The Department of Foreign Trade plans to set up a “rice trade zone” project in the East to process Cambodian rice for export to other countries. Tikhumporn Natvaratat, deputy director-general of the department, said his organisation plans to implement the project in Chanthaburi, Trat, Sa Kaeo ...

Like the telecommunications industry in Cambodia, the market for internet service providers (ISP), too, is overcrowded, leading industry experts to say that the situation is preventing new investment. Data from the Ministry of Post and Telecommunications showed that at the end of 2012, Cambodia had ...

Trade between Thailand and Cambodia went off in a wild divergence in the first quarter of this year. Exports from Cambodia rose 19% to US$102 million (2.9 billion baht) year-on-year, while Thailand’s imports recorded a 4% decline to $1 billion, the Phnom Penh Post reported on ...

Accessing low-interest loans for rice cultivation is a challenge because the industry in Cambodia is dependant upon rainfall and not irrigation and is thus more risky, experts said last week. In a meeting on the private sector development in the rice sector, Lim Heng, vice president ...

Cambodian microfinance institution (MFI) Sathapana Limited will receive $15 million in loans to provide additional support to small- and medium-size enterprises (SMEs), which make up the vast majority of the country’s businesses. The loan comes courtesy of German Investment and Development Company DEG, a subsidiary of ...

The Government of Cambodia and the Asian Development Bank (ADB) on Monday signed loan agreements worth $70 million to expand the country’s rice sector and promote reforms in the finance sector, an ADB’s statement said. Signed by Cambodian Deputy Prime Minister and Finance Minister Keat Chhon ...

Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong will lead a group of senior officials representing relevant ministries to attend the first meeting of Cambodia-China Intergovernmental Coordination Committee to be held from Jan. 1 to 3 in Beijing. The Cambodian Ministry of Foreign Affairs said ...

Government representatives and union leaders will soon hold meetings to discuss garment worker’s salary increase for 2014, according to a union leader Friday. “Negotiations with factory employers to increase the salary for workers in the garment sector is scheduled to take place some time this August,” ...

About 1,000 members of the Cambodian Grassroots People’s Assembly—a network of communities throughout the country that includes farmers as well as land and labor activists—will rally at Freedom Park on Monday to demand an end to the current political impasse. The ruling CPP and opposition CNRP ...

Cambodia’s inflation rate has accelerated to 2.9 percent in the first six months of the year, up from 1.8 percent over the same period last year, according to a report of the National Bank of Cambodia (NBC) on Wednesday. “The rate, below 3 percent, is low ...

OZ Minerals has emerged with 16 per cent of Cambodia-focused Renaissance Minerals after agreeing to push back a deal that could have forced the gold explorer to stump up a $10 million payment on its Okvau deposit in the South-East Asian nation. Renaissance’s purchase of the ...

Villagers involved in a land dispute in Battambang province on Monday temporarily detained six men working for an agribusiness firm who were preparing the disputed land to be cleared, residents and police said. The six workers were using mine detectors to check for unexploded ordnance in ...

With the opposition CNRP set to hold a rally at their party headquarters in Kompong Cham province Sunday, the CPP government deployed hundreds of police and military police to the area as ruling party supporters staged a rival rally, forcing opposition leaders to call off ...

More than 1,500 villagers plan to march to the Anti-Corruption Unit and National Assembly in Phnom Penh on Thursday in defiance of a fresh ban issued by City Hall prohibiting them from doing so. The villagers form a group known as the Land Communities for Peace ...

Developer Shukaku has sold off close to 1.3 hectares of land at the capital’s controversial Boeung Kak lake site to a Singapore-listed HLH Group company, according to a statement from HLH. HLH subsidiary D’Lotus Development purchased the land at Boeung Kak in Daun Penh district for ...

For Cambodians with disabilities, the launch of two major initiatives in the past two days designed to improve their lives has brought some optimism about the future—tempered by a note of caution. At Koh Pich island on Thursday, in front of a crowd of more than ...

Residents of Phnom Penh’s Boeng Kak neighborhood lodged a formal complaint with the Anti-Corruption Unit (ACU) on Monday, asking it to investigate 12 current and former government officials and Senator Lao Meng Khin over the senator’s plans to sell land they say was stolen from ...

Senior opposition lawmaker Son Chhay has formally requested that the entire staff list of the National Assembly’s more than 1,000-strong secretariat be turned over to him for investigation as part of a bid to root out “ghost” workers and nepotistic appointments. As part of his one-man ...

Grand Twins International (GTI), one of two listed firms on the Cambodian Stock Exchange, has blamed third-quarter revenue losses on garment-worker demonstrations in December and January. On November 21, GTI posted a 40 per cent decline in revenue to $10.9 million for the three-month period ending ...

Cambodia migrant workers last year sent $2.8 billion back home in remittances, according to the latest report by the Ministry of Labour and Vocational Training. Speaking at an annual gathering last week, Minister Ith Sam Heng said the ministry continues to manage the employment and labour ...