Cambodian garment exports are expected to grow in 2013 with the increasing foreign investments along with focus on new market including Japan and China, according to the Garment Manufactures Association of Cambodia (GMAC). In 2012, apparel exports of Cambodia grew nine percent to US$ 4.61 ...

More than a week after the World Bank blacklisted a Canadian construction firm over bribes allegedly paid in Cambodia and Bangladesh, it was still unclear Thursday whether the government, or the national anticorruption body, are investigating the allegations. SNC-Lavalin Inc. was banned from World Bank contracts ...

Cambodia’s exports of milled rice have sharply increased in the first five months of this year thanks to rising international market demand and country’s rice promotion strategy, an official said Thursday. The country had exported 146,800 tons of milled rice during January-May period this year, up ...

Rising global temperatures could greatly exacerbate flooding in Southeast Asian countries such as Cambodia, as well as parts of Africa and South America, a new study by the University of Tokyo has found. Employing 11 different climate models, researchers found that with a mere rise ...

Oxley Holdings Ltd announced that the Group has incorporated Oxley Holdings (Cambodia) Co., Ltd. and Oxley-Worldbridge (Cambodia) Co., Ltd. in Cambodia. Oxley Holdings Cambodia has an issued capital of 20,000,000 Riel (approximately SGD6,309), divided into 1,000 shares of par value 20,000 Riel each. It is ...

Three men locked in a land dispute with Phnom Penh authorities were questioned both by the police and the municipal court Wednesday after they were accused of destroying property on land the government has swapped with a private firm. Ly Bun Heang, said that he, his ...

Representatives of a Vietnamese rubber firm that has been accused of contributing to the illegal deforestation of vast tracts of land in northeast Cambodia joined local CPP-aligned government officials in Ratanakkiri province on Friday to hand out rice, salt and sugar to more than 400 ...

Cambodia reported a 29 percent rise in dry rubber exports in the first five months of 2013, but revenues from the exports rose only 4 percent due to price decline in international markets. Currently, the country has about 300,000 hectares of rubber trees, according to ...

E. Sun Commercial Bank (玉山銀行), the banking arm of E. Sun Financial Holding Co (玉山金控), yesterday announced plans to buy a 70 percent stake in Phnom Penh, Cambodia-based Union Commercial Bank PLC (UCB) for US$69.33 million to facilitate its expansion into Southeast Asia. “We decided to ...

The Department of Foreign Trade plans to set up a “rice trade zone” project in the East to process Cambodian rice for export to other countries. Tikhumporn Natvaratat, deputy director-general of the department, said his organisation plans to implement the project in Chanthaburi, Trat, Sa Kaeo ...

Like the telecommunications industry in Cambodia, the market for internet service providers (ISP), too, is overcrowded, leading industry experts to say that the situation is preventing new investment. Data from the Ministry of Post and Telecommunications showed that at the end of 2012, Cambodia had ...

Cambodia recorded a sharp rise in milled rice export in the first three months of 2012 thanks to increasing international market demand and more investment in post- harvest technologies, Prime Minister Hun Sen said Friday. A commerce report showed that the country exported 95,230 tons ...

Cambodia’s exports to the European Union (E.U.) grew to $2.32 billion in 2012, a 23 percent increase compared to the previous year, according to the E.U.’s latest trade figures. The figures, released this week by the European Commission’s trade office, testify to the region’s growing role ...

China has pledged another $548 million in aid to Cambodia for infrastructure and irrigation systems, extending assistance that some critics say has bought it Cambodia’s diplomatic support. Agreements covering $500 million in soft loans and $48 million in grants were signed when Prime Minister Hun ...

A U.K. firm being sued by 200 Cambodian farmers over the loss of their land to two sugar plantations has defended its business dealings, claiming that the affected families were dealt with legally and were properly compensated for the loss of their properties. Local farmers ...

As this year’s pepper harvest gets under way, farmers in Kompong Cham province are expecting lower yields due to severe hot weather in recent months. Yin Sopha, executive director of the Dar Memot Development Agriculture Pepper Cooperative, said the hot weather and lack of rain ...

Cambodia exported garment and textile products in equivalent to 1.34 billion U.S. dollars in the first quarter of 2013, up 17 percent from 1.14 billion U.S. dollars at the same period last year, the Commerce Ministry’s report showed Friday. Garment industry is the country’s ...

More than 100 Banong ethic minority villagers in Mondolkiri province on Wednesday stopped and briefly apprehended a group of 11 outsiders who they say were caught illegally logging timber in the area, villagers said yesterday. The villagers say that they took it upon themselves to stop ...

More than 300 ethnic Jarai families from Ratanakkiri’s O’Yadav district in longstanding land disputes with two Vietnamese land concessionaires submitted a petition to UN human rights officers yesterday asking for help. Village representative Romas Chvat said locals were participating in an NGO-led workshop on protest ...

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 ...