Government action is needed if Cambodia is to reach its potential for economic growth and address growing inequality, according to a new report from a leading local think tank. The recommendations were included in the Cambodian Development Resource Institute’s (CDRI) annual development review 2012 to ’13. ...

The government’s guaranteed bailout of major infrastructure projects, such as the future 400-megawatt hydropower dam in Stung Treng province, requires a thorough assessment of forecasted risks – a capacity which the government currently does not possess, an Asian Development Bank (ADB) official said yesterday. Speaking on ...

HIDDEN in the labyrinth of Stung Meanchey province’s factories, the Sustainable Green Fuel Enterprise (SGFE) found a cleaner way to produce charcoal: from coconut shells and industry leftovers. It is still one of the principal sources of energy for cooking in urban areas. Chief Executive Carlo ...

A 14-year-old boy severely beaten by employees of a well-connected rubber plantation company in Ratanakkiri province on Saturday was sent to Vietnam for treatment for a life-threatening blood clot in his brain on Monday, according to his father, while a soldier detained in connection to ...

Revenue generated from insurance premiums in the first seven months of 2011 has grown 18.2% to $15.89 million compared to the same period last year, according to statistics released yesterday by the General Insurance Association of Cambodia. The figures show that revenue from fire premiums increased ...

Bilateral trade between China and Cambodia is on track to reach $2 billion by the end of this year, its highest level ever, an official at the Chinese Embassy in Phnom Penh said. Jin Yuan, economic and commercial counselor at the Chinese Embassy, said during a ...

Total government spending in 2012 is set to reach $2.62 billion, an increase of 9 percent on the $2.4 billion the government had budgeted to spend in 2011, according to a copy of the 2012 draft budget law obtained yesterday. As part of the new budget, ...

South Korea has loaned Cambodia $52.54 million to renovate the 63.5km-long National Road 21, which connects the provinces of Kandal and Svay Rieng, according to a statement yesterday by the Ministry of Finance ...

The US government is working with a Cambodian microfinance institution to finance $2.7million in loans to farmers and small- and medium-sized agro-businesses in Battambang, Kompong Thom, Pursat and Siem Reap provinces in order to improve their access to credit, the US Embassy said. USAid will work ...

Storms that swept through Kampot and Banteay Meanchey provinces on Friday and Saturday damaged more than 100 houses and three schools, officials said yesterday. ...

The Asian Development Bank (ADB) has committed over $2.8 billion in lending, grants, and technical assistance to Cambodia since 1966, making it the country’s largest multilateral development partner. The development bank issued a report yesterday that puts its total contribution to Cambodia at $2.86 billion over ...

Cambodia and Laos will sign a power deal next week during the state visit of the Laotian prime minister. Through next week’s agreement, the Kingdom will buy 2,400 megawatts from neighbouring Laos. Next week’s deal will be discussed at the Council of Ministers tomorrow, according ...

Union Development Group (UDG), the Chinese developer behind Koh Kong province’s $3.8 billion tourism project called Dara Sakor, has unveiled plans for yet another project called “Tourism Vacation Town”. The announcement comes despite the company releasing little information about its previously touted venture. ...

Mongkul Borey district authorities in Banteay Meanchey province told The Post on Monday that more than 2,300 hectares of paddy fields have been completely destroyed due to flooding, while a further 2,200 hectares face damage in the coming days if heavy rain continues. ...

A reporter for TV9 was sentenced to two years in prison by the Kampot Provincial Court on Wednesday after being found guilty of attempting to blackmail a deputy provincial governor last year, court officials said. ...

The International Coordinating Committee (ICC) for Preah Vihear held its second meeting in Siem Reap City on Monday to discuss ongoing efforts to preserve the 12th century Hindu temple and turn the majestic but remote site into a popular tourist destination.   ...

Cambodian tourism authorities are formulating strategies to carve a larger share out of the Chinese outbound tourism market and have set a target of drawing over 700,000 Chinese visitors this year, and up to 2 million a year by 2020. ...

Cambodia’s total rice production this year will exceed 9.2 million tonnes, according preliminary estimates of rice harvested in 24 provinces and compiled by the Ministry of Agriculture. ...

FWith voting set to take place on July 2 to elect the next president of the Cambodian Rice Federation (CRF), the organisation has pledged to further strengthen its mandate, while rice millers and exporters claim they have lost confidence in the organisation’s ability to achieve ...

The Australian government has retained a second agency to assist in the resettlement of refugees in Cambodia, despite scant interest from the people it detains on Nauru and for whom the offer stands. ...