Construction of the main structure of the supposedly on-hold Xayaburi dam could begin by the end of this year, the Thai company contracted to build it said yesterday. Ch Karnchang chief executive Plew Trivisvavet said preparatory work at the site of the proposed US$3.8 billion, 1,285-megawatt ...

Owners of the upscale 240 Phnom Penh condo development said yesterday that they have stopped construction, for the time being, in order to ensure the security of the nearby US ambassador’s residence. “Construction at ‘240 Phnom Penh’ luxury apartments has been temporarily suspended whilst our ...

The market for Khmer home-buyers purchasing property by installments is booming, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said the concept of buying homes by installments in Cambodia is very attractive to those whom want to buy a house. Almost all housing projects that offer installment purchases see good business, ...

Cambodia Airports, which operates the country’s three international airports, has financed a study of five of the country’s unused domestic airstrips ahead of government plans to rehabilitate the facilities, a representative of the company said yesterday. Khek Norinda, communications manager at the Cambodia Airports, said that ...

A Chinese garment factory manager was deported yesterday after she was given a one year suspended sentence for destroying a picture of the late King Norodom Sihanouk, officials said. The deportation took place as another Chinese factory manager, Liv Kuy Chheang, was charged by the ...

US Defense Secretary Leon Panetta will travel to Australia, Thailand and Cambodia next week as part of America’s strategic tilt to the Asia-Pacific, even as crises in the Middle East demand the Pentagon’s attention and resources. In a week-long trip starting Sunday, Panetta will head to ...

The opposition Sam Rainsy Party (SRP) has requested the National Assembly to reduce by 75 percent the amount of new debt the government is allowed to take on next year under the latest draft of the 2013 national budget. Opposition lawmaker Son Chhay, who sent the ...

The US Congress has averted the “fiscal cliff” by passing a number of budget agreements, and Cambodian politicians and observers say the experience is a good example of compromise between two sides. Cheam Yiep, a lawmaker for the ruling Cambodian People’s Party and head of ...

Reporting that the country had achieved better than expected economic growth last year, Prime Minister Hun Sen yesterday targeted a rapid expansion of the country’s rubber industry and predicted that almost 1 in 10 Cambodians would soon be working in rubber. “Agriculture continues to play ...

The head of the country’s National Authority for Land Dispute Resolution on Wednesday said his authority was unable to resolve land disputes and that the responsibility for settling such disputes rested with the ministries responsible for handing out economic land concessions (ELCs) in the first ...

An appeal hearing in South Korea involving the CEOs behind two major property projects in Cambodia involved in a massive fraud scandal is scheduled to begin today, an official at the court in Seoul said. In February, a Seoul court sentenced a raft of executives of ...

Cambodia could attract an increasing number of Malaysian investors interested in food production and global export if moves to create a halal food recognition body were implemented, Malaysian ambassador Mond Tahir Nasruddin said yesterday. Officials were working together to establish the halal food product recognition ...

The share price of the Phnom Penh Water Supply Authority (PPWSA), the only stock so far to trade on Cambodia’s recently launched bourse, fell yesterday to the lowest price since its first day of trading nearly three months ago. at the day’s close, stock in PPWSA ...

Loans and deposits at Cambodia’s 32 commercial banks rose by more than 30 per cent and 20 per cent, respectively, year-on-year in the first half of 2012, which the central bank governor and economists said reflected the growth in economic activities even as export growth ...

T & P, the notorious labour recruitment firm that was closed down last year because of its appalling record of abuse scandals, is continuing to receive and pocket remittances from maids stranded in Malaysia, a coalition of rights groups told a press conference yesterday. at the ...

The stabilisation of the riel over the first half of this year is a reflection of increased confidence in using riel in the economy as well as improvements in the agricultural sector, according to economists and the National Bank of Cambodia (NBC). The slowdown in the US economy ...

Trade between Vietnam and Cambodia exceeded US$1.9 billion dollars in the first seven months of this year, the High Quality Vietnamese Goods Business Association said yesterday. Speaking at a news conference, an association official said Vietnamese exports to Cambodia came to $1.6 billion in the seven ...

The Ambassador of African country Kenya, Richard Titus Ekai, told Deputy Prime Minister Sok An on Wednesday that he would like to see direct flights between Phnom Penh and Nairobi. Sok An met Kenyan Ambassador Ekai at his office to discuss the initiative regarding direct flights ...

As buyers for international clothing brands yesterday praised the renewal of an agreement aimed at reducing strikes in the garment sector, labor unions and factory owners said that only proper implementation would determine the agreement’s effectiveness. Modeled after an earlier pact from 2010 to prevent work ...

The key to lifting people out of poverty could be found in the setting up of farming cooperatives, the country director of the World Food Program said on Friday, which was also World Food Day. Jean-Pierre de Margerie, country director of the World Food Program, said ...