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Second-quarter net profit for the exchange-listed Phnom Penh Water Supply Authority dropped nearly 26 per cent to $2 million from the same quarter a year ago, according to the most recent financial report released on October 11. Sim Sitha, the director-general of PPWSA, said the decrease ...

Garment industry, Cambodia’s largest foreign currency earner, reported a 20 percent rise in exports last year, according to the figures of the Ministry of Commerce on Monday. The Southeast Asian nation exported apparel products in equivalent to 5.53 billion U.S. dollars last year, up 20 percent ...

Cambodia needs increased investments, and for that, deeper regional as well as global integration is crucial, Moody’s Investors Service has said. The B2 sovereign bond rating is constrained by the small size of the economy, low per capita income and high level of dollarization while robust ...

A parliamentary commission leader wants Cambodia’s tourism ministry to manage revenue generated by the country’s iconic Angkor Wat temple complex, amid concerns that the government is losing money by retaining a private company to oversee ticket sales. A quasi-government group, Apsara Authority, which is responsible ...

Cambodia’s Prime Minister is calling for more investments on agriculture processing and technology industry in the Kingdom. Speaking at a graduation ceremony yesterday, Mr Hun Sen said that more than 2 million hectares of paddy were harvested among the 2.7 million hectares of cultivated land ...

Phnom Penh Water Supply Authority saw 8.2 per cent revenue growth during the first quarter of the year, a welcomed disclosure after the retirement of the state-owned firm’s general director was announced last week. The firm took in US$7,725,500 between January and March, up from $7,140,473 ...

On 25 August 2021, the Ministry of Economy and Finance issued a press release on the official launch ceremony of the Business Registration System on Information Technology Platform (OBR) Phase 2. The OBR Phase 2 is a sharp reform package of Samdech Akka Moha Sena ...

Prime Minister Hun Sen has officially allowed the privatization of 2,580 square meters of state owned land. 646 square meters of the land are in Phnom Penh. The sub-decree means that the land is closer to being eligible for development and sale. ...

A nongovernmental organization in Cambodia called on the country’s Interior Ministry to intervene in the eviction of more than 2,000 ethnic Vietnamese living on the Tonle Sap Lake, saying land demarcated for their relocation lacks the infrastructure necessary to support them. ...

Cambodia’s Phnom Penh Municipal Court has indefinitely postponed the trial on charges of “forgery and incitement” of jailed opposition senator Hong Sok Hour, adjourning again on Wednesday after proceedings resumed following an earlier postponement on Oct. 2. ...

Thailand-based JWD Infologistics Plc’s recent purchase of a 5.2 percent stake in the Phnom Penh Special Economic Zone Plc (PPSEZ), is expected to give a boost to the local company’s traded share value on the Cambodia Securities Exchange (CSX). ...

Vietnamese Prime Minister Nguyen Xuan Phuc on Monday called for the closure of 2.25 million hectares of natural forest in the country’s Central Highlands as well as the shuttering of wood processing facilities across the country, regional news outlets reported. ...

A majority of the more than 2,500 children hospitalized by illnesses in the Kantha Bopha hospital network between Sunday and yesterday were critically poor and could not survive without free treatment, Kantha Bopha hospital founder and head Dr. Beat Richner said. ...

The Vietnamese government yesterday agreed in principle to provide a grant of $2 million to Cambodia to build a model market aimed at boosting cross-border trade between the two countries, officials at Cambodia’s Ministry of Commerce said. ...

The National Gendarmerie announced it will recruit 300 students for its upcoming training class of deputy gendarmerie officers, with entrance exam application forms to be available from May 16 to June 2 at the 25 gendarmerie headquarters nationwide.     ...

Pan-Asian gaming company Entertainment Gaming Asia Inc (EGA) will sell 670 of its electronic gaming machine (EGM) seats placed at NagaWorld casino in Phnom Penh to an unnamed Cambodian firm for $2.5 million, the Nasdaq-listed company announced on Wednesday. ...

Trade between China and Cambodia swelled to $4.8 billion last year, up by about $200 million from the year before, while Beijing has now given the government $4.2 billion in grants and loans, Prime Minister Hun Sen said on Tuesday. ...

Malaysian-owned energy firm Cambodian Energy II Co Ltd (CEL2) will invest a total of $600 million into building its 150-megawatt coal-fired power plant near Sihanoukville, which is set to become the Kingdom’s third coal-fired power station. ...

At least 2 hectares of flooded mangrove forest in Koh Kong’s Peam Krasaop Wildlife Sanctuary have been filled in with sand from illegal dredging nearby, with local authorities and an NGO yesterday claiming an unidentified “powerful” tycoon was behind the environmental crimes. ...