Almost 3,400 new businesses were registered in Cambodia in 2012, an increase of 9 percent on the previous year, according to figures from the Ministry of Commerce. In 2012, the ministry’s business registration department recorded some 3,385 new companies, compared with 3,104 new companies in 2011, ...

The government’s brand-new Airbus A320 jet took off on official state business for the first time yesterday, when it departed from Phnom Penh International Airport en route to Beijing with King Norodom Sihamoni and Queen Mother Norodom Monineath. “It is the government’s plane and is for ...

TOEK CHHOU DISTRICT, Kampot province – A donor-backed project launched here on Saturday aims to produce Cambodia’s first export-quality sea salt and invigorate the struggling local salt industry. In a ceremony among Kampot’s vast fields of coastal saltpans and low levees, company representatives from Asia Salt ...

Cambodians, particularly young adults, are more often turning to banks to help them buy their homes, according to figures obtained from the National Bank of Cambodia (NBC) yesterday. From $179 million in 2008, the total sum lent out to those buyers fell to $94.5 million ...

Cambodia Angkor Air will launch routes to China and the South Korean city of Seoul by August while it eyes additional destinations to Singapore and Malaysia, according to a senior official with the country’s national carrier. “Singapore is a hub for Asia, so we have ...

Phnom Penh’s new governor used his swearing in ceremony to Friday to boldly vow to solve some of the municipality’s longest-running and most high-emotive land disputes. Pa Socheatvong officially took over on Friday from outgoing governor Kep Chuktema, who served as the city’s chief for 10 ...

A year after a massive military raid here that left a 14-year old girl dead and hundreds of families evicted, there remains little sign of the original land dispute that turned this rural village into a hotbed of agitation. But a new firm and a government-issued ...

About 30 former residents of the Boeng Kak community submitted a petition on Friday morning to the World Bank office and several embassies in Phnom Penh, calling for a halt to all funding for longtime anti-eviction protesters from the Boeng Kak area. The Boeng Kak counter-protesters ...

Caffe Bene, South Korea’s second-largest coffee chain, on Tuesday announced plans to open in Cambodia, according to a Korean media report. But while its entrance adds one more competitor to the more than half-a-dozen coffee chains already in the country, local franchises said the market is ...

The usually static share price of the Phnom Penh Water Supply Authority (PPWSA), still the only company listed on the Cambodia Securities Exchange (CSX), fell Monday to its lowest price since it began trading more than two years ago. At the close of business Monday, the ...

Prime Minister Hun Sen approved the creation of three new districts for Phnom Penh on Wednesday. Four existing districts are being divided to create the new areas, dubbed Chbar Ampov, Prek Pnov and Chroy Changva. Phnom Penh City Hall spokesman Long Dimanche told the Post last ...

Canadia Bank PLC and Cambodia’s postal service are expected to open a commercial bank next month with financial backing from one of Singapore’s largest financial institutions, officials and sources with knowledge of the venture said Thursday. The bank, known as Cambodia Post Bank PLC, will provide ...

The number of new businesses registering in Cambodia continued to plummet through the third quarter of this year amid tightened rules for start-ups and waning investor confidence following the still-unresolved national elections. Data from the Ministry of Commerce yesterday showed that 853 new businesses registered with ...

The Ministry of Interior has approved the creation of three new districts in Phnom Penh following a proposal from City Hall to create five new districts before district and city council elections are held in May. Sak Setha, secretary of state at the Ministry of Interior, ...

Economic growth has a close correlation with the quality of education, and not its quantity, a graduate student at the University of Chicago says. While education for all has been introduced in Cambodia, more needs to be done toward offering equal access to quality education, ...

A re-election should be held in 2015 following the implementation of a comprehensive series of electoral reforms, an umbrella group of local rights organizations and independent election monitors said Friday. The organizations, including the Committee for Free and Fair Elections (Comfrel), Adhoc, the Community Legal Education ...

A new highway that is being built is expected to not only reduce traffic jams, but to also open up a large area for real estate development. The new highway, called Samdech Techo Hun Sen Blvd, runs from the intersection of Road 271 and Monivong Blvd ...

Lawmakers from the ruling Cambodian People’s Party yesterday unanimously voted to pass legislation which will create three new government ministries. Sixty-six CPP representatives voted to create a Ministry of Public Function, which will oversee the affairs of civil servants. The MPs also followed through on a floated ...

The rights group Adhoc says it is monitoring “at least 100” individuals who are complicit in forestry crimes across the country. These include “high-ranking officers” of the police and military police; business tycoons; and ordinary citizens across 11 provinces, Chan Soveth, a lead investigator for the ...

Cambodia’s General Department of Taxation has laid out a series of reforms it says are needed as the 2015 deadline looms for the Asean Economic Community, a single market for trade and development. Strengthening tax collection to increase revenue while nurturing an attractive investment climate is ...