Phnom Penh

Phnom Penh News

  • Vietnamese Developer to Tap Nascent Suburban Housing Need

    Nam Long Investment Corp., Vietnam’s biggest affordable housing developer, plans to move to building satellite towns, which are taking hold as rising incomes in Southeast Asia feed surging demand for suburban-style living.

  • For World Cup, Betting Flows Through Banker-Turned-Bookie

    Inside a nondescript office building in central London, a roomful of men and women sit at computer screens and talk over Skype with people in faraway places. Sharp-edged Cantonese fills the air, and a flat-screen TV emits a continuous din. It’s the chanting, singing Midlands crowd at Birmingham, England’s Villa Park Stadium: Liverpool at Aston Villa. The match has just kicked off.

  • Cambodia Embracing Capitalism With First IPO Since Pol Pot

    Min Sovannry wasn’t born when the Communist Khmer Rouge took power in 1975 and abolished Cambodia’s money, markets and financial system. Now the 21-year- old college student can’t wait to embrace capitalism.

  • Cambodian Leader Inaugurates Water Plant in Capital Phnom Penh

    Cambodia’s prime minister inaugurated a $90 million water plant in Phnom Penh today to help meet demand for supplies in the capital, the Xinhua news agency reported, citing the premier.

  • Stampede at Cambodian Festival Kills More Than 330 Victims in Phnom Penh

    Cambodia has set up an inquiry to determine the cause of a stampede on a bridge last night that killed at least 378 people during an annual water festival which draws more than a million rural residents to the capital.

  • Looking Beyond the Killing Fields in Cambodia

    “Dho ri min dho?” The cry rings out every night in Phnom Penh, chanted by thousands of teens as they roar past on cheap motorbikes. The riders are merry; they wave flags, bang drums, call out to passers-by. The oldest among them look like they’re in their 20s. They have one question about this weekends’ elections, the fourth round of polls since the United Nations restored civil rule to Cambodia in 1993: Change or no change?

  • Manulife Enters Cambodia Market With Phnom Penh Office

    Manulife Financial Corp., Canada’s largest insurer, has opened an office in Phnom Penh, Cambodia, its first in the Southeast Asian nation.

  • Cambodia Bans Opposition Protest After Deadly Clash, Xinhua Says

    Cambodia banned the country’s opposition party from holding protests in Phnom Penh after a clash that killed four people yesterday, Xinhua News Agency reported today, citing the capital’s municipal governor, Pa Socheatvong.

  • Cambodia’s Growth May Lure Samsung Asset to Newest Stock

    Cambodia opened its stock market today as the government seeks to lure foreign capital by selling shares in state-owned companies to bolster the economy.

  • Pirate Bay’s Warg to Be Deported to Sweden, Phnom Penh Post Says

    Cambodian authorities have agreed to deport Pirate Bay co-founder Gottfrid Svartholm Warg to Sweden, the Phnom Penh Post reported today, citing deputy police commissioner General Sok Phal.

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