News

Cambodia’s $5.5 billion garment industry is nearing a crossroads amid uncertain prospects for outsourcing, an industry source says, citing participants at a recent trade show in Phnom Penh. “Many industry suppliers believe that while Cambodia remains a growing market for their textile and garment products, there ...

Cambodia’s construction sector received a total investment of 851 million U.S. dollars in the first three months of 2014, up 311 percent compared with 207 million U.S. dollars over the same period last year, the official figures showed Thursday. During the January-March period this year, the ...

Britain’s Royal Institute of Chartered Surveyors says it is preparing a report for the Cambodian government on possible steps to reassure garment buyers about factory safety. The report by the institute, which investigated the Rana Plaza garment factory collapse in Bangladesh last year, will also include ...

Cambodia and Britain signed Memorandum of Understanding (MOU) to fight against cross-border crimes. “The MOU focused on cooperation between the General Commissariat of National Police and Britain’s National Crime Agency to fight against crimes and related violations,” said Kirt Chantharith, national police spokesman. ...

The Cambodian Mine Action Centre (CMAC) is looking to increase its annual budget to $33 million this year amid a need to upgrade its life-saving equipment, an official said yesterday. Approximately $10 million has already been raised, according to CMAC director Heng Ratana, who expressed confidence ...

Prime Minister Hun Sen asked Britain to help Cambodia on human resource development. Hun Sen and Hugo Swire, British Foreign Minister for Asian Affairs, had a meeting Friday at the Peace Palace. ...

PHNOM PENH, Sept. 27 (Xinhua) — Cambodia’s construction sector had received a total investment of 2.14 billion U.S. dollars in the first eight months of the year, up 40 percent from 1.53 billion U.S. dollars over the same period last year, a government report showed ...

Bilateral trade between Cambodia and South Korea nearly reached the $1 billion dollar realm in 2012, a hike of nearly 100 per cent from the year before, senior officials said yesterday. According to official data from the Korea Trade-Investment Promotion Agency, total bilateral trade between ...

The amount of money spent on construction in Cambodia soared by 72 per cent in 2012 compared to 2011, according to data from the Ministry of Land Management, Urban Planning and Construction. The ministry said it had issued 1,694 construction patents covering 6.5 million square metres ...

About 1,000 workers at a bicycle factory in the Tai Seng Special Economic Zone went on strike Wednesday for a second day, sources said. The sources said the striking workers at Smart Tech (Cambodia) Co Ltd threw rocks at factory windows and threatened to continue ...

British ambassadors and high commissioners from the ASEAN region convened last week in Singapore; among the range of topics discussed was the increase of the UK’s economic involvement in the region. According to Mark Gooding, British Ambassador to Cambodia, UK trade with Cambodia has been increasing ...

Two global life insurers are opening offices in Cambodia, one of Southeast Asia’s few untapped insurance markets, as they strengthen their foothold in a region that could eventually be a key driver of revenue growth. Britain’s No. 1 insurer Prudential said on Monday it won in-principle ...

A biofuel company is currently under investigation for fraud in the U.K. after millions of dollars of investors’ money was spent on a jatropha plantation in Banteay Meanchey province that never produced even a single drop of biodiesel. The company, London-based Sustainable Agro Energy PLC, had ...

PHNOM PENH, Cambodia — Throughout the drama this spring revolving around the dismissal of the ambitious Chinese official Bo Xilai and the investigation of his wife as a murder suspect, the most mysterious figure has been a French architect named Patrick Henri Devillers. When Mr. Bo ...