Economy and commerce

The Oryza White Rice Index (WRI), a weighted average of global white rice export quotes, ended the month of March at about $413 per ton, down about $7 per ton from a month ago and down about $41 per ton from a year ago. Global ...

The government of Cambodia is planning to double rice exports to China in 2015-16 (May-April) to around 200,000 tons, local sources quoted the Ministry of Commerce spokesman as saying. ...

More than 100 slot machines worth over $1 million in total were seized in a police raid on a warehouse in Phnom Penh’s Sen Sok district on Monday, an Interior Ministry official said. ...

Cambodia exported around 149,464 tons of rice the first three months of 2015, up about 77% from around 84,331 tons exported during the same period in 2014, according to data from the Secretariat of One Window Service for Rice Export Formality (SOWS-REF). Cambodia exported 387,061 ...

Cambodia’s critical garment industry may be doing significantly better than Commerce Ministry figures suggest, judging by the Finance Ministry’s count, but just whose numbers to trust is up for debate. ...

Cambodia exported 149,464 tons of rice in the first three months of 2015, up 77 percent over the same period last year, according to data of the Secretariat of One Window Service for Rice Export Formality. ...

Rights groups yesterday took aim at the private-sector arm of the World Bank for investing money into companies that are responsible for human rights abuses around the world, highlighting a Vietnamese rubber firm accused of illegal logging and land grabbing in Ratanakkiri province as a ...

The Preah Sihanouk Provincial Court has denied bail to Russian businessman Nikolai Doroshenko, who was arrested at his family’s restaurant in Sihanoukville last week and jailed on a trio of fraud charges related to a dispute with fugitive developer Sergei Polonsky, the investigating judge said ...

Booking outperform expectation at 60 percent with Singaporeans and overseas investors forming bulk of buyers. YUEN Development Co., Ltd, a Singaporean-owned property developer, officially launched the sale of its phase one luxury condominium–La Vie Residences. Located in Chroy Changvar– Cambodia’s city of the future and adjunct ...

Cambodian and Indonesian foreign ministers discussed ways to further enhance ties and cooperation between the two countries on Wednesday. Both sides also agreed to boost bilateral trade volume, which was still relatively small — around 500,000 U.S. dollars last year, he said. ...

The Ministry of Commerce launched its long-awaited online system to generate certificates of origin (COs) yesterday. The new system, developed in partnership with Singapore-based Crimson Logic, is expected to speed up and simplify the process of getting a CO, a document which identifies where a product ...

Phnom Penh’s state-owned water utilities firm – one of the only two companies listed on Cambodia’s fledgling stock exchange – will boost its annual dividend almost twofold.  ...

Commerce Minister Sun Chan­thol evoked the late U.S. President John Kennedy on Friday at a seminar about “rebranding” Cambodia that quickly turned into a promotional event for Coca-Cola. ...

Police in Phnom Penh raided a factory on Monday, collecting thousands of items of evidence linked to an alleged counterfeiting scheme producing soft drinks illegally marked with the logo of a popular regional brand. ...

Grand Twins International, the second firm to list on the Cambodian Securities Exchange, reported $13.27 million in revenues during the last three months of 2014, down 28.6 per cent from its figures reported in 2013. ...

Police in Phnom Penh raided a factory on Monday, collecting thousands of items of evidence linked to an alleged counterfeiting scheme producing soft drinks illegally marked with the logo of a popular regional brand. ...

Police in Phnom Penh raided a factory on Monday, collecting thousands of items of evidence linked to an alleged counterfeiting scheme producing soft drinks illegally marked with the logo of a popular regional brand. ...

Grand Twins International, the second firm to list on the Cambodian Securities Exchange, reported $13.27 million in revenues during the last three months of 2014, down 28.6 per cent from its figures reported in 2013. ...

Developing Asia will maintain its strong economic growth in 2015 and 2016 supported by soft commodity prices and recovery in the major industrial economies, says a new Asian Development Bank (ADB) report. ADB’s flagship annual economic publication, Asian Development Outlook 2015 (ADO), released today, forecasts developing ...

The government plans to rope in private firms for Prime Minister Narendra Modi’s big diplomatic push to ‘Act East Policy’, with its proposed special purpose vehicle for investment in Cambodia, Myanmar, Laos and Vietnam set to offer up to 51 per cent stake to the ...

Cambodia’s massage palours and spa centres are now required to have at least 30 per cent of their staff trained and certified or risk having their business permits revoked, according to a new directive from the Ministry of Tourism. The directive seeks to professionalise the practice ...

Japanese companies in the Kingdom are looking at expanding local operations as business confidence for 2015 is expected to rise on account of higher projected sales and operating profits, according to a survey conducted by the Japanese External Trade Organization. The survey, which looked at Japanese ...

The government is drafting a new food safety law in an effort to better protect consumers, a Health Ministry spokesman Friday. ...

Mobile operator Beeline sold its assets and licenses to Viettel (Cambodia) Pte. Ltd (Metfone), according its statement. ...