News

More Cambodians took out home loans last year than the year before, prompting banks like ANZ Royal to provide specialized services for the growing sector.   ...

A group of 70 people from six communities in Phnom Penh have petitioned City Hall to clarify how the construction of rail side roads will affect them, amid fears they could lose their homes. ...

Government officials are working to settle compensation claims for 50 families living alongside a kilometer of rail track in Poipet town, to allow a rail link between Cambodia and Thailand to open by the middle of the year. ...

Deputy Prime Minister Sok An, one of the most senior officials in the ruling Cambodian People’s Party and who recently received a royal title from King Norodom Sihamoni, died last night. ...

Cambodia’s first submarine telecoms cable, costing $100 million, that will strengthen existing internet capacity and greatly increase connectivity speed at lower cost, was officially launched yesterday. ...

A legal framework that ensures a “sound, strong and efficient” financial sector has ensured the swift expansion of banking services throughout the country, but borrowing rates remain high and a large segment of the population – primarily those in rural areas – face difficulties accessing ...

Palm oil production is expected to drop over the next few months but instability in the international market is likely to drive down local prices by the start of next year, a Cambodian palm oil producer has warned. The price of crude palm oil in ...

The Thai Labor Ministry has increased the minimum wage for Cambodian migrant workers since the start of the year, however civil society officials say there are both pros and cons to the salary increase.A notice published yesterday and signed by Labor Minister Ith Samheng, who ...

The ruling CPP doubled down on Tuesday on its decision to cap interest rates on microfinance loans as a way to help the poor get out of debt, even as analysts called it a political move that would have long-term negative effects on the rural ...

Conservationists remain wary of the government’s recent pledge to sideline construction of the controversial Chhay Areng hydropower dam after finding the project on the Mines and Energy Ministry’s new to-do list.After a February 17 Council of Ministers meeting, the government announced that plans to build ...

Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...

Nearly 60 homes in Battambang and Pailin provinces were damaged by storms on Monday caused by unseasonal rain, however no injuries or deaths were reported. A disaster management committee report said that in 2016, there were 279 storms that completely destroyed 1,997 houses and tore ...

Interior Minister Sar Kheng yesterday, after becoming the latest ruling party official to weigh in on the CNRP’s embattled campaign slogan, went on to question the validity of the recent extraordinary congress that elevated Kem Sokha to party president.At the inauguration of a new road ...

Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...

Prey Lang Community Network conservation activists in Kratie province have accused local officials of colluding with illegal timber transporters after authorities allegedly declined to intervene after being tipped off on Sunday to stockpiles of logs thought to have been felled within a wildlife sanctuary.Ek Sovanna, ...

The government collected $48 million from the casino industry last year, a rise of about 40 per cent compared with 2015. Ros Phearun, a deputy director-general of the Finance Ministry’s financial industry department, said that along with an effort by the government to improve tax revenue, ...

The Cambodian government has made negligible progress in bringing small- and medium-size enterprise (SMEs) into the regulatory fold, reporting a less than 0.5 percent increase in the total number of companies registered in the last five years – a sign business professionals claim shows that ...

The Japan International Cooperation Agency has agreed to oversee a project to help recover water quality in the Tonle Sap lake in response to the appearance of a large bloom of algae. ...

The National Bank of Cambodia announced on Monday that it would set an annual interest rate ceiling of 18 percent for all microfinance institutions (MFIs), sparking concerns that lenders would stop offering smaller loans that often keep the most financially vulnerable afloat. ...

The head of Cambodia’s largest demining operator cited Monday’s disposal of a pair of decades-old American bombs as part of the government’s mounting efforts to shame the U.S. into canceling the country’s ballooning war-era debt, which now stands at about $500 million. ...

Two images on the back of the 500 riel banknote depict bridges, with the one on the left showing the Kingdom’s longest and most modern bridge, the Tsubasa (“Bird’s Wing”) Bridge linking Kandal and Prey Veng provinces. ...

Four senior officials for rights group Adhoc will remain behind bars after the Supreme Court on Monday upheld the Court of Appeal’s ruling that they should be held in detention while awaiting trial, but gave no reason for the decision. ...

About 40 families asked the government last week to review road expansion plans at Phnom Penh’s Prek Pnov Bridge, saying the proposed dimensions would force them to lose property and even parts of their homes. ...

Plans to pay garment workers twice a month will be difficult for employers to implement, industry representatives have warned. The Labor Ministry is amending laws so companies will be required to pay staff twice a month, in a bid to protect workers from being abandoned by ...