Despite being downgraded by Moody’s just over two months ago, profits at Cambodian Public Bank (Campu) and Acleda Bank—two of the largest banks in the country—increased by about 50 percent during the first half of the year, according to figures provided by the banks yesterday. In ss='cambodia-color'>...

For the past several days, Boonma and seven other Houay souy villagers have travelled back to their homes near the Xayaburi Dam building site on the Lao side of the Mekong River. since the beginning of the year they have been relocated to a new ss='cambodia-color'>...

The recent deluge of comments critical toward the Cambodian government is an attempt to sow political chaos, a senior official said yesterday. At a press conference held at the Council of Ministers, Keo Remy, deputy chairman of the Press and Quick Reaction Unit, blasted several individuals ss='cambodia-color'>...

More than 300 families embroiled in a land dispute with notorious, and now defunct, NGO Darpo said yesterday that they had filed complaints to the Preah Vihear Provincial Court on Wednesday accusing a Koh santepheap reporter of disinformation and calling for his arrest and $4,000 ss='cambodia-color'>...

A woman fired from the Conpress Holding garment factory last week said she terminated her pregnancy of three months on sunday in a desperate bid to gain reinstatement for herself and three other workers fired last week for unionising. Huk Pov, Free Trade Union president ss='cambodia-color'>...

The Ministry of Commerce and bank officials announced yesterday that they will hold a meeting next month aimed at better facilitating rice millers’ access to credit. The move is part of the Asian Development Bank’s Climate Resilient Rice Commercialization sector Development program to address food security ss='cambodia-color'>...

About 3,000 garment workers from two factories that supply clothes to international brands Levi strauss, H&M and Gap continued protesting for higher wages yesterday in Phnom Penh’s Meanchey district, before marching to the Ministry of social Affairs. Upon arriving at the ministry, workers employed by the ss='cambodia-color'>...

Security forceS and employeeS of a VietnameSe-owned rubber plantation in Mondolkiri province continued to drive familieS out of their homeS yeSterday ahead of today&rSquo;S government-impoSed eviction deadline. OfficialS and villagerS Say moSt of the roughly 200 familieS have already left. With more than 300 Security perSonnel poSted SS='cambodia-color'>...

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'>...