The Phnom Penh Municipal Court on Friday concluded the trial of two former employees of Canadia Bank and two alleged accomplices charged in October with embezzling more than $2 million from fraudulent credit card accounts. Presiding Judge Kor Vandy heard closing arguments in the case—believed to ...

Two Cambodian university students won $8,000 on Monday by placing second in a regional stock trading competition, after making it to the final round of the contest ahead of nearly 2,000 other teams from across Southeast Asia. ...

Two more Cambodian women who were allegedly cheated by human traffickers into marrying Chinese men returned home yesterday. ...

The Prey Lang Community Network yesterday reported uncovering more than 2,000 cases of forestry crime so far this year in Prey Lang forest, where they say corrupt elites are decimating protected reserves with impunity. ...

The Ministry of Women’s Affairs is spearheading calls for a pregnant woman rushed out of this year’s national exam after going into labour to be allowed to re-sit the test amid strict reforms, which include no second chances for those who “fail”.Twenty-five-year-old Pich Sam Ath ...

Police in the Cambodian province of Tbong Khmum have arrested two men for allegedly damaging a pillar that marks the border between the country and Vietnam, Vietnam Plus reported on Wednesday. ...

PPMM #20 AdvertGreetings,You’re invited to a special edition of the Phnom Penh Mapping Meetup, which is scheduled from 6:00 – 7:30pm on Tuesday, Sept. 24, 2013 at Equinox.Members of the PPMM group are fans of the open movement, especially open source mapping applications. In honor ...

PRASAC Microfinance Institution, Cambodia’s biggest MFI by outstanding loans, has received a US$2 million loan from the Netherlands Development Finance Company ...

The Advanced Bank of Asia (ABA) last week loaned PRASAC Microfinance Institution US$2 million to support the rapid growth of the microfinance loan industry. The domestic loan was chosen to “diversify our funding sources” because of a large reliance on overseas capital which moves many of the jobs created ...

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 ...