News

Despite the presence of a blanket ban by the Cambodian government on all trade in Siamese rosewood since 2013, exports of the precious timber to Vietnam increased in the third quarter of this year, according to Vietnamese customs data compiled by US-based NGO Forest Trends. ...

The central banks of Cambodia and China are in talks to share customers’ credit reports in an effort to boost bilateral private investment, as a response to rising trade between the two countries. The National Bank of Cambodia (NBC) director general Chea Serey told Khmer Times ...

The Ministry of Water Resources and Meteorology said that some areas in the Kingdom would be hit by a storm next week, especially the coastal provinces. Water Resources Minister Lim Kean Hor said that a high pressure system would have a weak influence on Cambodia and ...

In an effort to assist the contentious demarcation of the Cambodia-Vietnam border, the leaders of the two countries have agreed to seek French assistance, as Prime Minister Hun Sen again repeated calls for Vietnam to halt construction in border areas. Mr. Hun Sen and his Vietnamese ...

Record stockpiles of food will keep worldwide prices low for 2017 and much could depend on China’s huge stocks of many commodities, Dutch food and agri financing bank Rabobank predicted yesterday, painting a dour picture for Cambodia’s food exporters struggling against low prices. ...

A $1.5 billion new satellite city called the Cambodia-China Friendship City is to be built in the capital’s northern suburbs next year adjoining the Ly Yong Phat Satellite City. According to local media reports, the construction of the friendship city would be undertaken jointly by the ...

At a conference on the topic of the environment yesterday, civil society groups repeatedly raised the risk of natural disasters and hazards that Cambodia will face if the effects of climate change are not adequately addressed. The one-day conference in Phnom Penh sought to find solutions ...

After returning to parliament and ending a six-month boycott, members of the opposition asked the government to cooperate with Vietnam to close border crossings to stop the illegal export of luxury rosewood and other timber to stop deforestation which leads to climate change. ...

A local subsidiary of a South Korean confectionary giant is investing $40 million to develop what it claims will be the world’s largest pepper plantation on a sprawling 1,000-hectare estate in eastern Cambodia, a company executive said yesterday. ...

The Central Bank announced on Monday that it exchanged 3.76 billion of old and worn Khmer riel banknotes (equivalent to $930,091) to new notes during its “Loving Riel Notes”, campaign which lasted five days during the Pchum Ben holiday. ...

Members of the ruling Cambodian People’s Party voted in the National Assembly yesterday to back a 2017 national budget that outlines spending of $5 billion, but opposition Cambodia National Rescue Party (CNRP) members refused to give it their support. ...

The National Bank of Cambodia (NBC) yesterday held its second Liquidity-Providing Collateralised Operation (LPCO), making 40 billion riel ($9.89 million) available to financial institutions in an auction in which repurchase agreements, or repos, were signed for 8.4 billion riel ($2.07 million). ...

The government has established the National Committee for Health and Work Safety, to comprise in part officials from relevant ministries to review, give counsel and spread information related to health and work safety. According to a sub-decree dated Monday and signed by Prime Minister Hun Sen, ...

A partnership with General Electric (GE), the Boston-based American multinational conglomerate, will be the best way forward for Cambodia to meet its 2035 goal of reducing carbon dioxide emissions by three million tons annually and electrifying 100 percent of rural areas, representatives from the company ...

Members of the Environment and Natural Resources Student Network, which is made up of students from six universities, found a factory processing an indigenous vine believed to be used in the production of narcotics in Koh Kong province last week.​ ...

Several civil society groups yesterday issued a joint statement urging members of parliament to review the national budget which is set to allocate close to 35 percent of national spending solely to the Defense Ministry and a contingency reserve. ...

Vietnamese customs data showing that Cambodia exported at least $121 million of woodthis year are currently being investigated by government officials, according to Environment Ministry Undersecretary of State Eang Sophalleth. ...

News that Laos will move ahead with the proposed 912-megawatt Pak Beng dam, which would be the third mainstream dam in Laos’ Lower Mekong River, has sparked criticism from environmental groups who say downstream countries should decide the fate of potentially harmful development projects. ...

Civil society members and Ministry of Mines and Energy officials came together recently to discuss discrepancies in the export figures of sand from Cambodia to Singapore, after 47 NGOs wrote an open letter early this month to the ministry seeking an explanation. The letter from civil ...

Fertiliser manufacturer Nangoku Agriculture Development, a Japanese-Cambodian joint venture, launched operations yesterday with the aim of supplying locally manufactured fertilisers to Cambodian farmers at affordable prices.​ ...

A Chinese steel company is in talks with Sihanoukville Special Economic Zone (SSEZ) to set up an industrial facility in the zone, a marketing executive said on Saturday. ...

About 120 students at a Christian school in Oddar Meanchey’s Trapaing Prasat district came down with food poisoning after consuming a dessert served by the school on Wednesday, though officials confirmed that all were “recovering well”.​ ...

The Appeal Court yesterday dismissed a bail request for Tep Vanny, the prominent Boeung Kak land activist charged with intentional violence related to a protest outside Prime Minister Hun Sen’s house in 2013, a case reactivated after she was arrested during a Black Monday protest ...

It has been nearly a year since the government signed a memorandum of understanding with South Korea that aimed to put Cambodian mangoes on the shelves of supermarkets in Seoul, yet local producers say there is little sign of any movement. ...