News

It has been more than two years since the Cambodian government issued a rice export policy in June 2010, aiming to export a million tonnes of milled rice by 2015. However, a shortage of capital to buy unmilled rice, known as “paddy”, together with high ...

Newly-appointed Asian Development Bank’s director for Cambodia Eric Sidgwick said Wednesday that promoting inclusive and environmentally sustainable growth that will help improve the quality of life of Cambodians, especially those who are most vulnerable, are his key focus areas. “This is an exciting time to be ...

Most mornings, garment worker Vicheka buys food from the street vendors outside her factory in Kampong Chhnang province. The beef and pork dishes, she says, have a tendency to give workers a stomach ache – a reputation forged long before Vicheka and her co-workers at ...

Nearly 2,000 families living on the bank of the Sekong River in Stung Treng district will be evicted beginning January to make way for the construction of public gardens, officials said this week. Loy Sophat, Stung Treng provincial governor, said the evicted families could purchase ...

Officials yesterday confirmed that the Cambodian government will receive a majority of the revenue share from Chevron’s offshore Block A oil permit area near Sihanoukville in the Gulf of Thailand. The government expects to issue the American oil giant a production permit licence by the ...

After months of inactivity that has fueled questions about the company’s future, Boeung Kak lake developer Shukaku Inc has launched a recruitment drive, calling for at least half a dozen architects, engineers and other employees. When contacted yesterday, Sok Heng Ly, an administrative employee listed in the ...

Om Yentieng, president of the government’s Cambodian Human Rights Committee, yesterday accused U.N. human rights envoy Surya Subedi of pandering to the opposition party and trying to stifle the work of the national court system through his examination of Cambodia’s rights situation. Mr. Yentieng, who also heads the Anti-Corruption ...

Unable to effectively police the Cardamoms alone, the Cambodian government partners itself with several international NGOs. The forests directly north of Highway 48 arc patrolled with the help of Wildlife Alliance. Beginning in 2002 with two ranger stations, Wildlife Alliance now operates six outposts in the ...

Tiger Airways reverses its ‘terminal’ thinking at long last in Singapore, and adds new cities in Cambodia and India. .. Tiger Airways is adding Hyderabad, India (tomorrow) and Phnom Penh, Cambodia (next Monday) to its reach only days after shifting up market into Singapore’s main terminal ...

Cambodia is expected to receive 3.3 million foreign tourists this year, a 15 percent rise year-on-year, Prime Minister Hun Sen said Thursday. “The country’s cultural and eco-tourism has seen remarkable development, there is steady growth from year to year,” he said in a message to mark ...

Cambodia is working on three fronts to improve its energy security and supply, including the development of its first oil-producing asset, looking for ways to resolve a disagreement over disputed territory in the Gulf of Thailand, and studying the economic viability of building its own ...

Kasikornbank aims to expand its bancassurance business into neighbouring countries after finding that customers in Laos and Cambodia incur higher medical expenses. Pakorn Partanapat, executive vice president, said that the bank has prepared business plans to cope with the Asean Economic Community (AEC), and bancassurance is ...

Cambodia’s Anti-Corruption Unit (ACU) has received about 800 corruption-related complaints in the first eight months of this year, exceeding the whole last year of only 700 cases, Om Yintieng, ACU’s Chairman, said Thursday Cambodia is riddled with bribery and corruption. The Government of Cambodia sees corruption ...

French-language network TV5MONDE has renewed its carriage agreement with Mongolian power player Sansar Cable LLC. The channel will also be available in Cambodia in all of pay-TV newcomer OneTV’s packages Via Cambodia’s OneTV, TV5MONDE will be available to an estimated 70% of Cambodia’s population, or 8.3 ...

Thailand has to revise its strategy concerning a regional single visa scheme, or it could lose millions of tourists to neighboring countries, which are kicking off the “CLMV Single Visa” next year without the Kingdom’s participation. Five countries – Thailand, Laos, Vietnam, Cambodia and Myanmar – ...

Cambodia is trying to attract foreign investors with manufacturing bases in neighbouring countries, with promises their factories would be safer from flooding. The Phnom Penh Post reported that Commerce Minister Cham Prasidh is appealing to foreign investors with production bases in neighbouring countries, particularly Thailand, to ...

Cambodian customers eager to buy Apple Inc.’s newest iPhone are paying almost double the company’s asking price in the U.S., phone vendors in Phnom Penh said yesterday. At about a dozen phone shops near Phnom Penh’s Central Market, vendors were doing a steady trade in the ...

Mirach Energy Ltd., formerly known as China Petrotech Holding Ltd. (CPHL), announced on Tuesday that its Cambodian counterpart, CPHL (Cambodia), had contracted two companies to conduct environmental impact studies for offshore assets in Block D, off the coast of Preah Sihanouk province. Mirach Energy said in ...

Negotiations between the Garment Manufacturers Association in Cambodia (GMAC) and unions over a landmark agreement aimed at reducing strike action will be held on October 3, representatives said yesterday. The original agreement on improving industrial relations in the garment sector was signed in October 2010 by ...

Cambodia’s transport costs remain high compared with those in neighbouring countries, according to a 10-container shipment comparison conducted between Cambodia, Thailand and Vietnam by a Korean-owned company, Pan Continental Freight (PCF). The comparison found Cambodia’s free on board (FOB) costs were US$35 a tonne, whereas Thailand ...

Former Khmer Rouge cadres who in return for laying down their weapons and swearing allegiance to the Cambodian government were granted plots of land in what is now Kampot province say local authorities aren’t respecting the deal. Representatives of 80 families in the province’s Chhouk district told the ...

Cambodia’s Commerce Minister Cham Prasidh said foreign investors with production bases in Thailand ought to consider Cambodia for future expansion because of the Kingdom’s greater resistance to floods. Speaking at Phnom Penh Honda’s 20th anniversary yesterday, the Commerce minister said that while Cambodia faces floods each ...

While the global economic crisis weakened the ability of Cambodian households to purchase food, the government’s focus on agricultural production and other policies have since helped alleviate food insecurity in the country, the U.N. Conference on Trade and Development said in a new report. Between June ...

Cambodia will receive a grant of US$3.3 million from the World Trade Organisation to support rice milling, silk production and development of the Department of International Cooperation, according to Heng Sovannarith, communication officer for Trade Wide Sector Approach. Sovannarith said the Ministry of Commerce would receive the grant from ...