Property experts said the land prices in Kampot province have been “stable” in early 2013 despite trading more actively than last year. Nuon Rithy, managing director at the Bonna Realty Group, said the trading of land in Kampot province is quiet and nothing changes much because ...

The Foreign Trade Bank of Cambodia (FTB) and Tong Yang Securities (Cambodia) yesterday signed a memorandum of understanding on financial consultation services and trade co-operation that is hoped to expand banking and securities business in the country. The MoU should bring the bank and the securities firm into ...

Authorities in Stung Treng province have confiscated some 651 pieces of “luxury timber” from three communes in Se San district over the past week in an ongoing operation to crack down on illegal logging in the area, police said. The goods were confiscated just as a ...

The amount of cargo entering Cambodia through the Phnom Penh Autonomous Port has increased 15.24 percent through the first nine months of this year, compared to the same period last year, a port official said yesterday. Hei Bavy, general director of the Phnom Penh Autonomous Port, ...

Businesses hailed the government’s planned rice trade partnership with Cambodia, Laos, Myanmar and Vietnam, but warned any effort to jointly fix prices would not be easy. Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, said it would be great if Thailand could share information ...

Ethnic minority villagers expecting to be displaced by a proposed Chinese-built hydroelectric dam in northeastern Cambodia are asking the country’s parliament not to approve a law providing financial guarantees for the project. Villagers living along three rivers that will be affected by the dam spoke ...

Loans and deposits at Cambodia’s 32 micro-finance institutions and four NGOs, as well as small loans from Acleda Bank, rose sharply last year compared with a year earlier. Industry players say this is a result of the Kingdom’s rapid economic improvement and political stability. Official data from ...

Six Boeung Kak village representatives will appear in Phnom Penh Municipal Court accused of threatening to kill their one-time representative Ly Mom, who was spoke on their behalf from 2007 until last year. Although no charges have been laid, Ly Mom is demanding $10,000 from each ...

Another alleged “secessionist” involved in a land dispute was arrested yesterday in Pursat province’s Veal Veng district, where villagers said authorities continued a prolonged forced eviction that has led to the destruction of some 500 homes. Three other men accused of attempting to create an autonomous ...

Rem Vannak remains in poor health after enduring about two years of 21-hour days working for no pay on a fishing boat in Fiji, where he was beaten when he complained. Lin Yu Shin, who owns Giant Ocean – the company Vannak worked for that allegedly ...

Throngs of young Cambodian People’s Party supporters have gathered on the corners of Sihanouk and Sothearos Boulevards for days now, their mere presence a testament to the CPP’s ostensibly broad-based popularity. They represent a powerful voting bloc in a country where the lion’s share of the ...

Japan-based Terra Motors Corporation viewed Cambodia as a potential market for its electric tuk-tuk, the company’s general manager of overseas sales said yesterday. “We’re thinking of entering the Cambodian market as well. But at this moment, there are no concrete plans. [We] just hope to enter,” ...

Despite current tensions between North and South Korea, Cambodia’s tourism minister said yesterday that the number of tourists from South Korea to the Kingdom had Not dropped. [Minister of Tourism Thong] Khong said that so far there appears to be Nothing to worry about. “There are ...

Opposition vice president Kem Sokha on Thursday said he could not guarantee there would be no violence following Sunday’s vote and appealed to the international community to be on alert and help ensure a peaceful transition after the election results are released. Speaking to reporters after ...

After more than three months in jail, environmental activist Kuch Veng is set to hear his verdict at the Pursat provincial court. The verdict was originally scheduled to be handed down July 10, but the judge ordered it delayed after some 300 people from 11 provinces ...

Diamond Island may see another new concrete bridge, this time in the form of a butterfly. The proposed 100-metre long bridge from Phnom Penh to Diamond Island would be similar in height to the current Rainbow Bridge, Touch Samnang, a project manager of developer OCIC, said. no ...

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