News

Realco Cambodia Ltd., a U.S.-owned company, plans to invest $7 million to build a market at the Phnom Din checkpoint on the border with Vietnam in Takeo province’s Kirivong district, a senior official at the Takeo, Kampot and Kep Provincial Chamber of Commerce said Friday. Realco ...

Cambodia on Thursday rejected four recommendations for improving its human rights situation that it initially accepted earlier this year during its second universal periodic review at the U.N. Human Rights Council in Geneva. It also “noted” 38 recommendations—meaning it has not committed to implementing them—some relating ...

Cambodia recorded a trade deficit of 1.14 billion U.S. dollars in the first five months of 2014, a latest report by the Ministry of Commerce showed Wednesday. Total trade value jumped to 7.32 billion U.S. dollars during the January-May period this year, an increase of 17 ...

The Cambodian government is drafting a series of changes to the Kingdom’s gaming laws in a bid to draw major players from Macau and the US to the market and potentially create a new tax base from the growing, if currently illegal, online betting industry, ...

Human rights workers say the US and other countries should censure Thailand over fisheries practices that mean near-slavery for many Cambodians and others. An investigative report by the UK-based Guardian newspaper exposed serious abuses in the Thai fishing trade, where workers are cheated of pay, kept ...

Tuesday morning, not long after dawn, a line of students formed outside En Komar Primary School, in Kampong Thom province. Students were waiting to receive breakfast from their teachers. The breakfasts are part of a World Food Program initiative that aims to feed 3.5 million students ...

Less than two weeks after a major rights group lambasted the US’s training of Cambodia’s “abusive armed forces”, allegedly incriminating photographs have been removed from the official Facebook page of the joint training exercise. On May 20, Human Rights Watch (HRW) issued a statement hitting out ...

Representatives from some of the world’s largest fashion brands and the leader of one of the world’s biggest union organizations met this week with Cambodian officials and local clothing manufacturers to demand better treatment and improve workplace safety for the country’s estimated 600,000 garment workers. Garment ...

Cambodia’s petrol bill topped $440 million at the end of the first quarter, up 11 per cent from $397 million during the same period last year, according to data from the Ministry of Commerce. The data show Cambodia imported a total of 453,000 tonnes of petroleum ...

In a first for the Kingdom’s organic rice, the Cambodian Center for Study and Development in Agriculture (CEDAC), successfully exported its produce to Hong Kong earlier this month, the organisation’s top official confirmed yesterday. ...

Driven by a slowly recovering American economy, Cambodian exports to the US increased 11 per cent in the first quarter of 2014 compared with the same period last year, according to the latest US government data. Cambodian exports from January to March totalled $771 million, up ...

Anti-corruption advocates say they want the US government to help them push for transparency in the extractive industries, as ongoing mining continues to disrupt the lives of many Cambodians. At least 120 companies, most of them Chinese, have obtained mining licenses in the last decade, as ...

Bilateral trade volume between Cambodia and the United States had amounted to 845 million U.S. dollars in the first three months of 2014. The number saw a 11-percent rise from 758 million U.S. dollars over the same period last year, figures release by the U.S. Department ...

The share price of Cambodian casino owner Entertainment Gaming Asia has fallen below the minimum requirement of the Nasdaq Stock Market, threatening the gaming company’s US listing, according to a statement posted on EGA’s website last week. EGA has been given 180 days – until October ...

Garment and footwear industry, Cambodia’s largest income earner, reported a 16 percent surge in exports in the first three months of 2014, the figures of the Ministry of Commerce showed Monday. The Southeast Asian nation exported apparel and footwear products in equivalent to 1.56 billion U.S. ...

The Securities and Exchange Commission of Cambodia (SECC) is investigating a rise in fraudulent get-rich-quick schemes that prey on Cambodian investors, the market watchdog said yesterday. Unlicensed investment schemes operating inside Cambodia will go under the SECC’s microscope, while multilevel marketing firms that appeal to vulnerable ...

Garment and footwear industry, Cambodia’s largest foreign exchange earner, currently consists of 960 factories, employing some 620,000 workers, labor minister Ith Samheng said Thursday. The sector made a revenue of 5.5 billion U.S. dollars last year, accounting for around 80 percent of the country’s total exports, ...

US-based broker Decker and Co has announced a partnership with the Cambodian unit of South Korea’s Tongyang Securities Inc, one of only seven underwriters licensed by the Cambodia Securities Exchange. In a statement late Tuesday, Decker said partnerships with Tong Yang in Cambodia and BPI Securities ...

Cambodia’s trade volume with foreign countries has increased by 15 percent in the first quarter of 2014 even though the internal conflict between the ruling and opposition parties over July election results remains unsolved. The figures of the Commerce Ministry showed Tuesday that the Southeast Asian ...

A Phnom Penh-based factory supplying uniforms for police officers and firefighters in the US city of Los Angeles continues to break Cambodian labour laws, a report to be publicly released today says. Kin Tai Garment factory, a supplier to 5.11 Tactical – which sells the uniforms ...

CAMBODIA National Rescue Party deputy leader Kem Sokha pledged his party’s foreign policy allegiance to the United States over China in no uncertain terms to top officials in Washington, last week, according to a summary of his meetings posted online. A document released by the US-based ...

Cambodia and the United States will hold a joint military exercise dubbed “Angkor Sentinel 2014” next week, aiming to build capacity for Cambodian armed forces and bolster bilateral military ties. The annual exercise will last for ten days (April 21-30) at the Training Centre for Multinational ...

A new blueprint for the long-delayed Snake Island (Koh Pos) resort development off the coast of Sihanoukville will soon be completed, and investment of up to $1 billion is hoped to kick-start the project, which has a planned completion date of 2018, according to the ...

The United States on Thursday handed over underwater demining equipment to the Cambodian Mine Action Center (CMAC)’s Underwater Demining Unit in northern Kampong Chhnang province, said a press statement from the US Embassy. US Ambassador William E. Todd delivered the equipment, including inflatable boats, air compressors, ...