Cambodian lawmakers have passed a new law on agriculture, but critics say the law does not go far enough to protect the country’s farmers. The law passed on Thursday evening, but not before debate at the National Assembly. During the debate opposition representatives called on the ...

Residents and business owners are seeking compensation from Vattanac after its construction project alongside Phnom Penh’s riverside Sisowath Quay damaged buildings. Pop Café, Edelweiss, the Foreign Correspondents Club (FCC), and others are having insurance claims adjusters in to inspect the buildings in order to determine ...

England promised to invest in Cambodian around US$ 2.22 billion make total investment projects in country during 7 month of the year increased up to US$ 5.5 billion, Council for Development of Cambodia (CDC)’s reported to the media. According to the report, in the first ...

China’s dam-building ambitions and alleged lack of transparency were front and centre yesterday during a roundtable discussion on Mekong River development held in the capital. Representatives from the Chinese embassy defended their country’s record, claiming that China was “eager to participate” in regional cooperation mechanisms. “We aren’t ...

The Kingdom’s exports to Japan rebounded in the first half of the year, jumping from single-digit growth last year to 19 per cent, new figures from the Japanese External Trade Organization (Jetro) showed. During the first half of last year, Cambodian exports to Japan grew ...

Cambodia’s General Department of Customs and Excise will begin certifying firms it deems trustworthy so that their products will have easier passage across the country’s borders, officials have said. The government is working on a program to provide “authorized economic operators” or “AEO” status on approved ...

Cambodia climbed the rankings of the World Economic Forum (WEF) 2012-2013 global competitiveness report to finish 85th out of 144 countries, an improvement of 12 places compared to the previous year. The WEF report, which was released yesterday, measured the competitiveness of each country on more ...

The European Union yesterday pledged to support Cambodia with three grants totaling $54 million, including one payment to help bolster the country’s ability to organize its public finances, officials announced at a press conference in Phnom Penh. “The E.U. will continue to support Cambodia with ...

The number of new businesses registering in Cambodia continued to plummet through the third quarter of this year amid tightened rules for start-ups and waning investor confidence following the still-unresolved national elections. Data from the Ministry of Commerce yesterday showed that 853 new businesses registered with ...

While more Japanese companies are flocking to Cambodia for investments in recent years, they are more diversified, ranging from restaurants to manufacturing industries and electronics. Yoshihito Katsuo, first secretary in charge of trade at the Japanese embassy in Phnom Penh, told Kyodo News on Friday that ...

Cambodia’s central bank will use its upcoming Second Macroeconomic Conference to discuss how best to promote the use of the riel and hasten de-dollarisation in the economy, according to an official release yesterday. ...

The hotel industry in Cambodia is growing but still sees room for improvements, industry experts said at the Cambodia Hotel General Managers Summit in Phnom Penh yesterday. In terms of revenue and the number of players, the hotel and restaurant industry has an overall growth rate ...

Japanese retail company MUJI announced the development of an eco-friendly natural dyeing plant in Cambodia, a press release on Sunday said. The plan is part of the Business Call to Action, a global initiative supported by several international organisations and hosted by the UN Development Programme ...

Through a canopy of palm leaves, sunlight falls onto 1,000 four-month-old pepper plants, each one climbing about two feet up a wooden pole in the ground. “We will be ready to harvest pepper from here in about 18 to 20 months,” says one of Kep ...

Cambodia’s $5.5 billion garment industry is nearing a crossroads amid uncertain prospects for outsourcing, an industry source says, citing participants at a recent trade show in Phnom Penh. “Many industry suppliers believe that while Cambodia remains a growing market for their textile and garment products, there ...

Cambodia has lowered its economic growth projection from 7 to 6 per cent for 2011 after more than a month of flood devastation in the Kingdom and continued economic turmoil in the United States and Europe, Deputy Prime Minister Keat Chhon said yesterday. The full impact ...

A US-Asean Business Council delegation representing 11 fortune 500 companies concluded a two-day visit to Phnom Penh on Saturday, the council said in a statement. With Cambodia scheduled to take the chairmanship of Asean next year, members from US companies such as Chevron, GE, Abbot, ...

Prime Minister Hun Sen Mnounced yesterday that the government would create a one-stop service office for rice millers and exporters in order to reduce red tape and help the country reach its lofty export target of a million tons of milled rice by 2015. “We cannot ...

Some of Cambodia’s biggest exporters have experienced a sizeable decline in milled-rice shipments this month, with one insider putting the number as high as 40 per cent year-on-year. The waning figure stands in stark contrast to last year’s milled-rice export numbers, which increased about 22 per ...

Fast food chain KFC lost more than half-a-million dollars in the first half of 2012, according to a statement to the Malaysian stock exchange last week by the majority owner of KFC Cambodia, QSR Brands. The statement said that the company suffered losses of $578,000 in ...