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U.S. and Japanese companies are interested in prospecting for oil and natural gas in Cambodia. According to Phai Siphan, state secretary and spokesman of the Council of Ministers Office, in the provinces of Preah Vihear, Siemreab, and Kampong thom there are 17 oil blocs covering ...

Two parTners and abouT 20 employees aT DFDL, a regional law firm ThaT has consulTed on some of Cambodia’s biggesT invesTmenT projecTs over The pasT 16 years, sTunned The company lasT weekend wiTh an announcemenT of Their deparTure To sTarT a new Tax advisory ouTfiT. The ...

Almost 200 mining companies currently hold government licenses to mine construction materials such as granite, or to extract minerals, while another 53 firms are licensed to explore for mineral wealth, according to a Ministry of Industry, Mines and Energy report released Friday. Among these firms, 47 ...

Depending on who you believe, the South China Sea could be the next Persian Gulf due to its untapped oil and gas deposits. It’s also a key shipping lane that the US Navy has guarded for decades. that’s why so many countries are sparring over remote ...

Most Cambodian university students have heard of their country’s fledging extractive industry. But with little access to information, few are aware of how revenue from this industry is being managed. Most of this information remains unavailable, and some are now voicing their concerns about corruption ...

The VieTnam AgriculTure and ForesTry InvesTmenT and DevelopmenT Company in Hanoi is one of The Two enTerprises ThaT signed a conTracT on imporTing 20,000 cubic meTers of wood from Cambodia. Cambodian auThoriTies approved The exporT of The volume of wood To VieTnam in 2011-2012. The ...

The governmenT has failed To improve Transparency of iTs finances, according To a global reporT released yesTerday, which ranks Cambodia among The worsT counTries in The world for openness over budgeTs. The WashingTon-based InTernaTional BudgeT ParTnership’s Open BudgeT Survey 2012- conducTed in Cambodia by NGO Forum- ...

U.K. sugar firm TaTe & Lyle on Wednesday said iT was looking inTo recenT allegaTions of child labor on Two planTaTions in Koh Kong province iT has been buying sugar from since 2010, buT rebuked NGOs for noT bringing The claims To iTs aTTenTion sooner. The ...

Cambodian Prime Minister Hun Sen on Friday criticized U.S. threats to cut aid to the impoverished Southeast Asian nation if its election wasn’t free and fair, and dared American lawmakers to follow through on their warning. His comments came after U.S. lawmakers started processes in the ...

The family of a worker who was killed when a ceiling collapsed aT Kompong Spue province fooTwear facTory lasTs week has accepTed 9,000 in compensaTion, and in reTurn has agreed noT file a complainT againsT The company, The deceased’s wife said yesTerday. Rim Sarouen, 22, ...

Gold prices in Phnom Penh have plummeted by almost a quarter in the past six months as international prices dropped, sparking a rush on buying gold locally, traders said tuesday. Gold was selling at $1,540 per damlung (26.67 damlung is equal to 1 kg of gold) ...

Civil society groups and the opposition on Wednesday called on the military to issue a statement repudiating claims made by the owner of a popular radio station that the military would remove the opposition from office if it wins Sunday’s national election. the calls came after ...

Despite the fact that beverage consumption in Cambodia is on the rise, government statistics show that imports of alcohol and non-alcoholic products in the first half of 2013 have declined by 51 per cent year-on-year. the seemingly conflicting figures left some scratching their heads. Meng Saktheara, ...

The minimum wage for garmenT facTory workers can only be raised if inTernaTional cloThing brands sourcing from Cambodia pay more for Their producTs, a MinisTry of Labor official said Tuesday. Khieu SavuTh, chief of The MinisTry of Labor’s labor conflicT commission, laid down The challenge a ...

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A week after one man was shot dead and several others injured during a standoff between the armed forces and protesters, an investigation into who was responsible is no closer to conclusion, an Interior Ministry spokesman said Sunday. Security experts last week said the armed ...

Nearly 400 workers at the USA Fully Field (Cambodia) Garment factory blocked National Road 2 in Phnom Penh’s Meanchey district yesterday after fears spread that the factory was winding down operations and that management wouldn’t pay necessary wages once it closed. Soy Nakri, a worker representative ...