Prime Minister Hun Sen said on Monday that the Kingdom’s economic growth is forecast to grow at 7 per cent this year, according to news agency reports. “We still maintain our forecast of  7 per cent growth and the latest forecast showed that the inflation rate ...

Union leaders representing workers on strike at the Tropicana Casino and Resort were served with a summons by the Banteay Meanchey provincial court yesterday after a complaint by the casino’s management. The court summons came around the time Sum Sam Ith, the Tropicana representative, sent ...

Government action is needed if Cambodia is to reach its potential for economic growth and address growing inequality, according to a new report from a leading local think tank. The recommendations were included in the Cambodian Development Resource Institute’s (CDRI) annual development review 2012 to ’13. ...

PHNOM PENH: Fisheries Administration and FAO launch the Inception Workshop on Micro and Small Enterprise Development to Achieve Food Security, Food Safety and Self Reliance for Urban Poor in Phnom Penh, citing that it will help local community. At the workshop, H.E. Kao Sochivy, deputy director general of fisheries department said: “urban food security project ...

Military police in Siem Reap province arrested a 33-year-old woman this week on accusations of fraudulent activity involving writing a cheque at a local bank. Cheque account usage, an infrequently used service only a few years ago, is gaining traction in the Kingdom. Bank officials said fraudulent cheques ...

The first buses directly connecting Thailand and Cambodia left Bangkok on Thursday, headed for Phnom Penh and Siem Reap, with the launch of a regular service to bolster tourism and economic ties between the two countries. The first airconditioned bus from Bangkok to Phnom Penh left Mor ...

“Two-way trade volume between Cambodia and Japan reached over $513 million in 2011 and it will be expected to increase further for 2012, a senior official from JETRO (Japan External Trade Organization) here said on Friday. Kiyotaka Doho said: Japan’s exporting to Cambodia was worth about $205,430,000 and it was increased about 129.8% for year-on-year. And ...

Prime Minister Hun Sen again addressed recent criticism from [Surya Subedi] the U.N.’s human rights envoy to Cambodia , during a speech yesterday in Bateay Meanchey province that focused on land disputes. Mr. Hun Sen was speaking in Thma Puok district’s Banteay Chhmar commune, where he ...

Factory workers complain that their low salaries are not keeping track with the price of goods and services. Phoeun Sreyleak, 20, said she gets $70 a month including bonuses for health care and rent. “My basic wage is only $58,” she said. “My friend gets 2,000 riel ...

Hundreds of would-be illegal loggers have been stopped this year by provincial authorities in Preah Vihear, Oddar Meanchey and Banteay Meanchey who have stopped them from crossing the border into Thailand, where Thai soldiers have killed 17 Cambodians so far this year. In Preah Vihear alone, ...

Australia and New Zealand Banking Group (ANZ.AX) would consider selling some of its stakes in Asian banks if Australia does not ease stringent capital requirements, chief executive Mike Smith said on Wednesday. The plan raises questions about how Australia’s smallest ‘Big Four’ bank will meet the ...

More than 300 workers from the Tropicana Casino and resort in Banteay Meanchey provinces’s Poipet town obeyed a court order to end striking and return to work yesterday and official said. Hong Prakorb, a provincial official for the Labour Ministry said more than 200 workers ...

More than 4,000 people attended a ceremony in December last year that saw Japan’s largest shopping mall developer and operator, Aeon, breaking ground on its three-storey mall in Phnom Penh, and the company says it is already considering building more in the capital. Aeon Mall ...

Cassava farmers in Banteay Meanchey province had to import seeds from Thailand this season in response to rapidly-changing weather conditions that interfered with seed growth. Te Haing, a cassava farmer in Banteay Meanchey who planted more than 1,000 hectares this season, told the Post yesterday that ...

Cambodia is expected to be able to produce about half the energy it needs by 2035, according to the Asian Development Bank (ADB), but the Kingdom – along with its neighbours – should also consider integrating their energy grids, which would bring about more competitive ...

The Sihanoukville Autonomous Port, the kingdom’s largest shipping facility, has seen a 14 percent increase in cargo shipment in the first five months of this year thanks to growing business activities, a port senior official said Wednesday. During January-May period this year, the state-owned port had ...

Four Preah Vihear villagers filed a complaint with rights group Adhoc yesterday, requesting help in gaining permission to farm 93 hectares of land the Provincial Forestry Administration barred them from last year. The four complainants represent 65 families who have farmed the area in Kolen district ...

A reporter from Cheat Sachak newspaper in Ratanakkiri province filed a complaint to provincial military police and rights group Adhoc on Monday, claiming he had been beaten by a group of illegal loggers to stop him from reporting on their activities. Phon Bun Thoen, 53, said ...

ElectraCard Services (ECS), a leading provider of software and processing solutions for electronic payment systems, announced that Sathapana Limited (SPN), the leading MFI in Cambodia, has selected ECS to offer ATM and card services to their customers. Sathapana operates through 101 offices (74 branches and ...

Investors in drinks giant PepsiCo have filed a shareholders resolution urging the company to account for alleged land-rights violations in Cambodia. The 14 shareholders – including Oxfam – are increasing the pressure on PepsiCo following Coca-Cola’s pledge earlier this month of “zero tolerance” towards land grabs. An ...