About 3,000 garment workers from two factories that supply clothes to international brands Levi Strauss, H&M and Gap continued protesting for higher wages yesterday in Phnom Penh’s Meanchey district, before marching to the Ministry of Social Affairs. Upon arriving at the ministry, workers employed by the ...

The stabilisation of the riel over the first half of this year is a reflection of increased confidence in using riel in the economy as well as improvements in the agricultural sector, according to economists and the National Bank of Cambodia (NBC). The slowdown in the US economy ...

The general director of a local rice wholesaler accused of defrauding business associates in a deal has lashed out at the judiciary – claiming delays in legal processing have left him imprisoned for 13 months without trial. Sovann Veasna is accused of cheating three businessmen ...

A fire sparked by an electrical fault ripped through the Doeum Kralanh market in Siem Reap City early Friday morning destroying 200 stalls and causing more than $1 million in damage, according to market traders and police officials. The 8,000-square-meter market in Kokchak commune housed a ...

A recent string of disasters rocking Bangladesh’s garment industry has highlighted its factories’ shocking safety record, and stoked optimism that giant fashion brands will flock to move their orders to countries like Cambodia. But Cambodia’s garment industry has not experienced any major deluge of business so ...

Opposition leaders said that they were not afraid to appear at the Court even though the defense lawyer would be busy. The comment came after their defense lawyer, Choung Chou Ngy, had sought delay of questioning the two opposition leaders Sam Rainsy and Kem Sokha, who ...

Cambodia is one of the most attractive countries for expatriates working for US companies in ASEAN, according to a survey of 475 US business executives from throughout the region. Of those surveyed in Cambodia, 65 per cent reported that employees in other locations requested to relocate ...

One month after the capital’s power provider promised to end chronic city blackouts for good this hot season, residents and businesses continue to find themselves sweltering in the heat and throwing away any spoilable goods due to the unpredictable losses of electricity. In March, Electricite du ...

A prominent Phnom Penh businessman died after being shot six times by an unidentified gunman outside a fruit shop in Chamkar Mon district on Saturday, according to military police, who believe the murder was an assassination. Ung Meng Chue, 53, a construction tycoon who held the ...

An illicit cross-border rubber trade is thriving in Cambodia amid plummeting global prices and is threatening legitimate processing operations in the country, according to business owners and industry experts. And while Cambodia’s natural rubber export tariffs are set at between 2 and 10 percent, Vietnam ...

Prime Minister Hun Sen’s sister Hun Sinath has resigned from her job as a secretary of state over what she said was her colleagues’ fear of investigating a land dispute between villagers in Kampong Speu province and tycoon Ly Yong Phat. Sinath revealed her resignation ...

The government yesterday launched a $50million special fund for small and medium Enterprise (SMEs) to boost competitiveness, productivity and daily business operations amid the impact of the pandemic Covid-19 and a 20 percent withdrawal of zero tariffs under the EU’s Everything but Arms (EBA) trade ...

On 18 May 2020, the Phnom Penh Municipal Administration issued a notification to all restaurant owners in Phnom Penh about the precautions to prevent the spread of the COVID-19 pandemic. The notification stated that, if the restaurants do not comply with the Phnom Penh Municipal ...

Khmer Enterprise (KE), an implementation unit of the Entrepreneurship Development Fund established by the Ministry of Economy and Finance (MEF), and SHE Investments, Cambodia’s first and only gender-focused and culturally tailored business incubator and accelerator, have jointly developed the Digital Resource Center for Micro, Small ...

The long-awaited Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) agreement was officially signed yesterday.  The signing brings renewed hopes for comprehensive change in the flow of regional trade and investment and the promotion of intra-bloc supply chains capable of bolstering trust among members of the region’s ...

Work on a new solar power station is set to start next month on Koh Rong Sanloem Island. The 1.25 megawatt (Mw) solar power project that was signed off this year will be constructed as two standalone solar based micro-grids that can provide electricity to ...

The Cambodian government has announced two months more of tax exemptions for tourism-based businesses in the hope of easing the burden during the pandemic. The extension was announced during the fifth round of COVID-19 economic measures last week as the Ministry of Tourism begins developing ...

Cambodia may get the first delivery of the coronavirus vaccine in March 2021, according to the local office of the World Health Organization, as Prime Minister Hun Sen’s government made its first moves to acquire the much-wanted vaccine. Several influential business tycoons have also pledged ...

The Association of Banks in Cambodia (ABC) and the Cambodian Microfinance Association (CMA) on April 23 informed the public that business operations in the industry are continuing as normal nationwide although some areas in the provinces and capital have been placed in lockdown to curb ...

The Asian Development Bank (ADB) on December 6 announced that it has greenlit a $50 million policy-based loan under Subprogram 1 of its Trade and Competitiveness Program to support government efforts to diversify the economy, better enable local businesses to compete globally, and boost Covid-19 ...