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A worker collects coagulated latex at a rubber plantation in Kampong Cham’s Memot district in 2014.

Rubber exports jump as smugglers siphon off profits

Publication date 18 January 2018 | 18:59 | ICT

The total amount of rubber exported by Cambodia surged 30 percent last year, but widespread rubber smuggling on the Vietnamese border crippled potential profits from the booming industry.

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  • A CPP billboard in front a microfinance office in Kandal province’s Takhmao town in June 2017.

    Delinquent loan rate continues to rise

    Publication date 09 January 2018 | 07:33 | ICT

    The rate of microfinance loans with overdue payments nearly doubled last year according to the National Bank of Cambodia (NBC), though it remained within a normal range and was coupled with a rise in deposits.

  • Kingdom’s banks see rising foreign influx

    Publication date 09 January 2018 | 08:05 | ICT

    Cambodia’s banking sector saw an almost 32 percent increase in foreign capital inflow in 2017, a result of new foreign banks and stricter capital requirements set by the National Bank of Cambodia, according to the central bank’s ann

  • Te Taingpor, president of the Federation of Association for Small and Medium Enterprises of Cambodia (Fasmec) at his office in Phnom Penh.

    Business Insider: Rosy outlook for Cambodia’s SMEs

    Publication date 08 January 2018 | 07:49 | ICT

    Te Taingpor, the president of the Federation of Association for Small and Medium Enterprises of Cambodia (Fasmec), sits down with The Post’s Cheng Sokhorng to discuss recent positive developments and re

  • A tourist gets a massage at a beach in Sihanoukville in 2017.

    Evictions sweep away Sihanoukville beach businesses

    Publication date 08 January 2018 | 07:02 | ICT

    The New Year brought a new wave of evictions and development to more than 5 square kilometres on Preah Sihanouk province’s Ochheuteal Beach, though local authorities remain in the dark about what company is behind the development.

  • Labour Minister Ith Sam Heng speaks at a National Social Security Fund meeting in Phnom Penh in February. Photo supplied

    Employers required to pay more into NSSF for workers

    Publication date 09 January 2018 | 07:12 | ICT

    A government policy that went into effect at the start of the year requires employers to pay more into their employees’ government-managed social security funds, a move that could have wide-ranging effects on the country’s nascent p

  • Workers stand in front of a coal-fired power plant in Preah Sihanouk province during its launch in 2014.

    Kingdom more energy independent

    Publication date 05 January 2018 | 09:23 | ICT

    The introduction of two new power plants in the country last year saw Cambodia inch towards self-sufficiency in its electricity supply even as energy consumption grew 14 percent, the Mines and Energy Ministry said yesterday.

  • A woman arranges Cambodian riel at an exchange shop in Phnom Penh.

    NBC sees increased confidence in riel after dollar buys in 2017

    Publication date 05 January 2018 | 07:15 | ICT

    The central bank injected $915 million worth of riel into the economy last year by buying up US dollars with the local currency, stabilising the exchange rate amid higher demand for riel, according to the bank’s latest report.

  • The Ministry of Commerce in Phnom Penh in 2016.

    NCAC seeking aid to continue operations

    Publication date 04 January 2018 | 07:54 | ICT

    The National Commercial Arbitration Centre (NCAC) is seeking further support from the Commerce Ministry to continue operating, saying that fees collected from dispute claims are too small to cover the centre’s costs.

  • NBC takes licences from 11 lenders

    Publication date 04 January 2018 | 09:19 | ICT

    Cambodia’s central bank yesterday announced a decision to revoke the operating licences of 11 rural credit operators for failing the abide by regulations.

  • Philippine fruit exporter building a new factory

    Publication date 04 January 2018 | 09:19 | ICT

    Phillipines-based dried fruit exporter Profood International has begun construction of a new factory in Cambodia that, when completed, should see 4,000 tonnes of mangoes dried annually, according to Philippine news outlet Sun Star.