The value of garment and shoe exports to the European Union are expected to reach the same level as those sent to the U.S. by 2013, an official from the Garment Manufacturers Association in Cambodia (GMAC) said yesterday. Garment, textile and shoe exports to the E.U. ...

Bangchak Petroleum, a majority state-owned oil refiner and retailer in Thailand, said it wants to open five petrol stations in Cambodia, with the first station opening in 2014, the Bangkok Post reported last week. Tui Rutten, president of the Thai Business Council of Cambodia did not ...

Property has seen a boost in Sihanoukville city in the first quarter of this year, underpinned by increased tourist numbers year-on-year. Cheng Kheng, director of CPL Real Estate Company and president of the Cambodian Valuers and Estate Agents Association, said the outlook on property in Sihanoukville ...

The Phnom Penh Autonomous Port will transfer 75 per cent of its loading capacity to a new location at Kandal  to better handle the increased shipments passing through the capital, according to PPAP officials. The PPAP had received US$68 mill-ion in financing from the Chinese ...

Prime Minister Hun Sen has called for the removal of all tariff and non-tariff barriers when the ASEAN Economic Community (AEC) integrates in 2015, saying it is of central importance. Speaking at the opening of an ASEAN symposium in Phnom Penh on Tuesday, the premier said integration of ...

Natural rubber consumption in China, Cambodia’s largest rubber market, is expected to rise by 7.2 per cent in 2013 after growing by 4.5 per cent last year, according to the Singapore-based International Rubber Study Group (IRSG). Demand in North America was expected to grow 4.2 per ...

The burgeoning demand for high-end electronic devices in Cambodia, driven by a more affluent and growing middle class, has doubled or even tripled sales revenues in the country, industry leaders say. “The market demand is shifting to the premium segment – from normal phones to smart ...

A $300,000 sum to repair Siem Reap City’s fire-ravaged Doeum Kralanh market, originally billed on Monday as a donation from Prime Minister Hun Sen, will actually be taken from the national budget, according to a senior ruling-party official. Less than three weeks before the July 28 ...

Prime Minister Hun Sen used the opening ceremony of a dam in Pursat province Thursday to act out a scene of biting political satire by pouring scorn on promises from the opposition CNRP to simultaneously reduce food prices in markets, while increasing prices paid to ...

The Wildlife Conservation Society (WCS) says its Ibis Rice project has recorded a production surplus for the first time in its five-year history, prompting a bid to export the boutique product overseas. Concentrated in Preah Vihear province, Ibis Rice farmers produced more than 435 tonnes of ...

Turkish companies looking to expand operations in the Kingdom’s health care industry were among the most visible participants of a trade exposition held in Phnom Penh over the weekend. ...

Cambodia approved $1.2 billion in investments from China in the first six months of the year, a 104 percent increase in the amount of Chinese money set to flood into the economy compared to the same period last year, the Cambodian Investment Board said. The ...

Fears of theft are on the rise among market vendors in a tourist district in Cambodia’s Siem Reap province, the gateway to the world-renowned Angkor archeological site. Vendors at a market in Puok district said they had lost a lot of money following a slew of ...

Global food prices fell 1 per cent or two points in the October 2012 Food and Agriculture Organisation’s (FAO) Food Price Index released on October 7, 2012. The index averaged 213 points, compared to September’s revised level of 215 points. According to the FAO, the decrease ...

Hundereds of families have been evacuated from their homes in Banteay Meanchey province, with about 1,000 more refusing to leave, despite water that is chest-deep in some areas due to Mekong River flooding. The evacuation of more than 500 families began late last week, as heavy ...

Ten days ago, Loun Somaly, 33, left his house to deliver a deposit to the glass workers he hired to replace a window on his rickety sheet metal-panelled house. Ly Sophal, Somaly’s tenacious three-year-old son, followed him outside, asking if he could join. But with floodwater ...

Cambodia’s first Vietnamese wholesale market is being constructed in Phnom Penh, a Vietnamese trade officer told the Post yesterday. Tran Tu, trade attaché of the Vietnam Trade Office in Cambodia, said the new wholesale market seeks to enhance Vietnamese produce in Cambodia. The wholesale market, will be located ...

Phnom Penh City Hall plans to expand a section of Sothearos Boulevard outside a main entrance to the new Aeon Mall to help ease traffic congestion when the four-floor shopping center officially opens on Monday, officials said Wednesday. “We have a plan to expand the street ...

The presence of AEON Mall in Cambodia has stirred a lot of questions revolving around the future success of this Japanese giant mall. Since the official opening of the mall, thousands of people have flocked to visit this new mall. Not only people in general ...

An official at the Ministry of Planning said yesterday that a lack of funds may be to blame fo the Ministry of Finance and Economy suspending the publication of June’s consumer price index. Sam Saroeun, deputy director of the statistics department at the Ministry of ...