ANGKOR GOLD CORP. (ANK) (“ANGKOR” or “ANGKOR GOLD”) announces that approval from Cambodia’s Ministry of Mines and Energy has been received to proceed with an Environmental Impact Assessment (EIA) on Cambodia’s first royalty-generating gold mine at Phum Syarung. The total area of 12 sq km ...

Cambodia welcomed 3.6 million overseas tourists in the first 10 months of 2014, up 6 percent compared to the same period last year, a tourism official said on Wednesday. Kong Sopheareak, chief of the statistics and planning department at the Ministry of Tourism, said the top ...

Prime Minister Hun Sen on Tuesday suggested eventually extending a controversial new provision banning dual nationals from sitting on the National Election Committee (NEC) to also apply to the National Assembly and executive branch, but said there is no pressing reason to do so. Speaking at ...

The Association of Banks in Cambodia has called on the Securities and Exchange Commission to ensure that over-the-counter derivatives transacted by banks do not fall under the governance of the new draft prakas governing derivatives trading on Cambodia’s stock exchange. Speaking at a workshop in Phnom ...

Some 50 Daun Penh district security guards and about as many riot police prevented 100 anti-eviction protesters from gathering at Phnom Penh’s Freedom Park on Tuesday after the city deemed the gathering illegal. The protesters were from a number of eviction-hit communities, including the Boeng Kak ...

Malaysian budget airline AirAsia launched on Monday “AirAsia ASEAN Pass” in a bid to grab the ASEAN market ahead of the open sky policy that will be implemented next year. AirAsia ASEAN Pass is a travel pass that allows passengers to enjoy flights at a fixed ...

Minor political parties have come out swinging at the ruling and opposition political parties for overhauling the election system on a bi-party basis. Two election-related laws that the National Assembly is expected to pass later this week have been negotiated for months solely by the CPP ...

The National Assembly will likely approve a casino-management bill before the end of the year, which is aimed at doubling gambling revenues and bringing the industry on par with international standards, said a senior official from the Ministry of Economy and Finance. Ros Phearun, deputy director ...

The Apsara Authority, the government entity that manages the ancient temple complex at Angkor, is studying the possibility of increasing ticket prices, stating that current prices are “low” when compared with similar destinations in other countries. Apsara is considering conducting a study as well to ...

Funcinpec party president Prince Norodom Ranariddh has called on the opposition and ruling parties to form a tripartite coalition with the royalists after Cambodia National Rescue Party president Sam Rainsy and Prime Minister Hun Sen embarked on a “honeymoon” after years spent at each others’ ...

Cross-border porters in Banteay Meanchey’s Poipet town over the weekend defended the decision last week to stage a demonstration over customs fees – a demonstration that turned violent and ultimately left four injured – saying that import tax and unofficial fees exacted by police are ...

A new study by the International Justice Mission (IJM) has asserted that Cambodia’s child sex trade – long a hot-button issue that has for years drawn international attention – has been reduced to a tiny fraction of its previous size. A statement from IJM that accompanied ...

Opposition leader Sam Rainsy said Thursday that he had secured pledges of at least $1.5 million in funding for the opposition’s planned television station, but had been forced to abandon a share-selling model to raise the funds. A private company created by the CNRP last year ...

The draft of a rent-control law aimed at regulating rising housing prices and sudden rental hikes for low-income workers and students is expected to go before the National Assembly by the end of June, officials from the bipartisan working group in charge of the law ...

Following Cambodia’s loss of a hefty Filipino rice tender to Vietnam last week, industry insiders say logistics and production costs are hampering the competitiveness of the Kingdom’s rice exports. Cambodia lost a 100,000-tonne tender for the fourth time running after its final price of $455.50 per ...

NGOs brought about 300 people together in front of the National Assembly on Sunday to protest the pending passage of a law that would force all non-government groups and associations in the country to register and file regular reports with the state. Critics of the draft ...

Only days before 11 opposition activists were imprisoned on charges widely branded as politically motivated, Prime Minister Hun Sen personally warned Cambodia National Rescue Party president Sam Rainsy to keep his troops in line and raised the spectre of possible jail sentences.In a text message ...

The Phnom Penh Municipal Court yesterday sentenced four men to between 30 years and life in prison for a grenade attack in Phnom Penh last year, an attempted assassination that injured five people and killed the intended target’s 11-year-old son.Presiding judge Leang Samnath convicted the ...

Government officials and industry insiders downplayed concerns about the sustainability of the construction and real estate sector yesterday, although they agreed that closer monitoring of the industry was needed to understand risks to the economy.at a meeting in Phnom Penh yesterday, officials from several ministries, ...

As Chinese markets plunged 8.49 per cent on Monday sending jitters across global indices, industry insiders yesterday were cautious about its potential spillover effects into the Kingdom, suggesting a wait-and-watch approach to its impact on foreign investment, tourism and the construction sector.Jay Menon, lead economist ...