Mobile firm CooTel, a subsidiary of a large Chinese tele­communications corporation, is making plans to enter Cambodia’s oversaturated mobile phone market, officials said. The Ministry of Posts and Telecommunications granted CooTel’s parent company, Xinwei (Cambodia) Telecom Co. Ltd., an operating license in August 2011 and the ...

China’s expanding investment portfolio in Cambodia has brought into sharper focus the darker side of the Asian giant’s “development projects” in the impoverished Southeast Asian nation. And it is in the southwestern corner of Cambodia—known for its rich biodiversity, forest covered hills and bubbling rivers—where this ...

In late 2009, two months after graduating with a degree in economics, Heng Piseth found a job as a credit officer with a microfinance institution in Kampong Thom province. The story reflects a larger trend confronting young Cambodians entering the financial sector’s job market. While ...

The National Election Committee (NEC) on Tuesday stood firmly behind its refusal to consider a proposal by the opposition CNRP for an independent investigation into the July 28 national ballot. Statements sent between the CNRP and NEC—the last day for political parties to file reports of ...

Cambodia is considering offering sovereign bonds to raise more revenue for the national budget and move away from its dependence on overseas aid, a senior central bank official said Sunday. National Bank of Cambodia director-general Nguon Sokha said the Ministry of Economy and Finance was currently ...

Getting reliable statistical data remains a challenge for Cambodia’s government, as a lack of cooporation among the ministries and corruption still distort what is reality. Industry insiders say this is a problem, especially as reliable data are the base of reference when the Association of Southeast ...

A private VIP terminal costing $15 million is being planned at Phnom Penh International Airport by NagaCorp, which hopes that once it is ready – likely by early next year – high-rollers would flock to its casino and double their spending to $8 billion. NagaWorld, the ...

The boom in high-rise buildings in Phnom Penh indicates the robust economic growth of the Kingdom, but this trend does not include the lower-end accommodation where most economic migrants to Phnom Penh rent. “Cheap rental accommodation plays a crucial role in providing appropriate settlements to those ...

WASHINGTON — Local FM radio station operators say they are uncertain whether they will drop programming from the Voice of America and other foreign-produced media, following the issue of a government ban on broadcasting leading up to Election Day. A June 21 directive from the Ministry ...

The Phnom Penh Municipality on Saturday launched a new campaign to clean up the city’s drainage system in an effort to alleviate chronic flooding during the rainy season. The campaign would encourage people to discard their waste correctly and would also see City Hall cleaning the ...

By the time London Fashion Week comes to a close, 58 high-end designers will have shown their collections. Rail-thin models will have walked the runways. Debate will have raged over size zero. In Cambodia, meanwhile, garment workers stitching clothes that supply the UK high street are ...

The former manager of Canadia Bank’s credit section has admitted to stealing $2.3 million from the bank’s accounts, the suspect’s lawyer said Tuesday, in what is one of the largest embezzlement schemes ever undertaken in Cambodia’s nascent banking industry. The testimony from Yeth So­pheaktra, 30, to ...

The U.N.’s envoy for freedom of as­sembly on Tuesday presented a report to the U.N. General Assem­bly that calls for an approach to election monitoring that looks be­yond polling day to assess wheth­er elections in countries such as Cambodia are “free and fair.” The report, compiled ...

As political deadlock continues, Minister of Defence Tea Banh yesterday used the unveiling of 12 Chinese-made military helicopters to announce that the Royal Cambodian Armed Forces stand “ready to protect” the government and constitution, following what he called “free and fair” elections in July. Speaking in ...

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The U.S. tax collection agency is this week training Cambodian bank staff as well as anti-corruption officials, police, judges and prosecutors in how to investigate financial activity to detect wrongdoing, officials said Monday. U.S. Embassy spokesman Sean McIntosh said the program, called Intermediate Financial Investigations Training, ...

One of the four suspects who have been arrested for their alleged involvement in the theft of $2.3 million from Canadia Bank was the head of the bank’s credit section during the time that the embezzlement scheme was carried out, according to a senior adviser ...

Forestry Administration officials on Friday confiscated 1,000 pieces of luxury wood on land belonging to a Vietnamese rubber company that has been repeatedly accused of illegal logging in Ratanakkiri province’s O’Yadaw district, local officials and human rights workers said Sunday. Romash Svat, a representative of some ...

Malaysia has not yet received a draft agreement aimed at protecting Cambodian migrant domestic workers from abuse, but the government is pressing Cambodia to lift its two-year moratorium on sending maids, a Malaysian official said Wednesday. In October 2011, Prime Minister Hun Sen imposed a ban ...