Tepid interest in a Taiwanese-owned garment manufacturer’s planned initial public offering in Cambodia means that the deal could be priced below the midpoint of an indicative range, a person with direct knowledge of the offering said Thursday. Grand Twins International (Cambodia) PLC had planned to sell ...

Following the success of Borey River Town, the investor behind it has announced plans to inject $100 million into developing a new project. General manager Teng Rith says that construction of Borey River Town is now 50 per cent complete, with some 80 per cent of ...

Anil Wadhwa, India’s deputy foreign minister, met with Foreign Minister Hor Namhong on Wednesday and promised to honor his request for millions of dollars in loans, a spokesman said. He [Foreign Affairs Ministry spokesman Koy Kuong] said that Mr. Namhong then requested money to complete ...

Union activist Vorn Pao and 20 other workers and activists who have been jailed since the violent suppression of garment protests in early January had their request for bail heard for the fifth time on Friday, this time by the Supreme Court. Mr. Pao, the president ...

In what looks to be a concerted push into the Southeast Asian energy sector, Japanese import and export conglomerate Marubeni Corporation has acquired a large stake of Cambodia’s power generation infrastructure. In a Tokyo Stock Exchange filing dated June 2, Marubeni announced it had purchased a ...

Insurance providers sold far fewer motor vehicle and personal accident policies in 2013 than in the previous year, sparking concern among some in the industry that the importance of being covered in case of a road accident isn’t getting through to drivers. According to the General ...

With construction on the second phase of a new cargo terminal at the Phnom Penh Autonomous Port (PPAP) set to begin in 2016, officials are now looking for ways to finance the project. Hei Bavy, director general for PPAP, said the $20 million expansion will see ...

A UN delegation met with Ratanakkiri province’s deputy police chief yesterday afternoon to discuss the fate of 13 Montagnard asylum seekers who have been hiding in the province in recent weeks. The provincial administration, however, has continued to call for the group’s deportation. Deputy police chief ...

A 20-year-old woman who suffered serious burns earlier this month after being doused with acid passed away on Saturday, marking the first reported acid-attack fatality in Cambodia since 2012. On March 6, security guard Meas Vanny was walking from her rented room to begin a shift ...

Preparations for this year’s Angkor Sangkran, Siem Reap’s largest cultural event, are almost complete, with half a million tourists expected to join in the celebration during Khmer New Year, according to provincial officials. Of the anticipated 500,000 visitors this year, the majority are expected to be ...

Seang Sarin swears he only fell asleep for a moment. It’s a moment he has cursed and played over in his head for nearly 20 months now.Speaking to the Post in a detention room at the Kandal Provincial Court this week, the former guard at ...

The government hit a 20-year record in fiscal revenues from tax and Customs and Excise last year, exceeding the target and rising nearly a third year-on-year. Together they were nearly equal to planned expenditure. ...

The Ministry of Health has ramped up its preparation to stem the spread of the deadly Covid-19 disease in the Kingdom thanks to help from the Jack Ma and Alibaba foundations which donated 20,000 test kits to the Kingdom. ...

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 ...

Cambodia is to join the ranks of declining overseas worker remittances this year after the World Bank projected global remittances will decline sharply by about 20 percent in 2020 because of the economic crisis induced by the COVID-19 pandemic and consequent business shutdowns ...

The Governor of Mondulkiri Province, Svay Sam Eang, said that people from other capitals and provinces and those who are suspected to have health problems related to the February 20 community event must be quarantines for 14 days before they are allowed entry into the ...

The Ministry of Education, Youth and Sport has announced that all staff members at public and private academic institutions who have received their first vaccine shots are now required to return for their second doses from April 20 onward at schools designated by the district ...

The government has imposed inter-provincial travel ban from April 7-20 in a bid to contain the spread of Covid-19. However, Phnom Penh and neighbouring Kandal province are treated as one administrative region, so travel between them can continue.   ...

The Ministry of Environment is installing 50 incinerators to burn medical waste from Covid-19 treatment and quarantine centres in the capital and 20 provinces to solve the problem head-on as about 100 tonnes of this waste was piling up per day across the country.203;203; ...

Officials from the General Directorate of Consumer Protection, Competition and Fraud Repression (CCF) found 17 fuel businesses in four provinces conducting illegal business, while more than 1,000kg of defective goods and over 500 litres of counterfeit alcohol were confiscated and destroyed from October 18-20. ...