The third and final tranche of 1.8 million shares in Phnom Penh Autonomous Port’s (PPAP) recent initial public offering (IPO) sold out by the middle of last month, according to Hei Bavy, director general of the state-owned enterprise. ​ ...

Minister of Public Works and Transport Sun Chanthol yesterday ordered his officials to keep a close eye on a new $1.3 million project to widen National Road 4 in Preah Sihanouk province in order to halt criticism of shoddy road quality and corruption in his ...

Opposition leader Kem Sokha said on Saturday his party would shutter the Rural Development Ministry and put the savings towards the goal of funding each of Cambodia’s more than 1,600 commune councils with half a million dollars a year if it wins power in 2018. ...

The Kingdom’s apex rice industry body has been meeting this week to discuss ways of nailing down a potentially massive deal with Bangladesh, which earlier this month inked a memorandum of understanding to purchase 1 million tonnes of Cambodian rice over the next five years. ...

The Ministry of Interior yesterday launched its new television station NICE TV that will focus on broadcasts related to crime crackdowns and government achievements. NICE TV is a joint establishment between the Ministry of Interior and a Chinese firm, NICE Culture Investment Group. ...

Earnings in the fishing sector rose by 62 percent during the first nine months of the year. However, growth in exports of inland fish as well as in marine production was flat during the January-September period compared with the same period in 2016. ...

The 2017 national budget, with more than $5 billion in expenditures, was passed by the Senate yesterday without any changes despite opposition from the CNRP. Expenditures in the 2017 budget are up 15.6 percent compared with 2016 and include more than $1 billion in foreign loans. ...

A total of 22,148 polling stations across the country opened their doors to registered voters at 7:00 AM. Some 7.8 million people are registered to vote for chiefs and councilors in more than 1,600 communes, with close to 12 political parties fielding candidates. ...

Trade between Cambodia and Thailand increased by about 10 percent in the first half of the year to $2.9 billion, up from $2.6 billion in the same period last year, according to figures released by the Thai embassy yesterday. ...

Cambodia and Bangladesh have finalised terms on a massive rice deal that could see up to 1 million tonnes of rice purchased from the Kingdom over the next five years, with the first shipment due to begin by November, a source close to the deal ...

The second Greater Mekong Subregion Agriculture Ministers Meeting will be held in Siem Reap province early next month, with agro-food products, exploring new markets for agricultural products and solving issues in the sector expected to be high on the agenda. ...

While industry, particularly the textile, travel bag and footwear sectors, is diversifying to high value added products, upgrading of high technology and modern machinery is needed for all factories, a senior official at the Garment Manufacturers Association in Cambodia (GMAC) said. ...

The Ministry of Industry and Handicraft will cooperate with two South Korean high-tech companies to establish a technology centre with the aim of facilitating the exchange of information on the development of optic cable technology. ...

Tokyo police arrested 10 Japanese nationals earlier this month for allegedly defrauding more than 1,000 investors out of $20 millions using fictitious investment projects in Cambodia, according to Japanese media reports. “The Metropolitan Police Department found no evidence that the amount of money raised was ...

The Asian Development Bank (ADB) is marking 20 years of operations in Cambodia with the release of a book today celebrating its achievements in the Kingdom. The 67-member ADB says that over 20 years it has given Cambodia $1.8 billion in loans, grants and technical assistance. ...

Eight people, four of them children, were killed when fire ripped through Siem Reap City’s popular night market in the early hours of Saturday morning, officials and witnesses said. The fire, which stared at about 2 a.m., left the market completely gutted and damage estimated at ...

Thailand’s Foreign Ministry Permanent Secretary Sihasak Phuangketkeow will visit neighbouring Cambodia this week.   Mr Sihasak, in his capacity as Acting Foreign Minister, is scheduled to visit Phnom Penh on Tuesday and Wednesday July 1 and 2 to deepen bilateral ties between the two nations. ...

Cambodia has granted operating licenses to 2,424 new companies in the first seven months of 2014, up 44 percent compared with 1,688 firms over the same period last year, according to the latest report of the Ministry of Commerce on Tuesday. ...

More than 1,500 villagers on Tuesday marched from seven districts in Preah Vihear province to the provincial capital to call for action against companies involved in various land disputes, but a clampdown by police meant that only about 120 made it to the protest site, ...

Nearly 200 Kuoy villagers protested yesterday at the Forestry Administration Office in Preah Vihear province to demand a Malaysian-owned company return 1,100 hectares of land and a tractor confiscated by officials last month. ...