About 177,000 Cambodian men and women were working abroad as of the end of 2010, and about $180 million was remitted to Cambodia from 126,000 migrant workers in Thailand, Malaysia, Japan and South Korea last year, according to a letter written by Prime Minister Hun ...

A weekend meeting between Chinese President Hu Jintao and Prime Minister Hun Sen concluded with millions in loans and aid agreed to and a clear message: neither nation is in a rush to deal with the prickly South China Sea dispute. At the Saturday one on ...

Cambodians working in South Korea this year are expected to remit up to US$80 million to the Kingdom as up to 40 per cent more Cambodian labour heads to the East Asian nation compared to last year. The Ministry of Labour and Vocational Training expects at ...

About 1.36 million international tourists visited Cambodia’s Angkor Wat Temple, one of the World Heritage Sites, in the first eight months of this year, a 31 percent rise compared with 1.04 million during the same period last year, a report of Siem Reap provincial tourism ...

$500-million loan from New Delhi to help build 3,200km highway through Myanmar and linking to Thailand The trilateral highway project will allow freight and container trucks to move across the borders from India to Myanmar and Thailand via Chiang Rai and border towns. It will play ...

Phnom Penh could have a public bus system operating under a single company before the end of 2013 at the earliest, Phnom Penh governor Kep Chuktema said yesterday. Global (Cambodia) Trade Development, a joint venture between Cambodian and Chinese investors, had originally been chosen alongside South ...

Resentment is still simmering toward Cambodia for its handling of the contentions South China Sea issue last year, which fractured the unity of Asean, analysts from around the region said Thursday. During the first day of a two-day regional conference in Phnom Penh organized by the ...

Garment industry, Cambodia’s largest foreign currency earner, reported a 20 percent rise in exports last year, according to the figures of the Ministry of Commerce on Monday. The Southeast Asian nation exported apparel products in equivalent to 5.53 billion U.S. dollars last year, up 20 percent ...

Villagers representing families in Kratie province petitioned the South Korean Embassy for help Tuesday in their dispute with a South Korean agribusiness firm, after hearing that the embassy had lodged a complaint against them. About 200 villagers from Kratie province’s Snuol district are staying at the ...

Long considered the friendlier and less exploitative option for overseas Cambodian migrants, South Korea is now being slammed by Amnesty International for a number of abuses afflicting its migrant-dominated agriculture sector. The 20,000 foreign workers fuelling South Korea’s farming industry regularly encounter intimidation, violence, excessive working ...

The Asian Development Bank yesterday said it had never authenticated a June 17 letter from Finance Minister Keat Chhon that claimed an ADB consultant urged the government to target advocacy groups critical of an ADB-funded railway project. In a copy of the letter obtained earlier this ...

Three weeks since Prime Minister Hun Sen approved $27 million in emergency loans to prop up the struggling rice sector, the state-owned bank charged with disbursing the funds said yesterday that it has only granted $1 million in loans, claiming that the number of eligible ...

The multi-trillion-dollar scheme proposed by Chinese premier Xi Jinping in 2013 aims to promote economic integration across Eurasia by investing in a “Silk Road Economic Belt” and “Maritime Silk Road”, comprising transnational economic corridors and new trade arrangements. ...

The General Department of Taxation called last week on banks, insurance companies and microfinance institutions (MFIs) to accurately report the taxpayer identification numbers (US-TIN) of clients with US citizenship. ...

The World Bank said in a recent report that Cambodia is among 12 countries in East Asia and the Asia-Pacific that are vulnerable to rising sea levels which could lead to the loss of land and force millions of people to relocate. ...

The Ministry of Environment signed a framework agreement yesterday with Conservation International and the Mitsui Banking Corporation to launch the planning phase of a new REDD+ project for the Prey Lang forest, officials confirmed.   ...

A Chinese company inked a deal worth $20 million yesterday with the Ministry of Public Works and Transport to repair 107 kilometres of roads in the kingdom. ...

CIMB Bank Thai (CIMBT) clients will one day able to use ATMs for financial transactions anywhere in Asean. The regional linkage of ATMs is aimed at improving service and cost efficiency as a part of the CIMB Group’s regional strategy. Executive vice-president Dusanee Klewpatinontha said Cambodia has ...

The slump in global markets has depressed demand for Cambodian products, leading to reduced growth forecasts by the Asian Development Bank (ADB) for 2012 and 2013. “Falling global demand, especially in Europe and the US, means that the industry sector will grow at a slower pace ...

Cambodian women have fewer opportunities than men, and less access to economic and political positions of power, a World Bank report says. Women in Cambodiado have more economic access and business ownership than in some Western countries, but they have less power in family ...