News

The Thai owners of a pair of sugar plantations in Koh Kong province accused of forcing hundreds of farmers off their land will give the land back if it can be proved that those evicted legally own the land, rights workers and a village representative ...

Going by the World Bank’s method of grouping nation states by their wealth, Cambodia this year could become a lower-middle income country. Not satisfied, however, with this graduation—a feat in itself from Cambodia’s position of extreme poverty just two decades ago when gross domestic product (GDP) ...

The World Bank is under pressure to review some of its policies around the world to ensure that in countries like Cambodia it is not funding the wrong projects. In a discussion at George Washington University this week, panelists said the World Bank is needed for ...

Cambodia will start the construction of a new and more modern stadium on Friday, an official said. Prime Minister Hun Sen will preside over the groundbreaking ceremony for the stadium’s construction, covering 83 hectares of land in the commune of Bak Kheng, in the Russey Keo ...

Cargos entering and leaving through Phnom Penh Autonomous Port, the kingdom’s 2nd largest port, increased by 34 percent in the first three months of this year due to rising trade activities, a senior port official said Thursday. During the January-March period this year, the state-owned port ...

The Kingdom’s tax revenues increased by more than 20 per cent in the first quarter of 2012 compared with the same period last year. Officials said the rise reflects an influx of new buinesses and investments. Opposition lawmakers, however, claim that the numbers are still far ...

Cambodia’s garment industry is experiencing a worrying rise in fire safety violations as factories struggle to cope with a sharp increase in the number of orders they are receiving, the International Labor Organization’s (ILO) Better Factories Cambodia program (BFC) said in a report on Thursday. The ...

A court administrator and creditors who have filed complaints against bankrupt mobile operator Mfone are at loggerheads over whether or not to overturn two injunctions filed against the firm to stop it selling off its assets. “The judges are now considering to drop the injunctions because ...

New car sales noticeably increased in the first quarter of this year, a contrast to the year earlier period when sales dropped compared with the first quarter of 2011, officials said. Major car dealers in Cambodia said yesterday the jump is due to improvements in ...

Hundreds of Cambodian families are suing the British sugar firm Tate & Lyle in one of the U.K’s highest courts over a pair of plantations in Koh Kong province they accuse of violently forcing them off their land and out of their homes. The British law ...

The price of meat will be higher during Khmer New Year, with prices rising between 2,000 riel and 3,000 riel ($0.50 and $0.75) per kilogram, according to vendors. Som Sreymom, a pork vendor at Kandal market, said the price of pork would hit as much as ...

France said it plans to boost its exports to Cambodia as French foreign direct investment in the country – worth $3.18 million in 2012 – continues to rise, officials said on Wednesday. Among this year’s investments, concessions and construction company group Vinci, the largest building ...

Not enough priority is given to research in Cambodia, threatening its long term development, economists and other experts say. Larry Strange, executive director of the Cambodian Development Research Institute, says the country cannot plan for major reform, build its economy, or reduce poverty without proper analysis ...

Cambodia’s Royal Group of Companies is in negotiations to purchase a satellite from China Aerospace Science and Technology Corporation for its telecoms operations in Cambodia, Cambodian Minister of Commerce Cham Prasidh said Wednesday. Tycoon Kith Meng currently owns the kingdom’s largest mobile phone operator, Mobitel. ...

Families in Ratanakiri province yesterday logged a complaint with rights group Adhoc accusing a trio of economic land concession (ELC) owners of illegally logging outside of their concession areas and felling their vital resin and palm oil trees. Chan Naroun said she was among 29 families ...

More than 10,000 families have poured into an area of Prey Lang forest in Kampong Thom province since January, clearing 20,000 hectares of trees to sell as luxury timber and building houses, Prey Lang Community Network members claimed yesterday. Many are believed to be from ...

Cambodia’s exports to the European Union (E.U.) grew to $2.32 billion in 2012, a 23 percent increase compared to the previous year, according to the E.U.’s latest trade figures. The figures, released this week by the European Commission’s trade office, testify to the region’s growing role ...

Ratanakkirri province’s first privately owned water treatment facility will begin to supply clean drinking water to thousands of households in Banlung City on May 1, but residents will have to pay a premium for its use, officials said yesterday. The $1.7 million facility being built ...

Rising water temperatures are affecting fisheries and marine life, said several representatives of Cambodia’s aquaculture industry, and the effect is decreasing seed production and lowering aquaculture farmers’ productivity. Say Sorn, president of aquaculture seed production in Siem Reap province, told the Post yesterday that water temperature ...

Holders of shares in the Phnom Penh Water Supply Authority (PPWSA) have criticised the level of dividend payment that they will receive from the company. PPWSA, which is the only company listed on the Cambodia Securities Exchange (CSX), was to pay its first dividend to 1,500 ...

Cambodia’s first-ever agricultural census is under way, tasked with addressing the lack of reliable statistical information on one of  the Kingdom’s most crucial economic sectors. The census is being taken by the government with assistance from the UN’s Food and Agriculture Organisation (FAO) in two ...

China has pledged another $548 million in aid to Cambodia for infrastructure and irrigation systems, extending assistance that some critics say has bought it Cambodia’s diplomatic support. Agreements covering $500 million in soft loans and $48 million in grants were signed when Prime Minister Hun ...

Betagro (Cambodia) readies for the construction of its new feed mill in Phnom Penh SEZ. The feed mill is to be constructed in the capital’s Special Economic Zone, located 12km from the city center. The company is investing USD$17.2 million in the new project. The plant construction ...

The Lahore Chamber of Commerce and Industry (LCCI) on Tuesday handed over country-specific roadmap to Pakistan ambassadors to Thailand, Uzbekistan and Cambodia that would help strengthen liaison, increase bilateral trade and promote economic cooperation. The Ambassador to Thailand Sohail Khan, Ambassador to Uzbekistan Riaz Hussain Bukhari ...