News

Stock exchange officials were conducting a five-day workshop on the IT system that will allow trading,  Securities and Exchange Commission of Cambodia director-general Ming Bankosal said yesterday. The workshop, held in conjunction with the Cambodia Securities Exchange, would also seek feedback on the system’s functionality ...

Another garment factory within the International Labour Organisation’s Better Factories program was hit by a mass fainting incident yesterday.  More than 50 employees of Heart Enterprise (Cambodia) Co Ltd began collapsing soon after starting their shift at the facility, in Phnom Penh’s Dangkor district. An ...

The Cambodian economy faces major problems for its predominantly rural population in the event of more erratic climate shifts, according to the United Nations Development Programme’s 2011 Cambodian Human Development Report. “This is an agrarian economy that depends very much on weather. And we are among the ...

DUBAI — The Founding Committee of Rice Dubai 2011 is led by a businessman in Dubai, Dr Faisal Ali Mousa who will lead a core delegation to Cambodia in the first week of September to explore the possibilities of the Royal Government of Cambodia entering ...

Democrat MP for Surat Thani Suthep Thaugsuban denies he held secret talks with Cambodian officials about oil and gas interests in the overlapping marine area during the tenure of the Democrat-led government. Mr Suthep, a former deputy prime minister, conceded yesterday he met Cambodian Deputy Prime ...

Phnom Penh–Kong Song’s farmland was his family’s livelihood for three decades until the bulldozers moved in and tore down his home in rural Cambodia to make way for a multimillion dollar foreign-led business. His family was one of 253 forcibly evicted five years ago in southern ...

Several property developers ave approached the Ministry of Finance to ask for licenses after the ministry warned buyers last month not to purchase housing fro developers who are not licensed to sell their properties. The ministry’s warning, issued Aug 11, identified three local developers that ...

The number of visitors arriving by cruise ship in Sihanoukville dropped steeply in the first six months of the year compared to the same period last year, a Tourism Ministry official said yesterday. A lack of attractions in Sihanoukville and high visa fees were keeping ...

At least 50 garment factory workers fainted over the past two days in Phnom Penh’s Dangkao district, bringing the number of workers who have fainted in the district in August to 60, workers and union members said yesterday. N Tuesday, workers from Heart Enterprise Cambodia ...

Following a decision in March to give land back to residents of 13 communes in Pursat province from a vast economic land concession belong to the conglomerate Pheapimex, boundaries have yet to be drawn, and ownership of the land still remains unclear, residents and a ...

Officials working in Boeng Per Wildlife Sanctuary and in nearby communities said yesterday that they were receiving new motorbikes and digital cameras from businessman Try Pheap, who in recent months received large-scale rubber concessions in the Preah Vihear province sanctuary. Earlier this week, it was ...

Kompong Chhnang Provincial Court has extended a deadline for 52 villagers embroiled in a long-standing land dispute with a development company owned by the wife of Minister of Industry, Mines and Energy Suy Sem to pay court fees, a court official and rights workers said ...

Tensions with Thailand led to a 10-percent decline in imports from ASEAN members during the first six months of 2011, though Cambodia’s exports to the bloc nearly doubled, according to officials. Cambodia imported US$810.9 million during the six-month period compared to $904.9 million during the period ...

Two airlines plan to begin regular flights between the tourist towns of Siem Reap and Sihanoukville this year, officials said yesterday. Cambodia Angkor Air aims to begin its regular flights by December, though may delay into 2012 if necessary, said Office of the Council of ...

Finance minister Keat Chhon yesterday identified reforming the management of natural resources as a priority in the government’s efforts to reduce poverty.  Keat Chhon also called on wealthier nations to help fund climate change-related projects in developing nations like Cambodia. Minister of Environment Mok Mareth said ...

Government officials and armed police burnt down 25 homes in Oddar Meanchey province’s Anlong Veng district yesterday claiming they were in the protected Kulen Prumtep Wildlife Sanctuary, villagers and a rights group investigator said yesterday.  The houses, which are part of larger community of about ...

Almost  650,000 hectares of ecologically-rich flooded forest surrounding the Tonle Sap lake has been protected by a sub-decree signed by Prime Minister Hun Sen on Monday. The 647,406 hectare area spans sections of Kampong Chhnang, Pursat, Battambang, Banteay Meanchey, Siem Reap and Kampong Thom provinces. ...

Secret meetings between high-ranking Thai and Cambodian officials to solve the demarcation of disputed offshore petroleum resources took place during the administration of Thai Prime Minister Abhisit Vejjajiva, the Cambodian National Petroleum Authority revealed yesterday.  In a statement some commentators described as “coordinated attack” by ...

Bangkok–Secretary General to the Foreign Minister Mr. Nawin Boonsert said the negotiation over the overlapping sea area between Thailand and Cambodia would be clarified once the Cabinet was clear on its agenda. Following Cambodia’s Petroleum Organization expressing intention to clarify the demarcation points in the sea ...

Cambodia’s petroleum authority yesterday announced that it would like to renew discussion with Thailand in order to find a solution over disputed waters in the Gulf of Thailand widely believed to hold large quantities of oil and gas. Negotiations over how to split revenue from ...

Mountain View, Calif — PureWave Networks, Inc. announced today that it has been selected by EMAXX Telecom (Cambodia) Limited as the operator’s 4G infrastructure vendor. EMAXX Telecom expects to expand its mobile WiMAX network, already commercially operating in the cities of Phnom Penh and Sean ...

Prime Minister Hun Sen on Monday signed off on a sub-decree that officially created a 640,000-hectare protected zone covering the flooded forest and floodplains of Tonle Sap lake. The sub-decree determined that 647,406 hectares of flooded forest around Tonle Sap lake in Kompong Chhnang, Pursat, ...

Poor sanitation costs Cambodia $450 million a year due to health costs resulting from water-borne diseases such as diarrhea, according to a new report by the UN Environment Program. The report follows data released last week by the World Bank that found that 75 percent ...

Businessman Try Pheap, who in recent months received large-scale economic land concessions in Boeng Per Wildlife Sanctuary in Preah Vihear province, has donated $130,000 to the sanctuary’s environmental management and the local CPP office,  officials said yesterday. Recipients of the funds denied that there was ...