In an outbuilding at Lok Sear’s rice milling operation in Kandal province, two four-meter-high cylindrical machines vibrate and hum as the occasional chicken and duck pecks near the concrete blocks holding them up. While they do both feature a thinck band of aluminium around their ...

Large payouts last year by local insurance companies to two garment factory owners and regional natural catastrophes have resulted in a huge hike in the cost of fire insurance for commercial premises in Cambodia, brokers said. Cambodia’s insurance industry paid out some $24 million in fire ...

The homes of nearly 200 families living in Pursat province’s Veal Veng district were demolished yesterday and Monday after officials accused the residents of being involved in a secessionist plot, local officials and villagers said. District governor Chhe Chhiv said that authorities had demolished 191 homes ...

Cambodia’s construction sector is facing a massive labor shortage due to a recent boom in construction projects throughout the country and workers migrating en masse to Thailand in search of higher wages. In 2012, the construction sector expanded rapidly with the total value of approved projects ...

Despite facing a rampant graft problem that has seen Cambodians paying bribes far more often than their regional neighbors, they have growing faith in the government’s ability to fight it, a Transparency International survey has found. TI’s 2013 Global Corruption Barometer, which measures perceptions of corruption ...

The Free Trade Union (FTU) requested that the Garment Manufacturers Association in Cambodia (GMAC) permit workers nationwide to take a weeklong holiday in order to participate in the opposition’s planned demonstrations, according to a letter sent by the FTU this week. Signed by union president Chea ...

Cambodia’s 38 microfinance institutions reported a 44 percent increase in loan disbursements in 2013, according to a report of the National Bank of Cambodia (NBC), the regulator of banking and finance institutions in the country. The microfinance institutions had lent a total 1.17 billion U.S. dollars ...

The first garment factory in Koh Kong province is slated to open in April of next year in what insiders say is a harbinger of manufacturing along the Thai border. Thai-owned KKN Apparel had signed a contract with the Koh Kong Special Economic Zone to launch ...

Rubber growers and exporters in Cambodia stalled exports as rubber prices continued a sharp decline that companies attributed to flooding in Thailand and economic turmoil in Europe. Heng Sreng, general director of Long Sreng International Co Ltd and owner of Boeung Keth Rubber Plantation in Kampong ...

With a focus on the NGO draft law and allegations of government interference in the Khmer Rouge tribunal, international rights group Human Rights Watch blasted Cambodia’s rights record in its annual report yesterday. The government was quick to hit back at the criticism, saying that HRW ...

Consumer interest in gold has increased in Cambodia even with the price of gold at a record high. Gold is up more than $333 from the same time last year. The increase in gold prices is said to be a result of the 2008 financial ...

Japanese financial group SBI Holdings Inc announced yesterday that it would launch a $50 million investment fund with The Royal Group to invest in local companies in a wide range of industries. In a statement, SBI Holdings also said that its securities company in Cambodia, SBI ...

With domesticated elephants in Cambodia decreasing drastically, a domesticated elephant protection group in Siem Reap province will set up a breeding centre to restore their numbers. Oan Kiry of The Angkor Elephant Group Committee in Siem Reap city said his group had found a location ...

In Roka commune, money is getting tight.After an HIV outbreak in 2014 saw 264 people infected in the small northwest Cambodian village, aid flowed in, showily. The prime minister’s wife delivered hundreds of kilos of rice, the health minister brought socks and sarongs, nongovernmental organizations ...

Taiwanese-owner garment manufacturer Grand Twins International (GTI), which posted a 44 percent surge in revenue and a massive 390 percent in net profit last year, attributed the surge to an increase in orders and the decrease of raw material costs, administration costs and total commissions, ...

This year’s prahok season has left a bad taste in the mouths of those involved in making the pungent dish that is a staple in Cambodian cuisine. There are concerns that the vagaries in the mudfish catch, due to climate change and illegal exports to Vietnam, ...

About 175 families locked in a land dispute with sugarcane plantation companies in Koh Kong province have asked an inter-ministerial group and provincial authorities to speed up the resolution process and end the conflict. The inter-ministerial working group responded saying they would settle the land dispute ...

Hundreds of garment factory workers clashed with police at a factory in Phnom Penh yesterday during the latest strike in what is now a month-long campaign to have two union leaders rehired. The workers from Nex-T Apparel (Cambodia) Co. Ltd. in Dangkao district were striking in ...

CPP Senator and business tycoon Ly Yong Phat has convinced to more families in Koh Kong province to take a cash payout in exchange for dropping out of a lawsuit involving two local sugarcane plantations he once co-owned, official said. More that 200 families in Sre ...

European companies contributed less to total foreign direct investment (FDI) in Cambodia in 2011 than in 2012 as Chinese investment rose, Eurocham chairman Dominique Catry said yesterday. According to data from the Council for Development of Cambodia (CDC), 1.9 per cent of the total registered FDIs ...