Housing development company the Ly Hour Group said it has begun work on its second major project, called Vimean Phnom Penh The Commercial Zone, after its first project Vimean Phnom Penh was successfully completed. The company said the amount of traffic along Phnom Penh’s Chea sophara ss='cambodia-color'>...

Cambodia’s inflation rate decelerated to 3 percent last year, down from 4.9 percent in a year earlier, Governor of the National Bank of Cambodia (NBC) Chea Chanto said saturday. “This is a remarkable drop and the 3-percent rate last year is low and controllable,” he said ss='cambodia-color'>...

Bangchak Petroleum, a majority state-owned oil refiner and retailer in Thailand, said it wants to open five petrol stations in Cambodia, with the first station opening in 2014, the Bangkok Post reported last week. Tui Rutten, president of the Thai Business Council of Cambodia did not ss='cambodia-color'>...

President Truong Tan sang has urged the planning ministries of Vietnam and Cambodia to effectively implement the agreements reached during recent talks. He made the comments at a meeting with Cambodian Minister of Planning Chhay Than in Ha Noi yesterday. Vietnam had contributed to ss='cambodia-color'>...

Hun Sen Said SalarieS for civil ServantS and garment workerS will increaSe yearly coinciding with the growth in the economy. Speaking at a graduation ceremony for the Royal UniverSity of Phnom Penh (RUPP) at the Koh Pich center on TueSday, he Said during the general aSSembly SS='cambodia-color'>...

About 200 former Mfone employees gathered in front of the Thai embassy in Phnom Penh yesterday in protest over claims that Thaicom, the failed telco’s parent company, had paid Thai staff even though Cambodian staff were still owed compensation. Noun sam Ath, a former sales executive, ss='cambodia-color'>...

The volume of cargo passing through the sihanoukville Autonomous Port (sAP) rose 15 per cent in the first quarter of this year compared with the corresponding period last year. Experts say milled-rice exports and fuel imports contributed to the boost in activity. From January to March, ss='cambodia-color'>...

Land Management Minister Im Chum Lim awarded a community of ethnic minority Banong in Mondolkiri province a communal land tile to their ancestral land last week, only the eighth communal land title to be handed out since the 2001 Land Law made them available. The title ss='cambodia-color'>...

Cambodia’s largest microfinance institution, (MFI) Prasac, has received a $60.5 million loan to strengthen its capacity in offering broader financial services in the country. On Friday, Prasac signed the agreement for the syndicate loan – provided by more than one lender – with the Netherlands Development ss='cambodia-color'>...

Thousands of creditors have come forward alleging they are owed a combined $160 million by bankrupt mobile phone operator Mfone, the administrator appointed to the case said yesterday. “Mfone owes money to hundreds of companies and thousands of individuals totaling $160 million,” he said. Nim solida, ss='cambodia-color'>...

Rising water temperatures are affecting fisheries and marine life, said several representatives of Cambodia’s aquaculture industry, and the effect is decreasing seed production and lowering aquaculture farmers’ productivity. say sorn, president of aquaculture seed production in siem Reap province, told the Post yesterday that water temperature ss='cambodia-color'>...

Farmers can expect better rice paddy yields this year compared to last year after the Ministry of Water Resources and Meteorology yesterday predicted that the rainy season would run from mid-May until November with only a short dry spell. Chhomg sopal, agriculture development ss='cambodia-color'>...

Japanese retail company MUJI announced the development of an eco-friendly natural dyeing plant in Cambodia, a press release on sunday said. The plan is part of the Business Call to Action, a global initiative supported by several international organisations and hosted by the UN Development Programme ss='cambodia-color'>...

Cambodia’s Angkor Wat temples, one of the world heritage sites, generated an annual revenue of 30 million U.s. dollars from ticket sales, Deputy Prime Minister and Cabinet Minister sok An said sunday. Last year, the temples attracted 2.06 million foreigners, up 28 percent year-on-year, he ss='cambodia-color'>...

A well-known community representative who has long battled alleged land-grabbing by economic land concessionaire Pheapimex Group was arrested on fraud accusations and jailed in Pursat province’s Krakor district yesterday.Fellow community representative Lun sivy, 42, said Kuch Veng, a member of the Cambodian Peace Network, was ss='cambodia-color'>...

Vietnamese Prime Minister Nguyen Tan Dung arrived for an official three-day visit sunday, during which he is scheduled to meet with Prime Minister Hun sen as well as inaugurate a new Vietnamese-funded hospital and attend a groundbreaking ceremony for a bridge linking the two countries. Tran ss='cambodia-color'>...

About 1,000 workers at one of Asia’s largest garment-processing factories have joined more than 4,000 who began a strike last week, as union workers demanded the company meet nine conditions, including severing ties with a shareholder. Employees at the sL2 factory of sL Garment Processing (Cambodia) ss='cambodia-color'>...

ASX-liSted junior Brighton Mining Group on WedneSday announced that it would buy two unliSted companieS to gain control of high-grade manganeSe project in IndoneSia, and gold projectS in Cambodia. Brighton Mining holdS a 70% Shareholding in Summer Gold InveStmentS, which holdS two mineral conceSSion areaS SS='cambodia-color'>...

A 31-year-old man was killed on Monday when part of an illegally dug gold mine collapsed in Battambang’s Phnom Proek district, commune officials said yesterday. Bon Boern, 31, died at the scene, while Ath Kri, 21, was treated at the provincial hospital for a head injury, ss='cambodia-color'>...

Philippine Airlines plans to launch flights between the Philippines and Cambodia, according to an aviation official. The move would break the monopoly of domestic competitor Cebu Pacific Air, which started flying the route in April last year. Aviation authorities in the Philippines sent a letter to ss='cambodia-color'>...