Investment

Anti-corruption advocates say they want the US government to help them push for transparency in the extractive industries, as ongoing mining continues to disrupt the lives of many Cambodians. At least 120 companies, most of them Chinese, have obtained mining licenses in the last decade, as ...

Prime Minister Hun Sen’s 2012 ban on the allocation of economic land concessions was supposed to halt the unpopular practice of turning over large swaths of property to developers. And going by the numbers last year, it worked. But in the vacuum, according to local rights ...

Cambodia lacks the skilled labor force necessary to advance the economy and the government must find ways to create more valuable work as it faces fierce regional and international competition, according to a new report released Thursday by the World Bank. The report, “East Asia Pacific ...

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 authorities have charged nearly half as many villagers in land dispute cases in the first three months of this year as they did in all of 2013, a local rights group said Thursday, adding that most of the rows stemmed from government-granted land concessions. Following ...

Local and foreign firms have a high level of confidence in the current economic climate in Cambodia despite the political deadlock in the country since last year’s disputed election, and are optimistic about business over the next year, according to a study to be released ...

The latest CBRE Cambodia Market View on the industrial market is upbeat about investment in the Kingdom, despite frequently touted political risks. “Cambodia remains an attractive destination for industrial work and operations, with low inflation rates of 2.9 per cent and comparatively low minimum wages,” says ...

Parkson Holdings Bhd will start building malls and leasing out space to get better margins to deal with pressure on its turnover. The departmental store company will build malls in Malacca and Cambodia, both scheduled to open in 2017. The company is also building a mall ...

A World Bank-supported rubber company accused of land grabs has suspended some of its projects, as an investigation by the bank continues. The Hoang Anh Gia Lai company, which received support from the bank’s International Finance Corporation, said in a decision following an April 2 ...

Representatives of a community locked in a land dispute with a Vietnamese company in Kratie province returned home from Phnom Penh late Tuesday after failing to garner support from Prime Minister Hun Sen, while an official at the company said it had begun destroying villagers’ ...

At least three workers were arrested Tuesday morning outside the Wing Star Shoes factory in Kompong Speu province, where the Free Trade Union (FTU) has been leading a strike calling for benefits and back pay, according to police and a union representative. An FTU representative said ...

The next stage of Grand Twins International’s (GTI) listing on the Cambodia Stock Exchange – public subscriptions – has had a positive response, according to the head of one of the country’s brokerage firms. Svay Hay, CEO of Acleda Securities, a registered broker for GTI, said ...

Despite Vietnamese state-owned companies withdrawing funding from projects outside of their core business, the $20 million expansion of the Vietnamese-backed Cho Ray Phnom Penh Hospital remains on track, the hospital’s head said yesterday. In July 2012 the Vietnamese government requested that state-owned enterprises withdraw investment in ...

After grappling with weeks of on-again, off-again strikes, the Phnom Penh Sorya Transportation bus firm has filed complaints against 20 former employees for incitement, making threats and using the company uniform without permission. General manager Chan Sophanna said yesterday that the company filed the complaints to ...

Defendants in a mass trial of 25 men and teenagers accused of joining a string of violent garment worker protests continued to profess their innocence during the second day of hearings at the Phnom Penh Municipal Court on Tuesday. Twenty-three of the men were arrested in ...

More than 170 families in Phnom Penh’s Meanchey district submitted a petition to City Hall on Monday complaining about wealthy businessman Khun Sear’s decision to build a wall in the middle of a road in their neighborhood. The road in Chak Angre Leu commune is under ...

There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...

There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...

Some 500 supporters of union leader Vorn Pao and 24 others arrested during a string of garment worker protests since November will rally in front of the Phnom Penh Municipal Court on Tuesday on the second day of their trials, a union official said. All 25 ...

The Phnong ethnic minority in Mondulkiri province have heard the promises of development before. With increasing investment and the selling off of the region’s forests will come new roads and schools, they are told. But people in this ancient community, tired of seeing their sacred forests handed ...

Dozens of representatives from at least 100 recently evicted families accused of illegally occupying state land in Kratie province traveled to Phnom Penh on Monday morning to petition Prime Minister Hun Sen for his help getting their land back. The families say local authorities have been ...

When Sor Songheng, a manager for an accountancy firm, wanted to replace his cheap Nokia phone a few months ago, he set his heart on a top-of-the-line iPhone 5S worth $780—nearly his entire monthly salary of $800. But instead of scrimping and saving for months to ...

Russia invites some Ministers of Cambodia to visit Russia to sign Memorandum of Understanding on bilateral consultation between the two countries, a government official said. The invitation was made during a meeting Monday between Cambodia’s Foreign Minister Hor Namhong and Dmitry Tsvetkov, new Russian Ambassador to ...

A meeting at the Ministry of Mines and Energy on Friday about plans for a controversial hydropower dam in Koh Kong province failed to assuage fears among those trying to stop the project that construction had already been approved. During Friday’s meeting, officials from the ministry ...