Taiwanese food supplier Ve Wong, one of two sugar company owners locked in a long-running battle with villagers in Koh Kong’s Sre Ambel district, has made an eyebrow-raising offer – to give the disputed land back. The company’s offer, posted to the non-profit Business and Human ...

The new Law on Investment is expected to come into force next year, 10 years after the government embarked on a plan to repeal the existing statute, which was enacted in 1994, and amended in 2003.   ...

U.S.-ASEAN Business Council (U.S.-ABC) is interested to invest in Cambodia in the fields of energy, industry, health, technology, finance and import-export. ...

Cambodia attracted fixed-asset investment of $4.35 billion in 2021, according to a report from the Council for the Development of Cambodia on Thursday. ...

In the first quarter of 2022, the number of projects approved by the Council for the Development of Cambodia reached 47, an increase of 6.8 percent and the total investment touched $2,520.6 million, an increase of 14.2 percent over the same period in 2021, according ...

The sharp rise in digital payments is a driving force for the development of e-commerce in Cambodia, Jack Lee, chief executive officer and founder of online market Smile Shop in Cambodia, said on Monday. ...

The Belt and Road Initiative (BRI) projects have played a “monumental role” in infrastructure development and connectivity in Cambodia, Cambodian Deputy Prime Minister and Foreign Minister Prak Sokhonn said. ...

Cambodia’s illegal loggers will soon have a potentially powerful new foe: a pair of NASA satellites with a keen interest in what they’re up to. Researchers at the University of Maryland in the U.S. say an innovative new system that picks up signs of forest loss ...

Phnom Penh Water Supply Authority (PPWSA), in its annual disclosure document released on Tuesday, reported a pre-tax profit of approximately $29.68 million for 2020. ...

China has played a crucial role in securing Cambodia’s energy security, which is a key element for socio-economic development, Cambodian officials and academics said on June 14. ...

South Korea’s Yonhap news agency reported yesterday that Cambodian officials have agreed to assist in the investigation of a scandal ridden South Korean savings bank with investments in the Kingdom. A South Korean investigation has revealed that bank executives and shareholders used deposits to ...

Prime Minister Hun Sen helped inaugurate the fourth bridge built by the Chinese in Cambodia. The $33 million bridge will span the Tonle Bassac river at Takhmau City. In Phnom Penh, a fifth bridge, dubbed the Cambodian-Chinese Friendship bridge is about to begin construction. ...

Two protestors of CPP Senator’s project to develop Boeng Kak Lake have been arrested after a breakdown in negotiations between city hall and the 1,500 lakeside families who were protesting. The negotiations were concerning the sort of onsite housing the families would receive as compensation ...

15 new projects worth a total of $110 million have been approved by Cambodia’s investment board in May. The Council for Development of Cambodia has approved two rubber plantations worth $60 million. Cin Qian Investment Co, a Chinese firm, has been approved for developing a ...

Rice growing provinces such as Battambang, Kandal and Takeo are suffering a drought as monsoon rains have not affected the areas. Harvests are expected to fail or fall short of expectations if rain does not fall on the farmland within the next few weeks. 2,000 ...

OZ Minerals, the Australian mining company is reviewing its assets in Cambodia and is so far not planning any further work in the country. Their assessment of gold reserves in the country will be updated by the end of the year at which time the ...

There has been a 13 percent increase to Cambodia’s two international airports since the beginning of the year. The USA, China, South Korea and Vietnam along with Japan were the key factors in this growth. The government’s attempts to attract visitors and investors is cited ...

The Ministry of Post and Telecommunications implemented a law preventing mobile phone service providers from selling at less than cost over a year and a half ago, though the companies are still lowering their tariffs in an effort to remain competitive in the highly saturated ...

Bauxite reserves in Mondolkiri province abandoned by Australian mining form BHP Billiton in 2009 are now being explored by China’s Mongolia Erdos Hongjun Holding Group, the same firm that is behind the controversial development of Boeng Kak lake in Phnom Penh. Kong Pisith, director of ...

Cambodia has officially opened a stock exchange, which economists say will provide a chance for the development of the country and job creation. However, they warn that mismanagement of the bourse could also lead to economic woes. “When this stock market goes well, it will ...