The business community has welcomed a government decision to ease restrictions for local and foreign investors who reside in the Kingdom, particularly the waiver of hotel quarantine and the option to isolate at home. ...

The momentum toward large-scale dams on the Mekong River may be unstoppable, but governments must work fast to mitigate their effects on fisheries and biodiversity or risk long-term food insecurity for millions of people whose lives depend on the river and its tributaries, leading academics ...

The Court of Appeal on Friday overruled a decision by the Municipal Court ordering the company 7NG Group to provide a total of $195,000 in compensation to 13 families whose houses were destroyed during the violent eviction of the Dey Krahorm community in 2009. “The Court ...

Lending by microfinance institutions (MFIs) rose about 50 percent at an annualized rate during the first nine months of the year, according to the Cambodia Microfinance Association, which said the surge was sparked by economic stability and an increase in demand from clients wanting to ...

Tourism industry executives and government officials from Thailand and Cambodia gathered in Phnom Penh yesterday for a roadshow on the meetings, incentives, conferences and exhibitions (MICE) segment of the tourism industry to find ways to work together to drive new business.   ...

Rosatom, Russia’s state nuclear-energy agency, is bullish on the outlook of its business in Southeast Asia after the speedy development of a project in Vietnam and a range of agreements with every country in the region except Singapore, the Philippines and Brunei. ...

As a result of the meeting with the specialist commissions, Minister of Labor Ith Samheng said that nearly 50 percent of the comments given by union leaders, business owners, development partners and the government were used to make changes in the draft union law yesterday. ...

The Ministry of Agriculture has rejected a request from private-sector rubber firms – led by agricultural tycoon Mong Reththy – for a meeting to discuss the floundering fortunes of the nation’s rubber sector, claiming the ministry was busy and was already addressing the issue. ...

The country’s political and business elite dug deep into their pockets on Sunday for the Cambodian Red Cross’ (CRC) annual fundraising drive in Phnom Penh, contributing a total of $13.43 million during an event marking World Red Cross Day.   ...

The Cambodia Chamber of Commerce (CCC) will for the first time sign bilateral cooperation agreements with Malaysia’s External Trade Development Corporation (Matrade) to pave the way for businesses in both countries to carry out matching activities, like events and expositions. ...

The International Finance Corporation (IFC), a member of the World Bank Group, has provided a $13 million loan to support a higher education campus for the Acleda Institute of Business that will help raise education standards, enhance students’ employability and encourage sustainable economic growth. ...

Cambodian casino operator NagaCorp Ltd. posted a net profit of $172.6 million last year, a 27 per cent increase over the previous year, attributing the surge to increased business volume across all gaming segments at its NagaWorld casino complex in Phnom Penh. ...

The Thai government plans to build a special economic zone (SEZ) worth about $141.6 million in Sa Kaeo, which borders the Kingdom’s Banteay Meanchey and Battambang provinces, to serve SMEs that aim to expand their business into Cambodia, according a Thai media report. ...

The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMAC) has sought support from the anti-corruption organization Transparency International, to prepare it to be a graft-free business entity and help its members to be listed on the Cambodia Stock Exchange (CSX). ...

Government officials reacted strongly yesterday to a recent statement by NGO Global Witness calling on Switzerland, the host of this year’s World Economic Forum, to turn away Prime Minister Hun Sen and not give him a platform to find new international business partners. ...

South Korea is pushing forward with discussions to hammer out a double taxation agreement (DTA) with the Kingdom that would provide an additional incentive for Korean businesses to set up shop and increase fiscal transparency while shielding individuals and corporations from being taxed twice. ...

The industry body representing Cambodia’s garment sector issued a statement yesterday urging the government to help manufacturers reduce the cost of doing business in order to offset a higher minimum wage and workers benefit package due to come into effect on January 1. ...

Cambodian and Chinese officials and business leaders yesterday signed 19 agreements during a visit to Phnom Penh by Chinese Premier Li Keqiang, boosting Chinese investment at a time when the regional power has upped its economic and political support for Hun Sen’s government.​ ...

The government will begin to pay out of pocket for severance wages for labourers at abruptly shuttered factories whose owners have fled, effectively enacting a pro-worker policy without further burdening private businesses – albeit at the risk of discouraging good corporate citizenship, experts say. ...

Banteay Meanchey provincial authorities yesterday began issuing a new border pass for residents who wish to cross into Thailand for business. The statement said the new border pass will cost $5 and be valid for two years for multiple entries in and out of Thailand.  ...