A surge in land sales has helped tycoon Kith Meng’s Phnom Penh SEZ Plc (PPSP) to return to the black, posting $5.7 million net profit in the first quarter ended March 31 (Q1’23) after suffering a $680,743 net loss a year ago. ...

The Prime Minister of Cambodia, Dr. Hun Manet, stated that the vocational training policy for 1.5 million young people will focus on 10 areas and 38 professions. .. ...

The German government on Wednesday signed up to provide 64 million U.S. dollars to Cambodia for two-year projects in health, rural development, governance reform, and education. According to a press release after the signing ceremony, 27 million U.S. dollars would be allocated to health, 26.5 ...

National Bank of Canada attributed its 5.5 per cent jump in fiscal third-quarter profit to its acquisition of Cambodia’s Advanced Bank of Asia Ltd. (ABA Bank) earlier this year. ...

Economic growth in the East Asia and Pacific region – covering 14 countries, including Thailand – may slow by a full percentage point to 7.2 per cent this year, before recovering to 7.6 per cent next year, according to a World Bank report Excluding China, the ...

While tourism in Cambodia has historically slowed in advance of general elections, tourism leaders in the government and private sector have said they expect this year’s July elections to have little impact on tourist arrivals.  Tourism numbers dipped by 10.9 per cent for the 2003 ...

A non-governmental organisation that works for child welfare has announced a five-year plan to empower 2.5 million adolescent girls and women in the country. ...

More than 3,000 traffic accidents across the country during the first 10 months of the year caused more than 1,400 deaths and about 5,300 injuries, a decline from the same period last year. According to a National Police report released yesterday, there were 3,001 traffic accidents ...

Cambodia’s exports to Malaysia almost doubled from $55.5 million a year earlier to $101 million in 2012, the Malaysian Embassy said. Exports were led by crude rubber at $69.1 million followed by milled rice at $24.3 million, up sharply from $9.5 million in 2011 and ...

Vietnam urged Laos to halt construction of a $3.5 billion hydropower dam pending further study, environmental activists said on Friday after a meeting of the Mekong River Commission. The activists said Cambodia, also downriver from the Xayaburi dam, accused Laos during heated discussions on Wednesday and ...

England promised to invest in Cambodian around US$ 2.22 billion make total investment projects in country during 7 month of the year increased up to US$ 5.5 billion, Council for Development of Cambodia (CDC)’s reported to the media. According to the report, in the first ...

Real estate developments covered in green tarp have sprung up across the capital’s Boeung Kang Kong commune, and housing units are filling before the projects are finished, insiders said. The value of construction approvals in Phnom Penh jumped by 557.5 per cent in March to US$150.5 ...

The current volatility of oil prices on the global market is bringing cuts in prices at Cambodia’s five main petroleum retailers. However, some observers say the current fall in prices is too limited. Data from the Ministry of Commerce showed that super oil retailed at 5,200 ...

The Asian Development Bank (ADB) has lowered its economic growth forecast for Cambodia to 5.3 percent, down from the earlier prediction of 5.5 percent. The main reason for this revision is the slower-than-expected growth in the industrial sector. This information was included in the ADB’s ...

Prime Minister Hun Sen has called investors from China’s Anhui province to invest in numerous sectors across Cambodia in an effort to spur two-way trade between the Kingdom and China in order accomplish their joint target of US$5 billion in trade by 2015. Meanwhile, Cambodia’s opposition party ...

For the first semester of 2013, Cambodia attracted 879, 782 tourist arrivals from ASEAN region, plus 23.5 per cent if compared in the same period of last year, a report from tourism ministry obtained on Tuesday said.  The figure of tourist arrivals from ASEAN for the ...

The ministers expect ASEAN’s economy to improve in 2015 to 5.1% – above the 3.5% global growth projection – based on the stronger demand in advanced economies, energised by the robust US recovery and several policy stimulus measures in the Eurozone and Japan. ...

The Ministry of Health said yesterday it has discovered for the first time in nearly 10 years a fatal case caused by Avian influenza H5N1, also known as bird flu. ...

Minister of Commerce Pan Sorasak expressed optimism that more US companies would discover Cambodia, and set up base in or expand operations in the Kingdom, as trade between the two countries logged more than $5.5 billion in January-August, up by 28.5 per cent year-on-year. ...

Investment in the construction sector reached an all-time high last year at almost $3.5 billion, up about 40 percent from the $2.5 billion invested in the sector in 2014, according to data from the Ministry of Land Management, Urban Planning, and Construction.   ...