News

The latest report on the state of Phnom Penh’s property market makes bleak reading for investors and those betting on a lucrative future in the short-term. ...

Cambodian embassy officials in Thailand are now assisting migrant workers in Thai prisons by providing lawyers for them. Embassy officials also announced they are looking for relatives of a Cambodian man who died in Thailand late last month to take his body, which is being ...

Representatives of evicted families and a sugarcane plantation owned by a prominent CPP senator announced an agreement on Thursday that provides compensation ranging from $500 to $5,000 to eligible villagers after a five-year battle over land. ...

Cambodia’s first large-scale private-sector sale of carbon credits was finalised yesterday, with conservationists predicting that it could pave the way for more public-private partnerships, making millions of dollars of funding available for local carbon-based initiatives. US entertainment giant Walt Disney Company has officially purchased $2.6 ...

Tourist visits to Siem Reap province increased slightly during the first half of the year as foreign tourists lined up to see the country’s pre-eminent tourism attraction, Angkor Wat, and Cambodians from across the country flocked to the province for a major national festival in ...

The Cambodia-Japan Friendship Bridge will close for repairs early next year after structural damage was discovered last year, City Hall announced yesterday. City Hall spokesman Mean Chanyada said: “We will close the bridge for 22 months to make repairs starting from early January 2017.” ...

Efforts by the Asian Development Bank (ADB) to restore the living standards of families evicted by its railway rehabilitation project continue to fall far short of expectations, and urgent action is needed if the bank is to comply with its own safeguard policies, according to ...

Indonesia is willing to offer Cambodia’s navy ships at a discount and would like the Kingdom to be involved in joint patrols in the region, Indonesia’s Defence Minister Ryamizard Ryacudu yesterday told the Post, amid his meetings with government leaders. ...

Interior Minister Sar Kheng informed European Ambassador George Edgar on Tuesday that plans to construct a controversial road and border checkpoint that would have cut straight through the Mondolkiri Protected Forest had been suspended. ...

The Ministry of Social Affairs yesterday once again called on the Kingdom’s employers to hire the disabled, something mandated in a widely ignored 2010 sub-decree. ...

The Rattanakiri provincial court will hear a case against provincial officials brought by rights group Adhoc on Wednesday, which accuses them of failing to prevent illegal logging in Lumphat district. ...

Cambodia’s capital market regulator held a forum yesterday on regulations and safeguards for the derivatives market, laying out the inherent risk and reward of the poorly understood financial instrument that has until recently operated with no oversight. ...

Cambodia’s total exports of garments and footwear to Japan increased sharply in the first half of the year, according to latest figures from the Japan External Trade Organization (JETRO). ...

The National Bank of Cambodia released its annual report yesterday, citing strong growth in 2015 despite challenging economic circumstances caused by a Chinese economic slowdown, increased regional competitiveness and the appreciation of the US dollar. ...

Though the rice-planting season has started and nationwide rice cultivation this month has been higher than planned, farmers are worried that adverse weather events caused by climate change will ruin their crops. According to the Ministry of Agriculture, Forestry and Fisheries’ planning and statistics department, the ...

The Cambodian government is on track to provide electricity to all villages in the Kingdom by 2020 as this year’s seven-month data, from the Ministry of Mines and Energy, indicate that 71 percent of rural areas now have regular power supply. Ith Praing, secretary of state ...

Meanchey district police and security guards yesterday clashed with about 70 Koh Kong province villagers at the capital’s Samaki Rainsy pagoda, shoving and pushing them as they tried to make their way to the Ministry of Land Management. ...

The environmental protection group WWF has criticized the penalty imposed on three brothers arrested in Mondolkiri province over the weekend for filling the trunk of a car with turtles, lizards, snakes, a monkey and a civet—all of them meant to be food for a party. ...

Insurance sales have grown by 37 percent in the first half of the year, totaling $56 million, the Insurance Association of Cambodia (IAC) announced in a report Tuesday.  The increase, up from $40.9 million for the same period last year, has been driven by a ...

A Memorandum of Understanding (MoU) has been signed between Matrade and the Cambodia Chamber of Commerce, said Malaysian International Trade and Industry minister Datuk Seri Mustapa Mohamed. ...

The Australian government has retained a second agency to assist in the resettlement of refugees in Cambodia, despite scant interest from the people it detains on Nauru and for whom the offer stands. ...

The first rainfall this year did not arrive until early June to Pursat, a province located in the northwest of the country, where land looked bare and thirsty at the height of the planting season. The devastating drought, which the government has described as the ...

Cambodia has announced it will shutter the office of the inter-governmental Mekong River Commission in Phnom Penh, relocating its functions to neighboring Laos. ...

Cambodia has been listed as the highest-risk nation in ASEAN, and ranks sixth globally, for its susceptibility to money laundering and terrorism financing in a recently released global index that charts the vulnerability of 149 nations. ...