Vietnamese businesses invested more than US$1.78 billion abroad last year, according to the Planning and Investment Ministry’s Foreign Investment Agency (FIA). Among them, Tanzania was the leading investment destination for Vietnamese investors, in terms of registered capital and accounted for 34 per cent of Viet ...

Publicly-listed garments firm Grand Twins International made a small profit this quarter by slashing its costs, although that didn’t stop the company from taking a hit to its revenues, according to its first-quarter results released yesterday. ...

Several years ago, prompted by Prime Minister Hun Sen, Cambodia’s rice exporters set a goal to ship out 1 million tons of milled rice by the end of 2015. But millers and traders now say they are unlikely to reach that goal. ...

The Ministry of Public Works and Transport on Thursday reported that it had inspected over 1.5 million vehicles between December last year and this month, in a continued effort to address the Kingdom’s road safety concerns. “No matter how much money the government spends on ...

The World Health Organisation (WHO) in Cambodia warned that the two newly-flagged variants of SARS-CoV-2 – the coronavirus that causes Covid-19 – formally known as B.1.640 and B.1.1.529 (Omicron) could possibly reach Cambodia soon. The Ministry of Health has also urged public vigilance ahead of ...

Construction of a US$1.6 billion satellite city on Phnom Penh’s Chroy Changvar peninsula will begin this year after officials inked a contract yesterday with local firm Overseas Cambodia Investment Corporation (OCIC). Dubbed “City of the Future”, the project would include a national stadium, a 60-hectare park, ...

The total number of land concessions offered by the government to private agro-industrial firms hit 1.19 million hectares, or 13.5 percent of Cambodia’s total land mass, a senior official at the Ministry of Agriculture said yesterday. The government figure undermines figures released late last year ...

About 1.3 million International visitors arrived in Cambodia in semester one in 2011 with an increase of 13.4 percent if comparing to the same period last year, Tourism Minister announced at a seminar this week. “It is expected that about 2.8 million tourists will pour ...

The government has collected 6,557 billion riel, or about $1.6 billion, in revenues in the first seven months of 2011, a figure that is twice that of the $801 million in revenues that were collected during the same period last year, data released by the ...

One garment worker was killed and 30 others seriously injured on Wednesday when the truck in which they were travelling crashed in Kandal province’s Ang Snuol district, a police official said yesterday. Free Trade Union (FTU) President Chea Mony said all 58 women were workers ...

A total of 1,691 children were hospitalised at Kantha Bopha Children’s Hospital between October 21 and November 21 after an outbreak of haemorrhagic dengue fever. Another 1,626 children were hospitalised at other Kantha Bopha hospitals during the same period, according to a report from the ...

Bilateral trade between Cambodia and Japan reached more than $1 billion in the first half of this year, up 16 per cent year-on-year, according to data from the Japan External Trade Organisation (Jetro). Cambodia’s exports to Japan in the first half of this year grew ...

The Asian Development Bank (ADB) has announced that it will provide $1.45 billion to support a new five-year country partnership strategy (CPS) and help the Kingdom achieve its goal of becoming an upper-middle-income country by 2030, it said on Friday. ...

The training will be conducted through a cooperation between the Ministry of Environment’s General Department of Administration for Nature Conservation and Protection and the US Department of State’s Bureau of International Narcotics and Law Enforcement Affairs, Office of Anti-Crime Programmes (INL/C), and US Forest Service. ...

The World Bank will approve the disbursement of $1 billion to Cambodia to develop priority sectors in the next five years, according to the Ministry of Economy and Finance. The announcement was made by a World Bank delegation during a recent meeting with Acting Minister of ...

The European Union and the Swedish International Development Cooperation Agency (SIDA) have agreed to provide a grant of €33.1 million to support the third phase of Cambodia’s Public Financial Management Reform Program, state news agency AKP announced Friday.   ...

After more than two years of denials from Prime Minister Hun Sen that a Facebook fan page bearing his name really belongs to him, the premier’s cabinet has acknowledged that it does—shortly after the page garnered its one-millionth “like.” ...

The National Bank of Cambodia held a seminar on the state of the economy in the first half of the fiscal year on Saturday, forecasting 7.1 per cent GDP growth for the rest of the year. ...

Cambodian conglomerate Royal Group yesterday signed a $1.5 billion memorandum of understanding with Chinese conglomerate Herun Group to establish a real estate development company in Cambodia, invest in other sectors, and possibly list units of Royal Group on stock exchanges in China, executives from the ...

A high-speed police chase across Stung Treng province early Monday morning led to the confiscation of more than 1.5 tons of rosewood, but only after an SUV plowed into a police truck blocking the road, with two suspects eventually fleeing on foot. ...