Rising global temperatures could greatly exacerbate flooding in Southeast Asian countries such as Cambodia, as well as parts of Africa and South America, a new study by the University of Tokyo has found. Employing 11 different climate models, researchers found that with a mere rise ...

Oxley Holdings Ltd announced that the Group has incorporated Oxley Holdings (Cambodia) Co., Ltd. and Oxley-Worldbridge (Cambodia) Co., Ltd. in Cambodia. Oxley Holdings Cambodia has an issued capital of 20,000,000 Riel (approximately SGD6,309), divided into 1,000 shares of par value 20,000 Riel each. It is ...

Three men locked in a land dispute with Phnom Penh authorities were questioned both by the police and the municipal court Wednesday after they were accused of destroying property on land the government has swapped with a private firm. Ly Bun Heang, said that he, his ...

Representatives of a Vietnamese rubber firm that has been accused of contributing to the illegal deforestation of vast tracts of land in northeast Cambodia joined local CPP-aligned government officials in Ratanakkiri province on Friday to hand out rice, salt and sugar to more than 400 ...

Cambodia reported a 29 percent rise in dry rubber exports in the first five months of 2013, but revenues from the exports rose only 4 percent due to price decline in international markets. Currently, the country has about 300,000 hectares of rubber trees, according to ...

E. Sun Commercial Bank (玉山銀行), the banking arm of E. Sun Financial Holding Co (玉山金控), yesterday announced plans to buy a 70 percent stake in Phnom Penh, Cambodia-based Union Commercial Bank PLC (UCB) for US$69.33 million to facilitate its expansion into Southeast Asia. “We decided to ...

The Department of Foreign Trade plans to set up a “rice trade zone” project in the East to process Cambodian rice for export to other countries. Tikhumporn Natvaratat, deputy director-general of the department, said his organisation plans to implement the project in Chanthaburi, Trat, Sa Kaeo ...

Like the telecommunications industry in Cambodia, the market for internet service providers (ISP), too, is overcrowded, leading industry experts to say that the situation is preventing new investment. Data from the Ministry of Post and Telecommunications showed that at the end of 2012, Cambodia had ...

Cambodia recorded a sharp rise in milled rice export in the first three months of 2012 thanks to increasing international market demand and more investment in post- harvest technologies, Prime Minister Hun Sen said Friday. A commerce report showed that the country exported 95,230 tons ...

China has pledged another $548 million in aid to Cambodia for infrastructure and irrigation systems, extending assistance that some critics say has bought it Cambodia’s diplomatic support. Agreements covering $500 million in soft loans and $48 million in grants were signed when Prime Minister Hun ...

A U.K. firm being sued by 200 Cambodian farmers over the loss of their land to two sugar plantations has defended its business dealings, claiming that the affected families were dealt with legally and were properly compensated for the loss of their properties. Local farmers ...

As this year’s pepper harvest gets under way, farmers in Kompong Cham province are expecting lower yields due to severe hot weather in recent months. Yin Sopha, executive director of the Dar Memot Development Agriculture Pepper Cooperative, said the hot weather and lack of rain ...

Cambodia exported garment and textile products in equivalent to 1.34 billion U.S. dollars in the first quarter of 2013, up 17 percent from 1.14 billion U.S. dollars at the same period last year, the Commerce Ministry’s report showed Friday. Garment industry is the country’s ...

More than 300 ethnic Jarai families from Ratanakkiri’s O’Yadav district in longstanding land disputes with two Vietnamese land concessionaires submitted a petition to UN human rights officers yesterday asking for help. Village representative Romas Chvat said locals were participating in an NGO-led workshop on protest ...

Britain’s Minister of Trade and investment Lord Green is starting his two week visit to Southeast Asia, to promote opportunities for British businesses, in Cambodia Monday, June 10, 2013. The promotion of British businesses is part of a larger effort to enhance the support available to ...

Cambodia’s garment industry, the country’s biggest income earner, recorded 2.06 billion U.S. dollars in export value in the first five months of this year, up 22 percent on the same period last year, a Commerce Ministry’s report showed Tuesday. Garment export accounts for more than 80 ...

Cambodia’s economy would grow by 7.6 percent this year, driven by garment exports, agriculture, tourism and construction, according to a preliminary prediction by the Ministry of Economy and Finance on Wednesday. The ministry said that the GDP volume would be around 15.19 billion U.S. dollars and ...

Corruption, a weak judicial system and the potential for complicity with human and labour rights abuses are key risks for firms looking to invest in Cambodia, a new report [by Maplecroft, a UK-based global risk and strategic consulting firm] analysing investment risk in the Kingdom ...

Booyoung Co., a mid-sized South Korean conglomerate, said Tuesday that it broke ground for one of the largest housing projects in Cambodia, a project Cambodia hopes to spur foreign investments. Booyoung said it will build 40 apartments and seven residential and commercial complexes on 2.7 square ...

Milled rice exports have seen dramatic growth this year as the sector begins to take advantage of duty-free exports to European countries, an official and the U.N. Food and Agriculture Organization (FAO) said. Thon Virak, director of state-owned rice exporter Green Trade, said Tuesday that in ...