Cambodia and Vietnam will send a letter signed by the prime ministers of both countries to demand that Laos and Thailand halt the construction of a dam on the mainstream Mekong River in Laos, an official from the Cambodian National Mekong Committee said yesterday. The decision ss='cambodia-color'>...

Cambodia is mulling over a nuclear power option to feed its anemic energy sector, although private sector pundits called the rough plan a dream – a dangerous one at that. The government plans to use atomic energy in the future as oil, coal and biomass power ss='cambodia-color'>...

Banks here are trying to take advantage of a growth in Chinese investment by launching services that will allow payments from local banks to be made in China’s currency, the renminbi. Grant Knuckey, CEO of ANZ Royal Bank, said that because of a growing number of ss='cambodia-color'>...

In his first public meeting in weeks, Deputy Prime Minister sok An on Friday met with a delegation of Thai officials in Phnom Penh and pledged Cambodia’s commitment to resolve a decade-old maritime dispute over contested maritime space in the Gulf of Thailand. speaking to reporters ss='cambodia-color'>...

The United StateS on Monday criticized a deciSion by the Struggling ASian nation of LaoS to build the firSt dam acroSS the mainStream of the Mekong River, a project that environmentaliStS warn could affect tenS of millionS of livelihoodS and trigger a dam-building Spree along SS='cambodia-color'>...

The custodians of a community forest in Ratanakkiri have accused a company of illegally bulldozing their protected jungle. sen Youn, a representative of the Jarai ethnic minority in O’Yadav district’s Lumchor commune, said yesterday an investigation with rights groups had uncovered that the Chea Chanrith Development ss='cambodia-color'>...

Local authorities have stepped in to halt construction around a disputed land concession in Ratanakkiri province in an attempt to discover whether the company has the right to clear forest that residents claim they depend on to survive. In what appears to be a rare showing ss='cambodia-color'>...

Bangkok-based new ambassador of Israel to Cambodia simon Roded on Monday expressed Israel’s desires to promote bilateral ties with Cambodia in tourism and agriculture. speaking during presenting credentials to President of Cambodia ‘s National Assembly Heng samrin, who received the credentials on behalf of King Norodom ss='cambodia-color'>...

Cambodia will soon boast its first tractor assembly plant, with operations expected to begin by the third quarter of this year. The one-hectare plant, in Phnom Penh’s Por sen Chey district, is a joint venture by Belarus-based Minsk Tractor Works, one of the world’s biggest tractor producers, ss='cambodia-color'>...

Chea Sokheng, general director of Arizon Group Ltd, a potential inveStor in Cambodia&rSquo;S education and real eState SectorS, Said that inveStment in education iS a main contributor to developing human reSourceS and growth of the national economy. Though he mentioned the opportunity to inveSt in the SS='cambodia-color'>...

Thaicom Public Company Ltd., which owns a majority stake in local phone operator Mfone, announced on Friday that they have devalued the company by about $1.31 million as profits in the first quarter dropped by half. “In an effort to reflect the fair value of its ss='cambodia-color'>...

The determination of 3,000 garment factory workers in Kampong Chhnang province’s M&V factory has finally paid off. Workers will return to the factory floor today after management finally agreed to their four-point list of demands yesterday, after initially refusing to budge. Noun sam Ol, deputy president of ss='cambodia-color'>...

Forestry Administration officials have seized equipment valued at $1.5 million from a Banteay Meanchey province biofuel plantation, which is being investigated for fraud in the UK, company and forestry officials said yesterday. sustainable Agro Energy’s assets were frozen in February and investigators at the U.K.’s ss='cambodia-color'>...

The number of new land disputes reported in the first six months of this year decreased by 38 percent compared to the same period in 2011, according to data released by rights group Licadho last week. According to the figures, which represent 15 of the country’s ss='cambodia-color'>...

The producer of Mee Yeung instant noodles is set to expand its business by investing Us$1 million in equipment to produce noodles for export, said a company official. The new machines will be delivered from China and will be able to produce 6,000 cases or ss='cambodia-color'>...

Increased labour strife in the garment sector and slumping Western economies contributed to a slow-down in Cambodia’s exports during the first six months of the year, with total growth dropping by about 74 per cent year on year. Exports rose, to Us$2.5 billion, up 12 per ss='cambodia-color'>...

Three Cambodians were shot and killed early on saturday morning after engaging in a firefight while illegally logging along the Thai border, officials said yesterday. The three are believed to have been shot after crossing from Battambang’s samlot district into Thai territory while logging luxury rosewood “The ss='cambodia-color'>...

Government spending next year will total more than $3 billion, a 16.2 percent increase from the $2.6 billion set aside for 2012, according to a draft of the national budget obtained Friday. The budget states that the government will allocate some $400 million, or 13.32 ss='cambodia-color'>...

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. The shareholders who sold out to Maruhan were FMO, ss='cambodia-color'>...

The Kingdom’s consumer price index declined by 0.1 per cent in October for the first time in 2012 due to a decline in food and gasoline prices and a stable Us dollar exchange rate, according to official data released by the National Institute of statistics ss='cambodia-color'>...