In what is the government’s latest pledge to hold tycoons and foreign investors to account for their business practices, the Ministry of Environment will begin assessing existing and proposed economic land concessions (ELCs), cancelling or rejecting those that have negative social or environment impacts, a ...

A plan floated in Thailand to cut state educational support to migrant workers’ children has drawn the ire of rights groups, which say thousands of Cambodian youths could be denied their basic right to education. According to Thai media, Kamol Rodklai, secretary-general of the Office of ...

Cambodia is seeking access to the scores of artefacts seized from disgraced former crime-buster Lt-General Pongpat Chayaphan to determine if any of them belong to it, diplomatic sources said yesterday. Bowornwej Rungrujee, director-general of the Fine Arts department, early this month offered to send back some ...

Officials and securities firms yesterday showed little distress at the imminent retirement of Ek Sonn Chan, the man credited with straightening out and preparing the capital’s public water utility for its initial public offering in April. A letter from the Ministry of Industry, Mines and Energy ...

The Cambodia Securities Exchange (CSX) is currently going over its first-ever initial public offering (IPO) eligibility review application for a company to list on its Growth Board since the secondary board was launched in 2015, its vice-chairman Ha Jong-weon told The Post on December 14. ...

Cambodian Xing Can Shi Pin Co Ltd has reportedly earmarked $11.2 million to set up a factory to process cashew nuts and produce dried mangoes, pineapples, jackfruits and longan, in Kampong Speu province’s northwesternmost Oral district, offering a ray of solace to the Kingdom’s beleaguered ...

The Ministry of Environment on Monday has approved five small-scale eco-tourism development plans in Preah Monivong Bokor National Park. These new eco-tourism projects in Kampot province’s Prek Tnort commune will create more employment opportunities for the local population, offering sustainable livelihoods and improving the local ...

UNICEF and the NGO Save the Children jointly hosted a forum in Phnom Penh marking the 10th anniversary of the global launch of the “Children’s Rights and Business Principles”. These principles offer guidelines for businesses as they embed children’s rights into their business strategies and ...

Australia’s special envoy for Southeast Asia Nicholas Moore said his nation has a lot to offer Cambodia and the region where it sees itself as a trusted and reliable partner, according to a statement released by the Australian Embassy in Cambodia Friday. ...

Cambodia is set to offer tax incentives for another two years on rubber exports, starting from January 1, 2024, aiming to encourage cultivation and support growers and exporters in the face of declining prices due to a drop in international demand. ...

The Belt and Road Initiative (BRI) pioneered by China will not lead the country into a debt trap, Sun Chanthol, deputy Prime Minister and First Vice President of the Council for the development of Cambodia, said, dismissing the narrative about the adverse effects the BRI ...

Under newly implemented regulations, the Royal Government of Cambodia (RGC) has offered various tax incentives for micro, small and medium-sized enterprises (MSMEs) currently operating in the informal economy to properly register their businesses with the Ministry of Commerce (MoC) and the General department of Taxation ...

A small community of houses sit on the edge of a tranquil stretch of river in Kampot, where ecotourism project Trapaeng Sangkae Community Fisheries has breathed new life into the area, offering residents an extra form of income while helping to conserve this delicate riverine ...

The Vietnamese embassy fired back yesterday at opposition party leader Sam Rainsy’s claim that Vietnamese companies granted economic land concessions in Prey Lang forest are turning the area into a Vietnamese “colony”. On Wednesday, Rainsy visited the forest and claimed that CRCK, a Vietnamese firm granted ...

All land that is not state public property or is not privately owned is de facto state private land. State private land may be sold, exchanged, leased, granted as concessions, or otherwise alienated. ...

Prime Minister Hun Sen on Thursday warned that he will give the CNRP parliamentary seats away if they refuse to take their seats at the National Assembly, German Ambassador Wolfgang Moser said. Ambassador Moser said Mr. Hun Sen asked him to pass that message along to ...

This year, the Cambodian people celebrate their 60th National Day as well as the birthday of the Cambodia Kingdom’s royal army under the bright leadership of King Norodom Sihanouk, who relentlessly struggled against the French colonialists to gain independence (09-11-1953 – 09-11-2013). In 2010, Father ...

As government borrowing from China continues to increase, a new study released yesterday showed that Chinese concessional loans carry higher interest than any others. According to the study, released by the NGO Forum on Cambodia at a workshop in Phnom Penh, China’s average interest rate on ...

Phnom Penh Water Supply Authority aimed to raise US$20.4 million in a long-awaited initial public offering scheduled for mid-April, the company said yesterday during its first pitch to investors. “We’ve targeted trading for the 18th of April,” said Han Kyung-tae, managing director of Tong Yang ...

Phnom Penh Water Supply Authority is gearing up to price an initial public offering of up to $24 million on 18 April, making it the first stock to be traded on Cambodia’s fledgling stock exchange. Huy Vatharo, an executive director at underwriter Tong Yang Securities, ...