The construction of a new $17.5 million women’s cancer hospital specializing in gynecological services will break ground this summer, one of the co-founders said yesterday. Janne Ritskes, the director of Tabitha Cambodia, an organization that works to improve the lives of poor Cambodians, said the 220-bed ...

The price of coffee in Mondolkiri province, the country’s top coffee producing area, is continuing to increase as demand for the commodity continues to grow, according to local farmers and officials. Chay Moa, who owns a 5-hectare coffee farm in Sen Monorom City, said that he ...

GS Engineering & Construction broke ground on June 18, 2008 of Cambodia’s largest building the International Finance Complex in Phnom Penh but since then has been suspend or forced to downscale like all of the other building projects in the city. Worth more than $4.5 ...

More than 144 families threatened with eviction from Daun Penh district’s Srah Chak commune to make way for a new $27.5 million Chinese-Cambodian Friendship Bridge attended a meeting on Friday to discuss an offer of relocation and compensation, an official said The meeting with Deputy District ...

Small-scale health insurance policies can be an effective way to avoid drowning in debt, according to a survey released yesterday. Fifty-eight percent of 5,275 households surveyed in Kandal, Takeo and Kampot provinces had taken out loans, with health care and medical costs being the chief reason, ...

An across-the-board trade and investment deal signed with China’s Yunnan province on Friday was a jump-start to Chinese President Hu Jintao’s pledge a week earlier to double bilateral trade with the Kingdom to US$5 billion by 2017. The package signing, which brought a delegation of 45 ...

The Council for the Development of Cambodia (CDC) last week approved 11 projects worth nearly $600 million. According to a post on CDC’s Facebook page yesterday, 11 projects were greenlighted on June 5-7, amounting to a total investment of $597 million. CDC estimates the projects will generate ...

The country’s lower class will receive a series of tax breaks starting in 2016, Prime Minister Hun Sen announced Thursday, with tariffs on motorbikes, tuk-tuks and farm machinery to be waived, along with fees at stalls in state-owned markets.Striking a populist tone during the inauguration ...

Prime Minister Hun Sen has outlined Cambodia’s strategy for tackling poverty in a keynote speech to a United Nations forum in Beijing marking the 2015 International Day for Eradication of Poverty.Addressing the gathering of leaders on Friday, the premier lauded the 1 billion people brought ...

Investment in the construction industry in 2015 amounted to $3.3 billion – a 33.14 per cent increase from the same period in 2014, which was only $2.5 billion.Seng Lot, spokesperson for the Ministry of Land Management, Urban Planning and Construction (MLMUPC) said on Tuesday that ...

The government is seeking intrepid smallholder farmers to pilot a project that would transform 6,000 hectares of cropland in two provinces into a patchwork of small rubber plantations.The Ministry of Agriculture is eyeing 5,000 hectares of land in Ratanakkiri and 1,000 hectares in Battambang for ...

Cambodia Securities Exchange- (CSX-) listed Phnom Penh Autonomous Port (PPAP) reported $8.97 million in net profit during the first nine months of this year – up 46.9 per cent from $5.98 million during the same period last year. ...

The bank’s Cambodia Economic Update Report released yesterday said that Cambodia’s real growth of Gross Domestic Product (GDP) is forecast to decelerate to 7 percent in 2019, down from 7.5 percent in 2018.​ ...

The Kandal Provincial Court on Friday tried a former provincial judge, Huoth Heang, and his clerk, Lim Kompheak, both of whom stand accused of corruption. On January 20, Anti-Corruption Unit (ACU) officials arrested Judge Heang during a sting operation in which the judge was caught accepting a ...

NagaCorp Ltd. (“NagaCorp” or the “Company”, SEHK stock code: 3918), the largest hotel, gaming and leisure operator in Cambodia, held the official ground breaking ceremony yesterday for Naga2, a large-scale mixed-use expansion that will be completed by 2015. Situated 200 meters from the existing NagaWorld, ...

Thousands of employees of two Singaporean-owned Yung Wah Industrial (Cambodia) Co.Ltd. factories, which produce shirts for Gap Inc. among other international brands, went on strike yesterday in Kandal province, claiming that they were not paid their salaries for last month. “Normally, salaries are paid between the ...

Cambodia’s Power Partner Profit Group has signed 10 memoranda of understanding with Chinese companies for cooperation on agriculture, mineral resources and electronics. Insiders said the penning of the MoUs, which do not guarantee a final agreement, was another step toward realising a US$5 billion bilateral trade ...

Cambodia and Malaysia trade and investment are increasing subsequently as the two members of ASEAN are trying to boost the integration for ASEAN community in 2015. The report from the embassy of Malaysia here said: as for trade performance in 2012, for the first quarter of 2012, Malaysia recorded an increase of 5.32 percent. Total trade ...

Total trade in Cambodia reached $11.17 billion from January through October, an 18.1 percent increase compared to the same period last year, according to data released yesterday by the Ministry of Commerce. Khon Savuth, chief of statistics at the ministry’s Camcontrol department said that the ...

Opposition party whip Son Chhay reiterated his call at a press conference yesterday for the government to raise taxes on economic land concessions from $5 to $7 a hectare up to $70 through an amendment to the draft of the 2013 budget. The Sam Rainsy Party ...