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. ...

More than 500 dead Cambodians were repatriated from Thailand in the first six months of 2017, according to an Interior Ministry official. Chou Bun Eng, secretary of state at the ministry, said yesterday the 500 bodies were repatriated through three checkpoints in Banteay Meanchey province. ...

The first readings of the capital’s PM2.5 concentration, a major indicator of air quality, show that levels of the harmful particulates are “still low”, said Thiv Sophearith, chief of the Ministry of Environment’s Air Quality, Noise and Vibration Office, though an environmental specialist yesterday challenged ...

A representative of the company behind a massive $23.2 billion development in Kampot province – which envisions creating two islands off the coast – insisted yesterday that the company was not engaged in any activities that would raise a conflict of interest and that it ...

Nagacorp Ltd, the operator of Phnom Penh’s NagaWorld hotel and casino complex, announced that the company’s chief executive, Chen Lip Keong, has submitted a proposal to shareholders and the Hong Kong Stock Exchange that would allow him to divest his personal investment of $369 million ...

The secretary-general of the Council for the Development of Cambodia (CDC) called on Asean member states to work collectively towards achieving the Asean Economic Community by 2015. Sok Chenda Sophea, who chaired the 2nd Asean Investment Forum (AIF) held in Phnom Penh, said Asean members must ...

The Cambodian coffee industry has seen a rapid increase in market value over the last few years, rising from production of about 18 tonnes per year in 2009, to more than 2,370 tonnes last year, market insiders said. Local coffee sales increased to 30 tonnes in ...

Income from post office activity increased to 3.77 million US dollars in 2011 from 2.164 million in 2010 and that money is small in size but it showed that Cambodian people still need the post ways for sending their goods and other materials. At the same time, revenue from mobile phone companies and desk ...

Vietnam organized the largest- ever trade fair on Thursday, vowing to boost the bilateral trade to $3 billion this year. Speaking at the opening of the 5-day event at Mondial Center, Vu Kim Hanh, chairwoman of the Business Association of High Quality Vietnam Goods, said the ...

Work will start this year on a 400km railway line and a new seaport in Cambodia, with most of the funding coming from Chinese sources. Cambodia Iron and Steel Mining Industry Group (CISMIG) and China Railway Major Bridge Engineering have signed an agreement to jointly invest ...

A Phnom Penh municipal government plan to build a 2.5 kilometre public space that would displace hundreds of villagers was greeted with requests for compensation by residents yesterday, while city officials refused to comment. Kiet Chhe, deputy chief of city administration, confirmed that a committee ...

Phnom Penh Water Supply Authority (PPWSA) will allocate its first dividend to shareholders since listing on the bourse, on April 10. According to an announcement by PPWSA, the annual dividend will be distributed in cash. The dividend payout ratio is seven per cent, with a total dividend ...

The price of meat will be higher during Khmer New Year, with prices rising between 2,000 riel and 3,000 riel ($0.50 and $0.75) per kilogram, according to vendors. Som Sreymom, a pork vendor at Kandal market, said the price of pork would hit as much as ...

Prime Minister Hun Sen on Monday said that the flow of investment in Cambodia increased sharply from USD2.9 billion in 2012 to USD4.9 billion in 2013. During the 4th Cambodia-Vietnam Conference on Investment Cooperation at Peace Palace, he said the Vietnamese investments also increased, from ...

Cambodia’s two world heritage sites, the Angkor Wat temple and Preah Vihear temple, continued to see growth in the number of foreign tourists in 2013, tourism officials said on Sunday. The Angkor Wat temple welcomed about 2.23 million international visitors in the year, up 8 percent ...

The Asian Development Bank on Tuesday said it expects Cambodia’s economic growth to slow slightly in 2014. In its annual “Asian Development Outlook,” the bank said it expects to see a drop in the rate from about 7.2 percent last year to 7 percent this year ...