In a first for Phnom Penh, south Korean condominium developer Nury D&C has teamed up with sBI Royal securities to offer condominium buyers a leaseback arrangement on the remaining condo-miniums and condo-minium blocks for sale at De Castle Royal. The 32-storey De Castle Royal has a ss='cambodia-color'>...

Phnom Penh City Hall once again rejected the opposition Cambodia National Rescue Party’s bid to hold campaigns for the coming council elections in Freedom Park yesterday but said the final decision is beyond its reach. After its first request was rejected on Tuesday for going against ss='cambodia-color'>...

Human rights groups and other members of civil society on Tuesday submitted a letter to senate President Chea sim, requesting a meeting over their concerns for three draft judicial reform laws passed last month in the National Assembly. The three drafts must be approved by ss='cambodia-color'>...

Phnom Penh City Hall plans to expand a section of sothearos Boulevard outside a main entrance to the new Aeon Mall to help ease traffic congestion when the four-floor shopping center officially opens on Monday, officials said Wednesday. “We have a plan to expand the street ss='cambodia-color'>...

A company owned by the wife of Mines and Energy Minister suy sem, with the backing of a mounting police force, pushed ahead Tuesday with walling off a swath of land in Kompong Chhnang province that has been at the center of a seven-year land ss='cambodia-color'>...

Workers from the beleaguered Ocean Garment Factory on Monday came to an agreement with management over furlough pay, following more than a month of protests. “All the workers at Ocean Garment Factory have accepted the offer from the factory and the strikes are finished now,” said ss='cambodia-color'>...

Eight opposition members have been called back to court, facing lingering charges of insurrection and incitement as Cambodia’s dueling political parties continue to fine tune details of an agreement last month. The seven lawmakers and one assistant for the Cambodia National Rescue Party were released on ss='cambodia-color'>...

Cambodian trade reached a total of $15.9 billion in 2013, equaling an 18 per cent rise from 2012, according to the Ministry of Commerce. Exports were valued at $6.9 billion, up from $5.5 billion a year earlier, with garment and textiles accounting for more than 80 ss='cambodia-color'>...

In the latest move to assert control over Cambodia’s saturated telecommunications industry and maintain tighter oversight, the Telecommunication Regulator of Cambodia (TRC) last week called for all industry providers to give proof of operations in a bid to snuff out inactive firms and reclaim wasted ss='cambodia-color'>...

Union leaders yesterday said that despite having held strikes calling for a doubling of the minimum wage that were supported and encouraged by the country’s opposition party, they did not feel betrayed that the wage hike was taking a backseat in political negotiations. Following a government ss='cambodia-color'>...

Several dozen familieS in Banteay Meanchey province involved in land diSpute were given 100 hectareS of replacement land in O&rSquo;Chrou diStrict yeSterday, but have refuSed to accept it becauSe it iS already claimed by more than 230 other familieS, two village chiefS Said. The provincial government SS='cambodia-color'>...

Borey River Town, a residential property development around three kilometres northeast of downtown Phnom Penh on National Road 6A has been selling well for the first two months of the year, according to Teng Rithy, the development’s general manager. Rithy said that the rate of sales ss='cambodia-color'>...

The last of three draft laws written with the aim of cleaning up the courts establishes four new judicial chambers, but legal and political experts worry that it does little to loosen the grip of Prime Minister Hun sen’s Justice Ministry over the courts. The draft ss='cambodia-color'>...

A majority government-owned life insurance company has stopped paying out benefits to policy holders who die while taking part in protests and demonstrations, the company confirmed yesterday. The Cambodian Life Insurance Company – 51 per cent owned by the Ministry of Economy and Finance and 49 ss='cambodia-color'>...

A property expert and investor in the construction sector says that home prices have increased between 10 and 20 per cent so far this year compared to last year. Kim Heang, president of Khmer Real Estate, says that demand for property in boreys is healthy. Most ss='cambodia-color'>...

Small plaStic packetS filled with a mix of pillS of variouS SizeS, ShapeS and colourS Sit piled on the counter of a pharmacy in Phnom Penh&rSquo;S Meanchey diStrict, home to Several large garment factorieS. At 2,000 riel a pop, about 50 centS, theSe packS are Sold SS='cambodia-color'>...

The government and industry insiders are worried about the steady decline of rubber prices over the last three years, during which the area it is cultivated in has grown. “Farmers and investors raised concern . . . over the trend of the market and the price of natural ss='cambodia-color'>...

A raging fire in Phnom Penh’s Meanchey district destroyed 22 homes early Wednesday morning as local villagers struggled to quell the flames and firefighters scrambled to gain access. At about 1 a.m., an electricity line snapped and sparked the fire, Phnom Penh Fire Department bureau chief ss='cambodia-color'>...

The Ministry of Tourism will hold an emergency meeting with industry leaders and representatives in Phnom Penh today to look at what can be done to curb the loss of cross-border visitors resulting from unrest in neighbouring countries. Minister Thong Khon yesterday emphasised the need for ss='cambodia-color'>...

While the opposition and ruling parties have been shuffling negotiating proposals back and forth to break the political deadlock over recent weeks, one main contentious point remains unresolved: an early election, Cambodia National Rescue Party leader sam Rainsy said yesterday. The CNRP responded affirmatively to a ss='cambodia-color'>...