Government action is needed if Cambodia is to reach its potential for economic growth and address growing inequality, according to a new report from a leading local think tank. The recommendations were included in the Cambodian Development Resource Institute’s (CDRI) annual development review 2012 to ’13. ...

More creative thinking is needed to restore trust in Cambodian products, but intense competition from foreign investment has the potential to stifle local innovation, industry experts say. A survey of more than 600 Cambodian consumers undertaken by Thai Market Research Company Envirosell found that Cambodian consumers ...

Further comprehensive economic co-operation and expansion among ASEAN’s member states, East Asia and its development partners was imperative for managing risks and impacts from the fragile global economy, Prime Minister and ASEAN chairman Hun Sen said during the ASEAN Global Dialogue yesterday. The dialogue brought together ...

IMPORTS of motor scooters reached 264,085 units, with a total value of $139 million in the first 11 months of last year – a 55 per cent jump from 170,380 units worth $86.5 million in the corresponding period of 2011, according to data from the ...

Cambodia’s nine mobile phone operators on Friday agreed to refrain from engaging in unfair competition by offering generous top-up bonuses aimed at increasing their market share, officials said. Mao Chakrya, director of the Telecommunication Regulator of Cambodia (TRC), said that all of the country’s operators agreed ...

Cambodian Prime Minister Hun Sen on Thursday urged local producers to increase production in order to boost the country’s exports when the Association of Southeast Asian Nations (ASEAN) turns into a community at the end of 2015. He [Hun Sen] said when ASEAN became [sic] ...

Cambodia’s Ministry of Tourism on Wednesday finalized its 5-year strategic plan to attract at least 1.3 million Chinese visitors by 2018. Speaking at a seminar on Cambodia tourism marketing strategy targeting China, So Visothy, director of the Tourism Ministry’s marketing and Promotion Department, said that currently ...

Cambodian handicrafts and home decor products could take off with South Korean buyers if certain obstacles – conceptual design, development techniques, and slow delivery services – are overcome, business owners and merchants said yesterday. Speaking at a seminar on Korean Market Access for Cambodia’s textiles at ...

Transparency International’s 2015 Corruption Perceptions Index (CPI) ranks Cambodia as the ‘Most Corrupt’ country in Southeast Asia. Cambodia score was 21 out a possible 100 points, which is the same as the country’s score in 2014. ...

Cambodian rice exporters are worried of losing market share in the European Union (EU) market if the EU-Vietnam Bilateral Free Trade Agreement (EU-V BFTA) is finalized, according to local sources. ...

Khuong Sreng, Governor of Phnom Penh, has confirmed that the Phnom Penh Municipal Authority plans to expand the scope of sales in all 25 state markets after the COVID situation in Phnom Penh seems to be stabilising. ...

Banteay Srei district authorities in Siem Reap province have organised Phsar Kromoun, or improvised market, for vendors to sell necessities to the community amid the temporary closure of the Banteay Srei market where 60 vendors recently tested positive for Covid-19. ...

China and the European markets remain the potential markets for Cambodia’s agricultural products, said key insiders, urging exporters and companies to focus on those two big markets for their processing of agricultural products. ...

The Cambodian police has released a public bidding notice for the procurement of two water cannon trucks which they specifically mentioned are going “to be used against demonstrations. ...

US-BASED Overseas Private Investment Corporation (OPIC) yesterday signed a deal to provide a $5 million long-term loan to Thaneakea Phum (Cambodia) Ltd (TPC), a local microfinance institution (MFI), to support TPC’s expansion of its home improvement loans for low-income Cambodians. Fernanda Lima, director of US-based socially ...

Delegates attending a forum on investment and cooperation for the Mekong sub region, held in the central highland province of Dak Lak on November 9, all agreed that Vietnam, Laos and Cambodia need to work on common preferential policies to attract lucrative investments for the ...

Following a considerable increase in Cambodia’s milled rice exports in the first four months of the year, Minister of Commerce Cham Prasidh said he was optimistic the Kingdom’s rice exports would reach the 2015 target of one million tonnes. With this year’s export figures notably higher ...

South Korea on Monday signed up to provide a grant aid of 21 million U.S. dollars to Cambodia to support four projects for rural development, waterway improvement, health and the stock market. Speaking after the signing ceremony, Hor Namhong said 8 million U.S. dollars of ...

Thousands of employees at Grand Twins International, Cambodia’s only publicly listed garment factory, will be back at the assembly line today after nearly two weeks on strike, accepting a court order to return to work. Workers will follow the order the Phnom Penh Municipal Court issued ...

Cambodia will seize the opportunity to export vegetables to EU market, a Ministry of Agriculture, Forestry and Fisheries senior official Ngin Chhay has said.  ...