News

Cambodia’s economic growth remained strong last year though the Kingdom must now address major systemic challenges to build on its ascension into lower-middle income status in order to maintain healthy levels of development, the Asian Development Bank (ADB) said in its annual report yesterday. ...

South Korea is pushing forward with discussions to hammer out a double taxation agreement (DTA) with the Kingdom that would provide an additional incentive for Korean businesses to set up shop and increase fiscal transparency while shielding individuals and corporations from being taxed twice. ...

If you’re planning to get away next week for Khmer New Year, it might be wise to keep an umbrella on hand. According to the government’s weather authority, the country can expect the lowest holiday temperatures for the past decade amid unseasonal lashings of rain. ...

Dozens of Laotian soldiers started building a post on a disputed tract of land along the border on Thursday, breaking a deal made just a day earlier between Laos and Cambodia to withdraw forces until after the Khmer New Year. ...

William A. Heidt, U.S. Ambassador to Cambodia, says he is “very aware” of the historical role the United States played in the conflict in Cambodia, which is why he is seeking to prioritize the clearance of unexploded ordinance left behind by years of bombing. ...

The capital’s listed water utility inaugurated a new treatment facility yesterday that will increase its production capacity of clean water by 30 percent, and add to its revenue stream – a move likely to impress its shareholders. ...

Two election monitoring groups have conducted an audit of National Election Committe-issued NEC voter lists in 252 communes and found them to be 98 percent accurate, potentially quelling, at least in part, past anxieties over the quality and veracity of these lists.​ ...

A stockpile of illegal timber was reportedly found on the land of a district military police chief in Kampong Speu province, while his son-in-law and alleged timber trader Sy Sar remains at large. ...

After a two-hour meeting, Cambodian and Lao provincial military and border officials yesterday reached an agreement to draw back forces from two undemarcated zones where the building of outposts had recently sparked military stand-offs, according to a general in the area. ...

Cambodia has been quickly turning on the lights for more households, but access to electricity remains significantly lower in rural areas than in cities, according to a new report from the World Bank. ...

With just two months to go until Cambodia’s commune elections, more than half of respondents to a new survey could not identify Election Day. The finding was detailed in a report released on Wednesday by the Committee for Free and Fair Elections in Cambodia (Comfrel) ...

Experts in the rice sector have expressed their fears over the ban in exporting milled rice containing the chemical Tricyclazole to the European Union (EU), while the government is trying to educate and spread word of the ban to farmers.   ...

At the official inauguration of the Hun Sen Boulevard on Monday, the prime minister proudly and publicly acknowledged the go-ahead for the Thai Boon Roong Twin Trade Center – the 133-storey twin skyscrapers that, when announced in February last year, was largely doubted by industry ...

Increasingly hurt by sanctions and frozen out by the West over its meddling in Ukraine, Syria and the recent US presidential election, Russia is seeking to pivot to Asia and establishing a beachhead in a decidedly warmer locale – Cambodia. ...

On Tuesday, two more buildings in the series of buildings in the Morodok Techo National Sports Complex commenced construction at a groundbreaking ceremony presided over by Prime Minister Hun Sen. ...

The Ministry of Transport collected more than three hundred million riel ($75,000) last month in the form of fines on more than 140 overloaded trucks.​   ...

The Ministry of Industry and Handicrafts (MIH) has started a laboratory and a department to check on the quality and safety of local products to be exported, state news agency AKP reported yesterday.   ...

Total revenue for the listed state-owned enterprise Phnom Penh Autonomous Port (PPAP) increased 7.49 percent by the end of December last year, giving it a net value of $16.5 million compared with $15.35 million a year earlier.   ...

Revenue from ticket sales to foreign tourists visiting the Angkor Archaeological Park reached $30.85 million, up  51 percent in the first quarter of this year compared with the same period last year, according to report from Angkor Enterprise.   ...

The government is to standardize water and electricity rates for factory workers and students in a bid to stop them being ripped off by unscrupulous landlords.   ...

Cambodia’s startups have clamoured to attract foreign venture capital, and now even Silicon Valley is paying attention. Last month, local media and entertainment site Khmerload – described by some as Cambodia’s version of Buzzfeed – secured $200,000 in investment from the regional arm of California-based ...

A Japanese expert has urged Cambodia to invest in improving transport on the Mekong River to boost the movement of cargo around the country. Kume Hidetoshi from the Japanese International Cooperation Center made the call during a presentation at the Japanese embassy yesterday.   ...

Qatar Airways Cargo launched regular scheduled air freighter service between Phnom Penh and Doha this week, according to a company press release. ...

Vice Chairman Chen Changzhi pledged that China would continue to extend loans to Prime Minister Hun Sen’s government, provide development aid, and encourage investment.   ...