For the first time in recent memory, the Ministry of Economy and Finance has released growth projections for the first half of the year, and the numbers are good. The ministry’s preliminary data claims that from January through June, economic growth stood at 7.6 per ...

Chevron Oil and Gas Co has delayed offshore oil drilling in Cambodia until 2016 mainly because of the economic slowdown in the United States, a senior lawmaker says. Cheam Yeap, chairman of the National Assembly Commission on Economy, Finance, Banking and Audit, said inadequate human resources ...

A 3-day Cambodia-Real Estate Exhibition 2013 kicked off [in Phnom Penh] on Monday as the country’s construction sector is rapidly growing in the last couple of years. The event, held at the Diamond Island Exhibition Center, brought together 68 exhibitors who are real estate developers, real ...

The volume of cargo passing through the Sihanoukville Autonomous Port (SAP) rose 15 per cent in the first quarter of this year compared with the corresponding period last year. Experts say milled-rice exports and fuel imports contributed to the boost in activity. From January to March, ...

Six major retail, footwear and garment industry associations whose members account for over 90 per cent of garment imports in the US and Canada have called on the Cambodian government, the Garment Manufacturers Association in Cambodia (GMAC) and unions to resume wage negotiations. The open ...

State-owned Telecom Cambodia has signed a business cooperation agreement with Vietnam National Post and Telecommunications Corp in order to bolster TC’s product portfolio and coverage area, company officials said yesterday. Telecom Cambodia offers both fixed-line phone and internet services in the Kingdom. Vietnam National Post and ...

After several rounds of discussion since 2018, state institutions on Wednesday vowed to make it safer for workers across the country to have chairs to sit on while traveling to and from work, which has typically been flatbed trucks. ...

Bilateral trade between Cambodia and Laos is predicted to pick up after a recent series of key meetings between national leaders and prominent members of the business community, following a reported jump of roughly three-tenths last year over 2021. ...

The world has been disrupted and traumatized by the Coronavirus crisis. Also known as COVID-19, this global pandemic has affected every industry which made them difficult to cop and conduct their work as normal. The COVID-19 pandemic in Cambodia is also a part of the ongoing worldwide pandemic. ...

Cambodia’s new mining law is on track for adoption by the end of this year and will introduce a raft of reforms to the sector, a senior official said, although the country’s mining tax will likely remain the same. Meng Saktheara, secretary of state at the ...

Thai CEOs are confident that the country’s 2013 economic growth will be at least as good as last year’s level and that the automobile, information and communications technology, and financial sectors will be the star performers. The CEOs estimate that their companies’ profits this year ...

The United States and Cambodia have agreed to begin discussions on a bilateral investment treaty (BIT) in a bid to spur trade and investment between the two countries, officials said on Friday following the end of the ASEAN-US Business Summit in Siem Reap. “A bilateral investment ...

Cambodian and Swiss senior senators on Monday pledged to help promote bilateral cooperation, particularly in legal field, economics and trade for mutual benefits. The pledge was made during a meeting between First Vice President of the Senate of Cambodia Say Chhum and visiting President of the ...

The price for cassava plants is increasing in the Kingdom’s north-western provinces, where the new season started. Due to the lack of rain many were damaged, according to farmers and officials. Sreng Sreang, deputy director of the Pailin longan collective, which planted about five hectares of ...

Exports of milled rice had fallen dramatically last year because of the poor quality of paddy rice, insiders said yesterday. Milled-rice producers told the Post that a large amount of paddy rice broke. From every 100 kilograms of paddy rice, 20 to 23 kilograms of milled rice ...

While Cambodia has made considerable strides in its banking sector, it still lags behind countries in the region in the areas of e-banking and access to services, industry experts attending the Fifth Banking and Microfinance Conference at the Intercontinental Hotel in Phnom Penh said yesterday. ...

Prime Minister Hun Sen signed off on a directive last week to trans­fer 11 government bodies, previously overseen by Cabinet Minister Sok An, to relevant ministries and institutions, further cutting the expansive portfolio of the deputy prime minister in the wake of July’s national election. ...

Cambodia’s central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and Spokeswoman Nguon Sokha said yesterday. Increases in commodity prices and petroleum has led to rising ...

Britain embassy to Cambodia is partnering with Cambodian government ministries and departments to provide a training course on international best practices in the field of anti-money laundering and combating the financing of terrorism, according to the embassy’s press release on Friday. The training will be ...

North Korea and Cambodia have attempting to increase trade between the two nations with Cambodia exporting rice and North Korea exporting knowledge. North Korea is set to share its knowledge of small scale hydropower and mining expertise in exchange for rice, beans and corn imports. ...