News

Growth in the property sector has been slow in Kandal province’s Ta Khmau City, 11 kilometres south of Phnom Penh, but that, industry sources say, is likely to change due to improvements to National Road 1 and the fact that the Ta Khmau Bridge is ...

The latest CBRE Cambodia Market View on the industrial market is upbeat about investment in the Kingdom, despite frequently touted political risks. “Cambodia remains an attractive destination for industrial work and operations, with low inflation rates of 2.9 per cent and comparatively low minimum wages,” says ...

The Phnom Penh Municipal Court summoned two former Phnom Penh Sorya Transportation bus drivers for questioning Tuesday after the court received a complaint from the bus company accusing the drivers of intimidation and defamation. The drivers, Yim Kuyba and Phon Visal, were asked to appear in ...

Authorities in Ratanakkiri province raided the house of a Vietnamese national Tuesday and seized about five cubic meters of illegal luxury timber, but failed to arrest any suspects. “We are now looking for two Vietnamese nationals who jumped over the gate of their house and escaped ...

Bilateral trade volume between Cambodia and the United States had amounted to 845 million U.S. dollars in the first three months of 2014. The number saw a 11-percent rise from 758 million U.S. dollars over the same period last year, figures release by the U.S. Department ...

Council elections quietly continued in Cambodia on Monday, with five parties hoping to place leaders within sub-national positions. This is the fourth day of campaigning, for an election that is undertaken by about 11,500 members of commune councils, and not by the general public, to place ...

Parkson Holdings Bhd will start building malls and leasing out space to get better margins to deal with pressure on its turnover. The departmental store company will build malls in Malacca and Cambodia, both scheduled to open in 2017. The company is also building a mall ...

The National Election Committee (NEC) yesterday removed a ban by Phnom Penh authority which didn’t allow political parties to parade and campaign at public places during council election campaign. In a letter yesterday, the NEC called on the city and provincial authorities to maintain security ...

Better laws and enforcement that require motorbike riders and children to wear helmets could save more than 500 lives and $100 million over the next six years, a new study says. The study, undertaken by the Asian Injury Prevention Foundation, says a new law now ...

A World Bank-supported rubber company accused of land grabs has suspended some of its projects, as an investigation by the bank continues. The Hoang Anh Gia Lai company, which received support from the bank’s International Finance Corporation, said in a decision following an April 2 ...

The National Bank of Cambodia on Tuesday officially issued a new 50,000-riel banknote (in equivalent to 12.5 U.S. dollars) in order to mark King Norodom Sihamoni’s 61st birthday, which falls on May 14. A sub-decree on the issuance of the new banknote was endorsed by ...

Representatives of a community locked in a land dispute with a Vietnamese company in Kratie province returned home from Phnom Penh late Tuesday after failing to garner support from Prime Minister Hun Sen, while an official at the company said it had begun destroying villagers’ ...

At least three workers were arrested Tuesday morning outside the Wing Star Shoes factory in Kompong Speu province, where the Free Trade Union (FTU) has been leading a strike calling for benefits and back pay, according to police and a union representative. An FTU representative said ...

A group of 13 Vietnamese nationals were apprehended by Cambodian fishermen on Sunday night while illegally fishing off the coast of Kampot province and are being held for repatriation, according to a village representative and the provincial governor. Neak Sen, a representative of a fishing community ...

The next stage of Grand Twins International’s (GTI) listing on the Cambodia Stock Exchange – public subscriptions – has had a positive response, according to the head of one of the country’s brokerage firms. Svay Hay, CEO of Acleda Securities, a registered broker for GTI, said ...

With its campaign for subnational council elections well under way, the opposition Cambodia National Rescue Party is putting forth an optimistic message about its prospects in the vote, even going so far as to predict that ruling party voters will bolster its share of the ...

Despite Vietnamese state-owned companies withdrawing funding from projects outside of their core business, the $20 million expansion of the Vietnamese-backed Cho Ray Phnom Penh Hospital remains on track, the hospital’s head said yesterday. In July 2012 the Vietnamese government requested that state-owned enterprises withdraw investment in ...

After days of defiance from the opposition against a ban on public assembly, the government issued orders yesterday for opposition rallies across the country to be allowed to go ahead, officials said. Tep Nytha, secretary-general of the National Election Committee (NEC), said the body and the ...

Passports issued to Cambodians will soon be valid for 10 years instead of three, officials at the Ministry of Interior said yesterday. General Mao Chandara, head of the ministry’s General Directorate of Identification, said that by July, the department will begin to issue long-awaited 10-year passports. ...

Prince Norodom Ranariddh has officially registered his new political faction, the Community of Royalist People’s Party, as a contender in the next national elections in 2018. The party’s new chief of cabinet, Nop Sothearith, yesterday told the Post he submitted the application to run to the Ministry of ...

After grappling with weeks of on-again, off-again strikes, the Phnom Penh Sorya Transportation bus firm has filed complaints against 20 former employees for incitement, making threats and using the company uniform without permission. General manager Chan Sophanna said yesterday that the company filed the complaints to ...

Asia Atlantic Airlines (AAA) made its first flight from Japan’s Narita International Airport to Siem Reap on May 3 with more than 260 tourists on board – and there are more to come. AAA ran the test flight last week before committing to two flights per ...

The Ministry of Education, Youth and Sport is plunging public schools into the digital age with a new interactive technology plan fit with bells, whistles and 3G applications, light-years ahead of its mostly dirt-floor school houses. The five-year, $1.3 million project, developed and funded by Cellcard, ...

Defendants in a mass trial of 25 men and teenagers accused of joining a string of violent garment worker protests continued to profess their innocence during the second day of hearings at the Phnom Penh Municipal Court on Tuesday. Twenty-three of the men were arrested in ...