China’s Sinohydro Group Ltd earned US$2.12 billion in an initial public offering on the Shanghai Stock Exchange, the company announced yesterday. The move came just two months before Sinohydro launches the Kamchay Hydroelectric Dam in Cambodia’s Kampot province. The company expects the IPO to help fund ...

Moody’s Investors Service announced yesterday  it had downgraded the credit rating of ACLEDA Bank, citing the departure of two of  the bank’s major investors in as many years. The loss of a second big sharehol-der in the first half of this year had led to ...

The government has collected 6,557 billion riel, or about $1.6 billion, in revenues in the first seven months of 2011, a figure that is twice that of the $801 million in revenues that were collected during the same period last year, data released by the ...

On 06 November 2018, Ministry of Environment issued a press release announcing to the public that Stung Sen, which is the tallest and pristine seasonally flooded freshwater swamp forest of the Tonle Sap Great Lake, has been designated as a Wetland of International Importance (also known ...

The Ministry of Environment and Khmer Mekong Films production are working together to produce an educational television program called “Make it Beautiful” to promote public understanding on environment protection, natural resources management, biodiversity conservation, and living sustainability. This program will be showed on every Sunday ...

Special economic zones (SEZs), billed as a one-stop shop for potential investors, have had a slow start in the Kingdom – only 13 out of 30 registered zones are operational – with many failing to get off the ground given the difficulty in providing the ...

Despite industry concerns that a minimum wage increase to $128 earlier this year would hurt Cambodia’s garment exports, the garment and footwear sector – a mainstay of the economy – showed robust growth for the first half of 2015, netting around $3 billion, according to ...

Cambodia’s former opposition leader Sam Rainsy said on Sunday he was open to talks with Prime Minister Hun Sen, who has held power since 1985, to end a crisis caused by the dissolution of the main opposition party ahead of elections in July. The Cambodia National ...

On 19 October 2016, Phnom Penh City Hall has released an announcement to the public to ensure the security of travelling due to the flooding from Kampong Speu province, while the water level in Prek Thnout stream is reaching over the warning level, causing flood ...

On August 3, 2017, the Ministry of Mines and Energy issued a notice to local and foreign mining companies about the expansion of two mining concessions:1. The area of Svay Chreah commune and Khsuem commune, Snoul district, Kratie province, which covers 30,60 square kilometers2. The ...

Civil society members and Ministry of Mines and Energy officials came together recently to discuss discrepancies in the export figures of sand from Cambodia to Singapore, after 47 NGOs wrote an open letter early this month to the ministry seeking an explanation. The letter from civil ...

On 27 June 2017, the Embassy of Japan and the Council of Ministers are going to hold the inauguration of the Legal Documentation Centre (LDC) relating to the Extraordinary Chambers in the Courts of Cambodia (ECCC). Japan has contributed about 2.354 million US dollars through the Japanese ...

The European Union will be funding conservation efforts in Mondulkiri’s Srepok and Phnom Prich wildlife sanctuaries to the tune of $3.3 million over the next five years, according to a press release yesterday. The project, Advancing CSOs Capacity to Ensure Sustainability Solutions (ACCESS), will be ...

US retailer Gap Inc says it has “demanded an immediate investigation” in response to allegations of harassment at one of its suppliers in Cambodia. A strike at the Ocean Garment Factory in Phnom Penh has now entered its third week, despite a court ordering the 2,500 ...

Cambodia had exported 89,800 tons of milled rice in the first seven months of this year, a 2.6 percent drop from 92,200 tons at the same period in a year ago, showed the statistics from the Ministry of Commerce’s Camcontrol Department on Thursday. However, the revenues ...

Prime Minister Hun Sen opened the 30th ASEAN Ministers on Energy Meeting yesterday in Phnom Penh, where ASEAN officials will focus on ASEAN green energy and develop a plan for ASEAN’s power grid, officials said. Victor Jona, deputy director general of energy of the General Department ...

Preparations are in place to evacuate some 13,000 people if flooding worsens in Purst province after the Pursat River burst its banks on Monday nights leading to the evacuation of 27 families in Kandieng district. Pursat provincial governor Khoy Sokha said that floodwater, which ...

Prime Minister Hun Sen said on Monday that the Kingdom’s economic growth is forecast to grow at 7 per cent this year, according to news agency reports. “We still maintain our forecast of  7 per cent growth and the latest forecast showed that the inflation rate ...

The Asean Grassroots People’s Assembly (AGPA) agreed yesterday on a list of demands it intends to present to the Cambodian and regional governments. A crowd of more than 2,000 people-including garment factory workers, victims of evictions, and sex workers, as well as undercover police-gathered at Phnom ...

While the Kingdom’s biggest industrial pig farming company is seeing steady growth as the nation’s population and hunger for pork grows, small pig farmers are having a hard time of it in the face of fluctuating prices and lower cost imports from Thailand, according to experts and insiders who came to a recent ...