Prime Minister Hun Sen yesterday said that Cambodia’s budget for next year was balanced, claiming that a planned increase in public spending will be made up for by a rise in government revenue. Despite concerns from the opposition that foreign borrowing should be reduced, the National ...

Prime Minister Hun Sen yesterday announced that the government would begin levying a tax on agricultural land transfers that are valued at more than $25,000. “The government has decide to tax 4 percent on land that cost more than 100 million riel [about $25,000],” Mr. ...

Australian mining firm OZ Minerals announced yesterday that it has successfully sold its Cambodian mining assets to Renaissance Minerals Limited for AU$17.8 million, or $19.2 million, after years of disappointing gold exploration results here. According to the statement, Renaissance now controls the 1,100-square-km core of the ...

Hun Sen’s titling plan was announced in June and is intended to resolve land conflict stemming from the Khmer Rouge regime’s ban on private property in the 1970s. Around 1,600 students have been sent around the country to demarcate 4.4 million acres of uncontested territory, which ...

Cambodia’s economy will grow by an average of 7 percent in each of the next five years, the World Bank said yesterday in a report on the country’s economic outlook. In its periodic update on economies in the region, the World Bank predicted gross domestic product ...

A new hotel serving the Phnom Penh International Airport opened on July 1 at Ratana Plaza on the left off Russian Boulevard just before Hanoi Road on the way to the airport from central Phnom Penh. The Dara Airport Hotel has 155 rooms with a fifth-floor ...

Cambodia imported 727,500 tons of petroleum in the first five months of the year, a 2 percent drop from 744,700 tons a year earlier, the figures of the Ministry of Commerce showed Saturday. A liter of premium gasoline goes for 1.38 U.S. dollars in Phnom ...

Vietnamese Deputy Prime Minister Nguyen Thien Nhan said Tuesday that the country will expedite overland boundary demarcation with Cambodia and expects to fully complete the process by 2015. Speaking at a meeting with Cambodian Parliament Chief Heng Samrin, Nhan said that so far, the two countries ...

Cambodia has currently had 2.36 million registered automobiles and motorcycles, according to the figures of the Ministry of Public Works and Transport on Friday. The country has 377,660 cars, buses, and trucks, and 1.98 million motorcycles, said the figures. Vehicles are mostly purchased from Japan, Thailand, Vietnam, ...

The Ministry of Education, Youth and Sport is plunging public schools into the digital age with a new interactive technology plan fit with bells, whistles and 3G applications, light-years ahead of its mostly dirt-floor school houses. The five-year, $1.3 million project, developed and funded by Cellcard, ...

About 1,000 workers protested outside Ocean Garment factory in Phnom Penh’s Pur Senchey district on Wednesday to demand compensation for being out of work while the factory suspends its operations for a month due to flagging demand from buyers, a union leader said. Workers have been ...

Without more efforts to punish traffic violators, the government is all but certain to miss its 2020 goal of cutting traffic deaths by 20 percent and drunk driving deaths by 50 percent, road safety experts said at a forum Tuesday. There were 1,910 deaths due to ...

Protesting workers at Ocean Garment factory say they are worried the manufacturer, which has suspended operations for one month, will close altogether. About 20 per cent of Ocean’s 1,300 workers demanding full payment during the break have found work elsewhere, while longtime employees are literally praying ...

The Asia Pacific region’s largest travel trade show–PATA Travel Mart 2014–kicked off at Diamond Island here on Wednesday evening, aiming to promote tourism industry. The 3-day PATA (Pacific Asia Travel Association) Travel Mart 2014 brought together more than 1,000 delegates from over 60 countries and regions ...

Cambodian Foreign Minister Hor Namhong flew to New York on Sunday evening to attend the 69th Session of the United Nations General Assembly, which is slated to be held from Sept. 24 to Oct. 1. The minister will deliver a speech at the U.N. session on ...

Plans for a universal health care system will be included in the 10-year strategy to strengthen Cambodia’s social welfare, according to a government official, as a new report reveals almost three-quarters of Cambodians lack any legal health coverage. The study, released this week by the International ...

Phnom Penh Municipal Court has summoned another official from Cambodia National Rescue Party (CNRP) to appear in court over July 15 violent clash near the Freedom Park. According to the subpoena issued Tuesday by Keo Mony, Phnom Penh Court’s investigation judge, a member of CNRP’s board ...

A new study indicated that 43. 2 percent of Cambodian garment workers suffered from anemia and 15. 7 percent of workers are underweight, the International Labor Organization (ILO) said Monday. The study also found that garment workers spent approximately 1. 3 U.S. dollars per day on ...

Nineteen Cambodian monks were defrocked and arrested yesterday (December 2) after police found them to be in Thailand illegally and soliciting donations in Wichit. Police search three tents and found foreign and Thai cash inside each monk’s bag. Some had around B1,000, others more than ...

The Phnom Penh Water Supply Authority (PPWSA) saw a dramatic increase in profits during the third quarter of this year, according to the state-run firm’s latest filing to the Cambodian Stock Exchange (CSX). PPWSA profits after tax topped $4.5 million during the three-month period ending September ...