Current assets in Cambodia’s banking and financial institutions had risen to 25.6 billion U.S. dollars by June 2016, an increase of 21.3 percent in the last 12 months, according to the biannual report of the National Bank of Cambodia (NBC), or the central bank, on ...

Ten union representatives were yesterday suspended from the Southland garment factory in Phnom Penh’s Por Sen Chey district after more than a thousand workers went on strike to protest the factory’s decisions about time taken off for voting in Sunday’s commune elections. ...

On 28 July 2017, Preah Sihanouk administration, with participation from H.E. Yun Min, Preah Sihanouk Provincial Governor, has made social land concessions to 176 families in Kbal Chhay, which is located in Village 1, Sangkat 1, Sihanoukville. ...

Prime Minister Hun Sen yesterday pledged to remain in power 10 more years to “maintain stability” in Cambodia, going on to blame the fatal crackdown on wage protests in 2014 on a “conspiracy” orchestrated by the beleaguered opposition. ...

Political commentator Kim Sok was sentenced to 18 months in prison this afternoon on charges of incitement and defamation for appearing to suggest that the ruling party was behind the killing of popular analyst Kem Ley. ...

Sri Lanka’s Touchwood Investments PLC has acquired 11,138 hectares of land in Cambodia to set up an agricultural project to plant rubber and other crops. Chairman of the firm, Roscoe A. Maloney, says the acquisition done in the previous financial year is aimed at exploring the ...

Cambodia attracted some 2.57 million international visitors in the first nine months of this year, a 24% rise compared with the same period last year, a report from the Ministry of Tourism showed on Wednesday. ...

Cambodia had exported garment and textile products in equivalent to 2.1 billion U.S. dollars in the first six months of 2012, up 9 percent from 1.93 billion U.S. dollars in the same period last year, a report from the Commerce Ministry showed on Monday. ...

Felda Global Ventures Holdings Bhd (FGVH), the world’s third largest palm oil company by hectarage, plans to buy 150,000 ha estate land over five years to realise its cherished vision to emerge as the world leader in the palm oil industry On FGVH’s cross-border expansion plans, ...

Cambodia had granted operating licenses to 2,606 new companies in the first nine months of this year, a 11 percent rise from 2,336 new firms at the same period a year ago, the report of the Commerce Ministry showed Wednesday. Those companies are dealing in the ...

When tales emerge from the retail supply chain, they’re usually tragic, like the alleged sweatshop conditions at the Foxconn (HKG:2038) plants that churn out Apple (NASDAQ:AAPL) products, or the 112 Bangladeshi workers who died when their factory, where clothes for Wal-Mart (NYSE:WMT), Sears Holdings (NASDAQ:SHLD), ...

Cambodia’s import and export trade volume had amounted to US$2.7-B in the 1st 2 months of this year, up 28% compared to the US$2.1-B in the same period last year, the statistics of the Commerce Ministry showed Friday. Main products Cambodia imported are garment and textile ...

About 5,000 Cambodian workers took to the street on Wednesday to mark the International Labor Day, calling for pay rise, better labor conditions and decrease in petrol prices, a union representative said. Marchers, mostly garment workers, held banners and walked from the Freedom Park near the ...

The Cambodian government on Monday issued a statement, warning foreign diplomats against interfering in the country’s internal affairs over the contested July 28 election that handed victory to Prime Minister Hun Sen’s ruling party. “Cambodia does not need to resort to laws from other countries. ...

The Chinese government on Thursday signed up to provide a free-interest loan of 200 million Renminbi (33 million U.S. dollars) to Cambodia for social and economic development projects. The agreement was inked between Chinese Ambassador to Cambodia Bu Jianguo and Cambodian Finance Minister Aun Porn Moniroth ...

Cambodia’s inflation rate has accelerated to 2.9 percent in the first six months of the year, up from 1.8 percent over the same period last year, according to a report of the National Bank of Cambodia (NBC) on Wednesday. “The rate, below 3 percent, is low ...

Cambodian Deputy Prime Minister and Defense Minister Tea Banh on Thursday warned main opposition against unlawful acts in its daily protests against Prime Minister Hun Sen’s government. “In the latest development, the opposition’s protesters are demanding the legitimate Prime Minister (Hun Sen) of the government to ...

The Greens will attempt to force a vote in the Senate on plans to resettle in Cambodia refugees whose claims for protection are recognised on Nauru and is challenging Labor to block any deal. The party’s immigration spokesperson, Sarah Hanson-Young, is confident any deal with the ...

Cambodia has seen a trade deficit of 1.41 billion U.S. dollars in the first six months of this year, the latest report of the Ministry of Commerce showed Monday. Total trade volume reached 8.95 billion dollars during the January-June period this year, an increase of 17 ...

Prime Minister Hun Sen of Cambodia believes that within 6 months, Cambodia will have direct flight from Japan, which will help promote tourism and investment in the Kingdom. The Premier made such comment January 31 during his meeting with Delegates of World Tourism led by Mr. ...