The government has failed to improve transparency of its finances, according to a global report released yesterday, which ranks Cambodia among the worst countries in the world for openness over budgets. The Washington-based International Budget Partnership’s Open Budget survey 2012- conducted in Cambodia by NGO Forum- ss='cambodia-color'>...

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 ss='cambodia-color'>...

Officials of the Garment Manufacturers Association in Cambodia (GMAC) are concerned that recent strikes could delay delivery to customers, and factories are looking for solutions to meet buyers’ demands. About 10,000 workers in seven or eight garment factories have gone on strike recently demanding higher wages ss='cambodia-color'>...

IMPORTS of motor ScooterS reached 264,085 unitS, with a total value of $139 million in the firSt 11 monthS of laSt year &ndaSh; a 55 per cent jump from 170,380 unitS worth $86.5 million in the correSponding period of 2011, according to data from the SS='cambodia-color'>...

The head of the country’s National Authority for Land Dispute Resolution on Wednesday said his authority was unable to resolve land disputes and that the responsibility for settling such disputes rested with the ministries responsible for handing out economic land concessions (ELCs) in the first ss='cambodia-color'>...

CPP Senator and buSineSS tycoon Ly Yong Phat laSt week continued to offer familieS in Koh Kong province caSh compenSation to get them to drop out of a lawSuit againSt two Sugar cane plantationS he once owned, according to villagerS. But villager Phann Khly yeSterday SS='cambodia-color'>...

The Asian Development Bank has refused to release a critical study on the impacts its $141.6 million railway project is having on thousands of Cambodian families because disclosure of the report could hurt its relationship with the government, an ADB spokeswoman said. Raising concerns about the ss='cambodia-color'>...

The Japan International Cooperation Agency (JICA) met with Phnom Penh municipal authorities last month to present the first stage of a “master plan” for the construction of a much-needed public transport system for the capital. Masato Koto, chief of mission for JICA’s transportation planning group in ss='cambodia-color'>...

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 ss='cambodia-color'>...

After years of discussion, the Cambodian and Thai governments on Tuesday agreed at the Ayeyawady-Chao Phraya-Mekong Economic Co-operation strategy (ACMECs) summit in Laos to establish a Cambodian-Thai Business Council in a bid to enhance trade and investment between the AsEAN neighbours after a decline in ss='cambodia-color'>...

France said it plans to boost its exports to Cambodia as French foreign direct investment in the country – worth $3.18 million in 2012 – continues to rise, officials said on Wednesday. Among this year’s investments, concessions and construction company group Vinci, the largest building ss='cambodia-color'>...

The construction of Don sahong Dam, the second of 11 potential and controversial Mekong mainstream dams, is moving ahead without approval from Mekong River Commission members, according to a conservationist group report. Located less than two kilometres from the Cambodian-Lao border, the dam has been slammed ss='cambodia-color'>...

A Northeastern section of the Mekong River that is home to a number of endangered species has been designated a conservation site by the Ministry of Agriculture, Forestry and Fisheries. A prakas issued by Minister Chan sarun on April 23 officially declared a 56-kilometre section of ss='cambodia-color'>...

The administrator dealing with the debts of defunct mobile operator Mfone yesterday established a committee to sell off the company’s remaining assets. since it filed for bankruptcy in January, more than 1,000 creditors, including former staff, have claimed Mfone owes them a combined $160 million. Mfone’s remaining ss='cambodia-color'>...

After reaching agreement late last month, the contract for a $90 million concession loan from Japan to Cambodia was officially signed in Phnom Penh yesterday to improve 83.5 kilometres of National Road 5. The construction is scheduled to start in June 2015 and will be ss='cambodia-color'>...

The Cambodian economy faces major problems for its predominantly rural population in the event of more erratic climate shifts, according to the United Nations Development Programme’s 2011 Cambodian Human Development Report. “This is an agrarian economy that depends very much on weather. And we are among the ss='cambodia-color'>...

A senior official with Cambodia’s ruling party on Wednesday dismissed opposition leader sam Rainsy as insincere after he pledged his Cambodia National Rescue Party (CNRP) would scale back criticism of the government for its handling of a border dispute with neighboring Vietnam. ss='cambodia-color'>...

Cambodia, with a total population of 14,952,665 as of July 2010, is located in southeastern Asia, bordering the Gulf of Thailand, between Thailand, Vietnam, and Laos. The country mostly has a tropical climate and covers a total area of 181,035 km2 Cambodia’s key natural resources include ss='cambodia-color'>...

The opening of the Cambodia SecuritieS Exchange (CSX) waS marked by a Speech from MiniSter of Finance Keat Chhon, who urged three State-owned companieS to Speed up their initial public offeringS. No companieS, State-owned or otherwiSe are currently trading on the new market. Telecom Cambodia, SS='cambodia-color'>...

The launch of Mfone’s new unlimited calling plan has drawn criticism from the Ministry of Post and Telecommunications. It is said that the price scheme contravenes Cambodia’s minimum pricing rules introduce in 2009. Hello, another mobile phone provider, has already introduced an unlimited calling plan ss='cambodia-color'>...