Cambodians tend to rely too heavily on self-funding or loans when starting businesses, experts say. In a bid to change that, an essay competition about business plans has been launched to give a platform for the winner to form business partnerships with those with capital. The ...

The Ministry of Post and Telecommunications implemented a law preventing mobile phone service providers from selling at less than cost over a year and a half ago, though the companies are still lowering their tariffs in an effort to remain competitive in the highly saturated ...

The Kingdom’s total insurance premiums rose sharply in the first quarter of the year, compared with the same period the previous year, thanks largely to the growth of the economy and an influx of foreign direct investment, industry insiders said. Official data from the General Insurance ...

A national policy on science, technology and innovation is being drafted to boost Cambodia’s development in the competitive field, as the Kingdom endeavours to catch up with its regional neighbours and internationally. Officials met for the first-ever consultation workshop yesterday to draft a national policy document ...

The government should abandon its current management of Prey Long forest and shift to a plan that conserves the forst while also optimizing its economic uses, such as agriculture, carbon credits and controlled timber exploitation, according to a recent report by the US Agency for ...

The energy exploration and production company said in a statement on Tuesday that its associate company CPHL (Cambodia) has signed a drilling environmental impact assessment (EIA) contract with two environmental consulting firms The firms, the International Environmental Management Company Limited and SAWAC Consultants For Development Company ...

A monitoring group backed by the United Nations said it would begin to publicize garment factories’ compliance with worker rights and safety standards in Cambodia, a controversial program that its organizers say will be the world’s most extensive initiative to improve working conditions at plants. The ...

While the European Union Trade Commissioner Karel De Gucht never told the Ministry of Commerce that Cambodian rice was “30 per cent” mixed with the same product from Vietnam, he did say Cambodia had to better ensure that its harvest was homegrown and not from ...

Germany has pledged $64 million in aid donations to Cambodia for this year and next, amounting to a “substantial increase” over the past two years of official German assistance to the country, the German Embassy announced on Wednesday. Germany’s new aid package, the majority of which—$54 ...

Canadian insurance and financial services company Manulife Financial officially launched its Cambodian country office on June 28, one of several new players seeking to enter one of Southeast Asia’s still-untapped markets. Britain’s No.1 insurer Prudential said last week it had approval from the Cambodian government to open a wholly foreign-owned life insurance operation. Manulife, the world’s ...

Immigration Minister Scott Morrison has confirmed Australia is working on an agreement with Cambodia that would see refugees currently on Nauru resettled there. But Human rights lawyer David Manne, who launched a successful High Court challenge to the former government’s proposal to resettle refugees in ...

As the creation of Cambodia’s first law on trade unions enters a final phase this week, labor activists and unions said the draft law as it stands is in urgent need of revision, as it would cripple unions and severely undermine collective bargaining rights. They ...

The consultation process for the controversial proposed Pak Beng dam in Laos concluded on Monday, allowing construction to begin even as local and international civil society groups continued to urge a delay until a forthcoming Mekong River Commission (MRC) environmental assessment is released later this ...

Cambodia and Mongolia on Friday signed a Memorandum of Understanding (MoU) on the establishment of bilateral consultations, aimed at bolstering bilateral ties and cooperation, a Cambodian official said. The deal was inked between Long Visalo, Secretary of State of the Cambodian Ministry of Foreign Affairs, and ...

A company with ties to one of China’s top state-owned firms will look to push Toll Royal Railways and its local partner Royal Group of Companies out of a 30-year railroad concession with pledge to invest nearly US$850 million to revamp existing lines and build an additional ...

Cambodian Prime Minister Hun Sen will visit Macau in September to participate in the Second Global Tourism Economy Forum. Prime Minister Hun Sen called for more investment in the country by Chinese and Macau entrepreneurs, and direct flights between Cambodia and Macau. According to Xinhua, the ...

Flouting a government order, representatives of SL Garment Processing (Cambodia) Ltd yesterday refused to rehire 19 union representatives and activists during a meeting with the Ministry of Labour. Rehiring the 19 has been the key sticking point in ending the three-month-old strike, which erupted into violence ...

Despite starting with a bang just a week ago, the Land Traffic Law has already been subject to two amendments from Prime Minister Hun Sen in direct response to a public outcry on Facebook, a stark contrast to the premier’s usual attitude toward online criticism. ...

Cambodia and Morocco have signed a Memorandum of Understanding (MoU) for the establishment of a political consultation mechanism in order to strengthen bilateral relations and cooperation, officials said. ...

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