Cambodian Prime Minister Hun Sen said Wednesday that the country’s development in all fields could not be detached from China’s aid and vowed to further deepen ties between the two countries. According to the figures recorded by the Cambodian Finance Ministry, to date, China has ...

Cambodia spent more than $414 million on imported construction materials to meet increasing demand in the local construction and property sectors last year – a rise of 7 per cent compared to 2012. According to officials and industry insiders, the increased value of imports reflected steady ...

Tax revenue increased 9.5 percent to $353.46 million in the first quarter of the year, compared to the same period last year, according to a statement released Friday by the Ministry of Finance’s general department of taxation. Kong Vibol, general director of the taxation department, said ...

To ensure public health and safety, Prime Minister Hun Sen on Thursday signed a directive calling on relevant ministries, institutions and sub-national administrations to lead the charge on reducing air pollution in the Kingdom. The directive said that measures carried out by the authorities to ...

The controversial Xayaburi hydro-electric dam project in northern Laos may have already begun, despite countries, including Cambodia, requesting further studies to assess possible negative effects on Lower Mekong communities.Thai development firm Ch.Karnchang said it was due to begin building the dam on March 15 after finalising a ...

Cambodia’s total foreign reserves jumped to US$3 billion in the first half of 2011, up from $2.7 billion at the end of last year, according to the National Bank of Cambodia. The reserves help to bolster the Kingdom’s financial standing, which in turn draws investor interest ...

Cambodia is concerned that US debt could lead to rising import costs. US lawmakers are currently trying to pass a deficit-cut deal before Aug. 2 when the US reaches its own debt ceiling of $14.3 trillion. Without a deal the US would default on its ...

Nonperforming loans have increased in some banks though the number for the banking system over all has decreased 3 percent according to the National Bank of Cambodia. ANZ Royal Bank has seen a rise to 5.7 percent while Canadia Bank rose to 6.5 percent. Other ...

Nearly 10 million Cambodians and 2.6 billion people worldwide do not have access to a toilet on a daily basis, a World Toilet Organisation official said on Saturday. Sum Sokun, program manager for the WTO, gathered to celebrate World Toilet Day with villagers in the Ponhea ...

Hun Manith, the son of Prime Minister Hun Sen, has been “promoted” as a board member and adviser of the Cambodian Mine Action Centre (CMAC) – a position equal to a cabinet minister. A royal decree, signed by the King on November 2 and obtained ...

The Council for the Development of Cambodia (CDC) last week approved two Chinese-invested hotel projects in Sihanoukville worth $379 million, it said in a Facebook post. The two five-star hotels by Xigang V-Continent International Investment Co Ltd and Hai Gang Grand Hotel Co Ltd have ...

The outlook of local farmer’s remained dismal even as the price of pigs doubled during the second quarter, with many of them pointing to a lack of government regulation as a factor that is sowing market unreliability. Rising to $2.20 per kilogram from just over ...

The Ministry of Labour has promised to pay Ghim Li factory workers in Por Senchey district after they again protested yesterday and blocked National Road 4 over missing wages. More than 500 of 2,500 garment workers at the factory protested along the road yesterday to ...

While Cambodian households saw their debt increase just 2 per cent last year, rural household borrowings to service existing loans nearly doubled, new government research shows.Both total and disposable incomes across the 3.3 million Cambodian households rose 16 per cent year-on-year in 2014, with total ...

Authorities in Oddar Meanchey province’s Anlong Veng district reopened the Ta Mok bridge for traffic yesterday after water levels subsided, but some officials were still stationed at the bridge. The Ministry of Water Resources and Meteorology released a statement yesterday, saying the water in Ta Mok ...

Cambodia’s gross domestic product (GDP) is predicted to grow around 7.2 percent this year, buoyed up by clothing and apparel exports to the European Union (EU), according to estimates by the ANZ Group. The banking group also advised the Kingdom to diversify its economy and ...

In its latest audit of domestic appliance sales for seven countries in Southeast Asia, German-based market research firm GfK found that consumer spending on refrigerators, air conditioning units and washing machines grew by 2 percent during the year ending June 2016, while washing machine sales ...

Bangladesh ranked 125th out of 132 countries on the Global Entrepreneurship Index (GEI) for 2016, five places up from last year. However, there is a great internal variance within the region: Australia’s Attitude score stands at 75.2, whereas Cambodia’s 10.6, which is the lowest in ...

Nougy Mom bounces her 2-year-old son in her arms as she waits at the gates of Phnom Penh’s notorious centre for “undesirables”, Prey Speu. The 34-year-old mother was there to visit her husband, a rubbish collector like herself, who was rounded up by authorities as he ...

Voter registration has fallen far behind schedule over the past two weeks, with enrolment dropping to just 30,000 a day from a target of 100,000, according to official figures, leaving more than 2 million Cambodians at risk of not registering to vote in time. ...