PHNOM PENH: There are about a hundred Singapore-owned businesses in Cambodia, mainly located in the capital, Phnom Penh. Many, who set up shop there, feel the numbers have stayed low because there is a perception that the country is not safe. In 2011, Singapore invested close ...

Cambodia achieved a GDP growth rate of 7.3 percent last year, Prime Minister Hun Sen said Wednesday, forecasting that the growth would be higher than 7 percent this year. Addressing a conference on 2013 Cambodia Outlook, he said the growth last year came from strong growth ...

The Svay Rieng Provincial Court on Friday questioned three female factory workers who were shot, allegedly by Bavet City Governor Chhouk Bundith, during a protest inside a special economic zone (SEZ) in February, the plaintiffs said. More than 20 union leaders and labor activists also gathered ...

Malaysia-based telecommunications firm Axiata Group said yesterday that revenues at its Hello mobile phone operator in Cambodia grew by 27.3 percent to $2.21 million at the end of the first quarter, compared to the same period in 2011. ...

The Kratie Provincial Court yesterday issued a search warrant for the home of Chum Vuthy, a man who allegedly trades in luxury wood, in Kratie City, provincial police said. Mr. Vuthy had been transporting a load of illegal lumber from Stung Treng City to Vietnam and ...

“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 ...

HCM City plans further cooperation with Cambodia in all areas, including trade, healthcare, agriculture, and education and training, according to Le Hoang Quan, chairman of the city’s People’s Committee. The project to build the Cho Ray – Phnom Penh Hospital, with a capacity of 500 ...

U.S. fast-food chain Burger King said yesterday that no one holds the rights to open a branch of its restaurant in Cambodia, despite job advertisements appearing online featuring the company’s logo. . “Currently, we do not have any established franchisee in Cambodia,” Tan Ching Ee, marketing ...

Two global life insurers are opening offices in Cambodia, one of Southeast Asia’s few untapped insurance markets, as they strengthen their foothold in a region that could eventually be a key driver of revenue growth. Britain’s No. 1 insurer Prudential said on Monday it won in-principle ...

China yesterday pledged to provide medical experts and funding to assist the investigation and clinical management of a virus that has killed more than 60 Cambodian children. Eang Sophalleth, personal spokesman for Prime Minister Hun Sen, told reporters the pledge had been made during a meeting ...

Siem Reap City – With a host of uncertainties still hanging over the U.S. economy, more than 100 American businesses—the largest delegation to ever visit Cambodia—gathered here over the weekend, and all of them were in agreement about one thing: The slowdown in the U.S. ...

In a letter to mark the world population day, Prime Minister Hun Sen on Thursday said: “Cambodian population will grow to 18 million in 2030 and 21 million in 2050. Currently Cambodian people are in 1.5 per cent birth rate per year and on average a Cambodian woman delivered 3 babies ...

The number of new businesses registered in Cambodia through the first six months of 2012 reached 1,694, an increase of 10.86 percent compared to the same period last year, according to figures released on Tuesday by the Ministry of Commerce. ...

Children played along the banks of Phnom Penh’s Chroy Changva peninsula yesterday, while their parents napped under the shade of their bright yellow and blue boat homes. But members of this Cham fishing community overlooking Phnom Penh’s city space said it was a very different scene on ...

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 ...

Work has resumed on a controversial $3.5 billion dam across the Mekong River in Laos, its Thai developer said on Thursday, contradicting Laotian assurances it had been suspended following protests over its environmental impact. Laos agreed in December to suspend the Xayaburi dam project and said ...

The 20-year jail sentence for independent radio station owner Mam Sonando made headlines around the world yesterday, but coverage of Mr. Sonando’s case was markedly different in local Khmer-language media yesterday, particularly national TV where not a mention was made. While the three major Khmer-language newspapers- ...

The U.N. General Assembly’s vote for the Asia-Pacific non-permanent seat on the Security Council went to the wire yesterday night, as a second ballot had to be held when none of the contenders, Cambodia, South Korea and Buthan, won a clear two-thirds majority. After the ...

THE ten-member Association of South-East Asian Nations (ASEAN) is used to fending off “interference” by the West in the internal affairs of some of its members. In recent years the human-rights record of the regime in Myanmar has been the tenderest of these sore spots. ...

The Asian Development Bank (ADB) is marking 20 years of operations in Cambodia with the release of a book today celebrating its achievements in the Kingdom. The 67-member ADB says that over 20 years it has given Cambodia $1.8 billion in loans, grants and technical assistance. ...