Cambodia’s total exports surged 42 per cent through November to US$4.5 billion from $3.16 billion, official data from the Ministry of Commerce showed, as the Kingdom’s staple products of garments, textiles and agriculture led the move. Rising global demand, new trade agreements with regional neighbours and ...

Local chiefs in Stung Treng province claimed on Monday that the Mekong River has risen by almost 2m, submerging floating cabins at a local tourist attraction, while in Kratie province, a police chief said the water level has risen by 0.5m, flooding Kampi Resort. Preah ...

The EU and Germany have committed to help strengthen Cambodia’s economic integration with Asean member states by providing a €9.35 million ($10.5 million) fund to boost the Kingdom’s trade and investment in the region. The pledge falls under the Asean Regional Integration Support – Cambodia ...

While unemployment rates are low among Cambodian youths, their jobs are largely poorly paid and informal, providing them with just enough money to survive on, according to a recent report.The report, released on Sunday by youth NGO the Youth Resource Development Program (YRDP) and the ...

Viet Nam was among Cambodia’s top five investors as of last April with US$3.2 billion in 171 projects.It is also Cambodia’s third largest trade partner with bilateral trade topping $3.3 billion as of 2015, Vietnamese Commercial Counselor Nguyen Bao said, noting the two countries are ...

A $10.5 million toll road along Veng Sreng Boulevard will start charging drivers as of December 1, according to a Wednesday announcement by the Phnom Penh Municipality.The toll road, built by private contractor Phnom Penh Tollway, will aim to reduce congestion in one of the ...

The Agence Française de Développement (AFD) opened its office in the capital in September 1993. Today, the AFD provides direct funding in the field of agriculture and agro-industry, infrastructure development, manufacturing sector and vocational training. Since 1993, the AFD has given grants of more than ...

Estimates suggest that 0.38 percent of Cambodians have contracted TB, an alarming statistic for a country still recovering from decades of conflict. This rate shows an improvement from the early 2000s, when up to 1.5 percent of Cambodians had the disease. Even so, villagers who live far ...

The PTT Public Company Limited is looking to invest 800 million baht in energy business expansion in Cambodia and Laos in the next five years. The PTT planned to open 4-5 more gas stations in Laos and Cambodia each. The Thai energy giant already has 14 ...

Investment in construction in the Kingdom during the first nine months of this year rose 83.6 per cent, according to data from Ministry of Land Management Urban Planning and Construction last week. The data showed that during the first nine months of this year the ministry ...

An information and communications technology (ICT) event will be held from July 5-7 this year, offering sales and networking opportunities amid a surge in ICT growth in the Kingdom. Expected to draw about 100 companies, the Mobile Social Commerce International Conference and Expo at Phnom Penh’s ...

Acleda Bank, a leading commercial bank in Cambodia, on Monday signed a Memorandum of Understanding with UnionPay International on payment services for mutual benefits, according to the bank’s statement. Xu Luode, president of China UnionPay and vice-chairman of UnionPay International, said currently, UnionPay cards reached ...

Cambodia Airlines plans to spend $1.5 billion to acquire up to 22 planes, a move that might see the new airline’s eventual fleet size overtake that of national carrier Cambodia Angkor Air. “We [will be] starting to deploy 16 to 22 aircraft immediately once it’s ready ...

Flooding has affected close to 287,000 hectares of rice fields, with about 27,800 considered damaged beyond repair, according to government statistics released on Monday. The data from the Ministry of Agriculture, Forestry and Fisheries reveal that rising waters have affected about 11 per cent of the ...

The two sides of the Second Chroy Changva Bridge were connected Wednesday in a ceremony presided over by Transport Minister Tram Iv Tek. He said the Chinese-funded bridge would be completed by September. “The bridge was projected to cost $27.5 million to be spent on construction ...

Cambodian Prime Minister Hun Sen said Thursday that environmental protection is the most important measure to ensure the sustainable development of economy and society. In his message on the 42nd International Environment Day that falls on June 5, Hun Sen said the government is committed to ...

Pailin province’s $5 million animal-feed processing plant and warehouse is to finish construction in the next three months and it is a welcomed development for the local farming community. The plant’s owner, Chea Kea, who also owns Diamond Crown casino on the border with Thailand in ...

Cambodia’s tourist arrivals registered a 0.3% decline in June according to the country’s statistics and tourist Information Department. The country attracted 300,454 visits compared to 301,412 during the same month last year. Released officially by the Ministry of Tourism, last week, data showed Vietnam led the field ...

Wah Seong Corporation Bhd’s strategy to develop a portfolio of renewable energy and power plants in the region is taking off after it inked an agreement with Cambodia. The company said on Monday its indirect subsidiary had signed a power purchase agreement with Baitang (Kampuchea) Plc ...

Electricite du Cambodge (EdC) has announced an $84.5 million project that will see the Vietnamese border town of Bavet connected to the Kingdom’s power grid. EdC representatives told media on January 15 that the Chinese government will in part fund the power grid expansion from Kandal ...