Korean investors are relocating labour-intensive businesses to countries such as Cambodia after Indonesia raised its minimum wage. A number of Korean investors had closed their Indonesian factories and relocated to other countries in the region because their requests for minimum-wage exemption had been refused, The Jakarta ...

The Kratie Provincial Court has released on bail five of the eight people charged after a military-style operation by security forces on a small village alleged to be the home of a secessionist movement, a court official said yesterday. On May 16, a 14-year-old girl was ...

An EU scheme to boost trade with developing nations is fuelling land grabs in Cambodia, activists say, with thousands evicted from their property to make way for a booming sugar industry. Campaigners are taking their fight to European supermarkets, encouraging a boycott of Cambodian sugar, which ...

The owner of Cambodia Yellow Pages has agreed in principle to sell a 51 percent stake to the subsidiary of Malaysian technology firm CBSA Bhd. in a deal worth $2.04 million, an official at the company said Monday. According to a disclosure last week from CBSA ...

The Philippines has summoned Cambodia’s ambassador over comments linked to Manila’s territorial row with Beijing. Hos Sereythonh was asked to explain remarks accusing the Philippines and Vietnam of playing “dirty politics” over the issue of Asean and the South China Sea. [H]e did not turn up on ...

“Cambodia’s economic growth will stand about 7 per cent this year,” director general of National Bank of Cambodia His Excellency Chea Chanto said. He adds: “Cambodia is trying to diversify its economies to boost the growth.” at the same time, the report from World Bank said: ...

Anti-eviction activists from Phnom Penh’s Boeng Kak and Borei Keila neighborhoods, dressed as white doves, protested yesterday in front of the Council for the Development of Cambodia, where the country’s donors were meeting with top government officials to discuss the country’s reform targets. Donning paper helmets ...

Villagers accused of incitement in a long-running land dispute with a company owned by the wife of a government minister did not show up for scheduled questioning yesterday at the Kompong Chhnang Provincial Court, officials said. On September 17, KDC Development company, owned by Chea Kheng, the wife of Minister of Industry, ...

An assistant to former US president Bill Clinton said Cambodia has many potential areas for foreign direct investment (FDI) from many countries, including the US. Karen Tramontano, founder, along with Clinton, and president of the Global Fairness Initiative and CEO at Blue Star Strategies, met with ...

After delaying mass production of the Angkor Car because of technical difficulties with starting the engine and opening the doors, Heng Development Co. Ltd. on Monday unveiled a new model and said it had severed ties with the Hong Kong-based firm responsible for the original ...

A 3-day Cambodia-Real Estate Exhibition 2013 kicked off [in Phnom Penh] on Monday as the country’s construction sector is rapidly growing in the last couple of years. The event, held at the Diamond Island Exhibition Center, brought together 68 exhibitors who are real estate developers, real ...

The Phnom Penh Municipal Court has overturned two injunctions filed against bankrupt mobile operator Mfone, saying the decision will help the court-appointed administrator in charge of Mfone’s assets pay back creditors the money they are owed. The court issued Eltek’s injunction in October and Huawei’s ...

After the listing of Taiwanese-owned garment company Grand Twins International (Cambodia) Plc on the Kingdom’s stock exchange was delayed indefinitely, its underwriter said yesterday that the firm hopes to list before the national elections in late July. According to the underwriter, Phnom Penh Securities (PPS) Plc, ...

The world’s poorest nations have won an eight-year extension of a waiver on intellectual property rules at a session of the World Trade Organisation’s TRIPS Council. A session of the 159-nation WTO’s TRIPS (trade-related aspects of intellectual property rights) Council has ruled the waiver for 34 ...

Dozens of families at Borei Keila have moved back on to land they were evicted from last year, despite intimidation and threats of arrest by security forces employed by developer Phan Imex. Earlier this month, security guards tore down the shelters of 12 families who had ...

France said it plans to boost its exports to Cambodia as French foreign direct investment in the country – worth $3.18 million in 2012 – continues to rise, officials said on Wednesday. Among this year’s investments, concessions and construction company group Vinci, the largest building ...

Cambodian milled rice exports are gradually lessening their dependency on a single market by expanding their shipping destination in Asia, a sign insiders say is good news for the industry. Kim Savuth, president of the Federation of Cambodian Rice Exporters, told the Post yesterday that milled ...

More than 100 former employees of bankrupt mobile phone operator Mfone traveled from three provinces yesterday to protest outside the firm’s shuttered office on Phnom Penh’s Monivong Boulevard demanding their severance pay. Sok Samphorn, an engineer who was employed by Mfone, said employees from Phnom Penh, ...

The foreign ministers of Thailand and Cambodia signed a memorandum of understanding in Phnom Penh yesterday reconfirming their commitment to developing their joint border with new economic zones, checkpoints and a 1,800-MW power plant. “We have agreed to create four international checkpoints to improve trade ...

Cambodia’s Ministry of Tourism has revised tourist travel arrivals from 3.8 million to 4.2 million by year-end. Tourism Minister Thong Khon told local media, earlier this week, that the adjustment was based on a January to April’s performance with 1.5 million trips. “Earlier, we forecast 3.8 million, ...