Cambodia’s exports to the European Union increased by 40 per cent to a total value of US$1.3 billion in 2011, according to European Trade Commissioner Karel De Gucht, who is in Phnom Penh for the ASEAN-EU Business Summit. “I think it is fair to say ...

The government has predicted that Cambodia’s economic growth will decline to 6.5 per cent next year – down from 7.1 per cent this year – due to global challenges and the possible withdrawal of the EU’s “Everything But Arms” trade agreement. The prediction was made ...

As if highlighting the lack of work skills and experience in the Kingdom, of more than 1,000 job openings in Phnom Penh alone as of last month, only 150 young applicants were successful at the interview stage. Phnom Penh Job Center director Aing Pheareak told ...

The General Department of Taxation (GDT) will continue collecting the annual road tax on vehicles due at the end of last month until the end of the year, but will start cracking down on late payments on January 1, it announced. The taxes can be ...

True Money, a new entrant to Cambodia’s growing mobile money-transfer market, said yesterday it will start operations across the Kingdom from January 1, with the first phase focusing only on local transfers, according to a company official.The money-transfer service, which comes under the Thailand-based Charoen ...

The increase in the government-set minimum wage in the garment sector and lower prices have hit the bottom line of Grand Twins International (GTI), the only company in the sector listed on the stock exchange. The company yesterday reported revenue for the year ended December 31 ...

LGBT Cambodians face a formidable level of prejudice and discrimination, which for many means a life lived in secrecy and isolation, a major new study of attitudes has revealed.The survey of almost 1,600 people, straight and LGBT, across seven provinces, published yesterday, found that a ...

On 29 August 2017, the Ministry of Industry and Handicrafts issued a decision on the adjustment and supplementation of the price of water produced and supplied by Phnom Penh Water Supply Authority for sale to landlord or owner of a building with rented rooms for ...

A recent government report on protecting the country’s natural resources reveals that a total of 1,166 crimes were recorded, but only 873 ended up in court and only 293 of those cases resulted in small fines being issued. The report from the Ministry of Agriculture, Forestry ...

Speaking at a workshop hosted by the World Wildlife Fund for Nature (WWF) on the past four years of conservation in the so-called Eastern Plains Landscape – a project with $1.42 million in funding from the EU and an additional $420,000 from USAID and the ...

Prime Minister Hun Sen, ministers, secretaries of state and 2,500 other civil servants and political figures will receive substantial pay rises after the Council of Ministers approved a draft of the 2017 Draft Law on Financial Management on Friday. During the cabinet meeting, Mr. Hun Sen ...

The Cambodia Securities Exchange- (CSX-) listed Phnom Penh Special Economic Zone (PPSP) reported strong revenue growth reaching $2 million in the third quarter of this year – up 46.96 per cent from $1.4 million in the third quarter of last year. ...

More than 250 families in Preah Vihear province’s Preah Vihear City were evacuated from their homes yesterday and moved to higher ground due to flooding caused by persistent heavy rains that started last week, the provincial governor said. Preah Vihear Governor Oum Mara siad that the ...

The Asian Development Bank (ADB) slashed Cambodia’s GDP growth to 6.4 percent this year, 0.1 percentage point lower than its April’s forecast of 6.5 percent, according to the bank’s Outlook 2012 Update released on Wednesday The bank predicted that Cambodia’s gross domestic product to grow by ...

Flower prices soared considerably due to the official mourning period of Cambodia’s former king, Norodom Sihanouk, according to vendors. Crowds of people set upon flower shops at different markets in Phnom Penh, where tens of thousands of mourners participated in paying their respects to the former ...

Located in a humble, barrack-like building with small offices that are still under construction, Global Security Solutions enjoys the proximity to its biggest customer: Toll Royal Railways. The company not only provides security for embassies, but for petrochemical companies, hotels and airlines as well. Since the ...

Construction costs in the Kingdom have increased only 1.36 per cent year-on-year, compared to Cambodia’s inflation rate, which is projected at 3.5 per cent for 2012, according to a new report from global estate agents CBRE. The company says the minimal increase is due to the ...

More than a thousand garment workers went on strike yesterday morning to demand a minimum wage increase and better working conditions, following the failure of minimum wage negotiations between unions and employers on Monday. Some 600 workers in Kandal province yesterday protested in front of ...

Two financing agreements, implemented by the French Development Agency, were signed on 12 July 2012 at the Ministry of Economy and Finance, in the presence of the Deputy Prime Minister, Minister of Economy and Finance, H.E.M. Keat Chhon, to support two key sectors for economic and rural development of Cambodia. A financing agreement of 800,000 Euros (1 ...

Cambodia exported more than 200,000 tons of milled rice in 2012, the greatest yield on record, though well short of the government target to export 1 million tons by 2015. Speaking at the Ministry of Agriculture’s annual meeting in Phnom Penh, Agriculture Minister Chan Sarun said ...