Philip Heijmans
Opposition Wants Less Debt in 2013 Budget
The opposition Sam Rainsy Party (SRP) has requested the National Assembly to reduce by 75 percent the amount of new debt the government is...
2013 National Budget to Rise Above $3 Billion
Government spending next year will total more than $3 billion, a 16.2 percent increase from the $2.6 billion set aside for 2012, according to...
Coffee Chain Costa to Open Shop Next Month in Phnom Penh
The U.K.-based coffee chain Costa Coffee will join the mix of new coffee shops in Phnom Penh when it opens its first branch in...
As Insurance Claims Grow, So Do Premiums
The total amount of claims paid out by local insurance firms during the first nine months of the year have tripled to more than...
Court Issues Injunction Over Mfone Debt
The Norwegian energy firm Eltek Valere won an injunction from the Phnom Penh Municipal Court earlier this month against the Thai-owned mobile operator Mfone...
Mobile Phone Firms Threaten to Sue Mfone
Mobile phone operators Hello Axiata Co. Ltd. and Latelz Co. Ltd. are threatening to take legal action against the Thai-owned firm Mfone for allegedly...
Value of Approved Construction Projects Soars
The value of construction projects approved by the government during the first nine months of the year reached $1.83 billion, an 83.61 percent increase...
Majority of Packages Sent From Cambodia Contain Local Delicacies
Seventy percent of all outbound parcels leaving Cambodia via the state-owned postal service contain local food products that are delivered to Cambodians living abroad,...
US Security Concerns See Work Stop at Street 240 Site
Construction on a seven-story apartment complex overlooking the U.S. ambassador’s residence in Phnom Penh has been halted by authorities at the behest of the...
Businesses Look for Opportunities in Tourism Industry
More than 150 businesses and associations from around the world gathered on Phnom Penh’s Koh Pich yesterday for the launch of the country’s annual...
Trucking Companies Plagued by High Costs, Informal Payments
Despite growing exports, freight companies say profits are being hit because most firms still use old, inefficient trucks and are often forced to pay...
High Costs Cripple Trading Firms, Report Says
Import and export companies in Cambodia believe that high costs stemming from burdensome bureaucracy and poor infrastructure are putting them at a disadvantage compared...
IMF Raises Growth Forecast to 6.5 Percent
The International Monetary Fund (IMF) yesterday raised its growth forecast of the Cambodian economy to 6.5 percent, a rise of 0.3 percent compared to...
Construction Woes Plague Railway Project
The rehabilitation of Cambodia’s dilapidated railway network has encountered delays due to poor construction work and inappropriate surveying methods when making plans to lay...
Future of Gold Tower 42 in Arbitration Court
The owner of the $240 million Gold Tower 42 project in Phnom Penh has entered into arbitration with the project’s builder, in a bid...
Railway CEO Unaware of Pullout Report
The CEO of Toll Royal Railways, which has a $141 million deal to rehabilitate Cambodia’s rail system, could neither confirm nor deny an Australian...
Roast Cow Decree Shows Divide Between Religion and Restaurants
A government directive has taken aim at Phnom Penh's popular late night Khmer barbeque restaurants, but it is not public drunkenness or the frequent...
Ship’s Anchor Believed by Many to Have Healing Powers
Recently discovered 130-year-old anchor has become a site of pilgrimage for hundreds Last week, 43-year-old Chan Vanna was approached by a Phnom Penh fisherman looking...
Putrid Sewage Canal in Phnom Penh Giving Locals Headaches
Phnom Penh residents living near an open-air sewage canal that runs through Chamkar Mon district said yesterday that the canal is negatively affecting their...
Vietnamese Police Investigate Cambodian Casino Detention
Police in Vietnam’s Long An province have begun investigating the case of a Vietnamese man who was held for ransom under the threat of...
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China’s healthier growth gives positive sign for Cambodian economy: academic
China's rosier growth in the first quarter (Q1) of this year has given a positive sign for Cambodia's economic growth, a Cambodian academic said on Saturday.
