Micro-Credit Ratings International Ltd (M-CRIL), an Indian provider of rating and advisory services to the microfinance industry, has secured a $1.5 million equity investment agreement from the Asian Development Bank (ADB) to push into emerging markets including Cambodia, the ADB said in an announcement last ...

Cambodia is to open commercial centres in China to help Chinese investors understand the potential of Cambodia. The centres will soon be established in some provinces, Prime Minister Hun Sen said on his Facebook page during his trip to the Commercial and Tourism Cooperation Forum in ...

Local authorities in Poipet are grappling with a dilemma of their own making after the ruling party for months footed the bill to make day passes to enter Thailand free for Cambodian vendors – a populist move now complicated by the CPP’s apparent electoral loss ...

Nearly one hundred pieces of timber were found separately in Kratie province’s Prek Prasap and Sambo districts over the weekend, but no arrests were made. About 40 pieces were discovered in Sambo’s Vathanak commune after forestry officials unsuccessfully chased a truck they believed was carrying timber. ...

The Supreme Court on Wednesday upheld a 30-month sentence for land activist Tep Vanny on charges relating to a 2013 protest outside Prime Minister Hun Sen’s house that turned violent, leaving the Boeung Kak resident to serve out more than a year of her remaining ...

A representative of villagers in a land dispute in Oddar Meanchey province’s Anlong Veng district was arrested on Wednesday for alleged property damage. Sat Bora, 34, has been representing 122 families in Anlong Veng commune, who have been locked in a land dispute with authorities for ...

The World Bank on Thursday forecast a slight dip in the country’s economic growth rate by 2019 amid declining foreign investment, rising inflation and a slowdown in the expansion of garments manufacturing, and advised improvements to infrastructure and training to keep the economy on its ...

Representatives from the E.U., CNRP and civil society organizations put newly delivered election ink to the test on Wednesday, a week after a spokesman for the country’s top election body warned that a sample batch of the ink could be washed off using a hair ...

Sixteen Cambodians were arrested on Monday for illegally crossing the border to log luxury rosewood trees in Thailand’s Sa Kaeo province. The men, aged between 16 and 55, were all residents of Battambang province. They were arrested in Pang Sida National Park with logging tools and ...

Activists say a new sand-processing facility is under construction in Koh Kong’s Tatai Wildlife Sanctuary, in the vicinity of the area where two companies were granted permission to conduct environmental impact assessments (EIAs) for sand-dredging projects, documents show, despite a standing government ban on sand ...

A high-profile investigation into corruption charges levelled against Mondulkiri police officials for colluding with Vietnamese timber traders has been transferred from the provincial court to Phnom Penh due to a lethargic investigation by local police, many of whom are involved in the case, a court ...

Global credit rating agency Moody’s Investors Services said yesterday that while it has retained Cambodia’s B2/stable sovereign rating alongside Vietnam’s B1/positive rating, the Kingdom’s low diversification of exports has put it at higher risk from external shocks than its eastern neighbour. ...

Singapore-based oil and gas company KrisEnergy is scheduled to sign an agreement with the Cambodian government next Wednesday for the extraction of petroleum from Block A to develop the Aspara oil field. ...

Two Mother Nature activists arrested after filming suspected sand-bearing vessels have been charged with incitement and making unauthorised recordings of a person in “a private place” – an offence that drew skepticism yesterday, given they were in their own boat in the open ocean when ...

Fifty-eight Phnong ethnic families in Kbal Romeas village, whose land was flooded late last year by the reservoir of the controversial Lower Sesan II Dam, are seeking at least 1,500 buffaloes from authorities and company representatives in compensation for their ancestral graves that are now ...

The World Bank urged the Cambodian government Wednesday to accelerate reforms while taking a participatory approach to its National Strategic Development Plan. Speaking at a meeting of the Development Partner Coordination Committee, World Bank Country Director Annette Dixon congratulated the government on its current development plan ...

A mission trip to Cambodia earlier this year opened Roger Pickett’s eyes to the need to boost the Cambodian home furnishings industry. Now Pickett, president of MurMaid Mattress here, is hoping to help a nonprofit group open a mattress factory in that country and give Cambodians ...

Thailand is moving forward to strike a double tax treaty with Cambodia, to cope with increasing cross-border trade. Sathit Rungkasiri, director general of the Revenue Department, said it is a priority to expand the double tax treaty with all countries in Asean to prepare for the ...

Less than two months after opening a $60 million brewery on the outskirts of Phnom Penh, Cambodia Beer will be exported for the first time today when vessels carrying the beer set out for Japan from Sihanoukville Autonomous Port, according to a statement issued yesterday ...

Despite major foreign aid budget cuts at home, Australia had upped its assistance to Cambodia by about US$17.4 million for 2012-2013, the embassy here said yesterday. Australia would provide a total of $95.3 million in “official development assistance to Cambodia”, the embassy said in a statement. ...