been warned to expect flooding in their villages soon as the operators of the dam close its doors for technical tests. ...

Growing demand for animal feed is driving up both the demand and price of corn, with smallholder farmers claiming the field crop offers a more stable market than cassava.Corn is grown on more than 140,000 hectares in Cambodia and can be harvested twice a year, ...

The opposition once again will ask the government to make upcoming voter registration more accessible to an estimated 1 million migrant workers by increasing the number of registration centers near the Thai border. ...

Out of 64 complaints filed with the National Election Committee (NEC) over the June 4 commune elections, only two remain outstanding, the election body said yesterday. ...