Cambodia’s total public debt stock is expected to increase approximately 1.42 percent to reach $9.97 billion by the end of 2022 compared to over $7 billion five years ago, while the national budget law allowed the government to borrow about $1.26 billion or $1.7 billion ...

The Council of Ministers or the Cabinet for the seventh legislature of the National Assembly yesterday approved three legal documents, one national strategy and two reports during its second plenary session, presided over by Prime Minister Hun Manet at the Peace Palace, said a senior ...

Singapore has replaced China as the leading investing country in Cambodia in 2021, accounting for six projects, or 40 percent of Cambodia’s inward FDI, revealed the Investment Monitor’s ‘2022 Inward FDI Performance Index’, released recently. ...

When the Cambodia Securities Exchange (CSX) was officially launched on Jul. 11 there were no companies listed because of a drive to ensure that everything was above board. “We want to assure full transparency,” says Huot Pum, the deputy director-general of the Securities and Exchange ...

Gliding through the water almost soundlessly, the MS AmaLotus docked for only its second time in Phnom Penh last week At 92 meters in length and capable of holding 124 passengers, the AmaLotus is the latest cruise ship to start transporting tourists between Siem Reap and ...

Increasing discrimination by factories against unions and continued poor wages in Cambodia’s garment sector have resulted in a rise in the number of worker protests, according to a report released yesterday by the International Labor organization (ILO). According to its periodic synthesis report on working ...

Prime Minister Hun Sen has signed off on four more economic land concessions (ELCs), all in protected areas, despite placing a moratorium on granting such leases on May 7. Since the May 7 sub-decree, the premier has now signed off on seven concessions totalling 56,586 hectares ...

Villagers and local authorities continued to argue over a 4-hectare plot of land in Phnom Penh’s Russei Keo district on Monday, a day after officials promised to measure and issue a title for it. District council chief Prak Channa on Sunday promised to issue a land ...

Banteay Meanchey province’s former governor got a surprise Monday when he attended a ceremony in Phnom Penh expecting to receive a donation of 200 power tillers from Chinese officials, but received eight small water pumps instead. Former Banteay Meanchey governor Oung Oeun and the governor ...

Nearly 2,000 families have been evacuated from their homes and thousands of hectares of crops flooded in the wake of continuing rains and the opening of dams in Vietnam and Thailand. At least two people have died since Friday in the flooding, which has affected at ...

Interior Minister Sar Kheng has commended the country’s security forces for creating a safe environment during the July 28 election and the post-election period leading up to the convening of the National Assembly last week, according to a letter received Tuesday. In his “letter of appreciation,” ...

More than 100 people on Thursday protested and stopped a bulldozer belonging to businessman Try Pheap from clearing their land next to a rubber plantation he owns in Preah Vihear’s Rovieng district, villagers and local officials said. Oeun Sitha said he was among more than 100 ...

The Vietnamese embassy fired back yesterday at opposition party leader Sam Rainsy’s claim that Vietnamese companies granted economic land concessions in Prey Lang forest are turning the area into a Vietnamese “colony”. On Wednesday, Rainsy visited the forest and claimed that CRCK, a Vietnamese firm granted ...

Phnom Penh is one of the least-livable cities in the world, but has also seen relatively strong improvement in quality of life over the past five years, the Economist Intelligence Unit’s annual Global Livability Ranking released this month has found. The analysis of 140 cities, which ...

Cambodia’s political dispute deepened on Sunday as the opposition planned a three-day mass protest against the final election results that handed victory to the long-serving Prime Minister Hun Sen’s ruling party. The nation held a general election on July 28. The National Election Committee (NEC) issued ...

Cambodia’s newly appointed minister of commerce said Thursday that he plans to reform the country’s economy ahead of Cambodia’s entrance into the Asean Economic Community (AEC) 2015, though he and other officials did not say how they plan to accomplish that goal. Speaking to reporters on ...

The Kompong Cham Provincial Court on Saturday charged the chief of Srei Santhor district’s social affairs office with corruption following his arrest by the Anti-Corruption Unit (ACU) on Friday for withholding pensions and other bonuses from retired teachers, a court official said Tuesday. Provincial court deputy ...

Sergei Polonsky, a Russian fugitive and former billionaire real estate magnate who was recently released from prison in Cambodia, has grand plans for a string of islands off the coast of Sihanoukville. Less than a month after the Supreme Court refused to extradite him to Russia ...

As military police began a 10-day training program with the U.S. military in Phnom Penh on Tuesday, questions are being raised again over Washington’s ongoing support to Cambodian security forces involved in serious human rights abuses. On January 3, military police officers opened fire with AK-47 ...

Thailand’s Tourism Ministry has been biting its nails since the country’s military declared a coup on Thursday and imposed a nighttime curfew, but a Cambodian official said Sunday that it is too soon to say whether the lock-down will have a knock-on effect on tourism ...