The Chinese firm that was financially backing an ambitious project to develop Phnom Penh’s Boeng Kak neighborhood has pulled out, Chinese Embassy and company officials have confirmed, and no other investor appears to have taken its place. That makes the Erdos Hongjun Investment Corporation at least ...

An exporter has asked farmers to focus on producing high-quality pepper by following strict standards to strengthen demand for their products abroad. According to the Kampot Pepper Promotion Association, 50 percent of Kampot pepper is exported to the EU, while 30 percent is consumed internally. ...

Phnom Penh municipal governor Khuong Sreng said on Tuesday that residents affected by a Chroy Changvar satellite city development project by OCIC will have a solution soon.​ Sreng made the comments while granting land titles to 51 families who were affected by the project, noting ...

Australian-listed mining firm Emerald Resources NL on Monday announced plans to raise A$75 million (US$51 million) in funds for its Mondulkiri-based Okvau gold project with two placements of 1.875 billion new shares. The first is an unconditional placement for approximately A$30.5 million and the second ...

NGO Wildlife Alliance said the carcass of a red muntjac (Muntiacus muntjak) was found by Thmor Roung station rangers in Koh Kong province during a recent three-day patrol. During the patrol, the rangers released six wild chickens into the jungle and seized a mini-tractor carrying illegal ...

The International Monetary Fund (IMF) has predicted Cambodia’s 2020 Gross Domestic Product will contract by -1.7 percent this year in line with a global contraction of -3.0 percent. The reduction in GDP represents an economic downturn the world has not seen since the Great Depression, ...

The Asia Development Bank‘s Cambodia Resident Mission has appointed Eric Sidgwick as its new country director. Sidgwick aims to focus his efforts on promoting an inclusive and environmentally sustainable growth, said a press release issued by the Asia Development Bank (ADB) yesterday. Sidgwick started working at the ...

Team Europe – the combined efforts of the EU, its member states and their financial institutions and implementing agencies – is mobilising €443 million ($503 million) in grants and loans to work with Cambodia in fighting Covid-19 and mitigating its socio-economic impacts. ...

Interior Minister Sar Kheng yesterday held a meeting to review a draft law on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) in a bid to curb money laundering in the Kingdom. The move is motivated by the global money-laundering watchdog Financial Action ...

Prince Norodom Ranariddh, leader of the royalist Funcinpec party, has called on opposition Cambodia National Rescue Party president Sam Rainsy not to “block aid” to Cambodia following a resolution passed by the European Parliament last week that suggested aid could be slashed if an arrest ...

A proposed 150MW hydropower project on the upper reaches of the Tatai river in Koh Kong province’s northern Thma Bang district is looking more likely to happen, as the government strives to promote investment in the electricity sector and increase supply. Provincial deputy governor Sok ...

A tourism seaport project is unveiled to be constructed in Koh Tonsay (Rabbit Island), Kep province as the environmental and social impact assessment (ESIA) has started. Ms. Ol Phirun, Deputy Governor of Kep province, said that the tourism seaport is an ADB-backed project and a ...

In a first for the Cambodia Securities Exchange (CSX), a listed bond were traded on the secondary market on November 24, data from the bourse show. As a result, South Korea-owned Phnom Penh Commercial Bank Plc’s (PPCBank) first bond offering (PPCB23A) on the CSX saw ...

A closer look at the World Health Organization’s (WHO) Global Status Report on Road Safety 2015 has revealed some rather diSturbing information – Malaysia is amongSt the loweSt-ranked nations in South EaSt Asia (SEA) when it comes to seat belt law enforcement and awareness on ...

A feasibility study on waste-to-energy plant has been proposed to be conducted in Siem Reap province, aiming to convert waste to energy and keep the city clean. Proposed by China’s MIZUDA firm, the 12-megawatt waste-to-energy plant needs at least 210,000 tonnes of waste a year ...

Prime Minister Hun Sen on Tuesday issued a sub-decree on steps to reduce government spending for domestic and foreign missions for national and sub-national administrations due to COVID-19. It set the rules and procedures for implementation of the expense budget for civil servant missions to ...

The stock-listed Phnom Penh Autonomous Port (PPAP) is set to give the LM17 container terminal just east of the capital a much-needed layout overhaul to relieve congestion. The river-port operator said this in a March 3 statement signed by director-general Hey Bavy and released to ...

Around 230 families from three villages in Romtom commune of Preah Vihear province’s Rovieng district said they are worried about the continued encroachment on their farmland by three companies which have licences for gold mining and agricultural in the area. ...

Just under 1,500 people received the Sinopharm COVID-19 vaccine in Cambodia between Wednesday and Friday last week, according to a three-day report from the Ministry of Health. ...

Passengers using the Grab ride-hailing app are offered the option to travel carbon neutral, said a press release of Wildlife Conservation Society (WCS) issued this afternoon, adding that a voluntary contribution allows passengers’ rides to be offset via carbon credits from the Keo Seima Wildlife ...