The slump in global markets has depressed demand for Cambodian products, leading to reduced growth forecasts by the Asian Development Bank (ADB) for 2012 and 2013. “Falling global demand, especially in Europe and the US, means that the industry sector will grow at a slower pace ...

More investment is needed as well as additional assistance for farmers if the government wants to meet its export goal of 1 million tons of rice a year by 2015, according to experts at a recent rice sector meeting in Phnom Penh. Participants said rice millers would need substantial access ...

A draft law on the financing of a controversial dam project in Stung Treng province obtained yesterday shows that about $38 million will be spent on the resettlement of almost 800 families. This marks a significant decrease from the more than 1,000 families the companies ...

As the region’s top brass gathered in Phnom Penh for the Sixth Asean Defense Ministers Meeting, it was Beijing that once again stole the show with Chinese Defense Minister Liang Guanglie signing off on nearly $19 million in military aid to Cambodia. In the country on ...

Two months after government security forces evicted hundreds of families from Kratie’s Broma village at gunpoint, residents who were permitted to remain there took their first steps toward legal land tenure. Scores of volunteers last week began to collect data of families in Chhlong and Snuol ...

A lack of economic diversity, faith in the banking sector and slow growth in vocational training and education topped the list of concerns among economists and investors yesterday at a meeting organized by the Asian Development Bank (ADB) and the government. According to data released ...

Two men from Kratie province who were removed from a vehicle on Tuesday while traveling to Phnom Penh to demonstrate at Prime Minister Hun Sen’s house over a land dispute, have been arrested by internal security police and charged with fraud, an official said yesterday. Sless ...

PTT Plc, the national energy conglomerate, is moving forward with plans to establish a retail oil business in Myanmar by working with a local partner Currently, oil consumption per head in the neighbouring country is very low at 38 litres annually, compared to 140 litres in ...

Strong exports, increasing numbers of tourists and a recovering real estate sector are driving strong economic growth this year, but the gross domestic product outlook could still be offset by an unstable global economy, weak demand from the West and an overheating banking sector, the International ...

The Cambodian government has developed six prakases related to a controversial sub-decree that regulates the recruitment of migrant workers, but it cannot yet release the details, a Labor Ministry official said yesterday. On the sidelines of an ASEAN meeting in Siem Reap aimed at curtailing migrant worker abuses, Seng Sakada, ...

Land governance policies in Asia, especially concessions made to private companies, are leaving the region’s poorest vulnerable to human rights abuses, experts say. “Land-grabbing by the rich and powerful continues,” Suson Bunsak, executive secretary of the Cambodian Human Rights Action Committee, said at the recent Asia ...

The Asian Development Bank (ADB) on Tuesday unveiled its new three-year assistance plan of 525 million U.S. dollars to Cambodia in order to help the country reduce poverty, promote growth and mitigate climate change, the bank said. The plan for 2013-2015 marked the bank’s strategic focus ...

One hot day in June, 2009, Ven Samin, a member of the ethnic Suoy minority in Kampong Speu province, grabbed her digital camera and headed out of the house. The 44-year-old arrived at a collection of damaged rice paddies in Oral district and began taking photos. ...

Cambodia on Tuesday inaugurated a new container terminal of the Phnom Penh Autonomous Port, turning the port as a large hub for logistics supply and goods collection and distribution. The inauguration ceremony was presided over by Cambodian Prime Minister Hun Sen and Chinese Ambassador to Cambodia ...

The Council of Ministers has revealed that its new Airbus A320, meant for shuttling Prime Minister Hun Sen and a select few others around the world, is being leased from China Southern Airlines but refrained from disclosing how much the deal was worth. Last month, CPP ...

Dozens of police in search of two Kratie province “secessionist ringleaders” surrounded the homes of two of their relatives in Kompong Cham province for nearly 12 hours yesterday while threatening those inside, a relative of the two men said. The alleged secessionist movement has been used ...

The Malaysian company that operates the KFC fast food restaurants in Cambodia has announced the venture made losses of more than a quarter of a million dollars in the first three months of this year. In its first-quarter report to the Malaysian stock exchange, QSR Brands ...

A Cambodian maid who recently returned home from work in Malaysia fell ill and died over the weekend, highlighting ongoing concerns over the treatment of impoverished Southeast Asian women who seek work abroad but are often abused by their employers. Kuy Lyda, 17, died at a ...

Prime Minister Hun Sen yesterday marked National Fish Day by urging the public to report anyone fishing inside the Tonle Sap conservation area he established earlier this year to help protect and revive the lake’s vital fish stocks. “People have to dare to stand up and ...

Despite being downgraded by Moody’s just over two months ago, profits at Cambodian Public Bank (Campu) and Acleda Bank—two of the largest banks in the country—increased by about 50 percent during the first half of the year, according to figures provided by the banks yesterday. In ...