With Cambodia currently seen as a country where the laundering of illicit cash may be going undetected, an international expert yesterday warned that economic growth and more international trade could leave the country open to financial crime. Gert Demmink, a former head of supervision at ...

Cambodia’s infrastructure is deterring highly anticipated investment into the production of raw materials to support its rapidly growing garment sector, experts say. While garment exports rose 10.2 per cent to $5.48 billion last year, the increase of raw materials imported to support this growth increased about ...

Cambodia’s inflation rate fell to an annual three per cent last year, down from 4.9 per cent a year earlier, according to data from the National Bank of Cambodia released in late January. Chea Chanto, the bank’s governor, told an annual meeting in late January that ...

Hundreds of indigenous people called on government to pick up the pace in granting them communal land titles at a ceremony marking the U.N.-sponsored International Day of the World’s Indigenous People in Kompong Thom province yesterday. “The gathering today is to mark the 8th anniversary of Indigenous Day ...

The lastest investment data from the government shows that Cambodia’s economy is moving away from the long-trusted staple of the garment sector and into more compplex industries. For more than a decade, garments have accounted for the lion’s share of the country’s export market as investors shied away ...

Four families who were violently evicted from Borei Keila in January last year built shelters yesterday in the rubbish where their houses once stood, claiming the land still belonged to them. The evictees erected small frames on the land, in the capital’s Prampi Makara district, irritating ...

A lack of trade financing – the loans and guarantees needed to support import and export transactions – for international deals within developing Asian countries such as Cambodia is restricting opportunities for growth, a survey by the Asia Development Bank (ADB) has found. Of 106 banks ...

More than 1,000 villagers in Phnom Penh’s Russei Keo district have signed a petition pro­testing the removal of a crematorium that is currently on land slated for a large development project. According to a letter from the Council of Ministers addressed to the Ministry of Cults ...

More than 800 street vendors and drivers of taxis, tuk-tuks and motorcycles working the border area between Banteay Meanchey province and Thailand yesterday marched through Poipet City calling for an end to the rampant corruption being carried out by border officials. Migrant workers who cross ...

Thanks to a more stable and undisturbed supply chain, sales of new cars in Cambodia have risen dramatically over the first six months of this year compared with the same period in 2012. But the purchases pale in comparison to the country’s thriving second-hand market. Kong ...

Naza Bikes Sdn Bhd, a subsidiary of Malaysia-based Naza Group of Companies, will enter Cambodia’s crowded motorbike sector, according to the local brand manager. “[Business] will probably be launched on the first of next month,” Hay Chamreoun, the manager, said yesterday, adding that construction for the ...

Workers in Stung Treng province have begun clearing forested land with chainsaws in order to make way for the reservoir of a massive hydropower dam that has drawn ire from local villagers who say they have not been informed about the dam’s construction plans. The National ...

Phnom Penh families being pushed to the city’s outskirts to make way for a $142.6 million railway renovation project funded by Australia and the Asian Development Bank (ADB) are falling into debt and finding it harder to earn money and access healthcare according to a ...

Executives at some of the telecommunication firms indebted to bankrupt mobile operator Mfone said Thursday they owe much less than claimed by the company, and will negotiate with Mfone’s administrator to find a resolution before a complaint is filed in court. “We do owe Mfone money, ...

More than 1,500 Cambodian People’s Party supporters in Kandal province’s Sa’ang district were summonsed by party officials yesterday to be thanked for voting for the party, during a meeting one villager claimed was tacit intimidation. According to a villager speaking on the condition of anonymity, invited ...

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 ...

More than 700 villagers from five provinces yesterday protested in front of the provincial government headquarters in Kompong Chhnang after losing their community forests to large agro-industry firms. Organized by the Cambodian Grassroots People’s Assembly- a network of communities that includes forestry and land activists as ...

Profitable income generation has many sources. Whether it requires work in an office, trading on the market or farming land – the outcome always depends on the innovation and effort of the individual. For Pring Leang, the sources are three small fields in Kampong Por village ...

Union workers and leaders appeared divided yesterday on the question of whether to support the opposition party’s planned three-day demonstration at Freedom Park. Campaign promises from the Cambodia National Rescue Party to raise minimum monthly salaries to $150 seemed to have struck a chord with garment ...

With only about 10 per cent of its 1,000-person workforce at their stations by 8am yesterday, management at Hoyear (Cambodia) Garment Ltd cut its losses and announced that the factory would close for the next two days. Thousands across the capital opted out of work ...