At first glance, the numbers indicate Cambodia’s investment climate has grown a little colder. Conditions appear to be worse than they were a year ago due to a big drop in total fixed assets for approved investment projects. However, economists say the Cambodia outlook is actually ...

Villagers belonging to a Thai activist group filed a complaint to Thailand’s Administrative Court yesterday for the cancellation of an agreement form the country’s Electricity Generating Authority of Thailand to buy power from a controversial mainstream Mekong dam in Laos, an NGO representative said yesterday. “According ...

The lastest investment data from the government shows that Cambodia’s economy is moving away from the long-trusted staple of the garment sector and into more compplex industries. For more than a decade, garments have accounted for the lion’s share of the country’s export market as investors shied away ...

More than 100 Cham fishing families who moor their boat homes on the banks of Phnom Penh’s Chroy Changva peninsula have been ordered to relocate, with one official saying the fishing boats were spoiling the beauty of the riverbank and the area around the new hotel. “We already ...

Almost five months after the launch of the Credit Bureau Cambodia (CBC), experts agree that it has given financial institutions valuable new access to information about creditworthiness of potential borrowers, improving efficiency and loan quality. At the same time, there are still a few rough ...

Due to the expansion of economic and business activities between Cambodia and China, since early August the Bank of China has been negotiation with National Bank of Cambodia (NBC) on the promotion of business transactions in Chinese yuan. It is part of a larger but quiet ...

A Chinese factory manager sparked a near-riot in Phnom Penh yesterday morning after publicly destroying two photos of the late King Father in front of hundreds of workers. More than a thousand employees of the Top World garment factory launched an immediate strike, and threatened to ...

Cambodia’s tradition of silk production is one that dates back as far as the 13th century. A long-standing symbol of status for the rich and the country, ancient Angkorian silk producing Cambodia bore unique weaving and reeling techniques that have been passed down from generation ...

Eight hundred and sixty-eight workers have been fired from the Winson International garment factory after they refused to obey a Kampong Speu Provincial Court injunction last week ordering them back to work within 48 hours. Free Trade Union official Ry Sithinet said yesterday that the workers, ...

The Cambodian automotive industry will expand after the Kingdom’s integration into the Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) in 2015, thanks to the free flow of goods within the bloc and Cambodia’s competitive advantage as a low-cost manufacturer, according to Cambodian Commerce ...

The Thai owners of a pair of sugar plantations in Koh Kong province accused of forcing hundreds of farmers off their land will give the land back if it can be proved that those evicted legally own the land, rights workers and a village representative ...

Cambodia Angkor Air (CAA) intends to acquire seven more planes by 2015, more than doubling its existing fleet of five, as the airline plans new routes in the next few years to China, South Korea, Hong Kong and India. The plan was unveiled at an industry ...

Prime Minister Hun Sen said yesterday that the rapid growth of Phnom Penh’s population coupled with the rampant construction of new property projects means that there would always be a shortage of water and electricity in the capital. Speaking to a crowd of thousands who had ...

The Court of Appeal on Monday acquitted a South Korean businessman who allegedly stole $50,000 that was supposed to be used to acquire Cambodian citizenship for his boss in 2007. Koo Bonkwang, the former president of Commerce Central Finance, a microlender, said he paid the money ...

Thanks to a more stable and undisturbed supply chain, sales of new cars in Cambodia have risen dramatically over the first six months of this year compared with the same period in 2012. But the purchases pale in comparison to the country’s thriving second-hand market. Kong ...

Japan-base Terra Motors said it plans to sell its smartphone-compatible electric scooter in Cambodia by the end of this year. The lithium-battery-powered A4000i, introduced last week in Tokyo, can be connected to an iPhone, delivering live data while driving. “We will start to sell this scooter ...

Following global supply growth and falling prices, Cambodian rubber has decreased in value over the past three months, according to industry experts. Men Sopheak, deputy director-general of the Chop Rubber Plantation, a major rubber exporter in Cambodia, said yesterday that the price of dried [natural] rubber ...

The United Nations Special Rapporteur on the situation of human rights in Cambodia, Surya P. Subedi on Wednesday praised Cambodia’s general elections held on Sunday, and appealed for calm and political reconciliation. The human rights expert also appealed to the people and all political actors ...

The recent power shortages have left residents of Phnom Penh out in the heat and dark, but amidst their mounting frustration, state-owned energy supplier Electricite du Cambodge (EDC) has announced it will be purchasing more power from Thailand to address the shortfall. Keo Rattanak, director-general of ...

With Saturday’s opposition protest now expected to be a peaceful meditation on justice—rather than a demonstration against a flawed election process—Cambodian analysts say the current post-election deadlock may soon pass. Opposition leaders said Monday they planned to go forward with a mass demonstration, but that they ...