PHNOM PENH: The 8th Asia Economic Forum kicked off here on Saturday, focusing on reviewing the ASEAN achievements in the past 45 years and looking at opportunities and challenges toward the realization of an ASEAN community by 2015. The 2-day forum has been attending by some ...

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The secong Cambodia International Textile and Garment Exhibition from August 17 to 20 aimed to boost the Kingdom’s all-important garment sector by highlighting high-tech machinery which could boost factories’ productivity and bottom lines. Over 2,700 square meters at the Diamond Island Convention and Exhibition Center, the ...

More than 2,000 garment factory workers protested Saturday and plan to strike today in support of union organizers who face prosecution in court for alleged “incitement” over demonstrations at the plant, a union representative said yesterday. The workers at Ocean Garment factory began demonstrating on Aug. ...

The price of the Phnom Penh Water Supply Authority stock over the Aug. 30-Sept. 5 period fluctuated from KHR 6,350 (US$1.57) to KHR 6,450 (US$1.59), but trading volumes went down to zero again on Aug. 31, the second time in the bourse’s short history. With ...

Thailand had been asked to supply more electricity to those Cambodian provinces close to the shared border, according to officials. Suy Sem, Cambodian minister of Industry, Mine and Energy, talked to reporters after a bilateral meeting with his counterpart, Thai Minister Arak Chonlatanon last week, a ...

The share price of the Phnom Penh Water Supply Authority (PPWSA) fell 50 riel yesterday to 6,250 riel, or about $1.52, bringing the authority’s share price lower than its initial public offering (IPO) in April. The decline matches views expressed by investors here that the authority’s ...

Revenues generated by insurance firms increased 40 percent ro $18.9 million between january and June compared to the same period last year, according to data released yesterday by the General Insurance Association of Cambodia (GIAC). Fire insurance continued to reign as the sector’s top earner, accounting ...

A Ministry of Agriculture official said yesterday he was aware of allegations of illegal logging by Royal Cambodian Armed Forces soldiers within protected community forests in Oddar Meanchey province and was looking into it. “I am following this case, but I haven’t received their petition yet,” ...

Thirteen women protesters from Boeung Kak lake were yesterday sentenced to two and a half years in prison after a three-hour trial that was widely condemned as illegal – and which prompted SRP lawmaker Mu Sochua to urge the international community to suspend aid to ...

Oil imports to Cambodia in the first half of the year increased 22 percent to nearly 1 million tons compared to the same period last year, according to figures obtained yesterday from the Ministry of Commerce. According to the data, Cambodia imported 922,860 tons of gas ...

Net profits at NagaCorp Ltd., owners of Phnom Penh’s only licensed casino, jumped 38 percent to reach $52.4 million in the first half of 2012 compared to the same period last year, the company said in its most recent financial report. The casino generated a total ...

Adorned in new military uniforms, about 400 more young volunteers who have been enlisted into Prime Minister Hun Sen’s ambitious national land-titling scheme departed from Diamond Island yesterday armed with measuring tapes, computers and GPS units. The budding surveyors are the latest group of some 2,000 ...

The owner of Cambodia Yellow Pages has agreed in principle to sell a 51 percent stake to the subsidiary of Malaysian technology firm CBSA Bhd. in a deal worth $2.04 million, an official at the company said Monday. According to a disclosure last week from CBSA ...

Four Land Management Ministry officials charged with corruption last week were released on bail yesterday, less than five days after arriving at Prey Sar prison for detention ahead of trial, officials said. Srung Leang, director of the prison’s center no. 1, said he received the written release order ...

“Cambodia’s economic growth will stand about 7 per cent this year,” director general of National Bank of Cambodia His Excellency Chea Chanto said. He adds: “Cambodia is trying to diversify its economies to boost the growth.” At the same time, the report from World Bank said: ...

Asia and the Pacific continued as a hot spot for international tourism in 2012, attracting what is expected to be in excess of 350 million international visitor arrivals, expanding its collective inbound count by more than 5% and generating more than 18 million additional foreign visits, year-on-year. Within this ...

In diversifing its holiday attractions, Cambodia’s tourism industry should focus on three key areas – the country’s northeastern region, the coasts and the vicinity around Siem Reap – but efforts to promote these destinations are still lacking, an industry leader says. Statistics from the Ministry ...

Booyoung Co., a mid-sized South Korean conglomerate, said Tuesday that it broke ground for one of the largest housing projects in Cambodia, a project Cambodia hopes to spur foreign investments. Booyoung said it will build 40 apartments and seven residential and commercial complexes on 2.7 square ...

Aided by the recovery of large economies in the United States, the European Union and Japan, Cambodia’s exports jumped more than 20 per cent during the first half of the year compared with the same period in 2012. Ministry of Commerce data released at the end ...