Industries

More Cambodians took out home loans last year than the year before, prompting banks like ANZ Royal to provide specialized services for the growing sector.   ...

Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...

Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...

The government collected $48 million from the casino industry last year, a rise of about 40 per cent compared with 2015. Ros Phearun, a deputy director-general of the Finance Ministry’s financial industry department, said that along with an effort by the government to improve tax revenue, ...

Plans to pay garment workers twice a month will be difficult for employers to implement, industry representatives have warned. The Labor Ministry is amending laws so companies will be required to pay staff twice a month, in a bid to protect workers from being abandoned by ...

More than 600 workers from the capital’s Bodykids Fashion Wear factory protested on Friday and Saturday after management failed to pay them their February wages. ...

Manufacturers of local products want fair play. While they have been receiving some consumer-support for their products, they still face an uphill battle against the same products imported from neighboring countries. And many local producers say the government should be doing more to help them ...

Banteay Meanchey province, nestled between the better known provinces of Siem Reap and Battambang, once suffered from a lack of business activity partly due to a long-running border dispute with Thailand. Recent indications, however, show the area is recovering some lost ground on the infrastructure ...

Thailand’s Rajamangala University of Technology plans to set up a tourism and hospitality institute in Siem Reap province to build the capacity of Cambodians working in the tourism sector. ...

Real estate and hotel developers have identified the southern coast of Cambodia as having tourism potential to encourage more business investment. ...

Cambodia and Laos, in a bid to promote bilateral tourism, will create joint tour packages to facilitate the visit of tourists to both countries. The tour packages will focus on provinces, in both countries, that lie on either side of the Mekong river. ...

Labor dispute complaints in the garment and textile sector declined last year compared with 2015, according to the Arbitration Council, which attributed the drop to the Trade Union Law. ...

Prime Minister Hun Sen called for a Green Belt to be established at the country’s main tourist areas to supply holiday-makers with locally produced vegetables and meat, instead of importing them from neighboring countries. ...

Cambodia’s lagging agriculture and nascent manufacturing sectors need to diversify as the threat of regional competition heats up, a World Bank economist warned yesterday, while enumerating the challenges the Kingdom faces after having officially graduated into a lower-middle income country last year. ...

Eighty garment workers in Kampong Cham province fainted yesterday morning due to pesticides sprayed on a rice field nearby, according to police. ...

The Phnom Penh Municipal Court has issued a warrant for the temporary seizure of Top World Garment Cambodia Ltd’s property in order to get the employer to appear and find a solution for workers still owed their December salaries. ...

Cambodian casino operator NagaCorp Ltd posted a net profit of $184.2 million last year, a 7 percent increase over the previous year, with growth largely tempered by a lacklustre surge in business volume across all gaming segments at its NagaWorld casino complex in Phnom Penh.While ...

Cambodia’s total exports to the United States declined last year compared with 2015, due to uncertainties in the US presidential race and rising exports from Vietnam and new market player Myanmar. ...

NagaWorld, a subsidiary of Hong Kong-listed NagaCorp, recorded a modest four percent increase in gross gaming revenue (GGR) last year, bringing the figure up to $500.8 million.   ...

This year’s prahok season has left a bad taste in the mouths of those involved in making the pungent dish that is a staple in Cambodian cuisine. There are concerns that the vagaries in the mudfish catch, due to climate change and illegal exports to Vietnam, ...

About 100 workers from the Chung Fai Knitwear factory in Phnom Penh’s Meanchey district protested in front of the capital’s municipal court yesterday, demanding a judge remove a fee they are unable to pay. ...

The Labor Ministry is considering constructing a railway line connecting Phnom Penh and select provinces to special economic zones (SEZ) or industrial areas in response to the high number of road accidents involving commuting workers. ...

A slow growth in tourism, and a slowdown in the logistics and real estate sectors could cumulatively have a knock-on effect that will threaten the overall growth of the country’s services sector, a report from the Ministry of Economy and Finance said yesterday. ...

AirAsia, the Malaysia-based low-cost airline, will soon have an office in Cambodia to boost the number of tourist arrivals to the kingdom. The airline’s office will open soon, said AirAsia CEO Anthony Fernandes, after holding a meeting with Prime Minister Hun Sen in Switzerland on the ...