ព័ត៌មាន​

Cambodia is the one of the least competitive countries in the region, hampered by corruption, a poorly educated workforce and inefficient government, according to a recent study. The annual Global Competitive Index, conducted by the World Economic Forum, showed a large uptick in reported corruption for ...

Cambodia planned to allocate 3. 1 billion U.S. dollars, in equivalent to 19.8 percent of the country’s GDP, for national expenses in 2013, a 12.9 percent rise year-on-year, finance minister Keat Chhon said Friday. Speaking to reporters after a meeting at the National Assembly, the minister ...

Ministry of Planning and Investment, the Vietnam Association of Foreign Investment Enterprises, and the Cambodia-Laos-Vietnam Association for Economic Cooperation Development jointly held the Mekong Sub-region Investment Cooperation Forum with the theme of Cambodia-Laos-Vietnam Development Triangle before the New Challenges and Opportunities in Buon Ma Thuot ...

Premier Wen Jiabao said on Monday China supports pushing forward an Asian free-trade area, which will cover 28 percent of world’s total export volume. Previous reports said China is expected to make announcements on Tuesday in Phnom Penh that it will join the talks for the ...

President Barack Obama arrives in Cambodia on Monday having just won four more years in office, but that is nothing compared to his host, Hun Sen. The 60-year-old Cambodian prime minister has held power since Ronald Reagan was in the White House, and says he’s ...

Visiting Chinese Premier Wen Jiabao said here Sunday that the relationship between China and Cambodia has set a good example of friendly ties between neighboring countries. Wen made the remarks during a meeting with Cambodian Prime Minister Hun Sen. The comprehensive strategic partnership of cooperation between China ...

A Dak Lak province business forum late last week discussed measures to further promote investment in the Cambodia-Laos-Vietnam Development Triangle. About 300 delegates and guests from the three countries attended the forum, organised by the Vietnam’s Ministry of Planning and Investment (MPI), in partnership with Vietnam’s ...

As Asian and European leaders gather for high level meetings this month in Cambodia and Laos, the luxury living quarters and extensive security arrangements made for their arrivals have come at considerable human and environmental expense. Government authorities went on a building spree ahead of this ...

Prime Minister Hun Sen has called for the removal of all tariff and non-tariff barriers when the ASEAN Economic Community (AEC) integrates in 2015, saying it is of central importance. Speaking at the opening of an ASEAN symposium in Phnom Penh on Tuesday, the premier said integration of ...

Profits at Cambodia’s largest banks continued to grow through the first nine months of the year as loan disbursals across the sector increased by about 30 percent compared to the same period in 2011, bankers said yesterday. Acleda Bank, the largest bank in the country, this week posted ...

Cambodia’s trade deficit reached $1.99 billion through the first nine months of the year, an increase of 33 percent compared to the same period in 2011, according to data released by the Ministry of Commerce on Saturday. Chinese state news agency Xinhua reported that the total value ...

Cambodia’s growing economy and hunger for new brands, particularly among young people, contribute to making Cambodia a profitable market for the franchise business, industry insiders said at the Franchising Forum in Phnom Penh last week. [Rami Sharaf, CEO of RMA Group in Cambodia] said Cambodia is ...

The effects of the global financial crisis in 2008 and 2009 on the Cambodian economy showed how perilous having a narrow economic base can be. Since the Kingdom’s economy is dependent on a few “pillars”-garments, construction, tourism and agriculture-downturns in any of those sectors can ...

Jobs are a cornerstone of development in developing countries, reducing poverty, making cities work and providing youth with alternatives to violence, according to a new World Bank report. Jobs are crucial for achieving economic and social development, the World Development Report 2013 said. According to ...

Cambodia’s Anti-Corruption Unit (ACU) has received about 800 corruption-related complaints in the first eight months of this year, exceeding the whole last year of only 700 cases, Om Yintieng, ACU’s Chairman, said Thursday Cambodia is riddled with bribery and corruption. The Government of Cambodia sees corruption ...

Economic land concessions (ELCs) benefit only a minority, the human rights consequences of the concessions are stark, and Cambodia’s sustainable economic development is threatened by the practice. U.N. human rights envoy Surya Subedi told the Human Rights Council in Geneva yesterday. Mr. Subedi cited uneven access to ...

Cambodia climbed the rankings of the World Economic Forum (WEF) 2012-2013 global competitiveness report to finish 85th out of 144 countries, an improvement of 12 places compared to the previous year. The WEF report, which was released yesterday, measured the competitiveness of each country on more ...

Sweden loaned Cambodia US$57 million yesterday for economic country development and cooperation for the duration of 2012-2013. The agreement was made between Cambodia’s Economic Minister Keat Chhon and Swedish ambassador to Cambodia Anne Hoglund at the Council for the Development of Cambodia (CDC) yesterday morning. Keat Chhon ...

Younger Southeast Asian countries will look for a means of filling the financial gap between poorer mainland ASEAN members and more developed states this week during the 44th ASEAN Economic Ministers Meeting, which kicked off today. At the five-day meeting which Prime Minister Hun Sen was ...

After a day sewing, treating fabrics and ironing, workers steam out of the Maurea Garment Factory in a suburb of Phnom Penh. Unilke some other factories, this one doesn’t have to deal with work slowdowns due to electricity outages of high monthly energy bills since ...

The 44th economic ministers (AEM) meeting and related meetings will be held from 25 August-1 September, 2012 in Siem Reap province. The ministers will focus on the economic community in 2015 and boost economic council to move forward  because this community is going smoother than other two ...

Cambodia will face both challenges and opportunities when the ASEAN Economic Community (AEC) combines its 10 countries into a single market for economic development, a move intended for 2015, officials said during a round-table discussion yesterday. Sok Siphanna, an adviser to the Ministry of Foreign Affairs and ...

Officials at a recent energy conference in Phnom Penh stressed that Cambodia needed to use energy more efficiently to meet regional goals, boost economic development and lower overall harm to the environment. More than 150 energy officials from the public and private sectors came together for ...

Cambodia on Wednesday inaugurated a 128-kilometer China-funded national road No. 62 in an effort to boost social and economic development in northern provinces. The road, from Kampong Thom province’s Kampong Svay district to the provincial town of Preah Vihear province, cost about 52 million U.S. dollars ...