Luxury jewellery brand Tiffany & Co is building a diamond-polishing factory in Phnom Penh, as the company, which has enjoyed increasing sales, seeks to ensure it can continue supplying the diamonds it needs. Construction began last month on the 1.2-hectare factory, along with a training centre, ...

Thailand’s recent announcement of a 20 per cent price cut within the government rice-pledging scheme will have little impact for Cambodian exports, but farmers may feel the effects, say industry insiders. In an article published in the Bangkok Post on June 19, Thailand’s cabinet had agreed ...

Monks residing in Koh Kong’s remote Areng Valley have begun raising funds online to renovate their local temple, despite plans in store for a large Chinese backed hydropower dam that would leave the site completely inundated. The 108-MW hydropower dam, to be built by ...

Motorbikes, vegetables, iPhones, artwork, or even land on which to build a house – a quick browse through website 7Makara.com gives the impression of a Cambodian eBay or Amazon. The difference, however, is that you can’t complete the transaction from the convenience of your bedroom. In ...

Cambodian Prime Minister Hun Sen on Wednesday inaugurated a rubber processing plant here, saying the factory would contribute to developing the country’s fast-growing rubber sector. The 7 million U.S. dollar plant, invested by Cambodia’s Sopheak Nika Investment Agro-Industry Company, was built on the area of 9 ...

On the palm-studded plains of Cambodia, rice farmers’ eyes light up with the prospect of sending their crop northward to China. The poor Southeast Asian nation had been trying for several years to export rice to the mainland but only last year did it gain ...

Logging baron Try Pheap’s MDS Import Export Co, Ltd has been granted a licence to collect and process the controversial plant known as yellow vine around the Stung Atay hydropower dam in the Cardamom Mountains, according to documents received by the Post yesterday. The vine has ...

Tourism is one of the major sectors supporting the Cambodian economy. Last year, the country attracted 3.58 million foreign tourists, generating 2.2 billion US dollars in revenues. The Cambodian Minister of Tourism Thong Khon said Tuesday that the July 28 national elections in Cambodia would not ...

ASX-listed Indochine Mining has completed the first part of a A$26.3-million capital raising, and has signed a deal with fellow-listed Capital Mining to dispose of an 85% shareholding in its wholly owned subsidiary, which owns gold assets in Cambodia. Earlier this month, the precious metals developer ...

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 ...

Minister of Water Resources and Meteorology Lim Kean Hor said Monday that he would seek an investigation into a $1.5-million haul of river sand exported to India in April in spite of a ban on the export of dredged sand handed down by Prime Minister ...

Low electrification rates and over-dependence on fossil fuel imports have contributed to Cambodia’s abysmally low ranking in the new World Economic Forum’s Global Energy Architecture Performance Index Report for 2014. Cambodia ranked 120 out of 124 nations, with a so-called Energy Architecture Performance Index (EAPI) score ...

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Flash floods left hundreds of families trapped in their villages, destroyed properties and killed livestock in Ratanakkiri province’s Lumphat district Tuesday, officials said. Heavy rain had softened the walls of a canal, which gave way to the pressure, according to Khlem Sovann, chief of Lbaing I ...

Cambodia planned to set up the first ever Civil Aviation Training Center with South Korean assistance in order to boost development of air transport industry and tourism, a spokesman said Saturday. “South Korea agreed to provide 10.1 million U.S. dollars in grant aid to Cambodia for ...

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The CPP-controlled Permanent Committee of the new National Assembly has approved a $25-million budget to cover the Assembly’s costs for the coming year, despite the continued absence of nearly half the 123-member body’s elected lawmakers. The opposition CNRP’s 55 lawmakers-elect have been boycotting the Assembly since ...

CPP lawmaker Chheang Vun said Wednesday that the National Assembly will take legal action against the Committee for Free and Fair Elections in Cambodia (Comfrel) for causing “chaos” in society by reporting the day before the national election that the indelible voter ink could be ...

Against the backdrop of high electricity costs and energy imports, Cambodian businesses could save millions of dollars annually by implementing energy-efficient business practices, insiders said yesterday. “It is clear that energy efficiency has multiple benefits, not only to the tourism sector but also other economic sectors ...

Despite making some gains, Cambodian women continue to fall well short of their male counterparts when it comes to education and position in the labour market, a study released yesterday by the International Labor Organization reports. Men account for just five per cent more of Cambodia’s ...