Fast food chain KFC lost more than half-a-million dollars in the first half of 2012, according to a statement to the Malaysian stock exchange last week by the majority owner of KFC Cambodia, QSR Brands. The statement said that the company suffered losses of $578,000 in ...

Prime Minister Hun Sen received a visiting delegation of Japanese investors on Friday, according to the national news agency Agence Kampuchea Presse. Led by Fujino Takashi from the Keidanren Japan Business Federation and a member of the Board of Directors at Asahi Glass, the delegation’s visit ...

Citibank, one of the largest banks in the US, showed stronger interest in Cambodia yesterday when the Bangkok-based Thailand head of the big international bank met with Economy and Finance Minister Kheat Chhon. Mey Vann said Citibank recognized that Cambodia had a good investment climate and incentives ...

More than 16,000 hectares of rice paddies are currently being affected by drought across the country, officials said yesterday. “There wasn’t enough rain for the rice this year, ” said Nhep Srorn, director of Takeo province’s agriculture department. Pich Sokhin, governor of Oddar Meanchey province, said ...

The Cambodian government has developed six prakases related to a controversial sub-decree that regulates the recruitment of migrant workers, but it cannot yet release the details, a Labor Ministry official said yesterday. On the sidelines of an ASEAN meeting in Siem Reap aimed at curtailing migrant worker abuses, Seng Sakada, ...

Cambodia has been featured as a case study in a new report launched by the Food and Agriculture Organization of the United Nations (FAO) focusing on the effect of foreign direct investment (FDI) in developing nations’ agricultural sectors. While the report acknowledges the positive effects ...

Following the release of the country’s first nationwide economic census earlier this year, the government is now planning to carry out a similar census dedicated to the agriculture sector, a government official said yesterday. Minister of Agriculture Chan Sarun announced the government’s intention to carry out ...

Trade between Vietnam and Cambodia exceeded US$1.9 billion dollars in the first seven months of this year, the High Quality Vietnamese Goods Business Association said yesterday. Speaking at a news conference, an association official said Vietnamese exports to Cambodia came to $1.6 billion in the seven ...

Employing some 700,000 Cambodians, the garment sector is the country’s largest private employer. But move above the factory floor and you will find mostly foreigners, from countries such as China, Singapore, Bangladesh, Sri Lanka and the Philippines. ...

One woman who has been actively involved in the development of Cambodia’s business climate is Janet Lueckenhausen of Functional Engineering. She’s been working closely with Cambodia’s biggest foreign-owned companies since 2008. Now she’s shifted in her role from executive director of International business Chamber of Cambodia ...

The Royal Government of Cambodia (RGC) has issued a sub-decree to establish the General Department of Digital Economy that will exclusively function under the Ministry of Economy and Finance (MEF) to direct, regulate and develop the digital economy in the country after the Deputy Prime ...

PHNOM PENH, Cambodia — For an Internet start-up, Arjuni faces more challenges than usual. The e-commerce site that sells hair extensions operates out of a five-story building here that lacks elevators and, sometimes, power. Employees typically have to travel to remote villages by motorbike or foot ...

On 24 August 2022, the Ministry of Education Youth and Sports has posted an announcement on the delay of the higher secondary diploma examination on its social media site. According to the announcement, the proposed date for the upcoming higher secondary diploma examination was on 14 ...

Regus, the world’s largest provider of flexible workplaces is offering a helping hand to local and international businesses in Cambodia, with the launch of its first business centre there. The flexible workspace at the center enables companies of all sizes to expand their presence in ...

Thailand’s GL Finance Plc. launched its business in Cambodia on Friday by opening eight branches in Phnom Penh and Kandal province that will operate hire purchase operations out of Honda motorcycle dealership. Speaking during the opening ceremony for its branch in Phnom Penh’s Prampi Makara district, ...

Starting today, Kingtel, a new internet and telecom service provider, will offer internet services to customers, with the company expected to launch call services within the next few months. ...

Cambodia is considered “the most promising country” in the ASEAN community where Thai business entrepreneurs could set up trade and investment projects, according to a noted Thai academic and economist. Roongrote Benjamasuthin, director of the University of Thai Chamber of Commerce’s ASEAN business & Economic Center, ...

Publicly listed Japanese conglomerate Resona Holdings signed an agreement yesterday with Cambodia Public Bank (Campu) aimed at increasing its customer base in the Kingdom’s banking sector. Resona Holdings subsidiary firms Resona Bank, Saitama Bank and Kinki Osaka Bank are all part of the agreement, which allows ...

Almost every aspect of starting or operating a business in Cambodia is becoming more difficult, according to a World Bank report released Wednesday. “Starting a business in Cambodia requires 11 procedures, takes 101.0 days, costs 139.5 percent of income per capita and requires paid-in minimum ...

Garment exports for the first half of 2011 have increased as demand from Europe and Asia grows. The relaxation of duty-free exports to Europe has sped the growth according to the Garment Manufacturers Association in Cambodia. Exports are said to have increased by 32 percent ...