Access to grid electricity has expanded to 71.5 percent of households but the reliability of power supplies can be improved, the World Bank says in its latest report, released yesterday. The Bank says nearly two-thirds of households with access to the grid face frequent power ...

Cambodia’s large and growing debt to its northern ally China is a growing concern for observers who worry about the undue influence this may afford the regional superpower. ...

Cambodia is committed to complete construction of the 6.5-kilometer cross-border railway linking Poipet city in Banteay Meanchey province to neighboring Thailand’s Sisophon province by the year’s end. ...

Cambodia has designed strategies to give the Riel  a boost  to reduce dollarization, which represents about 80 percent of currencies circulated in the country, the Central Bank’s senior officials said Tuesday.   ...

Cambodia will begin applying for a loan from the newly established China-backed Asian Infrastructure Investment Bank (AIIB) from next year in response to the current need for infrastructure development. ...

ambodia’s 700,000 garment workers are among those most affected by exchange-rate costs. Their monthly salaries are paid in US dollars, but most of their daily transactions are in riels. Moreover, because they send – on average – about 30 percent of their salaries back to ...

Minister of Public Works and Transport Sun Chanthol yesterday signed a $44 million contract with Chinese company Beijing Urban Construction Group Co Ltd to carry out sewage and road improvement projects in Battambang, Poipet and Bavet towns, among other projects. ...

The World Bank is to train police, prosecutors and court staff on how to combat money laundering and financial terrorism under a national scheme to fight corruption. ...

The owner of a garbage collection company that recently took over trash pick-up in Sihanoukville admitted shortcomings in collection efforts yesterday, while pledging to improve services, following a petition by residents calling for the company’s contract to be rescinded. ...

ADB (Asian development bank) pledged to offer $55 million loan for infrastructure restoration from flood damage last year in Cambodia. At the same time, AusAid also offered 5.25 million US dollars, and the Cambodian government will spend 6.39 million US dollars for the whole infrastructure ...

The number of Internet users in Cambodia more than doubled last year, but the country still has the third-lowest Internet penetration rate in the region, according to recent statistics released by the World Bank. Internet users jumped from 178,142 in 2010 to 443,461 in 2011-reaching about ...

Cambodian housing rights activist Tep Vanny is in Washington this week, seeking to increase international pressure on Cambodian authorities to end forced evictions and find resolutions to longstanding land disputes. Tep Vanny, a housewife who has emerged as a leader for Cambodian victims of forced evictions, ...

Asian Development Bank (ADB), will conduct a press tour in Kampong Thom province in Cambodia to evaluate and report on how the “Improving Market Access for the Poor in Central Cambodia Project” is helping to increase household incomes and create jobs for poor communities in ...

More than half a million Cambodians have been affected by land conflicts involving the government since 2000, with more than 2,000 families across the country subjected to largely violent land grabs during the first few months of this year, local rights group Licadho said Tuesday. The ...

Last year across Cambodia’s cities, more and more people decided to take the plunge and invest in housing. This should be obvious to anyone who lived in Cambodia last year. The sounds of construction or renovation were more noticeable than before in cities across the Kingdom. Data ...

Chinese firm Huaxin Cement Co has purchased a 40 per cent stake in Cambodia Cement Chakrey Ting Factory Co, a cement-making factory currently under construction in Kampot province. Huaxin’s $24 million investment Cambodia Cement lifted the local factory’s working capital to $60 million, up from $32 ...

The Asian Development Bank (ADB) announced Monday that it would provide over 800 million U.S. dollars in concessional finance to Cambodia over five years to support the Southeast Asian nation in economic development and poverty reduction. ...

The government has finished calculating the additional compensation it will pay out to some of the families forced to move for a $143 million railway rehabilitation project being funded mostly by the Asian Development Bank (ADB), according to a new report. The report, released this week ...

The National Bank of Cambodia and the Japan Financial Service Agency agreed yesterday to extend their cooperation on sharing experience and expertise in the areas of Banking and financial sector supervision in the Kingdom. ...

The Phnom Penh Municipal Court on Tuesday charged an employee of the Foreign Trade Bank of Cambodia over the theft of $1.6 million from the firm, a police official said. ...