News

A dozen Malaysian companies involved in green energy yesterday opened a showroom in Phnom Penh to display their products, ranging from solar panels to energy efficient LED lighting. ...

Aliwassa Pathnadabutr, managing director of property consultant CBRE Thailand, said prime residential property for rent in the Cambodian capital has posted the highest yield among all sectors at 8% per year. Selling prices remain relatively low, but rents are high. ...

Reduced fees for the loading of containers of milled rice for export, fixed for the next two years, came into effect on Tuesday as part of government efforts to boost the rice sector’s global competitiveness. According to a letter signed by Economy Minister Aun Pornmoniroth, dated ...

The government announced yesterday that it will hold its first public auction for 4G spectrum frequencies, with two licences up for bid on frequencies reassigned after their original licence-holders failed to utilise them. ...

Illegal sand dredging has been eradicated from Cambodia, but reforms are still needed, the Ministry of Mines and Energy said on Wednesday, facing mounting blowback over sand export records that differ by tens of millions of cubic meters from those kept by the U.N. ...

Several of the opposition-led commissions in the National Assembly have plans to summon three ministers to clarify several ongoing issues, including the sand exports to Singapore and the murder of political analyst Kem Ley. During a Tuesday evening press conference at the Cambodia National Rescue Party ...

T-shop Cambodia, a Phnom-Penh based electronics distributor, is planning an aggressive push into the provinces through company-owned and franchise outlets, and will look to raise capital for expansion by offering shares on the local stock exchange, the company’s CEO said yesterday. ...

Prime Minister Hun Sen yesterday stressed that ethnic Vietnamese have been living in Cambodia since the French colonial period and did not arrive only during his premiership. Speaking at a groundbreaking ceremony for a new road in Tbong Khmum province, the prime minister said it was ...

The Association of Banks in Cambodia (ABC) and the Korea Federation of Banks (KFB) yesterday signed a memorandum of understanding (MoU) to expand and strengthen cooperation as well as provide support to South Korean investors, especially those in the banking sector who are now investing ...

Cam Top Property Group, from Cambodia, and Australia-based Cate Group have come together to jointly invest $25 million in an affordable housing project that will be launched next week for low middle- and middle-income Cambodians. ...

The health minister has banned surrogate pregnancy arrangements in the country, putting the brakes on what appeared to be a quickly expanding—if controversial—industry. The move comes just days after the justice minister called for the practice to be outlawed. ...

Both Cambodia and Thailand agreed on Tuesday to adopt an approach of nonviolence when dealing with those found illegally crossing the border after a meeting between the two nations’ border authorities. ...

The International Committee of the Red Cross (ICRC) has been asked to investigate cases of mistreatment of Cambodian migrant workers imprisoned in foreign jails, the Foreign Ministry announced this week. ...

Companies should embrace the concept of corporate social responsibility (CSR) in their operations and encourage a positive impact through their activities on the environment, consumers, employees, communities, stakeholders and all other members of the public, said an NGO official yesterday. “CSR-focused businesses would proactively promote public ...

Four Cambodian fishermen released by Somali pirates last month recounted their ordeal at a press conference hosted by NGO Caritas yesterday. Khorn Vanthy, 26, from Kampong Cham; Kin Kemhen, 33, of Kratie; and Em Phoum Many, 33, and Nhem Soksan, 33, both from Kampong Chhnang, spent ...

Extolling forecasts that Cambodia’s economy will maintain its 7 percent growth rate this year, Prime Minister Hun Sen yesterday reiterated a past prediction that the country would reach upper-middle income status by 2030 and become a high-income country in 2050 – though one expert said ...

About 10 villagers from Chroy Changvar district’s Prek Tasek commune stopped workers of a development firm from clearing their land to build a fence demarcating a planned satellite city. Commune resident Chheng Heak said six workers from the Overseas Cambodia Investment Corporation (OCIC), which is developing ...

Civil society groups are getting closer to unveiling a new set of guidelines that will change how the impact of big development projects is assessed across the Mekong region, NGOs said yesterday, following the end of a two-month public consultation period. ...

Agriculture officials and struggling smallholder tobacco farmers are cautiously hopeful that tariff exemptions granted under a new trade agreement with Vietnam will lift sagging demand for their crops. ...

Five men accused of illegal logging in the Prey Preah Roka Wildlife Sanctuary after being caught by a joint patrol of authorities, villagers and monks should be charged with deforestation, a Preah Vihear provincial prosecutor said on Tuesday. ...

The government has pledged to punish mobile telephone operators that do not register the identities of their users—or fail to shut down anonymous numbers—by the middle of the month, threatening fines or suspensions for non-complying companies. ...

Cambodia is overcoming “ineffective practices” and should not be held to the standards of developed countries, a Commerce Ministry spokeswoman said on Tuesday amid renewed calls for the government to investigate over $400 million in unrecorded sand exports to Singapore. ...

Four Cambodian products – Kampot salt, Phnom Srok silk of Banteay Meanchey province, fragrant milled rice from Battambang province and Kampot durian – could be given geographical indication (GI) status by the European Union (EU), said a senior official from the Ministry of Commerce and ...

The first ever smartphone tax app is set to be launched next year in an effort to make tax payments by companies more transparent. The app developed by the General Department of Taxation (GDT) of the Ministry of Finance and Economy, is a platform for individuals ...