The government should abandon its current management of Prey Long forest and shift to a plan that conserves the forst while also optimizing its economic uses, such as agriculture, carbon credits and controlled timber exploitation, according to a recent report by the US Agency for ...

It will not be enough for Apple to simply offer a cheaper iPhone for the company to gain share in the competitive Cambodian smartphone market, according to industry insiders. They say Apple’s operating system, iOS, may also restrict their potential growth. Bloomberg last week reported that Apple ...

While the Cambodia Securities Exchange (CSX) recently opened its doors for business, it’s not quite ready to actually do business. As it currently stands, there is no actual trade taking place, making it the smallest bourse in the world in terms of market capitalization. However, ...

With the first drop of crude oil from the Apsara oilfield expected by next year, officials gathered on Thursday to discuss the much-awaited law on petroleum. Representatives of the Ministry of Mines and Energy, the Ministry of the Environment and the Ministry of Justice were ...

The price of food spiked this month, and Cambodia’s low-paid garment workers are feeling the effects. Meat, vegetables, toothbrushes, beauty accessories and even the plastic bags they get packed in have all seen a sharp bump up in price this month, some items by as much ...

About 150 members of the former Dey Krahorm community in Phnom Penh’s Chamkar Mon district marked the fifth anniversary on Friday of the day mechanical excavators, security guards and authorities destroyed their homes to make room for a real estate project. Much like on past anniversaries, ...

About 30 law students on Friday participated in the seventh Client Counseling Competition to put their newly acquired professional skills into practice and compete for a trip to the international competition in Puerto Rico in April. “We created the case based on this year’s theme, ...

Mobile payment company Wing and the Foreign Trade Bank (FTB) of Cambodia on Monday announced they had joined forces to expand the bank’s already-existing prepaid Visa card network in an effort to make it easier for locals without bank accounts to have access to electronic ...

The CPP-dominated National Assembly on Wednesday approved a law that will see the Ministry of Industry, Mines and Energy split into two separate ministries, but has yet to decide who will head the new bodies. The CPP’s 68 lawmakers unanimously passed a measure that will see ...

Total exports during the first nine months of the year rose 41 percent to $3.5 billion compared to the same period in 2010, according to data released by the Ministry of Commerce. of the total amount, $3.1 billion was in garments, $10 million in paddy rice, ...

The US House of Representatives has renewed a trade law experts said could have a substantial effect on Cambodia’s exports to the United States, as well as the future of the Kingdom’s manufacturing sector. The Generalized System of Preferences (GSP) program waived tariffs on about US$13 ...

Unlicensed real estate developers may find their projects blacklisted if they fail to register with the Ministry of Economy and Finance (MEF), a ministry official said yesterday. The MEF published the names of three developers in a local paper last week and has promised to warn ...

Trading on the Cambodia Securities Exchange will be delayed once again until the beginning of 2012, Minister of Economy and Finance Keat Chhon said yesterday. He blamed an incomplete regulatory regime and the public’s lack of confidence in the stock market as reasons for the delay, ...

Following a three-hour debate at the National Assembly, lawmakers passed a draft law approving the $2.5 billion the government spent in 2010. During the debate, CPP lawmaker Cheam Yeap presented a 10-page document that he said justified the $2.5 billion in spending, which was 25 percent ...

The Cambodian Alliance of Trade Unions (CATU) sent a letter to the Ministry of Labor yesterday requesting that all of the country’s factory owners pay workers their salary earlier than usual ahead of Khmer New Year. Workers are normally paid on the fifth to the ...

The government has signed off on a proposal to designate more than 9 hectares of land along Phnom Penh’s riverfront as state-private land, opening it up for private investment or long-term leasing. The 9.25-hectare stretch of riverfront from the capital’s Night Market to the Chroy ...

Opposition leader Sam Rainsy has been in hot water since he told an EU parliamentary meeting on July 13 that he wanted them to consider decreasing garment imports from Cambodia in the hope it would pressure Prime Minister Hun Sen and his government into complying ...

Canada is keen to sign an investment protection agreement with Cambodia to boost trade between both countries following the visit of Canadian Foreign Minister Stephane Dion to the Kingdom last Friday. ...

Two workers from a garment factory in Kompong Speu province who were charged with a slew of crimes following their attempt last month to break away from the only union operating at their factory were released from jail on Friday, a court official and union ...

US investments in Cambodia increased 15-fold last year, due mainly to the construction of a new Coca-Cola plant in the Phnom Penh Special Economic Zone, according to a statement from the Council for the Development of Cambodia (CDC). ...