Although a Thai minister claimed recently that delays in resolving the disputed overlapping claims area with Cambodia would result in an energy crisis, experts said yesterday the statement had been politically motivated. Thai Energy Minister Pichai Naripthaphan said last week Thailand would run out of gas ...

The Securities and Exchange Commission of Cambodia (SECC) is investigating a rise in fraudulent get-rich-quick schemes that prey on Cambodian investors, the market watchdog said yesterday. Unlicensed investment schemes operating inside Cambodia will go under the SECC’s microscope, while multilevel marketing firms that appeal to vulnerable ...

The Japanese embassy is reporting a $280 million drop in Japanese investment last year, but officials were quick to say that the numbers don’t necessarily reflect slumping investor confidence in Cambodia. Japanese investment in the Kingdom reached about $47.5 million in 2013, compared to $328 million ...

About 80 activists from Phnom Penh’s Borei Keila and Boeng Kak communities protested outside City Hall on Monday morning, but were confronted by municipal security guards who prevented them from delivering a petition to the governor. Sar Soun, a representative of families from the Borei Keila ...

Cambodia’s business community welcomed the news yesterday that the county’s longest-ever parliamentary deadlock had come to an end – a resolution investors say will help ease fears of political instability. The ruling Cambodian People’s Party and the opposition Cambodia National Rescue Party yesterday struck a deal ...

All Nippon Airways is studying an option to serve Cambodia, according to an analysis released by the Centre for Asia Pacific Aviation. ANA CEO, Osamu Shinobe, told CAPA that Cambodia and Malaysia are under consideration in a bid to secure a market share of 14% on routes between ...

After winning the rights to transfer large shipments of timber from Mondulkiri province to the rest of Cambodia, Try Pheap Import Export Co Ltd is being examined by 10 officials to ensure there are no irregularities in its operation, Mondulkiri provincial forestry administration director Um ...

In a bid to win the support of the people for the upcoming National Election, the ruling Cambodian People’s Party (CPP) has committed itself to strengthening the Law on Immigration on managing foreign immigrants, promising to strongly prevent and suppress illegal crossings, residing and activities ...

SOURSDEY Fashion occupies a small shopfront near the Russian Market. It looks similar to many of the small boutiques sprouting up across Phnom Penh, packed with  the latest in fashion aimed at young, trendy consumers. But the shop’s business plan differs from that of many ...

Prime Minister Hun Sen returned home yesterday from a quick trip to Beijing with the promise of some $523 million in new loans and grants, one day after Chinese Prime Minister Wen Jabao praised Cambodia for helping China maintain “friendly relations” with Asean. Speaking with ...

The price of paddy rice in Cambodia’s northwestern provinces jumped to 1,500 riel from 1,350 riel per kilogram in mid-October on a lack of supply, but quickly fell to 1,360 riel. Meanwhile, the prices in the Cambodia-Vietnam border provinces rose from 1,300 riel to 1,390 ...

The Cambodia National Rescue Party (CNRP) plans to give its leader, Sam Rainsy, a hero’s welcome when he returns to the country on Friday after nearly four years in self-imposed exile. But unless action is taken quickly, Mr. Rainsy will be forced to deliver his first ...

The government has created a one-window information service to help would-be workers avoid illegal migration to Thailand as part of a bilateral agreement with Thailand, Labor Minister Ith Sam Heng said Thursday. The quick-service windows will help make sure Cambodian workers enter Thailand legally by facilitating ...

Cambodia is quickly becoming a hub for Japanese exports, according to the latest figures from the Japan External Trade Agency, JETRO. The state-run agency’s latest trade figures show Cambodia exported more than $584 million worth of locally made products to Japan over the first nine months ...

Standing as one of the largest economies in Asia, Japan is quickly becoming a prime market for Cambodian goods. Even with both economies embroiled in the Covid-19 crisis, bilateral trade managed to reach $1.96424 billion in the first 10 months of 2020, climbing by 12.2 ...

The state-owned power utility is set to undertake a nationwide study on ways to harness an additional 2GW capacity of solar energy proposed by a regional lender, in a pilot project expected to spur up to $100 million in investments that aims to illustrate how ...

Lawmakers in the U.S. and human rights activists are pushing for cuts of more than $70 million in aid to Cambodia if Prime Minister Hun Sen wins the July 28 elections. Many factors have pushed the U.S. to this point be it unfair and unjust, such ...

CNRP leader Sam Rainsy on Thursday publicly announced the opposition’s intention to conduct a campaign of civil disobedience in line with peaceful demonstrations organized by the charismatic leader of Indian nationalism Mahatma Gandhi, who helped win independence from Great Britain. Mr. Rainsy made the remarks at ...

Confusion continued to swirl around the fate of Bavet city Governor Chhuk Bundith yesterday after the Interior Ministry last week identified him as the sole suspect in the Feb. 20 triple shooting of protesters at a special economic zone (SEZ). While human rights groups claimed yesterday ...

Myanmar’s moves toward economic and political reform would not subtract from Cambodia’s regular stream of foreign investment, experts and insiders said – at least not in the short run. Word of an investor-friendly Myanmar has spread quickly with the US’s partial waiver on trade sanctions in ...