Raw sewage spewed onto Street 105 from the antiquated discharge canal running parallel to it yesterday as heavy rains continued to create headaches in the capital. The putrid water lipped homes and local business on the street in Chamkarmon’s Boeung Trabek commune, alarming residents. Togo Uchida, ...

nternational Monetary Fund (IMF) managing director Christine Lagarde will visit Cambodia next week as part of an Asia tour that will also include stops in South Korea and Burma, according to an IMF spokesman. Ms. Lagarde will meet with Cambodian government officials, university students, investors and ...

Prime Minister Hun Sen is scheduled to pay a three-day visit to Vietnam later this week, a move criticized by opposition officials who say the premier should stay in Cambodia to deal with the country’s ongoing political deadlock. “What is necessary at this time is to ...

A man suspected of robbing and shooting two foreign nationals late last month was shot four times on Monday night during a shootout with police before being taken into custody. Police also apprehended a second, uninjured suspect after the shootout. Chea Sovann, 32, and Sa Ravan, ...

As property prices in Phnom Penh and Siem Reap continue to push upwards, many investors are quickly being priced out of these first-tier markets. Looking at second-tier cities around the Kingdom, Sihanoukville in particular stands out as an investment destination worth serious consideration. Named after the ...

A group of 13 Vietnamese nationals were apprehended by Cambodian fishermen on Sunday night while illegally fishing off the coast of Kampot province and are being held for repatriation, according to a village representative and the provincial governor. Neak Sen, a representative of a fishing community ...

The Koh Kong Provincial Court has temporarily suspended the business of two-star major general Tun Dieth and ordered him to dig out the soil with which he had filled in a canal in Khemarak Phoumin city’s Smach Meanchey commune after he was accused of land ...

The National Bank of Cambodia (NBC) has scheduled four foreign exchange auctions this September to infuse a total of $50 million into the market. The move comes at a critical time, with experts viewing it as a significant step towards stabilising the Cambodian riel against ...

If you were given all the money in the world to invest in a stock from the stock exchanges of Laos and Cambodia, which stock would you choose? You might not actually get a lot of choices – both exchanges are stagnant two years after ...

The auditor who submitted a report used to convict a husband and wife of embezzling tens of millions of dollars from a company owned by the wife of a tycoon senator admitted yesterday that the quality of his audit was “poor”. The report was used ...

The International Labour Organisation (ILO) released the latest data from its EU-funded project Monitoring and Assessing Progress of Decent Work this week, showing that despite an improving environment, including low rates of official unemployment , 75 per cent of workers are in vulnerable jobs. This includes the self-employed or ‘own ...

A national energy efficiency policy is currently in development, officials told the Post last week. Experts at the Ministry of Industry, Mines, and Energy (MIME) and the multi-donor fund EU Energy Initiative Partnership Dialogue Facility (EUEI PDF) are in discussions about details of the policy, ...

I visited the Cambodian Stock Exchange (CSX) last September in the heart of Phnom Penh. It had officially “opened” a few months prior but no companies were listed yet. The trading room was filled with new desks and computer monitors, waiting for someone to power ...

With the number of tourists visiting the country increasing rapidly, hotels are coming under strain due to lack of skilled chefs and waiters in the industry, according to hotel managers. In the first six months of 2012, international visitors reached 1.75 million, a 26.8 percent ...

A year from now, 23-year-old Sum Tiara will graduate from the Royal University of Law and Economics with a degree in law. At the moment, however, she needs to earn a living and pay for her studies by working in bars and restaurants in Phnom Penh. ...

The Cambodian governemnt is lobbying the tourism sector to focus more on using local foods, which it says could generate millions of dollars in revenue a year. But hotels and restaurants say quality standards and supplies of local products are often not adequate and businesses ...

The effects of the global financial crisis in 2008 and 2009 on the Cambodian economy showed how perilous having a narrow economic base can be. Since the Kingdom’s economy is dependent on a few “pillars”-garments, construction, tourism and agriculture-downturns in any of those sectors can ...

Despite growing exports, freight companies say profits are being hit because most firms still use old, inefficient trucks and are often forced to pay custom officials informal fees at border checkpoints and ports. Transportation costs in Cambodia are already some of the highest in the region, ...

CAMBODIA’S indirect trade and investments with India are possibly worth almost five times more than its direct economic activities, a situation deemed “unfavourable” to the country, an industry expert said yesterday. Direct trade and investments between the two countries hit a record $112 million last ...

Tiffany & Company is quietly building a diamond-polishing factory in Cambodia, a country popularly associated more with killing fields and land mines than baubles. Some of Japan’s biggest manufacturers are also rushing to set up operations in Phnom Penh to make wiring harnesses for cars and ...