News

South Korean financial giant Woori Bank, widely seen as the preferred bidder for a 50 per cent stake in Cambodian microlender Prasac, is out of the running as it was not presented to the central bank as an official bidder, local banking officials have said. ...

A working group from the Ministry of Land Management yesterday went to investigate a land dispute between 147 families and the Koh Kong Sugar Industry and Koh Kong Plantation on 782 hectares in Koh Kong province. The move to resolve the land dispute was made folowing ...

Kampuchea Tela Co Ltd, one of the Kingdom’s largest fuel importers and distributors, has announced that it will double its petrol storage facilities, increasing their capacity to 200 million litres, a local media outlet reported yesterday. ...

Provincial officials in Rattanakiri rejected a request by the Vietnamese government to allow them to construct buildings and a border checkpoint in O’Yadav district after a meeting between both sides in Banlung City on Tuesday. ...

Widespread corruption, poor health care and a lack of adequate infrastructure continue to make Phnom Penh one of the least livable major cities in the world, according to the annual Global Livability Ranking, released on Thursday by the Economist Intelligence Unit. ...

Twin brothers who were granted temporary asylum in Thailand by the U.N. last month said on Thursday that they planned to return to Cambodia, citing a cooler political climate and a desire to continue their environmental activism. ...

Cambodian police, prosecutors and policymakers were hosted in Washington recently by the US government, as part of America’s efforts to support the drafting of the Kingdom’s controversial cybercrime law. ...

Cambodia’s credit bureau is looking to leverage the resources and experience of US-based Equifax, one of the three biggest American credit report agencies, to expand its credit analysis capabilities and introduce new products to the local market, its chief executive officer said yesterday. ...

The NagaCity Walk, a $94 million subterranean shopping centre in Phnom Penh aimed at high-rolling tourists visiting the adjacent NagaWorld casino and hotel complex, held its soft opening yesterday, with duty-free luxury goods ranging from affordable tobacco, perfumes and designer watches to a $3,400 bottle ...

The Ministry of Mines and Energy is in talks with the Chinese government to build a research and training school, in order to boost the staffing capabilities of the country’s growing mining industry, according to a senior ministry official. Following recent news that gold deposits ...

Cham Muslims are not fully integrated into Cambodian society and many Cambodian people continue to think Chams are practitioners of “black magic,” according to a report on religious freedom released last week by the US State Department. ...

Cambodia plans to attract up to 300,000 Japanese tourists to the Kingdom by 2020, as direct flights connect Phnom Penh with Tokyo early next month, Minister of Tourism Thong Khon announced yesterday. ...

Two of Cambodia’s four publicly listed companies released their financial reports for the second quarter of 2016 yesterday, with both showing moderately healthy profits. ...

A letter sent to authorities in Siem Reap province on Monday by nine park rangers accusing two senior environment officials of involvement in illegally cutting down six trees for profit was dismissed as a lie by one of the accused yesterday, who instead insisted it ...

On Tuesday, the US government awarded Transcultural Psychosocial Organization Cambodia – the nation’s leading provider in the field of mental healthcare and psychosocial support – with an $894,057 grant that will facilitate mental health therapies and healing methods for the country’s many genocide survivors afflicted ...

Cambodian and Russian officials yesterday met to discuss how the two countries can bolster the Kingdom’s capacity to develop nuclear technology. ...

The Cambodia Rice Federation (CRF) and the Ministry of Agriculture, Forestry and Fisheries (MAFF) yesterday agreed to create provincial level committees to provide emergency relief to the Kingdom’s beleaguered rice sector, currently in crisis due to falling exports. ...

Prime Minister Hun Sen has implored those living along the border with Vietnam to stop renting land to Vietnamese nationals and ordered his government to speed up a demarcation process that has been slow to accurately define the country’s borders.  ...

The US Army Corp of Engineers is providing Cambodia with new tools to understand its growing groundwater shortage. Last week, the Ministry of Environment, US Army Corp of Engineers and National Council for Sustainable Development hosted a three-day technical exchange on groundwater modelling. ...

Officials at the Ministry of Commerce and Council of Ministers announced yesterday that a draft consumer protection law, which is intended to ensure that food and consumer products made domestically or imported into Cambodia are safe, was almost complete. A quarter of the almost 60 ...

The National Commercial Arbitration Centre (NCAC) received its latest case last week, marking just the third time that a commercial dispute has been brought to the independent dispute resolution body, its president said yesterday. ...

An inspection at the Sino Great Wall International Engineering’s building site in Phnom Penh yesterday found nearly 200 Chinese workers without work permits, according to an immigration official, though a spokesman for the project’s developer said the employees’ paperwork was in the pipeline. ...

Cambodia’s justice system often fails to support children who are victims of and witnesses to crime, many of whom are so terrified to appear in court that they’re unable to give testimony, children’s rights experts said yesterday. ...

Wheat products have never had a big market in Cambodia, where meals revolve around rice, but Western influences are increasingly shaping local tastes and creating an appetite for flour products. ...