The growth prospects of the Cambodian economy in 2012 remain moderate, as has been expected. Cambodia’s real Gross Domestic Product (GOP) is estimated to grow at a rate of 6.2 percent year-on-year, which is unchanged from our estimation at the beginning of this year. Persistently weaker demand in the European and US markets remain the ...

The Dutch mobile telephone operator Beeline has replaced its general manager Gael Campan with Siddhanta Kothari, who previously worked in Vietnam as chief financial officer of GTel Mobile JSC, a subsidiary of Beeline’s owner VimpelCom. Beeline spokeswoman Nhem Socheata said on Friday that the change in ...

Thai police investigating allegations of myriad labor violations at a seafood factory employing hundreds of Cambodian migrant workers have given the facility a clean bill of health. A report last week by a Cambodian NGO, the Community Legal Education Center (CLEC), based on interviews with workers ...

Cambodia had granted operating licenses to 2,606 new companies in the first nine months of this year, a 11 percent rise from 2,336 new firms at the same period a year ago, the report of the Commerce Ministry showed Wednesday. Those companies are dealing in the ...

Land prices in Preah Siahnouk province have risen slightly, by 5 to 10 per cent in early 2013, despite increasing numbers of tourists who have visited Cambodia and travelled to the province. Cheng Kheng, director of the CPL real estate company and president of Cambodian Valuers ...

CAMBODIA’S first financial leasing company plans to rev up its market share for motorcycle financing from 15 to 45 percent starting this year. GL Finance plans to do so by increasing its number of branches here from 11 to 36, said Mitsuji Konoshita, chairman of Group ...

The Cambodian government announced that it would increase the salaries of low-ranking civil servants to 320,000 Riel per month. The statement was issued by Prime Minister Hun Sen Tuesday. He said, 90,000 civil servants will benefit from the increase which will start in September. Recently the Ministry of ...

Samsung plans to more than quadruple its number of stores – currently seven – in the Kingdom, aiming to have 30 branches by the end of this year. The move will extend its lead as the electronic brand with the most stores here, and comes as ...

Cambodia Airports and the NGO Sipar, an organization that supports literacy and the publishing sector in Cambodia, jointly released a Khmer- and English-language book for toddlers about transportation Wednesday morning. “The Picture Book on Vehicles” is part of Sipar’s first collection of books for toddlers written ...

Japanese automaker Mazda opened its first showroom in Cambodia on Wednesday, making it the third foreign car company to move into the country since the beginning of the year. “Mazda starts selling in Cambodia from today,” said Chanthan Ngon, general manager of HGB Auto, the company’s ...

A new report from Cam­bodia’s centre for malaria control shows fatalities from the disease have dropped 85 per cent in the first half of 2013 compared with the same period last year. The total number of malaria cases reduced by 52 per cent during that period, ...

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