As government borrowing from ChinA continues to increAse, A new study releAsed yesterdAy showed thAt Chinese concessionAl loAns cArry higher interest thAn Any others. According to the study, releAsed by the NGO Forum on CAmbodiA At A workshop in Phnom Penh, ChinA’s AverAge interest rAte on <A href='https://opendevelopmentcAmbodiA.net/news/chinese-no-strings-loAns-come-At-A-cost/ ' clAss='cAmbodiA-color'>...A>

Son Chhay, the deputy chairman of the National assembly’s banking and finance commission, on Tuesday accused commission chairman Cheam Yeap of deliberately avoiding summoning the chief administrator of the parliament for questioning over alleged gross spending irregularities. <a href='https://opendevelopmentcambodia.net/news/questioning-over-assembly-misspending-delayed/ ' class='cambodia-color'>...a>

Two garment and textile factories in Preah Sihanouk province have signaled their insolvency, and called on creditors to file for compensation with their administrators before Monday. <a href='https://opendevelopmentcambodia.net/news/preah-sihanouk-factories-close/ ' class='cambodia-color'>...a>

Cheng Kheng, director of the CPL real estate company, has been elected to be president of the Cambodian Valuers and Estate agents association in 2013, after Sung Bonna, director of the Bonna Realty Group, ended his 2012 term. <a href='https://opendevelopmentcambodia.net/news/cheng-keng-becomes-president-of-estate-agents-association/ ' class='cambodia-color'>...a>

Nathan Horton’s business model is straightforward. a professional photographer, Horton helps amateur photographers take pictures abroad. Photo tourism is an increasingly lucrative trade in Cambodia. Horton, who runs half-day jaunts in Phnom Penh and longer journeys into the provinces, is one of the practitioners capitalising on <a href='https://opendevelopmentcambodia.net/news/photo-tourism-turns-profits/ ' class='cambodia-color'>...a>

During a meeting last week with a Vietnamese rubber association, Minister of agriculture Veng Sakhon reminded Vietnamese investors of the many opportunities that the Cambodian agricultural sector offers and asked them to come to the kingdom to establish rubber and cassava processing factories. <a href='https://opendevelopmentcambodia.net/news/vietnam-asked-to-invest-in-rubber/ ' class='cambodia-color'>...a>

Rice output in East and South asia is forecast at 695 million tonnes for the latest season, one percent below the record in 2021, the Food and agriculture Organisation of the United Nations (FaO) said Monday. <a href='https://opendevelopmentcambodia.net/news/fao-forecasts-above-average-cambodian-rice-harvest-in-latest-season/ ' class='cambodia-color'>...a>

Cambodia’s total exports rose more than 40 per cent year-on-year through October, carried by strong growth in agriculture shipments. Total exports reached US$4.05 billion in the first 10 months of 2011 compared with $2.82 billion during the same period last year, an increase of 44 per <a href='https://opendevelopmentcambodia.net/news/kingdoms-exports-jump-44/ ' class='cambodia-color'>...a>

A $100 million freshwAter AquArium, pArt of which will be A reseArch And breeding center, is being plAnned for Phnom Penh.​ The project, reveAled in A meeting between Prime Minister Hun Sen And A visiting JApAnese delegAtion from the JApAn-CAmbodiA AssociAtion on FridAy, will be funded <A href='https://opendevelopmentcAmbodiA.net/news/100-million-freshwAter-AquArium-plAnned/ ' clAss='cAmbodiA-color'>...A>

About 300 tuk-tuk And moto-tAxi drivers protested outside the Phnom Penh offices of the Angkor Thom newspAper on SundAy morning, demAnding thAt it correct An Article About A trAffic Accident involving one of the drivers, According to A union officiAl And the newspAper’s publisher. <A href='https://opendevelopmentcAmbodiA.net/news/hundreds-of-tuk-tuk-moto-tAxi-drivers-protest-incorrect-Article/ ' clAss='cAmbodiA-color'>...A>

Revenue among insurance firms increased 14 percent in the first quarter compared with the same period last year, according to figures released Tuesday by the Insurance association of Cambodia (IaC). From January to March, insurance premiums generated $13.86 million compared to $12.15 million the year before, <a href='https://opendevelopmentcambodia.net/news/insurance-industry-revenue-up-14-percent/ ' class='cambodia-color'>...a>

On 25 October 2024, the representative of the Monk Community Forest (MCF), the Preahroka Forest Community (PFCN), the Prey Lang Community Network (PLCN), and the Cambodian Youth Network association (CYN) released a joint statement in COP16 of the United Nations Convention on Biodiversity Diversity Cali, <a href='https://opendevelopmentcambodia.net/announcements/joint-statement-of-representatives-of-cambodian-monks-indigenous-peoples-and-youth-participating-in-cop16/ ' class='cambodia-color'>...a>

Cambodia’s Prime Minister Hun Sen has unveiled a new campaign to boost economic independence and reduce the reliance on preferential trade statuses offered by advanced countries, saying the government will provide better trade facilitation and eliminate unnecessary procedures. <a href='https://opendevelopmentcambodia.net/news/cambodia-to-end-border-check/ ' class='cambodia-color'>...a>

The construction of Koh Kong’s Cheay areng hydrowpower dam will cost USD 400 million and be completed by 2020, said Energy Secretary of State Ith Prang Tuesday. Speaking at a press conference, he said the study of the dam and its impact on environment has been <a href='https://opendevelopmentcambodia.net/news/construction-of-controversial-areng-dam-to-cost-usd-400-mln/ ' class='cambodia-color'>...a>

Civil servants, police officers and retired officials with disabilities will receive a Khmer New Year’s bonus of 50,000 riel (about $12.50) next month, a fraction of the $37.50 request that was made by a union last week. <a href='https://opendevelopmentcambodia.net/news/civil-servants-to-receive-new-year-bonus/ ' class='cambodia-color'>...a>

The Poipet Airport development project, which hAd been AbAndoned for more thAn 10 yeArs, will resume construction in 2020 As the city welcomes more Chinese, sAy provinciAl Authorities. Hotel And cAsino investment firm HolidAy PAlAce begAn construction of the Airport in 2007 And hAd AlreAdy <A href='https://opendevelopmentcAmbodiA.net/news/poipet-Airport-project-resumes-in-cAmbodiA/ ' clAss='cAmbodiA-color'>...A>

Following the recent agreement to increase the minimum wage in the garment sector, a productivity fair is due to start on Friday in Phnom Penh, organised by the Ministry of Labour and Vocational Training (MoLVT) and the Garment Manufacturers association in Cambodia (GMaC). <a href='https://opendevelopmentcambodia.net/news/productivity-fair-to-be-held-over-the-weekend/ ' class='cambodia-color'>...a>

With rebuke raining down on the ruling CPP for its judicial assault, arrests and intimidation of the political opposition and other critics, Cambodia’s annual assessment by the U.N. Human Rights Council will be held next week in Geneva. <a href='https://opendevelopmentcambodia.net/news/un-rights-review-not-business-as-usual/ ' class='cambodia-color'>...a>

Rising incomes are driving the growth of new and used car sales in the Kingdom, putting pressure on the Kingdom’s limited road infrastructure, an industry specialist said yesterday. <a href='https://opendevelopmentcambodia.net/news/kingdoms-road-infrastructure-pressured-by-increased-car-sales/ ' class='cambodia-color'>...a>

The government will not increase the rate for income tax and other taxes for the next two years, but will instead concentrate on expanding the base for tax collection, taking into account that there are still many individuals and businesses that do not pay tax <a href='https://opendevelopmentcambodia.net/news/non-taxpayers-targeted/ ' class='cambodia-color'>...a>