Garment manufacturer Gran d Twins International (GTI) will pay out a reduced cash dividend for 2015 as a result of net profits dropping by 70 per cent last year compared to 2014, the company said yesterday in a filing to the Cambodian Securities Exchange (CSX). ...

The United States announced on Friday it was ending funding for the election, and promised more “concrete steps”, after the Supreme Court dissolved the Cambodia National Rescue Party (CNRP) at the request of the government, on the grounds it was plotting to seize power. ...

Pen Sovann, Cambodia’s first prime minister after the Vietnamese invasion in January 1979 that swept the Khmer Rouge from power and a serving opposition member of parliament, passed away at his home in Takeo province’s Duan Keo town on Saturday evening aged 80. ...

Mobile network operator Beeline announced on Monday that it will launch a 4G service by the end of the year. Hout Vanthan, the chairman of parent company Sotelco, said the 4G network will be available in Phnom Penh by the fourth quarter of 2014. ...

The governor of Phnom Penh’s Chroy Changva district said he has asked the Overseas Cambodia Investment Company (OCIC) to compensate the owners of two restaurants that were flooded Wednesday after the firm’s excavator ruptured a nearby levee that had been holding back a pool of ...

Cambodia Securities Exchange (CSX) will hold a meeting next week to review the submitted financial statements of Phnom Penh Autonomous Port (PPAP), Cambodia’s second-largest port, and to consider its eligibility to list and trade its securities on the stock exchange, a CSX official said yesterday. ...

Workers from Caltex stations in Phnom Penh  strike on Monday to demand wage hike an other demands. The workers are demanding that the Caltex, a petroleum brand name of US-based Chevron Corporation, increase their wage to US$160 per month, and provide one-month bonus for them. ...

Cambodian Prime Minister Hun Sen said Wednesday that the China-proposed Asian Infrastructure Investment Bank (AIIB) is very attractive to rich countries, particularly in Europe. The prime minister’s remarks came after Germany, France and Italy followed the suit of Britain in deciding to join AIIB as founding ...

An experiment in public busing sponsored by the Japanese government ends tomorrow, but Phnom Penh officials say they want the service to continue. The service will be handed over to the city and a Chinese company, so that 10 bus lines will keep running, but officials ...

Phnom Penh city officials on Tuesday for the first time met face to face with former residents from the Borei Keila neighborhood, who have regularly protested since their forced evictions in 2012. Phnom Penh Governor Khun Sreng said the forum will work toward sorting out “real ...

Most Cambodian university students have heard of their country’s fledging extractive industry. But with little access to information, few are aware of how revenue from this industry is being managed. Most of this information remains unavailable, and some are now voicing their concerns about corruption ...

The Permanent Mission of the Kingdom of Cambodia to the United Nations office and other International Organizations in Geneva has issued a press statement reaffirming that “Cambodia’s general elections held in a free, fair, transparent, inclusive and peaceful manner.” ...

Participants at the Asean Peoples’ Forum have called on regional leaders to halt plans to construct two controversial hydropower dams in Laos and Cambodia because of the large number of people who will be affected and the lack of public consultation. The forum in Phnom Penh, ...

Cambodia and Pakistan have committed to bring bilateral relations closer through the strengthening of cooperation in the peacekeeping sector. ...

Lawmakers-elect from the Cambodia National Rescue Party are scheduled today to visit families in Koh Kong province affected by a long-running land dispute with Union Development Group, just weeks after the company destroyed dozens of homes there. Rights groups say that Chinese-owned Union Development has burned ...

The price of Phnom Penh Water Supply Authority stock from the period of August 2 to 8 remained very stable at KHR6,500 for most of the week after a slight increase from KHR6,400 (US$1.57) to KHR6,500 (US$1.6) on August 3. Trading volumes overall were lower ...

Cambodia is seeking a budget of $800 million to develop an automated gateway transit (AGT) system following the completion of a year-long feasibility study by the Japan International Cooperation Agency (JICA), said Minister of Transport Sun Chanthol yesterday. “The feasibility study of the AGT project conducted ...

A CPP lawmaker said yesterday the government has signed 13 payment guarantees to companies constructing coal-fired power plants and hydropower dams in the country, a move that an Asian Development Bank (ADB) official reiterated was risky for the country’s fiscal future. CPP lawmaker Cheam Yeap said ...

Market vendors in Stung Treng province claim the wildlife trade is still continuing despite frequent clampdowns and awareness-raising campaigns by the authorities and NGOs. Stung Treng market vendor Roth Sary said the meat of wild animals such as muntjac, deer, banteng, wild boar, snake and ...

Representatives of 40 families locked in a decade-old land dispute with a Chinese sugar company in Preah Vihear province blocked tractors from clearing land that the villagers say belongs to them, while 50 families in a separate land dispute in Koh Kong took their complaints ...