Cambodia’s stock market, which is set to open next week after several delays, may be able to lure five-to-10 initial public offerings a year, according to Korea Exchange Inc., the Cambodian government’s partner in the bourse. State-owned Phnom Penh Water Supply Authority (PPWSA) will start trading href='https://opendevelopmentcambodia.net/news/cambodia-may-lure-up-to-10-ipos-a-year-korea-bourse-says/ ' class='cambodia-color'>...

The hotel industry in Cambodia is growing but still sees room for improvements, industry experts said at the Cambodia Hotel General Managers Summit in Phnom Penh yesterday. In terms of revenue and the number of players, the hotel and restaurant industry has an overall growth rate href='https://opendevelopmentcambodia.net/news/growth-in-hotel-industry/ ' class='cambodia-color'>...

A joint investigative committee will be established to re-examine the killing of activist Chut Wutty and military police officer In Rattana, the head of the armed forces told the Post yesterday, after providing his own version of the incident to radio. Pressure from the families of victims and href='https://opendevelopmentcambodia.net/news/chut-wutty-death-to-be-examined-by-committee/ ' class='cambodia-color'>...

Yesterday a Reuters news story, “Insight: China gambles on Cambodia’s shrinking forests,” which also ran in today’s Phnom Penh Post and Cambodia Daily, mentioned Open Development Cambodia, and suggested that we are partnering with a local advocacy group to track concessions. This is not accurate. Like href='https://opendevelopmentcambodia.net/news/revision-for-reuters/ ' class='cambodia-color'>...

Prime Minister Hun Sen has called on unions, employers and the Ministry of Labour to take a collaborative approach to stamping out violent protests in the garment industry, a unionist said yesterday. During a Saturday conference involving 4,000 people from more than 60 union groups, Hun href='https://opendevelopmentcambodia.net/news/garment-sector-peace-sought/ ' class='cambodia-color'>...

Prime Minister Hun Sen yesterday blamed soaring food prices on fuel prices set by oil cartels like OPEC, appealing to oil-producing countries to pay attention to the connection between food security and energy. Cambodia imports 100 per cent of its oil, and the majority of agriculture href='https://opendevelopmentcambodia.net/news/pm-announces-oil-food-equation-hurting-poor/ ' class='cambodia-color'>...

The Cambodian government has cancelled a 14,981-hectare concession in the Cardamom mountains granted to an Australian firm for a banana plantation, the conservation group Wildlife Alliance has reported. Wildlife Alliance has long lobbied against the concession in Koh Kong province’s southern cardamom forest on which Indochina href='https://opendevelopmentcambodia.net/news/land-concession-cancelled-by-pm/ ' class='cambodia-color'>...

Representatives of Cambodia’s booming tourism industry yesterday called on the Asian Development Bank to provide funding for workforce training in the sector. During the meeting at the Cambodia Chamber of Commerce, tour operator Ho Vandy, who also co-chairs the Tourism Working Group in the Government-Private Sector Forum, said representatives href='https://opendevelopmentcambodia.net/news/training-needed-for-tourist-industry/ ' class='cambodia-color'>...

In the face of increasing economic land concessions and ongoing restrictions on expression, disaffected Cambodians were increasingly taking to the streets with success, Amnesty International representatives said yesterday at the launch of their annual report. Amnesty reported that Cambodians continued to face challenges to their human href='https://opendevelopmentcambodia.net/news/defiance-works-amnesty/ ' class='cambodia-color'>...

The number of strikes in Cambodia’s garment industry could be set to dip and workers could be on their way to free lunches after both sides of the industry signed a two-year memorandum of understanding (MoU) yesterday. The MoU – inked by the Garment Manufacturers Association (GMAC) in href='https://opendevelopmentcambodia.net/news/striking-the-right-balance/ ' class='cambodia-color'>...

The largest bank in Cambodia, Acleda Bank Plc, has extended its mobile banking and payments service to consumers without an existing banking relationship of any kind, according to a press release by global technology provider Fiserv. Established in 2010, Acleda Unity now reaches untapped consumer segments using href='https://opendevelopmentcambodia.net/news/banking-made-more-accessible/ ' class='cambodia-color'>...

Adding to a growing list of foreign groups to censure the Cambodian government in the lead-up to the ASEAN Summit, the International Labour Organization yesterday ranked Cambodia among the biggest violators of the right to freedom of association. The Cambodia section of the report, which collated href='https://opendevelopmentcambodia.net/news/ilo-slams-kingdom-on-union-record/ ' class='cambodia-color'>...

Toll Group has informed the Cambodian government that it will suspend all railway operations and lay off half of its Cambodian staff at the end of the month, according to a source familiar with the situation. The Australian logistics firm, which in partnership with Royal Group href='https://opendevelopmentcambodia.net/news/toll-trains-said-to-stop-march-31/ ' class='cambodia-color'>...

After the garment industry, Cambodia’s Rice Milling efforts have been seen as ripe for consolidation. Discussion has focused on what model to adopt. Industry members have taken varying stances, as have members of the government more href='https://opendevelopmentcambodia.net/news/rice-milling/ ' class='cambodia-color'>...

After reporting 26 human H5N1 avian influenza cases in 2013, by far the most of any country, the Kingdom of Cambodia has announced their first case of the lethal bird flu on 2014, according to a Ministry of Health press release Feb. 4.   The case is a 5-year-old href='https://opendevelopmentcambodia.net/news/h5n1-avian-influenza-first-human-case-reported-in-cambodia-in-2014/ ' class='cambodia-color'>...

Real estate developments covered in green tarp have sprung up across the capital’s Boeung Kang Kong commune, and housing units are filling before the projects are finished, insiders said. The value of construction approvals in Phnom Penh jumped by 557.5 per cent in March to US$150.5 href='https://opendevelopmentcambodia.net/news/phnom-penhs-new-apartments-soar-on-high-rents/ ' class='cambodia-color'>...

An increasing number of boutique hotels are appearing in Cambodia and attracting foreign investment, insiders say, including a US$2 million investment in the Governor’s House, a newly opened, 10-room boutique hotel in Phnom Penh. The number of boutique hotels in Cambodia has increased rapidly, particularly in href='https://opendevelopmentcambodia.net/news/boutique-hotels-rising/ ' class='cambodia-color'>...

Cambodians in Washington raised more than $15,000 for the Kantha Bopha Hospital on Saturday, at an event sponsored by the Cambodian Embassy. href='https://opendevelopmentcambodia.net/news/cambodians-in-washington-fundraise-for-childrens-hospital/ ' class='cambodia-color'>...

Passenger traffic at Cambodia’s three main airports climbed by 21.8 per cent during the year to date compared to the same period last year, according to data released yesterday by Cambodia Airports. href='https://opendevelopmentcambodia.net/news/cambodian-airport-traffic-soars-despite-global-slump/ ' class='cambodia-color'>...

The U.N. refugee agency warns the number of people forcibly displaced from their homes is likely to exceed 60 million in 2015.The UNHCR has released its Mid-Year Trends 2015 report covering global forced displacement during the first six months of this year. href='https://opendevelopmentcambodia.net/news/un-record-breaking-60-million-forcibly-displaced-worldwide/ ' class='cambodia-color'>...