The Overseas Cambodian Investment Corporation (OCIC) is conducting a feasibility study to construct a 272-meter-long underpass that will run beneath the intersection of Phnom Penh’s Russian Boulevard and Monivong Boulevard, City Hall announced on its website Friday. “It’s a new plan and another solution to ...

The National Bank of Cambodia (NBC) released its Financial Stability Review for the first time on Wednesday, outlining the work needed to monitor economic security and develop macro-prudential measures to cope with systemic risks. The Financial Stability Review has been produced by NBC since 2001 ...

With a quarter of construction work already completed, the new port in Kampot province will become the country’s main gateway to tourism destinations in the region, the minister of tourism said. The seaport, which is being built​in Tek Chhou district, will be able​to accommodate one ...

The document, titled Phnom Penh 2030, showed that landed homes will increase threefold over the next 13 years. The valuation company claims the total currently stands at 150,000 but will hit 450,000 by 2030. VTrust’s report anticipates an average of 25,000 new landed units to hit ...

After paying a courtesy call on the King and visiting the chairman of the Constitutional Council, caretaker prime minister Hun Sen on Wednesday rescheduled the date on which a new National Assembly will be formed. The Cambodian People’s Party (CPP) president also directed his ire ...

The Labour and Education ministries, in collaboration with Unesco, yesterday jointly launched three more Basic Education Equivalency Programme centres in Phnom Penh for school dropouts to continue their education online. The new centres are at the National Institute of Entrepreneurship and Innovation, JVC Technical College ...

Preah Sihanouk province plans to attract a new type of Chinese investor which could restore the image of Sihanoukville as a tourist city and shift investment away from casinos. In a meeting with Chinese embassy officials in August, provincial governor Kuoch Chamroeun said the current ...

Growth in the local property sector remained robust in the second quarter of 2018, with the condominium, office and industrial sectors all contributing significantly to its expansion, according to CBRE’s latest report.​​ However, uncertainty regarding the upcoming general election has chipped away at investors’ confidence ...

The government on Monday issued a sub-decree on the registration for vehicle identification cards and number plates at the request of the Ministry of Public Works and Transport. Article 22 of Chapter Three in the sub-decree signed by Prime Minister Hun Sen gives the right ...

The government, through the Council of Ministers, has decided to abrogate a land swap deal between the Kampong Speu Provincial Department of Agriculture, Forestry and Fisheries and Touch Sarin Development Co Ltd. In the initial agreement, ownership titles for 10ha were to be given to ...

The Ministry of Environment has called on local authorities in Pailin province to find a new location for a 34-hectare dumpsite currently planned for a protected forest.Environment Minister Say Sam Al, who led a team to inspect the site on October 3, wrote to Pailin ...

A new 10-year action plan proposed by a host of NGOs aims to reverse the fortunes of Cambodia’s national bird, the giant ibis, which faces increasing pressure from human encroachment in its dwindling habitat.With fewer than 200 mature individuals now believed to survive in the ...

Cambodia’s Prime Minister Hun Sen is taking a belated leap into the digital age in a bid to court young, urban voters as he tries to fend off unprecedented competition from the opposition after three decades in power. Hun Sen’s Facebook, which how has 1.2 ...

With the ASEAN Economic Community (AEC) expected to intensify business competition across the region, Thailand’s biggest industrial conglomerate expects to rise to the challenge under a new leader.Kan Trakulhoon is retiring as president and chief executive of Siam Cement Group (SCG) after a decade at ...

The head of Cambodia’s Anti-Corruption Unit (ACU), Om Yentieng, has apologised for suggesting that the Kingdom’s traffic police might be corrupt.Yentieng’s about-face came yesterday at a public meeting about the new Traffic Law – which goes into effect today – attended by Deputy Prime Minister ...

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 ...