Cambodia’s highly dollarized economy could benefit from a rush of foreign capital into Asia unleashed by the U.S. Federal Reserve’s latest economic stimulus, unlike some of its Asian neighbors, as it lifts demand for real estate and garment exports in the developing country, a senior ...

An ambitions new agricultural development project backed by a former US diplomat is aiming to dramatically revamp the sector and bring profits back into the hands of farmers. Sichan Siv, a Cambodian with dual citizenship who spent five years serving as US ambassador to the UN, ...

F1soft Company, a software service provider that makes banking transactions available via phone, had commenced operations in Cambodia, company officials said yesterday during a workshop. Sean Thorninn, a lecturer in economics at the Limkokwing University and expert in Cambodia’s landscape of microfinance institutions (MFI), told ...

In the wake of last month’s election, production levels at Cambodian garment factories are still below the norm as lingering fears of political unrest keep workers at home and away from the capital. Shrugged off at the outset as a natural byproduct of the election that ...

As mass demonstrations by garment factory workers continued Monday, the government laid out plans to bring an end to the labor unrest within the next three days, including suing union leaders in the courts and mobilizing security forces to take unspecified action. Signed by Council ...

The building that housed USA Fully Field Garment factory in Phnom Penh’s Meanchey district stands empty now. The grounds are littered with garbage and boxes full of dusty brand labels that were stitched onto clothes by almost 400 workers before the factory owner fled in ...

The owners of 170 factories have handed power of attorney to the nation’s factories association ahead of a potential lawsuit directed at the leaders of six union groups. Garment Manufacturers Association in Cambodia (GMAC) secretary-general Ken Loo said yesterday that the factories would seek damages related ...

Four days of high-level policy meetings between the European Union and Cambodia wrapped up in Brussels yesterday, after seeing “frank and in-depth exchanges” on a number of issues, including human rights, according to an EU press statement released last night. Ahead of the meeting of ...

Angkor Beer promoters involved in last August’s strike over unpaid overtime have been banished to less popular restaurants and beer gardens in the past year, a report on the profession says. According to Promoting Decency? Report on the Situation of Beer Promotion Workers in Cambodia, released this ...

With growing uncertainty in the US economy and an unfolding fiscal and debt crisis in the Eurozone after the global recession in 2008, Asia is expected to continue leading the global recovery. Under such circumstances, the 21st Century is emerging as the “New Asian Century”, ...

The biggest names in the apparel industry, including Nike, Puma and Gap, would meet today with officials from the Ministry of Labour to discuss issues plaguing the Cambodian garment manufacturing industry, such as mass fainting and contractual disputes, labour activists said yesterday.  Dave Welsh, country ...

Phnom Penh — Cambodia’s Minister of Foreign Affairs Hor Namhong and his Singapore’s counterpart K Shanmugam agreed on Wednesday that the territorial dispute in the South China Sea between China and some ASEAN countries should be solved peacefully. “We have exchanged ideas on the issue of ...

Cambodia spent about $200 million on food and beverage imports to supply the domestic market last year – an increase of more than 10 per cent from the previous year, official data from the Ministry of Commerce show. Government officials and representatives of the private sector ...

Cambodians for Resource Revenue Transparency (CRRT) will host a one-day National Conference Nov. 2 on the Best Practice of Governance in Extractive Industries and Revenue Management. The conference, to be attended by representatives from the Association of South East Asia Nations (ASEAN), will also include representatives ...

As air-conditioning units slow to a halt, computers die and the lights go out, the frustration of local business owners and organizations in Phnom Penh is boiling over once again as the annual hot season blackouts have arrived. The 190-megawatt, Chinese-built Kamchay hydropower dam in ...

Cambodian Prime Minister Hun Sen said Monday that he will pay an official visit to China early next month to meet with new Chinese leaders for talks on further enhancing bilateral relations. “I hope that new Chinese President Xi Jinping and Premier Li Keqiang ...

The French and German chambers of commerce have both merged into the larger European Chamber of Commerce in Cambodia in order to gain combined strength and be more effective as an interface between European business and the Cambodian government. The agreement is set to be formalised ...

The United Nations Special Rapporteur on the situation of human rights in Cambodia, Surya P. Subedi, on Friday reiterated his call for calm and restraint as demonstrations are now taking place daily in Phnom Penh. “Demonstrations such as those of recent days and weeks are a ...

As garment union groups resume their strike today, thousands of workers plan on returning to work, largely citing financial necessity rather than ideological disagreement with the unions. The Ministry of Labour on Monday ordered union leaders to cease a nationwide strike that began nine days ago, ...

Cambodia’s Prime Minister Hun Sen has called on a U.N. special envoy to press the country’s opposition to rejoin parliament and negotiate an end to the country’s political stalemate since disputed July elections, an official said Wednesday. Hun Sen met with U.N. special envoy for human ...