As property prices in Phnom Penh and Siem Reap continue to push upwards, many investors are quickly being priced out of these first-tier markets. Looking at second-tier cities around the Kingdom, Sihanoukville in particular stands out as an investment destination worth serious consideration. Named after the ...

Towering temples and graceful apsaras are missing from a new Cambodia-themed photo show. Instead, camera lenses focused on corruption. The photos show poverty, inadequate sewage systems and parking squeezes at markets. Contest rules allowed photos to be staged—as long as contestants clarified that a photo was ...

Prime Minister Hun Sen on Wednesday appealed to rice millers and paddy buyers not to lower prices and to secure better rates for farmers facing difficulties in the early harvest season. The Cambodian Rice Federation (CRF) said the low prices were due to an influx ...

In a rare moment of honesty a Cambodian official has admitted his doubts about his country’s ability to meet regional expectations in time for the launch of the much vaunted ASEAN Economic Community (AEC) by the end of 2015. “If you talk about short-term: Yes, we ...

Cambodian migrants working in Thailand to process chicken for European consumers are forced into debt bondage and subjected to a range of rights violations, according to a new report.Trapped in the Kitchen of the World, which was released on Wednesday by European NGOs Swedwatch and ...

The Youth Resource Development Programme (YRDP) and a group of youths have asked the government to include students and monks in the government’s National Social Security Fund (NSSF) so they can receive social protection services for free such as health examinations and treatment. The proposal ...

On 13 August 2021, National Committee for Coastal Area Management issued a press release on authorization by the Royal Government to implement a project to improve the mud​ beach into a 2,700-meter height public beach from crab market to mangrove forests located in Phum Thmei, ...

The National Bank of Cambodia (NBC) has scheduled four foreign exchange auctions this September to infuse a total of $50 million into the market. The move comes at a critical time, with experts viewing it as a significant step towards stabilising the Cambodian riel against ...

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 ...