The Cambodian Investment Board approved nearly $850 million worth of investment projects between the start of the year and the end of July, data from the Council for the Development of Cambodia (CDC) shows. According to the data, 90 projects worth $845.26 million were approved during the first ...

The Kandal Provincial Court on Friday tried a former provincial judge, Huoth Heang, and his clerk, Lim Kompheak, both of whom stand accused of corruption. On January 20, Anti-Corruption Unit (ACU) officials arrested Judge Heang during a sting operation in which the judge was caught accepting a ...

The Foreign Affairs Ministry has fired back at criticism over the conviction of independent radio station owner Mam Sonando on insurrection charges, accusing “outsiders” of seeking to interfere in the judicial system. Supporters say the case against Mr. Sonando for allegedly leading an anti-government movement ...

Maruhan Japan Bank yesterday became the first commercial bank in Cambodia to make a direct equity investment into a microfinance institution by becoming Sathapana’s majority shareholder, with a 95.1 per cent stake. Financial details were not disclosed. ...

Acleda Bank announced on Sunday that it will expand its banking services into Burma by opening a microfinance institute there in January. ...

PHNOM PENH – Authorities are searching for three missing construction workers at a Chinese hydroelectric dam in Pursat province, after pipes burst there on Saturday, causing a flash flood. One man, who had been fishing nearby and was thought missing, has been found “safe and alive” ...

In a rare acknowledgement of deforestation concerns, Deputy Prime Minister Sok An, chairman of the National Commission for UNESCO, said the widespread clearing of forests around Angkor Wat was harming views of the historic temple complex. Sok An made the remarks in Siem Reap at a ...

Officials expressed optimism that microfinance institution Prasac would be able to attract more deposit placing clients, after the inauguration of its new headquarters in Phnom Penh’s Boeung Tompun district yesterday. Representatives from the National Bank of Cambodia  and Prasac expect the new 10-storey building to enhance ...

Japanese auto parts maker Yazaki Corp. opened a wire harness factory in Cambodia on Monday, which President Yasuhiko Yazaki said will create about 600 jobs in the country immediately. The $24 million plant is in Koh Kong Province about 270 kilometers southwest of Phnom Penh. ...

Villagers travelled from Poipet to Phnom Penh yesterday to seek the prime minister’s help in ending a land dispute with military police officials. About 30 villagers travelling on behalf of families from Banteay Meanchey province’s Poipet town gathered in front of Prime Minister Hun Sen’s home ...

Located in a humble, barrack-like building with small offices that are still under construction, Global Security Solutions enjoys the proximity to its biggest customer: Toll Royal Railways. The company not only provides security for embassies, but for petrochemical companies, hotels and airlines as well. Since the ...

The recent growth of foreign direct investment (FDI) into the Kingdom will be a good opportunity to develop small- and medium- sized businesses, an official said yesterday. According to Hang Chuon Naron, deputy director of the National Economic Supreme Council and secretary of state at the ...

Thailand’s biggest convenience store operator, CP All, plans to apply for licences to open 7-Eleven stores in countries including Cambodia by 2015, according to a Reuters news report yesterday. The other two countries are Myanmar and Laos, and the plan is part of CP All’s expansion ...

Student volunteers working as part of the government’s land titling scheme are again being accused of refusing to measure land – this time in Pursat province – because they say those living there have done so illegally, according to villagers. Villagers in Bakan district said the ...

About 100 residents of Mondolkiri province’s Sen Monorom City protested outside the provincial hall on Monday, demanding that local authorities reduce the price of electricity in the city, officials said yesterday. Choeng Sochantha, director of the provincial administration office, said the protestors demanded that the price ...

Property experts say foreign companies are coming to invest in Cambodia’s property sector, as they see the growth and potential of the Kingdom. Sung Bonna, director of Bonna Realty Group, said that the number of foreign companies in the sector has grown, and most are from ...

As many flock to their hometowns today to celebrate Khmer New Year, complaints of price hikes and border bribes have started pouring in like clockwork. Passengers arranging transport to the provinces told the Post yesterday that bus companies and taxies had raised their prices despite a ...

Prime Minister Hun Sen lauded the capability of local Cambodian investors who can build factories by their own efforts on May 14 during the inauguration ceremony of the US$-60 million Cambodia Beer Factory, which is totally owned by Cambodians. ...

The CPP yesterday declared victory in Sunday’s commune election, saying it had taken 72 percent of the country’s commune councilor seats and all but 41 of the country’s 1,633 powerful commune chief positions. The SRP in turn said it took 19 percent of the available councilor ...

The Supreme Court yesterday conducted another hearing into the decade-old case of a three-star RCAF general found guilty in 2002 of owing more than US$50,000 for construction work. Presiding judge and vice-pres­­­ident of the Supreme Court Kong Srim said the court would make a final ruling ...