Officials at the Cambodian Securities Exchange (CSX) may increase the number of daily stock trading sessions from two to seven, giving traders more flexibility to buy and sell, an official at the bourse said yesterday. Currently, trading on the CSX occurs in just two sessions, starting ...

With cargo traffic at the Phnom Penh Autonomus Port growing rapidly, a nearly completed container terminal just south of the city on the Mekon River should help ease the congestion. The 30-hectare port, in Kandal province’s Kein Svay district, was completed late last month, though cranes ...

Villagers living in raised houses on the capital’s Boeung Tumpun lake fear their eviction is on the horizon as sand pumping increases at the site, they said yesterday. In recent months, heavy machinery has been at work at the Boeung Tumpun site. Sand pumping has ...

The next two stocks to be listed on the Cambodia Securities Exchange will probably be Taiwan-owned garment factories, according to market insiders. The news comes as the lone listed stock on the Cambodia Securities Exchange declined slightly in value during the past month, dropping from an ...

Hundreds of families living near Phnom Penh International Airport are facing imminent eviction from heir homes as security preparations begin for world leaders who will attend next month’s Asean and East Asia summits. A total of 387 families living on 6.3 hectares of land to the ...

Cambodian rice millers will increase their capital to purchase unmilled rice this season as bankers agreed to provide more loans, insiders said on Monday. Baitong will increase its capital to purchase up to 140,000 tonnes of fragrant unmilled rice, compared to last year’s 70,000 tonnes said ...

Garment worker Ba Chhorvorn stands in the sweltering heat inside the small concrete brick room she calls home in Kandal province. Across the road is her workplace, a supplier to Levi’s and Gap, which her boss describes as the “five-star hotel of garment factories”. Worlds apart but ...

Election monitoring groups are questioning the National Election Committee (NEC) recent decision to let a Phnom Penh casino fund its new multi-million dollar headquarters, a move they said would cast further doubt on the body’s independence. NagaCorp, the owner of Phnom Penh’s only licensed casino, NagaWorld, ...

Officials from the government  U.N. and human rights groups on Friday put forward amendments to draft memorandum of understanding (MoU) that is designed to impose safeguards for Cambodians to travel to work as maids in Malaysia. While the original draft by the Malaysian government sets out the responsibility of ...

Exports of milled rice had fallen dramatically last year because of the poor quality of paddy rice, insiders said yesterday. Milled-rice producers told the Post that a large amount of paddy rice broke. From every 100 kilograms of paddy rice, 20 to 23 kilograms of milled rice ...

The De Castle Royal Condominium project, which has been on hold for some time, has announced that it will go back on the market after gaining $28 million in loans from Canadia Bank, which will allow for the completion of the 32-storey-building. The general manager of ...

A mother of four, with the youngest on her hip, said she was not impressed by the palatial government buildings where Cambodia’s Prime Minister Hun Sen and his Council of Ministers have their offices. Her own home is a wood-and-tin shack now partially buried under the ...

Prime Minister Hun Sen encouraged the public to help the country by drinking beer during the inauguration of the new $60 million Khmer Brewery factory in Phnom Penh yesterday. “Don’t forget, [if you] drink one bottle or one can of beer, how much will the state ...

PHNOM PENH: The International Labor Organization (ILO) and Ministry of Labor and Vocational Training launched a Decent Work for All Profile for Cambodia which assesses progress in the development of labor market conditions and protection for workers over the past decade on Monday 30th July. “Launching ...

The vision regional leaders have for an ASEAN Economic Community by 2015 may become clearer after this week’s Economic Ministers meeting in Siem Reap, but not everyone has a rose-coloured view of what such integration might mean for Cambodia. Students who have not mastered the ...

The 2013 China’s Zhejiang and Cambodia matchmaking symposium was held here on Tuesday to seek opportunities to expand business ties between China and Cambodia. Gong Zheng said the Chinese firms are doing businesses in the fields of agriculture, infrastructure development, construction and real estate, mineral ...

High production costs and a lack of government assistance is keeping rice farmers near the poverty line despite unprecedented growth in the sector, according to a new study released by local microfinance institution Intean Poalroath Rongroeurng (IPR). The independent study, conducted by two Cambodian researchers ...

More than 100 families in Preah Sihanouk province were forcefully removed from their homes yesterday morning by at least 100 armed police officers  who dispersed the crowd by firing shots into the air from AK-47 rifles and spraying villagers with water cannons, accoring to provincial ...

The Asian Development Bank (ADB), which has so far contributed $84 million toward the rehabilitation of Cambodia’s dilapidated railway network, said yesterday it would support a deal to drop the current railway  operator if it means the new concessionaire would foot the $60 to $100 million needed ...

Prime Minister Hun Sen yesterday appeared to add his voice to the strong government reaction against criticism from U.N. human rights envoy Surya Subedi. Mr. Subedi last month delivered reports on human rights and economic land concessions in Cambodia to the U.N. Human Rights Council in Geneva. His ...