Trade between Cambodia and South Korea has risen by almost 40 percent in 2012, a South Korean trade official said. Ki Bong-moon manager of the trade and investment unit at the intergovernmental body the Asean-Korea Centre, said in an email on Sunday that trade between ...

Renaissance Minerals has raised $10 million for its gold-mining program at the Okvau deposit, in Mondulkiri province. The Australian company had estimated the area contained 729,000 ounces of gold. Renaissance’s biggest challenge would be to finance the project by equity investments world-wide, Tremain said. Renaissance is ...

The inclusion of 20 communes to the central Phnom Penh water supply in the past year has resulted in a dramatic increase in demand and subsequent shortages, Phnom Penh Water Supply Authority officials said yesterday. “Water demand in Phnom Penh is growing fast day to-day, ...

Trading on Cambodia’s stock exchange has begun for the first time after a state-run company completed its initial public offering. Some 13 million shares of the state-run Phnom Penh Water Supply Authority were offered at 6,300 riel ($1.57) per share. The stock exchange was officially launched in ...

Champagne greeted the movers and shakers at the highest level of Cambodia’s tallest building yesterday in a ceremony that marked substantial completion of the structure of Vattanac Capital Tower. Designed in the shape of a dragon with particular attention to the Chinese art of placement for ...

Prime Minister Hun Sen yesterday urged Cambodian food and beverage companies to look to export markets. The call, made at the opening ceremony of the Khmer Brewery, came in the wake of similar exhortations from international organisations for Cambodia to diversify its exports. “Now, we are not ...

The Kingdom’s first life insurance company, Cambodian Life, launched yesterday, courting a market almost entirely unfamiliar with the service. Industry insiders said demand for the products would need time to grow. The establishment of Cambodian Life in the Kingdom would develop confidence in the market and ...

A long day of negotiations failed to resolve a factory dispute yesterday at a company that supplies to major international brands Gap, Levi’s and H&M. After more than 1,500 workers from SL Garment Processing (Cambodia) factories in the capital’s Meanchey district marched to the Ministry of ...

The president of the Cambodian Alliance of Trade Unions has been summonsed to Kandal Provincial Court to answer incitement and defamation allegations levied against her by the owner of the strike-plagued Tai Yang Enterprise factories. The court complaint comes ahead of major negotiations today in the ...

Cambodia on Monday broke ground for the construction of a 19-million-U.S.-dollar flyover in Phnom Penh’s southwestern part to meet the growing number of vehicles. Prime Minister Hun Sen said it will take 28 months to complete the construction of the 429-meter flyover. “The sky bridge will not ...

China has reportedly dispatched embassy officials to investigate a major breach at the Chinese-built Stung atai dam in Pusat province on Saturday, which swept away four men, three of whom are still missing. Yang Tian Yue, spokesman for the Chinese Embassy in Phnom Penh, told local ...

Prime Minister Hun Sen yesterday criticized the Cambodian News Channel (CNC) for broadcasting an interview with an NGO worker who had claimed on air that the large number of illegal Cambodian workers to Thailand was due to high cost of obtaining a Cambodian passport. Speaking at ...

Nine months after Cambodia’s stock exchange was officially launched, the country’s first share started trading Wednesday, with the initial public offering of state-owned Phnom Penh Water Supply Authority. PPWSA’s stock, priced at 6,300 riel (US$1.57), jumped 48% to 9,300 riel, according to the data from the ...

During the final day of testimony by Sar Kimlomouth at the Khmer Rouge tribunal yesterday, the defence team for co-accused Khieu Samphan sought to weaken the ties between their client and the Ministry of Commerce, within which Sar Kimlomouth, a former banker within Democratic Kampuchea, ...

Prime Minister Hun Sen said yesterday 700 volunteers from the Cambodian People’s Party had fanned out across eight provinces to measure properties and provide titles to villagers who have been displaced by land disputes. Speaking to about 10,000 villagers in the Kroch Chhmar district of Kampong ...

Prime Minister Hun Sen yesterday encouraged Cambodians to strive for Chinese-style millionaire status as he inaugurated a sugar refinery located inside two controversial plantations belonging to CPP Senator Ly Yong Phat and his wife in Kompong Speu province. “I have one clear policy in strengthening the ...

The Prime Minister appealed Wednesday to Australian investors to increase their investments in Cambodia, especially in the agriculture and the tourism sectors. The comments were made during a meeting with the outgoing Australian Ambassador to Cambodia, Penny Richards, at the Peace Palace. He said, because of ...

Blackouts in Phnom Penh will no longer be a problem after an energy source near Sihanoukville starts providing an extra 50 megawatts of coal-fired power to the city next month, the director-general of Electricite du Cambodge (EdC) said. Keo Rottanak said by mid-June at the latest ...

An information and communications technology (ICT) event will be held from July 5-7 this year, offering sales and networking opportunities amid a surge in ICT growth in the Kingdom. Expected to draw about 100 companies, the Mobile Social Commerce International Conference and Expo at Phnom Penh’s ...

Two days before a land activist’s scheduled sentencing, about 400 people affected by land grabs demonstrated at Pursat Provincial Court in support of the man who frequently protests against the Pheap Imex Company. About 12,000 families are now involved in land disputes around a Pheap ...