CapitaLand’s wholly owned serviced residence business unit, Ascott Limited, has entered the Cambodian market with a contract to manage Somerset Norodom Phnom Penh, the company announced on Friday.“With our entry into Cambodia, Ascott is now present across nine out of 10 countries in ASEAN,” Ascott ...

Palm sugar producers in Kampong Speu province say they are ready to scale up and meet demand as global consumer goods giant Unilever looks to source palm sugar for its products from the Cambodian market. Prak Sereywath, president of the Cambodia Institute for Research and Rural ...

The Institute of Standards of Cambodia (ISC) and the United Nations Industrial Development Organization (UNIDO) will team up to boost the export of four seafood products that adhere to international standards. Speaking at a workshop at the Ministry of Industry and Handicraft yesterday, ISC director-general Chan ...

Environmental experts concern of a drop in the number of rare species of fish in the river in the northeastern province including of the Upper Mekong Basin, Srepok River and Se San river. The worry after a number of exotic fish caught in the area’s ...

The two Cambodian merchants arrested at Rong Kluea Market during a Thai Department of Special Investigation (DSI) raid that turned violent earlier this month were denied bail on Friday by the Thai Court of Appeals, according to a statement released by the Cambodian Foreign Affairs ...

The first hygienically produced soft drink made from palm juice, produced domestically, has proved popular enough to seek organic certification, and hopefully an export market. While palm juice has been used to make sugar, alcohol and vinegar, it has never been tapped for making soft drinks ...

Experts are pushing for agricultural insurance to be employed in the near future to help strengthen the agriculture sector, particularly the rice sector with its plummeting prices and limited access to foreign markets. Sok Puthyvuth, president of the Cambodia Rice Federation (CRF), said on Friday that ...

The Ministry of Agriculture is working to develop a procedural framework for the trade and use of biological control agents (BCAs) in agriculture in an effort to improve crop yields, protect consumer health and ensure continued access to key export markets. Regulation could also create ...

Cambodia intends to submit a petition to the United States government to extend the duty-free privileges of its Generalised System of Preferences (GSP) scheme to include footwear, giving local manufacturers a competitive advantage in the world’s biggest consumer market. But hopes are dimming as the ...

Phnom Penh City Hall has decided to allocate three places for disabled musicians to play instead of along public streets or at markets. Phnom Penh governor Pa Socheatvong said on his Facebook page on Friday after meeting with a representative of the disabled musicians that City ...

Cambodian crocodile farmers prefer selling young live crocodiles directly rather than raising crocodiles and selling their skins for export as they believe there is no market, despite officials encouraging crocodile farming for skin exports. Heng Chheng, a crocodile farmer from Battambang, has raised crocodiles since 1984. ...

Two years after breaking ground, a sugar refinery situated on a pair of controversial plantation belonging to CPP Senator Ly Yong Phat and his wife will have its first test run on Monday, Prime Minister Hun Sen said yesterday. He said the refinery would be ...

A U.S.-listed gaming company is set to open its second casino in Cambodia next month, the company said as it announced its revenues had grown to more than $20 million in 2012. Entertainment Gaming Asia Inc. (EGA), which is backed by Macau-based Melco International Development Limited ...

United Arab Emirates-telecoms group Vimpelcom has hired Standard Chartered to advice it on the sale of its business in Cambodia, Laos, Burundi, Zimbabwe and the Central African Republic, two people familiar with the matter said. New York-listed Vimpelcom wants to focus on its largest markets of ...

The growing market for timber in China is leading to widespread logging around the world, including in Cambodia, according to a report released yesterday. The report from London-based NGO the Environmental Investigation Agency (EIA) – entitled Appetite for Destruction: China’s trade in illegal timber – outlines ...

Following the recent wave of luxury car brands entering the Cambodian market, RMA Cambodia’s CEO said yesterday that the firm will bring in UK brands Land Rover and Jaguar by opening a showroom before the end of the year. The newly appointed official authorised dealer will ...

Cambodia’s exports to the United States, the country’s biggest market, were valued at about $2.8 billion last year, a three per cent rise from $2.7 billion in 2012, according to fresh statistics from the US Department of Commerce. Ken Ratha, a spokesman for Cambodia’s Ministry of ...

A fire that ripped through a market in Battambang province’s Phnom Proek district late on Monday night caused somewhere between $1 million and $2 million in damages, according to local officials. The fire, which reportedly started at about 11:30 p.m. and destroyed 244 stalls, was believed to have ...

Marubeni Corp. said Monday that it would acquire a 20 percent stake in a Cambodia-based electricity generation and transmission business owned and operated by Malaysia’s Leader Group, marking Japan’s first foray into Cambodia’s power market. Leader Infrastructure Ltd. operates two 50 megawatt coal-fired power stations in ...

Two of the biggest real estate lenders in Cambodia and Singapore this week reported big movements in housing loans in their respective domestic markets. Cambodia’s Acleda Bank saw housing loans jump by 22 percent in the first quarter, year-on-year, and attributed this handsome growth to better ...