The price of Phnom Penh Water Supply Authority (PPWSA) stock varied only slightly between June 14 to June 21-hovering between KHR 6,600 (US$1.62) and KHR 6,700 (US$1.64). The relative stability tells investors that the stock is approaching its fundamental price, which experts say is between KHR 4,050 (US$0.99) and KHR 6,350 (US$1.56). ...

The growing market for timber in China is leading to widespread logging around the world, including in Cambodia, according to a report released yesterday. The report from London-based NGO the Environmental Investigation Agency (EIA) – entitled Appetite for Destruction: China’s trade in illegal timber – outlines ...

With Thailand threatening to oust undocumented workers, Asean must do more as a region to protect its migrant workers, a leading rights advocate says. More and more workers are crossing the borders between Asean countries, and the region looking to lower trade barriers, so workers need ...

The Rubber Industry Smallholders Development Authority (RISDA) is opening two plantations in Cambodia, its director-general Datuk Wan Mohamad Zuki Mohamad said Wednesday. He said discussions had been held with the companies that would be tasked with managing the plantations last week. “We are now awaiting approval ...

Villagers who confiscated land-clearing equipment during a forest patrol yesterday in Khsuem commune in Kratie province’s Snuol district are claiming the equipment belongs to a rubber concessionaire attempting to expand into state land, an allegation local authorities denied. Villager representative Mom Sokkin said the Binh ...

Royal Thai Navy ships intercepted a Cambodian fishing boat illegally smuggling 10 million baht in Siamese rosewood out of the kingdom. The HTMS Chao Phraya staffed with military, customs and forestry office personnel captured the 18-meter-long fishing vessel carrying 296 logs in its fish holds ...

The two-way trade between Cambodia and Japan has hit $503 million in the first eight months this year, up 24 percent over the same period last year, the figures from the Japan External Trade Organization said Tuesday. Cambodian exports to Japan rose 39 percent to $358 ...

An ethnic Jarai family has been evicted from their Ratanakirri province village where they say they received death threats over a land dispute. This is the third time the family has abandoned their home after they field a lawsuit against three commune authorities in 2011, alleging ...

Ningbo Thermal Power (shse:600982) will invest less than USD 16.67 million in building a thermal power arm to develop a heat and power cogeneration project in Sihanoukville Special Economic Zone (SSEZ), Cambodia. The joint venture will be responsible for building the heat and power cogeneration ...

A unit of Temasek Holdings Private Ltd has opened a new bank in Cambodia with local partners in the first investment by the Singapore state investor in the country, the Straits Times reported on Friday. The bank has 11 branches in seven provinces, with five ...

Thailand Monday handed out a financial aid of Bt6 million to Cambodia to help its flood victims. Foreign Minister Surapong Tovichakchaikul formally handed out the aid to the Cambodian ambassador to Thailand You Ay. nitially, the government would provide barges to help Cambodia but when ...

Cambodia recorded 41,850 malaria cases in 2013, down 40 percent from 69,550 cases a year earlier, a health official said Sunday. The disease killed 12 people last year, down 74 percent from 46 deaths a year earlier, Char Meng Chuor, director of the National Center for ...

City Hall has taken over the recently launched public bus route in Phnom Penh pending a review of the Chinese-owned firm that is contracted to run the fledgling service, a company official said yesterday. Lim Andre, Global (Cambodia) Trade Development’s manager in Phnom Penh, said yesterday ...

The International Monetary Fund is projecting further modest acceleration in Cambodia’s rate of economic  expansion over the next five years. In the latest World Economic Outlook released Tuesday, the IMF projects that Cambodia’s gross domestic product will grow from an estimated 7.0 percent last year to ...

Cambodian King Norodom Sihamoni arrived in Phnom Penh, capital city of Cambodia, on Monday morning after the tour to France for two weeks to strengthen and expand bilateral ties and cooperation. ...

More than 100 families living in Ratanakkiri’s Lumphat district have filed a complaint with authorities, claiming a rubber giant – already accused of illegal logging – filled in two natural lakes, provincial officials said yesterday. Villagers, along with government officials, say Vietnamese company Hong Anh Gai ...

Cambodia’s parliament endorsed opposition leader Sam Rainsy as a lawmaker on Monday as part of a deal with long-term rival Prime Minister Hun Sen that both leaders hailed as an end to a year-long political crisis. Cambodia has been without an effective parliament since Sam Rainsy’s ...

Two children were killed by the explosion of an unfired rifle shell in a rice field in Battambang province on Friday afternoon, a district police officer said. Captain Phong Sarin, district deputy police chief, said that Roeun Rith, 7, and Mann Marin, 7, “saw an unexploded ...

Integrated electric power technology provider Pestech International Bhd has bagged a contract worth US$86.065 million (RM282 million), to construct a 198km transmission line for the transmission of power from existing and future power plants in the Sihanoukville area to Phnom Penh City, Cambodia. Pestech’s wholly-owned Cambodian ...

Without more efforts to punish traffic violators, the government is all but certain to miss its 2020 goal of cutting traffic deaths by 20 percent and drunk driving deaths by 50 percent, road safety experts said at a forum Tuesday. There were 1,910 deaths due to ...