Economy and commerce

The Cambodian government recently awarded the operator of its three international airports more than $100 million for upgrades in an effort to accommodate strong passenger growth driven by the country’s nascent tourism industry. Cambodia Airports—the subsidiary of Italian firm Vinci, which serves as the concession ...

Compared to the bustling tourist center of Siem Reap, Phnom Penh has long stood in second place as an investment destination for international hotel operations. But as infrastructure slowly improves and the number of visitors to the capital continues to grow, international hotel chains are taking ...

Slapping Khmer song lyrics over international hits or ripping off the creative content of foreign-produced music videos is a practice in the Kingdom that must end within one year, Ministry of Culture and Fine Arts officials said at a conference in the capital yesterday. A crackdown ...

Operating revenue at the partly state-owned mail service, Cambodia Post (CP), rose more than 10 per cent last year compared to 2012, according to a senior government official. Ork Bora, CP’s general director, said that revenue reached $4.56 million, an increase of 12.54 per cent from ...

Starting later this month, 10,000 small and medium-sized businesses will be queried as part of a Japanese government-backed economic census intended to take a snapshot of activity across the private sector. Beginning on February 23 and running through to March 31, Cambodia’s National Institute of Statistics ...

Meeting for a minimum wage workshop on Tuesday, the country’s independent and government-aligned unions argued over reforms to the Labor Advisory Committee (LAC), the body in charge of setting the minimum wage in the garment sector, which employs some 600,000 workers. The LAC, which is composed ...

Moc Bai Border Gate Economic Zone is located on the Trans-Asia Road that starts from Myanmar, goes to Thailand, Cambodia, Laos and Vietnam and ends at Quangxi, China. It was built with three border gates on an area of 21,283ha, covering the communes of Long Thuan, ...

Amid falling local production in Italy, officials there are calling on the European Union to scrap a preferential trade agreement that gives Cambodia’s rice exports duty-free advantages in the global market. According to a January 31 report from rice industry publication Oryza, members of the Italian ...

At 10 a.m. on January 3, about 2,000 members of the security forces, mostly military police, advanced down Phnom Penh’s factory-lined Veng Sreng Street, spraying AK-47 assault rifle fire into a crowd of about 100 protesters who had been throwing stones and crude Molotov cocktails. ...

Cambodian and Vietnamese foreign ministers are to meet on Feb 10-11 to boost the economic, cultural, scientific and technological cooperation between the two countries, according to a statement of the Ministry of the Foreign Affairs and International Cooperation. ...

About 100 monks, activists and workers returned on Saturday evening to the Canadia Industrial Park, where garment workers clashed with military police on January 3, to pray for the five protesters who were shot dead in the violence and call for the release of 23 ...

Japan will introduce direct flights to and from Cambodia this year in an effort to bolster trade, investment and tourism between the two nations, Prime Minister Hun Sen said on Friday. Hun Sen announced the plan at a meeting with a delegation led by Hideo ...

Market vendors hawking pirated government textbooks have a month to get their shops in order if they want to avoid an authority-led crackdown, a statement released on Friday by the Ministry of Education, Youth and Sport warns. Selling or buying textbooks labelled “not for sale” or ...

Prime Minister Hun Sen of Cambodia believes that within 6 months, Cambodia will have direct flight from Japan, which will help promote tourism and investment in the Kingdom. The Premier made such comment January 31 during his meeting with Delegates of World Tourism led by Mr. ...

Cambodia’s economy is expected to grow by 7.2 percent this year, and pick up to 7.5 percent next year, the International Monetary Fund (IMF) has said. The IMF hailed Cambodia for making good progress in achieving the Millennium Development Goals and reducing poverty substantially. It said ...

Cambodia exported 300,000 tons of fresh and dry cassava in 2013, down 58 percent compared with the 720,000 tons recorded a year earlier, according to figures by the Commerce Ministry on Saturday. The country earned a revenue of 16 million US dollars from cassava export last ...

Sugar plantations that benefit from the European Union’s Everything But Arms (EBA) scheme, which allows preferential access to the E.U.’s market, have further impoverished Cambodia’s poor, and an investigation needs to be launched, a member of the European Parliament (MEP) said on Friday. Patrice Tirolien, MEP ...

Cambodian Prime Minister Hun Sen said Friday that the country wanted to see more British investors in order to further contribute to developing local economy and reducing poverty. The premier made the remarks during a meeting with visiting British Minister of State at the Foreign and ...

Two years after Prime Minister Hun Sen broke ground on a Chinese-funded project to widen National Road 6a in order to expand its capacity as a major trade and tourism thoroughfare, life for the tens of thousands of families living along the 50-km stretch of ...

At the end of a well-paved road just past the city’s airport sits a cluster of factories. Each one is barely discernible from the next – grey concrete walls and blue aluminium roofs. But one factory in the lot, MAG (Cambodia), is different. In a country ...

Cambodia’s aviation sector doesn’t need a second domestic carrier, according to a new report from the Australia-based Centre for Aviation (CAPA). The report, published yesterday, is the latest instalment in a two-part analysis of the country’s aviation industry, and focuses on Cambodia Airlines, the Royal Group ...

A member of the European Parliament is in Cambodia investigating agri-business firms accused of evicting hundreds of families while benefiting from a free-trade scheme with Europe worth millions of dollars, according to the NGO Equitable Cambodia. The visit from France’s Patrice Tirolien follows a resolution the ...

Authorities burned one house and demolished three others in the past two days in Koh Kong’s Botum Sakor and Kiri Sakor districts in the latest development in the long-running land dispute between villagers and Tianjin Union Development Group, community representatives and the rights group Adhoc ...

British Secretary of State for Asia Hugo Swire was due to arrive in Cambodia last night for a two-day diplomatic visit to the country where he will meet Prime Minister Hun Sen as well as members of the opposition. ...