Cambodia will sign a rice trade Memorandum of Understanding (MoU) with Indonesia in August under which Indonesia will purchase 100,000 tons of rice from Cambodia annually. The deal is expected to boost Cambodia’s rice exports and help the country achieve its target of exporting one ...

Loan demands from Cambodia’s banking industry had surged by 31 percent in the last twelve months thanks to the growing business activities in trade, real estate, agriculture and manufacturing, a central bank’s senior official said Tuesday. As of June 2012, the kingdom’s 32 commercial banks had ...

The 4th world class Japanese Oji Paper Co. Ltd will invest in tree planting in Cambodia for paper manufacture. The information was made known here on Aug. 7 by the Japanese company’s Director Mr. Shimamura Gemmei in a meeting with Cambodian Minister of Agriculture, Forestry ...

Cambodia has gained the investments of 178 million U.S. dollars from its ASEAN member states in the first six months of 2012, according to a report from the Council for the Development of Cambodia said this week. From January to June this year, the country granted ...

The state-owned Telecom Cambodia reported a 5 percent decline in revenues in the first half of this year due to tough competition in the country’s telecommunication industry, company director general Lao Saroeun said Friday. During the January-June period this year, the firm earned a gross revenue ...

Cambodia’s Securities Exchange (CSX) on Monday broke ground for the construction of a 3-storey building in the heart of Phnom Penh, the country’s capital. “The construction of the building reflects the government’s firm stance in developing the stock market and the building will build ...

The Cambodian government has commenced operations at the 18MW Kirirom III hydro power plant in the southwestern part of the country. The facility will produce 78 million KWh of electricity a year and help the country reduce its power shortage crisis and dependence on oil-fueled electricity. ...

Cambodia has seen a remarkable rise in trade volume with its neighboring Vietnam and Thailand in 2012, official statistics showed on Friday. The bilateral trade with Vietnam was worth 3.3 billion U.S. dollars last year, up 18 percent year-on-year, according to a data from the Vietnam ...

Cambodia plans to be gem and jewelry market supply in Southeast Asia region, commerce minister said at the fourth Cambodia gems and jewelry fair 2012 at Koh Pich (Diamond Island Center) on June 14. He adds: Ministry of Commerce is continuing its efforts to monitor and ...

Prudential Plc, the U.K.’s biggest insurer by market value, plans to begin selling insurance in Cambodia in the first quarter of next year to extend its presence in Asia across 13 markets. The firm is hiring sales agents and expects to gain a license to operate ...

Cambodia’s Angkor Wat Temple, one of the World Heritage Sites, received 2.06 million foreign visitors last year, up 28 percent compared to 1.61 million in a year earlier, a tourism report said Tuesday. The temple greeted 339,530 South Koreans last year, up 23 percent year-on-year; ...

Cambodia recorded a 17 percent rise in rubber latex exports in 2012; however, the revenues from the exports went down by 21 percent due to declining rubber prices in the international market, the government’s statistics showed Friday. The country had exported 54,530 tons of rubber latex ...

The bilateral trade volume between Cambodia and the United States was worth about 499 million U.S. dollars in the first two months of this year, down 2 percent compared with 510 million U.S. dollars at the same period last year, the statistics of the U.S. ...

Parliamentarians of Cambodia, Laos and Vietnam gathered in Cambodia’s northeastern Mondulkiri province on Wednesday to discuss the parliaments’ role in supporting the three countries’ Development Triangle Area, according to a media release from Cambodian National Assembly. Speaking at the opening of the two-day meeting, the ...

EZECOM and Telekom Malaysia has [sic] signed a Memorandum of Understanding (MOU) Tuesday to install a submerged cable system called the Malaysia-Cambodia-Thailand Cable System (MCT). A statement reported that Cambodia’s leading Internet service Telcotech Ltd — a part of Ezecom — will sign the MOU with ...

Lending at Cambodia’s commercial banks increased by 5.4 percent in the first six months of this year thanks to a better economic situation, a central bank official said Monday. Nguon Sokha, director general of the National Bank of Cambodia (NBC), said that the kingdom’s 34 commercial ...

NAZA World, which is setting up its NAZA Bikes 3S showroom in Phnom Penh, Cambodia, hopes to win an over 10 per cent market share in the country or 30,000 units, within the next three years. NAZA Group of Companies joint group executive chairman Datuk Wira ...

Bilateral trade between Cambodia and the United States has amounted to 1.44 billion U.S. dollars in the first six months of the year, up 2 percent compared with 1.41 billion U.S. dollars over the same period last year, the figures of the U.S. Department of ...

Chevrolet, one of America’s iconic brand autos, officially launched its first dealership here on Monday, aiming at tapping into the country’s growing market for new vehicles. Martin Apfel, president of the US’ General Motors to Southeast Asia Operations, said at the launching ceremony at the cars’ ...

Sri Lankan agricultural group Lankem Ceylon PLC says it plans to plant 20,000 hectares of rubber in Cambodia as part of a diversification strategy. Lankem chairman A Rajaratnam disclosed the strategy in the company’s annual report for the year to March, 2012, released by the company ...