Despite food prices in Cambodia slightly decreasing in September compared to the previous month, some food products will remain expensive in the long-run, which impacts Cambodian food supplies and livelihoods. To save Cambodia from food inflation, the Kingdom needs to boost more local agricultural productions, ...

A surge in land sales has helped tycoon Kith Meng’s Phnom Penh SEZ Plc (PPSP) to return to the black, posting $5.7 million net profit in the first quarter ended March 31 (Q1’23) after suffering a $680,743 net loss a year ago. ...

Cambodia’s general government gross debt (GGGD) is projected to reach 37.5 per cent of GDP (gross domestic product) in 2023 – up from 36.5 per cent in 2022 – which, although marking the highest rate since 42.7 per cent in 2004, is lower than that ...

Cambodia earned $206.728 million from the export of “rubber and articles thereof” in the first four months of 2023, up 38.0 per cent year-on-year from $149.808 million and up 22.7 per cent half-on-half (compared to July-October 2022) from $168.5 million, according to provisional Customs (GDCE) ...

The real salaries in the country are expected to grow 2.2 percent next year, according to the latest Salary Trends Report published by ECA International, a renowned organization that offers data on salary, accommodation, tax, labour law, cost of living as well as benefits and ...

Cambodians running small businesses are continuing to find the need for working capital as their most pressing need, as per data. As high as 54 percent of 1.89 million loans issued were for working capital, as per the first quarter report of the Small Business ...

A mining company owned by the wife of RCAF Major General Nim Meng has been ordered by the government to pay fines and unpaid taxes after the firm was found to have illegally exported minerals from Cambodia, a report released yesterday by the Cambodian Investment ...

Cambodia’s information technology sector is looking to leapfrog its current capacities in the next decade as the Kingdom chases other countries in the region, industry experts say. As much as 40 per cent of the country could be online within 10 years, Dell general manager of ...

One of the largest banks in Japan, Sumimoto Mitsui Banking Co., will sign an agreement with Acleda Bank Friday to share market data and banking services, Acleda announced yesterday. The deal would allow Sumimoto Mitsui, which currently only has a representative branch in Cambodia, to access ...

Cambodian cashew nut traders believe the market price for cashew nuts will increase, as demand from Vietnamese markets increases along with international demand. Vietnam’s domestic enterprise imported nearly 157,000 tonnes of raw cashew nuts in the first seven months of the year, mostly from Cambodia, ...

The value of garment and shoe exports to the European Union are expected to reach the same level as those sent to the U.S. by 2013, an official from the Garment Manufacturers Association in Cambodia (GMAC) said yesterday. Garment, textile and shoe exports to the E.U. ...

In order to boost the Kingdom’s trade performance and improve the quality of lives of farmers along the Thai-Cambodia border, Thailand has agreed to remove import restrictions on Cambodian cassava and maize. Speaking to reporters after the forth meeting of the Joint Trade Committee between Cambodia ...

The volume of cargo shipments going through the Sihanoukville Autonomous Port (PAS), the biggest deep-water port in Cambodia, saw a 16 per cent year-on-year increase in the first nine months of this year, data released by the port on Friday show. About 2.27 million tonnes of ...

Two of the leading microfinance institutions (MFIs) in Cambodia said yesterday that they have identified a relatively small fraction of borrowers who were affected by flooding and would provide relief on their repayment schedules if necessary. The comments come after both Prime Minister Hun Sen and ...

Phnom Penh’s chief prosecutor yesterday attributed an alleged rise in Cambodia’s crime rate to an increase in public demonstrations. Prosecutor general of Phnom Penh Municipal Court Ouk Savuth’s theory came out during a speech he made at a meeting of police and prosecutors held at City ...

On the second day of Phnom Penh’s monthlong public bus experiment, there was a visible uptick in passengers Thursday traveling the single route along Monivong Boulevard. About a dozen passengers interviewed, who included civil servants, NGO staff and a large number of uniformed students, were ...

Bilateral trade between Cambodia and South Korea has topped more than $657 million for the first nine months of this year. According to Ministry of Commerce data obtained by The Post on Monday, the figure is a little more than $100 million shy of the $769 ...

As the majority of the population opts to stay home during the pandemic, the domestic demand for energy has been running high. Data from the Mines and Energy Ministry stated as of last year, around 2.68 million households, or approximately 75 percent of the country’s ...

Latest figures show the total value of approved investment in the Kingdom declined by more than 70 per cent in the first half of this year compared to the equivalent period a year before. Economists and officials are unconcerned, however, saying that some big projects during ...

The number of mobile subscribers (SIM cards sold) increased 25.28 per cent during the first half of the year as a result of an expansion in the telecommunications market, according to officials. Mobile phone service subscribers increased by 3,963,734 or 25.28 per cent to 19,642,563 compared ...