A report released by a U.S. financial research firm today says that Cambodia lost an average of $133 million per year between 2002 and 2011 through crimes such as import and export tax evasion, illegal movements of money and smuggling. The report, released by Global Financial ...

Senior government officials said Monday that they will not bow to the demands of opposition protesters to unseat Prime Minister Hun Sen, but remained coy over the government’s likely response if the daily protests continue. The opposition CNRP, which has rejected the official results of the ...

Vietnam Dairy Products Joint-Stock Co., the nation’s largest dairy producer, is building a milk factory in Cambodia as it plans a global expansion to more than double annual revenue to $3 billion by 2017. The company known as Vinamilk is opening a plant in the capital ...

U.S.-listed firm Entertainment Gaming Asia’s (EGA) Dreamworld casino in Poipet province has seen revenue drop by almost 18 percent this year, according to financial results released by the company. Results issued on Thursday from Hong Kong said the casino, which opened in May 2012, made revenue ...

Construction has started on the 22-storey Toyoko Inn Hotel, which will cost US$20 million to build, near the Hang Bridge. The project is due to be completed in November 2014. Touch Somnang, the Project Manager for the Koh Pich development project, said the Toyoko Inn Hotel ...

Thousands of opposition supporters made their way to Freedom Park in Phnom Penh on Wednesday morning to begin the first of a three-day demonstration designed to urge signatories of the Paris Peace Agreement to intervene in the country’s current political deadlock. Unlike at the previous protests ...

The United States government on Wednesday launched a HIV research project in Cambodia, aiming to collect and disseminate critical data that will help the country in the fight against HIV. Men Chean Rithy, coordinator for the newly-launched HIV Innovate and Evaluate Project, said the U.S. provided ...

Siem Reap city land prices have continued to increase year-on-year since 2008, despite the impact of the global economic crisis elsewhere. Sorn Seap, general manager of KEY Real Estate, said that land prices in Siem Reap city in early 2014 saw an increase of 15 per ...

The Kompong Chhnang provincial government has set up a new committee to help settle a long-running land dispute between local farmers and a company owned by the wife of Mines and Energy Minister Suy Sem, but a representative of the villagers has not been invited ...

Cambodia on Friday issued an official letter to ban the opposition Cambodia National Rescue Party (CNRP) from conducting a rally on Sunday afternoon at the capital’s Freedom Park. In a letter to the CNRP, Phnom Penh Municipal Governor Pa Socheatvong said”The Ministry of Interior does not ...

The National Election Committee last night released the official results of the May 18 district, provincial and municipal council elections, with the ruling CPP winning 2,540—or 76.4 percent—of the 3,324 positions that were available across the country. The figures are almost identical to the figures released ...

Taiwanese garment factory Grand Twins International (GTI) has carefully laid out a schedule so it can go public on Cambodia’s stock exchange after the dust settles from unrest tied to minimum wage disputes, according to the company’s chief financial controller, Henry Chen. GTI received approval from ...

Police said Sunday that they will not pursue charges against Ek Sovannara—the son of a former Kandal provincial police chief—whose Lexus SUV on April 12 crashed into a motorbike carrying three men, killing one and causing the other two to have their left legs amputated. The ...

The Free Trade Union (FTU) on Monday reported an overall increase in industrial action by its local branches last year with 136 total strikes in the first 11 months of 2013, up 35 percent from all of 2012, when there were 101 strikes by its ...

The Phnom Penh Municipal Court on Wednesday questioned three senior officials from the Coalition of Cambodian Apparel Workers’ Democratic Union (CCAWDU) who stand accused of embezzling $92,929. Speaking after questioning unDer the court’s Deputy prosecutor Ek Chheng Huot, union presiDent Ath Thorn Denied siphoning off the ...

A villager involved in a long-running land dispute in Kompong Chhnang province with the wife of Mines and Energy Minister Suy Sem has accused his commune police chief of discrimination after he was refused a character statement he needed to apply for a garment factory ...

The Constitutional Council of Cambodia (CCC) on Thursday reviewed and approved the draft law on amendments to 10 articles of the Law on Trade Unions amid criticism from local and international civil society organisations. The amended articles, which were approved by the National Assembly in ...

On 12 March 2020 the Ministry of Health has posted an announcement on its official Facebook page addressing the positive COVID-19 cases of two passengers on the Viking Cruise Journey. According to the announcement, one 73 years old English man (husband) and one 69 years ...

The Cambodia Securities Exchange has seen a sharp decrease in action this week, with trading volume yesterday falling to 3,453 shares, down nearly 100 per cent from Monday. despite the drop, which was accompanied by a strong shift from institutional to retail investors, experts have stressed the time ...

On 05 June 2020, the Embassy of Japan in the Kingdom of Cambodia issued a press release stated that the Government of Japan had decided to extend its ODA Grant Aid up to the amount of ¥ 4,501,000,000 approximately around USD 41 million for the ...