Cambodia’s insurance industry recorded a total premium of 31 million U.S. dollars in the first nine months of the year, up 20 percent compared with the same period last year, figures showed Tuesday. It said during January-September period this year, the total amount of claims paid ...

Cambodia’s per capita income increased four times in two decades since the Kingdom held its first United Nations supported democratic election in 1993, according to a report from Cambodia’s Development and Research Institute. In 1993, the country’s per capita income was only $240 USD per year, ...

Cambodia’s first Vietnamese wholesale market is being constructed in Phnom Penh, a Vietnamese trade officer told the Post yesterday. Tran Tu, trade attaché of the Vietnam Trade Office in Cambodia, said the new wholesale market seeks to enhance Vietnamese produce in Cambodia. The wholesale market, will be located ...

PM Hun Sen made the statement at a meeting with Vietnamese investors in Ha Noi yesterday, which also included Viet Nam’s Deputy PM Nguyen Xuan Phuc and Cambodian Deputy PM cum Minister of Foreign Affairs and International Cooperation Hor Nam Hong. Hun Sen praised Vietnamese businesses, ...

Set to open next year, Cambodia’s first cable-stayed bridge is now more than 70 per cent complete, according the government. Chhim Phalla, director of the Ministry of Public Work’s Department of International Cooperation, which is overseeing the Neak Loeung Bridge and improvements to National Road 1, ...

The UN’s Food and Agriculture Organization (FAO) has estimated Cambodia’s 2014 rice exports to increase slightly to 1.2 million tons over that in 2013 due to increased production. The FAO reports that its exports estimate includes unofficial exports of milled as well as paddy rice ...

More than 200 Cambodian garment workers have been hospitalized after episodes of mass fainting at three factories this week, highlighting problems within an industry that is critical to the kingdom’s fledgling economy. The plants all make clothes for brands such as sportswear giants Puma SE and Adidas. Both ...

It was difficult enough for Savoeurn Dimang when, until a month ago, he was one of just three teachers running the local primary school in Kors Kralor district’s Samrong Leu village. But now, with one teacher having left for South Korea and the other bowing out ...

The Japanese embassy is reporting a $280 million drop in Japanese investment last year, but officials were quick to say that the numbers don’t necessarily reflect slumping investor confidence in Cambodia. Japanese investment in the Kingdom reached about $47.5 million in 2013, compared to $328 million ...

Wing, a growing Cambodian mobile payment and money transfer company, had a better-than-expected 2013. In May, Wing’s CEO Anthony Perkins estimated that the company would reach transaction volumes totaling $1 billion by the end of the year, including domestic remittances, mobile phone top ups, bills and ...

Opposition leaders yesterday announced plans to hold a thousands-strong “people’s congress” in the capital’s Freedom Park on Sunday, despite a ban on gatherings at the site. Cambodia National Rescue Party president Sam Rainsy and vice-president Kem Sokha, following their return from overseas trips to Australia, New ...

The China Railway Group’s planned $7.5 billion Cambodian north-south railway line has been delayed due to funding shortages, according to the company’s top official. Originally slated to begin construction last year, China Railway’s chairman, Li Changjin, told the South China Morning Post that work on the 400-kilometre railway ...

The retail marketing business in Cambodia has been growing at approximately 8% a year for the last 10 years and is expected to increase by 7.5% a year from 2014-2018. This economic expansion and greater purchasing power of Cambodians, is seen as presenting great opportunities ...

Cambodian cashew nut exports are on the rise, yet export figures are still well below production numbers, with thousands of tonnes unaccounted for. Unshelled cashew nut exports totalled close to $2.5 million in the first six months of the year, with 2,800 tonnes exported, a rise ...

An illicit cross-border rubber trade is thriving in Cambodia amid plummeting global prices and is threatening legitimate processing operations in the country, according to business owners and industry experts. And while Cambodia’s natural rubber export tariffs are set at between 2 and 10 percent, Vietnam ...

The Ministry of Commerce has defended its solicitation of donations from private organisations as voluntary, legal and a form of corporate social responsibility. The ministry’s response comes after Post Weekend revealed on Saturday, through leaked documents, that the Garment Manufacturers Association in Cambodia (GMAC) made a ...

Fifty families claiming ownership of 5ha in Koki village, Bit Traing commune, in Prey Nop district, Preah Sihanouk province, on Monday protested on the site over claims that Ouk Sineth and his associates illegally encroached on their land, bulldozing their homes and crops during the ...

ABA has launched a dedicated COVID-19 fund for people to donate easily using their ABA Mobile application aiming to raise $5,000 after which ABA will double the funds to $10,000 and transfer the raised sum to the Ministry of Health for medical supplies to mitigate ...

The hotel industry in Cambodia is growing but still sees room for improvements, industry experts said at the Cambodia Hotel General Managers Summit in Phnom Penh yesterday. In terms of revenue and the number of players, the hotel and restaurant industry has an overall growth rate ...

Asian Development Bank (ADB) has adjusted its medium-term outlook for Cambodia’s economy, projecting that it will contract by 4 percent by the end of the year.  ADB’s previous outlook had projected that the national economy would decline by 5.4 percent compared with last year, as ...