A UNDP report has praised Cambodia for its rapid development to the medium human category, increasing a staggering 56.9 percent in two decades, but raised grave concerns about how the poorest are being left behind. ...

Businessman Try Pheap, who in recent months received large-scale economic land concessions in Boeng Per Wildlife Sanctuary in Preah Vihear province, has donated $130,000 to the sanctuary’s environmental management and the local CPP office,  officials said yesterday. Recipients of the funds denied that there was ...

Despite the recent downgrading of two of Cambodia’s major banks by ratings agencies Moody’s and Standard & Poor’s, bankers said yesterday that profits are up, loan portfolios are growing at a fast tick and non-performing loans are shrinking. In Channy, president and CEO of Acleda Bank, ...

Cambodia’s 2011 rubber exports and export prices grew by 5.5 per cent and 131 per cent respectively, according to data from the Ministry of Commerce obtained by the Post. The data shows rubber exports last year totalled 46,727 tonnes, compared to 30,040 tonnes in 2010. Export ...

Total government spending in 2012 is set to reach $2.62 billion, an increase of 9 percent on the $2.4 billion the government had budgeted to spend in 2011, according to a copy of the 2012 draft budget law obtained yesterday. As part of the new budget, ...

A fourth day of protests by garment workers in Kampong Cham turned unruly yesterday, as nearly 2,000 workers shattered the windows of their factory with stones after briefly blocking National Road 7. The workers blocked the road for about 10 minutes at 9am, before returning to ...

Net profits at Acleda Bank increased by 86% to $49.4 million in 2011 as the company grew both its deposits and loan portfolio. In a statement released on Friday, Acleda said that loans grew by 35.4 percent to $989.4 million, while deposits at the bank ...

Experts are warning that the Lower Mekong Basin may soon face depleting fish stocks, further erosion of the coastline and rising salinity that will make rice fields uncultivable. An extensive, government- funded study by the Vietnam National Mekong Committee estimates the value of fish from ...

Metro Machinery, the biggest dealer of heavy construction equipment in Thailand, is looking over the borders to Laos and Cambodia, which are exploiting their abundant natural resources and racing to develop infrastructure. The company will on October 9 ink two deals worth Bt1.5 billion each – ...

Cambodian milled rice exports to international markets grew only 2 per cent year-on-year, leading rice trading experts to express concern that the goal of exporting a million tonnes in 2015 cannot be accomplished. Hean Vanhorn, deputy director general of the Ministry of Agriculture and director of ...

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 ...

International arrivals to Cambodia bounced back in October with a growth of 20% after a below average performance in the third quarter. Cambodia’s Statistics and Tourist Information Department, Ministry of Tourism, reported arrivals increased 24.8% to 290,959 during October. The percentage increase for 10 months lifted ...

The Ministry of Industry and Trade (MIT), in conjunction with the Cambodian Ministry of Commerce, held the 5th Conference on Vietnam-Cambodia Border Trade Development Cooperation in southern Binh Phuoc province on January 9. According to Minister of Industry and Trade Vu Huy Hoang, bilateral economic ...

The National Assembly on Friday passed a law approving the government’s revenue and spending in 2011, drawing criticism from the opposition, which claimed the amount taken in by the government during the period was too low. All 77 CPP lawmakers present voted in favor of the ...

Hun Sen announced that 1.5 mln hectares of Economic Land Concessions were granted to private companies. 1.2 mln hectares, 80 percent, of the concessions are used for rubber plantation sector. He said, that Cambodia still maintain[s] 9.2 mln hectares of forest land even though 1.5 mln ...

Some 4.5 million Cambodian children aged between 9 months and 15 years, have received new measles and rubella vaccines during the biggest nationwide immunization campaign, starting from October to December. Addressing in a joint press conference on the success of measles-rubella vaccine supplementary immunization activity campaign ...

Cambodia had dispatched some 22, 300 laborers overseas in 2013, down 36 percent from 34,800 a year earlier, figures from the Ministry of Labor showed Monday. The country sent 13,170 workers to Thailand last year, down 50 percent year-on-year; 8,820 to South Korea, up 8 ...

A commune police officer has been summonsed to appear at Ratanakkiri’s provincial court on Friday after 10 villagers filed lawsuits against him in September for his alleged involvement in illegal logging in a community forest and for threatening them with a rifle, villagers and the ...

It is almost four years since the UN General Assembly declared that water was a human right, meaning every person should have access to safe water and basic sanitation, yet 6.3 million Cambodians do not have this basic necessity, UNICEF said to mark World Water ...

Cambodia’s Angkor Wat temple, a world heritage site, had attracted 778,740 foreign visitors in the first quarter of 2014, up 12 percent compared to the same period last year, official data showed Wednesday. The top five countries visiting the site are South Korea, China, Vietnam, Japan ...