The government will spend a total of $13.7 million in the next three years to build new appeal courts outside of Phnom Penh along with free accommodation for judges and prosecutors across the country, according to the draft budget law for 2014, which is scheduled ...

The German ambassador, Joachim Baron von marschall, signed an agreement with the permanent Deputy Prime minister Keat Chhon yesterday for €47 million ($64 million) in aid. The grant will be used for developing projects within the ministries of health, rural development and women’s affairs. ...

With the deadline for property owners to pay their dues passing today, Acleda Bank – one of two agencies collecting tax for the government – has received over $1 million in property tax payments this financial year. So Phonnary, executive vice president of Acleda Bank, told ...

At the edge of a sand-filled Boeng Kak lake in Phnom Penh on Friday, Prime minister Hun Sen inaugurated the country’s newest—and largest—mosque, which was privately funded by a Dubai-based businessman at a cost of $2.9 million. ...

The governments of Sweden and Switzerland have pledged more than $15 million to the strengthening of sub-national governance in Cambodia from 2015 to 2017. ...

Police in Phnom Penh made the country’s largest ever methamphetamine seizure late last week after arresting three members of a trafficking ring who were found with nearly 55 kg of drugs worth about $3 million, most of which was destined for Taiwan, an official said ...

Siam Cement Group expects to pour between US$200 million and $300 million (Bt7 billion to Bt10.7 billion) of additional investment into Cambodia over the next five years, said Aree Chavalitcheewingul, vice president for regional business of SCG Cement-Building materials. ...

Thailand’s largest cement producer, Siam Cement Group (SCG), plans to invest up to $300 million to increase its production capacity in Cambodia over the next five years in a bid to take advantage of booming domestic demand, a company official said monday. ...

Old Place Seafood, a Chinese restaurant that cost $4 million, has opened in Phnom Penh. A representative of the restaurant, which is opposite the Chinese embassy, said the growing number of Chinese people in the Kingdom had justified such an investment. Luu meng, president of the ...

The amount of air cargo entering and leaving Phnom Penh increased by almost 40 percent last year, and nearly 100,000 more business travelers to the capital were recorded during the first 11 months of last year compared to the same period in 2011, data from ...

Corruption, a weak judicial system and the potential for complicity with human and labour rights abuses are key risks for firms looking to invest in Cambodia, a new report [by maplecroft, a UK-based global risk and strategic consulting firm] analysing investment risk in the Kingdom ...

OZ Minerals has details revealing the size of gold resources available at its Mondolkiri site and has had theM for nearly a year. For withholding the inforMation OZ Minerals could face legal action in Australia. Keo SeiMa, a partner organization was bought out in 2009 ...

Asia Golden Rice (AGR), Thailand’s second-largest rice exporter, will invest $47 million to build milling plants in Cambodia capable of processing up to 1 million tons of rice per year, according to a company representative and reports from the Thai news media yesterday. “This will be ...

The Asian Infrastructure Investment Bank (AIIB), which is a Chinese initiative, has provided its first loan of $75 million to Cambodia Fiber Optic Communication Network Co Ltd (CFOCN) to improve the Kingdom’s internet speed and quality, an AIIB statement said. ...

Cambodia exported more than 1,000 tonnes of dry tobacco leaves to Vietnam last year, valued at more than $2 million. The figure marks a 24 per cent increase from 2016, the ministry of Commerce said. ministry of Commerce spokesman Long Kemvichet said data showed the ...

The value of Cambodian exports to the EU is expected to decline between $513-$654 million per annum if the country’s tariff-free access is withdrawn, according to a World Bank report released on monday. The World Bank’s assessment – made in a report named Cambodia Economic ...

Forestry Administration officers confiscated the hacked-up body of an illegally hunted sambar deer in mondulkiri province on Sunday, though the poacher avoided arrest by escaping into the protected forest where the bust took place. ...

Telekom malaysia Bhd (Tm) is strengthening its regional footprint in South-East Asia by teaming up with mekongNet, a leading Internet service provider and Internet exchange provider in Cambodia. ...

The Kantha Bopha Children’s Hospitals have sold a royal residence in Koh Kong province to the government for about $6.5 million after it was donated to them in October by the king and queen mother.   ...

A new report has alleged labour rights abuses at Cambodian supplier factories for apparel giant H&m, as more than 500 garment workers gathered in Phnom Penh yesterday to air some of the same concerns over working conditions during a workers’ forum.   ...