Just months before stock exchanges in Southeast Asia plan to link up their trading, key players remain divided, with one top bourse official saying the region may be going through a “reality check” on the many hurdles facing further economic integration. The plan for cross-border trading ...

Cambodia, the current ASEAN chair, has called for stronger financial cooperation among its member countries to promote economic growth. The main agenda is to ensure that Southeast Asia is on track to meet an ambitious goal of transforming in three years into a European Union-like ...

Cambodia is finding it hard to shake off its reputation as a ‘haven’ for dirty money. Despite the government’s best efforts, the Kingdom remains among the countries most vulnerable to the flow of illegal money, according to the latest report coming from the Financial Action Task ...

Transparency International’s 2015 Corruption Perceptions Index (CPI) ranks Cambodia as the ‘Most Corrupt’ country in Southeast Asia. Cambodia score was 21 out a possible 100 points, which is the same as the country’s score in 2014. ...

Officials from 14 governments gathered in Siem Reap on Wednesday to discuss sustainable development of extractive industries in the regions, urging Cambodia to take stock of its oil, gas and mineral reserves and device mechanism to develop these resources sustainably. ...

Despite the widely condemned pre-election dissolution of the Cambodia National Rescue Party, the country’s only major opposition party, by the Supreme Court earlier this month, the heightened risk of political instability is expected to have limited short-term economic spill-over effects, according to an assessment from ...

The apartment rental market was flat in the third quarter after strong growth earlier in the year, with oversupply and political tensions among the causes blamed by realty experts. Chrek Soknim, deputy director of VTrust Property Co, Ltd, said that growth has stagnated after the January-March ...

The Prime Minister of Cambodia and the Speaker of the Laotian Parliament are set to come to Belarus on official visits, Spokesman for the Belarusian Foreign Ministry Dmitry Mironchik told reporters on 17 April, BelTA has learnt. ...

The government could save nearly $100 million between now and 2020 if it passes the draft traffic law and enforces mandatory helmet usage as soon as possible, a road safety group said Wednesday. Madeleine Carr, an advocacy and strategic planning advisor with the Asia Injury Prevention ...

Skywings Asia Airlines completed its maiden voyage from Seoul to Sihanouk International Airport on Tuesday, marking the launch of seasonal direct charter flights between Sihanoukville and South Korea. The new service, which will run from July through August, will connect the beach resort to the large ...

Cambodia greeted about 460,000 Chinese tourists last year, up 38 percent from 333,900 in a year earlier, according to a report of the Ministry of Tourism on Tuesday. China is the second largest source of tourists to Cambodia after Vietnam, the report said. Cambodian Tourism Minister Thong ...

Chinese telecom device maker ZTE Corporation has won the bid for 4G LTE project construction from Southeast Asia Telecommunications Holdings Limited. At the same time, ZTE Senior Vice President Zhang Renjun and Southeast Asia Telecom Group Chairman Zuo Huazheng signed a memorandum and strategic cooperation agreement ...

The large loans China offered at the 9th East Asia Summit are vital to regional countries in their connectivity construction, a senior Cambodian official said on Thursday. Kao Kim Hourn, minister attached to Prime Minister Hun Sen, made the remarks at a press conference at ...

The National Assembly (NA) has passed a draft law on the management of the State Secretariat of Civil Aviation (SSCA). It replaced a previous law, in a bid to ensure that civil aviation legislation aligns with the Kingdom’s current development. ...

Senior Minister Ly Thuch, Chairman of National Committee for ESCAP and First Vice President of the Cambodian Mine Action Authority, thanked UN-ESCAP for assisting Cambodia in drafting a National Mine Action Policy which is the first time that UN-ESCAP has participated in mine action. ...

German sports brand Adidas yesterday denied allegations that its Cambodian factory, which produces Olympic merchandise, was not paying workers a sustainable living wage. The London Organizing Committee for the 2012 Olympic Games (Locog) said on Sunday it would investigate claims that Adidas has violated its agreement ...

United States Trade Representative Ron Kirk will be in Siem Reap, Cambodia, August 30-31, to participate in the Association of Southeast Asian Nations (ASEAN) Economic Ministers’ meeting and the ASEAN-U.S. Business Summit. The ten ASEAN countries are key economic and strategic partners for the United States, ...

FedEx has officially opened its new South Pacific Regional Hub in Singapore, the largest consolidated facility in the Asia-Pacific region. The $97 million hub is the first and only express transportation facility in Singapore. The 282,700-square-foot integrated facility houses air, ground and clearance operations under one roof ...

The Council for the Development of Cambodia (CDC) on Thursday announced it has approved four projects so far in June, amounting to $1.9 billion. CDC posted in its Facebook page that since the beginning of the month it has issued final registration certificates for four ...

The integration of technology into Cambodia’s agricultural sector is vital to increase the competitiveness and overall performance of the Kingdom’s harvest, but efforts to push for widespread adoption of innovative solutions has been slow to take off, industry experts and stakeholders said at a forum ...