Cambodia’s economy is on track to maintain its robust recovery thanks to a cocktail of private sector and government efforts. In 2012, the Asian Development Bank estimated that gross domestic product grew at a rate of 7.2 per cent, an increase from a 2011 International ...

Fifteen foreign investments worth $344 million were approved by the government’s investment board in October, most of which were in the garment industry, according to data obtained this week ...

Exports from Cambodia increased 32.9 percent to $3.7 billion during the first ten months of this year compared to the same period in 2010, according to data released by the Ministry of Commerce yesterday. Milled rice exports saw the biggest increase with a 161.5 percent jump ...

Cambodia’s trade deficit with the rest of the world continued to widen last year to $5.2 billion, as the Kingdom’s imports outstripped its exports once again, a National Bank of Cambodia (NBC) report released on Saturday said. The NBC figures revealed that the Kingdom imported $18.8 ...

The Ministry of Public Works and Transportation has issued warning letters to three transportation companies it has deemed irresponsible, ministry officials confirmed yesterday. ...

The Garment Manufacturer Association of Cambodia (GMAC) will launch its new vocational training centre next month, providing courses aimed at upgrading the skills of Cambodian workers in a bid to replace the middle-management positions currently occupied predominantly by foreigners. ...

Cambodia is trying to attract foreign investors with manufacturing bases in neighbouring countries, with promises their factories would be safer from flooding. The Phnom Penh Post reported that Commerce Minister Cham Prasidh is appealing to foreign investors with production bases in neighbouring countries, particularly Thailand, to ...

Hattha Kaksekar Limited, one of the country’s largest microfinance institutions (MFIs), is in talks to become a commercial bank by 2014, an official at the micro-lender said yesterday. The move, if successful, will be in line with the Central Bank’s policy to support MFIs in diversifying ...

Researchers at the Novartis Institute for Tropical Diseases have isolated a new class of drugs that could be used to treat drug-resistant tuberculosis, a disease that affects thousands of Cambodians, according to a report published in the journal Science Translational Medicine last week. The drugs, called indolcarboxamides, work ...

Chinese military trainers on Wednesday successfully ended the 2nd mine clearance course for 52 Cambodian peacekeeping forces after a six-week intensive training. The course, instructed by a team of 12 Chinese military experts, had been conducted at the Institute for Peacekeeping Forces, Mine and Explosive Remnants ...

Before this past September, Nov Borom, a 52-year-old mother of five, lived with both a tenuous housing situation and HIV. But through a collaboration of several NGOs who sought to provide Cambodia’s most vulnerable people with housing able to withstand the region’s rainy season and floods, ...

Makers of food- and beverage-related products are for the first time facing mandatory health regulations, with the unveiling of 10 national standards by the Ministry of Industry and Handicraft. The announcement comes after the National Standard Council, a government-run committee, finally approved the standards in May ...

A group of about 100 people, including 50 or so monks, attempted to march yesterday to protest outside Phnom Penh’s Buddhist Institute, but were thwarted by droves of military police and district security guards on Sisowath Quay. No violence occurred as Independent Monk Network leader But ...

The Kingdom has seen vast improvements in nutrition, general health and mortality rates over the past four years, according to the preliminary results of the fourth Cambodia Demographic and Health Survey (CDHS) released yesterday. ...

Cambodia increased the number of business enterprises it had to 513,759 companies at the end of March last year, up from the 463,363 enterprises accounted for in 2011, according to the final results of the 2014 Cambodia Inter-Censal Economic Survey. ...

The number of children in the country who are stunted—leaving them physically smaller and mentally weaker than their properly nourished peers—dropped by 7 percent between 2010 and 2014, according to a nationwide survey released Tuesday. ...

The International Finance Corporation (IFC), a member of the World Bank Group, has sold its 12.25 percent stake in Acleda bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) in an undisclosed amount after having supported Acleda for over 15 years, said an IFC news statement ...

Two NGOs on Monday launched an online campaign to galvanize public support for providing students with free textbooks after a survey found that 85 percent of high-school pupils lack the necessary books for their studies. The Khmer Institute for National Development (KIND) and the Affiliated Network ...

Despite being hemmed in by construction on all sides as NagaWorld expands its casino empire in Phnom Penh, the Buddhist Institute will not be sold off or rented out, Cults and Religion Minister Min Khin told a National Assembly commission on Thursday. In May, the Institute’s ...

The Ministry of Information yesterday announced a three-year public consultation period on a new access to information draft law that has been in the works since 2007. But freedom of information advocates greeted the news with scepticism, citing a lack of representation from civil society on ...