ព័ត៌មាន​

Investment in Cambodia from overseas surged by at least 44 percent last year, according to an estimate from the central bank, despite figures suggesting a reduction in the overall flow of foreign currency into Southeast Asian economies. Nguon Sokha, director-general of the National Bank of Cambodia, ...

Oil prices in Cambodia hit the highest of all time on Friday, with a liter of premium gasoline going for 1.45 U.S. dollars at all petrol stations in the capital. The price is the highest ever if compared with the peak price of 1.41 U.S. dollars ...

A pair of cigarette brands distributed by two of the Kingdom’s most prominent businessmen are being smuggled from Cambodia to Vietnam at an estimated rate of more than 300 million packs a year, contributing to tobacco manufacturer losses of nearly $200 million annually, according to ...

Nean Narin, a humble man and father of three children, says his family is going hungry. Narin lives in the village of Boeung Kak, situated on the edge of Cambodia’s capital, Phnom Penh. For years, he and other villagers relied on the Boeung Kak Lake ...

Thai-based movie theatre company Major Cineplex said it will build “a high-end lifestyle and entertainment complex” at the Aeon mall in Phnom Penh, hoping to capture Cambodia’s youth market in what it believes is a stable business environment for its entertainment products. While it sees prospects in ...

Private residential property in Cambodia is being seen by some investors as relatively cheap, with potential for attractive returns. Industry players believe these factors are the main draw for foreign buyers, looking to grow their money in Cambodia. Keuk Narin, vice president of Asia Real Estate Cambodia ...

Asia Forestry Management, an integrated plantation-management company with a focus on cultivating Aquilaria crassna, aims to become Thailand’s biggest producer of oud oil this year and Southeast Asia’s in five years. The company’s plant in Trat province will be expanded to produce 280 kilograms of ...

Thai telecommunications network provider United Information Highway (UIH) and Cambodian internet service provider EZECOM said they established an interconnect agreement last month to offer improved service to customers conducting business with neighbouring countries. “We have UIH as a partner for our connection to Thailand; the connection ...

While the ministries of health and agriculture are taking measures to stem the spread of avian influenza – which claimed its fifth victim in just three weeks on Thursday – a lack of compensation for poultry owners affected by culling is limiting their effectiveness, officials ...

Market competition resulting from costly domestic rice remains a key factor driving Thai exporters to seek openings in neighbouring countries where the rice trade is more prosperous. Exporters say their performance was weak last year, mirroring the country’s overall decline in rice exports, which plunged ...

Cambodia is considered “the most promising country” in the ASEAN community where Thai business entrepreneurs could set up trade and investment projects, according to a noted Thai academic and economist. Roongrote Benjamasuthin, director of the University of Thai Chamber of Commerce’s ASEAN Business & Economic Center, ...

The head of the government department in charge of railways made a dramatic about-face yesterday, saying that French construction firm TSO (Cambodia) Co. Ltd. was being thrown off the donor-funded railway rehabilitation project. Contacted on Tuesday, Ly Borin, director of the Transport Ministry’s railway department, denied ...

NagaCorp Ltd., the Hong Kong-listed company that runs Phnom Penh’s only licensed casino, saw its profits grow by 23 percent in 2012, the firm said in an announcement. In its financial results for the year, released Wednesday to the Hong Kong stock exchange, the company that ...

The University of Sydney Business School has launched a research project in an effort to identify barriers to franchising in Southeast Asia, including Cambodia, and to develop a strategy to boost the sector’s growth in the region. The two-year project, funded by AusAID, targets structural, regulatory, ...

Utilities giant Electricite de France (EdF) is preparing to en­ter negotiations with Cambodia over the construction of a power plant to use up natural gas locked up in disputed waters off the country’s coast, France’s ambassador-in-waiting to Cambodia said on Tuesday. Serge Mostura, who is still ...

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 ...

Cambodia has attracted 9.17 billion U.S. dollar investment from China in the last 18 years ( 1994-2012), making China become the largest investor in this country, showed a government report on Wednesday. According to the report, China’s investment in Cambodia focused on the fields ...

Laos has stepped up plans for three hydropower dams on Mekong River tributaries, updating an eight-year-old deal with a Russian investor to build the projects for U.S. $1.5 billion. Lao authorities signed a project development agreement with Russia’s Regional Oil for the Sekong 4, Sekong 5, ...

More than 4,000 people attended a ceremony in December last year that saw Japan’s largest shopping mall developer and operator, Aeon, breaking ground on its three-storey mall in Phnom Penh, and the company says it is already considering building more in the capital. Aeon Mall ...

Since 2008, a whopping $28 billion worth of investments has been pledged by local and international firms looking to set up lux­ury hotels, a new airport and even Cam­­bo­dia’s first horse racing venue. But a closer look at the list of in­vestments approved by the Cam­bodian ...

Mobile phone subscribers in Cambodia have had little to complain about in recent years. With six new operators entering the market since 2006, the result was oversaturation and an all-out price war as eight operators fought for a foothold in a country with fewer than ...

Rajah & Tann, Southeast Asia’s largest law firm, has expanded to Cambodia through a tie-up with local law firm Sok & Heng, which has taken on a new name, RT Sok & Heng Law Office. Rajah & Tann’s deputy managing partner, Patrick Ang, estimates that there ...

The area of cassava under cultivation fell by 11.5 per cent across the country this season, while the price of cassava chips remained the same as last season’s price. Officials blamed an unstable price during the previous season (from April to April) for the drop. According ...

Against the backdrop of the ongoing Thai government’s rice-pledging policy, Thai rice exports are expected to further decline this year. While it may provide opportunities for Cambodia, the country has not yet benefitted much from the policy, industry experts said. “I think the Thai rice scheme ...