Wednesday, November 21, 2018
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Kay Kimsong

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Border Trade Means Gov’t Must Buy Rice

Despite a surplus last year, the government will be forced to buy 40,000 tons of rice this year to feed poor Cambodians and ease...

Kompong Cham Rider Wins Motocross Race

Sok Ly from Kompong Cham province won first prize in the Mild Seven Cambodia Motor­cycle Grand Prix 1998 on Sunday by beating last year’s...

Corruption Blamed for Strikes

Ted Ngoy, chairman of the Free Development Republican Par­ty, indirectly blamed garment strikes in Cam­bodia on corrupt government officials Thursday.  “Some government officials are demanding...

Riel Printing Not to Blame For Decline, Gov’t Insists

Government officials this week dismissed speculation that the printing of extra riel is fueling the currency’s depreciation.  However, one National Bank of Cambodia official said...

Smugglers Bypass Gas Tax Via Pailin, Officials Claim

Smugglers are taking advantage of Pailin’s unique tax-free status by transporting oil and gasoline destined for the capital without paying import taxes, customs officials...

Bank Governor Vows to Keep Riel Stable

The head of Cambodia’s central bank pledged Tuesday to keep the riel stable at about 4,000 to the US dollar by auctioning dollars every...

Border Pass For B’bang

Thai and Cambodian authorities have agreed to open a border crossing in Battambang province next month, provincial officials said Sunday.  The agreement for the crossing...

Chemical Adds Flavor to Campaign Season

Three letters are adding flavor to the 1998 elections. No, they’re not CPP, KNP or the KSP. They’re MSG, or monosodium glutamate, the chemical...

Government Scrambles to Keep Riel from Crashing

Cambodia’s central bank and key ministers are scrambling to figure out ways to stabilize the country’s currency in the run-up to the scheduled July...

Pharmacy Sting Put on Hold

The Ministry of Health has put off a crackdown on about 600 un­licensed pharmacies in Phnom Penh until a new government is el­ected, health...

‘Registration’ Strike Halted

More than 100 workers at a South Korean garment factory with a history of labor problems staged a one-day strike Monday, claiming they had...

Food Prices 20% Higher As Riel Dips

As Cambodia’s riel continues its gradual downhill slide against the dollar, prices for foodstuffs have increased by an average of 20 percent in recent...

Official Solicits Anti-Drug Aid

A top anti-drug official has called for international assistance in combating the narcotics trade and money laundering in Cam­bodia, saying the country is be­coming...

Chamber Boss Seeks Larger Membership

Phnom Penh Chamber of Com­merce Chairman Teng Bunma on Monday called for the expansion of the chamber’s board from 24 to 36 members in...

Liechtenstein Lottery in Phnom Penh? You Bet

he newest lottery game in town involves two things not in the vocabulary of many Cambo­dians: Liechtenstein and the Internet. A high-tech lottery operation...

Spate of Kidnappings Has Most-Powerful Wary

When well-protected business tycoons Teng Bunma and Mong Reththy are afraid of the current social climate, you know you’ve got some problems. But fear...

Koh Kong, Thailand Ink Energy Deal

Koh Kong province has agreed to buy $5.2 million worth of electricity from Thailand, the first-ever deal of its kind between Cambo­dia and its...

Water Scarce in Provinces As a Long Dry Season Drags On

kompong trabek village, Kom­pong Trach district, Kam­pot pro­vince - Every morning at 5:30, Kim Vibol climbs out of bed and onto his bicycle to...

Gov’t Revenues Fall Short

The government has failed to meet its revenue target for the first three months of 1998, a Fi­nance Ministry official said Thurs­day. Chhay Than,...

Bank Brainstorming as Riel Plummets to 4-Month Low

National Bank of Cambodia Governor Chea Chanto held a brain­storming session Wednes­day to discuss ways of stabilizing the riel as the local currency slid...