ASEAN Valuers Association have reported that property prices in Cambodia have not changed since 2009. Property prices in Phnom Penh are 2 percent lower than they were in 2009. CEO of Bonna Realty Group Sung Bonna has said that investors should take advantage of low ...

Some 270,000 supporters of competing political parties will participate in rallies in Phnom Penh on Friday when campaigning ends – the largest such gathering in the Kingdom’s history. It will be the final push as the 20 parties taking part in the July 29 national ...

Fifty-eight protesting workers from the Tai Seng special economic zone (SEZ) in Bavet City were arrested on Monday morning and released in the evening after agreeing not to use violence or damage property in the future, authorities said, the latest development in a bout of ...

A conservation scheme begun eight years ago in Preah Vihear province, in which farmers are recruited to grow organic rice for the international market in exchange for protecting local ecology, has successfully signed up 43 new families in Stung Treng province over the last year, ...

Laos wants to start construction this year on the $3.8 billion (Bt115 billion) Thai-financed Xayaburi hydropower plant on the Mekong River after changing the design of the dam to placate neighbouring countries opposed to the project. Laos completed a review of the dam recently to ease ...

The judiciary has signed off on a new set of guidelines designed to regulate the work of prosecutors in many areas, including the rights of minors in the judicial system. Ouk Savuth, general director of the Court of Appeal, signed off on the guidelines on August ...

Swedish clothing giant H&M recently announced a program to boost wages for garment workers in its sub-contractor factories around the world, including in Cambodia, where the company is a leading buyer. H&M’s announcement comes at the end of a turbulent year in the garment sector ...

Nearly all of Phnom Penh’s communes have voter registration rates in excess of 100 per cent, amounting to more than 145,000 additional names, with one commune topping the 200 per cent mark, an analysis of previously unseen government population data reveals. Further analysis of the already ...

Some 300 families from Bantey Meanchey province’s Preah Netr Preah district-embroiled in two separate long-running disputes with Royal Cambodian Armed Forces (RCAF)-yesterday submitted complaints to the provincial governor asking for permission to temporarily farm on the land until the ownership dispute is resolved, villagers and ...

Entertainment Gaming Asia Inc (EGA), a NASDAQ-listed company that supplies NagaWorld Casino with slot machines and operates casinos in Poipet town and Pailin province, reported a net loss of $385,000 from continuing operations in the second quarter of 2013, according to a statement from the ...

After more than three years of disappointment in its search for large gold deposits in Mondolkiri province, Australian mining firm OZ Minerals has decided to sell its Cambodian assets to another Australian company In a statement to the Australian Stock Exchange, OZ Minerals said that it ...

The Cambodian National Petroleum Authority restricted vital information and failed to cooperate with consultants working for the Asian Development Bank who were deployed to the authority between 2007 and 2010 as part of a $1 million project to strengthen governance at the body, a new ...

With a court date hanging over his head for his involvement in the Tai Yang factories strike in Kandal province, Cambodian Confederation of Unions president Rong Chhun yesterday intervened in another garment dispute, this time in Kampong Speu province. About 1,000 workers entered day five of ...

Cambodia’s growing economy and hunger for new brands, particularly among young people, contribute to making Cambodia a profitable market for the franchise business, industry insiders said at the Franchising Forum in Phnom Penh last week. [Rami Sharaf, CEO of RMA Group in Cambodia] said Cambodia is ...

The falling price of gold on international markets is leading to high sales of the precious metal in Cambodia as consumers fear prices could continue to tumble, gold traders said yesterday. Gold on the international market traded at $1,632.90 per troy ounce in New York yesterday ...

Siam Cement PCL’s (SCC.TH) third-quarter net profit fell 13% as higher expenses and cost of sales weighed, but the fall in earnings at Thailand’s largest industrial conglomerate by revenue was in line with analysts’ expectations. Despite the profit decline, the conglomerate said before Wednesday’s earnings statement ...

Trade between Cambodia and Thailand increased by about 40 per cent to US$3 billion in the first nine months of this year in comparison with the same period last year, according to figures provided by the Royal Embassy of Thailand in Cambodia. According to Nat Vimonchandra, ...

The Court of Appeal on Tuesday upheld a 2012 conviction of encroaching on public land, but significantly reduced the sentence, against businesswoman Chhin Sokountheary for illegally filling in part of a Phnom Penh lake. Ms. Sokountheary—also known as Grandma Crocodile for the crocodile farm she owns—was ...

Several dozen families in Banteay Meanchey province involved in land dispute were given 100 hectares of replacement land in O’Chrou district yesterday, but have refused to accept it because it is already claimed by more than 230 other families, two village chiefs said. The provincial government ...

The total number of serious and minor crimes in Cambodia increased by 1 percent, or 27 cases, in 2013 compared to the previous year, while Phnom Penh’s crime rate rose by 62 percent, a report released by the Interior Ministry on Tuesday says—laying the blame ...