Cambodia needed to invest in women to aid its development and integration into the ASEAN economic community, United Nations Under Secretary-General Noeleen Heyzer said yesterday. Heyzer, executive secretary of the Economic and Social Commission for Asia and the Pacific(ESCAP), met with Minister of Women’s Affairs Ing Kantha ...

Confidence in the Cambodian economy has plummeted roughly 50 per cent in the tense post-election period, according to a market research survey of foreign business leaders working in the country. The survey, conducted by Indochina Research and seen by the Post this week, found that 98 ...

The Kingdom’s software development sector is being seen as an increasingly important player in the country’s move to strengthen its tourism industry and provide visitors with the latest conveniences. Stephane Combre, a developer at To Do in Cambodia, said that the firm’s platform, launched in ...

Hiroshi Uematsu had a tough start in Cambodia, where he heads an economic zone that aims to attract business from his native Japan. He arrived just before the global financial crisis sent the Asian Economic Minnow’s exports into a tailspin and dried up investment interest. Now, ...

The Ministry of Planning is to release today preliminary results of Cambodia’s first agricultural industry census, which promises to provide the biggest ever snapshot of the key sector. According to a press release issued yesterday by the ministry, the census’ preliminary results will include the number ...

The European Union will spend €3 million ($3.9 million) on a program to encourage small and medium enterprises to invest in Cambodia. Speaking at a conference yesterday in Phnom Penh, EU Ambassador to Cambodia Jean-Francois Cautain said the five-year grant – to be managed by EuroCham ...

Many types of Vietnamese goods have faced strong competition of imported products from nations in the Southeast Asian region, while local businesses have met difficulties in broadening the presence of their products in these markets. For the last ten years, many businesses in Ho Chi Minh ...

The body overseeing the Anti-Corruption Unit (ACU) has made public internal regulations that prohibit ACU personnel from receiving gifts worth more than $25 and require them to report business dinners in advance, while also making rare disclosures about the kinds of items proffered to the ...

As many small and medium-sized enterprises (SMEs) struggle to stay afloat because of current economic challenges, many entrepreneurs in the kingdom are adapting and taking advantage of opening businesses online and using social media and its technology as a business tool. ...

Prime Minister Hun Sen urged the Ministry of Justice to expedite the establishment of a commercial court and to operationalise it as soon as this year. This is to ensure the resolution of trade and business disputes and to improve the investment and business climate ...

The National Bank of Cambodia (NBC) Governor Chea Serey encouraged businesses in the Kingdom to prioritize internal policies to pay staff salaries in Khmer Riel (KHR) as opposed to the US dollar (USD), especially in regards to businesses involved in the garment, textile and footwear ...

The government will likely sell a Japanese-style medical service to Cambodia in a package that includes an emergency care center, a medical graduate school and an insurance system. The government has decided to seek a market for the medical service in emerging nations in the Association ...

The Japanese and U.S. governments are set to launch a joint project to help empower women in developing countries in Asia, including Cambodia and Myanmar, as well as Africa, officials of both governments said Saturday. The two governments came up with the project as both Prime ...

Prime Minister Hun Sen on Friday issued a statement ordering that anti-graft education be incorporated into the national schooling system as part of a wider effort to stamp out corruption in the country. The statement, released in the lead-up to International Anti-Corruption Day, which falls today, ...

Skyscrapers, supermarkets and high-end clothing stores along Sihanouk Boulevard may reflect the increasingly affluent side of Phnom Penh, but turning down busy Street 63 toward Central Market the scene is more warzone than Asean capital, with air thick with dust and the road peppered with ...

SET-listed Group Lease Plc (GL) plans to acquire a microfinance company in Cambodia as part of its effort to boost overseas revenue to more than 50% by 2015. GL’s chief executive Mitsuji Konoshita said negotiations are nearly finalised and the acquisition will be made through ...

Twenty-two factories that did not take the appropriate measures to shut down their businesses have 30 days in which to rectify the problem or face legal action from the government, the Council for the Development of Cambodia (CDC) said in a public announcement yesterday The announcement ...

Total fixed assets of Singaporean investment in Cambodia last year reached $82.7 million, a 500 per cent increase from $13.8 million in 2011, data from the Council for the Development of Cambodia (CDC) show. Singaporean entrepreneurs who have already entered the Cambodian market said they expect ...

Cambodia had granted operating licenses to 606 new companies in the first quarter of this year, a 33 percent decrease compared with the 904 firms at the same period last year, the Commerce Ministry’s report showed Tuesday. Yim Rom, an official at the ministry’s statistics ...