សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម

This small Southeast Asian country was supposed to become a model for the world apparel industry, with tough factory monitoring and strong worker protections. But a dozen years after the United Nations’ International Labour Organization launched a program to manage Cambodia’s booming garment trade—the first of ...

Mizuho Bank, one of Japan’s largest banks, opened a representative office here Monday thanks to increasing interest in Cambodia by Japanese investors, a bank official said. To date, Cambodia has five foreign banks’ representative offices, 34 commercial banks, seven specialized banks and 37 microfinance institutions, ...

Cambodia’s Angkor Wat temples, one of the world heritage sites, generated an annual revenue of 30 million U.S. dollars from ticket sales, Deputy Prime Minister and Cabinet Minister Sok An said Sunday. Last year, the temples attracted 2.06 million foreigners, up 28 percent year-on-year, he ...

As trade activity between Cambodia and China intensifies, banks are seeing an increase in deals transacted in yuan, the Chinese currency. Operating in Cambodia since 2010, Bank of China’s Phnom Penh Branch has been trying to promote business transactions in yuan, and has seen a significant ...

Japanese sports brand ASICS has agreed to pay compensation to the families of victims who died in a factory collapse in May, a brand representative said. ASICS Corporation managing executive officer Ron Pietersen, who arrived in Phnom Penh on Friday, said the company profoundly regretted the ...

A fire sparked by an electrical fault ripped through the Doeum Kralanh market in Siem Reap City early Friday morning destroying 200 stalls and causing more than $1 million in damage, according to market traders and police officials. The 8,000-square-meter market in Kokchak commune housed a ...

A new Malaysian player in Cambodia’s expanding banking sector aims to capture the “emerging affluent” with its mobile and online services. Malaysian-based Hong Leong Bank will begin operating in Phnom Penh today, with a branch on Street 214. Joe Farrugia, CEO of Hong Leong Bank Cambodia, ...

The government of Brunei on Saturday signed a one-year contract to purchase 3,000 tons of jasmine or fragrant rice from Cambodia, the first such deal reached by the two Asian nations. The deal was inked between Pg Haji Mohd Noordin B PLP Pg Haji Mohd Said, ...

About 30 former residents of the Boeng Kak community submitted a petition on Friday morning to the World Bank office and several embassies in Phnom Penh, calling for a halt to all funding for longtime anti-eviction protesters from the Boeng Kak area. The Boeng Kak counter-protesters ...

Hong Leong Bank Bhd’s (HLB) subsidiary Hong Leong Bank (Cambodia) PLC (HLBC) has clinched a banking licence for its operations in the country from the National Bank of Cambodia (NBC). HLBC, a commercial bank with a capital of RM119.25mil, would begin operations on July 8, the ...

Cambodia was host to a two-day information and communication technology conference and expo held by the The National ICT Association of Malaysia on Friday. By 2012, 19.1 million SIM cards for mobile phones have been sold while on the internet side, around 2.7 million people ...

The government has called on private sector partnership for investment in Cambodia’s infrastructure; a move officials say will help funnel more foreign funds into the country. Speaking at a seminar on Public Private Partnership (PPP), the Minister of Commerce, Cham Prasidh, conceded that help was needed ...

Cambodia saw a one per cent rise in inflation in April compared with the same month last year, according to the latest data from the National Institute of Statistics (NIS). Sim Ly, an official at the NIS said there was a slight increase in food and ...

Trade volume between Cambodia and China was valued at $1.79 billion in the first four months this year, a 42 per cent increase compared to the  same period last year, according to the Chinese embassy in Cambodia. In 2012, bilateral trade between the countries reached about ...

As much as $16 billion of investment is needed in Cambodia over the next decade if the country’s infrastructure is to keep up with the pace of economic growth, ac­cording to a regional think tank. At a seminar in Phnom Penh on Thuesday, Jakarta-based Economic Research ...

Lawmakers in the U.S. and human rights activists are pushing for cuts of more than $70 million in aid to Cambodia if Prime Minister Hun Sen wins the July 28 elections. Many factors have pushed the U.S. to this point be it unfair and unjust, such ...

Thanks to a more stable and undisturbed supply chain, sales of new cars in Cambodia have risen dramatically over the first six months of this year compared with the same period in 2012. But the purchases pale in comparison to the country’s thriving second-hand market. Kong ...

Direct private chartered flights from different parts of China to Cambodia are booming as the number of Chinese tourists visiting the Kingdom is mounting, industry insiders told the Post yesterday. As early as July 10, a chartered flight will launch from Wuhan, the largest city in ...

Japanese automobile giant Toyota is set to increase its presence in Cambodia with a second sales showroom, according to a company manager. The move follows fellow Japanese automaker Mazda, which opened a new showroom in May. According to a report from newswire Bloomberg, Toyota executive vice president ...

Mobile phone operator qb has shuttered “a number” of retail showrooms in an effort to improve its business in Cambodia’s oversaturated telecommunications market, the company confirmed Wednesday. And former employees have also revealed the telecom—which is operated by Cambodia Advance Communications Ltd. (CAC)—has lost nearly half ...

Chea Kea, owner of the Daimond Crown casino on the border with Thailand in Pailin province, is investing in a $4 million feed processing warehouse that will also be used to store commodities and house farm animals. Construction on the warehouse, which is expected to ...

As tensions subside between Thailand and Cambodia over the 11th-century Preah Vihear temple, site officials are welcoming a steady increase of international tourists. At 5,240, foreign visits are up 56 per cent in the first six months of the year, compared to the same period ...

Russian sailor Andrey Mantula plans to build what he is calling Cambodia’s first marina off the beaches of Preah Sihanouk province. Mantula, who has lived in Cambodia for one year, is heading up the project. He expects construction to start on October 1 of this year. ...

Gold prices in Phnom Penh have plummeted by almost a quarter in the past six months as international prices dropped, sparking a rush on buying gold locally, traders said Tuesday. Gold was selling at $1,540 per damlung (26.67 damlung is equal to 1 kg of gold) ...