Almost $500 million a year was taken out of Cambodia in “illicit financial flows” between 2001 and 2010, a report released yesterday in the U.s. claims. People in the Cambodian finance sector, however, expressed doubts about the accuracy of the figure, which appears in a report ss='cambodia-color'>...

Cambodian politicians have begun a public campaign to defend their records on land policies, as they prepare for the run-up to July elections. Politicians from the ruling Cambodian People’s Party, as well as the opposition sam Rainsy and Human Rights parties, have said they will give ss='cambodia-color'>...

A conclusive settlement has been reached in the long-running dispute between a Thai seafood factory and its Cambodian employees, Cambodian ambassador to Thailand You Ay said yesterday. Rights groups and workers at the Phatthana seafood factory in Thailand’s songkhla province, which employs 1,050 Cambodians, have accused ss='cambodia-color'>...

Canadia Bank will launch a rice mill in Cambodia’s Takeo province in October, a move that insiders said could help curb the flow of unmilled rice to neighbouring Vietnam. Bank officials yesterday said they will buy Us$3 million in milling equipment, and the total cost of ss='cambodia-color'>...

A new system of regional appeal courts is moving closer to reality as the Ministry of Justice attempts to resolve the bottleneck of appeals in the justice system, officials said yesterday. Currently, appellants can wait up to five years or more to have their cases heard ss='cambodia-color'>...

The Phnom Penh Municipal Court on Thursday charged six people, including a provincial director of water resources and a commune chief, for their involvement in creating illegal fishing reservoirs in Kompong Thom province. “They were charged with clearing a flooded forest for encroachment and illegally constructing ss='cambodia-color'>...

Crown Holdings, a metal packaging company, said this week it would build a second factory in Cambodia to keep up with the Kingdom’s growing beer industry. The sihanoukville factory, which is expected to produce 725 million aluminium cans a year, will be begin operating in the ss='cambodia-color'>...

Cambodia’s silk producers say they must cut costs in order to continue reaching troubled European markets, the primary target for the Kingdom’s sericulture products. Insiders said Cambodian companies must start producing their own silk for the industry to survive. silk craftspeople import some 400 tonnes of silk ss='cambodia-color'>...

Cambodian government officials and private sector leaders have met with Chinese officials to negotiate a Us$200 million loan for the development of Cambodia’s rice sector, an official said on Tuesday. The new loan would focus on the development of the agricultural sector, primarily the construction ss='cambodia-color'>...

The Kandal Provincial Court ordered thousands of striking garment employees back to work for the second time yesterday, but they will continue fighting until their demands are met, a union president said. Workers at Ang snuol district’s Tai Nan I, Tai Nan II and Camwell factorieshave ss='cambodia-color'>...

A group of 12 Cambodians has developed a new video game for the iPhone that just two weeks after its release has become Cambodia’s most-downloaded game in Apple Inc.’s online store. since it was released on November 30, “Asva the Monkey” has had more than 3,000 ss='cambodia-color'>...

Prime Minister Hun sen said this afternoon he would “welcome” an international investigation into the contested results of sunday’s election. “For the sake of free and fair elections, I welcome the international community, all political parties and the NEC to investigate this,” he told reporters, ss='cambodia-color'>...

One man was killed and two teenagers injured on sunday while cleaning unexploded ordnance they found just past the border of Pailin, in Thailand’s Chanthaburi province. sot Phy, 27, was killed on the spot, while a 14- and 16-year-old were badly injured. ss='cambodia-color'>...

About 50 garment workers fainted yesterday at the King First Industrial factory in Kandal province’s Ang snuol district, union representatives said. Khouth Touch, the Free Trade Union president at the factory, said a number of workers had experienced stomach aches and diarrhoea that morning. ss='cambodia-color'>...

A 15-month-old toddler who represented the 18th confirmed case of avian influenza in Cambodia this year has recovered and was released from Kantha Bopha hospital on Friday. The little boy from Phnom Penh’s Russey Keo district developed a fever on August 16, and was transferred a ss='cambodia-color'>...

Amid growing urbanisation, Lucky supermarket opened three more branches in Phnom Penh’s suburbs over the weekend, targeting a new consumer base living around the city. With the additional branches, Lucky now counts 10 outlets in Phnom Penh, including one mini-mart at Koh Pich. ss='cambodia-color'>...

Phnom Penh Municipal Court yesterday convicted and sentenced in absentia a senior official at the Ministry of Public Works and Transport for directing money from employees’ salaries to his own pocket. seng setha, 52, general director of the ministry’s administration and human resources department, was sentenced ss='cambodia-color'>...

A CPP official said that sam Rainsy’s recent comments over amnesty law were inaccurate. Yeap said that it was completely wrong because Prime Minister Hun sen didn’t propose this law [amnesty law] during the summit on september 16 at the National Assembly. ss='cambodia-color'>...

More than 2,000 hectares of the decimated Lumphat Wildlife sanctuary in Ratanakkiri province have been classified by the Ministry of Environment (MOE) as the sanctuary’s first community protected area. surrounded by three economic land concessions in Kon Mom district, the protected area is populated by a ss='cambodia-color'>...

Workers at a Kampot province cement factory began striking yesterday, protesting late payment of their salaries for May. The 224 employees of Cambodia Cement Chakrey Ting Factory in Kampot’s Teuk Chhou district said the company was supposed to pay them at the end of May but ss='cambodia-color'>...