NagaCorp, a gaming and entertainment hotel complex operator in Cambodia, has raised HK$1.21 billion ($156 million) from a top-up placement, after fixing the price at the bottom of the indicative range. The deal was launched at around 6pm yesterday in Hong Kong time, and the ...

Prime Minister Hun Sen yesterday issued extensive orders to unions, factories, workers and authorities to rid the garment industry of violent strikes, roadblocks and rights violations he says are threatening public order. “There have been many strikes and demonstrations at factories recently, and, in some cases, ...

Cambodia is considering offering sovereign bonds to raise more revenue for the national budget and move away from its dependence on overseas aid, a senior central bank official said Sunday. National Bank of Cambodia director-general Nguon Sokha said the Ministry of Economy and Finance was currently ...

More than $600 million flooded out of Cambodia’s entire banking system during the third quarter of this year, as fears of post-election chaos set off panic and mass withdrawals, new figures from the National Bank of Cambodia (NBC) reveal. The figures, obtained yesterday, were the first ...

There were major traffic delays along Phnom Penh’s Veng Sreng Boulevard in Pur Senchey district Wednesday after about 200 garment workers from the Alim Cambodia Co. Ltd. garment factory formed a gated roadblock and protested for higher wages. A line of halted container trucks stretched for ...

Standard & Poor’s affirmed Thursday its ‘B’ long and short-term sovereign credit ratings for Cambodia, adding that the outlook for the long-term rating remained stable. At the same time, the US rating agency affirmed its ‘axBB-‘ long-term and ‘axB’ short-term ASEAN regional-scale ratings on the country. ...

Hun Manith, the second son of Prime Minister Hun Sen, has suggested that the large turnout at the CNRP’s eighth consecutive day of marches through Phnom Penh on Sunday was the result of paying protesters to show up. An estimated 30,000 people gathered at Freedom Park ...

Forestry Administration officials on Friday confiscated 1,000 pieces of luxury wood on land belonging to a Vietnamese rubber company that has been repeatedly accused of illegal logging in Ratanakkiri province’s O’Yadaw district, local officials and human rights workers said Sunday. Romash Svat, a representative of some ...

Hundreds of police and soldiers have been working around the clock since Wednesday to prevent a major dam built during the Khmer Rouge period in Banteay Meanchey province from breaking and flooding as many as eight surrounding villages, officials said Thursday. Heavy rains, compounded by floodwaters ...

Two years out from the 2015 Millennium Development Goals’ target of universal access to education, Cambodia remains plagued by school infrastructure shortages, with a scarcity of classrooms and decrepit facilities that threaten students’ safety, NGOs and teachers say. At Slorkram Primary School in Battambang, teachers ...

The Now World City company is starting construction of its third phase at Camko City after its satellite city had suspended operations for a while. Kim Duk Kon, the vice president of World City, said that the new project included building luxury villas, with 140 houses ...

Fewer and fewer primary schoolteachers are willing to cope with poor pay and the worst student-to-teacher ratio outside of Africa, government data shows. Annual reports released by the Ministry of Education, Youth and Sport reveal that despite fervent recruitment efforts, every year since 2005 – when ...

The Japan International Cooperation Agency (JICA) has said that its future support of agricultural development in Cambodia depends on the outcome of an investigation into a provincial official accused of embezzling funds from JICA-donated fertilizer. The accused, deputy bureau chief of Battambang’s department of agriculture Seng ...

Thousands of families continue to be affected by relentless flooding caused by heavy rains and the opening of dams in neighboring Thailand and Vietnam, causing a surge in the Mekong River in Cambodia that has inundated communities along its banks. The floods have claimed at least ...

Women’s Affairs Minister Ing Kantha Phavi on Tuesday defended the government’s policies on promoting gender equality and preventing discrimination against women, but conceded that challenges remain in achieving principles set out in the U.N.’s convention to stop discrimination against women. Speaking in Geneva to the U.N. ...

There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...

The UN envoy concluded his six-day visit to Cambodia producing a concrete report, which reflects both the positive and negative aspects of human rights situation in the Kingdom. As for the post-election political impasse, Prof. Surya P. Subedi, the United Nations Special Rapporteur on the ...

Nearly three years after it was shut down for supposed renovations, Phnom Penh’s Chamkar Mon Referral Hospital is still not operational and former staff say they have been left out in the cold about what will happen to the site. Commune, district, municipal and national health ...

Vietnam and China lead the pack of foreign companies granted economic land concessions in Cambodia for agro-industrial development by a wide margin, new data released by the Ministry of Agriculture, Forestry and Fisheries show. According to the ministry’s annual report, released last month, since 1993 the ...

A 44-year-old woman was run over and killed by a harvesting machine on Sunday while working on a sugarcane plantation in Kompong Speu province owned by CPP Senator Ly Yong Phat, marking at least the second death on the plantation since December. Y Mom, originally from ...