News

Cambodian microfinance institution (MFI) Sathapana Limited will receive $15 million in loans to provide additional support to small- and medium-size enterprises (SMEs), which make up the vast majority of the country’s businesses. The loan comes courtesy of German Investment and Development Company DEG, a subsidiary of ...

Cambodia postponed U.S.-backed military assistance programs immediately after the July 28 national election, officials of both countries confirmed Tuesday, in a move that analysts said reflects a strain in relations after years of strengthening military ties. The U.S. has in recent years expanded training and other ...

Sand-dredging boats were active along the Mekong River in Phnom Penh’s Meanchey district on Tuesday, despite the city’s municipal governor, Pa Socheatvong, having ordered a complete suspension of dredging in the city the day before. Phnom Penh City Hall on Monday put in place the temporary ...

Phnom Penh municipal governor Pa Socheatvong has ordered a complete suspension of all sand-dredging activities while the municipality investigates whether the companies are operating illegally, a spokesman said. The order came during a meeting yesterday between the governor and his subordinates, City Hall spokesman Long Dimanche ...

Candidates for a government program that sends Cambodians to work in South Korea can file paperwork closer to home this year, as applications will now be distributed in 13 provinces. Applications will be available until Friday in provincial labour offices in Battambang, Kampong Cham, Kampong ...

In the wake of last month’s election, production levels at Cambodian garment factories are still below the norm as lingering fears of political unrest keep workers at home and away from the capital. Shrugged off at the outset as a natural byproduct of the election that ...

The deal between national flag carrier Philippine Airlines (PAL) and Royal Group of Cambodia (RCG) to form Cambodia Airlines Co.  Ltd. is set to be completed within the next two months. This was according to Ma. Cecilia Pesayco, assistant corporate secretary of PAL’s parent firm PAL ...

ambodia has suspended international military co-operation programs with the United States and others following that country’s recent, disputed election, the State Department said Monday. The reason for Cambodia’s action was not immediately clear. State Department spokeswoman Marie Harf told reporters that Cambodia’s Defence Ministry has postponed ...

Phnom Penh municipality and the Cambodian Red Cross (CRC) on Sunday donated money and food rations to 176 families from Borei Keila—where thousands of people have been violently evicted from their homes in recent years after the land was sold to a private company. Phnom Penh ...

U.S.-listed firm Entertainment Gaming Asia’s (EGA) Dreamworld casino in Poipet province has seen revenue drop by almost 18 percent this year, according to financial results released by the company. Results issued on Thursday from Hong Kong said the casino, which opened in May 2012, made revenue ...

Finance Minister Keat Chhon has signed a deal with China’s ambassador to Cambodia to secure a concessional loan of $121 million to fund irrigation and power projects. In the latest promise of cash from Cambodia’s biggest donor, Chi­na will fund a power transmission line con­necting Phnom ...

Key players in all quarters of the garment industry have expressed concerns that workers, fearing a violent election-related conflict, may leave work and return to their home provinces after their next pay cheque. In a statement, the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) joined ...

Trade volume between Cambodia and Japan had grown 19 per cent in the first six months of 2013 compared with the same period last year, figures from the Japan External Trade Organisation show. Cambodian exports to Japan were up 31 per cent in the first six ...

Cambodia’s Minister of Commerce and long-time ruling party stalwart Cham Prasidh said yesterday that post-election demonstrations could prevent growth and even result in small-scale looting. “If they want to destroy the economy, they have to protest more and more in order to destroy,” he said. Speaking ...

If Phoeung Sophoan has his way, Phnom Penh’s days as Cambodia’s capital city are numbered. A secretary of state at the Ministry of Land Management, Urban Planning and Construction, Mr. Sophoan has big plans for a new 35,000-hectare capital city north of Phnom Penh called “Samdech ...

Cambodia and Vietnam are enhancing their medical tourism offerings, the International Medical Tourism Journal reported Friday. “In medical tourism, Southeast Asia is a key and fast advancing market. Cambodia and Vietnam now want a share of the action that Singapore, Thailand and Malaysia have,” the journal ...

For the first time since a railway rehabilitation project was launched in 2006, Cambodian rice is now being transported from Phnom Penh to the Sihanoukville port along the country’s southern line for export, operators Toll said on Wednesday. Speaking at the Phnom Penh cargo loading station, ...

After two years of assembling Hyundai vehicles in Cambodia for the domestic market, South Korea-based Hyundai Motor Company is increasing its production to meet rising demand, aiming to reach 800 units in 2013, a company’s representative said. Located in the Koh Kong Special Economic Zone, ...

The 3rd international industrial machinery and garment fair kicked off at Cambodian capital’s Diamond Island Exhibition Center on Thursday with the participation of about 240 exhibitors from 16 countries and regions. A variety of industrial machinery for the production of textile and garment, footwear, plastics ...

Villagers in Kandal province have instigated a turf war over a private company they accuse of illegally pumping sand out of Koh Prak River. Fearing riverbank erosion could damage the surrounding community, about 100 residents of Koh Prak village in Kien Svay district’s Phoum Thom commune ...

Intercontinental Hotels Group, one of the world’s leading hotel companies and operator of InterContinental Hotels & Resorts – one of whose hotels is located in Phnom Penh – said first-half-of-year profits rose 20 per cent on strong gains in the Americas region. According to a statement ...

More than 100 families living in Koh Kong’s Kiri Sakor and Botum Sakor districts are on the clock, with an official government decree demanding they vacate their land in less than two months or face the bulldozers of the Chinese firm slated to build a ...

The Japanese International Co­operation Agency (JICA) on Tuesday announced it hoped to have a public bus system in place in Phnom Penh sometime in 2014, despite earlier assurances it would be up and running this year. The Japanese government’s international aid arm also presented options to ...

Opposition leader Sam Rainsy on Monday vowed to return Phnom Penh’s beleaguered Boeng Kak neighborhood to its residents and to have those who filled the lake with sand thrown in jail, should the opposition CNRP ultimately prevail in contesting the unofficial results of last month’s ...