City Hall is turning its focus to Phnom Penh’s “anarchic parking” situation. Phnom Penh Governor Pa Socheatvong yesterday said the municipality plans to cancel old contracts awarding private companies the right to charge for parking in certain parts of the city, and introduce new restrictions on ...

In yet another land swap deal that will see lucrative state-owned land handed to a private business in exchange for a new building on cheaper land, the Try Pheap Group has built a new headquarters for the Women’s Affairs Ministry in Stung Meanchey commune. In return, ...

Local developer Shukaku will step up construction of its controversial Boeung Kak lake development project this month, beginning work on a drainage system and corporate office, a spokeswoman told the Post yesterday. An updated master plan of Shukaku’s Phnom Penh City Centre project – an ...

Local business Cambodian Natural Gas Co Ltd and Chinese firm CNOOC Gas Power Group Co Ltd teamed up in importing liquefied natural gas (LNG) to distribute within Cambodia’s market. The company’s officers said the cooperation is to import the LNG to supply  demand in the ...

In regard to the announcement of the Ministry of Health dated on 14 March 2020, the Ministry of Tourism, on the same date, has released a press to announce to all the tourism industry associations, tourism operators, especially inbound tour operators who have partnership with ...

The Ministry of Labour and Vocational Training (August 28, 2019) issues an order to classify the jobs’ listing and to bar foreign nationals from self-employment. The legal document, which issued with number 360/19 and dated on 28 August 2019, categories the types of job that ...

The Kingdom’s vehicles business has seen a drop in both sales and imports by an estimated 30 percent because of the impact of COVID-19. Figures from the Ministry of Economy and Finance (MEF) shows that the COVID-19 crisis has caused the country’s imports to fall ...

The Cambodian government has proposed the establishment of a national internet gateway to control and monitor online traffic, drawing concerns among rights groups and businesses. The proposal was detailed in a July sub-decree titled the “Establishment of the National Internet Gateway (NIG)”. The sub-decree, obtained by ...

On 11 March 2021, the Ministry of Health issued an announcement on the first case of a 50-year-old Cambodian man who died from COVID-19 at the Khmer-Soviet Friendship Hospital. The man lived in Chak Angre Krom commune of Phnom Penh’s Meanchey district. He was once ...

German investors are satisfied with Cambodia’s investment environment which to them is very open and favourable. The satisfaction was underlined by a German business delegation led by Frank-Walter Steinmeier, President of the Federal Republic of Germany during a meeting here at the Peace Palace on ...

The allocation of funds through the Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) is expected to be a vital and timely force in supporting and reviving businesses in Siem Reap province. The move comes in response to the continued arrival of foreign ...

In the age of digitalisation, banks play a crucial role in safeguarding the money and information of both people and businesses. However, as Cambodia embraces this digital revolution, the Kingdom also makes itself vulnerable to the constant danger of cyberattacks and breaches, putting financial data ...

Raw gravel, photo by touch and see, taken on March 26, 2014. Licensed under: CC BY-SA 2.0Since 2010, Cambodia has seen increasing production of cement, crushed stone, sand and gravel in response to the country’s booming construction sector. Approved investment in the construction industry in ...

For the purposes of oil and gas exploration, six Offshore Blocks (A–F) have been set out. Significant finds of oil have been made in Block A, but no oil has yet been extracted. ...

The offices of Herbalife, a so-called multilevel marketing company that has moved into the protein powder market in Cambodia, stand like a beacon of promise in Phnom Penh’s Prampi Makara district: Six stories of glass and white paneling, crisp lime-green signage and a four-story-high banner ...

In 2010, the Ha Tien Vegas Entertainment Resort, a casino investment on Kampot province’s border with Vietnam that included luxury karaoke rooms and suites, launched with high hopes of attracting Vietnamese gamblers. At the end of December, Ha Tien Vegas closed down. To the north, in ...

The China’s Taiwan leading bank, Mega International (ICBC), on September 30th, opened its first branch in Phnom Penh, aiming to attract more Taiwanese investors to Cambodia and boosting further business. “The Mega ICBC will bring capital investment injection into the economy of Cambodia, employment opportunities, upgrading ...

National carrier Myanmar Airways International plans to launch flights to the Cambodian capital Phnom Penh by October, an airline spokesperson said. Flights will operate on Wednesdays and Saturdays, via Siem Reap, using a new Airbus A-321 that can accommodate 220 passengers. “We will add one Airbus A-321 ...

Cambodia hosted the 3rd World Ecotourism Conference on October 3rd at the famous costal province—Preah Sihanouk—in an aim at developing the Asia Pacific region as a leading ecotourism destination. To celebrate the acceptance of the Cambodia costal zone (Preah Sihanouk Ville, Koh Kong, Kep and Kampot) ...

The long-awaited Cambodian Credit Bureau (CBC) launched yesterday, a move that is expected to increase the amount of information banks retain on the history of borrowers in the banking system. Despite loan disbursals in the banking sector growing by 25 percent last year, banks have so ...