Buoyed by strong demand from the economies of Europe and North America, the total amount of garment, shoe and textile exports that left Cambodia last year was on target to surpass the $4 billion mark, dwarfing 2010’s total of $2.88 billion, the Garment Manufacturers Association ...

CAMBODIA’S total food and beverage imports jumped 28 percent year-on-year through June to US$74 million, as domestic demand continued to outpace the Kingdom’s production capacity. The demand comes as Cambodia’s economy regains momentum following the global financial crisis, said officials at the Ministry of Commerce, ...

Human rights groups are warning that Cambodia’s new Prison Law will create financial incentives for violations of human rights within the Kingdom’s prisons and tarnish the image of the country’s most lucrative export industry: footwear and garments. They point to Article 71 of the new law, ...

Despite growing exports, freight companies say profits are being hit because most firms still use old, inefficient trucks and are often forced to pay custom officials informal fees at border checkpoints and ports. Transportation costs in Cambodia are already some of the highest in the region, ...

Cambodia’s cassava exports reached 245,438 tonnes in the first quarter this year, a 47 per cent decline quarter-on-quarter, from 465,640 tonnes in the final quarter of last year, according to statistics from the Ministry of Commerce released early this month. While most exports went to Thailand, ...

The expanding banking sector and the spread of microfinance institutions (MFIs) in rural areas have failed to elbow informal, unlicensed money lending out of the market, industry experts say. Fast and easy access to money – as well as the fear of “losing face” by borrowing ...

Kompong Cham provincial governor Lun Lim Thai on Tuesday ordered authorities to step up long-running efforts to reduce the smuggling of unprocessed rubber resin from the province into Vietnam. Those smuggling resin to processors across the border should be more actively pursued and instead forced to ...

Since 2011, an estimated 3,000 resin trees have been illegally razed by rogue loggers and a land concessionaire operating in Mondulkiri’s Sen Monorom district, villagers claimed yesterday. Resin trees are a vital source of income for the Phnong ethnic community in Sokdom commune, according to Thleuk ...

Marches through the capital will take place as part of the Cambodia National Rescue Party’s days-long sit-in, scheduled to begin on Sunday, opposition leader Sam Rainsy said. “We will march through Phnom Penh. We will stay [at Freedom Park] day and night,” Rainsy told thousands of ...

When the extent of flood damage becomes clear, the Asian Development Bank may lower its economic growth forecast for Cambodia to reflect the severity of the aftermath, a senior official with agency’s local office said yesterday. “It is possible that we will have to revise downward ...

Locally owned Singapore Banking Corp. (SBC) will rebrand itself Thursday as Cathay United Bank (Cambodia) Corp. Ltd., or CUBC, as part of a deal that finalizes the acquisition of SBC by Taiwanese financial corporation Cathay United Bank, according to a copy of a speech that ...

On the Sesan and Srepok rivers in the northeast, boats of all shapes and sizes lug timber back and forth between the banks. Men wait on craggy land alongside the water with jerry-rigged winches and homemade vehicles to drag precious cargo up steep inclines. Fallen ...

Families displaced by the construction of the Phnom Penh-Sihanoukville expressway have again asked the government for fair compensation so that they can find new homes. More than 130 families from Kamboul commune – in Phnom Penh’s Kamboul district – affected by Cambodia’s first expressway project ...

Svay Pak is an internationally known district for child sex in Cambodia’s capital of Phnom Penh, where foreign men come to seek sex with young girls. According to a 2011 study by ECPAT Cambodia, around 75 percent of the victims of sex trafficking within Cambodia were children. The study also ...

Open source software is an important way forward and a useful impetus for development in Cambodia, according to attendees of the Kingdom’s first software conference this weekend. The conference, which centred on TYPO3, an open source content management system (CMS), was held this past weekend ...

Manila–Incoming bird and poultry shipments from countries affected by the highly pathogenic avian influenza (HPAI) will be seized and destroyed given concerns of a resurgence, the government said. The Agriculture department last Friday announce heightened surveillance at all ports of entry as well as the ...

Cambodian garment makers are filling orders for the 2012 London Olympics in what insiders say is the first time the country has supplied the Games. ShenZhou International Group Holdings Ltd, one of China’s largest apparel exporters, makes shirts and other sportswear for Adidas that will supply ...

Cambodia Advance Communications Ltd, operating under the brand qb, is in talks to either merge with or acquire Thai majority-owned Mfone, a senior government official said yesterday. The talks come amid recent speculation that operators in Cambodia’s oversaturated telecommunications market would have to consolidate in order ...

Depending on who you believe, the South China Sea could be the next Persian Gulf due to its untapped oil and gas deposits. It’s also a key shipping lane that the US Navy has guarded for decades. That’s why so many countries are sparring over remote ...

When the harvest season for Kampot pepper starts next month, farmers in Kampot province expect this year’s crop to yield more than 17 percent above last year, a representative of the farmers said. Nguon Lay, president of the Kampot Pepper Association, said last week that ...