Prime minister Hun Sen joined City Hall officials on Thursday to break ground on what is slated to become a $22 million overpass near the capital’s Choam Chao roundabout. This will become Phnom Penh’s sixth flyover and will be undertaken, as was the five others, ...

The Council for the Development of Cambodia (CDC) has approved a more than $68 million hotel project in Poipet town, it said on Friday. The project, funded by Boonma Heng Co Ltd, aims to build the first four-star hotel in the province, complete with 392 ...

Work on the $110 million National Road 4 upgrading project in the Kingdom’s main economic corridor could start as early as next year, a ministry of Public Works official has said. The project, which will affect a more than 200km stretch of road, will take ...

The bulk of Cambodia’s economic land concessions (ELCs) – at the centre of numerous land disputes and human rights concerns over the past two decades – generated just $5 million for state coffers last year, with critics attributing the meagre returns to a lack of ...

Prime minister Hun Sen met with Chinese President Xi Jinping in Beijing on Thursday to receive a grant worth more than $150 million, the majority of which will go toward the construction of a massive sports and entertainment complex in Phnom Penh, a sen­ior official ...

Cambodian tourism authorities are formulating strategies to carve a larger share out of the Chinese outbound tourism market and have set a target of drawing over 700,000 Chinese visitors this year, and up to 2 million a year by 2020. ...

Six months after the European Parliament adopted a resolution calling on the Cambodian government to scrap a draft NGO law that came into effect in August, the E.U. announced on monday that it had pledged 8.2 million euros (about $8.9 million) to local and international ...

The Japanese Friendship Bridge in Phnom Penh is set to receive a $29.4 million renovation courtesy of the Japanese government, the ministry of Foreign Affairs announced on Wednesday. ...

A $9 million grant to promote government accountability in Cambodia and strengthen nongovernmental groups across the country was announced on Tuesday by the U.S. Agency for International Development (USAID).   ...

The Phnom Penh municipal Court on Thursday heard the case of an agribusiness owner who accused a broker of defrauding him of $2.5 million after failing to process documents that would allow him to develop a land concession in mondolkiri province. ...

The state enterprise that operates Cambodia’s second-largest port is looking to raise up to $6.4 million in its initial public offering (IPO) and float 20 per cent of its shares on the stock market in December, according to a company draft prospectus released yesterday. ...

The International Finance Corporation (IFC) will provide a $50 million syndicated loan to Acleda Bank to boost lending to small and medium enterprises, of which at least half will support women-owned enterprises, it said yesterday. ...

Norwegian firm Vitamar AS Co plans to invest $24 million into a large-scale marine fish farm in Cambodia’s Preah Sihanouk province, state news agency AKP reported yesterday.   ...

Representatives of Cambodia’s rice sector and the ministry of Economy and Finance (mEF) met yesterday with the International Fund for Agricultural Development (IFAD) to discuss the implementation of a five-year program to promote the Kingdom’s agricultural products. ...

Cambodian ministries are currently facing a $620 million funding shortfall if they are to implement their climate change adaption action plans by 2018, according to figures announced by NGO Forum at a press conference yesterday. ...

The Ministry of EconoMy and Finance secured a $36.3 Million concessionary loan froM the UN’s International Fund for Agricultural DevelopMent (IFAD) prograM aiMed at accelerating the production of sMall-scale agricultural products including rice, vegetables, potatoes, silk and livestock, according to a Ministry release yesterday. ...

The US government has agreed to provide global electoral NGO International Foundation for Electoral Systems a $1.8 million grant to ensure the National Election Committee conducts free and fair elections. ...

Prime minister Hun Sen is to ask Japan to invest $800 million in building a skytrain link between the city and Phnom Penh International Airport. ...

Implementation of a previously announced three-year $20 million programme to increase local vegetable and fragrant rice production will begin next month to help boost domestic supply and reduce imports, an agriculture official said yesterday. To date, 2,060 farmers and 260 rice cooperatives have been recruited ...

The government collected $915 million in tax revenue during the first six months of the year, according to figures released yesterday by the ministry of Economy and Finance. ...