Canadian-owned company EnerCam Resources Co Ltd (EnerCam) is studying the possibility of investing in oil extraction from Cambodia’s offshore Block A after the government terminated an agreement with Singapore-based KrisEnergy Ltd, after the oil and gas exploration company went bankrupt last year. ...

NagaCorp Ltd. (“NagaCorp” or the “Company”, SEHK stock code: 3918), the largest hotel, gaming and leisure operator in Cambodia, held the official ground breaking ceremony yesterday for Naga2, a large-scale mixed-use expansion that will be completed by 2015. Situated 200 meters from the existing NagaWorld, ...

A new, government-owned life insurance company aims to provide a safety net for Cambodian families, according to In Meatra, director-general of the Cambodia Life Insurance Company Plc. Located on the 21st floor of Canadia Tower, Cambodia Life opened on May 21 and has 23 employees.  “Cambodia ...

At around 6 p.m. in Phnom Penh each evening, about 5,000 large brown bats, having spent the day dangling upside down from a tree at Wat Phnom, spread their huge wings and fly out to begin their nightly search for fruit. And as useful and ...

he upcoming 4th Summit of Conference on Interaction and Confidence Building Measures in Asia (CICA) in Shanghai, China is crucial to building trust, peace, security and stability in Asia, Cambodian experts said. “The conference is vital to building mutual confidence and closer partnerships among countries in ...

Cambodia’s economic productivity is in trouble, struggling with an inability to turn a youthful population into a skilled workforce and stunted by an over-reliance on agriculture, according to a new World Bank report. In Cambodia and Vietnam, diversification of labour from the farming sector contributed to ...

Just months before stock exchanges in Southeast Asia plan to link up their trading, key players remain divided, with one top bourse official saying the region may be going through a “reality check” on the many hurdles facing further economic integration. The plan for cross-border trading ...

Cambodia, the current ASEAN chair, has called for stronger financial cooperation among its member countries to promote economic growth. The main agenda is to ensure that Southeast Asia is on track to meet an ambitious goal of transforming in three years into a European Union-like ...

Cambodia is finding it hard to shake off its reputation as a ‘haven’ for dirty money. Despite the government’s best efforts, the Kingdom remains among the countries most vulnerable to the flow of illegal money, according to the latest report coming from the Financial Action Task ...

Transparency International’s 2015 Corruption Perceptions Index (CPI) ranks Cambodia as the ‘Most Corrupt’ country in Southeast Asia. Cambodia score was 21 out a possible 100 points, which is the same as the country’s score in 2014. ...

Officials from 14 governments gathered in Siem Reap on Wednesday to discuss sustainable development of extractive industries in the regions, urging Cambodia to take stock of its oil, gas and mineral reserves and device mechanism to develop these resources sustainably. ...

Prime Minister Hun Sen warned the media yesterday that he was determined to maintain social order, citing US President Donald Trump’s exclusion of some news outlets from a White House briefing. ...

Despite the widely condemned pre-election dissolution of the Cambodia National Rescue Party, the country’s only major opposition party, by the Supreme Court earlier this month, the heightened risk of political instability is expected to have limited short-term economic spill-over effects, according to an assessment from ...

The apartment rental market was flat in the third quarter after strong growth earlier in the year, with oversupply and political tensions among the causes blamed by realty experts. Chrek Soknim, deputy director of VTrust Property Co, Ltd, said that growth has stagnated after the January-March ...

The Prime Minister of Cambodia and the Speaker of the Laotian Parliament are set to come to Belarus on official visits, Spokesman for the Belarusian Foreign Ministry Dmitry Mironchik told reporters on 17 April, BelTA has learnt. ...

The government could save nearly $100 million between now and 2020 if it passes the draft traffic law and enforces mandatory helmet usage as soon as possible, a road safety group said Wednesday. Madeleine Carr, an advocacy and strategic planning advisor with the Asia Injury Prevention ...

Skywings Asia Airlines completed its maiden voyage from Seoul to Sihanouk International Airport on Tuesday, marking the launch of seasonal direct charter flights between Sihanoukville and South Korea. The new service, which will run from July through August, will connect the beach resort to the large ...

Cambodia greeted about 460,000 Chinese tourists last year, up 38 percent from 333,900 in a year earlier, according to a report of the Ministry of Tourism on Tuesday. China is the second largest source of tourists to Cambodia after Vietnam, the report said. Cambodian Tourism Minister Thong ...

Chinese telecom device maker ZTE Corporation has won the bid for 4G LTE project construction from Southeast Asia Telecommunications Holdings Limited. At the same time, ZTE Senior Vice President Zhang Renjun and Southeast Asia Telecom Group Chairman Zuo Huazheng signed a memorandum and strategic cooperation agreement ...

The large loans China offered at the 9th East Asia Summit are vital to regional countries in their connectivity construction, a senior Cambodian official said on Thursday. Kao Kim Hourn, minister attached to Prime Minister Hun Sen, made the remarks at a press conference at ...