While tourism numbers in Cambodia are growing rapidly, visitors might increasingly have a hard time finding a restaurant to their liking since the country is experiencing a shortage of qualified personnel, especially waiters and chefs, accordingly to the Cambodia Restaurant Association. “The tourism industry needs at ...

The number of licensed pawnshops in the country has surged since the government began registering them in 2010, leaving some pawnbrokers claiming revenue losses of 30 to 50 percent due to oversaturation in the market. Ly Seng Cheng, a pawnbroker at the Khlaing Rum Sev pawnshop ...

The government of Japan on Wednesday signed to provide a grant aid of 36 million U.S. dollars to Cambodia for a clean water project and a human resource development project. According to a press statement, the amount of 33.4 million U.S. dollars goes for the ...

Two dozens of Chinese entrepreneurs in the World Eminence Chinese Business Association have been visiting Cambodia to seek possibilities to broaden trade and investment ties between China and Cambodia. The group, led by Xia Lingsheng, the Association’s executive vice president, met with Tep Ngorn, the 2nd ...

The Cambodian government on Sunday warned foreigners to stay away from opposition protests against a hotly disputed election as thousands of riot police practised crowd control in the capital. Authorities and security forces would “avoid potential clashes at all costs” said the government in a statement ...

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Strong economic growth and an increase in tourism had driven Siem Reap land prices, according to an industry expert. Sorn Seap, general manager of Key Real Estate who had studied land prices in Siem Reap town, said land prices in Siem Reap town increased about 15 ...

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Second-quarter net profit for the exchange-listed Phnom Penh Water Supply Authority dropped nearly 26 per cent to $2 million from the same quarter a year ago, according to the most recent financial report released on October 11. Sim Sitha, the director-general of PPWSA, said the decrease ...

Garment industry, Cambodia’s largest foreign currency earner, reported a 20 percent rise in exports last year, according to the figures of the Ministry of Commerce on Monday. The Southeast Asian nation exported apparel products in equivalent to 5.53 billion U.S. dollars last year, up 20 percent ...

Cambodia needs increased investments, and for that, deeper regional as well as global integration is crucial, Moody’s Investors Service has said. The B2 sovereign bond rating is constrained by the small size of the economy, low per capita income and high level of dollarization while robust ...

A parliamentary commission leader wants Cambodia’s tourism ministry to manage revenue generated by the country’s iconic Angkor Wat temple complex, amid concerns that the government is losing money by retaining a private company to oversee ticket sales. A quasi-government group, Apsara Authority, which is responsible ...

Cambodia’s Prime Minister is calling for more investments on agriculture processing and technology industry in the Kingdom. Speaking at a graduation ceremony yesterday, Mr Hun Sen said that more than 2 million hectares of paddy were harvested among the 2.7 million hectares of cultivated land ...

Phnom Penh Water Supply Authority saw 8.2 per cent revenue growth during the first quarter of the year, a welcomed disclosure after the retirement of the state-owned firm’s general director was announced last week. The firm took in US$7,725,500 between January and March, up from $7,140,473 ...

On 25 August 2021, the Ministry of Economy and Finance issued a press release on the official launch ceremony of the Business Registration System on Information Technology Platform (OBR) Phase 2. The OBR Phase 2 is a sharp reform package of Samdech Akka Moha Sena ...

Although Cambodia is believed to have iron ore resources and a number of exploration licenses have been granted, no significant finds have been reported. There is no commercial mining of iron ore in the country. While ambitious plans for mining and steel plants have been ...

Prime Minister Hun Sen has officially allowed the privatization of 2,580 square meters of state owned land. 646 square meters of the land are in Phnom Penh. The sub-decree means that the land is closer to being eligible for development and sale. ...

A nongovernmental organization in Cambodia called on the country’s Interior Ministry to intervene in the eviction of more than 2,000 ethnic Vietnamese living on the Tonle Sap Lake, saying land demarcated for their relocation lacks the infrastructure necessary to support them. ...

Cambodia’s Phnom Penh Municipal Court has indefinitely postponed the trial on charges of “forgery and incitement” of jailed opposition senator Hong Sok Hour, adjourning again on Wednesday after proceedings resumed following an earlier postponement on Oct. 2. ...

Thailand-based JWD Infologistics Plc’s recent purchase of a 5.2 percent stake in the Phnom Penh Special Economic Zone Plc (PPSEZ), is expected to give a boost to the local company’s traded share value on the Cambodia Securities Exchange (CSX). ...