Southeast Asia is a growth market for the mobile industry, with indonesia and the Philippines being key markets for growth, particularly in smartphones, reports GfK Asia. The Southeast Asian mobile phone market is on the rise, having grown by 24% in volume in the past 12 ...

A Ratanakkiri provincial court has charged a married couple with premeditated murder in the grisly killing of Vorakchun Khmer newspaper reporter Hang Serei Oudom, whose body was found axed to death in the back of a car last week. The suspects, An Bunheng and his wife, ...

The price of rubber jumped to $2,500 per tonne last week after months of the commodity steadily dropping, industry analysts reported. The jump of $100 a tonne, or 4.2 per cent, comes after the price for rubber dropped in June from above $3,000 per tonne, according ...

Citibank, one of the largest banks in the United States and the World, is seeking for investment opportunities in Cambodia, a bank senior official said Tuesday. During a meeting with Cambodian Deputy Prime Minister and Finance Minister Cambodian Keat Chhon on Tuesday afternoon, Darren Buckley, country ...

Profits at Cambodia’s largest banks continued to grow through the first nine months of the year as loan disbursals across the sector increased by about 30 percent compared to the same period in 2011, bankers said yesterday. Acleda Bank, the largest bank in the country, this week posted ...

Japanese Investment In Cambodia is steadily IncreasIng as a result of sharply risIng wages In ChIna and other Southeast Asian nations. But experts warned this week that for sustaIned Investment growth and to avoid drivIng Japanese companies to other attractive Investment destInations such as Burma ...

An official at the Ministry of industry, Mines and Energy expressed concern that if the quality of Cambodian produced goods does not improve, Cambodia is likely to become largely a retailer of foreign goods when the ASEAN Economic Community (AEC) is realised in 2015. Meng Saktheara, ...

Cambodia on Thursday inaugurated a 133-km China-funded national road No. 8 in Prey Veng province, hoping that the road will contribute to promoting social and economic development in the country’s eastern part. The road, which connects from Prek Tamak Mekong River Bridge to Vietnam border, cost ...

Despite the fact that the Chairman’s Statement of the recently wrapped 21st ASEAN Summit welcomed progress on regional “connectivity”, a long-awaited joint visa for Thailand and Cambodia remains stalled. Koy Kuong, spokesman at the Ministry of Foreign Affairs said yesterday that there is still no progress ...

The Cambodian National Rescue Party is making a strategic shift in its bid to win the next election: focusing less on traditional hot-button issues like government corruption and territorial disputes, and instead offering voters a series of concrete new policy initiatives. This required clear and ...

A mining company listed on the Australian Securities Exchange has announced a plan to pay $14 million for a license to explore for copper in Preah Vihear province, in a deal involving local conglomerate Royal Group. in an announcement to the bourse last Thurday, Geopacific Resource ...

The Arbitration Council heard about 230 collective labor disputes in the garment and footwear industry involving approximately 98,000 workers in 2012, a 38 percent increase from 2011, which saw 161 cases handled, according to the council. Y Samphy, training and communications manager for the council’s Arbitration ...

More than 700 workers from the International Royal Fashion garment factory, In Phnom Penh’s Dangkor district, blocked the Veng Sreng road yesterday for about four hours to show their dissatisfaction with their employer’s failure to respond to their demands. An International Royal Fashion official, ...

Oil prices in Cambodia hit the highest of all time on Friday, with a liter of premium gasoline going for 1.45 U.S. dollars at all petrol stations in the capital. The price is the highest ever if compared with the peak price of 1.41 U.S. dollars ...

Economic land concessions remain a major concern, with more than 230 people arrested in 2012, an increase of more than 150 percent from the year before, according to an annual report by the rights group Adhoc. That means land conflicts have increased, Thun Saray, president ...

The number of subscribers to the mobile operator Beeline plummeted by more than 400,000 in the fourth quarter of last year—the single-largest drop for the carrier since it entered the Cambodian market in mid-2009—while the average revenue per user (ARPU) increased slightly, the company’s quarterly ...

Two strikes have broken out at large processing companies in the past week as employers respond to the government’s minimum wage policy with what workers say are cutbacks in conditions. Almost all the 800 Cambodian workers who staged industrial action at a seafood company in Songkhla ...

The price increase for Phnom Penh Water Supply Authority shares maxed out after an hour of trading yesterday morning, the second day of operations on the Cambodia Securities Exchange. PPWSA closed up 4.84 per cent yesterday at 9,750 riel (US$2.44), climbing from 9,300 the day before, ...

The government, this year, intends to transfer it’s budget to individual town district authorities, and to vouchsafe into their hands from 2013 onward, aiming to push forward decentralization, said an interior ministry official. The budget, of on average US$ 35,000 per year, is in process of being transferred to the individual 193 town-district authorities across ...

Security forces in Cambodia have shot dead a 15-year-old girl who was taking part in a land protest. She was demonstrating against the development of a rubber plantation on farmland in eastern Kratie province. Authorities say local residents, armed with axes and crossbows, would not vacate the ...