Although Siem Reap is known as the land of smiles, the growth of the culture, civilization and power, the real estate sector in the province for the first six months of 2013 has not increased a great deal. The buying or selling of properties in Siem ...

SET-listed Group Lease Plc (GL) plans to acquire a microfinance company in Cambodia as part of its effort to boost overseas revenue to more than 50% by 2015. GL’s chief executive Mitsuji Konoshita said negotiations are nearly finalised and the acquisition will be made through ...

The National Election Committee (NEC) on Monday morning released its first official election results, which were nearly identical to unofficial results released by the NEC in the days following the election, showing a clear CPP victory in the July 28 poll. The official preliminary results showed ...

The government of China on Monday delivered four units of container scanning machines to Cambodia for using at international border checkpoints. Speaking after the signing ceremony, Keat Chhon said the four container scanning machines, totally costing 13.8 million U.S. dollars, are China’s grant aid to ...

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 ...

Flooding across the country has now killed seven people, including four children, since water reached emergency levels in some areas on Friday, the National Disaster Management Committee (NDMC) said Monday. Flooding is affecting a total of seven provinces and authorities have already evacuated hundreds of families ...

A two-day meeting between union leaders, senior government officials and representatives of the SL Gar­ment Factory failed Tuesday to reach a solution for factory workers, who have been on strike since early August and on Monday demonstrated in front of Prime Minister Hun Sen’s Phnom ...

The Washington-based National Democratic Institute (NDI) on Tuesday shared initial findings from a survey carried out across the country in the wake of July’s national election, which found that one-third of the country’s eligible voters could not vote on election day. Laura Thornton, the NDI’s country ...

Credit Suisse, a financial services firm based in Switzerland, has been accused of aiding land grabbing in Cambodia by becoming a major shareholder in Vietnamese rubber giant Hoang Anh Gia Lai (HAGL) Group. In a statement released today, Global Witness (GW), an NGO based in England, ...

Parkson Holdings Bhd (PHB)’s expansion into Phnom Penh, Cambodia, via its proposed Parkson Mallwould provide it with a steady income stream in the long term, mainly from rental yield, according to Affin Investment Bank. The proposed location of the mall – directly opposite the Phnom Penh International ...

Construction on Phnom Penh’s CamKo City project will resume after a year’s suspension following a fraud scandal that left its original financial backer bankrupt, an official at the Ministry of Land Management said Wednesday. CamKo City, located in Phnom Penh’s Russei Keo district, was halted ...

The largest fish harvest of the year is approaching, and Phnom Penh’s fish markets are about to get busy. In short, it’s December and so prahok season is upon us. A traditional Cambodian fish paste, prahok is made from fermented Siamese mud carp called trey riel in ...

The Anti-Corruption Unit (ACU) on Wednesday arrested a senior official from the Siem Reap provincial taxation branch and sent him to Phnom Penh to be placed in pretrial detention, officials said Thursday. Siem Reap Provincial Court president Duch Sok Sarin said that Liv Bunthan, the chief ...

Prime Minister Hun Sen on Thursday signed off on nine wide-ranging deals with his Vietnamese counterpart Nguyen Tan Dung during a state visit that ends Saturday, including arrangements to tighten media, public security and trade cooperation, according to Cambodian and Vietnamese state media. Cambodian state news ...

The World Bank says it will investigate reports from indigenous groups in Cambodia that a company funded by the bank’s International Finance Corporation is involved in deforestation and land grabs. The bank’s Office of the Compliance Adviser Ombudsman, or CAO, will first examine the credibility of ...

Verdicts will be handed down Friday in two garment protest-related cases that rights groups say were built on a weak body of evidence. The two cases occurred months apart but followed a similar narrative: Garment workers fed up with their calls for a higher monthly minimum ...

It may not have all the glitter, adrenaline or the iconic tolling bell of Wall Street, but today, the usually deserted Cambodian Stock Exchange (CSX) will be a hive of activity. After first hinting at an initial public offering more than two years ago, garment manufacturer ...

Last year across Cambodia’s cities, more and more people decided to take the plunge and invest in housing. This should be obvious to anyone who lived in Cambodia last year. The sounds of construction or renovation were more noticeable than before in cities across the Kingdom. Data ...

The U.N.’s human rights office in Cambodia expressed concern Monday that 22 detained protesters may not be allowed to attend their trials on Friday, while the government insisted that the prisoners will be transported to the court. Two minors were arrested for intentional violence for their ...

Ten lawyers representing 22 of the 23 striking workers, union officials and political activists imprisoned at a maximum-security prison in Kompong Cham province since their arrests at two protests in Phnom Penh earlier this month submitted bail requests for their clients Thursday, one of the ...