In the wake of a new report from environmental rights group Global Witness rebuking the World Bank’s International Finance Corporation (IFC) and Deutsche Bank for investing in rubber plantations accused of illegal logging and forced evictions, both institutions have denied responsibility and deflected the blame ...

The Cambodian National Petroleum Authority restricted vital information and failed to cooperate with consultants working for the Asian Development Bank who were deployed to the authority between 2007 and 2010 as part of a $1 million project to strengthen governance at the body, a new ...

The government has made “remarkable development progress” in successfully guiding the country through the global financial crash of 2008, ensuring economic stability and enabling the government to meet the Cambodian Millennium Development Goal on poverty reduction, Prime Minister Hun Sen said yesterday. Speaking at the launch ...

Cambodia’s economy will grow by an average of 7 percent in each of the next five years, the World Bank said yesterday in a report on the country’s economic outlook. In its periodic update on economies in the region, the World Bank predicted gross domestic product ...

Environment rights group Global Witness yesterday joined the call for an independent investigation into the April 26 murder of conservation activist Chut Wutty following the conviction of a security guard in the case. On Monday the Koh Rong Provincial Court sentenced Rann Boroth, a security guard ...

At least 24 international apparel brands have pledged to immediately investigate the mass fainting “phenomenon” that has hit the Cambodian garment factories that supply them, the International Labour Organisation says. Executives of global brands had pledged to work together “to determine the precise causes of incidences ...

A global index on English language proficiency has cast Cambodia against the international trend of improving standards, with the Kingdom ranking 69th of 70 countries and territories surveyed and the lowest among 16 Asian participants.Released this week, the annual English Proficiency Index, the world’s largest ...

Cambodia’s leading commercial bank Acleda in partnership with MasterCard Asia and the Pacific, last week launched the Acleda MasterCard electronic plastic card to allow customers to make withdrawals through any ATM as well as make payments around the world where the MasterCard logo is displayed. ...

Cambodia was one of the few bright spots for the air cargo industry last year with a modest increase in year-on-year air freight shipments as other regions experienced weak growth due to the cooling global economy. ...

When Him Anna started to plant pepper crops seven years ago, she would have never thought that one day it would turn into a profitable business. Today, Anna is the chief executive officer of Bright Starling Holdings Co, which owns Starling Farm Kampot Pepper. Established ...

Cambodia is particularly at risk from man-made climate change due to its dependence on agriculture and its geography, Minister of Environment Say Sam Al said yesterday. The minister, speaking at a workshop marking 20 years of meetings on the UN Framework Convention on Climate Change, said ...

Hiroshi Uematsu had a tough start in Cambodia, where he heads an economic zone that aims to attract business from his native Japan. He arrived just before the global financial crisis sent the Asian Economic Minnow’s exports into a tailspin and dried up investment interest. Now, ...

At least 10 families are demanding compensation from a private company, which cleared farms and forest land to build an access road to explore iron ore mining in Preah Vihear province. ...

Weak enforcement of mining laws excludes local communities from the decision-making process and smudges the revenue transparency, said George Boden, a campaigner at watchdog group Global Witness. Weak enforcement of mining laws excludes local communities from the decision-making process and smudges the revenue transparency, said ...

Financial records the Global Fund requested for its investigation into widespread corruption in health grants to Cambodia were withheld and censored by grant recipients, the probe found, suggesting a systematic attempt to cover up wrongdoing. Out of a total of $220.3 million worth of expenses the ...

Chinese firm Global (Cambodia) Trade Development will launch several more city bus lines in Phnom Penh over the next 10 months, dramatically expanding what has so far been a successful experiment to introduce mass transit to the capital, the company and state media said yesterday. Lin ...

Researchers have discovered a new population of banteng (Bos javanicus), a species of wild cattle, in northwestern Cambodia. The discovery was announced June 4, 2014 by Fauna and Flora International (FFI), and efforts are underway to implement conservation initiatives to protect the area and its newfound banteng, ...

Travelling along National Road 5 in the north of Phnom Penh, the capital of Cambodia, tourists can easily spot a mammoth sailing ship-shaped structure – the China-funded Morodok Techo National Stadium. ...

Cambodia has performed poorly in the 2016 edition of a recent environmental report, ranking a dismal 146 out of 180 countries.The Kingdom returned one of the lowest Environmental Performance Index (EPI) scores in the region, narrowly edging ahead of Myanmar and Laos. ...

As Asean heads toward greater economic integration, Cambodia remains one of the least competitive countries in the world.A country is competitive when it can attract investment and sell and supply goods and services for export at an accelerating rate. According to the World Economic Forum ...