News

Cambodian conglomerate Royal Group will be the first authorized importer and dealer of BMW automobiles in the country, and has begun construction on a showroom and service center in Phnom Penh. Premium Auto Import Co. Ltd., a subsidiary of Royal Group, aims to import roughly 200 ...

An ambitions new agricultural development project backed by a former US diplomat is aiming to dramatically revamp the sector and bring profits back into the hands of farmers. Sichan Siv, a Cambodian with dual citizenship who spent five years serving as US ambassador to the UN, ...

A group of 12 Cambodians has developed a new video game for the iPhone that just two weeks after its release has become Cambodia’s most-downloaded game in Apple Inc.’s online store. Since it was released on November 30, “Asva the Monkey” has had more than 3,000 ...

The Cambodian Center for Human Rights says that a company with a controversial economic land concession in Koh Kong province banned the centre’s officers from photographing the area and ordered police to grab their cameras. Officers from CCHR traveled to Sre Ambel district on December 14 ...

More than 60 union leaders lost their jobs at garment factories in the past nine months for trying to unionise co-workers, their representatives claimed yesterday. Fourteen members of the Cambodian Alliance of Trade Unions endured threats, discrimination and ultimately a message they were no longer welcome ...

The Lucky Supermarket Group opened its seventh outlet in Cambodia on the ground floor of the Rose City building on Norodom Boulevard yesterday, with company representatives saying it believed it would attract more foreign customers. Richard Seah, CEO of DFI Lucky Private Limited, said the new ...

KUALA LUMPUR (Dec 18) : Petronas Chemical Group Bhd (PetChem) said that its top and bottom line growth was going to be in “healthy mode” next year, with prices of its chemical products seen to be firming up. Speaking at a media briefing on Tuesday, its ...

From a devilish-looking bat to a frog that sings like a bird, scientists have identified 126 new species in the Greater Mekong area, the WWF said Tuesday in a new report detailing discoveries in 2011. But from forest loss to the construction of major hydropower projects ...

The Asian Development Bank (ADB) on Tuesday unveiled its new three-year assistance plan of 525 million U.S. dollars to Cambodia in order to help the country reduce poverty, promote growth and mitigate climate change, the bank said. The plan for 2013-2015 marked the bank’s strategic focus ...

Almost $500 million a year was taken out of Cambodia in “illicit financial flows” between 2001 and 2010, a report released yesterday in the U.S. claims. People in the Cambodian finance sector, however, expressed doubts about the accuracy of the figure, which appears in a report ...

Ethnic minority Kreung villagers filed a complaint against commune level authorities on Saturday for allegedly accepting money from a businessman to clear their ancestral land for a new rubber plantation in Ratanakkiri province, local NGOs and villagers said. ...

ACLEDA Bank, Cambodia’ leading commercial bank, held a ground-breaking ceremony yesterday for its new 20-storey headquarters, which will be located directly behind its present building. The new headquarters will cover 43,000 square metres, with parking for 700 cars. Construction is scheduled for completion in two years. ...

Mikasa Corporation, a famous Japanese sports goods manufacturing company, is to invest more than $5 million in building a ball production factory in Cambodia’s Koh Kong Special Economic Zone (KKSEZ) and plans to start construction early next year according to officials. Hiroshi Suzuki, chief executive ...

LAST week marked the arrival and passing of 12/12/12, the Cambodian government’s original date for the commencement of oil extraction from the Block A oilfields in the Gulf of Thailand, with no activity on the site. Chevron currently holds a 30 per cent interest in the ...

Cambodia is facing a grave labor shortage due to the large number of workers seeking jobs in Thailand, Prime Minister Hun Sen said yesterday, urging employers to help reduce illegal migration by improving working conditions at home. Mr. Hun Sen also applauded growing Japanese investment in ...

Trade between Cambodia and South Korea has risen by almost 40 percent in 2012, a South Korean trade official said. Ki Bong-moon manager of the trade and investment unit at the intergovernmental body the Asean-Korea Centre, said in an email on Sunday that trade between ...

The Czech Republic is going to set up its embassy residence here next year in order to strengthen and expand bilateral relations and cooperation between the two nations, the newly-designated ambassador of the Czech Republic to Cambodia Vitezslav Grepl said Tuesday. He said the permanent ...

Commune and city officials met yesterday with the developer of the Chroy Changvar satellite city and residents of the area affected by construct-ion [sic] to discuss compensation for the displaced. The development, under construction by the Overseas Cambodian Investment Corporation, will affect more than 31 hectares ...

A sacked union official at the Tropicana Casino and Resort in Beanteay Meanchey province’s Poipet town said yesterday hundreds of workers would strike again if he and a colleague were not reinstated after negotiations on Sunday. ...

A government official has harshly criticised a prominent silk promotion project, implemented last year by the International Trade Center (ITC), saying it has not been fruitful. Mao Thora, secretary of state for the Ministry of Commerce, made his comments during a seminar on export diversification at ...

Representatives from over 100 Cambodian and Vietnamese companies gathered in Phnom Penh to seek agricultural investment opportunities between the two countries. Participants listened to reports on trade and co-operation opportunities in agriculture, forestry, aquaculture and seafood, delivered by representatives from both governments. They discussed Viet Nam’s ...

Cambodian Prime Minister Hun Sen said Monday he decided to choose environment protection, not to choose 30 billion U.S. dollar expected revenues from the exploitation of titanium ore in Southwestern Cambodia. “According to a feasibility study, titanium ore deposit in Chhiphat district in Koh Kong province ...

With demand for shopping space in Cambodia on the rise and investor interest growing, the Japanese developer Aeon Mall (Cambodia) Co Ltd last week broke ground on the construction of a US$205-million mall in Phnom Penh. “We are happy to contribute to the development of ...

National carrier Cambodia Angkor Air (CAA) recently bought a new Airbus 321 from Europe as part of its expansion into international routes to meet a rise in market demand. The CAA also plans to import one more plane early next year. CAA is a joint venture ...