The number of visitors arriving in Cambodia in the first six months of this year has increased 13.4 percent to 1,385,029, compared to the same period in 2010, Kong Sophearak, director of the statistics department at the Ministry of Tourism, said yesterday. The largest influx ...

Documents obtained by The Post have shed new light on the scale of Chinese investment connected with the controversial Boeung Kak lake real estate project. The US$98 million project in northern Phnom Penh is the smallest of Mongolia Erdos Hongjun Holding Group’s planned investments in ...

A proposed increase in the reserve requirement would decrease lending and slow Cambodia’s economic growth, according to some bankers and experts.  The National Bank of Cambodia is set to hold a meeting later this month discussing a possible raise of the reserve requirement from 12 ...

Improved transportation links will assist further economic growth in the region, as Cambodia’s economy continues to improve, officials said yesterday.  Ministers from Cambodia as well as China, Laos, Vietnam, Thailand and Myanmar met yesterday at the 17th Greater Mekong Subregion Ministerial Conference held in Phnom ...

The Ministry of Planning yesterday released the preliminary results of the 2011 economic census, which found that Cambodia has a total of 503,008 businesses nationwide, of which nearly 20 percent are based in Phnom Penh. The census, which began on March 1 and was financed ...

Excavators flattened eight houses and shops at the north end of Phnom Penh’s Boeng Kak lake on Friday as baton-wielding riot police pushed back distraught residents and badly beat one protestor who was among hundreds of locals who rallied against the latest round of demolitions. The ...

The company constructing a dam in Koh Kong province, where seven workers were swept away in floodwaters earlier this month, has paid US$1,000 to the families of each of the men for funeral expenses, but is denying responsibility for the incident, an official said yesterday. Sok ...

Moody’s Investment Services yesterday announced a change in outlook for Cambodian Public Bank to “negative” from “stable”, citing increasing risks in the Kingdom’s banking system and exposure to slow-downs in Western markets. While CamPu Bank country head Phan Ying Tong said yesterday the company’s financial position ...

About 100 residents of Phnom Penh’s Borei Keila community embroiled in a long-running land dispute with the powerful construction firm Phanimex filed a complaint at the Prampi Makara district offices on Friday, seeking the intervention of Phnom Penh governor Kep Chuktema and demanding that the ...

In one of Phnom Penh’s biggest land deals to date, Japanese shopping mall developer Aeon Mall Co Ltd has bought 6.7 hectares of prime real estate from South Korea’s GS Engineering & Construction, a firm that was once slated to build the tallest building in ...

A ninth telecoms operator would enter the Cambodian market next year, officials said yesterday, surprising insiders who claimed the sector was already overcrowded. Camintel, a joint Cambodian state- and Korean-owned company, would offer mobile services in 2012, CEO Kang Namkook said yesterday at a telecommunications conference ...

For the third time this week, Boeng Kak residents protested on Friday over claims that their land rights have been violated. More than 50 residents gathered outside the Srah Chak commune office to complain that a sub-decree issued by Prime Minister Hun Sen in August, ...

Cambodia aimed to become one of the region’s main rubber producers over the next few years despite the industry’s low international recognition, officials said during the second Global Rubber Conference, held in Phnom Penh on Friday. To that end, the Kingdom had encouraged companies and investors ...

Finance Minister Keat Chhon joined officials of the Cambodia Securities Exchange (CSX) yesterday to conduct another day of mock trading of stocks ahead of the still-unknown launch of actual operations at the bourse, which opened in July but has yet to see a single stock ...

The Interior Ministry said yesterday that it has sent the results of an investigation into last weeks’s triple shooting of protesters at a special economic zone (SEZ) in Svay Rieng province to the provincial court there. Ministry spokesman Lieutenant General Khieu Sopheak did not reveal any ...

China will continue to help Cambodia with its infrastructure and raise living standard of its people, said Pan Guangxue, Chinese ambassador to Cambodia here Monday. Speaking at the inauguration ceremony of Cambodia’s 57 national road Battambang-Pailing section in Battambang, Pan said “The completion of the road ...

Though less well-known than Kampot pepper, the price of Kompong Cham province pepper has increased by 44 percent from last year and is developing a following in Thailand, farmers and vendors said. With a total of 906 hectares of land dedicated to cultivating pepper in Kompong ...

A shortage of workers, particularly those with skills, is the biggest threat to economic growth in Cambodia today, Sok Chenda, secretary general of the Council for the Development of Cambodia (CDC), said yesterday. Speaking at the Greater Mekong Subregion Investment Policy Forum organized by the Organization ...

Rights groups pushed for increased employment of disabled Cambodians and the ratification of a UN convention on their rights at the launch of the ASEAN Disability Forum yesterday. Ngin Saorath, executive director of the Cambodian Disabled People’s Organisation, said groups will draft a declaration over the ...

The Philippines thrust the South China Sea dispute to the forefront of the ASEAN Foreign Ministers’ Meeting yesterday, causing the topic to dominate discussions. Myanmar by-elections and North Korea also featured prominently on the eve of today’s ASEAN summit, overshadowing the foreign ministers’ planned focus on ...