News

Trade between Cambodia and the United States was valued at 2.55 billion U.S. dollars in the first ten months of 2013, up 2 percent from 2.49 billion U.S. dollars over the same period last year, the figures of the U.S. Department of Commerce showed Friday. Cambodia’s ...

US and Cambodian governments have presented a united front calling for the country’s agriculture industry to diversify, modernise and commercialise. US ambassador William E Todd and the Cambodia’s Deputy Prime Minister and Chairman of the Council for Agricultural and Rural Development Yim Chhay Ly led an ...

Cambodia has the dubious distinction of coming in third place in a survey released this week purporting to measure countries’ suffering. In the well-being poll compiled by US research company Gallup, more than a third of Cambodian respondents rated their quality of life as abysmally low, ...

After the management of an embattled garment factory this week refused to follow a government order to reinstate 19 dismissed union leaders and activists, unionists and observers are at a divergence of opinion over how the state should respond. “It’s fairly unprecedented,” Dave Welsh, country director ...

Proper accounting and auditing help promote business opportunity and development, finance experts say. Socheat Chum, a senior associate auditor for KPMG, a professional accounting service, told “New Voices” on Monday that companies with “solid” financial statements will “attract more business partners and be able to borrow ...

UK retailer Marks & Spencer (M&S) is trialling a new campaign aimed at helping 14,000 garment workers in Cambodia deal with common health issues, as part of its Plan A ethical programme. The company, which aims to become the world’s most sustainable major retailer by 2015, ...

When the extent of flood damage becomes clear, the Asian Development Bank may lower its economic growth forecast for Cambodia to reflect the severity of the aftermath, a senior official with agency’s local office said yesterday. “It is possible that we will have to revise downward ...

As two volunteers guided a man unsteady on his feet into a medical tent on the second day of a three-day pro-opposition demonstration at Freedom Park yesterday, Chan Bun Han instructed another to get the patient a bottle of water after they laid him on ...

Despite concerns that political uncertainty would be a drag on the economy, Cambodia’s garment exports continued on an upward trend in the first nine months of the year, the latest data show. Though volume increased, factory profit margins were squeezed due to labour disputes and demands ...

The World Bank said Monday that the impact of Cambodia’s political uncertainty was “unclear” but left its growth forecasts unchanged for this year and next year.  “The Cambodian economy remains robust amidst a challenging global economic environment,” the bank said in its East Asia and Pacific ...

Responding to growing demand in US and EU markets, organic rice exports have surged, reaching 200 tonnes in the first six months of this year, compared with 100 tonnes for all of last year. Exports of organic rice are meagre compared with other varieties, such ...

In the first seven months of this year, the bilateral trade between Cambodia and the U.S. has reached some US$1.7 billion, up by 3.5 percent if compared to the same period in the previous year, according to the U.S. Trade Department’s figures. ...

The fourth annual Business and Culture Expo hosted by the Cambodian American Business Association, an event designed to bring together business owners, entrepreneurs and Cambodian community members, will be held Sunday August 25 in the parking lot of the Mark Twain Library. However, the event that ...

When Him Anna started to plant pepper crops seven years ago, she would have never thought that one day it would turn into a profitable business. Today, Anna is the chief executive officer of Bright Starling Holdings Co, which owns Starling Farm Kampot Pepper. Established ...

Cambodia is one of the most attractive countries for expatriates working for US companies in ASEAN, according to a survey of 475 US business executives from throughout the region. Of those surveyed in Cambodia, 65 per cent reported that employees in other locations requested to relocate ...

In January, officials broke ground on the new $4 million headquarters for the Cambodia Securities Exchange. Situated along a northern stretch of Freedom Park, a short skip from Wat Phnom, the French colonial-era building is a suitable home for the two-year-old bourse, which now operates ...

Cambodia has delayed two of its military cooperation programs with Australia, the Australian Defense Department said Thursday, after it emerged this week that U.S.-backed programs had also been postponed following the July 28 national election. Dave Gordge, first secretary and deputy head of mission at the ...

The government on Wednesday insisted that its decision to postpone U.S.-backed military assistance programs following the July 28 election would not have a negative impact on relations between the two countries. Marie Harf, the spokeswoman for the U.S. State Department, also said on Tuesday that ...

Cambodia postponed U.S.-backed military assistance programs immediately after the July 28 national election, officials of both countries confirmed Tuesday, in a move that analysts said reflects a strain in relations after years of strengthening military ties. The U.S. has in recent years expanded training and other ...

ambodia has suspended international military co-operation programs with the United States and others following that country’s recent, disputed election, the State Department said Monday. The reason for Cambodia’s action was not immediately clear. State Department spokeswoman Marie Harf told reporters that Cambodia’s Defence Ministry has postponed ...

For the first time in recent memory, the Ministry of Economy and Finance has released growth projections for the first half of the year, and the numbers are good. The ministry’s preliminary data claims that from January through June, economic growth stood at 7.6 per ...

Gold prices in Cambodia are down about 27 per cent from January through June, according to the Ministry of Commerce. Gold trade changed little yesterday after the biggest drop in almost two weeks in response to the US Federal Reserve Chairman Ben S Bernanke’s comments ...

U.S. Ambassador to Cambodia, William E. Todd returned from a reverse trade mission in the United States to promote trade and investment opportunities in Cambodia. Around 50 Cambodian business representatives accompanied Mr. Todd in meetings with several U.S. businesses, investors, and trade associations in Long Beach, ...

Hui Tien Jien has eaten at a Chinese restaurant called Old Place Seafood two times – and he’s been in Phnom Penh for only two days. Chinese restaurants in Phnom Penh are spreading in response to a flood of tourists from China: tourists who insist ...