Alleged ringleaders of an overseas employment scam the Ministry of Labour says bilked thousands of clients out of money were charged with fraud in Phnom Penh on Friday. Oun Sarath, 30, and Kim Sophat, 29, the director and marketing manager, respectively, of recruiting firm You Can ...

The Cambodian government recently awarded the operator of its three international airports more than $100 million for upgrades in an effort to accommodate strong passenger growth driven by the country’s nascent tourism industry. Cambodia Airports—the subsidiary of Italian firm Vinci, which serves as the concession ...

Cambodian Prime Minister Hun Sen said Tuesday that the country is likely to receive up to 8 million foreign visitors by 2020. The premier’s optimistic forecast came after the country greeted some 4.2 million inbound tourists last year, an increase of 17 percent compared to ...

Phnom Penh City Hall has purchased 40 secondhand buses from South Korea for an expansion of the city’s fledgling public bus service, said a municipal official who declined to reveal the details of the order. City Hall spokesman Long Dimanche said the buses are slotted to ...

Chinese President Hu Jintao asked close economically Cambodia on Saturday not to push talks on the vexed issue of the South China Sea “too fast” as he pledged to double bilateral trade to $5 billion and announced fresh aid to the impoverished country. Cambodia holds the ...

As rice farmers struggle to cope with the aftereffects of one of the worst droughts in Cambodia’s recent history and moribund infrastructure makes it difficult to transport and sell their products across the country, universities here and in the United States are joining forces to ...

The Ministry of Education has vowed to shift its focus from the quantity of the country’s universities to their quality by instituting a moratorium on the approval of new institutions, officials said yesterday. Education Minister Hang Chuon Naron said that with more than 100 universities already ...

Ol Sok Hour, a keen and promising student, had his life turned upside down two years ago when his parents died of AIDS. Yesterday, the NGO celebrated the launch of its Graduation House, a facility that will offer accommodation and support for orphaned tertiary students. ...

As nations meet at the 2012 United Nations Climate Change Conference in Doha today, the greenhouse-gas emissions gap is widening, according to a report by the UN Environment Program (UNEP) released  last week. Keeping the global average temperature rise below two degrees Celsius requires that action ...

Roads built with low-interest policy loans from South Korea have opened to traffic in Cambodia, the finance ministry said Monday. The roads near the Vietnamese border in the Southern part of Cambodia, are part of a broader infrastructure project undertaken by Phnom Penh to meet ...

Diners may soon be able to leave their wallets at home the next time they decide to eat at a restaurant in Phnom Penh. Starting next week, WING, a Cambodian mobile payment service provider, will introduce a new service that allows people to pay their restaurant ...

After sudden increase in price to KHR 6, 600 (US$ 1.62) on July 25, over the next week the price rose for a couple of days before eventually changing direction, falling to 6,400 (US$1.57) on August 1. Trading volumes were larger compared to the week ...

Hun Sen, Prime Minister of the Kingdom of Cambodia, has appealed to all universities, both public and private, to do their best to improve the quality of education to suit with the graduates’ abilities and degrees. ...

A lack of economic diversity, faith in the banking sector and slow growth in vocational training and education topped the list of concerns among economists and investors yesterday at a meeting organized by the Asian Development bank (ADB) and the government. According to data released ...

Vietnam businesses are looking to invest in Cambodia but are faced with a shortage of skilled labor and high transportation costs. The Oversea Entrepreneur Forum in Phnom Penh saw over 100 firms meet to discuss potential partnerships.  It has also been said that further cooperation ...

ANZ Royal Bank is seeking a larger part in handling transitions involving the Chinese yuan as the currency becomes more prevalent. Exports who bill their clients in yuan are being granted tax rebates of between 15 and 18 percent by the Chinese government. A service ...

Dredging in Kompong Cham province along the Mekong river is being cited as the cause for the collapse of the river bank and the force behind more than a dozen families having to leave their homes. An area of approximately 20 meters y 200 meters ...

Hattha Kaksekar Limited, one of Cambodia’s largest microfinance institutions, has received a US$5 million loan from a French development organisation in order to meet rising demand among its client farmers. PROPARCO, which is a joint venture between the French Development Agency and public and private shareholders, ...

The World Bank yesterday predicted gross domestic product to grow 6.5 percent this year, though it said that economic conditions could sour if the economies of Cambodia’s largest export markets in the US and Europe deteriorate. In an economic report outlining prospects for all of the ...

Exports of garment and footwear products achieved solid growth during the first half of the year, expanding by 9.3 percent. According to the Ministry of Commerce, exports from the country’s garment industry were valued at $3.7 billion during the first six months of the year. ...