A representative of Vietnamese state-owned electricity giant Electricity Vietnam International (EVNI) confirmed yesterday that their stake in a dam project in Stung Treng province has been bought out by their Cambodian and Chinese business counterparts. While Royal Group chairman Kith Meng has maintained that EVNI still ...

The Asian Development Bank (ADB) on Tuesday unveiled its new three-year assistance plan of 525 million U.S. dollars to Cambodia in order to help the country reduce poverty, promote growth and mitigate climate change, the bank said. The plan for 2013-2015 marked the bank’s strategic focus ...

Cambodia has greeted some 3.2 million foreigners in the first eleven months of 2012, up 24 percent compared with 2.58 million visitors in the same period a year earlier, showed the latest statistics of Tourism Ministry on Thursday. From January to November last year, Vietnam topped ...

Cambodia recorded a trade deficit of 2.65 billion U.S. dollars in 2012, according to the government’s statistics on Wednesday. The country’s total import and export volume had reached 13.63 billion U.S. dollars last year, up 19 percent from 11.48 billion U. S. dollars in a year ...

Cambodia’s GDP is projected to grow by 7 percent this year even though the global economy remains fragile and high risk due to persisting sovereign debt crisis in Europe and sluggish economic recovery in the United States, a commerce official said Monday. Last Tuesday, the ...

Maybank Bhd is looking to increase its presence in Cambodia, by raising the number of its branches to 20 from 12 currently. Speaking at a public panel dialogue organised by The Wharton School about the economic prospects of the ASEAN region, Maybank’s CEO Datuk Sri Abdul ...

Prosecutors yesterday recommended that the Ratanakkiri Provincial Court drop charges against two human rights activists and a radio reporter accused in 2009 of inciting villagers involved in a land dispute against agro-business firm DM Group. Deputy prosecutor Ros Saram told the Post that because he ...

Kampot Port Co will break ground on a Kampot port in September, company officials said yesterday. The port will be an important part of a long-delayed Kampot Special Economic Zone (KSEZ), which is hoped to revitalise trade and commerce in the province. Vinh Huor, president of the ...

Two months after it was unveiled and released in the U.S., Apple Inc.’s newest version of the iPad will be released Friday in Cambodia, according to the website of the California-based technology giant. Though suppliers of the iPad in Cambodia were tightlipped yesterday on the number ...

Representatives from international and national teams involved in the restoration and preservation of the Angkor Archeological Park are meeting today in Siem Reap City to discuss the future of the site. Gathered for the Technical Session of the International Coordinating Committee of Angkor (ICC), the representatives ...

During the celebration of world day against child labor, ILO also released its message about the situation of child labor in Cambodia. June 12th is a very important day for all of us, ILO said, adding that we recognize efforts made to promote children’s rights for the children of this country, and share ...

Property prices in both in Phnom Penh and the surrounding suburbs have increased around 10 percent in the first half of 2012 as more foreign investors buy up new condominiums and banks provide more housing loans, say real estate experts. After years of flat prices due to weak demand in the wake of ...

Hundreds of families from more than a dozen communities joined local human rights groups yesterday as they rallied outside the National Assembly for World Habitat Day, calling for an end to forced land evictions in Phnom Penh. Among those protesting were residents from the Boeng ...

Hun Sen’s titling plan was announced in June and is intended to resolve land conflict stemming from the Khmer Rouge regime’s ban on private property in the 1970s. Around 1,600 students have been sent around the country to demarcate 4.4 million acres of uncontested territory, which ...

Prime Minister Manmohan Singh arrived in the Cambodian capital on Sunday to attend the ASEAN and East Asia Summits which will provide an opportunity for India to enhance its economic cooperation with the region amid lingering financial crisis in the western world. Singh is here for ...

Cambodia attracted approximately 2.86 million international tourists in the first ten months of this year, up 24 percent over the same period last year, a report of the tourism ministry showed Wednesday. The report said Vietnam remains the largest source of foreign visitors to Cambodia ...

Canadian funding for ethnic minority communities in the process of applying for communal land titles will run out in March, and other donors have not yet signed up to take over the task, officials from the Canadian International Development Agency (CIDA), which currently provides the ...

Commune and city officials met yesterday with the developer of the Chroy Changvar satellite city and residents of the area affected by construct-ion [sic] to discuss compensation for the displaced. The development, under construction by the Overseas Cambodian Investment Corporation, will affect more than 31 hectares ...

Cambodia’s inflation rate fell to an annual three per cent last year, down from 4.9 per cent a year earlier, according to data from the National Bank of Cambodia released in late January. Chea Chanto, the bank’s governor, told an annual meeting in late January that ...

Minsk Tractor Works (MTZ trademark) will make a monetary contribution to the authorized capital of a private company Belarus-Mekong that is being set up in Cambodia. Upon the suggestion of the Industry Ministry of Belarus, the Belarusian company will transfer 32 million Cambodian riels (about ...