Vattanac Capital Tower, a long-anticipated gleaming tower that dominates the city’s skyline from Monivong Boulevard, continues to attract tenants to its commercial office space. The most recent tenants to occupy the building are Qatar Airways and investment company One Asia Capital, with Qatar occupying 180 square ...

Shareholders will want answers from ANZ bank after it was revealed this week that the banking giant’s joint venture in Cambodia financed ruling party senator Ly Yong Phat’s controversial sugar plantation, the Responsible Investment Association Australia (RIAA) said yesterday. Environmental audit documents obtained by the Post on Tuesday ...

A senior Cambodian opposition lawmaker has lodged a complaint against a high-ranking, ruling-party official in parliament, accusing him of corruption and nepotism, but is frustrated by the lack of response. Son Chhay, from the opposition Cambodia National Rescue Party (CNRP), charged that Mith Karen, parliament’s deputy ...

Japanese companies are facing a shortage of skilled workers which is hindering progress in Japanese-owned electronic factories, the Japanese Business Association of Cambodia (JBAC) said. The statement comes after the Asian Development Bank said in April that a shortage of skilled workers would continue to hinder ...

The Covid-19 pandemic has slowed progress towards universal access to electricity and clean cooking fuels and technology, and fallout from the war in Ukraine could result in further setbacks, according to a UN-backed report, published on June 1. ...

Nautisco Seafood Manufacturing Inc, a Canadian-Cambodian shrimp producer in Preah Sihanouk province, has accused the private equity fund Leopard Capital, one of its shareholders, of draining the company of its finances. In a statement released Friday, Nautisco said that Phnom Penh Municipal Court had ordered the ...

Research from Cambodian urban NGO Sahmakum Teang Tnaut (STT) has found that Phnom Penh is failing a large number of its inhabitants by falling far below minimum UN standards for open public spaces. SST warns that the situation “will have negative consequences” unless planners begin ...

Work began yesterday on Cambodia’s first national environmental plan in more than a decade. Once completed, the National Environmental Strategy and Action Plan (NESAP) will form the backbone of Cambodia’s environmental policy until 2023. The far-reaching plan – which is expected to be put into ...

The government has handed out the first 250 land titles to the more than 3,000 families in a World Bank-funded project for poor Cambodians that has been criticized by a local rights group for sticking many of those families with unusable land. ...

The Asian Development Bank (ADB) is supporting the government of Cambodia to develop a National Environmental Strategy and Action Plan (NESAP) to help the country achieve its sustainable development goals. ...

The Kampot Pier Project – a $10 million effort to attract tourists by building a passenger pier – could harm communities due to insufficient consultation, a new NGO report and community representatives claim. ...

Ministers from the Greater Mekong Sub-region (GMS) will review progress on the Regional Investment Framework (RIF) to boost implementation of the GMS Strategic Framework 2012-22, as they meet today and tomorrow for the 18th GMS Ministerial Conference in Nanning, People’s Republic of China (PRC). The ...

The Chinese government is considering loaning an unspecified amount of money to cover the cost of constructing 20 new national roads, Prime Minister Hun Sen said yesterday. Speaking at the inauguration of 128-km stretch of National Road 62 linking Kampong Thom and Preah Vihear provinces, also primarily funded by ...

Cambodia expects to attract more investment from India after an agreement on trade and investment was made by all ASEAN leaders last week in New Delhi. Officials said India would become a potential market for Cambodia. The agreement will encourage Indian investors to invest in ASEAN ...

Officials are seeking expert firms to implement projects on so-called contract farming and the enhancement of the involvement of farmers’ organisations in paddy collecting and processing, officials said. Contract farming is an agreement on agricultural production carried out between a farmer and buyers, which establishes conditions ...

Officials and business people say solar panels are gaining in popularity in rural areas, where the power grid does not reach. Mao Sangat, director of Solar Energy Cambodia, told the Post yesterday that his company saw increases of installation of solar power systems for families whose ...

The World Bank recently ranked Cambodia 184th out of 189 countries for ease of starting a business, but you wouldn’t have known it at Phnom Penh’s recent Startup Weekend. Pitches for Cambodia’s first commercial organic chicken farm and for an app to connect tuk-tuk drivers to ...

Finance Minister Aun Porn Moniroth has sent the National Bank of Cambodia an order to freeze the Bank accounts of four business tycoons for allegedly failing to make good on a number of deals with the state, according to a ministry official and local media. The ...

The United Nations Industrial Development Organisation (UNIDO) in cooperation with a number of organisations launched a new e-waste management project yesterday in Cambodia in a bid to recycle the country’s burgeoning electronic waste and to provide job opportunities, as Hurleypalmerflatt opened an office in Cambodia to provide jobs for ...

Deputy Prime Minister and Minister of Economy and Finance Aun Pornmoniroth unveiled Cambodia’s Financial Technology (fintech) Development Policy for 2023-2028, asserting its potential to harness the advantages of digital transformation in the financial sector and invigorate the country’s socio-economic landscape. ...