The Cambodia Daily

PetroVietnam Fertilizer and Chemicals Joint Stock Company (PVFCC) opened a branch in Cambodia in order to facilitate the direct sale of their imported fertilizers to farmers directly. The company gave away 25 tons of fertilizer free in Battambang province in order to celebrate the opening. ...

Nonperforming loans have increased in some banks though the number for the banking system over all has decreased 3 percent according to the National Bank of Cambodia. ANZ Royal Bank has seen a rise to 5.7 percent while Canadia Bank rose to 6.5 percent. Other ...

Staff of the Angkor Village Hotel and Resort in Siem Reap have begun protested after the owner fired a total of 30 trade union officials and members after the staff joined a union in July. The dispute initially started when the owner of the hotel ...

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 ...

Vattanac Properties Ltd’s president has denied ownership of a building site where construction has damaged the surrounding block of historic French Colonial era buildings. Chhung Leang who is also a cofounder of Vattanac Bank has said that the site is owned by an individual but ...

With prices creeping upward and the central bank looking to take monetary action to fight inflation, the government has suspended the publication of the monthly Consumer Price Index, an official at the Ministry of Pallning said yesterday. Sam Saroeun, deputy director of the statistic department ...

The European Union has said that it has no plans to suspend Cambodia’s duty-free trade access even though there have been concerns over land evictions as a result of economic land concessions. The EU is seeking that human rights are not the cost of trade ...

Seized and then sold wood has apparently been stolen from the Try PHeap Import Export Company which bought the lumber. The wood amounts to approximately 42 cubic meters and is priced at over $37,000. Blame for the theft is being cast everywhere including on the ...

A week after government officials ordered Vattanac Properties to halt work on a construction site causing damage to a string of colonial-era building along Phnom Penh’s SIsowath Quay, representatives from the company arrived at the scene yesterday to inspect the affected buildings. Three Vattanac employees, ...

A joint venture between Yayasan Restu, a Malaysian organization, and the Cambodian Muslim Development Foundation is set to establish a microfinance institution with $1 million in start-up capital. The institution will allow members of Cambodia’s Myslim community to obtain loans necessary to start small businesses. ...

Leaning over the railing on the roof of the Khmeroyal Hotel along Phnom Penh’s Sisowath Quay, 54-year-old scholar and long-time Cambodian resident Oliver de Bernon peered across at his crumbing riverfront apartment yesterday. Residents of the block between streets 178 and 184 on Sisowath Quay ...

The number of visitors arriving in Cambodia in the first six months of this year has increased 13.4 percent to 1,385,029, compared to the same period in 2010, Kong Sophearak, director of the statistics department at the Ministry of Tourism, said yesterday. The largest influx ...

About 400 chickens suspected of being infected with bird flu were culled Friday in Banteay Meanchey province’s Monkol Borei district after a died of the virus less than two weeks ago, officials said. Meanwhile, last week the Agriculture Ministry reported that H5N1, or avian influenza, ...

The time it takes to export goods has fallen 40 percent according to the UN. Southeast Asia has seen an improvement in the average time it takes for trade procedures to be completed, dropping to 19 days, though this is still three times longer than ...

Earnings from two of Cambodia’s banks have shown growth within the sector for the first six months of 2011. Acleda Bank and Cambodian Public Bank Plc, have had their profits rise to $21.7 million and $13.4 million respectively. The banks have grown as a result ...

According to more than 30 Angkor Beer promoters who are protesting Cambrew Ltd’s failure to comply to an Arbitration Council ruling, the company has threatened them with firings. The protestors plan on continuing the strike until the company meets their demands. The Cambodian Food and ...

3,800 hectares of forest in Oddor Meanchey province have been privatized for use by the Royal Cambodian Armed Forces (RCAF). Families are facing eviction and the loss of their land after the seizures though some of the land was originally designated state public property. The ...

Villagers who were evicted by security personnel in order to make way for Tan Bien-Kompong Thom Rubber Company have missed another growing season as they have not been given land original promised by the government. They were original promised one hectare of land each before ...

North Korea and Cambodia have attempting to increase trade between the two nations with Cambodia exporting rice and North Korea exporting knowledge. North Korea is set to share its knowledge of small scale hydropower and mining expertise in exchange for rice, beans and corn imports. ...

According to the Asian Development Bank (ADB) the regional and national power grids are key to development, though plans for their development have come under criticism by a number of NGOs who believe that power generation should be decentralized. The ADB’s Greater Mekong Subregion program ...

Three villagers have been summoned as a result of  bloody clash last year stemming from a land dispute and eviction by the Kompong Speu Provincial Court. The 65 hectares of land have been awarded to Kuo Sheng a Taiwanese businessman by the Supreme court. Licadho, ...

Ministry of Land Management officials have said that colonial-era buildings along Phnom Penh’s riverside could collapse as a result of damage received from construction next door. The buildings along the Sisowath Quay could be in an even more perilous position as a result of the ...

What do three Cambodian teenage girls, a French T-shirt designer, a Japanese doctoral student and a Cambodian businessman have in common? On Thursday afternoon, they were all captured by the appeal of BRow Coffee and Bakery on street 214. The value of this crowd of ...

Vattanac may still be a family business, but a symbol of its big aspirations can be seen emerging from Phnom Penh’s skyline on Monivong Boulevard, where the company is building a 38-story tower that will house its headquarters next year. The tower, which was designed ...