NagaCorp, a gaming and entertainment hotel complex operator in Cambodia, has raised HK$1.21 billion ($156 million) from a top-up placement, after fixing the price at the bottom of the indicative range. The deal was launched at around 6pm yesterday in Hong Kong time, and the ...

U.N. human rights envoy Surya Subedi on Tuesday received a thorny reception from hundreds of students at a Phnom Penh university, who angrily questioned his impartiality and unfurled banners calling for him to end his work in Cambodia. Special rapporteur Subedi delivered a lecture to about ...

Government revenues totalled more than $700 million over the first four months of the year, an 11 per cent year-on-year increase, data from the Ministry of Economy and Finance (MEF) show. In total, the revenue made by the General Department of Taxation (GDT) rose by about ...

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 ...

Hui Tien Jien has eaten at a Chinese restaurant called Old Place Seafood two times – and he’s been in Phnom Penh for only two days. Chinese restaurants in Phnom Penh are spreading in response to a flood of tourists from China: tourists who insist ...

When a bridge and kiosk collapsed into a pond at a Phnom Penh garment factory last month, injuring more than 20 workers, the Prime Minister’s Bodyguard Unit and police rushed to scour the murky water for survivors. Some hours later, those forces remained unsure whether any ...

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 ...

The Ministry of Social Affairs on Friday established four sub-committees tasked with finding a new minimum wage for the country’s 300,000-plus garment factory workers, Minister Ith Sam Heng said on Friday. “The sub-committees have a limited time of five weeks for research before they have to ...

The Cambodian government on Monday issued a statement, warning foreign diplomats against interfering in the country’s internal affairs over the contested July 28 election that handed victory to Prime Minister Hun Sen’s ruling party. “Cambodia does not need to resort to laws from other countries. ...

Nathan Horton’s business model is straightforward. A professional photographer, Horton helps amateur photographers take pictures abroad. Photo tourism is an increasingly lucrative trade in Cambodia. Horton, who runs half-day jaunts in Phnom Penh and longer journeys into the provinces, is one of the practitioners capitalising on ...

Cambodian opposition leader Sam Rainsy said his country has reached a political “stalemate” and is calling for a halt in international aid to the Phnom Penh government. Rainsy spoke to VOA during a visit to Washington, where he is trying to convince U.S. officials and others ...

It has been one year since Cambodia announced that it was lifting its ban on intercountry adoptions beginning January 1, 2013, but despite praising Cambodia’s efforts to implement international regulations, countries that ban adoptions of Cambodians said this week that they were no closer to ...

More than $600 million flooded out of Cambodia’s entire banking system during the third quarter of this year, as fears of post-election chaos set off panic and mass withdrawals, new figures from the National Bank of Cambodia (NBC) reveal. The figures, obtained yesterday, were the first ...

Standard & Poor’s affirmed Thursday its ‘B’ long and short-term sovereign credit ratings for Cambodia, adding that the outlook for the long-term rating remained stable. At the same time, the US rating agency affirmed its ‘axBB-‘ long-term and ‘axB’ short-term ASEAN regional-scale ratings on the country. ...

A ruling party lawmaker and parliamentary spokesman said yesterday that the National Assembly will consider invoking an internal rule that could force the opposition party to replace its elected lawmakers with lower-ranked candidates from within the party if their boycott continues beyond a deadline. Principle 83 ...

Locals and rights groups on Wednesday said dozens of farmers in a village in Preah Vihear province have been singled out for eviction after supporting the opposition CNRP in last month’s vote, a claim their village chief denied. Residents of Choam Ksan district’s Kom Prak village ...

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, ...

The Court of Appeal has reduced to six months the original three-and-a-half-year prison term handed to the son of a wealthy businessman for pistol-whipping a man and damaging restaurant property. Duong Udomchorvin, 24, was sentenced in May, along with his 17-year-old brother, Duong Kimlong, who was ...

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 ...

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 ...