With growing uncertainty in the US economy and an unfolding fiscal and debt crisis in the Eurozone after the global recession in 2008, Asia is expected to continue leading the global recovery. Under such circumstances, the 21st Century is emerging as the “New Asian Century”, ...

Ten of the Kingdom’s 24 ministerial positions are set to be reshuffled at the launch of the new government, according to an internal party memo obtained yesterday. Among those tapped for a cabinet position is Say Sam El – the 34-year-old son of Senate deputy president ...

On​ 10​ March​ 2023,​ Singapore-based​ private​ equity​ fund​ manager,​ Emerging​ Markets​ Investment​ Advisers,​ announced​ its​ first​ investment​ in​ Amru​ Rice,​ Cambodia’s​ largest​ certified​ organic​ rice​ producer​ and​ exporter,​ through​ its​ new​ fund,​ ASEAN​ Frontier​ Markets​ Fund​ (AFMF).​ ...

A rise in pig imports from Thailand and Vietnam has driven down pork prices by as much as 33 percent in the past month, leaving farmers here worried that an oversupply in the market will cut into profits. Prathna Preap, a swine market expert at USAID, ...

The foreign owner of a luxury Siem Reap hotel has sued four workers he sacked last year, alleging they damaged his property during protests in which they accused him of firing them for unionising. In total, 67 workers were sacked last year by Ankor Village Hotel ...

Cambodia has officially opened a stock exchange, which economists say will provide a chance for the development of the country and job creation. However, they warn that mismanagement of the bourse could also lead to economic woes. “When this stock market goes well, it will ...

Police said they freed one recruit from a Phnom Penh recruitment agency this weekend and were seeking to prosecute its director, adding that they were doing the same for the director of the SKMM recruitment agency, where 78 recruits were freed last week. The court ...

Cambodians go to the polls early next month to elect more than 12,000 district officials, but the ballot is also shaping-up as a showdown between the two major parties amid threats of civil war and a crackdown on political dissent in the lead-up to national ...

Rann Boroth, the only man convicted in the double killing six months ago of the country’s leading environmental activist, Chut Wutty, and military police officer, walked free from prison on Friday after the Koh Kong Provincial Court issued an order for his release. On October ...

China has become Cambodia’s biggest investor, putting some $8.8 billion into the country over nearly two decades, according to online data from the government’s lead investment agency. Those investment numbers, from the Council for the Development of Cambodia, from 1994 to 2011, do not take into ...

Members of the Prey Long Forest Network yesterday said they are planning to hold a citizens’ patrol to look for evidence of illegal logging in Kompong Thom province this weekend. The patrol would be the first such patrol in the country since the April 26 murder ...

THE PHILIPPINES is one of the leading countries in microfinance policy and regulation in Asia but it still lags in terms of scale and reach to the poor, the Asian Development Bank (ADB) said. “Of the 21 countries with ADB support during 2000-2010, ADB’s efforts were ...

ASEAN says it will study how to implement a proposed economic partnership with its six external partners that might lead to the foundation of world’s largest economic bloc. The proposed bloc, dubbed the Regional Comprehensive Economic Partnership (RCEP) or “ASEAN+6” , would integrate ASEAN’s 10 ...

Premier Wen Jiabao said on Monday China supports pushing forward an Asian free-trade area, which will cover 28 percent of world’s total export volume. Previous reports said China is expected to make announcements on Tuesday in Phnom Penh that it will join the talks for the ...

Local authorities met with Boeung Kak community members yesterday to register villagers left out of the oft-criticised resettlement scheme as a first step to providing them with titles and onsite housing. More than 10 officials including police, commune and village chief, as well as representatives of ...

More economic activity and a better understanding of using formal financial services among rural residents are leading to good loan performance rates and increases in savings deposits in Cambodia’s microfinance industry, according to industry sources. The loan portfolios of the 35 registered microfinance institutions (MFI) and ...

Cambodia has witnessed a trade deficit of 1.41 billion U.S. dollars in the first eight months of the year, according to figures from the Ministry of Commerce on Monday. The country’s total import and export volume was valued at 10.45 billion U.S. dollars during the January-August ...

Opposition leader Sam Rainsy arrived in Cambodia on Tuesday after a two-week long campaign abroad to seek support for his Cambodia National Rescue Party’s (CNRP) bid to bring foreign intervention to Cambodia’s election dispute. He returned home just a day before his party’s planned three-day protest ...

Cambodia has seen a trade deficit of 1.48 billion U.S. dollars in the first nine months of 2013, according to the Commerce Ministry’s data on Friday. The total import and export volume was valued at 11.82 billion U.S. dollars during the January-September period this year, up ...

Corruption is weighing on businesses, and the avenues to address it are limited, according to Cambodia’s leading employer association. At a joint conference with the International Labour Organization (ILO) and the Cambodian Federation of Employers (CAMFEBA) in Phnom Penh yesterday, the employer representative called on the ...