Investment

Despite Vietnamese state-owned companies withdrawing funding from projects outside of their core business, the $20 million expansion of the Vietnamese-backed Cho Ray Phnom Penh Hospital remains on track, the hospital’s head said yesterday. In July 2012 the Vietnamese government requested that state-owned enterprises withdraw investment in ...

After grappling with weeks of on-again, off-again strikes, the Phnom Penh Sorya Transportation bus firm has filed complaints against 20 former employees for incitement, making threats and using the company uniform without permission. General manager Chan Sophanna said yesterday that the company filed the complaints to ...

Defendants in a mass trial of 25 men and teenagers accused of joining a string of violent garment worker protests continued to profess their innocence during the second day of hearings at the Phnom Penh Municipal Court on Tuesday. Twenty-three of the men were arrested in ...

More than 170 families in Phnom Penh’s Meanchey district submitted a petition to City Hall on Monday complaining about wealthy businessman Khun Sear’s decision to build a wall in the middle of a road in their neighborhood. The road in Chak Angre Leu commune is under ...

There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...

There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...

Some 500 supporters of union leader Vorn Pao and 24 others arrested during a string of garment worker protests since November will rally in front of the Phnom Penh Municipal Court on Tuesday on the second day of their trials, a union official said. All 25 ...

The Phnong ethnic minority in Mondulkiri province have heard the promises of development before. With increasing investment and the selling off of the region’s forests will come new roads and schools, they are told. But people in this ancient community, tired of seeing their sacred forests handed ...

Dozens of representatives from at least 100 recently evicted families accused of illegally occupying state land in Kratie province traveled to Phnom Penh on Monday morning to petition Prime Minister Hun Sen for his help getting their land back. The families say local authorities have been ...

When Sor Songheng, a manager for an accountancy firm, wanted to replace his cheap Nokia phone a few months ago, he set his heart on a top-of-the-line iPhone 5S worth $780—nearly his entire monthly salary of $800. But instead of scrimping and saving for months to ...

Russia invites some Ministers of Cambodia to visit Russia to sign Memorandum of Understanding on bilateral consultation between the two countries, a government official said. The invitation was made during a meeting Monday between Cambodia’s Foreign Minister Hor Namhong and Dmitry Tsvetkov, new Russian Ambassador to ...

A meeting at the Ministry of Mines and Energy on Friday about plans for a controversial hydropower dam in Koh Kong province failed to assuage fears among those trying to stop the project that construction had already been approved. During Friday’s meeting, officials from the ministry ...

Dozens of villagers in Phnom Penh’s Russei Keo district are facing eviction after the National Cadastral Commission announced last week that a number of areas in Tuol Sangke commune are earmarked for future redevelopment. The commission’s plans for new projects, including a road widening, were posted ...

On the sidelines of a government event marking International Labor Day, Labor Minister Ith Sam Heng on Thursday blamed recent strikes in Bavet City on unnamed provocateurs, but said efforts were underway to resolve the dispute. He also said that a government-ordered shutdown of the 30-plus ...

Police in Svay Rieng province on Tuesday arrested a garment worker for allegedly breaking a car window during a strike that turned violent in Bavet City the day before, and have filed complaints to the provincial court against two union representatives accused of defamation. The arrest ...

Singaporean investors will invest $300 million to erect a twin-towered commercial building called The Bridge, in downtown Phnom Penh. The Bridge, which is a joint venture between Singapore Oxley Holdings and Cambodia World Bridge Land, aims to make its mark on the city landscape by constructing ...

Four hundred Kandal villagers locked in a land dispute in Ponhea Leu district with development company Phanimex submitted a petition Wednesday to district authorities and rights group Adhoc calling for a solution. The petition came a day after villagers blocked National Road 5 for more than ...

The Ministry of Mines and Energy invited the head of an NGO battling to stop construction of a highly criticized dam in a remote area of Koh Kong province to meet with ministry officials Friday. Signed by Mines Minister Suy Sem and dated April 25, the ...

Revenue among insurance firms increased 14 percent in the first quarter compared with the same period last year, according to figures released Tuesday by the Insurance Association of Cambodia (IAC). From January to March, insurance premiums generated $13.86 million compared to $12.15 million the year before, ...

Cambodian authorities on Wednesday refused permission for the 18 opposition-aligned trade unions and associations to celebrate an International Labor Day event on May 1 at the capital’s Freedom Park. “The Phnom Penh Municipality does not allow the trade unions and associations to organize this event at ...

BAVET CITY, Svay Rieng province – The government has ordered all factories here to shut down until Thursday at the earliest in a bid to keep escalating strikes from spiraling out of control and spreading nationwide. “[Provincial] Governor Chieng Am said in a meeting yesterday [Monday] ...

A new auto-mechanics training school at the National Polytechnic Institute of Cambodia (NPI) that aims to train select Cambodian youth and support a shortage in the labour market officially commenced construction yesterday. In partnership with the Ministry of Labour, joint sponsors the Korean International Cooperation Agency ...

Aeon Co, the Japanese firm developing the soon-to-be-opened Aeon Mall on Phnom Penh’s Sothearos Boulevard, has reported a record $62.3 billion in revenue for its financial year ending February 28. The company, which has more than 260 subsidiaries, including the shopping centre development arm Aeon Mall ...

About 200 villagers blocked National Road 5 in Kandal province’s Ponhea Leu district for about two hours Tuesday, lighting fires with wood and tires and causing a large traffic jam as they called for authorities to intervene in their ongoing land dispute with the Phanimex ...