Phnom Penh SEZ Plc, which operates a 357-hectare industrial park on the outskirts of the capital, held a bookbuild last month to determine the share price for its upcoming initial public offering on the Cambodian stock market. The private company aims to raise between $8.1 ...

When Chheung Rattana was married a few years ago, the only thing she and her new husband inherited from their families was a small plot of land to grow rice on. It was a tough start for the newlyweds, who decided that the only way ...

The Japanese government announced yesterday that it would provide almost $9 million to improve electricity access in the Kingdom that would enable Cambodians to enjoy better quality electricity services. Speaking at the signing ceremony at the Ministry of Foreign Affairs in Phnom Penh, Foreign Minister Prak ...

A new submarine telecoms cable due for completion in early 2017 will strengthen existing internet networks, increase capacity and lower costs, according to the company installing the cable. Yves Shaeffer, CEO of EZECOM, which owns Telcotech that is installing the Malaysia-Cambodia and Thailand (MCT) submarine cable, ...

Prime Minister Hun Sen has announced his support of a planned waterway taxi service and encouraged those in charge of the project to ensure its launch before the Khmer New Year. Speaking at a river festival in Kandal province’s Takhmao city on Saturday, Mr Hun Sen ...

The Indian Embassy to Cambodia has given a $50,000 grant for a project to help stop the spread of tuberculosis in the kingdom. During a press conference at the National Centre for Tuberculosis and Leprosy Control (CENAT) on Friday, Operation ASHA programme director Dr Narith ...

Wah Sun Handbags International Holding unveiled plans yesterday to expand its Cambodia operations, citing the country’s low labour costs as the primary reason for the move. In a filing on the Hong Kong Stock Exchange, the handbag manufacturer announced plans to raise up to $18 ...

A new cement factory in Battambang province will come online on Friday with an annual production capacity of 1.7 million tonnes of cement, according to Mines and Energy Minister Suy Sem. “We will have finished four cement factories that can produce nearly 7 million tones ...

Sesan dam holdouts from Kbal Romeas and Srekor villages have gone on the offensive, demanding compensation for destroyed rice fields and new homes on their ancestral land. Both villages were flooded following the inauguration of the China-backed Lower Sesan II Dam in September. While some accepted ...

With just two months to go until Cambodia’s commune elections, more than half of respondents to a new survey could not identify Election Day. The finding was detailed in a report released on Wednesday by the Committee for Free and Fair Elections in Cambodia (Comfrel) ...

The government announced last week the establishment of the country’s first marine national park, the Koh Rong National Park, which covers the Koh Rong archipelago off the coast of Sihanoukville. The new national park, set up by a sub-decree signed by Prime Minister Hun Sen, aims ...

Thailand’s top energy company, has offered to buy out Singapore-listed Sakari Resources Ltd for $960 million as the oil and gas firm expands into coal to meet rising regional demand for the fuel On Aug. 13, Sakari announced a joint venture with the Royal Group of ...

The PTT Public Company Limited is looking to invest 800 million baht in energy business expansion in Cambodia and Laos in the next five years. The PTT planned to open 4-5 more gas stations in Laos and Cambodia each. The Thai energy giant already has 14 ...

A new report on land grabbing around the world highlights Cambodia as a prime example of the ill effect of the growing global appetite for farmland by industrial scale operations. Released Wednesday in Stockholm by three Swedish NGOs, The Race for Land offers Cambodia as one ...

Children of imprisoned Boeung Kak lake women pleaded for their mothers’ release outside the Ministry of Justice yesterday. The demonstration, which included more than 200 Boeung Kak residents and activist monk Loun Savath, was held on the eve of International Children’s Day. It also coincided with more ...

Touch Seouly, the head of an NGO involved in a years-long land dispute that has sparked violent and sometimes fatal clashes across several provinces in the south, was arrested on Friday after villagers in Kampot province lodged a new round of complaints with authorities. Kampot provincial ...

A delegation comprised of Japan’s top business leaders, known as Keidanren, began a six-day trip to Myanmar and Cambodia Monday, seeking new business and investment opportunities there. Hiromasa Yonekura, chairman of the Japan Business Federation, is leading the delegation and said he hopes that meetings with ...

Finance Minister Keat Chhon an­nounced a new plan on Thursday to cut down on rampant state corruption by dispersing three-quarters of non-tax revenue to ministries and their employees as financial “rewards.” With Anti-Corruption Unit chief Om Yentieng by his side, Mr. Chhon laid out the bare ...

The Cambodia Securities Exchange (CSX) has requested adding four trading sessions in the hopes of increasing trade volumes. The request, if approved by the Securities and Exchange Commission of Cambodia, could see new sessions added within a month. The CSX has seen low trading volumes over the ...

Oddar Meanchey province deputy governor Lon An yesterday confirmed CPP Senator Ly Yong Phat’s involvement in a trio of sugar cane plantations that rights groups took to the National Human rights Commission of Thailand last week, but denied their allegations of rights abuses. The deputy ...