Cambodia’s digital economy remains at a nascent stage and will need at least 10 years to grow and aim for a technology-driven economy, said Minister of Economy and Finance Aun Pornmoniroth. Speaking at the national consultation workshop on Policy and Direction of Cambodia’s Digital Economy ...

Acleda Bank has signed a $US10 million loan agreement   with Proparco, a development finance institution held in part by the Agence Francaise de Développement (AFD), according to a statement released on Wednesday. With the Kingdom’s financial sector expanding rapidly and a growing demand for banking and ...

Renaissance Minerals has raised $10 million for its gold-mining program at the Okvau deposit, in Mondulkiri province. The Australian company had estimated the area contained 729,000 ounces of gold. Renaissance’s biggest challenge would be to finance the project by equity investments world-wide, Tremain said. Renaissance is ...

Ten tons of rosewood have been uncovered under cassava roots in a raid late night Monday. The raid took place in the village of Ou Klakmom in the Song commune of the Samlot district and was made with the collaboration between park preservationists, military officers and ...

At least 10 people, one a 4-year-old child, were injured in a clash in the capital yesterday when security forces used electric batons to disperse about 300 villagers from Kratie province embroiled in a land dispute with a South Korean agribusiness. The villagers, from Kratie’s Snuol ...

Another building is rapidly rising on the plot of land reserved for the tenth and last building promised to evicted Borei Keila residents. Behind 100 protesting evictees, construction workers continued pounding away yesterday at a steel structure that started coming up last week, along ...

Ten homes housing 16 families in the capital’s Meanchey district were destroyed early Monday by fire, which police said was caused by an electrical malfunction. The homeowners, however, believe the blaze was caused by arson. Kong Thou, deputy chief of the Municipal Fire Office, said ...

Construction of a 10-kilometer elevated highway connecting Phnom Penh and the airport is slated to begin next year, Minister of Public Works and Transport Tram Iv Tek said yesterday. ...

The Cambodia-Laos-Vienam (CLV) Development Triangle Area has achieved an average economic growth of 10 percent in 2011 and 2012 period, meeting the target set for the period. The CLV Development Triangle Area comprises four provinces in Cambodia , four in Laos and five in Vietnam. Delegates from ...

The Ministry of Labour has issued a prakas urging employers to follow existing regulations in the Labour Law that limit foreign workers to 10 per cent of the total workforce at any one company. It has warned that failure to stay within this limit – or ...

Ten jailed members of the Khmer National Liberation Front (KNLF), an advocacy group that vocally opposes the ruling CPP, were questioned at the Court of Appeal in Phnom Penh on Tuesday over their bid to secure bail. ...

A Phnom Penh Municipal judge yesterday sentenced a former military officer to 10 years for drug trafficking and running an illicit lottery, while his niece received a one-year suspended sentence for her role. ...

Cambodia has issued a decision banning travellers from 10 countries in Africa or who have a history of traveling to these 10 countries in the last 3 three weeks.  ...

An ancient statue of a Hindu god believed to be more than 1,000 years old was discovered on Thursday at Koh Ker National Park’s Prasat Chen temple, a conservationist told the Post yesterday. ...

The Swedish Embassy in Cambodia signed a memorandum of understanding with the Royal University of Phnom Penh (RUPP) on Wednesday to fund a high-quality training and research institute. The agreement is worth in the region of $10 million for a four-year pilot phase focusing on ...

Villagers from Preah Vihear province’s Rovieng district have accused Try Pheap Engineering & Construction Co Ltd of clearing the remaining 10ha of community land in Romny commune’s O’por village, which was reserved for building a school, a hospital and a pagoda. The local authorities said ...

Tuk-tuk driver, hairdresser, tailor, masseuse and mechanic are among the jobs now confirmed as off-limits to foreigners after the Ministry of Labour and Vocational Training signed a prakas on Wednesday aimed at protecting the local job market. ...

The number of microfinance institutions has been growing steadily over the past decade and this has contributed rising living standards in the Kingdom, according to the Cambodian Microfinance Association (CMA). ...

Cambodia lost 10 percent of its gross domestic product (GDP) last year to the negative effect of climate change, according to the Asian Development Bank (ADB). In announcing a $96 million package to help the Kingdom cope with the loss of livelihoods and income due to ...

The government decided to drop a 10 percent value added-tax (VAT) for rice products during a meeting on Wednesday between representatives of the rice sector and government officials at the Council for the Development of Cambodia in Phnom Penh, officials said.   ...