The Phnom Penh Post
Timber exports to Vietnam way up
Legal timber exports to Vietnam – the bulk of them rosewood – soared between 2013 and 2015, with the volume of logs exported increasing by a factor of 142 and seven times as much sawn wood passing across the border, according to a report by ...
Dam firm hasn’t made good on pledge: locals
Some 100 people from five villages in Oddar Meanchey’s Chongkal district, Cambodia protested over the weekend against a hydropower dam project built by Chinese firm Sinohydro, claiming they have yet to be compensated for their eventual displacement when the flood gates close in the next ...
Posing for ‘poverty porn’: The murky ethics of NGO fundraising ‘hero shots’
The young girl in Sunrise Cambodia’s recent fundraising campaign has been labelled a “sex worker” in glossy typeface. Her face is smeared with dirt. She is accompanied by a “trafficked kid” and a “homeless teen” on the page. “Just because it raises money, it doesn’t ...
Details of Kingdom’s first double taxation agreement released
In what could be Cambodia’s biggest step forward into the ASEAN Economic Community in terms of taxation deals and fiscal transparency, details on Cambodia’s first bilateral double taxation agreement (DTA) with Singapore have been released. Mey Vann, director of financial industry at the Ministry of Economy ...
Drought relief campaign over: PM
The government’s emergency campaign to distribute water to some 2.5 million people affected by drought is over, Cambodia’s Prime Minister Hun Sen declared on 25 May, though for development partners and humanitarian groups, drought relief efforts continue. Humanitarian and disaster reduction manager for Save the Children ...
New firm seeks to enter gold trading
Golden FX Link (Cambodia) has joined in the running to become a legally licensed firm to trade derivatives. With a registered capital of $5 million, Lawrence Kook, Director of Golden FX Link, said that the company received a license in principle from the Securities and ...
Sand dredging licences secretly soaring
Despite the government’s vow to be more transparent with regulations and the issuing of sand-dredging licences, Cambodia’s Ministry of Mines and Energy has granted nearly 70 new such licences without holding public auctions or requiring companies to disclose environmental impact assessments results to the public, according ...
Ministry findings hint at illegal gold mining in Ratanakkiri
An investigating team from the Ministry of Mines and Energy has concluded that evidence at Chhay Ching Heang Group’s operations in Cambodia’s Ratanakkiri province seemingly points to illegal gold mining, though lab results from minerals extracted by the company are still pending, according to a ...
Sihanoukville is top choice for Russia flight plan
Regularly scheduled direct flights between Cambodia and Russia proposed by Prime Minister Hun Sen last week in Moscow might land in the coastal town of Sihanoukville, an official said on 23 May. “In the meeting, the Russian prime minister pushed for a direct flight from Russia ...
Nutrition shortfalls harming Kingdom's economy, report finds
Malnutrition costs the Cambodian economy an estimated $266 million each year, according to a new report, which urged the government to invest more in tackling the problem. Suboptimal breastfeeding and malnutrition in mothers were also factors, accounting for $36.9 million, which Wieringa said pointed to an ...
