Although house prices increased sharply in early 2013, they have remained stagnant following the national election last month. Kuy Vat, the President and CEO of VTrust Group, said housing prices in many projects remain unchanged, because most customers are waiting for the formation of the new ...

National Assembly Chairman Heng Samrin has urged the opposition Cambodia National Rescue Party (CNRP) to negotiate with the ruling Cambodian People’s Party (CPP), and join the government’s parliamentary sessions. The appeal was made after the National Assembly kicked off its session on Thursday to elect the ...

Cambodia’s banking sector remains stable with steady growth in business operations even though political tension between the ruling party and the opposition party over election results is still going on, Central Bank’s chief said Friday. “The banking sector has been developing soundly, in terms of ...

The plan to build the US$1.1 billion Booyoung Town commercial city and housing estate on Russian Federation Blvd near the 7 Makara Bridge is moving forward slowly while the political situation remains unclear. Despite the political situation, construction at Booyoung Town was slowly moving forward and ...

PHNOM PENH (The Cambodia Herald) — Chinese Tourism companies have warned their citizens visiting Siem Reap province not to buy gifts or souvenirs from vendors for fear of expensive counterfeit products.  A tourist guide in Ankor Wat, Siem Reap said that this happens a lot because ...

Group Lease plans to raise Bt3.4 billion from shareholders to expand its main motorcycle-leasing business aggressively and enter other types of “small credit” businesses here and in neighbouring countries, especially Cambodia, over the next two years. The company is reportedly negotiating to take over a ...

Clothing giant H&M is considering raising retail prices and passing the buck onto the consumer to help pay higher wages to garment workers in poor countries. There won’t be any price increases in the short-term, but it “might be a possibility” in the future, Helena Helmersson, ...

Six farmers were killed on the spot and another one seriously injured after a home-made tractor ran onto an old anti-tank mine in northwestern Preah Vihear province, police chief confirmed Thursday. The accident occurred in a forest in Chom-ksan district when the tractor hit the mine ...

The Cambodian pro-opposition trade unions on Thursday called on garment workers, civil servants and common people to join a massive nonviolent demonstration against the July 28 election results. In the election, Prime Minister Hun Sen’s party gained the victory. The Cambodia National Rescue Party (CNRP) of long-time ...

The opposition Cambodia National Rescue Party yesterday withdrew from talks with the government scheduled for today in protest against soldiers cracking down on monks and demonstrators during a garment worker strike in the capital. Special Forces Airborne 911 Unit soldiers with metal pipes, knives, AK-47s, slingshots ...

A provincial coordinator for rights group Adhoc claimed Thursday that a representative of a company the group was investigating attempted to crash his car into him and two of his colleagues in Mondolkiri province. Sok Ratha said he had received a complaint in December about a ...

More than 170 trainees at a Chinese-backed power plant under construction in Preah Sihanouk province ended a five-day protest on Monday after securing higher wages from their employer, according to a union representative and provincial official. Khmer Workers Power Federation Union president Chey Sovann, who negotiated ...

Cambodia has imported 871,000 tons of petroleum in the first six months of the year, a 5.6 percent decline compared with the 922,800 tons at the same period last year, the figures of the Ministry of Commerce showed Monday. During the January-June period this year, the ...

In the first six months of 2013, the total amount of government-approved investment in Cambodia jumped more than 200 per cent year-on-year, according to the most recent statistics from the Ministry of Economy and Finance. Released on Friday, the numbers show that $2.3 billion was earmarked ...

Minister of Interior Sar Kheng sent a letter to the National Police last week asking it to step up its search for Chhouk Bandith, the former Bavet town governor convicted of shooting three garment workers at a factory protest last year. Interior Ministry spokesman Khieu Sopheak ...

Opposition supporters in Ratanakkiri yesterday said that local authorities aligned with the ruling Cambodian People’s Party have actively obstructed their efforts to circulate petitions ahead of Wednesday’s planned rally in Freedom Park. After collecting more than 100 thumbprints, local government and police officials in Bakeo district ...

Droves of seafood sellers descended on the normally sleepy Kep province this past weekend, attempting to capitalise on a tourism festival set up to drive dollars to Cambodia’s coastal areas. But overcrowding and blocked roads pushed prices down and kept customers away, according to vendors. The ...

Cambodia’s nine phone service operators plan to establish an independent body to debate issues within the industry, according to a statement yesterday from the Telecommunications Regulator of Cambodia (TRC). Forming the Association of Telecommunications Operators in Cambodia, or the atC for short, was agreed upon in ...

At least 11 people were murdered during domestic disputes or committed suicide after suffering domestic violence in the past two months, local rights group Adhoc said in a stAtement Monday. Only two perpetrAtors were charged in these crimes, Adhoc said, highlighting the lack of law enforcement. “Adhoc ...

Overall revenue from Cambodia’s booming tourism sector reached $2.5 billion last year, according to Tourism Minister Thong Khon. Khon said in an interview on Tuesday that the figure, which does not reflect the amount the state collected in taxes on the sector, marked a 15 per ...