News

The Kampot Pepper Association said yesterday that the price of pepper would increase in January to $8 per kg, up from $7 currently. Nguon Lay, president of the association, said that the price hike was due to strong demand from abroad and high production costs ...

Three car import companies have established an automotive industry association to bring international standard quality vehicles to Cambodia. The companies are RMA Cambodia, Hung Hiep Cambodia and Envothech Cambodia. The objective is to boost the level of foreign investment in the sector Commerce Minister Cham ...

As the Tourism Ministry prepares to host the World Ecotourism Conference in Sihanoukville on Monday, ecotourism operators in three provinces said they were worried that the government’s development practices would undermine the very concept the conference is promoting. According to Tith Chanda, director general of the ...

Cambodian officials say the country’s economic growth rate is set to exceed seven percent this year. According to financial analysts even if the global economy slows, Cambodia is well prepared to deal with it, partly because of strong foreign investment. But the billions of dollars ...

Three percent of the country’s rice crops have been destroyed by flooding in provinces along the Mekong River and around the Tonle Sap lake, and another seven percent is at risk of being lost, the minister of agriculture said yesterday. New government estimates also show that ...

Cambodia’s information technology sector is looking to leapfrog its current capacities in the next decade as the Kingdom chases other countries in the region, industry experts say. As much as 40 per cent of the country could be online within 10 years, Dell general manager of ...

The United Nations Special Rapporteur for Cambodia was due last night to present his 2011 report to the Human Rights Council in New York, where Foreign Minister Hor Namhong is attending the UN General Assembly’s annual debate. The report, first published on August 2, looks at ...

As severe flooding continues to plague provinces along the Mekong River and around the Tonle Sap lake, new figures released by aid groups and officials yesterday showed that the scale of the disaster is far bigger than initially expected and could be worse than Typhoon ...

Speaking at the UN General Assembly in New York on Monday, Foreign Minister Hor Namhong backed the Palestinians’ bid for full UN membership and called for the lifting of a decades-old US embargo on Cuba, one of the countries backing Cambodia’s bid for a seat ...

Flooding has affected 90,303 families and flooded 83,007 houses nationwide, while 13,402 families have been evacuated so far from inundated areas, Minister of Information Khieu Kanharith said Monday. Citing data from the National Committee for Disaster Management (NCDM), Mr Kanharith also said in a posting to ...

A rise in pig imports from Thailand and Vietnam has driven down pork prices by as much as 33 percent in the past month, leaving farmers here worried that an oversupply in the market will cut into profits. Prathna Preap, a swine market expert at USAID, ...

In the past month, ratings agency Moody’s has downgraded its outlook for two of Cambodia’s largest commercial banks. On September 2, Acleda Bank’s performance outlook went from “stable” to “negative” due to risks associated with rapid credit growth and a drain on local currency by depositors. ...

The number of foreign visitors arriving in Cambodia jumped 14.1 percent to about 16.2 million in the first seven months of this year compared to the same period last year, according to data released Friday by the Tourism Ministry. Vietnam accounted for the largest number of ...

Phnom Penh Municipal Court on Friday sentenced the manager of job recruitment agency VC Manpower to 13 months in prison for ilegally detaining underage recruits at a Phnom Penh training center, while the firm’s foreign director was convicted in absentia to eight years’ imprisonment General Manager ...

An emergency cabinet meeting has been called for today to discuss disaster response and prevention in the face of severe flooding that has hit many parts of the country. More than 132,000 hectares of rice paddy field have been inundated with water since flooding began earlier ...

Environmental groups that gathered at the Himawari Hotel in Phnom Penh on Friday said that tens of thousands of rural Cambodians could benefit from the development of the country’s resin industry. At a conference held by the Non-Timber Forest Products Exchange Program for South and Southeast ...

More than 144 families threatened with eviction from Daun Penh district’s Srah Chak commune to make way for a new $27.5 million Chinese-Cambodian Friendship Bridge attended a meeting on Friday to discuss an offer of relocation and compensation, an official said The meeting with Deputy District ...

Continuing flooding along the Mekong River and around the Tonle Sap lake is taking a severe toll on local communities, government officials said Friday, as they released preliminary figures showing that 62 people had been killed in the floods, 5,000 families had been displaced, and ...

A new US commitment to oil and mining transparency may push the Kingdom closer to a similar agreement, Cambodian experts have said. US President Barack Obama announced earlier this week that the US would join the Extractive Industries Transparency Initiative as an implementing country, according to ...

Sihanoukville Autonomous Port revenues increased more than 16 percent year-on-year in the first eight months of 2011, according to port officials. Cambodia’s largest port generated US$21 million in revenues between January and August, up from $18 million in the same period last year, SAP Director General ...

Thailand is reportedly preparing to re-enter negotiations with Cambodia on the Overlapping Claims Area after officials from the two countries talked this week at the ASEAN Energy Business Forum in Brunei. Thai Energy Minister Pichai Naripthaphan said yesterday that he met informally with Ministry of Industry ...

A garment factory hit by two mass fainting incidents last month has been accused of trying to get rid of workers who subsequently joined the Free Trade Union to push for better working conditions at the facility in Kampong Chhnang province. Free Trade Union President Chea ...

At least 22 families living in the capital’s Chamkarmon district say they are being forced to sell their land at below market value to Thailand’s Bun Roong Company in order to make way for a housing development. Village representative Chhim Veasna said on Wednesday that the ...

An opposition Sam Rainsy Party activist who was badly beaten on September 16 by riot police during a protest against the demolition of homes at Boeng Kak lake filed a complaint yesterday with the Phnom Penh Municipal Court against developer Shukaku Inc and the officers ...