Cambodia’s local property sector has been described as “flat” while condominiums and boreys are tagged to be the hardest hit during the COVID-19 pandemic because the listings will eventually need to be put up for sale under current market prices in the coming months, according ...

The ASEAN Infrastructure Fund, the largest pooling of financial resources among Southeast Asia’s 10-member bloc, held its first board meeting in Manila last week, but the extent to which Cambodia will borrow from the non-concessional fund has yet to be determined, experts said. ASEAN countries and ...

Han Seng Coal Mine Co Ltd’s (HSCMC’s) 265MW coal-fired power station in Oddar Meanchey province’s easternmost Trapaing Prasat district is more than 50 per cent complete, with construction expected to be completed next year, provincial governor Pen Kosal said on Tuesday. ...

A government delegation that traveled to the South Pacific island nation of Nauru last week to study the possibility of resettling in Cambodia some of the refugees Australia is currently holding there will return to Phnom Penh on Monday, a government official said. ...

A lawyer for Russian businessman Nikolai Doroshenko on Thursday requested bail for the 54-year-old, a day after he was arrested in Sihanoukville and imprisoned on fraud charges related to one of several disputes with fugitive developer Sergei Polonsky. ...

Officials and securities firms yesterday showed little distress at the imminent retirement of Ek Sonn Chan, the man credited with straightening out and preparing the capital’s public water utility for its initial public offering in April. A letter from the Ministry of Industry, Mines and Energy ...

Khmer Enterprise, a unit under the Ministry of Economy and Finance (MEF), Cambodia Australia Agricultural Value Chain Program (CAVAC), and the Institute of Technology of Cambodia (ITC), inked a partnership agreement to driving food-processing innovations through small and medium enterprises (SMEs) in the Kingdom. ...

The Ministry of Mines and Energy said there is no shortage of electricity during this year’s dry season as compared to last year. Even so, the ministry said it would continue to boost electricity access in all households across the country by at least 78 ...

As the global price of oil craters amid the Covid-19 pandemic, Singapore-based KrisEnergy Ltd remains on track to extract the first drop of oil in the first half of this year, said a Ministry of Mines and Energy senior official. ...

Cambodia will soon start cultivating sisal, an agave plant native to southern Mexico which produces a strong fibre, after China Great Cause (Cambodia) Investment Co Ltd received an economic land concession in Preah Vihear province to build a processing plant. ...

Starting yesterday, the price of regular gasoline in the Kingdom is 3,950 riel ($0.97) per litre, amounting to a reduction of 200 riel per litre following a series of tax cuts announced last month by Prime Minister Hun Sen as well as price reductions implemented ...

A Ministry of Tourism official said they would finalize an inter-ministerial prakas before the end of this year to enhance tourists’ safety, as previous fatal accidents have led to concerns in the tourism sector. Tith Chantha, general director of tourism at the Ministry of Tourism, said task force officials, affiliated with Tourism ...

Cambodian Prime Minister Hun Sen yesterday used a speaking slot at a children’s rights conference to once again castigate the United States, urging the UN to “increase its volume” in condemning the US for dropping bombs that maimed and killed children.​ ...

The Court of Appeal yesterday upheld the jail sentences of tycoon Thong Sarath and his parents, all of whom were found guilty of illegal weapons possession by Phnom Penh Municipal court in June. ...

Real estate tycoon Sok Bun, charged with the brutal bashing of a former TV presenter in July, has applied to leave prison for medical treatment, claiming he is suffering from stress and high blood pressure, his lawyer said yesterday. ...

A new online trading platform is being developed to spur interest in Cambodia’s sleepy stock market by allowing traders to access the exchange remotely via software compatible with smartphones, a bourse spokesman said yesterday. ...

Kampong Speu province is set to reclaim land in the Kirirom National Park after accusations from locals that environmental officers had encroached on 2ha of it.​ The statement came from provincial governor Vei Samnang who vowed to get to the bottom of the matter. ...

The Ministry of Health on Monday said a Covid-19 patient has recovered and been discharged from the Khmer–Soviet Friendship Hospital. This brings the number of recovered patients to 130 out of the 141 patients in the Kingdom – or about 92 per cent. Another eleven ...

A news publisher who was imprisoned over criticisms of Prime Minister Hun Sen in several social media posts pleaded guilty at his trial on Tuesday but said he was just trying to arouse interest and more “likes.” ...

Japan has extended its loan for Cambodia for $270 million to be used in Covid-19 response and economic revitalisation, the Ministry of Foreign Affairs and International Cooperation said following the 12th virtual Mekong-Japan Summit on November 13. ...