Investment in Cambodia from overseas surged by at least 44 percent last year, according to an estimate from the central bank, despite figures suggesting a reduction in the overall flow of foreign currency into Southeast Asian economies. Nguon Sokha, director-general of the National Bank of Cambodia, ...

A new partnership looking to export Cambodian rice to world markets formed yesterday afternoon at Sunway Hotel The Alliance of Rice Producers and Exporters of Cambodia (ARPEC) elected their first executive committee, which includes office holders Phou Puy, Hann Khieng, Oknha Kong Sang, Sok Cheng, Seng ...

A factory supplying shoes for German sports brand Puma has experienced no mass faintings and seen overall productivity improve since it started providing meals to its workers last year, a Puma representative and a factory official said yesterday. Workers at Huey Chuen (Cambodia) Corp. Ltd. in ...

Cambodia’s highly dollarized economy could benefit from a rush of foreign capital into Asia unleashed by the U.S. Federal Reserve’s latest economic stimulus, unlike some of its Asian neighbors, as it lifts demand for real estate and garment exports in the developing country, a senior ...

Almost $400 million will be invested in Cambodia’s airports over the next eight years, the trade magazine Airport World has reported. The investment will fund the extension to the international terminal at Phnom Penh’s airport, the upgrading of Siem Reap’s airport and improvements to the Sihanoukville ...

With three workers still missing after a major breach at a chinese built hydropower dam in Pursat province on Saturday, the Government’s investigation into what went wrong and why appears to be moving slowly. A large set ion of a concrete tunnel at Stung atai ...

About 3,000 Chinese in Huang clan from around the globe gathered here Wednesday to bridge closer ties among Huang families and to visit Cambodia’s attractive tourism destinations. Speaking at the opening of the 11th World Huang Clan Convention 2nd Session, Cambodian Minister of Commerce Cham Prasidh, ...

Prime Minister Hun Sen yesterday told the newly appointed Thai Ambassador Touchayoot Pakdi that border checkpoints between the two countries need to remain open in order to promote trade and tourism and combat border crimes. Mr. Hun Sens remarks to Mr Pakdi came during a ...

As night falls thousands of weary workers stream from textile factories that fan out across Phnom Penh’s outskirts. The clothing industry’s desire for cheap labour having created an abundance of jobs but as the number of international clothes companies tapping into Cambodia’s workforce grows, so does ...

The final day of former Bavet town governor Chhouk Bandith’s trial on Friday saw heated argument between lawyers and witnesses over who was responsible for shootings that injured three garment factory workers at a demonstration last year. More than 20 witnesses testified during the three days ...

Many restaurants, shops, supermarkets and tourist sites in Phnom Penh and Siem Reap will operate at a limited capacity or close entirely this Sunday as Cambodians line up at voting stations to elect a new government. “We will close the whole day on the 28th,” Kong ...

Cambodia’s economy would grow by 7.6 percent this year, driven by garment exports, agriculture, tourism and construction, according to a preliminary prediction by the Ministry of Economy and Finance on Wednesday. The ministry said that the GDP volume would be around 15.19 billion U.S. dollars and ...

About 5,000 garment workers from a factory in Kompong Speu province, which manufactures clothing for U.S sports giant Nike, yesterday blocked National Road 4 demanding additional allowances, such as transport and maternity bonuses, a union representative said. The protest at Sabrina (Cambodia) Garment MFG Corp., in ...

The Interior Ministry has ordered local authorities to stop collecting thumbprinted letters of election support, echoing NGOs who alleged earlier this week that the practice amounts to intimidation. “Municipal and provincial governors shall stop immediately making petitions to support the results of the fifth mandate of ...

Monday morning’s meeting held at the National Assembly between the ruling Cambodian People’s Party (CPP) and the Cambodia National Rescue Party (CNRP) leaders ended around 1:30 in the afternoon, producing a joint agreement by both parties. After the meeting the two opposing party senior officials announced ...

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The opposition Cambodia National Rescue Party (CNRP) said Friday that talks with Prime Minister Hun Sen’s ruling party over political dispute will be resumed on Tuesday next week. “Officials at working group levels of the two parties will meet on Tuesday, Nov. 5 at the Parliament ...

Bilateral trade volume between Cambodia and its neighboring Vietnam has hit 2.7 billion U.S. dollars in the first nine months of the year, up 10 percent compared with the 2.45 billion U.S. dollars over the same period last year, a Cambodian trade official said Thursday. Kem ...

A Vietnamese company has been transporting thousands of dollars’ worth of illegally logged luxury timber from Kratie’s Snuol district to Vietnam on a nightly basis under the nose of authorities, an environmental protection NGO said yesterday. at least 10 trucks with an estimated five cubic metres of ...

Taiwan’s E. Sun Commercial Bank has purchased a 70 per cent stake in Cambodia’s Union Commercial Bank. The deal, planned for months but announced yesterday at a press conference at the Sofitel hotel in Phnom Penh, will bring technology upgrades and more loan capital to the ...