Indochine Mining Limited (ASX:IDC.AX – News) is pleased to announce a successful capital raising from existing institutional shareholders and a new major global fund Indochine Mining Limited (ASX:IDC.AX – News) is a gold-copper exploration and development company. In Cambodia, it has the largest mining property holding ...

More than 200 workers at Poipet City’s Casino Tropicana went on strike over the weekend, calling for management to improve working conditions and rehire two Free Trade Union (FTU) members who were fired earlier this year. Workers said that Sat Sep, formerly the representative of the ...

The Cambodian Center for Human Rights says that a company with a controversial economic land concession in Koh Kong province banned the centre’s officers from photographing the area and ordered police to grab their cameras. Officers from CCHR traveled to Sre Ambel district on December 14 ...

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 ...

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 ...

Three days after it went out, power had yet to be restored to large parts of Siem Reap province yesterday, badly impacting local businesses in the popular tourist hub of Siem Reap City and seeing a rush of people to buy generators. The power failure followed ...

Arrivals at the Kingdom’s two main international airports rose more than 20 per cent year on year in the first quarter of 2013, according to data from Cambodia Airports. Officials said the rise reflects the normalisation of the world economy and the country’s political stability. According ...

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 ...

While Japanese investment is soaring in Cambodia, Japanese employers say there is a shortage of Japanese-speaking staff available to fill the demand. Kong Solina, assistant to the manager of the Service and Culture Department of the Cambodia-Japan Cooperation Center (CJCC), said the purpose of the ...

After reaching agreement late last month, the contract for a $90 million concession loan from Japan to Cambodia was officially signed in Phnom Penh yesterday to improve 83.5 kilometres of National Road 5. The construction is scheduled to start in June 2015 and will be ...

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 ...

Three families lodged complaints with authorities in Banteay Meanchey on Monday, requesting that action be taken against a recruitment firm that sent their family members to work in Thailand on tourist visas, a move that subsequently led to their arrest. Leng Yen, a monitor with ...

A joint committee designed to bring about wage increases in the garment sector will meet for the first time on Friday, a Ministry of Social Affairs letter obtained yesterday states. Ath Thorn, president of the Coalition of Cambodian Apparel Workers’ Democratic Union, said he believed ...

A potato farmer who unearthed old bullets as he ploughed his field on Friday in Oddar Meanchey province discovered more than 500 pieces of unexploded ordnance, anti-mine officials said yesterday. Farmer Hun Kren, 29, alerted authorities to the discovery in Banteay Ampil district, where Cambodian Mine ...

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 ...

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 ...

The Shanghai Commercial & Saving Bank (SCSB), one of the leading banks in China’s Taiwanese region, opened a representative office here on Monday thanks to increasing interest in Cambodia by Taiwanese business people, a bank official said. To date, Cambodia has six foreign banks’ representative ...

Sok Sokan, son of Deputy Prime Minister Sok An, has been officially named deputy secretary general within the Council of Ministers – a rank equal to secretary of state – according to November’s Royal Affairs publication released last month. Ek Tha, a spokesman for the Council ...

Factories in Svay Rieng province’s Manhattan Special Economic Zone have fired or suspended at least 50 workers – and are pursuing legal action against some – for participating in a strike last month that saw some 30,000 walk off the job. Heads of the Collective Union ...

Minor Hotel Group Ltd (MHG), a wholly owned subsidiary of Thailand-listed Minor International Public Company Limited (MINT), has acquired majority ownership of Siem Reap-based Sothea Boutique Resort to strengthen MINT’s presence in Southeast Asia. After the $6.4 million deal, the Sothea Resort will be rebranded ...