Almost five months after the launch of the Credit Bureau Cambodia (CBC), experts agree that it has given financial institutions valuable new access to information about creditworthiness of potential borrowers, improving efficiency and loan quality. At the same time, there are still a few rough ...

Members of the Prey Lang Community Network yesterday called on the government to approve a forest preservation sub-decree that has been in draft form since 2011. Hoeun Sopheap, representative of the Kampong Thom provincial Prey Lang community, said the sub-decree would help protect the biodiversity of ...

Prime Minister Hun Sen said yesterday that the rapid growth of Phnom Penh’s population coupled with the rampant construction of new property projects means that there would always be a shortage of water and electricity in the capital. Speaking to a crowd of thousands who had ...

A 555-metre tower planned for Diamond Island is to go ahead, and expert engineers from China and Vietnam are studying the river bank and calculating the strength of the foundations needed to support the building. The building plan will not be changed and now the company ...

Co-operation on the exchange of electricity will be very important in making the 10-country ASEAN bloc move forward to a single market by 2015, experts said, but a shortage of power supply in each country remains a challenge. Speaking to reporters yesterday after the opening of ...

More than 1,500 Cambodian People’s Party supporters in Kandal province’s Sa’ang district were summonsed by party officials yesterday to be thanked for voting for the party, during a meeting one villager claimed was tacit intimidation. According to a villager speaking on the condition of anonymity, invited ...

The European union’s executive arm has responded to its parliamentarians’ concerns over rights abuses stemming from Cambodia’s economic land concessions, maintaining that, should the need arise, it “will be ready” to withdraw from its preferential trade agreements with the Kingdom. In a joint letter to concerned ...

A massive power outage that left large areas of Phnom Penh without electricity and water and plunged southern Vietnam into darkness on Wednesday was caused by a crane operator knocking a tree onto a high voltage power line, Vietnam’s state-owned energy provider said yesterday. “A ...

The Court of Appeal on Friday upheld the guilty verdict for anti-eviction activist Yorm Bopha, but reduced her sentence from three-to two-years imprisonment, of which one year was suspended. The ruling means that Ms. Bopha will not be released until late 2014. Supporters and human rights groups ...

Breaking into a medium almost universally controlled by the ruling party, acting opposition president Kem Sokha squared off yesterday against rival legislators during the filming of what may well have been Cambodia’s first televised national election debate. The debate at the state-run TVK studios, which featured ...

Caffe Bene, South Korea’s second-largest coffee chain, on Tuesday announced plans to open in Cambodia, according to a Korean media report. But while its entrance adds one more competitor to the more than half-a-dozen coffee chains already in the country, local franchises said the market is ...

Profitable income generation has many sources. Whether it requires work in an office, trading on the market or farming land – the outcome always depends on the innovation and effort of the individual. For Pring Leang, the sources are three small fields in Kampong Por village ...

Cambodia’s opposition said on Thursday that it had filed a lawsuit against the kingdom’s poll authorities over strongman Prime Minister Hun Sen’s disputed election win. The Cambodia National Rescue Party (CNRP) accused three top National Election Committee officials and their accomplices of faking voter names on ...

More than a dozen journalism and hu­man rights groups have called on Cambodia’s political forces to protect journalists and guarantee citizens’ access to an open and unobstructed press during the current political unrest. In a statement released Wednesday, the Cambodian Center for Independent Media, along with ...

The Sofitel Phnom Penh Phokeethra has won second place among the 25 best hotels of Southeast Asia in the 2013 Readers’ Choice Awards of the prestigious Conde Nast Traveler publication, which also named Siem Reap City as one of the “Top 10 Cities in Asia.” Charles-Henri ...

Orix Corp., Japan’s top leasing company, has agreed to buy a 6% stake in Cambodia’s largest bank by assets, Acleda Bank PLC, according to people close to the matter. It would be the first investment by a major Japanese financial institution in the Southeast Asian country, ...

Phnom Penh City Hall issued a letter Monday banning a group of monks who have marched cross-country to mark International Human Rights Day from completing the final leg of their journey, in which they had hoped to hand petitions to lawmakers at the National Assembly ...

Five Tumpuon villagers have again been summonsed for questioning by the Ratanakkiri Provincial Court in a lengthy dispute after private firm Ly Sokim Co Ltd accused villagers of destroying its property. In the latest summons, dated July 30, villagers are warned that failing to show up ...

Six prime government-owned properties in Phnom Penh and Battambang province have been reclassified as privately held state properties in order to pave the way for the land to be sold or swapped with private companies, according to a sub-decree signed November 8. Signed by Prime Minister ...

Researchers at the Novartis Institute for Tropical Diseases have isolated a new class of drugs that could be used to treat drug-resistant tuberculosis, a disease that affects thousands of Cambodians, according to a report published in the journal Science Translational Medicine last week. The drugs, called indolcarboxamides, work ...