Farmers in Pailin province have complained about a shortage of workers during this year’s corn and cassava harvesting season. Meas Loeun, team leader of Momean Moy community’s 38 teams in Pailin, said the shortage of workers to help harvest corn and cassava is a major challenge ...

As Cambodia’s economy continues to grow, advertising in the country has developed to keep pace. But the industry still faces challenges, insiders say. According to Media Adex data by Indochina Research, which monitors advertising spending for TV and print (but not radio) $105.4 million was ...

A senior government official said a new Siem Reap International Airport (NSRIA) being developed with $1 billion of investment by two Korean companies is still on track. NSRIA is wholly owned by two Korean companies, Camco Airport Co and Lees A&A, which held 50 per cent each ...

Group Lease has decided to raise the capital of its wholly owned Singaporean subsidiary Group Lease Holdings to serve as the main funding source for its Cambodian motorcycle leasing operations after six months of satisfactory trial operations there. Cambodia, which is managed by Group Lease’s ...

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 ...

Since being designated for development by the municipal government in 2006, Koh Pich has been abuzz with activity. Now covered in the widest, least-congested roads in central Phnom Penh, this island is filling up quickly with residential, retail and hospitality projects aimed at affluent locals ...

Cambodia has imported 871,000 tons of petroleum in the first six months of the year, a 5.6 percent decline compared with the 922,800 tons at the same period last year, the figures of the Ministry of Commerce showed Monday. During the January-June period this year, the ...

Cambodia’s 11-year-old investment law may be the most liberal in the region, according to the World Bank, but in practice, day-to-day business operations are far from simple, economists and business operators say. Mey Kalyan, senior adviser to the Supreme National Economic Council, said that despite a ...

The Association of the Southeast Asian Nations, known as ASEAN, has chosen 2015 as the year to realize its economic integration as the ASEAN Economic Community. Yet, there are only several months left, ASEAN doesn’t seem​ to be ready. How can ASEAN realize this goal? Although ...

Rights groups are calling out the Australian government for being “curiously absent” from discussions about further compensation for thousands of families affected by a railway rehabilitation project that it co-funded with the Asian Development Bank. The Bank has borne the brunt of criticism over botched resettlement ...

Two of Cambodia’s largest financial service providers have reported declines in transactions stemming from key Thai border provinces as thousands of undocumented migrant workers continue to exit the neighbouring country. Third-party payments and remittance service Wing has seen a 3 per cent decline in the amount ...

A lack of innovation has contributed to Cambodia dropping seven spots on the World Economic Forum’s 2014-15 Global Competitiveness Report (GCR), which was released on Wednesday. The Kingdom ranked 95th out of 144 countries, down from 88th in the previous report, according to the GCR. Apart ...

The Asian Development Bank (ADB) and the Government of Japan are supporting a grassroots project to manage risks and reduce impacts from floods and other natural disasters in vulnerable communities in Cambodia. ...

As the World Bank considers supplying fresh loans to Cambodia, a new study uses the country as exhibit A for how the financier effectively sponsors corporate land grabs at the expense of the rural poor it purportedly helps. Three years ago, the Bank’s own inspectors found ...

More than 100 unofficial lenders have flooded into the National Bank of Cambodia seeking formal registration after the authorities announced a crackdown earlier this month on unrecognised operators. In a joint declaration from the Ministry of Economy and Finance and the NBC on February 2, officials ...

More than 100 unofficial lenders have flooded into the National Bank of Cambodia seeking formal registration after the authorities announced a crackdown earlier this month on unrecognised operators. In a joint declaration from the Ministry of Economy and Finance and the NBC on February 2, officials ...

The private sector and industry professionals were engaged yesterday in the first consultation with the Asian Development Bank (ADB) and the government in an effort to understand the factors affecting Cambodia’s economy, and ultimately determined that human capital, infrastructure, innovation and regulatory issues as the key areas ...

As much as local people are benefiting from the Asian Development Bank’s (ADB) recovery project following last year’s record floods, they aren’t receiving all the benefits they could, according to some accounts. Operating in five provinces of Cambodia to restore road access to those affected by the floods, ...

Prime Minister Hun Sen yesterday hit back at claims that China had influenced Cambodia’s actions as chair of Asean, insisting that the visit of Chinese President Hu Jintao last weekend was not related to this week’s Asean Summit. Speaking at the closing of the summit at ...

Angkor Gold Corp. (TSXV:ANK4) acquired Liberty Mining ad Transol Mining, owners of the 209 square kilometre Andong Meas concession in Cambodia. As quoted in the press release: “The Acquisition results in two significant accomplishments. First, it adds 100% ownership of an entirely new 209-square kilometre concession known ...