The National Bank of Cambodia (NBC) on Tuesday released eight billion riel (about $2 million) at three percent interest to just one financial institution that joined the third bidding of the new Liquidity-Provided Collateralized Operation (LPCO). ...

About 70 percent of roads and bridges in Cambodia have been funded by China, with loans for their financing adding up to about $2 billion, government-affiliated Fresh News reported the transport minister as saying on Friday. ...

Villagers from Svay Rieng province’s Krasaing commune have vowed to continue their protests to preserve a patch of community forest earmarked for clearing, despite receiving an official warning yesterday. Residents said it would affect over 2,700 people. ...

Soldiers used force on Friday to end a strike at a garment factory on Veng Sreng Boulevard, where demands included a lunch bonus of 2,000 riel and an end to forced overtime, workers and union officials said yesterday. ...

A CPP-aligned youth group and a regional road-safety NGO on Tuesday launched a $1.2 million, two-year pilot program to educate Cambodians about the importance of wearing helmets while driving or riding as passengers on motorbikes. ...

Police in Battambang province arrested a man on Saturday who was in possession of more than $2,500 in counterfeit U.S. notes after receiving complaints from market vendors he had duped earlier in the day, police said Sunday. ...

A group of 12 ethnic minority villagers in Ratanakkiri province have filed a complaint with the provincial court over what they claim is collusion between other villagers and local authorities to illegally log luxury timber from 193 hectares of land inside a community forest. The Prov ...

The company responsible for collecting Phnom Penh’s trash has defended its erratic pricing structure in response to an inquiry from the Anti-Corruption Unit (ACU), which says that numerous complaints have been filed by small business owners. The ACU sent a letter to Cintri (Cambodia) Ltd. on ...

According to the statement from the national bank of Cambodia (NBC), the country’s international reserves increased by 2.912 million US dollars so far this year with guaranteeing to import for four months. “For the management of the international reserves, we have implemented the policy with ...

Cambodia achieved a GDP growth rate of 7.3 percent last year, Prime Minister Hun Sen said Wednesday, forecasting that the growth would be higher than 7 percent this year. Addressing a conference on 2013 Cambodia Outlook, he said the growth last year came from strong growth ...

A 3-day Cambodia-Real Estate Exhibition 2013 kicked off [in Phnom Penh] on Monday as the country’s construction sector is rapidly growing in the last couple of years. The event, held at the Diamond Island Exhibition Center, brought together 68 exhibitors who are real estate developers, real ...

While Cambodia Airports, of which France-based Vinci Group is major stakeholder, sees tourist numbers taking off, eviction issues are gnawing at the company’s image. Emmanuel Menanteau, chief executive of Cambodia Airports, talked to the Post’s Sarah Thust about the expansion plans. How many tourist arrivals do ...

Royalist party Fun­cinpec has joined the opposition in calling for international involvement in an investigation into election irregularities. “I have issued a request to ask for the creation of an independent committee to investigate the irregularities,” Funcinpec secretary-general Nhek Bun Chhay said. While the party failed to ...

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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 ...

Union representatives stormed out of negotiations and continued a strike yesterday when managers at T&K Garment factory said workers would never receive the 2,000 riel ($0.50) daily lunch allowance allegedly promised to them. A week after they walked off the job, T&K workers at Por Sen ...

An increasing number of boutique hotels are appearing in Cambodia and attracting foreign investment, insiders say, including a US$2 million investment in the Governor’s House, a newly opened, 10-room boutique hotel in Phnom Penh. The number of boutique hotels in Cambodia has increased rapidly, particularly in ...

Kampot provincial governor Mao Thonin offered a former battlefield turned banana plantation as an example of one of the province’s great success stories. “Once the site of immeasurable suffering, it is now a popular tourist attraction, while also producing up to 2,500 tonnes of export ...

THIBIDI has begun construction on Cambodia’s first transformer factory. The $2.5 million plant is being built in the Phnom Penh Special Economic Zone. The plant is the first investment by THIBIDI overseas, as the company is from Vietnam. ...

The Kampong Thom provincial authority will provide about 2,000 hectares of land to about 700 poor families in Prasat Balaing district’s Daung commune in an effort to help uplift the community, according to the provincial governor. ...