News

The state-run Cambodia Post generated about $9 million in income in 2016, according to the Ministry of Posts and Telecommunication, thanks to increasing foreign tourists and foreign investment.   ...

Nearly 40 people representing 59 families from a village in Battambang province have submitted a petition asking Prime Minister Hun Sen to help solve their land dispute with soldiers.   ...

Phnom Penh Special Economics Zone (PPSEZ) showed its decline of revenue to 42 percents in 2016 which causes 65 percent of net profit’s downfall comparing to the year of 2015,  it said in a filing to the Cambodia Securities Exchange yesterday. ...

Phnom Penh Autonomous Port attributed its growth in profits last year to a rise in container traffic and shipments through the capital’s river port, as well as increased profits from leasing equipment and returns on interest, it said in a filing to the Cambodia Securities ...

Cambodia could expand its foreign trade by up to 16 percent, adding approximately $2 billion worth of exports, by complying with a new international trade protocol that aims to slice through the red tape that slows and complicates cross-border trade. ...

Thailand’s listed Eastern Water Resources Development and Management Plc’s subsidiary Universal Utilities Plc. a tap water provider, plans to spend some 200 million baht ($6 million) a year to buy water from the still to be built Stung Nam hydroelectric dam in Koh Kong province ...

The US government has pulled any future funding from the United Nations Population Fund (UNFPA), a group focused on reproductive rights for women and girls, over claims it has practiced coercive abortions and involuntary sterilizations in China.   ...

In a statement on Sunday, the Documentation Center of Cambodia (DC-Cam) said the $6 million in additional funding from the U.S. Agency for International Development (USAID) would be paid into an endowment fund that would accrue interest over the next 20 years, eventually bringing in ...

Amid a widening gulf in U.S.-Cambodia relations, the U.S. Embassy said on Monday that a Navy unit specializing in humanitarian work had been forced to leave the country, imperiling hundreds of thousands of dollars worth of community projects, including the construction of maternity wards and ...

Cambodian farmers are mixing pesticides to increase their potency in ways that are known to be hazardous, but increased knowledge of the hazards presented by pesticides does not appear to curb their use, a new study shows. ...

The Cambodian Mine Action Centre (CMAC) will send demining experts and dogs to Israel today, as part of an apparent bid to improve relations between the two countries. ...

The United States has agreed to provide an additional $5.8 million to the Documentation Center for Cambodia to preserve Khmer Rouge-era historical records over the next 20 years.   ...

Prime Minister Hun Sen has asked Defense Minister General Tea Banh to study whether Phnom Penh’s biggest boulevard could be used for emergency plane landings.   ...

Nagacorp Ltd, the Hong Kong-listed operator of Cambodia’s NagaWorld casino and hotel complex, posted $3.73 billion in VIP rolling chip volume during the first quarter of 2017, a 34 percent year-on-year increase, while mass market buy-ins and electronic gaming machine (EGM) growth remained steady, the ...

Sathapana Bank Plc has received a hefty $50 million bilateral loan from the Bangkok branch of Mizuho Bank, a subsidiary of one of Japan’s largest financial institutions, in a move that banking insiders say will help the newly consolidated bank expand its lending portfolio as ...

In the latest flare up in tensions between the two countries, Lao authorities temporarily shut a border crossing with Cambodia and dispatched more troops to an undemarcated area on the northern border after Cambodian authorities began renovating an old French border outpost. ...

The National Assembly will conduct a session on Friday to announce the new parliamentary representative for Takeo province, replacing Deputy Prime Minister Sok An who died last month.   ...

The Ministry of Water Resources and Meteorology has predicted that the unseasonable storms will continue until this Sunday. ...

A Japanese beauty company is to invest in Cambodian silk production to supply the local market and export to Asia and the United States. Il Brille, which runs two beauty salons and a shop in Phnom Penh, uses silk in cosmetic treatments and products for customers. ...

Some 200 hectares of forest in Ratanakkiri’s Lumphat Wildlife Sanctuary have been cleared and sold for up to $400 per hectare – allegedly with an official’s blessing – while an additional 700 hectares around the protected area face clearing. ...

Taiwanese-owner garment manufacturer Grand Twins International (GTI), which posted a 44 percent surge in revenue and a massive 390 percent in net profit last year, attributed the surge to an increase in orders and the decrease of raw material costs, administration costs and total commissions, ...

Rubber prices are predicted to increase gradually as suppliers in the main producing countries restrict their stock for export to let the price recover after a long decline.   ...

The Swiss government has vowed to help secure long-term financial sustainability for the Kantha Bopha children’s hospitals. Last week Beat Richner, the founder and head of the Kantha Bopha Children’s Hospital and a Health Ministry adviser, resigned from his position as managing director due to health ...

Though the export of cassava from Cambodia to foreign markets increased by more than 50 percent in 2016, compared with previous years, export earnings were still low due to below-market-prices offered by buyers in Thailand and Vietnam.   ...