Taiwan’s E. Sun Commercial Bank has purchased a 70 per cent stake in Cambodia’s Union Commercial Bank. The deal, planned for months but announced yesterday at a press conference at the Sofitel hotel in Phnom Penh, will bring technology upgrades and more loan capital to the ...

Dr. Noeleen Heyzer, Under-Secretary-General of the United Nations and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP) , will make her first official visit to Cambodia from Aug. 21-24 to further enhance ties between the UN and Cambodia. The visit ...

Rights group Adhoc will take a complaint filed against a commune police officer accused of colluding with illegal loggers in Ratanakkiri’s Lumphat district to the provincial court today. The complaint, which villagers in Lbaing II commune filed with Adhoc on Friday, alleges that commune police officer ...

A commune police officer has been summonsed to appear at Ratanakkiri’s provincial court on Friday after 10 villagers filed lawsuits against him in September for his alleged involvement in illegal logging in a community forest and for threatening them with a rifle, villagers and the ...

A group of 12 ethnic minority villagers in Ratanakkiri province have filed a complaint with the provincial court over what they claim is collusion between other villagers and local authorities to illegally log luxury timber from 193 hectares of land inside a community forest. The Prov ...

The number of Ratanakkiri residents trapped in their homes by floodwater that continues to rise amid relentless rain is now estimated by provincial authorities to be at least 4,000. Heavy rain has put five Lumphat district communes – Lbaing I, Chey Uddom, Batang, Seda and Kaleng ...

Flash floods left hundreds of families trapped in their villages, destroyed properties and killed livestock in Ratanakkiri province’s Lumphat district Tuesday, officials said. Heavy rain had softened the walls of a canal, which gave way to the pressure, according to Khlem Sovann, chief of Lbaing I ...

Global credit rating agency Moody’s Investors Services said yesterday that while it has retained Cambodia’s B2/stable sovereign rating alongside Vietnam’s B1/positive rating, the Kingdom’s low diversification of exports has put it at higher risk from external shocks than its eastern neighbour. ...

Global credit rating agency Moody’s Investors Services has maintained Cambodia’s B2/stable sovereign rating, stating in its latest credit opinion on the Cambodian government that the rating was underpinned by the Kingdom’s credit strengths, specifically its healthy growth prospects and a stable external payments position. ...

Population depends on agriculture 2014 :  73%(Source: The World Bank)Total rice production 2009 – 2012:  7.58 – 9.29 million tons(Source: NSDP, 2014-2081)Total fish catchment 2013:  718,000 tonnes* 73% fresh water* 14% the sea(Source: The Phnom Penh Post, 2014)   Rice farmers working in the field, Kandal province, ...

Cambodia has retained its B credit rating despite ratings company Standard & Poor’s citing the country’s ongoing political standoff as a “major” constraint. S&P affirmed Cambodia’s B/B credit rating last week, labeling the country as having a strong and stable long-term and short-term outlook. Engagement of international ...