New projects involving 20 condo complexes are continuing to be built despite an already narrow market sector and a future surplus of condos in the Kingdom. According to research on the condo market by Bunna Reality Group in first half of this year, Phnom Penh now ...

While New Zealand dairy giant Fonterra is working overtime to restore its damaged brand in the wake of a contaminated baby milk scare that triggered a global recall, local distributors whose products included the suspect ingredient are defending their own reputations. Local supplier Dumex Cambodia ...

Second-quarter net profit for the exchange-listed Phnom Penh Water Supply Authority dropped nearly 26 per cent to $2 million from the same quarter a year ago, according to the most recent financial report released on October 11. Sim Sitha, the director-general of PPWSA, said the decrease ...

Around 40 Labor Unions in Cambodia have all agreed to pursue the third formula given by the Ministry of Labor, of a one time hike in minimum wage for footwear and garment factory employees in 2014. The Labor Unions agreed to pursue the hike in salary ...

The opposition CNRP on Monday delivered a letter of notice to provincial authorities of its plans to hold a rally in Siem Reap City to mark International Human Rights Day next Tuesday, a party official said. Ke Sovannaroth, the head of the CNRP’s Siem Reap working ...

Transparency International Cambodia (TIC) said it could not vouch for the official outcome of July’s national election because of the large number of ballots cast by people without proper paperwork or forms in lieu of official identification, yet another independent report casting doubts on the ...

At least six people, including three Cambodian migrant workers, were killed late on Monday when a condominium construction project north of Bangkok collapsed, according to news reports, officials and witnesses at the scene. Twenty-four people, at least one of whom is Cambodian, were also injured in ...

At least 24 international apparel brands have pledged to immediately investigate the mass fainting “phenomenon” that has hit the Cambodian garment factories that supply them, the International Labour Organisation says. Executives of global brands had pledged to work together “to determine the precise causes of incidences ...

The Delegation of the European Union to Cambodia in collaboration with the Council for Agricultural and rural Development, Ministry of Agriculture, Forestry and Fisheries and three of the EU-funded projects (CEDAC, HKI, WHH) on October 6 organized a Food Security Project Workshop “Improving Food Security—Lessons ...

Revenues from Cambodian corn exports fell by 52 per cent last year as farmers scrapped the crop for the more lucrative, but less stable, cassava plant. The Kingdom exported 35,381 tonnes of corn, worth US$2.2 million, in 2011, down from 86,533 tonnes worth $4.57 million the ...

Cargos entering and leaving through Phnom Penh Autonomous Port, the kingdom’s 2nd largest port, increased by 34 percent in the first three months of this year due to rising trade activities, a senior port official said Thursday. During the January-March period this year, the state-owned port ...

Britain’s Minister of Trade and Investment Lord Green is starting his two week visit to Southeast Asia, to promote opportunities for British businesses, in Cambodia Monday, June 10, 2013. The promotion of British businesses is part of a larger effort to enhance the support available to ...

Their work is far from over, but Jarai minority villagers in Ratanakkiri province took another important step forward yesterday in their quest for communal land titles. More than 200 residents of O’Yadav district’s Pate commune signed declarations outlining the ways in which they make use of ...

Agence Francaise de Developpement (AFD) has provided Cambodia with a sovereign loan of 118 million euros ($121 million) for two projects – one to build the Bakheng water treatment plant and another to develop competitive skills. Minister of Economy and Finance Aun Porn Moniroth who ...

A sugar company originally part-owned by ruling party Senator Ly Yong Phat that has long fought villagers over a land dispute in Koh Kong province is now under the complete control of two foreign-owned companies, statements released by the firms last week reveal. The Mitr Pohl ...

Minister of Foreign Affairs and International Cooperation Prak Sokhonn and Japanese Ambassador Masahiro Mikami on Wednesday signed a grant agreement for ¥2.4 million ($22 million) on the “Project for Expansion of Clean Water Supply System in Pursat Province”. The agreement, finalised at the Ministry of ...

The privatization of state-owned land continued last month with several large government- owned plots in Phnom Penh transferred to state-private property, according to a sub-decree signed by Prime Minister Hun Sen. According to the document signed May 24, the state-owned properties, measuring 40,998 square meters in ...

Large payouts last year by local insurance companies to two garment factory owners and regional natural catastrophes have resulted in a huge hike in the cost of fire insurance for commercial premises in Cambodia, brokers said. Cambodia’s insurance industry paid out some $24 million in fire ...

The effects of the global financial crisis in 2008 and 2009 on the Cambodian economy showed how perilous having a narrow economic base can be. Since the Kingdom’s economy is dependent on a few “pillars”-garments, construction, tourism and agriculture-downturns in any of those sectors can ...

A Stung Treng province district official on Sunday contradicted claims that logging in the area designated for the Sesan 2 dam had ceased a month ago, saying that it had only stopped last week after direct orders from the government to do so. On Thursday, Ministry ...