While the scores of new condominium properties appearing in Phnom Penh are selling well, their buyers are mainly speculators hoping to make quick profits, a leading property firm said. A report by international realty group CB Richard Ellis (CBRE), distributed Wednesday, says that the city’s property market in ...

A court official on Friday agreed to implement an injunction to freeze the assets of bankrupt telecommunications firm Mfone Co. Ltd., according to a lawyer in the case. The Phnom Penh Municipal Court issued the injunction against Mfone on January 17, after Huawei Technologies Co. Ltd. ...

The bilateral trade between Cambodia and the United States in 2012 rose slightly, while Cambodia’s export decreased, according to a report of the United States Census Bureau of the Department of Commerce. U.S. Department of Commerce. The Cambodia-US bilateral trade saw its increase 0. 61%, while ...

Union leaders and striking workers on Wednesday said they would not agree to a minimum wage of $100 per month and would continue demonstrations until a higher wage is set. Government officials say they are willing to raise the minimum wage from $80 to $100 ...

Floods that have ravaged much of Cambodia may lead to a long-requested extension of voter registration, a National Election Committee official said yesterday. Tep Nytha, NEC secretary-general, said the committee was debating whether to extend the 20-day registration period, which is set to end on October ...

Operating revenue at the partly state-owned mail service, Cambodia Post (CP), rose more than 10 per cent last year compared to 2012, according to a senior government official. Ork Bora, CP’s general director, said that revenue reached $4.56 million, an increase of 12.54 per cent from ...

In three years’ time, Cambodia will have legislation clearly outlining what government information is available to the general public, according to a recently signed memorandum of understanding. Minister of Information Khieu Kanharith and Anne Lemaistre, UNESCO’s representative to Cambodia, signed the memorandum on Friday. The MoU ...

Passport offices will be set up in six more provinces in an effort to ease the remigration process for Cambodian workers heading back to Thailand, according to a Ministry of Interior official. Mao Chandara, director of the Ministry of Interior’s passport department, said the new offices ...

A 60 mm mortar shell exploded in northern Cambodia Thursday afternoon, claiming the livers of two boys and a girl, the local police said. Landmines and unexploded ordnance killed 22 people and injured 89 others in 2013, according to a report of the Cambodian Mine ...

Twelve Preah Vihear villagers were called to court this week regarding an ongoing land dispute they claim has resulted in the bulldozing of their family land and livelihood. The villagers are among some 67 families in Kulen district’s Srayong Cheung village who say the government sold ...

Staff at a brewery that produces Angkor Beer returned to work on the weekend after management agreed to a strike-ending $30 raise on Saturday. More than 1,000 workers at Cambrew Ltd in Preah Sihanouk province walked off the job on Thursday after a month of wage-increase ...

District and military police in Ratanakkiri raided an illegal gem mine inside a Chinese company’s land concession on Saturday but failed to make any arrests, according to a rights group representative. Chhay Thy, provincial coordinator for Adhoc, said about 200 illegal gem miners had settled on ...

Cambodia’s Foreign Minister Hor Namhong will lead a delegation to attend the 20th ASEAN-EU Ministerial Meeting in Brussels, Belgium, next week, according to a statement issued Friday by Ministry of Foreign Affairs and International Cooperation. The statement said the meeting invited by Mrs Catherine ASHTON, high ...

The Information and Communications Technology (ICT) Federation was inaugurated here on Thursday with an aim to advance Cambodia to a digital age, officials said. Speaking at the launching ceremony, Kan Chanmeta, secretary of state of the Ministry of Post and Telecommunication, said the federation would be ...

Amid the continued arrest of activists who have defied a ban on public gatherings, a group of unions and associations yesterday revealed plans for a large demonstration in Phnom Penh’s Freedom Park on Sunday. About 10,000 people are expected to attend the rally, according to a ...

Amret Microfinance received a $10 million boost yesterday by a loan from German development bank KfW, according to a joint statement from the finance institutions. Chea Phalarin, chief executive officer of Amret Microfinance Institution, said yesterday that the new loan – equal to nearly double its ...

U.S. Embassy Chargé d’Affaires, a.i. Jeff Daigle visited In Komar Primary School in Kampong Thom province today to highlight a $20 million U.S. government school feeding program funded by the U.S. Department of Agriculture (USDA) and implemented by the United Nations’ World Food Programme (WFP), ...

Cambodian firm Angkor Gold Corp (ANK) on Thursday finalised a partnership agreement with Hong Kong firm Tohui Beishan Property Group Holding Limited (TG) worth more than $10.4 million. According to a company statement issued on the Toronto Stock Exchange, ANK granted the Hong Kong firm 7.9 ...

The Israeli gaming firm behind Sihanoukville’s Queenco Casino is seeking investors to expand its operations in the seaside town, according to a report released by the company last week, but after six months of “cash flow distress” and losses of more than $1 million, those ...

A group of investors from Israel showed their interest in investing in cassava in Cambodia, according to a statement by Ministry of Commerce. Chanthol expressed his support for this cassava investment project and recognized the importance of advance technology in agriculture production and processing to ...