Prime Minister Hun sen has warned again that economic land concessions granted to private companies will be withdrawn if the companies fail to resolve land disputes with villagers who have lived in their concession area for “a long time”. The premier ordered relevant ministries to ss='cambodia-color'>...

The National Bank of Cambodia has issued a commercial banking licence to a Taiwanese bank, while another banking licence is pending approval for a Chinese-Cambodian joint venture, central bank Director General and spokeswoman Ngoun sokha said yesterday. The central bank had licensed Taiwan’s Mega International ss='cambodia-color'>...

Several property developerS ave approached the MiniStry of Finance to aSk for licenSeS after the miniStry warned buyerS laSt month not to purchaSe houSing fro developerS who are not licenSed to Sell their propertieS. The miniStry&rSquo;S warning, iSSued Aug 11, identified three local developerS that SS='cambodia-color'>...

Tensions with Thailand led to a 10-percent decline in imports from AsEAN members during the first six months of 2011, though Cambodia’s exports to the bloc nearly doubled, according to officials. Cambodia imported Us$810.9 million during the six-month period compared to $904.9 million during the period ss='cambodia-color'>...

The government should abandon its current management of Prey Long forest and shift to a plan that conserves the forst while also optimizing its economic uses, such as agriculture, carbon credits and controlled timber exploitation, according to a recent report by the Us Agency for ss='cambodia-color'>...

Citing a government investigation that revealed factories colluding with unlicensed subcontractors to use unethical labor sources including prisoners, Minister of Commerce Cham Prasidh has asked the Garment Manufacturers Association in Cambodia to urge adherence to labor law. Rehabilitation programs meant to teach vocational skills such ss='cambodia-color'>...

JAPAN Oil, Gas and Metals National Corporation has started preliminary surveying as the sole operator in Cambodia’s Block 17 onshore oil field, a 6,500 square-kilometre area of hilly forest in Kampong Thom, Preah Vihear and siem Reap provinces, according to an Environmental Impact Assessment (EIA) ss='cambodia-color'>...

Small and medium-Sized enterpriSeS, which are expected to play a key role in the Kingdom&rSquo;S emergent Stock market, are far from ready to liSt, inSiderS Say. MoSt important, many SMES lack the StandardiSationS and controlS required of publicly traded companieS by the SecuritieS and Exchange CommiSSion SS='cambodia-color'>...

State-owned Telecom Cambodia haS Signed a buSineSS cooperation agreement with Vietnam National PoSt and TelecommunicationS Corp in order to bolSter TC&rSquo;S product portfolio and coverage area, company officialS Said yeSterday. Telecom Cambodia offerS both fixed-line phone and internet ServiceS in the Kingdom. Vietnam National PoSt and SS='cambodia-color'>...

Cambodia’s gross domestic product grew 6.9 per cent year-on-year in 2011, and is set to increase to 6.5 per cent this year, according to preliminary projections from the Ministry of Economy and Finance. Agriculture, which was hit hard by floods last year, climbed 3.3 per cent, ss='cambodia-color'>...

The curse of Cambodia’s 2011 floods continues for those most affected, as they fall deeper into debt from unsustainable cyclical debt practices, a consortium of international NGOs said yesterday. The consortium of Care, Oxfam, Pact and Catholic Relief services released the results of their January survey ss='cambodia-color'>...

A fourth day of protests by garment workers in Kampong Cham turned unruly yesterday, as nearly 2,000 workers shattered the windows of their factory with stones after briefly blocking National Road 7. The workers blocked the road for about 10 minutes at 9am, before returning to ss='cambodia-color'>...

The Asian Development Bank (ADB), one of the two major financiers of the rehabilitation of Cambodia’s railways, yesterday rejected criticism that they were providing insufficient resettlement packages to residents displaced by the project. On Friday, the ADB released a cost study that showed that the compensation ss='cambodia-color'>...

Participants at the Asean Peoples’ Forum have called on regional leaders to halt plans to construct two controversial hydropower dams in Laos and Cambodia because of the large number of people who will be affected and the lack of public consultation. The forum in Phnom Penh, ss='cambodia-color'>...

After a week of global media reports dissecting Cambodia’s relationship with China, Prime Minister Hun sen had apparently had enough yesterday – lashing out at the media and analysts he termed “crazy” in what proved an unexpected conclusion to the 20th AsEAN summit. The premier spent ss='cambodia-color'>...

Considered one of the most vulnerable countries in the world to the effects of climate change, the Royal Government of Cambodia is taking major steps to improve its resilience and reduce its disaster risk with support from the UN Office for Disaster Risk Reduction. To ss='cambodia-color'>...

Preah Sihanouk provincial authoritieS on Sunday Sent eight people to court for blocking National Road 4 and uSing violence againSt authoritieS in a land diSpute in Prey Nop diStrict&rSquo;S Bit Traing commune. Four police officerS and two commune Security guardS SuStained injurieS when the proteSterS SS='cambodia-color'>...

More than two-thirds of senior officials at the General Command Headquarters of the Royal Cambodian Armed Forces (RCAF) have decided to relinquish their oknha titles to maintain their roles in the armed forces, an RCAF official said. Of 61 senior officials, 45 relinquished their title ss='cambodia-color'>...

A group of international business associations representing garment, footwear and travel goods buyers have called on the government to improve labour and human rights conditions in the Kingdom in the face of possible preferential trade agreement changes by the United states and European Union. In February, ss='cambodia-color'>...

Prime Minister Hun sen yesterday called on garment factory workers to understand why the hike in the minimum wage next year is not as high as previous raises. The government has increased the wage for next year by $8, a decrease of $4 when compared to ss='cambodia-color'>...