In his speech to commemorate the 65th anniversary of the Customs and Excise Department, he said the proposal to privatize the collection of customs and excise duties was politically motivated to put pressure on the government.   ...

Cambodia lags behind much of the world in terms of innovation, placing last among other countries in Asia despite significant inflows of foreign investment capital that could be used to develop innovative technologies, according to a new report. ...

Cambodia’s economy remained robust, underpinned by solid export performance and strong domestic demand, even as real growth is expected to decelerate to 7.0 per cent this year from 7.5 per cent last year, the latest World Bank Cambodia Economic Update said on Wednesday. ...

Cambodia has moved up 27 places on a biennial World Bank list that ranks the ease of importing, exporting and transporting goods in different countries. Cambodia was ranked 101 out of the 155 countries included in the World Bank’s report titled Trade Logistics in the Global ...

Only 3.7 percent of Cambodia’s 14 million people have bank accounts with a financial institution, while less than 1 percent of those with an account are actually using them to save money, according to a World Bank report released Tuesday. Though the World Bank’s Global Financial ...

More than 155,000 people in Cambodia are living as modern “slaves”, according to a global index released this week. The global Slavery Index 2014, released on Monday by Australia-based NGO Walk Free Foundation (WFF), ranks Cambodia 14th out of 167 countries for the prevalence of slavery, ...

A British lawyer has asked the International Criminal Court to investigate “widespread and systematic” land grabbing in Cambodia over the past 14 years as a crime against humanity. The complaint filed in The Hague yesterday by lawyer Richard Rogers, who is officially representing 10 Cambodian victims, ...

Public and private sector representatives have urged the Cambodian government to fast-track policies to foster a more “formalised”, compliant and productive small- to medium-size enterprise (SME) sector. Chea Serey, director general at the National Bank of Cambodia said the high cost of regulatory compliance, a ...

The public bus service run by City Hall has been hemorrhaging about $100,000 a month, according to the local authorities.Long Dimanche, spokesman for the Phnom Penh municipality, confirmed the figure yesterday, after it was first revealed by local media following a meeting last week between ...

Cambodia’s economy is expected to grow by 6.7 percent in 2013 thanks to anticipating increases in agriculture, foreign direct investment (FDI) and tourism, the World Bank said in its latest outlook Wednesday. “The growth is based on achieving the dividends from focus on higher rice ...

Gold prices in Cambodia are down about 27 per cent from January through June, according to the Ministry of Commerce. Gold trade changed little yesterday after the biggest drop in almost two weeks in response to the US Federal Reserve Chairman Ben S Bernanke’s comments ...

Cambodia’s property sector is said to be recovering from the global financial crisis according to experts. There has been a 10 percent increase in the number of transactions since 2009 with foreign investment a key aspect of the growth. The formation of anti-corruption laws has ...

About 55,000 Cambodians are victims of forced marriage in Cambodia and they comprise 22 percent of the estimated 256,800 people in modern slavery in Cambodia, according to an Australian NGO’s findings cited in the Global Slavery Index report released yesterday. ...

Widespread corruption, poor health care and a lack of adequate infrastructure continue to make Phnom Penh one of the least livable major cities in the world, according to the annual Global Livability Ranking, released on Thursday by the Economist Intelligence Unit. ...

Mobile phone technology could be an effective means to promote improved health practices among Cambodia’s female entertainment workers and help curb the spread of HIV, according to a new study conducted by the organisation KHANA and the Center for Global Health Research at Touro University ...

The Ministry of Foreign Affairs and International Cooperation expressed strong dismay on Monday over the designation of Cambodian tycoon Oknha Try Pheap and General Kun Kim under the US’ Global Magnitsky Act. “It is very disturbing when the public figures of a country become the ...

The slump in global markets has depressed demand for Cambodian products, leading to reduced growth forecasts by the Asian Development Bank (ADB) for 2012 and 2013. “Falling global demand, especially in Europe and the US, means that the industry sector will grow at a slower pace ...

Cambodia’s inflation rose by 2.2 per cent in August compared to the same month last year, according to the monthly data from the National Institute of Statistics. The increase was due to the rise in food and the fluctuation of gasoline prices. Government officials and economists said the ...

Since 2007, the NGO Pact has been working with the government to turn 68,000 hectares of forest in Oddar Meanchey province into a moneymaking venture for the state just by keeping trees in the area standing. ...

City Hall has taken over the recently launched public bus route in Phnom Penh pending a review of the Chinese-owned firm that is contracted to run the fledgling service, a company official said yesterday. Lim Andre, Global (Cambodia) Trade Development’s manager in Phnom Penh, said yesterday ...