Slowly but Steadily, demand to do croSS-border buSineSS in ChineSe yuan iS puShing itS way into one of ASia&rSquo;S dollar-dominated StrongholdS. AS China continueS to liberaliSe the yuan &ndaSh; or at leaSt hint at when Some capital controlS could be lifted &ndaSh; Cambodian buSineSSeS that import SS='cambodia-color'>...

Vatha, a 42-year-old construction worker, has been toiling for four years at numerous building sites across Phnom Penh. He knocks down dilapidated dwellings and in their place builds houses and apartments that are bigger, better – and increasingly higher – as demand for residential property, especially ss='cambodia-color'>...

Cambodia on Wednesday inaugurated a 128-kilometer China-funded national road No. 62 in an effort to boost social and economic development in northern provinces. The road, from Kampong Thom province’s Kampong svay district to the provincial town of Preah Vihear province, cost about 52 million U.s. dollars ss='cambodia-color'>...

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 ss='cambodia-color'>...

Honey collectors from four provinces in Cambodia signed an agreement with the Cambodian Center for study and Development in Agriculture (CEDAC) in order to bring more honey to the capital. CEDAC has encouraged farmers from four provinces – Preah Vihear, Kratie, Koh Kong and Mondulkiri – ss='cambodia-color'>...

An Australian company working towards mining gold from the Okvau deposit in Mondulkiri province, currently estimated at 729,000 ounces, expects to employ more than 1,000 local people during the mine’s construction phase and 500 in the   longer term. Renaissance Minerals managing director Justin Tremain told the ss='cambodia-color'>...

Aeronautical fees imposed at airports in countries which are members of the U.N.’s International Civil Aviation Organization (ICAO)- including Cambodia- must be uniformly and transparently applied to all airlines, a spokesperson for the ICAO said yesterday. Last week, airline officials  said that a $1,000-per-landing royalty fee ss='cambodia-color'>...

Cambodia on Wednesday launched a “one tourist, one tree” campaign, aiming to promote green tourism and environment protection, Tourism Minister Thong Khon said. “We have already prepared tourism gardens in 11 provinces including cultural siem Reap province, coastal Preah sihanouk province and eco-tourism side in Kratie ss='cambodia-color'>...

The Bobruisk-based mechanical engineering company Bobruisk Plant of Tractor Parts and Units has shipped a batch of proprietary compact tractors Belarus 321 to Cambodia for the first time, representatives of the company’s sales department told BelTA. In line with the contract, which was signed in early ss='cambodia-color'>...

People applying for land titles in urban areas are at a huge disadvantage compared to their rural counterparts due to the higher percentage of property disputes with powerful officials and businesspeople in the country’s cities, a new report on land registration has found. To improve ss='cambodia-color'>...

The Ministry of Tourism and the French TV channel TF1 have signed a deal on a “2013 action plan” that will promote Cambodia’s beach tourism. The agreement was inked yesterday by Tourism Minister Thong Khon and Franck Firmin Guion, the president of Adventure Line Product-ions (ALP). The plan ss='cambodia-color'>...

Laos is considering a single-visa scheme with its neighbours Thailand and Cambodia to promote balanced development in the subregion, officials said. The Lao government will hold talks with Cambodia, possibly at the end of this month, to learn from Phnom Penh’s experience in this matter, a ss='cambodia-color'>...

A major Vietnamese bank is closing its brokerage and securities arm in Cambodia, an official said yesterday, amid the ongoing drought of listings on the Cambodian securities Exchange (CsX). sacombank, which will continue to operate as a bank in Cambodia, set up the securities firm ss='cambodia-color'>...

As rising economic growth spurred demand for personal loans, Prasac, Cambodia’s biggest microfinance institution (MFI), provided $106 million in loans between March, 2012 and March, 2013, an increase of 66 per cent compared with the corresponding period a year earlier.  “Loans [were] mainly used for service ss='cambodia-color'>...

More than 40 hectares of protected forest in Rattanakiri’s O’Yadav district was razed by a Vietnamese company over the course of six days before they were stopped yesterday by villagers and investigators from rights group Adhoc, a local official said. sav Hlin, a village chief in ss='cambodia-color'>...

Police at border checkpoints have in the past weeks stopped more than 2,200 people in Banteay Meanchey province from crossing into Thailand to look for better paid work, officials said yesterday. The focus on Cambodian workers migrating to Thailand-many illegally-comes amid a shortage of labor at ss='cambodia-color'>...

Rising global temperatures could greatly exacerbate flooding in southeast Asian countries such as Cambodia, as well as parts of Africa and south America, a new study by the University of Tokyo has found. Employing 11 different climate models, researchers found that with a mere rise ss='cambodia-color'>...

Sporting red bandanaS and armed with the accoutrementS of Khmer black magic, Several hundred demonStratorS repreSenting embattled communitieS throughout the country held noiSy proteStS outSide Several government officeS yeSterday, where they placed curSeS on corrupt officialS and Submitted written petitionS demanding juStice. Unlike previouS proteStS that SS='cambodia-color'>...

Continuing its efforts to quell an increasing number of strikes in the Kingdom’s lucrative garment sector, the government this week issued a directive aimed at giving provincial and municipal governors powers to resolve issues at factories without calling on ministries in Phnom Penh. “To ensure further ss='cambodia-color'>...

Opposition leader sam Rainsy on Wednesday asked the Constitutional Council of Cambodia (CCC) to re­instate him as a voter and candidate for sunday’s election, privileges he lost due to criminal convictions that King Norodom sihamoni recently pardoned. “I would like the Constitutional Council of Cambodia to ss='cambodia-color'>...