The government has set up a nine-member Alcohol Control Working Group (ACWG) to set technical measures, regulate advertising, ensure consumer protection, and promote competition. ...

The Royal Group Phnom Penh Special Economic Zone (RGPPSEZ) recorded a total revenue of almost $64 million throughout the 2023 year, marking an increase of 137 percent compared to 2022 annual revenues, says the Cambodia Securities Exchange (CSX). ...

Philippe Laurent became secretary-general of Cambodia Airports in May 2008. He was one of six senior executives in charge of the country’s international airports in Phnom Penh, Siem Reap and the little-used facility in Sihanoukville. Mr. Laurent is now carrying out a one-man campaign against ...

The Cambodian Stock Exchange(CSX) has prepared its initial public offerings in a symbolic launch, though no public trading was offered. Finance Minister Keat Chhon and his South Korean partners hold a 49 percent stake in exchange. Two state-owned companies will go public including: the Phnom ...

Some of Southeast Asia’s most acute problems were left unmentioned yesterday when government-sanctioned civil society groups met with Asean leaders at the regional bloc’s summit in Phnom Penh. NGOs from eight of the 10 Asean states attended the meeting, but the Indonesian delegation pulled out, complaining ...

Almost three years after his father’s sudden killing, the son of late forest activist Chut Wutty has returned from a fact-finding mission to Ratanakkiri province, where he identified four companies as having stockpiled luxury timber on a large scale. ...

Toll Group has informed the Cambodian government that it will suspend all railway operations and lay off half of its Cambodian staff at the end of the month, according to a source familiar with the situation. The Australian logistics firm, which in partnership with Royal Group ...

An insurance training centre is being planned in Cambodia to develop local expertise lacking in the Kingdom’s nascent insurance industry. The institute hopes to offer diploma courses to industry leaders here so they in turn will be qualified to provide insurance training to others, such as ...

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 ...

There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...

Bonna Realty Group will prepare to list on the Cambodia Securities Exchange, the company’s president said this week. The real estate firm joins a small but growing group of private companies that say they are gearing up for initial public offerings on the new exchange. ...

Wah Sun Handbags International Holding unveiled plans yesterday to expand its Cambodia operations, citing the country’s low labour costs as the primary reason for the move. In a filing on the Hong Kong Stock Exchange, the handbag manufacturer announced plans to raise up to $18 ...

The Ministry of Labour and Vocational Training is working for the signing of MOU for Cambodian laborers to work in Arab Emirates, Minister Ith Samheng said. ...

Having already spent millions of dollars, the Asian Development Bank (ADB) will not foot the additional $70 to $90 million in funds still neeDed to complete more than half of Cambodia’s railway rehabilitation project, an official from the ADB said yesterday. Toll Royal Railways, a joint venture ...

Rubber industry experts and government officials from ASEAN member countries gathered in Siem Reap yesterday to agree on harmonised standards for rubber products that would facilitate cross-border trade. The Asean Consultative Committee for Standards and Quality (ACCSQ) Rubber-Based Product Working Group (RBPWG) agreed to 61 harmonised ...

Siam Cement Group (SCG), the country’s top industrial conglomerate, says its logistics unit will cover Asean and southern China within five years, partly through mergers and acquisitions. Kan Trakulhoon, the president and chief executive, said the expansion will accommodate growing regional trade under the Asean Economic ...

The potential for investment in Cambodia certainly appears to be there, as the country’s location in Indochina affords much opportunity for cross-border trade with Thailand, Laos and Vietnam, says Mark Mobius. Mr Mobius, who oversees more than US $40 billion worth of investments as executive chairman ...

Minister of Economy and Finance Aun Pornmoniroth on Tuesday urged Asean countries to cooperate in addressing illegal trans-boundary flows of waste that have affected the region in recent months. ...

Prime Minister Hun Sen on Friday lauded the Chinese developer behind Koh Kong province’s $3.8 billion tourism project, despite it causing a decade-long dispute with the villagers there. “The Union development Group [UDG] transformed the quiet area in Koh Kong province into an attractive tourist ...

With domesticated elephants in Cambodia decreasing drastically, a domesticated elephant protection group in Siem Reap province will set up a breeding centre to restore their numbers. Oan Kiry of The Angkor Elephant Group Committee in Siem Reap city said his group had found a location ...