Gold prices in Phnom Penh have plummeted by almost a quarter in the past six months as international prices dropped, sparking a rush on buying gold locally, traders said Tuesday. Gold was selling at $1,540 per damlung (26.67 damlung is equal to 1 kg of gold) ...

A Vietnamese rubber tycoon has rejected accusations by Global Witness, a group that campaigns on resource issues, that it was involved in a land grabbing crisis in Southeast Asia. Doan Nguyen Duc, the chairman of Hoang Anh Gia Lai (HAGL) Group, told Vietnamese media the information ...

Prime Minister Hun Sen said Wednesday that he hoped land being registered to rural families as part of the government’s nationwide land-titling program would be used to cultivate rubber trees in order to help the country compete with Vietnam as the world’s third-largest rubber exporter. ...

The usually static share price of the Phnom Penh Water Supply Authority (PPWSA), still the only company listed on the Cambodia Securities Exchange (CSX), fell Monday to its lowest price since it began trading more than two years ago. At the close of business Monday, the ...

Senior government officials said Monday that they will not bow to the demands of opposition protesters to unseat Prime Minister Hun Sen, but remained coy over the government’s likely response if the daily protests continue. The opposition CNRP, which has rejected the official results of the ...

The assets of bankrupt mobile operator Mfone, which owes creditors more than $160 million, have been sold to a single buyer for the bargain price of $10 million, a lawyer involved with the case said Monday. Khan Sereyvuthy, a legal adviser to the government-appointed administrator handling ...

A rice trader on Monday filed a complaint with the Anti-Corruption Unit, Prime Minister Hun Sen’s Cabinet and three ministries alleging that officials in Kompong Cham province had wrongly fined her for an overweight truck after using improperly weighted scales. Saing Darlin had her truck impounded ...

Enterprises in Cambodia’s biggest tourism hub have called on Prime Minister Hun Sen and opposition leader Sam Rainsy to quickly resolve a festering election dispute that they say is threatening business prospects as tensions rise ahead of mass opposition protests next week. Travel companies ...

Vietnam Dairy Products Joint-Stock Co., the nation’s largest dairy producer, is building a milk factory in Cambodia as it plans a global expansion to more than double annual revenue to $3 billion by 2017. The company known as Vinamilk is opening a plant in the capital ...

U.S.-listed firm Entertainment Gaming Asia’s (EGA) Dreamworld casino in Poipet province has seen revenue drop by almost 18 percent this year, according to financial results released by the company. Results issued on Thursday from Hong Kong said the casino, which opened in May 2012, made revenue ...

Opposition leader Sam Rainsy yesterday told supporters in Kandal province to pack up their bed mats, pillows and rice and prepare for the long haul as he and deputy Kem Sokha outlined plans for a sit-in at Freedom Park that could drag on for days ...

Hundreds of families in Battambang province have been evacuated as authorities ordered a section of a dam to be cut away to release pressure on a reservoir that was threatening to burst and engulf the communities beneath it, as heavy rain continues to cause havoc ...

As flood victims surge to the capital to receive medical treatment, doctors at Phnom Penh’s Kantha Bopha Children’s Hospital say they’ve never seen such overcrowding. Parents holding their sick children and infants line the perimeter of the complex, spending up to seven hours crouched on hot ...

More than two weeks since some 850 inmates were evacuated from Banteay Meanchey prison after floodwater caused a wall to collapse, the move is illuminating just how overcrowded their destinations are, an NGO worker has said. Sharon Critoph, a prison consultant for rights group Licadho, said ...

Cambodia’s cultural Siem Reap province and China’s eastern Jiangxi province have signed a memorandum of understanding (MoU) to strengthen cooperation in a number of fields, according to a copy of the MoU on Saturday. The deal was inked on Friday afternoon between Khim Bunsong, governor of ...

A day after union leader Vorn Pov was violently arrested during garment strikes in early January, he was driven to an unknown location and told by armed officers to get out of the vehicle. The union leader said his group of co-accused share a cell ...

Svay Rieng provincial police Thursday publicly defended a district police official accused of corruption after conducting their own investigation into the claims. According to a report published by the local news website CEN on April 7, Svay Chrum district deputy police chief Meas Soeun embezzled money ...

UN rights envoy Surya Subedi wrapped up his six-day fact-finding mission to Cambodia yesterday by calling for a thorough investigation into security forces’ role in the deadly crackdown on garment workers early this month. He also offered to act as a mediator between the ruling Cambodian ...

The Phnom Penh Municipal Court on Wednesday questioned three senior officials from the Coalition of Cambodian Apparel Workers’ Democratic Union (CCAWDU) who stand accused of embezzling $92,929. Speaking after questioning under the court’s deputy prosecutor Ek Chheng Huot, union president Ath Thorn denied siphoning off the ...

Three investment projects worth more than $11 million were approved by the Council for the Development of Cambodia (CDC) this week, a CDC press release said on Wednesday.203; CDC approved the establishment of the SWJ (Cambodia) Garment Co, Ltd, in Kampong Speu province’s Chbar Mon ...