After sudden increase in price to KHR 6, 600 (US$ 1.62) on July 25, over the next week the price rose for a couple of days before eventually changing direction, falling to 6,400 (US$1.57) on August 1. Trading volumes were larger compared to the week ...

The recent deluge of comments critical toward the Cambodian government is an attempt to sow political chaos, a senior official said yesterday. at a press conference held at the Council of Ministers, Keo Remy, deputy chairman of the Press and Quick Reaction Unit, blasted several individuals ...

Security guards clashed yesterday with workers from two SL Garment factories that supply Levi’s, Gap and H&M, as the number of employees protesting exceeded 5,500 – or more than 90 per cent of the staff. Protester Kim Voeun, 32, said security guards, in the presence of ...

For the past decade, Cambodia’s economy has steadily grown with GDP growth surpassing 5% on a compounded annual basis for the past twelve years. Nearly 58% of the populace is engaged in agriculture, while the service sector employs 26% and industry accounts for the remaining ...

Every day, thousands of people drive past a big electronic billboard showing market data from the Cambodia Securities Exchange (CSX), the first securities market in the Kingdom’s history. While waiting for the traffic light, those Cambodians who are interested can get a glimpse of the ...

Nun Vanak is an excellent example of how Cambodia’s garment manufacturing industry has helped to change lives of hundreds of thousands of people in this country. The 23-year-old is part of Cambodia’s half-a-million-strong workforce – mostly young women – that keeps these garment factories running. Her income ...

Police have cracked down on illegal large-scale rosewood smuggling at the Cambodia-Thai border in the district of Malai. In the sting operation Tuesday night, led by Banteay Meanchey prosecutor, Phan Pirom, the authorities have seized around three tons of rosewood, hidden in the truck bed used ...

Stung Treng province Commune chief Seak Mekong changes into uniform in his family’s small wooden home in Sesan district’s Srekor I village before leading reporters to a speedboat on the Sesan River and motioning them to climb aboard. Mekong, a 42-year-old Sam Rainsy Party official, says ...

Thailand-based Ratchaburi Electricity Generating Holding Pcl (RatCH) has “seriously assessed” investment possibility in neighbouring countries including Cambodia, a company statement said last Thursday. It said it had geared up for business expansion in domestic and international markets in the potential existing investment bases Laos and Australia, ...

When the garment factory that employs her opened its doors yesterday for the first time since Sunday’s election, Chan Neoun was about 130 kilometres away, at home in Svay Rieng province. Intense rioting and a military crackdown were just some of the rumours flying around ...

Cambodia’s Minister of Commerce and long-time ruling party stalwart Cham Prasidh said yesterday that post-election demonstrations could prevent growth and even result in small-scale looting. “If they want to destroy the economy, they have to protest more and more in order to destroy,” he said. Speaking ...

Tuk-tuk, motorbike and taxi drivers were among hundreds of workers from Cambodia’s “informal economy” who called on the government yesterday to cap fuel prices at 4,000 riel ($1) per litre, amid claims that the current 5,000 riel price leaves them unable to cover any more ...

Nearly half of defendants lack legal representation, 80 per cent are held in pretrial detention, and a sizeable chunk confess before they get a hearing, according to an online public database released yesterday by the Cambodia Center for Human Rights. The database reveals numerous infringements on ...

The ruling Cambodian People’s Party has reiterated its commitment to carry out electoral reforms ahead of the 2017 poll in an apparent bid to appease key demands of the opposition, civil society and the international community following July’s disputed election. With rare frankness, the party says ...

Not even the imminent threat of war could quell tourists’ appetite for historical sites – at least at Cambodia’s Preah Vihear temple, which was the subject of a highly contentious ruling at the International Court of Justice yesterday. While government figures show that local tourism to ...

A pilot cashew-peeling factory in Kampong Thom province aims to make business easier for farmers who have traditionally relied upon sending their raw harvest elsewhere for processing. With $130,000 from the Asia Development Bank, the building went up in May on 3,600 square metres in Kampong ...

Ratanakkiri’s deputy provincial governor called local authorities and community representatives last week to explain the alleged deforestation of eight hectars of preserved land around the Ou’Sinlair waterfall. Situated in Lumphat district, Ou’Sinlair is a popular eco-tourism destination in the province. But logging over the years has ...

The International Court of Justice yesterday unanimously declared that its 1962 judgment awarding the Preah Vihear temple to Cambodia also gave the Kingdom sovereignty over the promontory that the temple sits on. But while the announcement was initially greeted as a resounding victory by some in ...

More than 100 work-study participants employed by NGO Digital Divide Data (DDD) in the capitol’s Chamkarmon district jumped on the strike bandwagon on Monday, demanding the same monthly wage garment workers are calling for, a union representative said yesterday. Employees are charged with transforming physical documents ...

It may not have all the glitter, adrenaline or the iconic tolling bell of Wall Street, but today, the usually deserted Cambodian Stock Exchange (CSX) will be a hive of activity. After first hinting at an initial public offering more than two years ago, garment manufacturer ...