ASX-listed Indochine Mining has completed the first part of a A$26.3-million capital raising, and has signed a deal with fellow-listed Capital Mining to dispose of an 85% shareholding in its wholly owned subsidiary, which owns gold assets in Cambodia. Earlier this month, the precious metals developer ...

Inflows of foreign capital into the Kingdom’s banking sector nearly doubled during the first half of the year as two heavyweight players entered the local market and lending institutions responded to revised minimum capital requirements, a central bank official said yesterday. ...

The case of a Battambang provincial government official ac­cused of embezzling some $200,000 in state funds has been referred to the Anti-Corruption Unit in Phnom Penh, provincial officials said Thursday. Battambang Provincial Court deputy prosecutor Long Hokmeng said a two-week investigation into the case brought against ...

With agricultural mapping still in its infancy in the Kingdom, authorities have announced that their programme to boost yields through the use of spatial information technology will be extended to the whole country, an endeavour that will take at least three years to complete. ...

Another four government officials will be promoted to senior secretarial positions in three ministries as part of the upcoming cabinet reshuffle, which Prime Minister Hun Sen claims will increase government efficiency, according to a letter to the president of the National Assembly last Friday. ...

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. ...

Nathan Horton’s business model is straightforward. A professional photographer, Horton helps amateur photographers take pictures abroad. Photo tourism is an increasingly lucrative trade in Cambodia. Horton, who runs half-day jaunts in Phnom Penh and longer journeys into the provinces, is one of the practitioners capitalising on ...

The Minister of Environment has countered a rights worker’s claim that villagers relocated to make way for a Chinese-backed mega-tourism project in Koh Kong province lack proper access to medical care. About 1,100 families have been forcibly evicted from their coastal villages in Botum Sakor National ...

Following reports of abuse and poor conditions at the Kingdom’s shelters, the government yesterday launched official recommendations that seek to ensure better care is offered to victims of trafficking and sexual exploitation. ...

Maybank Cambodia recently purchased an online stock and share trading platform to allow its premier wealth customers access regional and global markets. Cythia Liaw, Maybank Cambodia CEO, said Friday that the trading platform – KE Trade – was developed by Singapore-based Maybank Kim Eng, the fully ...

As part of ongoing government efforts to modernize and streamline the country’s tax system, 43 tax agent licenses were awarded yesterday. The 43 companies are now legally recognized as offering tax declaration services to the public and private sectors. Eighteen had previously been doing this work ...

The provincial government in Preah Vihear is pushing ahead with a compensation and housing scheme for villagers whose existing homes are in the way of a cultural preservation area near the province’s famous 11th-century temple. But the villagers are reluctant to accept the package, saying the ...

The Japan International Cooperation Agency (JICA) has said that its future support of agricultural development in Cambodia depends on the outcome of an investigation into a provincial official accused of embezzling funds from JICA-donated fertilizer. The accused, deputy bureau chief of Battambang’s department of agriculture Seng ...

Cambodia’s garment manufacturers and trade unionists on Monday began a negotiation on pay rise for garment workers in 2014 but reached no any agreement because the union representatives demanded to double the current wage. The talk was made between the employers represented by Nang Sothy, co-chair ...

Protesters were due to march on four foreign embassies this morning to deliver petitions calling for the release of the 23 detainees held at the remote Correctional Centre 3 after being arrested during the crackdown earlier this month. The march – to the embassies of Germany, ...

Cambodia and Thailand have signed a memorandum of understanding (MoU) on cooperation to prepare technical education teaching and learning. ...

Residents of Phnom Penh’s Boeung Trabek area yesterday balked at the options to either pay the government for land certificates or sell their land to the municipality during a forum attended by local authorities, area inhabitants and housing rights officials. City officials earlier this year said ...

With an eye on the future, the Ministry of Education, Youth and Sports (MoEYS) has organised a special training seminar in the use of Information and Communication Technology (ICT) by school administrators and teachers of multilingual education at the primary level. ...

The Ministry of Education on Tuesday again publicly accused the Ministry of Finance of not injecting enough funds into the education sector in order to bring Cambodia in line with the rest of Southeast Asia. Speaking at the close of a two-day workshop to formulate the ...

Cambodia Bayon Airlines will soon import two Modern Ark 60 aircrafts from the state-owned Aviation Industry Corporation of China (AVIC), with plans to begin domestic flights before the end of the year, a company representative said yesterday. Bayon will sign an agreement with AVIC on Thursday ...