News

A total of 60,000 cubic meters of illegally-felled luxury timber confiscated by the National Anti-Deforestation Committee (NADC) sold at auction yesterday for $15 million, $3 million above the reserve price. Soung Meng Kea, chairman of the subcommittee running the auction and undersecretary of state at the ...

About 20 environmental activists called on the government to stop all new dam projects on the Mekong River to protect fish stocks and communities slated to be affected by construction. The appeal was made by the group as they gathered in front of the parliament building ...

Pen Sovann, Cambodia’s first prime minister after the Vietnamese invasion in January 1979 that swept the Khmer Rouge from power and a serving opposition member of parliament, passed away at his home in Takeo province’s Duan Keo town on Saturday evening aged 80. ...

The country’s Small and Medium Enterprises (SMEs) have been urged to register with the Ministry of Industry by early next year, in order that government policy intended to aid competitiveness can be more effective. ...

The property sector in Preah Sihanouk province seems to be booming, thanks to new project developments, the growth in tourism and a twinning program between the province and Zhencheng district in China’s Guangdong province. ...

Two garment and textile factories in Preah Sihanouk province have signaled their insolvency, and called on creditors to file for compensation with their administrators before Monday. ...

Ten students will have the opportunity to further their studies for free thanks to Smart Axiata’s SmartEdu Scholarship Program, which not only covers their entire tertiary education tuition, but has also awarded them a monthly stipend amounting to $15,000 for the duration of their degree. ...

Kampong Cham may no longer be the quiet city it is today if its purported economic potential continues to be realised. Local developers have already taken a keen interest in the town with the development of the first borey underway. ...

Residents of Phnom Penh’s iconic White Building were presented with two options yesterday: take a $70,000 payout for their apartment or live in Phnom Penh’s Teuk Thla commune for three years while the structure is renovated. The 50 people representing the 554 families living in the ...

The large-scale rubber plantations that arrived in force in Cambodia a decade ago as global rubber prices moved to historic peaks are facing sober prospects as trees they planted before the commodity’s prices headed south begin to reach maturity. ...

United States Assistant Secretary of State Daniel Russel yesterday said Cambodia’s political stalemate was a matter of concern, but nonetheless expressed hope the coming elections would be free and fair. ...

Ticon Industrial Connection Plc, a Thai-based factory and warehouse developer, is expanding its operations into fast-growing Southeast Asian economies, including Cambodia, to help offset sluggish growth at home. ...

At least 17,571 hectares of rice fields were affected by the recent floods – of which about 3,186 hectares were severely damaged, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF) yesterday, which urged all provincial agriculture departments to immediately evaluate the affects from ...

As part of ongoing education reforms, a new curriculum set to be implemented in 2018 will address the lack of career counselling in high schools across Cambodia, a Ministry of Education official told attendees of an education forum yesterday. ...

While big-scale land selling seems to be grinding to a halt, plotted land sales are understood to be picking up speed, spreading from Phnom Penh to many other provinces. ...

The Ministry of Transport has started checking trucks traveling along National Road 6 to ensure they conform to legal size and modification requirements, it announced this week. According to a post on the ministry’s Facebook page, mobile inspection teams were deployed in Kampong Cham province to ...

Nearly 500 pieces of illegal first-grade timber were seized in a series of busts conducted by police across three different provinces this week. ...

The Ministry of Labor said yesterday that it was working with experts and International Labor Organization (ILO) officials to create a draft law laying out the monthly minimum wage for workers in a variety of fields outside the garment and textile industry, which late last ...

Cambodia continued to improve its business environment over the past year, according to the World Bank’s “Doing Business 2017” report that measures the regulations that enhance business activity and those that constrain it in 190 countries. The World Bank made this assessment despite the Kingdom’s ...

Business leaders from the Lower Mekong region are urging their respective governments to use local currencies for trading in border regions instead of the US dollar, arguing that this would facilitate business transactions and reduce exchange costs, a Thai newspaper reported yesterday. ...

Vietnam agreed yesterday to waive all duties on a total of 300,000 tons of rice and 3,000 tons of dried tobacco exported annually from Cambodia to the country, according to a bilateral agreement signed at two back-to-back summits to promote economic cooperation in the Greater ...

In an effort to help small and medium-sized rice millers and exporters that are presently unable to provide suitable collateral to qualify for the government’s emergency $27 million rice loan, the National Bank of Cambodia (NBC) has joined with the Cambodia Rice Federation (CRF) to ...

An election watchdog yesterday announced it had uncovered plans to move registration stations closer to military bases in Kampong Speu, Tbong Khmum and Kampong Chhnang provinces.​ ...

More than 500 villagers in Mondulkiri’s Chung Phlas’ mining community thumbprinted a letter sent to Prime Minister Hun Sen, and to the Ministry of Mines and Energy and its provincial counterpart, requesting that those holding a community mining licence be allowed to dig below the ...