Loans and deposits at Cambodia’s 32 commercial banks rose by more than 30 per cent and 20 per cent, respectively, year-on-year in the first half of 2012, which the central bank governor and economists said reflected the growth in economic activities even as export growth ...

Cambodia on Wednesday inaugurated a 128-kilometer China-funded national road No. 62 in an effort to boost social and economic development in northern provinces. The road, from Kampong Thom province’s Kampong Svay district to the provincial town of Preah Vihear province, cost about 52 million U.S. dollars ...

The Phnom Penh Municipal Court has charged four senior officials at the Ministry of of Land Management with corruption and placed them in pretrial detention at Prey Sar prison on Thursday evening, officials said. On Monday, Sa Reth Boramy, deputy director of the ministry’s department of land ...

Trade between Vietnam and Cambodia exceeded US$1.9 billion dollars in the first seven months of this year, the High Quality Vietnamese Goods Business Association said yesterday. Speaking at a news conference, an association official said Vietnamese exports to Cambodia came to $1.6 billion in the seven ...

Cambodians for Resource Revenue Transparency (CRRT) will host a one-day National Conference Nov. 2 on the Best Practice of Governance in Extractive Industries and Revenue Management. The conference, to be attended by representatives from the Association of South East Asia Nations (ASEAN), will also include representatives ...

The exports of garments and textiles from Southeast Asian nation of Cambodia grew to US$ 4.61 billion, up nine percent over total textiles and garment exports worth US$ 4.24 billion made in 2011, according to The Phnom Penh Post report. However, the rise in garment ...

Stevia Nutra Corporation, a Canadian agro-company, said in a press release on Friday that the initial growing season of stevia, commonly known as sweetleaf, in Cambodia was successfully completed. The first harvest of high-quality stevia leaves has now commenced and samples have been prepared for testing ...

Cambodia’s Angkor Wat temples, one of the world heritage sites, received 694,700 foreign tourists in the first quarter of this year, a 8 percent rise from the same period last year, the statistics of Siem Reap provincial tourism department showed Friday. The top three countries visiting ...

Cambodia’s first dairy factory is being planned for Phnom Penh, as one of the owners, a Vietnam-based dairy company, hopes to tap strong local demand for its products. The 2.7-hectare factory, in the Phnom Penh Special Economic Zone (PPSEZ), would produce condensed milk, yoghurt and UHT ...

Police at border checkpoints have in the past weeks stopped more than 2,200 people in Banteay Meanchey province from crossing into Thailand to look for better paid work, officials said yesterday. The focus on Cambodian workers migrating to Thailand-many illegally-comes amid a shortage of labor at ...

Most demands made by workers at a Takeo province garment factory were met following a large protest and five hours of negotiation. Asia Dragon (Garment) Co Ltd mediated with the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU), making concessions on most of the workers’ 16 ...

Cambodia recorded a sharp rise in milled rice export in the first three months of 2012 thanks to increasing international market demand and more investment in post- harvest technologies, Prime Minister Hun Sen said Friday. A commerce report showed that the country exported 95,230 tons ...

Rubber exports from Cambodia were up over 17 per cent in the first quarter of 2013, but the revenue from rubber stayed steady as prices decline worldwide, according to data from the Ministry of Commerce. The data showed that in the first quarter of this year, ...

Cambodians, particularly young adults, are more often turning to banks to help them buy their homes, according to figures obtained from the National Bank of Cambodia (NBC) yesterday. From $179 million in 2008, the total sum lent out to those buyers fell to $94.5 million ...

The opposition CNRP will today present the National Election Committee (NEC) with its findings from a nationwide effort to gather election-day complaints—of which the party has received at least 18,400—but believes this represents only a fraction of polling day irregularities. CNRP officials in Phnom Penh, where ...

The Court of Appeal yesterday upheld a verdict by Kompong Chhang Provincial Court over a land dispute in Konmpong Tralach district between a 70-year old woman and a company owned by the wife of the Minister of Industry, Mines and Energy over a 3,000-square-meter parcel ...

AEON Microfinance (Cambodia) Co, part of Japan-based AEON Group, said sales by instalment for electrical appliances and motorbikes increased by 715 per cent in the first quarter of 2013 year on year, a trend industry experts say will grow further with increasing demand for electronics. Started ...

Recent Mekong River flash floods have entirely damaged 113,260 hectares of rice paddies, or 4.4 percent of the total rice-planted area of 2.56 million hectares, according to an agricultural report Tuesday. “The floods had affected 369,346 hectares of rice paddies. Of the figures, 113,260 hectares ...

Mong Reththy Group is co-investing $2 million to build a factory in Preah Sihanouk province for the packaging and export of Cambodian mangoes, the first company to formally ship the fruit overseas. Located in Koe Phos commune, the factory will cover 12 hectares of land and ...

In their final deployment as part of Prime Minister Hun Sen’s national land-titling program, 55 student youth volunteers will be sent to measure 50,000 hectares of land following a nearly six-month moratorium on the program. The deployment was officially launched at a ceremony in Kandal province ...