Nagacorp Ltd, the operator of Phnom Penh’s NagaWorld hotel and casino complex, announced that the company’s chief executive, Chen Lip Keong, has submitted a proposal to shareholders and the Hong Kong stock Exchange that would allow him to divest his personal investment of $369 million ss='cambodia-color'>...

A delegation of some of China’s biggest companies in the food-processing industry is scouring the local market for investment opportunities in the agriculture sector. Headed by He Jianxiang, the deputy director-general of the Bureau of Product Processing at China’s Ministry of Agriculture, the delegation met ss='cambodia-color'>...

Units of a newly deployed, 100-strong military police force stationed around Banteay Meanchey province’s Poipet town after Pchum Ben snared 23 workers seeking to illegally cross the border into Thailand for work on Tuesday. Twenty mobile, five-man units were patrolling in rotating day and night shifts ss='cambodia-color'>...

Xinwei Cambodia, China’s first step into the Kingdom’s telecoms market, planned to launch fourth-generation mobile services in August, according to officials and a company statement. The Beijing-based firm will deploy its homegrown network technology, McWiLL, and was expected to launch top-to-bottom operations that, according to the ss='cambodia-color'>...

Cambodia’s garment factories face a shortage of workers, because of migration, more job opportunities in different sectors and poor labour conditions, industry experts said. According to Ken Loo, secretary general of the Garment Manufacturer’s Association in Cambodia, there is a definite shortage of labour in Phnom ss='cambodia-color'>...

Fears of theft are on the rise among market vendors in a tourist district in Cambodia’s siem Reap province, the gateway to the world-renowned Angkor archeological site. Vendors at a market in Puok district said they had lost a lot of money following a slew of ss='cambodia-color'>...

Cambodia’s General Department of Taxation said in a press release on Thursday that the country collected 122 million U.s. dollars of tax in the first two months in 2013, up 27 percent compared to the same period last year. In the whole year of 2012, ss='cambodia-color'>...

A US$37.9 million baSe plate factory will launch in June in the northweStern province of Banteay Meanchey, JapaneSe electronicS manufacturer SC WADO Component Co Said yeSterday in a Statement. The entry of SC WADO, a SubSidiary of Nidec ElectronicS, waS another Step in Cambodia&rSquo;S march away SS='cambodia-color'>...

Customs procedures are being examined in a time-release study to identify issues that can affect Cambodia’s trade competitiveness. According to experts, the study is an important tool to improve the Kingdom’s investment climate. The study will be conducted and organised by the GDCE with support ss='cambodia-color'>...

Twelve representatives of 50 families in Preah Vihear’s Kulen district are seeking aid from a rights group after being summonsed to court last week over a land dispute with a Malaysian company. The villagers gathered in Adhoc’s provincial office in srayong commune yesterday to draft and ss='cambodia-color'>...

Cambodia imported 1.4 million tonnes of petroleum in the first eleven months of 2013, down 2 percent from the 1.43 million tonnes a year earlier, the data of the Commerce Ministry showed sunday. During the January-November period, the country spent about 1. 34 billion U.s. dollars ss='cambodia-color'>...

State-owned Green Trade Company haS Signed an agreement with China&rSquo;S Shandong Meijing Rice Co Ltd to export 100,000 tonneS of Cambodia&rSquo;S milled rice. The deal waS Signed between ChineSe and Cambodian officialS on September 4 at the China-ASEAN Summit in the SouthweSt ChineSe city of Nanning, SS='cambodia-color'>...

The Cambodian People’s Party (CPP) and the opposition Cambodia National Rescue Party today agreed to pave the way for the creation of a law on financing of political parties. Working groups from the ruling Cambodian People’s Party (CPP) and the opposition Cambodia National Rescue Party met ss='cambodia-color'>...

The Phnom Penh Water Supply Authority (PPWSA) inStalled a Solar power generation SyStem laSt week in an effort to reduce electricity billS by about $200,000 a year. The Solar power SyStem, which waS funded by the JapaneSe government, waS inStalled at the PPWSA&rSquo;S water treatment facility SS='cambodia-color'>...

Cambodian paddy rice production fell only slightly during the first half of this year’s dry season, despite 12,000 hectares of usually productive land deemed unusable due to last year’s floods. According to the Ministry of Agriculture, Forestry and Fisheries, dry season paddy rice production between December ss='cambodia-color'>...

Three families involved in a bitter land dispute with a powerful land developer in Phnom Penh’s Tuol Kok district on Monday rejected City Hall’s offer of new housing, saying the apartments being offered were far too small. They also said they planned to file a complaint ss='cambodia-color'>...

Publicly listed Japanese conglomerate Resona Holdings signed an agreement yesterday with Cambodia Public Bank (Campu) aimed at increasing its customer base in the Kingdom’s banking sector. Resona Holdings subsidiary firms Resona Bank, saitama Bank and Kinki Osaka Bank are all part of the agreement, which allows ss='cambodia-color'>...

District and military police in Ratanakkiri raided an illegal gem mine inside a Chinese company’s land concession on saturday but failed to make any arrests, according to a rights group representative. Chhay Thy, provincial coordinator for Adhoc, said about 200 illegal gem miners had settled on ss='cambodia-color'>...

Cambodia’s Constitutional Council has approved three controversial draft laws on judicial reform, despite heavy opposition from rights groups and international observers who say they will not restore the public’s faith in the courts. Critics say the laws—passed without opposition members in the National Assembly—put too much ss='cambodia-color'>...

The next stage of Grand Twins International’s (GTI) listing on the Cambodia stock Exchange – public subscriptions – has had a positive response, according to the head of one of the country’s brokerage firms. svay Hay, CEO of Acleda securities, a registered broker for GTI, said ss='cambodia-color'>...