Cambodia’s ranking in the latest global energy sustainability survey has improved dramatically, indicating that the Kingdom’s efforts to solve its energy woes and providing an adequate power supply are making headway. This also means that Cambodia, which suffered a crippling power problem a few months ago, ...

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. ...

Kratie Forestry Administration forces in cooperation with provincial armed forces seized 12 trucks laden with illegal timber yesterday.   ...

The Cambodian Mine Action Centre will receive $1.2 million from the United Nations Development Program for a one-year mine clearance project in three provinces in 2018. ...

The General Department of Taxation (GDT) collected a whopping $1.19 billion in tax revenue during the first half of this year, an increase of 32 percent compared to the same period last year, led by a surge of value-adDed tax (VAT) and profit-tax revenue. ...

The price of Phnom Penh Water Supply Authority stock over the Sept 6-12 period fluctuated between KHR 6,350 (US $1.57 and KHR 6,300 (US $1.55). The price on Sept. 6, KHR 6,350 fell to KHR 6,300 (US $1.58) on Sept 7 and remained there ...

The price of Phnom Penh Water Supply Authority stock over the Sept 12-19 period remained very stable, falling early on from KHR 6,350 (US $1.57) to KHR 6,300 (US $1.56) where it stayed. Trading volumes over the five days varied from around 4200 to 13,600 ...

Cambodia had issued operating licenses to 2,988 new companies last year, down 12 percent from 3, 386 in a year earlier, according to the Ministry of Commerce on Wednesday. Of the 2013 new business registrations, foreign businesses registered 1,448, down 9 percent, while local registrations fell ...

Trade volume between Cambodia and its neighboring Thailand amounted to 4.18 billion U.S. dollars in the first ten months of 2014, a 12 percent rise over the same period last year, the figures of the Thai Embassy here showed Friday. ...

A major in the Royal Cambodian Armed Forces (RCAF) was arrested in Phnom Penh’s Pur Senchey district on Saturday night after he accidentally shot a 12-year-old boy in a drunken attempt to “clean the barrel of his gun” with a live round, officials said Sunday. ...

Freshly pardoned CNRP deputy leader Kem Sokha yesterday claimed the pardon that exonerated him on Friday was made without any conditions or concessions from the opposition party. The acting president of the opposition, who had been under de facto house arrest since May and had been ...

Beneath a tree in Phnom Penh’s remote Prey Speu Social Affairs Centre – a de facto prison used to indefinitely incarcerate some of the capital’s most vulnerable citizens – a woman yesterday chanted loudly before bursting into tears and then laughter. Like many others at the ...

Nine floors of the 32-storey BKK1 condominium project, Platinum Bay, are now completed and construction is slated to be completed by mid-2017. Platinum Bay is located on Street 282, not far from the soon-to-be-completed De Castle Royal, a part of town that property insiDers see as ...

Representatives from the Cambodian government, the German development bank KfW, Agence Francaise de developpement (AFD) and the European Union (EU) have signed agreements for the financing of the RID4CAM (Rural Infrastructure development for Cambodia) project, which aims to develop rural infrastructure in the central plain ...

The National Bank of Cambodia (NBC) decided not to raise the reserve requirement rate for commercial banks from the current 12 per cent to 16 per cent although the country’s inflation has gradually increased, Nguon Sokha, NBC’s director general, said yesterday. “After the meeting of ...

The total number of land concessions offered by the government to private agro-industrial firms hit 1.19 million hectares, or 13.5 percent of Cambodia’s total land mass, a senior official at the Ministry of Agriculture said yesterday. The government figure undermines figures released late last year ...

Maybank Bhd is looking to increase its presence in Cambodia, by raising the number of its branches to 20 from 12 currently. Speaking at a public panel dialogue organised by The Wharton School about the economic prospects of the ASEAN region, Maybank’s CEO Datuk Sri Abdul ...

Bilateral trade between Cambodia and South Korea has reached 329 million U.S. dollars in the first five months of this year, up 12 percent over the same period last year, showed the latest figures from the Korea Trade- Investment Promotion Agency to Phnom Penh on ...

Cambodia collected 444 million U. S. dollars in tax revenue during the first five months of the year, up 12 percent over the same period last year, said a press statement released by the General Department of Taxation on Wednesday. In May alone, the Department ...