Revenues from the tourism sector increased 7 percent to $1.91 billion in 2011, though more could be made if hotels sourced more goods from local producers instead of importing from abroad, Tourism Minister Thong Khon said yesterday. Speaking at a conference in Phnom Penh, Mr. Khon ...

Renaissance Minerals has raised $10 million for its gold-mining program at the Okvau deposit, in Mondulkiri province. The Australian company had estimated the area contained 729,000 ounces of gold. Renaissance’s biggest challenge would be to finance the project by equity investments world-wide, Tremain said. Renaissance is ...

Trading on Cambodia’s stock exchange has begun for the first time after a state-run company completed its initial public offering. Some 13 million shares of the state-run Phnom Penh Water Supply Authority were offered at 6,300 riel ($1.57) per share. The stock exchange was officially launched in ...

A long day of negotiations failed to resolve a factory dispute yesterday at a company that supplies to major international brands Gap, Levi’s and H&M. After more than 1,500 workers from SL Garment Processing (Cambodia) factories in the capital’s Meanchey district marched to the Ministry of ...

Transparency International Cambodia is set to step up its presence in the Kingdom with the launch of a $2.5 million three-year program to monitor and record corruption. On a scale of zero (highly corrupt) to 10 (very clean), Cambodia ranks 2.1, according to the organisation, ...

Nine months after Cambodia’s stock exchange was officially launched, the country’s first share started trading Wednesday, with the initial public offering of state-owned Phnom Penh Water Supply Authority. PPWSA’s stock, priced at 6,300 riel (US$1.57), jumped 48% to 9,300 riel, according to the data from the ...

Prime Minister Hun Sen said yesterday 700 volunteers from the Cambodian People’s Party had fanned out across eight provinces to measure properties and provide titles to villagers who have been displaced by land disputes. Speaking to about 10,000 villagers in the Kroch Chhmar district of Kampong ...

The Phnom Penh Court of Appeal ruled Friday that Beehive Radio owner Mam Sonando should continue serving his 20-year sentence for sedition. On October 1, the radio station owner was sentenced to 20 years in jail and fined 10 million riel in relation to a ...

Cambodia Airlines plans to spend $1.5 billion to acquire up to 22 planes, a move that might see the new airline’s eventual fleet size overtake that of national carrier Cambodia Angkor Air. “We [will be] starting to deploy 16 to 22 aircraft immediately once it’s ready ...

Economic cooperation between Cambodia and Hong Kong is on the rise, while the introduction of a new visa extension is also evidence of strengthening relations, officials say. On June 1, Cambodian officials will be able to travel to Hong Kong without a visa and stay ...

Cambodia was host to a two-day information and communication technology conference and expo held by the The National ICT Association of Malaysia on Friday. By 2012, 19.1 million SIM cards for mobile phones have been sold while on the internet side, around 2.7 million people ...

Police in Svay Rieng province yesterday afternoon arrested a union worker who was delivering flyers supporting a stay-at-home strike scheduled to begin after Khmer New Year. While delivering about 1,100 fliers to union members at Full Fortune Knitting, Kem Chamroeun, a 25-year-old Collective Union of Movement ...

Security forces in the Cambodian capital violently dispersed Labor Day demonstrators gathered near the city’s Freedom Park Thursday, injuring at least five people, including bystanders, according to eyewitnesses and rights groups. They took the action after opposition Cambodia National Rescue Party (CNRP) leaders finished speaking to ...

Cambodia’s Prime Minister, Hun Sen, says Asia Atlantic Airlines’ upcoming flights that will connect Thailand, Cambodia and Japan will benefit the country’s tourism industry. The airline will fly from Thailand’s Suvarnabhumi Airport and stop in Phnom Penh before flying to Toyko’ Narita, with full traffic rights. The ...

Cambodian human rights organizations say they have major concerns over a deal with Australia that could send unwanted refugees to Cambodia. The Cambodian Human Rights Action Committee says Cambodia’s track record of human rights abuse and corruption make people “living on the margins” vulnerable to abuse. Australia ...

Nearly 50 workers fainted on Saturday at a coat factory in the Tai Seng Special Economic Zone in Bavet City, Svay Rieng, a factory representative said Sunday. The incident was precipitated by one worker who fainted because she was already sick, setting off a chain reaction ...

About 1,000 workers from the Sun Well Shoes factory went on strike for the second day running Wednesday, appealing for wage benefits and better safety equipment. Half of the striking workers protested in front of the factory on Veng Sreng Street in Pur Senchey district on ...

Around 1,000 garment workers from a factory producing jeans in Bith Trang Special Economic Zone in Prey Nop district went on strike to protest against administration chief in their factory.   They also demanded the annual leave of 18-21 days per years, which were rejected by ...

Technical groups of Cambodia and Vietnam vowed to conclude the border demarcation between the two neighboring countries as soon as possible.   Koy Kuong, spokesman for the Ministry of Foreign Affairs and International Cooperation, said that Cambodia and Vietnam have already plant the border posts along ...

Grand Twins International, Cambodia’s second stock exchange listing, will list at the lower end of its expected buy-in range, an announcement on the Phnom Penh Securities (PPS) website said yesterday. GTI is to begin trading on May 29 with nine million shares at $2.41 each, according ...