Russian giant pulling back to core markets to achieve more rational structure and raise funds for investment Russia’s VimpelCom is considering selling many of its subsidiaries in Africa and Asia to focus on more “mature” markets, according to reports. The Financial Times newspaper says that the operator ...

PHNOM PENH – As more and more Cambodians enter the job market, with a growing population of young people, there still remain plenty of job opportunities with foreign investors at home, according to a new study by the Ministry of Labor. But people either don’t ...

The Cambodian government on Thursday dismissed media reports in Australia linking Prime Minister Hun Sen to a mining company under investigation there for corruption. Earlier this week, The Age newspaper reported on Australian documents that described officials from BHP Billiton seeking a special meeting with Hun ...

Although Siem Reap is known as the land of smiles, the growth of the culture, civilization and power, the real estate sector in the province for the first six months of 2013 has not increased a great deal. The buying or selling of properties in Siem ...

...

Flooding spread over the weekend as storms hit the country meaning Siem Reap, Battambang and Pailin have all been added to the list of provinces affected by high waters. In Siem Reap province, Nuon Krisna, director of the provincial department of water resources and meteorology, said ...

The Phnom Penh Municipal Court on Monday heard the case of a Malaysian and a Sri Lankan charged with using fake bank cards to withdraw up to $50,000 from ATMs during Khmer New Year in 2012. Delvin Joshap, 30, of Malaysia, had masterminded the crime and ...

Germany’s new ambassador to Cambodia, Joachim Baron von Marschall, said Wednesday during a meeting with Foreign Affairs Minister Hor Namhong that he hoped the country’s ruling CPP and opposition CNRP would meet to resolve the post-election uncertainty, an official said. “His Excellency [Mr. Baron von Marschall] ...

...

...

The country’s draft $3.4 billion national budget for 2014 proposes yet another $920 million in new debt to make ends meet, the same amount taken on this year, according to a copy of the spending bill obtained Thursday. The draft budget calls for nearly $400 million—or ...

The Cambodian and Lao governments pushed for the conclusion of demarcation between the two countries as soon as possible, according to a senior Cambodian government official. The decision was made during a visit of Prime Minister Hun Sen earlier this week, said KOA Kimhourn, Minister attached ...

If we closely follow the previous political statements of the leaders of the opposition party, we’ve rarely heard from Mr. Sam Rainsy and Mr. Kem Sokha about the protection of the royalist regime but much about “change.” Also, the media people have never bravely asked ...

Logging by Vietnamese-owned concessionaire Company 72 has once again spilled the boundaries of its land in Ratanakkiri’s O’Yadav district, this time without paying proper taxes to the Forestry Administration (FA), local forest conservation activist Romas Svang said yesterday. ...

Landmine explosions in Koh Kong and Kampot provinces on Monday and Tuesday seriously injured a man and a teenage girl, according to local officials. On Tuesday, Suot Matimas, 14, climbed a fruit tree in Koh Kong province’s Mondol Seima district, near the Thai border. Upon jumping ...

Cambodia has invited resource-rich Azerbaijan to help develop Cambodia’s prospective oil and gas industry, Commerce Minister Sun Chanthol announced during a high-level visit to the Caucasian country on Tuesday, according to Azerbaijani media reports. Mr. Chanthol laid out a goal to achieve an overall trade ...

A series of high-flying creatures, including giant flying frogs and squirrels and a parachute gecko, are among the hundreds of exotic new species recently discovered in the greater Mekong region in southeast Asia. A new eyeless spider and a fish that mates head-to-head are also highlighted ...

The U.S. Agency for International Development (USAID) today announced its Integrated Nutrition, Hygiene and Sanitation Program that will improve the livesof mothers and young children by teaching better nutrition and hygiene practices and increasing the use of latrines. The five-year, $16 million project will benefit ...

The German ambassador, Joachim Baron von Marschall, signed an agreement with the permanent Deputy Prime Minister Keat Chhon yesterday for €47 million ($64 million) in aid. The grant will be used for developing projects within the ministries of health, rural development and women’s affairs. ...

Improvements in agriculture practices in the Mekong region and lessons for policy will be discussed at a conference in Phnom Penh this week. The conference, ‘A Policy Dialogue on Rice Futures: Rice-based Farming Systems Research in the Mekong Region’ was opened today by Australia’s Ambassador ...