At first glance, the numbers indicate Cambodia’s investment climate has grown a little colder. Conditions appear to be worse than they were a year ago due to a big drop in total fixed assets for approved investment projects. However, economists say the Cambodia outlook is actually ...

Property prices in Phnom Penh increased by about 15 percent at the end of June compared to the same period in 2011 , according to data released yesterday by local realty firm Asia Real Estate Cambodia (ARC). The average price of commercial property in Phnom Penh ...

Almost five months after the launch of the Credit Bureau Cambodia (CBC), experts agree that it has given financial institutions valuable new access to information about creditworthiness of potential borrowers, improving efficiency and loan quality. At the same time, there are still a few rough ...

Rulling party Senator Ly Yong Phat’s Phnom Penh Sugar Company announced yesterday that it had amended its hiring policy to forbid contractors from employing children, while at the same time, opposition parliamentarian Mu Sochua made public her plans to visit the company to investigate its ...

Cambodia is still a way off implementing World Trade Organization (WTO) rules on intellectual property rights, despite a deadline to do so in just over a month. At the end of June, the group of the world’s 49 least developed countries (LDCs), including Cambodia, run out ...

Diners may soon be able to leave their wallets at home the next time they decide to eat at a restaurant in Phnom Penh. Starting next week, WING, a Cambodian mobile payment service provider, will introduce a new service that allows people to pay their restaurant ...

Following global supply growth and falling prices, Cambodian rubber has decreased in value over the past three months, according to industry experts. Men Sopheak, deputy director-general of the Chop Rubber Plantation, a major rubber exporter in Cambodia, said yesterday that the price of dried [natural] rubber ...

Lawmakers from the European Union (E.U) are again urging the block’s trade commissioner to investigate Cambodia’s Economic Land Concessions (ELCs) over a raft of alleged rights abuses and consider revoking the duty free access their owners currently enjoy to member states. Going mostly to industrial ...

Executives at some of the telecommunication firms indebted to bankrupt mobile operator Mfone said Thursday they owe much less than claimed by the company, and will negotiate with Mfone’s administrator to find a resolution before a complaint is filed in court. “We do owe Mfone money, ...

More than 100 police and security guards, including  riot squad members, were deployed to the capital’s Boeung Kak lake community yesterday to block a protest that, at times, involved only three shouting women. About 50 members of the Boeung Kak community tried to march from Village ...

Prime Minister Hun Sen on Saturday rebuked the opposition for urging foreign donors to refrain from signing any new agreements with the government until after the election and boasted of a new $26 million handed over last week by the European Union (E.U.) E.U. Ambassador ...

Breaking into a medium almost universally controlled by the ruling party, acting opposition president Kem Sokha squared off yesterday against rival legislators during the filming of what may well have been Cambodia’s first televised national election debate. The debate at the state-run TVK studios, which featured ...

Caffe Bene, South Korea’s second-largest coffee chain, on Tuesday announced plans to open in Cambodia, according to a Korean media report. But while its entrance adds one more competitor to the more than half-a-dozen coffee chains already in the country, local franchises said the market is ...

Flooding is a perennial pain in Cambodia, the low-lying, deeply impoverished nation squeezed between Thailand and Vietnam. About this time each year, rivers swell, lakes expand and villages sink beneath soupy brown waters. But this year’s flooding woes are proving particularly miserable. More than 100 are dead, ...

While the Cambodia National Rescue Party’s continued push for an investigation into election irregularities may at times feel quixotic, the fact that the opposition was able to hold a peaceful march yesterday without incident represents a perhaps equally significant victory for freedom of assembly. The Ministry ...

At 5am, without any alarm clock going off, a dozen Cambodian maids wake up with near-military precision. Over the next hour, the women sweep, wash and scrub spotless their two-storey training centre in the Cambodian capital Phnom Penh. They all want to be maids in Singapore, eager ...

Hung Hiep (Cambodia) Co., the only company in Cambodia licensed to import Mercedes-Benz luxury vehicles, said Monday it would no longer make repairs to new lines of Mercedes vehicles that are smuggled into the country. Company officials said the move is to reduce scams and repair ...

Not even the imminent threat of war could quell tourists’ appetite for historical sites – at least at Cambodia’s Preah Vihear temple, which was the subject of a highly contentious ruling at the International Court of Justice yesterday. While government figures show that local tourism to ...

Traffic police across the country have still not resumed enforcing traffic laws after a pre-election enforcement moratorium that was meant to last just a few weeks ahead of the July 28 poll, according to government and U.N. officials. “The superiors ordered [police] to stop, for a ...

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