Contract farming between community producers and rice millers or buyers brings growers great benefits, with an expanded market and more favourable prices, industry insiders have said. Contract farming refers to an agreement between a company and an agricultural community regarding prices, quantities and standards of quality. ...

Pharmaceutical giant Thai Nakorn Patana plans to invest $30 million over the next two years in a three- to four-star hotel in Phnom Penh, as it hopes to cash in on the lack of big names in the capital’s mid-tier hotels market. For the new 200-room ...

Total fixed assets of Singaporean investment in Cambodia last year reached $82.7 million, a 500 per cent increase from $13.8 million in 2011, data from the Council for the Development of Cambodia (CDC) show. Singaporean entrepreneurs who have already entered the Cambodian market said they expect ...

New scheduled flights between Sihanoukville and Phnom Penh will probably be launched soon, and Sihanoukville-Siem Reap flights will operate daily instead of three times a week, an industry leader says. These changes by Cambodia Angkor Air had a “high chance” of taking off in April to ...

Cambodian Prime Minister Hun Sen said Wednesday that the government would intervene to stem the riel’s sharp rise against the US dollar in recent days. “The Cambodian riel has been rising for several days,” he told a land-distribution ceremony in Oral district in Kampong Speu province, ...

ASEAN says it will study how to implement a proposed economic partnership with its six external partners that might lead to the foundation of world’s largest economic bloc. The proposed bloc, dubbed the Regional Comprehensive Economic Partnership (RCEP) or “ASEAN+6” , would integrate ASEAN’s 10 ...

Local food producer Ly Ly Food Industry had invested about $1 million for a Chinese-made machine to improve production and food quality as it prepared for the coming regional economic community, the company’s owner said yesterday. Keo Mom said a tremendous amount of goods from neighbouring ...

The Cambodian government and rice exporters have dismissed allegations that rice exports to the European Union (EU) countries are contaminated with rice from Vietnam. Commerce Ministry representative told local sources that while it is true that some Cambodia rice is processed in Vietnam to match ...

Singapore signed two energy-related Memorandums of Understanding (MOUs) with Cambodia and the United Arab Emirates (UAE), at the Singapore Energy Summit on Monday. This is part of its efforts to strengthen partnerships in the energy sector. Second Minister for Trade and Industry, Mr S Iswaran, ...

A Royal Cambodian Armed Forces (RCAF) officer and his son-in-law were arrested separately on Thursday and Friday in Battambang and Banteay Meanchey province for producing tens of thousands of dollars of counterfeit U.S. banknotes, officials said Sunday. Police arrested Tang Thearith, 35, in Poipet City on ...

Despite the depressed market conditions throughout Europe in 2013 Cambodia’s export to the EU skyrocketed. The country is well under way to take over Taiwan’s leading position in bike export to Europe. Between January and October 2013 Cambodia’s bike export showed a huge increase of no ...

Insurance providers sold far fewer motor vehicle and personal accident policies in 2013 than in the previous year, sparking concern among some in the industry that the importance of being covered in case of a road accident isn’t getting through to drivers. According to the General ...

Nine floors of the 32-storey BKK1 condominium project, Platinum Bay, are now completed and construction is slated to be completed by mid-2017. Platinum Bay is located on Street 282, not far from the soon-to-be-completed De Castle Royal, a part of town that property insiders see as ...

The number of people seeking for jobs has been on the rise each day. However, companies, organizations and institutions are relentlessly complaining that human resource is both scarce and of low quality. Many students who have just graduated for about a year or two say they ...

Phnom Penh is one of the fastest-growing cities in Southeast Asia. It added nearly 500,000 people between 2000 and 2010, for a total of 1.4 million. That has meant a lot of changes in a short period: more congestion, more markets, more housing. And, newcomers ...

Farmers in Cambodia’s pepper-growing provinces are increasingly turning to produce the profitable crop as the price of rubber on the world market has declined over the past six months, with land used for pepper cultivation doubling in some areas, according to growers. In Dar commune in ...

Cambodia’s ranking has slightly improved in this year’s global index of emerging logistics markets, rising one notch compared with the same survey last year from 42 to 41 among 50 countries included in the study. ...

Malaysian-based electrical power technology company Pestech International Bhd inked a contract to construct the $7.34 million 230/11kV Okvau Transmission Substation, leading Malaysian business publisher The Edge Media Group Pte Ltd reported on Thursday. ...

Cambodia’s retail gasoline price has strongly declined for the first time because of the fall on the international market, according to the monthly oil prices set by the Ministry of Commerce revealed yesterday. ...

The value of Cambodian real estate has not shown signs of decline in recent weeks, despite the Covid-19 pandemic bringing market activity to a virtual standstill, industry insiders said on Wednesday. ...