The private sector in Siem Reap’s tourism industry is optimistic that the new Siem Reap-Angkor International Airport (SAI), set to officially open in early December, will boost international tourist numbers. The rise is anticipated despite the currently low numbers of international arrivals, a lingering effect ...

The state-owned power utility is set to undertake a nationwide study on ways to harness an additional 2GW capacity of solar energy proposed by a regional lender, in a pilot project expected to spur up to $100 million in investments that aims to illustrate how ...

Demand for low-quality white rice from African buyers has forced Thai exporters to purchase additional stocks from Cambodia and Vietnam to meet orders because domestic rice is in short supply due to government buying scheme, traders said on Wednesday. The price of 25 per cent broken grade Thai ...

The International Monetary Fund has warned that a credit boom in Cambodia poses a threat to economic growth. Banks have been cutting interest rates to win customers and private sector credit has increased by almost a third in the past 12 months, the fund said. This ...

Exports of Cambodian fish and shellfish products reached 1,618 tonnes last year, worth $3.5 million, a 16 per cent increase from 1,391 tonnes in 2011, according to figures from the Ministry of Commerce. “A major share of the total exports last year was from saltwater fish ...

Cambodia exported just 78,000 tons of milled rice through the first eight months of 2012, and if the government is to reach its target of exporting 1 million tons each year by 2015 the agriculture sector needs more access to financing, participants at the Cambodian ...

Cambodian Prime Minister Hun Sen said he had set a vision that his country will be among countries with upper middle income by the year of 2030. He said Cambodia has laid out strategies and action plans to achieve an annual economic growth of 6-7 ...

The Government of Cambodia and the Asian Development Bank (ADB) on Monday signed loan agreements worth $70 million to expand the country’s rice sector and promote reforms in the finance sector, an ADB’s statement said. Signed by Cambodian Deputy Prime Minister and Finance Minister Keat Chhon ...

Cambodia’s inflation rate has accelerated to 2.9 percent in the first six months of the year, up from 1.8 percent over the same period last year, according to a report of the National Bank of Cambodia (NBC) on Wednesday. “The rate, below 3 percent, is low ...

Experts say the government has not yet done enough to promote the studies of science at the university level, leaving Cambodia behind on technology and other science subjects. Louise Ahrens, a project coordinator at Maryknoll, a US-based organization that provides education counseling at the Royal University ...

Countless rape victims, many of them children, have been failed by widespread flaws in Cambodia’s justice system, which have led to a “disturbingly low” number of convictions, a new study by the rights group Licadho has found.In its report, Getting Away With It: The Treatment ...

Cambodia appears unlikely to meet its target of becoming a high middle-income nation by 2030 and years of gains it has made reducing poverty could be erased by even a modest shock to the economy, according to the latest World Bank data. World Bank senior country ...

HIDDEN in the labyrinth of Stung Meanchey province’s factories, the Sustainable Green Fuel Enterprise (SGFE) found a cleaner way to produce charcoal: from coconut shells and industry leftovers. It is still one of the principal sources of energy for cooking in urban areas. Chief Executive Carlo ...

After two years of assembling Hyundai vehicles in Cambodia for the domestic market, South Korea-based Hyundai Motor Company is increasing its production to meet rising demand, aiming to reach 800 units in 2013, a company’s representative said. Located in the Koh Kong Special Economic Zone, ...

Cambodia has retained its B credit rating despite ratings company Standard & Poor’s citing the country’s ongoing political standoff as a “major” constraint. S&P affirmed Cambodia’s B/B credit rating last week, labeling the country as having a strong and stable long-term and short-term outlook. Engagement of international ...

Eight families involved in a land dispute in Kompong Chhnang province with Chea Kheng, the wife of Mines and Energy Minister Suy Sem, on Wednesday walked away from a meeting that was set up at their local district administrative office to resolve the dispute, an ...

Pressure is mounting on the Kingdom’s telecommunications industry to stay ahead of the game as the demand for data and mobile internet becomes a top priority for Cambodian consumers. As global smartphone manufacturers saturate Cambodia’s market in an effort to meet the demand for new technology, ...

Tokyo: Cambodia needs more than an estimated US$13 billion in infrastructure works by 2020 if the country intends to continue attracting foreign investment, a joint survey by some of the world’s top financial institutions indicated on Wednesday. During a conference held by the Japan International Cooperation Agency ...

PHNOM PENH — Cambodia’s low-rise capital city is reaching for the sky—again. Long known as one of the last major Asian cities without a skyline, Phnom Penh embarked on a high-rise building boom in the middle of the last decade, only to see it derailed ...

When Chhin Theang picked up the long-awaited title to her Boeung Kak home during a low-key ceremony at the Daun Penh district office on Monday, the moment was bittersweet. “We always had hope because we protested. We had to get land titles,” Ms. Theang said ...