Investment

A private utilities company owned by wealthy businessman and ruling Cambodian People’s Party Senator Kok An is fulfilling only about half of Poipet’s demand for clean water, despite being contracted to supply the whole town, according to the city governor. With priority for the distribution of ...

Member of Phnom Penh’s lake communities who stand to have their lives uprooted by development projects filed complaints yesterday. Representatives of 260 families who live near Boeung Tamok in Sen Sok district’s Ponhea Pon commune filed a petition with City Hall asking for intervention over 200 ...

Foreign and domestic investment in construction projects skyrocketed in the first four months of the year, government data suggests. Ministry of Land Management and Urban Planning data revealed last week shows total investment in new construction projects reached more than $1.4 billion at the end of ...

Indigenous villagers in Mondolkiri province say relevant authorities that are supposed to crack down on forestry crimes instead collude with logging companies and powerful businessmen, allowing them cut down trees. That has put their forest tribal traditions and livelihoods, which are dependent on forests, in ...

Villagers who claim a development project in Russey Keo district has already taken a bite out of their land said yesterday that they fear the plan will swallow the rest of their property, as they filed petitions and met with local authorities. Members of 80 families ...

Prey Lang is one of Cambodia’s few remaining large forests, covering approximately 3,600 square kilometers across four northern provinces. The forest is home to about 200,000 mostly indigenous people, who depend on it for their livelihoods, according to the Prey Lang Community Network. But, the ...

Marubeni Corp. said Monday that it would acquire a 20 percent stake in a Cambodia-based electricity generation and transmission business owned and operated by Malaysia’s Leader Group, marking Japan’s first foray into Cambodia’s power market. Leader Infrastructure Ltd. operates two 50 megawatt coal-fired power stations in ...

With some people eating lunch off a tablecloth on the ground as children played in the distance, the scene in a small village in Phnom Penh’s Russey Keo district yesterday afternoon looked somewhat like a picnic. But villagers had gathered there, a few metres from a ...

The Cambodian Council of Ministers on Friday approved a five-year development strategic plan (2014-2018), which needs financial resources of 26.5 billion U.S. dollars to achieve the target, according to a news statement released after a weekly cabinet meeting. The plan is designed to develop infrastructure, ...

The owner and developer of Koh Pich in Phnom Penh has been ordered by the government to scale back its expansion of the island, according to the Ministry of Water Resources and Meteorology. According to a statement posted to the ministry’s website on Wednesday, the Overseas ...

Verdicts will be handed down Friday in two garment protest-related cases that rights groups say were built on a weak body of evidence. The two cases occurred months apart but followed a similar narrative: Garment workers fed up with their calls for a higher monthly minimum ...

Representatives for about 250 families involved in a long-running dispute with an agri-business firm in Kompong Speu province have filed a complaint with rights group Adhoc and say they will attempt to retake land that was stolen from them. About 60 of the villagers traveled to ...

A group of about 100 people, including 50 or so monks, attempted to march yesterday to protest outside Phnom Penh’s Buddhist Institute, but were thwarted by droves of military police and district security guards on Sisowath Quay. No violence occurred as Independent Monk Network leader But ...

Hang Chantha watched in horror last weekend as a private company battling to take her land dug a four-meter-deep trench around the perimeter of her home. “After the company dug, I could not sleep at night; I was afraid my house would fall,” she recounted Thursday, ...

More than 200 people from the group Land Communities for Peace marched from the Anti-Corruption Unit (ACU) to the National Assembly on Thursday in defiance of a ban issued by City Hall. Phnom Penh deputy governor Khuong Sreng said the protest would not be allowed after ...

Following the success of Borey River Town, the investor behind it has announced plans to inject $100 million into developing a new project. General manager Teng Rith says that construction of Borey River Town is now 50 per cent complete, with some 80 per cent of ...

The management of the 32-storey De Castle Royal condominium project in BKK1 has announced that the The Place, widely regarded as Phnom Penh’s only independent five-star gym, will manage the development’s fitness centre. This means the air-conditioned De Castle Royal gym will be fully fitted out ...

Grand Twins International (Cambodia) Co. Ltd., a Phnom Penh-based manufacturer of clothes for U.S. athletic brands, has again delayed its listing on the Cambodia Securities Exchange (CSX), officials said Wednesday. The company was expected to list Thursday, but technical problems prevented it from doing so, according ...

About 1,000 workers protested outside Ocean Garment factory in Phnom Penh’s Pur Senchey district on Wednesday to demand compensation for being out of work while the factory suspends its operations for a month due to flagging demand from buyers, a union leader said. Workers have been ...

The Hong Kong-invested Casa Meridian project plans to launch sales and start construction at the end of this month. Casa Meridian is a skyscraper condominium development on Diamond Island (Koh Pich), which developers there hope will become a modern commercial and residential area of Phnom Penh ...

Australian-listed Cell Aquaculture (CAQ) – a onetime a marine technology company – has purchased a casino on the Cambodia-Vietnam border in a bid to generate much-needed revenue after nearing bankruptcy in 2013. On May 26, CAQ announced in a statement to the Australian Stock Exchange that ...

Foreign currency deposits grew briskly during the first four months of the year, a sign that public confidence in Cambodia’s financial institutions is high despite the uncertainty after last year’s disputed national election, bankers said this week. Cheam Teang, executive vice president of Acleda Bank Plc., ...

A group of 15 local and international rights groups Tuesday sent a slew of letters to the Chinese government and companies involved in the Lower Sesan II hydropower dam in Stung Treng province seeking a halt to dam construction due to serious environmental and social ...

The Telecommunication Regulator of Cambodia (TRC) last week warned mobile operator Smart that it could face legal action for attempting to lure customers away from rival operator qb, and ordered Smart to resolve the issue “immediately,” according to a letter from TRC to Smart’s CEO ...