Cambodia’s economy will grow 7.1 per cent in 2016 while per capita income will reach $1,301 this year, Prime Minister Hun Sen said yesterday.   ...

Battambang land prices have increased this year, according to a local real estate firm. Sorn Seap, general manager of Key Real Estate, said land prices in Battambang city, capital of the province of the same name, have increased by around 12 per cent this year compared ...

The financial standing of Cambodian borrowers has seen improvement over the years in many cases, as per data with the Cambodian Microfinance Association (CMA). ...

In a move to bolster foreign investment, the Cambodian Chamber of Commerce (CCC) has announced plans to establish additional liaisons abroad, with a particular focus on the European Union. ...

A Toyota SUV and the load of illegally logged luxury wood found inside it on Monday belong to the wife of a district police chief in Tbong Khmum province, according to local officials, who say they have no intention of taking action against the couple. “We ...

Cambodia’s consumer price index (CPI) increased by 0.1 percent to 3.8 percent in June from 3.7 percent in May this year, according to the latest statistics of the National Institute of Statistics (NIS) on Wednesday. From May to June 2012, price for food increased by 0.9 ...

Gasoline prices have been decreased by 300 Riel per liter, according to an announcement issued Thursday by Ministry of Commerce. The oil prices of four companies are decreased from current 5,050 Riel to 4,750 Riel per liter for gasoline, while from 4,750 Riel to 4,500 ...

Cambodian Prince Norodom Ranariddh, a son of late King Norodom Sihanouk, said Monday that his return to be the president of the royalist Funcinpec Party is to reunite the royalists and Sihanoukists. The prince also said that the party will work closely with Prime Minister Hun ...

Cambodia reported a trade deficit of 33% in equivalent to US$1.99-B in the 1st 9 months of this year, the report of the Ministry of Commerce showed Saturday ...

Cambodia now has a total of 1,301,609 workers in seven countries. Prime Minister Hun Sen said this in a message to mark the forthcoming May 1 International Labour Day. ...

Cambodia economic growth was 7.3 percent in 2012. Agriculture grew by 4.3 percent, crops by 4.9 percent, fisheries by 6.7 percent, industry by 9.2 percent, garment [sector] by 6.9 percent and the service industry by 8.1 percent, said Dr Hang Chuon Naron, Secretary of State ...

A group of 17 union leaders will demand $179.60 when they sit down for the latest round of negotiations this week to determine the minimum wage in the garment sector, which employs more than 600,000 Cambodians. The monthly minimum wage is currently $140. The new figure ...

Cambodia’s construction sector has attracted a total investment of 2.27 billion U.S. dollars in the first nine months of 2013, up 24 percent compared with 1.83 billion U.S. dollars over the same period last year, a government report showed Thursday. The report said during the January-September ...

The $100 million Sokha Hotel and Residence on Phnom Penh’s Chroy Changva peninsula will be ready to receive its first guest by September, and recruitment is under way for more than 1,000 employees, the hotel’s owner said Monday. “We plan to open in September as a ...

Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance (MEF) Tuesday called on the Economic and Financial Policy Committee (EFPC) to develop a management framework for the river port, connecting the river transport system with the sea. ...

The Ministry of Labour’s spokesman yesterday said that free medical treatment for garment workers, announced by Prime Minister Hun Sen last week, will start on January 1. ...

The Senate yesterday spent just 90 minutes ratifying the record $2.6 billion budget law for 2012, which will allow the government to borrow up to $1.1 billion from foreign lenders, according to a Senate statement ...

More than 1,000 villagers in Prey Veng province’s Prey Veng town blocked traffic on national road 11 outside the office of the Cambodian People’s Party yesterday to demand the price of water be lowered from 1,800 riels per cubic metre to 1,200 riels. The protesters, who ...

Cambodia’s northern railway line has been linked to Thailand at the border in Poipet City, officials said at a ceremony on Monday—although sections of track in Cambodia still need to be finished before trains can start running between the two countries. At a ceremony marking a ...

The Ministry of Mines and Energy is set to issue the country’s first commercial underground mining license to Indian company Mesco Gold in two weeks, despite opposition by residents of two villages concerned about compensation and environmental damage. The company plans to break ground on its ...