While rising inflation poses some financial challenges for rural farmers, it generally isn’t preventing them from paying off loans from microfinance institutions (MFIs). Farmers tend to be able to pay their loans off even though higher prices of food, fuel, fertilizer, pesticides, labor, and some ...

President of Laos National Assembly, Her Excellency Pany Yathotou, on September 1st arrived here for the four-day official visit in order to strengthen bilateral cooperation between the neighboring countries “Both sides will exchange visits of the officials and lawmakers of National Assemblies to strengthen bonds and ...

The long awaited first security listing on the Cambodian Securities Exchange became a reality on February 23 with the Security Exchange Commission of Cambodia’s “in principle” approval of Phnom Penh Water Supply Authority’s (PPWSA) “disclosure document for public issuance of equity securities”. This is effectively a ...

South Korea replaced the UK as the largest investor in Cambodia last year, with about $287 million injected, 12.5 per cent of the total foreign direct investment, according to data from the Council for the Development of Cambodia (CDC). This represents 33 per cent ...

Under dazzling white strip-lights, a production line of young Cambodians stitch, iron and fold their way to the day’s target of 820 two-piece children’s pajamas. These garments are destined for the shelves of Los Angeles, shop price $9.97. The workers, mostly women, start at 7:30 ...

The real growth rate of the industry sector has been revised downwardly by half a percentage point against the previous estimate to 8.8 percent year-on-year in 2012. A scaling down of the growth estimate of the textile and garment sub sector, as a result of persistently weaker demand in the European and US ...

About 1,500 representatives of military families in Oddar Meanchey province are planning to file a complaint directly to Prime Minister Hun Sen’s office accusing a high-ranking Royal Cambodian Armed Forces general of selling a large chunk of their land to two Vietnamese rubber companies. The soldiers, ...

It has been more than two years since the Cambodian government issued a rice export policy in June 2010, aiming to export a million tonnes of milled rice by 2015. However, a shortage of capital to buy unmilled rice, known as “paddy”, together with high ...

With demand for shopping space in Cambodia on the rise and investor interest growing, the Japanese developer Aeon Mall (Cambodia) Co Ltd last week broke ground on the construction of a US$205-million mall in Phnom Penh. “We are happy to contribute to the development of ...

Peering out over the Tonle Sap River in Phnom Penh from a sixteenth-storey private balcony at the new Bellevue Apartments, one could watch for hours as cranes swing back in forth over all the new developments on the west side of the water. “Phnom ...

Authorities in Battambang province on Saturday summoned two villagers from Salmot district’s Ta Sanh commune after they refused to hand over money to officials asking for donations to feed students working in the area as part of the government’s nationwide land titling project. Heng ...

In the past four years, families in Anlong Chrey village, in Kampong Speu provinces’s Thpong district, have watched a small multipurpose dam being built at their back doors. For village chief Soung Pao, 59, who gave up two hectares for the dam – one of ...

At Cambodia’s first ever international motor show over the weekend, top-end car manufactures including Mercedez-Benz, BMW and Ford presented their luxury range of SUV’s, sedans pickup trucks and motorbikes. Vehicle imports to Cambodia, which include cars, trucks and motorcycles, more than doubled to 1.9 million ...

The British chairman of a Biofuel firm is facing up to 15 years in jail after he was arrested by the Anti-Corruption Unit (ACU) in Phnom Penh on Saturday and charged with forgery, a court official said yesterday. Gregg Fryett’s company, Sustainable Agro Energy, has been ...

Prime Minister Hun Sen chastised local authorities in Preah Sihanouk province on Friday for their inability to prevent a water shortage in early April that crippled businesses in the tourist hub of Sihanoukville and left locals without running water for almost a week. The incident ...

More than 70 ethnic minority Banong families from two separate villages in Moldolkirri province’s Keo Seima district received communal titles to a combined 1,031 hectares of ancestral land from the Land Management Minister Im Chhun Lim on Saturday. Communal land titles were established under the 2001 ...

Cambodia’s Ministry of Tourism on Wednesday finalized its 5-year strategic plan to attract at least 1.3 million Chinese visitors by 2018. Speaking at a seminar on Cambodia tourism marketing strategy targeting China, So Visothy, director of the Tourism Ministry’s Marketing and Promotion Department, said that currently ...

Dotted with rice fields flanked by palm trees, Cambodia’s southeastern province of Kampong Speu is nothing short of picturesque. But behind the idyllic exterior is an on-going struggle to turn this region’s natural beauty into a global attraction and improve the lot of poor local farmers, ...

Cambodia’s economy is on track to maintain its robust recovery thanks to a cocktail of private sector and government efforts. In 2012, the Asian Development Bank estimated that gross domestic product grew at a rate of 7.2 per cent, an increase from a 2011 International ...

Major financial institutions show more trust in providing loans to the agricultural sector, evidenced by increasing agricultural loan disbursement, thanks to potential growth in the sector and better preparation of financial report among borrowers, according to industry insiders. Acleda Bank, Cambodia’s largest domestically owned bank, has ...