In another record-breaking low point, shares of the Phnom Penh Water Supply Authority dipped under 5,000 riel by market’s close yesterday, while one investor sold off some 25,000 shares. The price drop came amid heightened tensions in Phnom Penh. Opposition Cambodia National Rescue Party lawmakers followed ...

The Council of Ministers has nullified a 2009 law that set minimum prices on telephone calls, paving the way for regulators to reset the country’s telecommunications prices, which industry executives say are too high. The law, Prakas 232, which has been widely flouted, set a minimum ...

Cambodia has welcomed 2.43 million international tourists in the first seven months of the year, up 19 percent compared with the 2.04 million tourists over the same period last year, the figures of the Ministry of Tourism said Thursday. During the January-July period this year, Vietnam ...

Preliminary results of a new survey show a steady rise in the price of land in Phnom Penh since the country’s property boom in 2008 and spectacular bust in 2009. The initial findings of the survey by VTRUST Property Co. Ltd. examine land prices during the ...

The International Finance Corporation’s compliance ombudsman has officially accepted a complaint filed by ethnic minority families in Ratanakkiri province against the IFC for investing in rubber plantations accused of stealing land and clearing forests. In a letter sent to the families on Monday, the ombudsman deems ...

A group of 13 Vietnamese nationals were apprehended by Cambodian fishermen on Sunday night while illegally fishing off the coast of Kampot province and are being held for repatriation, according to a village representative and the provincial governor. Neak Sen, a representative of a fishing community ...

The setting is familiar – a garment factory in Kandal province that supplies Levi’s and Gap – and so is the number of people involved, but a strike that has raged at Yung Wah Industrial II factory since Monday has a twist: it’s worker versus worker and union versus ...

Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, successfully raised $5.2 million in an initial public offering that was more than 1.4 times oversubscribed, its underwriter said yesterday.Subscription for 4.1 million shares, a 20 per cent stake, of the port ...

Approved investments in Cambodia reached $5.6 billion during the first nine months of the year, a 305 percent increase compared to the same period the year before, according to data from the Council of the Development of Cambodia (CDC). Last year’s approved investments during the same ...

A Vietnam Electrical Equipment Corporation subsidiary has broken ground on a new factory to be built in the Phnom Penh Special Economic Zone (PPSEZ). THIBIDI is building a $1.5 million factory in order to manufacture transformers and will employ approximately 150 people. The plant is ...

The Ministry of Interior will carry out a census of local NGOs and associations from October 10 to November 29 to obtain updated figures of how many such organisations are present in the Kingdom. Some 5,386 NGOs and associations had registered with the Ministry of ...

Prey Veng provincial officials yesterday warned residents that water levels of the Mekong river under the Neak Loeung bridge are continuing to rise. Provincial Governor Chea Somethy said yesterday that residents should continue to be cautious, noting that the water is close to reaching the ...

Dozens of families in Preah Sihanouk province are concerned they will lose their land after hearing that a tycoon is seeking the local authority’s approval to transfer ownership of over 500ha to him, while the families claim the actual area of land he owns is ...

A deminer killed in Pursat province late last month was using the “wrong tool” while clearing an area of land in the infamous K-5 minefield when he detonated an anti-personnel landmine, according to a preliminary investigation by HALO Trust, the NGO for which he worked. ...

Cambodia has purchased new aviation software that will allow it to better manage flight operations in and out of airports. Cambodia Airports handled more than 5.7 million passengers and 64,000 flights movements in 2014, an increase of 13% and 10% respectively compared to 2013. ...

It takes three hours by car to get to the quiet province of Pursat from Phnom Penh, winding westwards along approximately 200 kilometres on National Road 5. Recently, though, the sleepy town has been stirring under some ongoing developments in the form of a combined ...

The government has officially made $27 million in emergency funds, initially intended for the rice sector, available for struggling corn farmers at a 5 percent annual interest rate to help prop up low market prices and free up liquidity after farmers protested earlier this month, ...

Record low temperatures and unseasonable rainfall over the past week were a glimpse into the potential, intensifying effects of climate change in Cambodia, experts said, a phenomenon that studies suggest could seriously hinder future agricultural productivity through flooding, unpredictable rains and warming of up to ...

In a letter to mark the world population day, Prime Minister Hun Sen on Thursday said: “Cambodian population will grow to 18 million in 2030 and 21 million in 2050. Currently Cambodian people are in 1.5 per cent birth rate per year and on average a Cambodian woman delivered 3 babies ...

The Construction of Second Chroy Changva Bridge, which is funded by Chin’s loan, is expected to be finished by the end of 2014, reducing the heavy traffic on the current Chroy Changva Bridge, said a government official. The construction project costs USD 27.5 millions and ...