News

A total of 2,606 new businesses were registered in Cambodia during the first nine months of the year, an increase of 11.6 percent compared to the same period last year, data released yesterday by the Ministry of Commerce shows. According to the figures, the ministry approved 306 new ...

Fishery resources could fall this year because of a lack of flooding along rivers and waterways impeding fish from travelling freely or finding food to encourage their growth, a fishery official says. Sam Nov, deputy general director of Fishery Administration at the Ministry of Agriculture, Fishery and ...

Kompong Thom provincial officials will stop illegal gold mining in seven locations in Sandan district’s Meanrith commune come November, provincial and district officials said. About 100 residents of Meanrith have been illegally digging for gold in the district for several years, provincial deputy governor King Vimean ...

Environment rights group Global Witness yesterday joined the call for an independent investigation into the April 26 murder of conservation activist Chut Wutty following the conviction of a security guard in the case. On Monday the Koh Rong Provincial Court sentenced Rann Boroth, a security guard ...

Three families were evicted and their houses torn down by authorities in Phnom Penh’s Meanchey district yesterday after officials claimed that residents there were polluting a canal with rubbish. The authorities last week warned that families living inside 38 houses in Niroth commune were illegally occupying ...

Less than 36 hours after Wang Zia Chao provoked a strike by destroying two photos of the late King Father in front of hundreds of Cambodian garment workers, the Chinese factory manager was booked, charged and convicted by the Phnom Penh Municipal Court, which last ...

In order for Cambodia to maintain the same rate of growth it has enjoyed in the past few years, exports need to diversify from textiles and tourism to modern services, said the World Bank’s country manager yesterday in Phnom Penh. “Cambodian firms are already tentatively exporting ...

Cambodia rose five places to rank 133rd out of 185 countries in the World Bank’s annual Doing Business report released yesterday, with the bank attributing the rise for the most part to the successful launch of the country’s credit bureau. Compared to other countries in the ...

About 40 families in Phnom Penh’s Meanchey district are disputing local authorities’ demand that they abandon their homes without compensation so the government can increase a nearby canal’s capacity. The residents, who were asked on September 28 to vacate their homes within a week by Meanchey ...

A second Chinese garment factory manager was arrested yesterday for destroying a photograph of the late King Norodom Sihanouk, while the woman who destroyed pictures of the late monarch at the factory in Phnom Penh on Monday was convinced and given a one-year suspended sentence, officials said. Employed ...

The owner of a labor firm repeatedly accused of human trafficking, who is also the sister of one of the country’s top police officials, has been appointed head of the Association of Cambodian Recruitment Agencies (ACRA). Grave concerns have been expressed by rights groups over the appointment of Ung Seang ...

Government-issued economic land concessions are making the country’s indigenous communities in the northeast provinces worse off, according to a study by the Mekong Institute of Cambodia. Presented yesterday at the 2012 Development Research Forum in Phnom Penh, the study comes on top of mounting criticism of ...

The South East Asian business elite and 16 Heads of States and Governments will meet in Phnom Penh when the 9. ASEAN Business & Investment Summit will be held as an official side event to the ASEN Leaders Summit and the ASEN Leaders Summit (EAS) “Interest ...

Onyx Hospitality Group is looking to expand its portfolio to the “CLMV” countries of Cambodia, Myanmar, Laos and Vietnam, as well as to Malaysia, as it positions itself to reap the benefits of upcoming Asean economic integration The Thailand-based hotel group, whose goal is to become ...

Cambodian migrant workers in Thailand, Japan, Malaysia and Korea have sent home an average of US$360 million a year in remittances, according to Seng Sakada, general director of Ministry of Labor and Vocational Training. Overseas Cambodian migrants mainly work in the fields of housework, construction, factories ...

The private company HOdo Group Co Ltd, a textile and garment company in Wuxi, Jiangsu province, is looking to expand its presence in Sihanoukville, a province in southern Cambodia, in an attempt to diversify its business. Zhou Haijiang, president of the company, said it has made ...

A new banking settlements system called CHANCES, dealing exclusively in the Chinese currency renminbi (RMB), aims to make trade between China and the ASEAN countries easier and less expensive. Owned and operated by the Industrial and Commercial Bank of China (ICBC), the CHANCES system stands for ...

Seventy percent of all outbound parcels leaving Cambodia via the state-owned postal service contain local food products that are delivered to Cambodians living abroad, an official at Cambodia Post said yesterday. Ork Bora, general director of Cambodia Post, said that of the total 26,678 packages, not ...

Owners of local businesses along six streets near the Royal Palace that have been closed to prevent excessive noise during the three-month mourning period for late King father Norodom Sihanouk said yesterday that the road blocks are having a negative impact on their trade. Gated roadblocks ...

A senior agricultural official is concerned by the prevalence of fake fertilizers that cause stunted rice crops and reduce farmers’ profits. Ngin Chhay, director of the Rice Crops Department in the Ministry of Agriculture, Fishery and Forestry, told the Development Research Forum in Phnom Penh yesterday the products were ...

Bankers have raised no concerns over the National Bank of Cambodia’s increase to the reserve requirement rate in order to maintain the stabilization of cash flow and inflation during a time of global financial difficulty. The increase, from 12 to 12.5 per cent, issued late last month, was ...

Some questions remain about whether hydro dams on the upper Mekong River in China exacerbated conditions during Cambodia’s devastating drought of 2010, environmental groups say, as China’s dam program powers ahead. When the first power-generating unit was switched on last month at China’s giant 262-metre tall ...

Three men arrested over a plan to smuggle millions of dollars worth of counterfeit US banknotes into Cambodia with the help of Thai criminals used the name of Prime Minister Hun Sen’s chief bodyguard to secure the deal, a provincial court heard yesterday. Pin Tipelo, 38, ...

Workers from bankrupt plush-toy factory First & Main are still owed money after the Ministry of Social Affairs auctioned $200,000 worth of factory equipment for just $21,000, a labor rights advocate said Sunday. More than 350 workers were left stranded when the US-owned teddy bear factory closed in ...