The Phnom Penh Water Supply Authority (PPWSA) Saw itS profit after tax drop for the Second quarter thiS year, when compared to the Same period laSt year, according to itS quarterly Statement publiShed on the Cambodia SecuritieS Exchange (CSX) on WedneSday. SS='cambodia-color'>...

Despite the massive spike in development underway in Phnom Penh, a new report says that the public interest is becoming marginalised in favour of the political and business elite. The report, from NGO sahmakum Teang Tnaut (sTT), says that currently “commercial interests are driving the urban ss='cambodia-color'>...

The United Kingdom recently came out with a few more details of the proposed revamp of its Generalised scheme of Preferences (GsP)—to be rolled out in early 2023—which reportedly suggests the revision could benefit more Cambodian garment and textile commodities, especially travel goods. ss='cambodia-color'>...

The Special Envoy of the ASEAN Chair on Myanmar Prak Sokhonn haS announced to welcome the State AdminiStration Council (SAC) &lSquo;S declaration of Myanmar&rSquo;S Year for Peace in 2022. SS='cambodia-color'>...

Cambodia’s parliament on Friday approved a law providing financial guarantees for the developers of a planned hydropower dam on a Mekong River tributary, despite opposition from civil society groups seeking to delay the project. Villagers campaigning against the Lower sesan 2 dam in northeastern Cambodia’s stung ss='cambodia-color'>...

The opposition sam Rainsy Party (sRP) has requested the National Assembly to reduce by 75 percent the amount of new debt the government is allowed to take on next year under the latest draft of the 2013 national budget. Opposition lawmaker son Chhay, who sent the ss='cambodia-color'>...

Between 2008 and 2012, Cambodia’s spending on public infrastructure amounted to about Us$2.5 billion — a sum an opposition politician says is too low and is ineffectively put to use. In his opening remarks at the seventh Cambodia Outlook Conference, Prime Minister Hun sen said public ss='cambodia-color'>...

CAMBODIA’s indirect trade and investments with India are possibly worth almost five times more than its direct economic activities, a situation deemed “unfavourable” to the country, an industry expert said yesterday. Direct trade and investments between the two countries hit a record $112 million last ss='cambodia-color'>...

The US embaSSy in Phnom Penh intendS to hold a webinar on doing buSineSS in Cambodia, providing information on the benefitS and challengeS of working in the country for US firmS. “ThiS iS the firSt webinar that will focuS on inveStment opportunitieS and an overview of&nbSp; SS='cambodia-color'>...

The U.S. haS downgraded Cambodia in itS lateSt global Trafficking in PerSonS Report for Showing no diScernable improvementS in itS effortS to combat human trafficking over the paSt year, the country&rSquo;S firSt demotion in five yearS. The 2013 report citeS an increaSe in the number SS='cambodia-color'>...

Provincial authorities in Ratanakkiri have warned ethnic Jarai villagers that they will be arrested if they continue to stop bulldozers belonging to a Vietnamese company from clearing forest in O’Yadav district’s Paknhai commune, community leaders said yesterday. sav Finh, leader of Lom village’s forestry protection committee, ss='cambodia-color'>...

U.N. human rights envoy surya subedi met with a senior official at the Ministry of Justice on Wednesday and reiterated a call for new legislation to be passed on governing Cambodia’s judiciary. “He did not ask us much on anything new, but he did ask for ss='cambodia-color'>...

A $300,000 sum to repair siem Reap City’s fire-ravaged Doeum Kralanh market, originally billed on Monday as a donation from Prime Minister Hun sen, will actually be taken from the national budget, according to a senior ruling-party official. Less than three weeks before the July 28 ss='cambodia-color'>...

The Cambodian banking sector remains strong and not at significant risk of collapse, despite the occasional incidence of foreign investors pulling back after being spooked by “negative” news stories, according to Belgium-based global impact fund Incofin Investment Management Comm VA. ss='cambodia-color'>...

Gold in Mondolkiri is at the center of a dispute between OZ Minerals and shin Ha Mining Co Ltd after an alleged breach in contract. OZ Minerals bought out shin Ha Mining Co Ltd from their joint venture without paying the true value of the ss='cambodia-color'>...

The former deputy director of Anco Groups conglomerate and his wife have been denied bail when accused of stealing nearly $40 million. Anco Groups conglomerate is a consumer good vendor, electricity and hotel operator and is owned by Kok An. If convicted the former deputy ss='cambodia-color'>...

Villagers from Battambang province have submitted petitions to Prime Minister Hun sen asking that land management officials grant them the titles to the land they claim to have lived and worked on for 30 years. Apparently they were previously granted the right to construct homes ss='cambodia-color'>...

Kampuchea Angkor Express and Virak Buntham Express Travel, two bus companies that share a fleet of busses and operate services running between siem Reap, Cambodia and Ho Chi Minh City, Vietnam have both been involved in bus crashes recently. A number of passengers were injured ss='cambodia-color'>...

Vietnam-based Dragon Capital is raising up to Us$100 million for a new Indochina fund, some of which the private equity firm would invest in Cambodian agriculture and infra-structure, Dragon’s chief information officer Bill stoops said yesterday. Dragon Capital has a 20 per cent stake ss='cambodia-color'>...

Cambodia could overtake Thailand’s gem export market to the United states within five years, officials said yesterday. Thailand’s growing economic status could soon disqualify it for tax exemption when exporting gems to the Us market, but Cambodia’s standing as a Least Developed Country would allow it ss='cambodia-color'>...