U.S. and Japanese companies are interested in prospecting for oil and natural gas in Cambodia. According to Phai Siphan, state secretary and spokesman of the Council of Ministers Office, in the provinces of Preah Vihear, Siemreab, and Kampong Thom there are 17 oil blocs covering ...

For hundreds of years, the ancestors of Vam Sovann have lived in Koh Kong province’s remote Araeng valley. Some 70 km from the nearest national road, Mr. Sovann’s village has no electricity or phone coverage, no paved roads or running water; instead, it has access ...

The long awaited first security listing on the Cambodian Securities Exchange became a reality on February 23 with the Security Exchange Commission of Cambodia’s “in principle” approval of Phnom Penh Water Supply Authority’s (PPWSA) “disclosure document for public issuance of equity securities”. This is effectively a ...

South Korea replaced the UK as the largest investor in Cambodia last year, with about $287 million injected, 12.5 per cent of the total foreign direct investment, according to data from the Council for the Development of Cambodia (CDC). This represents 33 per cent ...

An unnamed Chinese investor will put nearly US$400 million into a 300-megawatt coal-powered plant in Kampot province, officials said yesterday. The plant, slated for a November groundbreaking, will provide power for the Kampot Special Economic Zone, the nearby Prey Nob oil refinery in Preah Sihanouk province ...

A lack of legal protections, insufficient commitment from the Malaysian government and an overworked, understaffed embassy are among the major obstacles to lifting the maid ban, according to an internal government report obtained yesterday. Penned by the Ministry of Interior, the 12-page brief details a ...

The Phnom Penh Municipal Court has summoned Chan Soveth, a long-serving senior investigator at rights group Adhoc, over charges of aiding an unnamed perpetrator in Phnom Penh earlier this year, according to a copy of the citation obtained yesterday. Dated Aug. 9 and sent to Adhoc’s ...

A Cambodian migrant worker has alleged that he and dozens of fellow migrants were arrested, beaten, stripped naked and shaved bald by Thai police, who then extorted money from them just because they did not have the correct location on their working visas. The allegation is ...

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 ...

More than a week after the World Bank blacklisted a Canadian construction firm over bribes allegedly paid in Cambodia and Bangladesh, it was still unclear Thursday whether the government, or the national anticorruption body, are investigating the allegations. SNC-Lavalin Inc. was banned from World Bank contracts ...

The government has won an arbitration case in a World Bank court, successfully countering a $300 million claim made by a U.S based company over a failed power plant project dating back to 1996. According to a statement from the Council of Ministers’ Press and Quick ...

Repeating his country’s call for a transparent investigation into irregularities during the July 28 national election, the U.S. ambassador to Cambodia has urged the government to repair deficiencies in the electoral process. While some foreign governments have issued congratulatory messages to Prime Minister Hun Sen and ...

Faced with widespread evictions and opaque private sector deals, activists in Cambodia are calling on the government to be more open and transparent about land concessions, beef up mechanisms for resolving land disputes, and abide by the rule of law. It is estimated that ...

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 ...

A bribery investigation by the World Bank has discovered misconduct by a major Canadian construction firm that was awarded a $5 million contract to help expand access to electricity in rural Cambodia, the bank said. In December 2009, SNC-Lavalin announced that it has been awarded ...

Audits of the voter list which claimed that up to 1 million people could lose their right to vote in the July 28 national election were attributed to an “unavoidable margin of error” due to many citizens not having national identity cards or a permanent ...

The Ministry of Justice yesterday held the first of what it said would be regular forums soliciting the input of civil society on judicial reforms, and promised a new measure that it maintained would streamline the courts’ workflow. Citing widespread frustration among citizens, Justice Minister Ang ...

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Cambodia ranked 137 out of 189 countries in the World Bank’s Doing Business 2014 report released Tuesday, the first drop in at least two years that shows conducting business in the country is becoming more difficult. The report ranks countries in 10 categories, including starting a ...

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