The number of microfinance institutions has been growing steadily over the past decade and this has contributed rising living standards in the Kingdom, according to the Cambodian Microfinance Association (CMA). ...

Cambodia lost 10 percent of its gross domestic product (GDP) last year to the negative effect of climate change, according to the Asian Development Bank (ADB). In announcing a $96 million package to help the Kingdom cope with the loss of livelihoods and income due to ...

The government decided to drop a 10 percent value added-tax (VAT) for rice products during a meeting on Wednesday between representatives of the rice sector and government officials at the Council for the Development of Cambodia in Phnom Penh, officials said.   ...

In order to pacify concerns that filling in Phnom Penh’s Boeng Kak lake would lead to flooding, it was claimed by officials that 10 hectares of the 90-hectare lake would be preserved to absorb heavy rainfall. Now, four years after sand began streaming into Boeng Kak, ...

The cargo of merchandises including clothes, agriculture products, construction, electronics and other products through the Phnom Penh Autonomous Port (PPAP) has increased 10 percent in the first five months of this year in comparison to the same period last year, according to PPAP’s statistics. ...

A Malaysian-base[d] energy service group has plans to spend roughly $10 million to build a biomass power plant in Cambodia. Wah Seong Corporation Berhad’s plant would have a production capacity of up to 10 megawatts, said the group’s chief executive, Chan Cheu Leong, in an article ...

Kampong Cham police officials arrested 10 suspects on Sunday for illegally fishing the Mekong River in Koh Sotin district. “Seven are Vietnamese and other three are Muslim Cambodians. They used illegal equipment to fish in the Mekong River, such as four motor boats, trawls and two ...

Ten years ago Wednesday, union leader Chea Vichea walked to his favorite newsstand in front of Wat Lanka to read the day’s headlines: Prime Minister Hun Sen had ordered spending cuts, health officials were trying to handle the first outbreak of bird flu in Southeast ...

Cambodian firm Angkor Gold Corp (ANK) on Thursday finalised a partnership agreement with Hong Kong firm Tohui Beishan Property Group Holding Limited (TG) worth more than $10.4 million. According to a company statement issued on the Toronto Stock Exchange, ANK granted the Hong Kong firm 7.9 ...

A 24-year-old student was sentenced to 10 months in prison by the Phnom Penh Municipal Court yesterday for posting 14 nude photos of his girlfriend on Facebook in an attempt to extort money from her in exchange for deleting them. Presiding judge Mong Mony Sorphea said ...

The government has granted China’s Xinwei Telecom a license to become the country’s tenth mobile phone operator and the second firm to roll out so-called 4G technology, the fastest and most advanced network currently available on the market. Those in the telecommunications industry said that the ...

Amru Rice Group, one of Cambodia’s largest rice exporters, on Thursday signed a contract purchase agreement with 4,000 organic rice farmers in Preah Vihear province. The agreement effectively means that the company will reserve nearly $10 million to purchase around 30,000 tonnes of organic paddy ...

Two regional companies have invested nearly $10 million to acquire 14 million shares in the Phnom Penh Special Economic Zone Plc (PPSEZ) – one of five companies listed on the Cambodia Securities Exchange (CSX) – in what is considered the first ever private offering by ...

Prime Minister Hun Sen asked his South Korean counterpart, President Park Geun Hye, to grant an additional $10 million yesterday for the second stage of the National Road 21 construction in Kandal province’s Saang district. ...

Eight Nigerians were sentenced to 10 years in prison for drug trafficking by the Phnom Penh Municipal Court on Friday following a sting operation last year that culminated with an undercover officer purchasing 100 grams of crystal methamphetamine from one of the eight. ...

If you’re planning to get away next week for Khmer New Year, it might be wise to keep an umbrella on hand. According to the government’s weather authority, the country can expect the lowest holiday temperatures for the past decade amid unseasonal lashings of rain. ...

Axiata Group sold a 10 percent stake of its Cambodian subsidiary Smart Axiata to Japanese group Mitsui Co Ltd to form a strategic partnership and further the firm’s activity in the Kingdom, according to a company release on Friday. ...

The owner of the under-construction 10-storey building located on the corner of Street 178 and Norodom Boulevard, who asked not to be identified, said the building will be used as office space and apartments. The three floors on the top of the building will be apartments ...

State-owned rice miller Green Trade plans to export about 10,000 tonnes of milled rice to Libya this year, an insider has revealed. Thon Virak, director of state-owned rice exporter Green Trade, told the Post yesterday that he had signed an export deal with a private company ...

The Critical Ecosystem Partnership Fund has committed to provide another $10 mln U.S. in grants to address the environmental crisis engulfing mainland Southeast Asia. The ground-breaking biodiversity fund was launched in 2008. During the first phase, $10 mln was invested in efforts to conserve the critical ...