The European Union yesterday pledged to support Cambodia with three grants totaling $54 million, including one payment to help bolster the country’s ability to organize its public finances, officials announced at a press conference in Phnom Penh. “The E.U. will continue to support Cambodia with ...

The number of condominiums in Phnom Penh has increased 22 percent to 2,578 units since the beginning of the year, according to data released yesterday by Asia Real Estate Cambodia. The firm said that the majority of the new units came from the completion of 10 ...

Prime Minister Manmohan Singh arrived in the Cambodian capital on Sunday to attend the ASEAN and East Asia Summits which will provide an opportunity for India to enhance its economic cooperation with the region amid lingering financial crisis in the western world. Singh is here for ...

Officials of the Garment Manufacturers Association in Cambodia (GMAC) are concerned that recent strikes could delay delivery to customers, and factories are looking for solutions to meet buyers’ demands. About 10,000 workers in seven or eight garment factories have gone on strike recently demanding higher wages ...

Malaysia is optimistic Asean is ready to be integrated into a single economic block by December 2015 despite uncertainties over growth in the euro zone and the US. International Trade and Industry Minister Mustapa Mohamed said the 10 member countries would be able to cushion the ...

Demand for brand new cars in Cambodia has remarkably increased in 2012 thanks to robust economic growth, enhanced social security and political stability, major automobile dealers said Monday. “We sold about 800 units this year, up from 500 units last year, “Kong Nuon, president of ...

Siem Reap town – one of Cambodia’s biggest tourist destinations – faced yet another power outage yesterday after the provincial energy supplier cut power for 12 hours during the day. Energy supplier Electricite du Cambodge (EdC) informed residents that power would be cut from 6am to ...

The Ministry of Interior has said six Cambodians were shot dead by Thai forces in the course of a month, in a rare report outlining the impact of the ongoing trade in luxury rosewood, and authorities’ efforts to curb it. The report also says that ...

A major Hong Kong investor in Cambodia has claimed that a government duty on seafood exports is stunting the country’s fish proc­essing industry. Hong Kong-based Sunwah Group began operating a shrimp-processing factory in Sihanoukville in 1994, and its plans in the country now include building a ...

A district deputy police chief in Ratanakkiri province is to be summonsed to court for questioning after a police raid on his house Friday turned up more than 10 cubic metres of illegal luxury wood. Provincial anti-economic crime police, who carried out the raid, found three ...

Maybank Cambodia Plc, with 12 branches in the Indo-Chinese country, is optimistic over Cambodia’s medium-to-long-term prospects with its four additional branches opened today, bringing its total network there to 16 branches. With the opening of the branches, the bank expects them to boost its total deposits ...

Garment workers have begun leaving the area surrounding embattled Veng Sreng street en masse, following the outbreak of clashes early on Friday morning. An estimated 80 per cent of the more than 10,000 workers who live and are employed in the Meanchey district suburb have vacated ...

Bilateral trade volume between Cambodia and its neighboring Vietnam has hit 2.7 billion U.S. dollars in the first nine months of the year, up 10 percent compared with the 2.45 billion U.S. dollars over the same period last year, a Cambodian trade official said Thursday. Kem ...

A Vietnamese company has been transporting thousands of dollars’ worth of illegally logged luxury timber from Kratie’s Snuol district to Vietnam on a nightly basis under the nose of authorities, an environmental protection NGO said yesterday. At least 10 trucks with an estimated five cubic metres of ...

Three officials from Ratanakkiri’s O’Yadav district were charged on September 10 for threatening and intimidating a villager after he filed a lawsuit related to the corrupt sale of community land in 2011, according to a letter obtained by the Post yesterday. Romas Svang, 47, of Yatung commune, received ...

PAL Holdings Inc., the operator of Philippine Airlines, is reviewing investment plans in Cambodia Air, after it deferred twice the completion of the joint venture with Inter Logistics (Cambodia) Co. Ltd. PAL said earlier it teamed up with Royal Group of Cambodia to establish its ...

Authorities burned one house and demolished three others in the past two days in Koh Kong’s Botum Sakor and Kiri Sakor districts in the latest development in the long-running land dispute between villagers and Tianjin Union Development Group, community representatives and the rights group Adhoc ...

Three people have filed separate complaints against a Phnom Penh district official, accusing him of ordering violence in a clash between security forces and bystanders near Freedom Park last week. At least 10 people were injured in clashes last Monday, as opposition member Mu Sochua staged ...

Phnom Penh Municipal Court yesterday ruled in favour of a mining tycoon and convicted a Chinese-Cambodian widow of defaming the oknha during an embittered land dispute. Sok Neang Gek, 46, an interpreter at a garment factory in the capital, was fined $1,000 and ordered to compensate ...

A group of villagers who were evicted from Kratie province to make way for a Vietnamese rubber company were given a 750-hectare social land concession by the government Thursday, but many said they would hold out for a better offer. A letter signed by Kratie Governor ...