The Phnom Penh Post

The resort and housing complex, which has only recently started construction, is located in Dangkao district’s Kong Noy commune, making it an 18-kilometre journey from Wat Phnom in Phnom Penh. ...

Acleda Bank has provided $40 million to customers in the form of housing loans since the start of 2017, marking a growing trend of home loans being taken out across the country. ...

Investment in Cambodia’s real estate and construction industry now stands at $4 billion, according to data from the Ministry of Land Management, Urban Planning, and Construction (MLMUPC). ...

The minister of foreign affairs maintained yesterday that Cambodia is not allied with China, stating that the Kingdom is “neutral”, despite an apparent diplomatic shift towards the nascent superpower and away from the West. Minister Prak Sokhonn told a crowd of over 200 students at the ...

Rainstorms and lightning strikes killed a combined 43 people and injured 79, while damaging 2,735 homes in the first five months of the year, according to a report by the National Committee for Disaster Management. ...

The Ministry of Land Management yesterday convinced another 13 White Building families to accept compensation packages and vacate the site ahead of a major redevelopment project, leaving just 28 holdouts who continue to reject the terms. ...

South Korean food chain Lotteria, operated locally by Yinkok Food Corp, has expanded in Phnom Penh with its fifth branch opening in Dem Tkov market, according to a local media report yesterday. ...

Nearly 7,500 Cambodians who have fallen victim to ponzi schemes have come forward to file class-action lawsuits against three companies that allegedly cheated them out of nearly $60 million, officials said yesterday, estimating that the companies may have defrauded as many 50,000 victims to the ...

While Cambodia’s garment sector exhibited solid growth last year, employment levels declined, raising concerns about a potential rise in unregulated subcontracting, the International Labour Organization (ILO) said in a report released yesterday. ...

Listed industrial park operator Phnom Penh SEZ reported revenue of $1.46 million for the first quarter of 2017, a decline of $1.72 million, or nearly 54 percent, compared with the same period last year, according to a filing yesterday on the Cambodia Securities Exchange. ...

Bank South Pacific (BSP), Papua New Guinea’s largest bank, signed a joint venture deal with RMA Cambodia to enter the Cambodian asset finance market, according to a media report yesterday. ...

Local bars and restaurants have balked at a government directive that bans the sale or consumption of alcohol this weekend in a move ostensibly aimed at preventing civil disorder and unrest during commune elections. ...

Five days of rain wreaked havoc in Cambodia’s northwest, with hundreds of hectares of crops affected in Pailin province and heavy flooding in Banteay Meanchey’s Poipet town. ...

Makro Cambodia, the local arm of international cash-and-carry wholesaler Makro, held a groundbreaking ceremony yesterday for construction of its first outlet in the Kingdom, which is expected to launch operations in December. ...

Having carved its niche in offering residential and commercial elements within its industrial park, Le Urban Eco Park (LUEP) entered into a joint venture with two Singaporean companies last month to further develop its commercial aspect. ...

The Garment Manufacturer Association of Cambodia (GMAC) will launch its new vocational training centre next month, providing courses aimed at upgrading the skills of Cambodian workers in a bid to replace the middle-management positions currently occupied predominantly by foreigners. ...

Cash may be king in Cambodia, but Pi Pay Asia is banking on rising smartphone penetration and an arsenal of digital payment solutions to help dethrone it.The company’s soon-to-be-released mobile-phone application provides a one-stop platform for cashless transactions, digital money transfers and e-wallet solutions, while ...

Cambodian telecom Smart Axiata retained healthy growth in the first quarter, with revenue rising 17 percent year-on-year to 318,000,000 ringgit ($74.5 million), fuelled by data monetisation and effective cost management despite aggressive price competition by other telecommunication players, according to financials released by Malaysian parent ...

The Ministry of Commerce launched an online trademark registration gateway yesterday, allowing local and foreign individuals and firms to register their trademarks in Cambodia to protect them against infringement. ...

Cambodia’s garment manufacturing industry has eclipsed rival Vietnam as a supplier of products to the European Union and is on course to overtake India, a visiting industry insider said yesterday. ...

Germany-based apparel industry trade fair organiser Messe Frankfurt France signed a memorandum of understanding with the Garment Manufacturers Association in Cambodia yesterday to offer discounted exhibitor fees to Cambodian manufacturers in a deal valued at €400,000 ($450,000). ...

A bridge being constructed over the Mekong River will connect the provinces of Kampong Cham and Tboung Khmum once completed.Nou Vannak, director of the Ministry of Public Works and Transport’s technical department, told Post Property that construction works had recently started, however no official announcement ...

Following the steady rise of tourism in Sihanoukville, property development in the coastal town is heavily targeting the nonstop influx of Chinese flocking to the area.Although Sihanoukville has, in recent times, been synonymous with a growing number of Chinese tourists, currently it is going through ...

Having carved its niche in offering residential and commercial elements within its industrial park, Le Urban Eco Park (LUEP) entered into a joint venture with two Singaporean companies last month to further develop its commercial aspect. ...