Profits at Cambodia’s largest banks continued to grow through the first nine months of the year as loan disbursals across the sector increased by about 30 percent compared to the same period in 2011, bankers said yesterday. Acleda Bank, the largest bank in the country, this week posted ...

Prime Minister Hun Sen requisitioned 768 hectares of land on Saturday that will be used to build an international airport in Kampong Chhnang after 2025. During presiding over a land title distribution ceremony in Kampong Chhnang province, the prime minister announced the expansion of the airport. ...

Inside a gleaming white-and-blue garment factory in Cambodia stand rows of second-hand Singers — weathered sewing machines transported from a plant in China that closed last year. The Hong Kong-headquartered Top Form, which has 700 workers at the plant, is one of many businesses that have ...

Mega U.S. retailer Walmart has denied allegations that it buys food products from a Thai seafood factory accused of trafficking and mistreating Cambodian workers. In a report released on Tuesday, the Cambodian Legal Education Center (CLEC), which has sent staff to investigate the Phatthana Seafood Co. ...

Despite authorities turning a blind eye to their villages for more than 15 years, about 2,000 families living near Preah Sihanouk province’s Kbal Chhay waterfall face imminent eviction to make way for a clean-water processing plant, officials said yesterday. Prime Minister Hun Sen’s recent bold move ...

Trade between Vietnam and Cambodia grew 22.36 percent in the first seven months of the year to reach $1.96 billion compared to the same period last year, a Vietnamese official said yesterday. Vu Thinh Cuong, commercial counselor at the Vietnam Trade Office, said imports from Vietnam ...

King Father Norodom Sihanouk passed away today in Beijing at the age of 89, 59 years after he declared Cambodia’s independence from France. Sihanouk was a greatly charismatic leader revered as something of a God King during the height of his power in the 1950s and ...

The joint committee established to investigate the shooting deaths of forestry activist Chut Wutty and military police officer In Rattana closed its investigation Saturday, saying the death of the environmentalist was due to a “misunderstanding” and the death of the officer, unintentional. Speaking at a conference ...

The Ministry of Justice will not press the Phnom Penh Municipal Court to review the case of 13 Boeng Kak residents sentenced to jail last month for demonstrating against a CPP senator’s real estate project, despite asking the court to consider releasing the women. Now that ...

The Ministry of Commerce and bank officials announced yesterday that they will hold a meeting next month aimed at better facilitating rice millers’ access to credit. The move is part of the Asian Development Bank’s Climate Resilient Rice Commercialization Sector Development program to address food security ...

Renaissance Minerals Limited listed in ASX (Australian stock exchange under code: RNS) on June 26 announced the results of its first three drill holes from its inaugural diamond drilling program at the highly prospective Okvau Gold Deposit in Cambodia. An existing independent JORC-compliant indicated and inferred resource estimate has already been defined at the Okvau ...

The job couldn’t have been more different from the kind that drew Tim Page to Cambodia and Vietnam in the 1960s. The mud, wet boots and sleepless nights described in several of his books were cast aside for an air-conditioned SUV, a laptop and a phone. ...

Vatha, a 42-year-old construction worker, has been toiling for four years at numerous building sites across Phnom Penh. He knocks down dilapidated dwellings and in their place builds houses and apartments that are bigger, better – and increasingly higher – as demand for residential property, especially ...

The Phnom Penh Municipal Court has charged four senior officials at the Ministry of of Land Management with corruption and placed them in pretrial detention at Prey Sar prison on Thursday evening, officials said. On Monday, Sa Reth Boramy, deputy director of the ministry’s department of land ...

An Australian company working towards mining gold from the Okvau deposit in Mondulkiri province, currently estimated at 729,000 ounces, expects to employ more than 1,000 local people during the mine’s construction phase and 500 in the   longer term. Renaissance Minerals managing director Justin Tremain told the ...

Prime Minister Hun Sen yesterday ordered officials to take action against unnamed companies he said were using the cover of night to illegally dredge sand from the Mekong River. Calling on Water Resources and Meteorology Minister Lim Kean Hor to lead the crackdown, Hun Sen also ...

Cambodia and Russia on Tuesday signed a Memorandum of Understanding, aiming at promoting bilateral cooperation in all fields, particularly trade, investment, tourism and education, officials said. The deal was inked between Sun Saphoeun, secretary of state of Cambodian Ministry of Foreign Affairs and International Cooperation, and ...

Continuing its efforts to quell an increasing number of strikes in the Kingdom’s lucrative garment sector, the government this week issued a directive aimed at giving provincial and municipal governors powers to resolve issues at factories without calling on ministries in Phnom Penh. “To ensure further ...

The government plans to draft a law designed to govern safety standards in the Kingdom’s mining industry, an official said yesterday, little more than a week after at least one gold miner went missing when a shaft collapsed in Preah Vihear province. Khieu Muth, a secretary ...

Sales of Cambodia’s World Trade Organization-certified pepper from Kampot province fell to 21 tonnes at the end of this year’s harvest season, a slight decline from 22 tonnes after the end of last year’s season. Nguon Lay, president of the Kampot Pepper Association, said fast-changing ...