News

The market for Khmer home-buyers purchasing property by installments is booming, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said the concept of buying homes by installments in Cambodia is very attractive to those whom want to buy a house. Almost all housing projects that offer installment purchases see good business, ...

Land prices along National Road 1 have climbed between 20 and 30 per cent after the road was extended in response to the increasing amounts of vehicles using it. The land that surrounds National Road 1 can be divided into three locations according to the ...

The Cambodian government has decided to cancel this year’s Water Festival in Phnom Penh out of respect for the late King Father Norodom Sihanouk, Prime Minister Hun Sen announced on Tuesday. The Prime Minister said in a circular notice that the celebration on the Tonle Sap ...

A Ratanakkiri-based human rights worker charged by the Ratanakkiri Provincial Court with inciting ethnic minority villagers to protest during a 2009 land dispute with a private agro-industry company has been transferred to work in Phnom Penh. Pen Bonnar, Ratanakkiri provincial coordinator for Adhoc , said yesterday ...

Cambodia’s growing economy and hunger for new brands, particularly among young people, contribute to making Cambodia a profitable market for the franchise business, industry insiders said at the Franchising Forum in Phnom Penh last week. [Rami Sharaf, CEO of RMA Group in Cambodia] said Cambodia is ...

Twenty-six people died and another 85 were seriously injured on roads in the final three days of Pchum Ben this year. The toll is only marginally fewer than last year, when 75 separate traffic accidents caused 98 people to be admitted to hospital with serious injuries ...

Flower prices soared considerably due to the official mourning period of Cambodia’s former king, Norodom Sihanouk, according to vendors. Crowds of people set upon flower shops at different markets in Phnom Penh, where tens of thousands of mourners participated in paying their respects to the former ...

The late King Father Norodom Sihanouk made his final journey back to Cambodia yesterday to be greeted by an estimated 1 million people who lined the streets in reverential silence to witness the return of the country’s much-loved monarch. Cambodians of all ages stood silently on ...

With an estimated 1 million people- 10 times more than Phnom Penh authorities had expected- lining the streets yesterday for the arrival of Norodom Sihanouk’s remains, legions of police, medics, and street sweepers were working behind the scenes to make sure everything went smoothly. National Police ...

Cambodia will know by the early hours of tomorrow whether its bid for a seat on the UN Security Council has been a success. The Kingdom is up against South Korea – the home country of UN Secretary-General Ban Ki-moon – and Bhutan for the Asia-Pacific ...

They came from down the road and from across the country, trailing flags and portraits in their wake. They paused to pin thin black ribbons and coarse patches of cloth onto blazing white shirts. And, one by one, starting early yesterday morning, Cambodian mourners lined the ...

THE PHILIPPINES is one of the leading countries in microfinance policy and regulation in Asia but it still lags in terms of scale and reach to the poor, the Asian Development Bank (ADB) said. “Of the 21 countries with ADB support during 2000-2010, ADB’s efforts were ...

The Cambodian government says reports that it is planning to build a nuclear power plant are untrue. Cambodia denies it plans to build a nuclear power plant (Credit: ABC) A report originating in the Bangkok Post newspaper has been replicated internationally. It says the Prime Minister Hun ...

On top of impressive growth, the Royal Government is opening the country to international investment As for mining: the country is now open for international business. The stable, democratic government passed anti-corruption laws in 2011 and has dedicated itself to working with private business The most active ...

Authorities in Phnom Penh are expecting at least 100,000 people to line the city’s streets today as the body of King Father Norodom Sihanouk arrives back in Cambodia and embarks on a 10-km procession from the airport to the Royal Palace. The return of the retired King—who died ...

The plane carrying the body of late King Father Norodom Sihanouk touched down this afternoon. The body made its way to the Royal Palace in a procession attended by more than 100,000 mourners. Even hours before the Boeing 747 carrying the late King Father arrived from Beijing, ...

Singapore-listed property and construction group TA Corporation has managed to post stellar increase in earnings in the first half of this year, despite the government’s property cooling measures TA Corporation is also aiming for further growth overseas through joint ventures in China and Cambodia “China has big ...

The Royal Government of Cambodia has deposited their instrument of ratification to the Association of Southeast Asian Nations (Asean) Framework Agreement on visa exemption for Asean nationals last week with Surin Pitsuwan, secretary-general of Asean, in accordance with the Article 8 of the agreement The agreement ...

Local and foreign dignitaries offered their condolences to the royal family on news of the death in Beijing yesterday of King Father Norodom Sihanouk, who led his country out of colonial rule in the 1950s and went on to play a leading role in the country’s ...

Every day, thousands of people drive past a big electronic billboard showing market data from the Cambodia Securities Exchange (CSX), the first securities market in the Kingdom’s history. While waiting for the traffic light, those Cambodians who are interested can get a glimpse of the ...

Trading company Galuh Prabu Trijaya is closing in on a deal with Cambodia that could boost sales of Indonesian fertilizer and agricultural machinery by $1.5 billion over five years. The deal would double Indonesia’s annual exports to the Mekong country, as the largest economy in Southeast ...

A lot of Japanese companies have been making inquiries about investing in Cambodia. And a good number of them are companies who are considering relocating from China. This was revealed by Phnom Penh Special Economic Zone manager Hiroshi Uematsu in the Japanese newspaper Asahi Shimbun. Recent ...

At the Cambodian Rice Forum 2012, Agriculture Minister Chan Sarun said that if the Kingdom wants to reach the government’s goal of exporting 1 million tons of rice annually by 2015, rice mills need to join forces and work closely together. Such an association [of rice ...

King Father Norodom Sihanouk passed away today in Beijing at the age of 89, 59 years after he declared Cambodia’s independence from France. Sihanouk was a greatly charismatic leader revered as something of a God King during the height of his power in the 1950s and ...