News

Authorities said Thursday they were closely watching the development of the world’s big­gest storm to materialize so far this year as it hits the Philippines today before moving west toward Vietnam and Cambodia in the following days. “Our first step is to keep a close eye ...

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 ...

Cambodia’s parliament will question the director of a local election watchdog to determine whether the organization should “face consequences” for its claims of irregularities in recent national polls, a spokesman for the legislative body said Thursday. Committee for Free and Fair Elections in Cambodia (Comfrel) chief ...

The National Assembly of Viet Nam presented 1,000 tonnes of rice to Cambodian flood victims at a ceremony held in Phnom Penh yesterday. The latest floods took the lives of 80 people and resulted in economic losses of around US$1 billion. ...

Ningbo Thermal Power (shse:600982) will invest less than USD 16.67 million in building a thermal power arm to develop a heat and power cogeneration project in Sihanoukville Special Economic Zone (SSEZ), Cambodia. The joint venture will be responsible for building the heat and power cogeneration ...

Garment industry, Cambodia’s largest income maker, reported a 24 percent rise in exports in the first ten months of 2013, according to figures of the country’s Ministry of Commerce Thursday. The figures showed that the country exported garment products in equivalent to 4.76 billion U.S. dollars ...

Environmentalists and NGOs are threatening to sue developers of a controversial hydropower dam, claiming the project would cause irreversible damage to the Mekong River. The Don Sahong dam, a 260-megawatt project proposed on a site less than two kilometres north of the Cambodian-Lao border, is expected ...

Muhibbah Engineering (M) Bhd and its joint venture partner has secured two contracts valued at US$87mil (RM276mil) to build and expand two airports in Cambodia. Muhibbah has a 30% stake in SCA [Societe Concessionnaire de L’Aeroport]. The duration for the Phnom Penh Airport and Siem ...

It’s taken years of waiting – and protesting – but families in the capital’s Boeung Kak community yesterday saw City Hall officials measure land in their villages. Representatives of the city were deployed yesterday to villages 24, 22 and 6 to demarcate land as a step ...

Three more unionists have been suspended as a result of the violent strikes at a Kampong Speu garment factory in May and June, a Free Trade Union official said yesterday. Sabrina (Cambodia) Garment Manufacturing factory’s FTU president Sun Vanny, vice-president Sem Sopheak and general secretary Chi ...

CPP lawmaker Chheang Vun on Wednesday lauded the economic and social benefits of the widespread clearing of Cambodia’s forests for development projects. Speaking to reporters at the National Assembly after a meeting with the Vietnamese Ambassador Ngo Anh Dzung, Mr. Vun, who is also the spokesman ...

CPP lawmaker Chheang Vun said Wednesday that the National Assembly will take legal action against the Committee for Free and Fair Elections in Cambodia (Comfrel) for causing “chaos” in society by reporting the day before the national election that the indelible voter ink could be ...

Opposition leaders have given the ruling party an ultimatum: Agree to our demands by the end of the year or the talks are over. Kem Sokha, Cambodia National Rescue Party deputy president, said yesterday that after discussing the matter with party president Sam Rainsy, they had ...

The opposition party has called on microfinance institutions to renegotiate payment terms with flood-affected loan holders. This year’s floods have affected 20 provinces and more than 1.7 million people, with 31,314 households evacuated, according to the Humanitarian Response Forum. The Cambodia National Rescue Party has asked that ...

Forestry Administration officers sent two suspected wildlife smugglers to court in Stung Treng province yesterday after they were arrested while allegedly smuggling disembodied heads and hooves of the increasingly rare Chinese serow – a type of wild goat – into Cambodia from Laos, officials said. Provincial ...

The National Assembly’s CPP-run finance committee approved the country’s $3.54 billion draft budget for 2014 Wednesday, its last hurdle before debate and a possible vote can be held by the full Assembly, where the opposition is still refusing to take nearly half the seats. “After the ...

The house always wins, except when there’s a disputed election scaring gamblers away from the tables. That’s the message from Entertainment Gaming Asia Inc, which operates casinos in Poipet town and Pailin province as well as supplying NagaWorld casino with slot machines. According to the company, Cambodia’s ...

Provincial military police confiscated three tractors transporting three metres of luxury wood and two circular saws travelling out of Kampong Speu’s protected Phnom Oral Wildlife Sanctuary yesterday. Chea Hean, director of Natural Resource and Wildlife Preservation Organisation (NRWPO), arrived to investigate illegal logging in the sanctuary ...

Amid the ruling CPP’s continuing stranglehold on the country’s nine terrestrial television stations, the opposition CNRP on Monday launched an online television station that it describes as a “test,” CNRP director of public affairs Mu Sochua said Wednesday. The station, called CNRP TV, follows requests from ...

Chief Cambodia Specialized Bank, a subsidiary of a Hong Kong-based brokerage firm, will begin operations in Cambodia next month, its management said on Monday. Sokun Chakriya, head of marketing and sales at Chief Cambodia, said the bank aims to increase access to finance in Cambodia’s agricultural ...

After two and a half years, Chevron’s Cambodia country manager, Steve Glick, will move on from his position in what the oil and gas giant called a routine rotation, according to a statement released yesterday. Glick, who came to the job in 2011, will be “taking ...

The European Union (EU) signs Wednesday to provide Cambodia with equipment to detect illicit trafficking and criminal use of nuclear and radiological materials. The agreement was inked between EU Ambassador to Cambodia Jean Francois Cautain and Om Yentieng, vice-chairman of the Secretariat of National Counter-Terrorism Committee. Under the deal, ...

After repeatedly equivocating about whether it has lifted a 2011 freeze on new lending to Cambodia in response to the government’s forced evictions of families in Phnom Penh, the World Bank has said that the suspension is still firmly in place. “The World Bank has not ...

When the ruling Cambodian People’s Party promised civil servants a pay rise earlier this year, some suggested it was also trying to give them a reason to vote for it in July’s national election. The 20 per cent increase came amid the opposition Cambodia National Rescue ...