Cambodian company Soma Group has signed a joint-venture agreement with Thai-based CP Intertrade to build and operate a $20 million rice mill that will process fragrant rice for export. Industry insiders say the mill will increase Cambodia’s rice export capacity and boost the Kingdom’s ability to ...

Arrivals at the Kingdom’s two main international airports rose more than 20 per cent year on year in the first quarter of 2013, according to data from Cambodia Airports. Officials said the rise reflects the normalisation of the world economy and the country’s political stability. According ...

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Premium revenues across Cambodia’s insurance industry are expected to increase 20 per cent year-on-year in 2011, Mey Vann, director of the Department of Industry and Finance at the Ministry of Economy and Finance, predicted yesterday. The Kingdom’s six insurance firms are set to accrue a total ...

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A Cambodian court has jailed a 71-year-old broadcaster and land rights campaigner for 20 years after finding him guilty of leading an anti-state rebellion, a verdict condemned by activists as the latest crackdown on human rights. Three judges at the Phnom Penh court convicted Sonando, who ...

Only about 5 percent of the roughly 2,000 major development projects, such as dams, roads and bridges, approved by the government between 2004 and 2011 carried out environmental impact assessments, an official at the ministry of Environment said yesterday. Speaking at a workshop in Phnom Penh ...

The Global Fund to Fight AIDS, Tuberculosis and Malaria is withholding nearly $20 million originally granted to fight malaria in Cambodia because of the government’s poor use of past Fund dollars. The government blames its poor showing on the Fund’s time-consuming procurement procedures. The Fund awarded the ...

PRASAC Microfinance Institution, celebrating its eighteenth anniversary this year in the Cambodia microfinance market, has increased its registered capital from 15-4 billion riel to 80 billion riel. The increase of the share capital has been authorized by the National Bank of Cambodia and the company is now amending its Articles of Incorporation. PRASAC’s share capital is ...

Cambodian consumer spending on major domestic appliances such as air conditioners, refrigerators, washing machines and microwave ovens, saw a roughly 22 per cent year-on-year increase over the first six months of 2013, according to Germany-based research institute GfK. The rise comes alongside a 20 per cent ...

PHNOM PENH, Sept. 26 (Xinhua) — Floods have killed at least 20 Cambodian people, including 11 children in the last two weeks, a disaster control official said Thursday. Keo Vy, chief of the Cabinet of the National Committee for Disaster Management (NCDM), said nearly 5,000 families ...

The Education Ministry on Monday said it was in line for a near 20 percent hike from the government’s $3.52 billion draft budget for 2014, approved by Prime Minister Hun Sen’s Cabinet on Friday, though other details of how money was to be allocated remained ...

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Before the big dinner with Hillary Clinton, Prime Minister Hun Sen and the leaders of Thailand and Myanmar on July 13 in Siem Reap, Tom Whitcraft of RMA Group, which owns the Ford dealership in Cambodia, sat down for an interview. Whitcraft said Ford has about ...

The Forestry Administration’s proposal to create a conservation zone for Prey Long, one of Cambodia’s largest remaining primary forests, has been scaled down by more than 20 percent and now covers about 480,000 hectares, an official said. During consultation workshops in Phnom Penh last month, the ...

Arrivals at Cambodia’s two biggest airports increased by about 20 percent year-on-year in the first quarter of 2012, according to Cambodia Airports. Industry insiders said economic progress in the region coupled with increased flights added to the passenger count at Phnom Penh International Airport and Siem ...