More than one-sixth of Cambodian businesses in 2011 were part of the Kingdom’s information and communications sector, a government census showed. Of the 182,439 new enterprises that sprang up in the country between June 2009 and March 2011, some 95,590 serviced the sector, according to the <a href='https://opendevelopmentcambodia.net/news/tech-businesses-among-cambodias-fastest-growing-sectors-10/ ' class='cambodia-color'>...a>

A return to work on lArger construction projects in CAmbodiA is leAding to An increAse in the impArtAtion of construction mAteriAls, experts sAid yesterdAy. CAmbodiA’s construction mAteriAls Are generAlly imported from ChinA, VietnAm And ThAilAnd, And Also As fAr Afield As Europe, sAid Khuon SAvuth, StAtistics <A href='https://opendevelopmentcAmbodiA.net/news/construction-mAteriAl-imports-on-the-increAse/ ' clAss='cAmbodiA-color'>...A>

Vattanac Properties’ construction equipment has been seized by the police after the firm ignored an order to cease work as it has damaged adjacent historic buildings while digging. The work began in mid-april and Vattanac was in the process of removing soil in order to <a href='https://opendevelopmentcambodia.net/news/police-seize-equipment-at-sisowath-quay-site/ ' class='cambodia-color'>...a>

Cambodian officials yesterday touted the potential for green energy to meet its goal of bringing electricity to 100 percent of households by 2020. The Kingdom was looking to develop solar energy, small-scale hydropower and biomass-fuelled power to meet the target, said Ministry of Industry, Mines and <a href='https://opendevelopmentcambodia.net/news/cambodia-eyes-solar-future-for-rural-power/ ' class='cambodia-color'>...a>

Villagers who were evicted by security personnel in order to make way for Tan Bien-Kompong Thom Rubber Company have missed another growing season as they have not been given land original promised by the government. They were original promised one hectare of land each before <a href='https://opendevelopmentcambodia.net/news/evictees-miss-second-season-of-rice-farming/ ' class='cambodia-color'>...a>

THE supply of pharmaceutical products has outstripped demand, causing a decrease in the value of drug imports during the first half of 2011, experts say. an increase in the number of firms importing pharmaceutical products in 2010 led to this year’s drop, Medical Trust Company <a href='https://opendevelopmentcambodia.net/news/medical-imports-decline/ ' class='cambodia-color'>...a>

Cambodia’s current accounts deficit has increased in recent years, but is not yet a cause for concern, according to experts. The asian Development Bank’s July update showed Cambodia’s current accounts deficit stood at 11 percent of GDP in 2010, and statistics show the trade gap <a href='https://opendevelopmentcambodia.net/news/current-accounts-in-control/ ' class='cambodia-color'>...a>

Cambrew yesterday paid the beer promoters who went on strike in late July to demand that the company abide by an arbitration Council ruling earlier that month that said it owed the women three years of overtime for working on Sundays. The company, which is <a href='https://opendevelopmentcambodia.net/news/cambrew-to-pay-overtime-to-beer-girls-on-monday/ ' class='cambodia-color'>...a>

Three workers at M&amp;V International Manufacturing Ltd’s garment factory in Kampong Chhnang factory fainted yesterday and about 20 others were permitted to stop working for two more days due to poor health, a representative of their union said. Nearly 300 workers fainted at the factory last <a href='https://opendevelopmentcambodia.net/news/garment-factory-back-in-business-after-last-week%e2%80%99s-mass-fainting/ ' class='cambodia-color'>...a>

Several property developers ave approached the Ministry of Finance to ask for licenses after the ministry warned buyers last month not to purchase housing fro developers who are not licensed to sell their properties. The ministry’s warning, issued aug 11, identified three local developers that <a href='https://opendevelopmentcambodia.net/news/property-developers-seek-ministry-licenses/ ' class='cambodia-color'>...a>

Citing a government investigation that revealed factories colluding with unlicensed subcontractors to use unethical labor sources including prisoners, Minister of Commerce Cham Prasidh has asked the Garment Manufacturers association in Cambodia to urge adherence to labor law. Rehabilitation programs meant to teach vocational skills such <a href='https://opendevelopmentcambodia.net/news/officials-move-to-bring-unruly-garment-subcontractors-in-line/ ' class='cambodia-color'>...a>

Shanghai Construction Group has announced it will complete US$700 million in projects in Cambodia over the next five years, highlighting China’s dominant and still-growing presence in the Kingdom. The company presently oversees nine bridge and road construction projects in the Kingdom, according to government relations officer <a href='https://opendevelopmentcambodia.net/news/shanghai-firm-leads-the-way/ ' class='cambodia-color'>...a>

Fueled by a rise in food prices, inflation reached 7.1 percent in July compared to the same month last year, according to data released by the National Institute of Statistics according to the data, the price of meat increased by 16.4 percent in July compared to <a href='https://opendevelopmentcambodia.net/news/julys-inflation-driven-by-high-food-prices/ ' class='cambodia-color'>...a>

The Kingdom’s small and medium enterprises have called on commercial banks and micro-finance institutions to lower interest rates on loans, as insiders have said they hamper SMEs’ potential for growth. Many Cambodian SMEs are concerned that the high interest rates offered by banks reduce productivity, according <a href='https://opendevelopmentcambodia.net/news/smes-call-for-better-loan-rates/ ' class='cambodia-color'>...a>

Trading on the Cambodia Securities Exchange will be delayed once again until the beginning of 2012, Minister of Economy and Finance Keat Chhon said yesterday. He blamed an incomplete regulatory regime and the public’s lack of confidence in the stock market as reasons for the delay, <a href='https://opendevelopmentcambodia.net/news/csx-trading-postponed-again-until-next-year/ ' class='cambodia-color'>...a>

China’s dam-building ambitions and alleged lack of transparency were front and centre yesterday during a roundtable discussion on Mekong River development held in the capital. Representatives from the Chinese embassy defended their country’s record, claiming that China was “eager to participate” in regional cooperation mechanisms. “We aren’t <a href='https://opendevelopmentcambodia.net/news/chinas-dam-plans-dont-hold-water-with-panelists/ ' class='cambodia-color'>...a>

The latest United Nations assessment shows that the damage from flooding is far worse than previously thought, according to a report received by the Post late yesterday. Drawing on data from three ministries as well as the National Committee for Disaster Management (NCDM), the assessment raises <a href='https://opendevelopmentcambodia.net/news/new-un-flood-numbers-grim/ ' class='cambodia-color'>...a>

The government and the US Embassy yesterday signed off on half the nearly $65 million the US is giving Cambodia in aid this year, more than two months after Cambodia cancelled a major meeting with its foreign donors that was scheduled for November. Held roughly every <a href='https://opendevelopmentcambodia.net/news/us-signs-over-65m-in-aid-but-no-sign-of-donor-meeting/ ' class='cambodia-color'>...a>

Ratings agency Standard &amp; Poor’s yesterday lowered Cambodia’s long-term sovereign credit rating by one notch to B due to the country’s continued inability to diversify its economy and increase government spending. The decision by Standard &amp; Poor’s comes after the agency said in September that constraints <a href='https://opendevelopmentcambodia.net/news/sp-downgrades-national-sovereign-debt-rating/ ' class='cambodia-color'>...a>

JAPAN Oil, GAs And MetAls NAtionAl CorporAtion hAs stArted preliminAry surveying As the sole operAtor in CAmbodiA’s Block 17 onshore oil field, A 6,500 squAre-kilometre AreA of hilly forest in KAmpong Thom, PreAh ViheAr And Siem ReAp provinces, According to An EnvironmentAl ImpAct Assessment (EIA) <A href='https://opendevelopmentcAmbodiA.net/news/jApAnese-oil-firm-plAns-cAmbodiAn-operAtions/ ' clAss='cAmbodiA-color'>...A>