The rise in Cambodia’s international reserves reflects the confidence in Khmer riel, stability of the exchange rate, high liquidity and a sound economy that can withstand external shocks or crises, experts said. ...

Public-listed Royal Group Phnom Penh Special Economic Zone (PPSP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties. ...

A company linked to tycoon Khun Sear, TP Moral Group, received 1,247 hectares of coastal waters in Kep province to develop a new satellite city and “special tourism zone” according to a March 6 sub-decree signed by former Prime Minister Hun Sen and publicized in ...

Vietnam Rubber Group JSC’s (VRG) natural-rubber processing plants in Cambodia have reportedly produced 109,526 tonnes of latex this year, equivalent to 78.23 per cent of the firm’s full-year target, as it strives to meet international demand for the milky white sap, especially from China – ...

Prime Minister Hun Sen has announced that the South Korean Booyoung Group will gift the government a further 1,000 modern buses. The company handed over 200 buses to the Phnom Penh Municipal Hall in February, but suggested that the new buses be utilised in the ...

Pursuant to the recommendation of Prime Minister Hun Sen, the Ministry of Labor and Vocational Training is co-developing a national policy on vocational training for 1.5 million young people in poor and vulnerable families with the Royal Government paying tuition fees and monthly stipends. ...

The Kingdom’s latest brewery is set to launch on November 1, introducing a new player into the growing Cambodian beer market, insiders said yesterday. The Khmer Brewery plant, a US$60 million joint venture between locally based Chip Mong Group and major international brewery manufacturer Ziemann Group, ...

Hundreds of leading Chinese companies will come together with hundreds more local companies today at the first Cambodia-China Business Forum and Financial Development Forum in Phnom Penh, aimed at expanding traDe and investment between the two countries. ...

A high-ranking military official on January 20 called on members of the Royal Government Attorney Group (RGAG) and Samdech Techo Sen’s Voluntary Lawyers Group to remain engaged in government efforts to advance the rule of law, reform the legal and judiciary systems, combat corruption, strengthen ...

From June 22 to 28, the price of Phnom Penh Water Supply Authority (PPWSA) stock slowly approached its Initial Public Offering (IPO) price while trading volumes stayed within the range of 10,000 to 22,000 shares. The price dropped from KHR 6,6so (US$1.63) to KHR 6,3so (US$LS6) from June 22 to 28. ...

Pen Sovann, Cambodia’s first prime minister after the Vietnamese invasion in January 1979 that swept the Khmer Rouge from power and a serving opposition member of parliament, passed away at his home in Takeo province’s Duan Keo town on Saturday evening aged 80. ...

Some 10 months after leading protests during which Vietnamese flags were burned outside the country’s embassy in Phnom Penh, members of the Khmer Krom community took a more conciliatory approach Thursday as they marked the 66th anniversary of France’s formal splitting of Cochinchine. Thousands of monks ...

In a bid to raise more money from within the country, civil society organizations are planning to launch a platform in November that will use crowdfunding via mobile phone credit to fund projects ranging from IT development to the arts. ...

On 09 September 2020, the undersigned civil society groups issued a joint statement condemning the arrests of seven young activists over the past few days, and calling for all charges against those imprisoned to be dropped immediately. The society groups urged the government to end ...

After returning to parliament and ending a six-month boycott, members of the opposition asked the government to cooperate with Vietnam to close border crossings to stop the illegal export of luxury rosewood and other timber to stop deforestation which leads to climate change. ...

The Garment Manufacturers Association in Cambodia (GMAC) has inked an agreement with French international development agency – Agence Francaise de development (AFD), for obtaining a loan of US$ 3.5 million to set up [sic] first garment training institute in the country. As per the agreement the ...

Officials are seeking expert firms to implement projects on so-called contract farming and the enhancement of the involvement of farmers’ organisations in paddy collecting and processing, officials said. Contract farming is an agreement on agricultural production carried out between a farmer and buyers, which establishes conditions ...

Rice farmers in Italy plan to block four major grain exchanges in the country this week over what they say is the European Union’s failure to keep Italian rice competitive against that of cheaper Asian rivals including Cambodia, which is given duty-free access to European ...

Australia’s Geopacific Resources NL said Thursday it had found “significant” amounts of gold, copper and molybdenum at its Kou Sa project in Preah Vihear. In a statement, the mineral explorer said the results of the first phase of its soil-sampling program had also found “associated multi-element ...

The Royal group, Cambodia’s leading conglomerate and Fusionex Group, one of the largest multi award-winning and the leading data technology group in the region, signed a memorandum of agreement where both groups will cooperate in the area of Smart Trade Facilitation in Cambodia. This cooperation ...