Cambodia has always been a source for a broad variety of raw materials  from the agricultural sector. The country exports many of these materials to neighbouring countries and other markets in the world – without turning them into new products. This lack of domestic processing has ...

The price of gasoline rose to a 5800 riel ($1.44) per liter Monday, a 14 percent rise since the beginning of the year. Economists and businesses yesterday said the high prices are having a negative impact on the economy, as everything from transportation companies to ...

Cambodia’s lone strawberry farmer has expanded his operations in Mondolkiri province in the past four months to encompass 3 hectares of strawberry fields, a provincial official said yesterday. Heng Sokhum, chief of Mondolkiri provincial agricultural department, said that the strawberry farm of Te Duong Dara ...

On July 29, the Cambodian People’s Party (CPP) declared victory in the country’s general election. With the elections out of the way, Phnom Penh, once known as the “Pearl of Asia”, can again be viewed as a hub of opportunity, especially given Cambodia’s robust average ...

The World Bank said Wednesday that Cambodia has continued to improve its business environment over the past year. Among 189 economies, it is now ranked at 127. ...

A small-scale sand dredging business on the banks of Sraeng lake in Banteay Meanchey’s Teuk Cho commune was shut down yesterday by Preah Net Preah district authorities after it was found to be operating without a license, according to district governor Ly Sovannarith. ...

Thai executives are encouraging their government to build business centers in Cambodian provinces that border the country, as well as in its other ASEAN neighbors, according to Thai media reports. ...

With rebuke raining down on the ruling CPP for its judicial assault, arrests and intimidation of the political opposition and other critics, Cambodia’s annual assessment by the U.N. Human Rights Council will be held next week in Geneva. ...

The growth of new enterprises across many different sectors in Cambodia is driving the rapid growth of insurance premiums and policy holders, the head of the Kingdom’s insurance industry body said yesterday. ...

American software giant Microsoft announced yesterday that it would jointly implement a project with Cambodia’s Ministry of Commerce to create a translation program to simplify complex English and Khmer business terminology in order to help businesses better understand commonly used jargon. ...

The business community in Cambodia has welcomed the recent Cabinet reshuffle, which many say will improve the way the government works and will also improve the economy. ...

The Swedish-Thai business community was given a rare opportunity to get a heads up on the investment climate in Cambodia, courtesy of departing Ambassador of Sweden to Cambodia, Ms Anna Maj Hultgård. ...

More than 100 striking workers at the Vanny Bio-Research company in Pursat town agreed to go back to work yesterday after mediators promised to find an adequate resolution to their demands for a wage hike. The company breeds and cares for 30,000-40,000 monkeys they sell to ...

In its first two months of regular operation Cambodia’s first civil aviation training centre has provided certificates to dozens of aviation officials and airport staff, helping to raise the skill level of personnel in the Kingdom’s fast-expanding aviation sector. ...

Cambodia rice mogul Song Saran, the CEO of one of the Kingdom’s top rice exporters, will diversify his agricultural business interests with the construction of a factory to clean and process locally grown pepper, he said yesterday. ...

Preah Sihanouk provincial authorities and relevant departments have asked businesses and tour operators in Sihanoukville to enhance the city’s beauty and prevent sewage from flowing into the sea, while warning of administrative measures for those failing to comply. A notice concerning order at Ochheuteal Beach was ...

The recent growth of foreign direct investment (FDI) into the Kingdom will be a good opportunity to develop small- and medium- sized businesses, an official said yesterday. According to Hang Chuon Naron, deputy director of the National Economic Supreme Council and secretary of state at the ...

Thailand and Cambodian signed an agreement for the formation of a joint business council to promote bilateral trade and investment. The memorandum of understanding was officially endorsed on Tuesday evening by Thai Prime Minister Yingluck Shinawatra and her Cambodian counterpart Hun Sen on the sidelines of ...

Dozens of business owners occupying more than 8,000 square meters of prime real estate behind Phnom Penh’s Wat Ounalom have been ordered to vacate their premises by the local conglomerate Sokimex Group, an official from the firm said Wednesday. Though the firm declined to say what ...

Cambodia ranked 137 out of 189 countries in the World Bank’s Doing Business 2014 report released Tuesday, the first drop in at least two years that shows conducting Business in the country is becoming more difficult. The report ranks countries in 10 categories, including starting a ...