The Cambodian government has made negligible progress in bringing small- and medium-size enterprise (SMEs) into the regulatory fold, reporting a less than 0.5 percent increase in the total number of companies registered in the last five years – a sign business professionals claim shows that ...

At the Peace Palace in Phnom Penh on May 5, during an official visit between Cambodian Minister Hor Namhong and Japanese Minister Keiichi Ishii, the Minister of Land, Infrastructure, Transport and the Tourism Minister in charge of the Water Cycle Policy of Japan, an agreement ...

Cambodia’s Statistics and Tourist Information Department, Ministry of Tourism, reported arrivals increased 15.7% in September, the lowest growth rate so far for this year based on 242,747 visits during the month. The percentage increase for the nine-month period was pulled down from 24.5% at ...

More than 5,000 workers went on strike in Kandal province’s Ang Snuol district yesterday after discovering the owners had changed the name of their factory almost two years ago, a union representative said. Concerned that the name change from Tai Yeng to Tai Nan in 2010 ...

Prasac, a leading micro-finance institution in Cambodia, had increased its registered capital from US$3.8 million to $20 million in preparation for its transformation into a commercial bank by 2014, the institution said yesterday. “The registration requirement of $37.5 million is a very small amount to ...

Security guards clashed yesterday with workers from two SL Garment factories that supply Levi’s, Gap and H&M, as the number of employees protesting exceeded 5,500 – or more than 90 per cent of the staff. Protester Kim Voeun, 32, said security guards, in the presence of ...

Sugar factories from Tay Ninh Province have spent over VND110 billion (US$5 million) to plant sugar cane in Cambodia’s Svay Rieng Province for the 2012-2013 crop, said the Tay Ninh People’s Committee. Vietnamese sugar producers have planted the crops in Cambodia as sugar cane in ...

Hun Sen asked authorities to maintain the pristine beaches along coastal provinces by not allowing any industrial factories to be constructed on or near them. The comment was aimed towards an agreement signed by Cambodian and Chinese companies late last month to build a $2.3 ...

Cambodia is considering the development of an expressway network to meet the need for the country’s growing economy, Minister of Public Works and Transport Tram Iv Tek said here Wednesday. The minister said many Asian countries, including neighboring Vietnam and Thailand, have formulated their national ...

A meeting between factory management and representatives of more than 5,000 striking workers at one of Asia’s largest garment-processing factories yielded no progress. Ken Loo, secretary-general of the Garment Manufacturers Association in Cambodia, has called the strike illegal because workers failed to notify the company ...

The International Monetary Fund is projecting further modest acceleration in Cambodia’s rate of economic  expansion over the next five years. In the latest World Economic Outlook released Tuesday, the IMF projects that Cambodia’s gross domestic product will grow from an estimated 7.0 percent last year to ...

The opposition leader said that the Cambodia National Rescue Party (CNRP) still maintains its stance to demand a probe into election irregularities, and reelection. Sam Rainsy made such comments in a video clip posted Wednesday in his Facebook page. The 5-minute clip said that the CNRP respects ...

Thousands of workers at the Wing Star Shoes Co. Ltd. on Wednesday blocked the road to the factory in Kompong Speu province for two hours. They demanded the company raise their bonuses by $5 and properly enforce labor laws after arbitration talks failed Tuesday. It was ...

Fifty-two students in Kampong Thom are blaming teacher favouritism and an inherently unequal system for preventing them from sitting the national exam and graduating this year. The students, from Hun Sen Taing Kork High School in Baray district, filed a petition to the provincial department of ...

The Phnom Penh Water Supply Authority (PPWSA) saw a dramatic increase in profits during the third quarter of this year, according to the state-run firm’s latest filing to the Cambodian Stock Exchange (CSX). PPWSA profits after tax topped $4.5 million during the three-month period ending September ...

The Phnom Penh Municipal Court on Thursday heard the case of a couple charged with defrauding the daughter of a high-ranking military official out of $2.5 million in a property deal. The plaintiff, Meas Sopheary, 35, the daughter of Royal Cambodian Armed Forces Deputy Commander-in-Chief Meas ...

Both deposits and loans in Cambodia’s banking sector increased about 30 per cent last year, a rise that industry insiders say is a productivity boost for the Kingdom’s economy. By the end of December, deposits at all Cambodian banks reached $10 billion, a 32 per cent ...

Iron deficiency affects nearly 3.5 billion people worldwide. It is the most common nutritional deficiency in the world. In Cambodia, after 9 months of using the Lucky Iron Fish every day, researchers saw a 50 percent decrease in the incidence of clinical iron deficiency anemia, ...

CBRE Cambodia’s latest MarketView report sees strong growth in tourist arrivals resulting in growth in hotel occupancy rates and durations of stay. Quoting Ministry of Tourism statistics, CBRE said Cambodian tourism sector continued to enjoy steady growth over the course of 2013, with the number of ...

The sluice gate at Chamkar Te Dam in Kampong Speu province’s Kirirom mountains, which holds 5 million cubic metres of water, has collapsed due to heavy rains.   ...