Cambodia’s property sector continues to grow, offering both opportunities and challenges for both foreign and local investors. Meanwhile, ahead of the ASEAN Integration, a wider access to transparent information about the FDI fuelling the sector could lead to the adoption of stronger regulatory principles and ...

The announcement last month that traffic cops will collect 70 per cent of fines they give out has already seen enforcement increase, according to a senior official at the Interior Ministry.Speaking yesterday, General Run Roth Veasna, director of the ministry’s Department of Order, said tickets ...

Last year, the United Nations called for culture to be given top priority in the post-2015 global development agenda, citing its importance to economic growth, social inclusion, equality, and sustainable development. It is difficult to quantify the impact culture has on a nation, particularly for a developing ...

The number of new land disputes reported in the first six months of this year decreased by 38 percent compared to the same period in 2011, according to data released by rights group Licadho last week. According to the figures, which represent 15 of the country’s ...

The share price of the Phnom Penh Water Supply Authority (PPWSA) fell 50 riel yesterday to 6,250 riel, or about $1.52, bringing the authority’s share price lower than its initial public offering (IPO) in April. The decline matches views expressed by investors here that the authority’s ...

A new banking settlements system called CHANCES, dealing exclusively in the Chinese currency renminbi (RMB), aims to make trade between China and the ASEAN countries easier and less expensive. Owned and operated by the Industrial and Commercial Bank of China (ICBC), the CHANCES system stands for ...

More than 600 of the Kingdom’s inmates could be released or see their sentences reduced this Khmer New Year if the King responds favourably to a request made yesterday by the Ministry of Interior’s General Department of Prisons, officials said. Kuy Bunsorn, director general of the ...

Cambodia may soon have new standardised exams to hold its students, teachers and education system accountable. “Everyone agrees that the improved enrolment rates in primary school is an accomplishment; at the same time, everyone also calls for quality-control improvement [which] means better testing,” said Jan ...

A year ago, getting to Sihanoukville required perseverance and a certain degree of bravery. There had been no flights to Cambodia’s premier beach resort for years — at least no scheduled services — and cruise ships docking here were few and far between Following years spent ...

In accordance with a recently released legal update from the Ministry of Economy and Finance (MEF), new procedures have been defined to provide income tax incentives to companies involved in expanding their Qualified Investment Projects (QIPs) in the Kingdom. ...

Natural rubber (NR) production in Association of Natural Rubber Producing Countries (ANRPC) this year is set to rise by 4.9% to 10.83 million tonnes from 10.33 million tonnes in 2011 The members of ANRPC are Thailand, Indonesia, Malaysia, Vietnam, Cambodia, India, China, Papua New Guinea, the ...

Construction of a new airport that is slated to serve the capital has passed the 43 per cent completion mark, raising prospects for a proper recovery in the civil aviation and tourism sectors as international travellers return to the Kingdom in increasingly large numbers. ...

The minister of health on Monday warned doctors to abide by ethical standards and maintain proper medical records, saying that the ministry will take legal action against those that don’t, without explaining the consequences in detail. ...

The Kingdom’s software development sector is being seen as an increasingly important player in the country’s move to strengthen its tourism industry and provide visitors with the latest conveniences. Stephane Combre, a developer at To Do in Cambodia, said that the firm’s platform, launched in ...

Borei Keila residents have continued to reject compensation in exchange for leaving their land, claiming the latest offer was inadequate. Two of the remaining 11 families met with the 7 Makara district governor in Phnom Penh yesterday to discuss compensation. ...

Prime Minister-designate Hun Sen on Thursday defended his establishment of the Consultation Forum, saying it gives opposition parties an opportunity to contribute to nation-building. Speaking to over 17,000 garment workers in Kandal province, the Cambodian People’s Party leader was responding to criticisms from some members ...

Khoung Sreng was sworn in as the new governor of Phnom Penh yesterday, wasting little time before sending a warning that he will act against “ill-intentioned” people in the city, with Interior Minister Sar Kheng pledging at the event that recent commune election successes of ...

The Ministry of Health will investigate a baby milk formula sold in Cambodia that has been recalled over a risk it contains bacteria that causes botulism, an official said Tuesday. New Zealand dairy company Fonterra has advised eight companies that bought a whey protein concentrate produced ...

The government has created a new interministerial committee to manage the activities of international NGOs, with an Interior Ministry official yesterday saying the body was intended to monitor organisations’ compliance with the controversial NGO Law. ...

Maybank launched yesterday its locally incorporated company in Cambodia, Maybank (Cambodia) Plc, and will also build a 10-storey corporate office with the aim of becoming one of the top five banks there by 2015. Currently ranked seventh in terms of assets among 33 banks operating ...