The Taiwanese-owned garment company Grand Twins International (Cambodia) Plc says it intends to list on the Cambodia Securities Exchange (CSX) next month, in a boost for the Kingdom’s nascent stock market. Phnom Penh Securities (PPS), an underwriter for Grand Twins International (GTI), said yesterday the company ...

Almost five months after the launch of the Credit Bureau Cambodia (CBC), experts agree that it has given financial institutions valuable new access to information about creditworthiness of potential borrowers, improving efficiency and loan quality. At the same time, there are still a few rough ...

More than 800 street vendors and drivers of taxis, tuk-tuks and motorcycles working the border area between Banteay Meanchey province and Thailand yesterday marched through Poipet City calling for an end to the rampant corruption being carried out by border officials. Migrant workers who cross ...

Profitable income generation has many sources. Whether it requires work in an office, trading on the market or farming land – the outcome always depends on the innovation and effort of the individual. For Pring Leang, the sources are three small fields in Kampong Por village ...

Cambodia Hotel Association (CHA) has distributed $150 million financial aid from the government to revive the country’s tourism sector hit by the Covid-19 pandemic, a senior official said. ...

Cambodia’s total trade volume was valued at $27.2 billion in the first half of 2022, up 20 percent from 22.6 billion dollars over the same period last year, according to an official report released on Tuesday. ...

Cambodia approved fixed-asset investment projects worth $1.39 billion in the first two months of 2024, a significant rise of about 500 percent compared to the same period last year, a Council for the Development of Cambodia (CDC)’s report said on Sunday. ...

Prime Minister Hun Sen praised journalists and a large number of local press institutions for making efforts to prevent the spread of fake news propagated by “rebels” and opportunists who intended to incite social unrest against the government. Hun Sen’s statement was made through a ...

The effects of the global financial crisis in 2008 and 2009 on the Cambodian economy showed how perilous having a narrow economic base can be. Since the Kingdom’s economy is dependent on a few “pillars”-garments, construction, tourism and agriculture-downturns in any of those sectors can ...

Cambodia’s share of modern biomass in total energy consumption is among the highest in the world, according to a report released Tuesday by the World Bank and the International Energy Agency. The report also found that growth in Cambodia’s dependence on renewable energy excluding traditional biomass ...

Last week marked the end of the annual fishing season and many who had gathered on the riverbanks to buy and sell fish in the Russei Keo district of Phnom Penh called it the best season in years. An abundance of fish, there were bargain prices ...

The government is poised to reduce the price of electricity by 40 riel ($0.01) per kilowatt-hour for the industrial sector next month, said Minister of Mines and Energy Suy Sem on Tuesday. Insiders lauded the announcement but called on the government to improve the quality ...

President Hu Jintao today becomes the first Chinese head of state to visit Cambodia in 12 years, in a trip days before Southeast Asian leaders gather for talks that may touch on territorial disputes in the South China Sea. Hu’s visit, which lasts until April 2, ...

ASEAN is confident that the goal of establishing a single market would not be far, and the bloc will continue to aim for it for the common interest of its people and leaving no one behind. ...

The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. This projection is in contrast with the Asian Development Bank (ADB), which revised its growth ...

 The U.S. Department of State’s 2021 country report on human rights pertaining to Cambodia, released on Tuesday, found that Cambodian government officials continue to violate human rights – notably, by threatening the use of force against political opponents of Prime Minister Hun Sen. ...

Rochom Sokha, 19, decided to drop out of school last year when he was in grade eight. Now, he is farming with his family in his hometown to help support them, as his four younger siblings are still in school. ...

U.S. and Japanese companies are interested in prospecting for oil and natural gas in Cambodia. According to Phai Siphan, state secretary and spokesman of the Council of Ministers Office, in the provinces of Preah Vihear, Siemreab, and Kampong Thom there are 17 oil blocs covering ...

Women’s economic roles in Cambodia have made slower progress than in many other countries in the Asia-Pacific region, World Bank economists said yesterday. The region as a whole has seen tremendous gains in the way of gender equality during the past 20 years, but increasing wages ...

For political economist Sophal Ear, this view is more nuanced. In his book ‘Aid Dependence in Cambodia: How Foreign Assistance Undermined Democracy‘, published by the Columbia University Press (2012), years of dependency are not showing positive results in the rehabilitation of Cambodia, its democracy and war ...