More economic activity and a better understanding of using formal financial services among rural residents are leading to good loan performance rates and increases in savings deposits in Cambodia’s microfinance industry, according to industry sources. The loan portfolios of the 35 registered microfinance institutions (MFI) and ...

A new air route may connect Macau and Cambodia this year, a move industry experts say would reduce travel costs in the region and reflects tourist interests in both destinations’ gambling industries. Several airlines are in contact with CAM, Macau International Airport Co, “seeking to launch ...

Mark Moorstein knew little about Cambodia before he got involved in a lawsuit on behalf of land owners there. But as it’s turning out, the suit could end up affecting most every country in Asia. Moorstein is a land-use lawyer in Northern Virginia who, like many ...

Koh Kong province’s mangrove forests have changed from being a source of charcoal to serving tourists who help to protect their biodiversity. The forests have now become a popular destination for Cambodian tourists. Yem Yan, Peam Krasorb commune chief in Koh Kong, said gradually visitors ...

A year to the day since armed soldiers stormed into the remote village of Pro Mar in Kratie province, killing a 14-year-old girl, arresting her husband and evicting hundreds of families, Sreng Pho still has nightmares. “I’m really scared when I think back to that day ...

Kuala Lumpur-based Felda Global Ventures Holdings Berhad (FGV), the third-largest palm oil operator in the world, said it plans to cultivate rubber inside Cambodia. “We are . . . consolidating by expanding into countries like Myanmar, Cambodia and Laos – planting other crops such as rubber,” ...

More than 60 villagers from Kampong Cham province’s Stung Trang district staged a protest on Monday at Arak Tnort commune hall, demanding answers for a massive price hike that has accompanied the installation of electricity meters ahead of a planned switchover to state-provided power. Private company ...

Despite the fact that beverage consumption in Cambodia is on the rise, government statistics show that imports of alcohol and non-alcoholic products in the first half of 2013 have declined by 51 per cent year-on-year. The seemingly conflicting figures left some scratching their heads. Meng Saktheara, ...

Thousands of opposition supporters at Freedom Park cheered in a near-ecstatic frenzy yesterday as Cambodia National Rescue Party president Sam Rainsy compared the demonstration to those held by the ruling party with an eye to the bottom line. “The [Cambodian People’s Party] uses money to pay ...

A group of NGOs condemned rampant abuses of sexual and reproductive health rights in Cambodia last week, just days before the government submitted a human rights progress report to the United Nations. The Cambodian Center for Human Rights, in cooperation with the Asia Pacific Network of ...

Japan-based UD Trucks Corporation is planning on selling its new heavy duty transport vehicle, the 2013 UD Quester, in Cambodia. Volvo Group-owned UD Trucks also launched the latest versions of the UD Quon, UD Fuel Demonstrator, UD Quester and Volvo FH at the Tokyo Motor Show ...

Japanese automaker Mazda opened its first showroom in Cambodia on Wednesday, making it the third foreign car company to move into the country since the beginning of the year. “Mazda starts selling in Cambodia from today,” said Chanthan Ngon, general manager of HGB Auto, the company’s ...

The Cambodian veterinary authorities have reported an outbreak of highly pathogenic avian influenza (HPAI) in Battambang affecting backyard poultry. An immediate notification was sent to the World Organisation for Animal Health (OIE) reporting that the causal agent has been identified as the HPAI virus, serotype H5N1. ...

The apartment rental market was flat in the third quarter after strong growth earlier in the year, with oversupply and political tensions among the causes blamed by realty experts. Chrek Soknim, deputy director of VTrust Property Co, Ltd, said that growth has stagnated after the January-March ...

Like most millennium-old structures discovered in the forests of Cambodia, the locals had known all along about this one. Jarai minority villagers in this remote spot in Ratanakkiri province’s O’Yadaw district not only knew about it, but they revered the red-brick temple, using it as a ...

Construction investment in Cambodia in the past 11 months of 2013 was worth of USD 2.4 billion or 1526 projects, covering construction area of 7 million sq km, said The Ministry of Urbanization and Construction. The ministry added that compared with the same period of last ...

A new report from Cam­bodia’s centre for malaria control shows fatalities from the disease have dropped 85 per cent in the first half of 2013 compared with the same period last year. The total number of malaria cases reduced by 52 per cent during that period, ...

An investment company owned by the Singaporean government is a minority partner in a fully licensed commercial bank set to open later this month in cooperation with Canadia Bank PLC and the country’s postal service, a source familiar with the deal confirmed Tuesday. Fullerton Financial Holdings, ...

Violent clashes have erupted in Cambodia, leaving a protester dead and several wounded as thousands gathered to challenge strongman premier Hun Sen’s disputed election win. Security forces fired smoke grenades, tear gas and water cannon at rock-throwing opposition supporters in Phnom Penh in an escalation of ...

A man suspected of robbing and shooting two foreign nationals late last month was shot four times on Monday night during a shootout with police before being taken into custody. Police also apprehended a second, uninjured suspect after the shootout. Chea Sovann, 32, and Sa Ravan, ...