News

Siam Kubota Corporation Co Ltd is set to expand its business by opening subsidiaries in Cambodia and Laos as part of its preparation for the launch of the ASEAN Economic Community (AEC) in 2015. Siam Kubota has invested a total of Bt68 million in the two ...

Cambodian Prime Minister Hun Sen expects the country to welcome 8 million foreign visitors by 2020. Talking to local media, the PM said the country was on track to achieve the ambitious target by 2020. The largest sources of tourists to Cambodia are Vietnam, China, South ...

When an ethnic Vietnamese crashed his motorcycle into an ethnic Khmer’s car in Phnom Penh’s Meanchey district last Saturday night, he was attacked by Khmers shouting the racially charged term for Vietnamese — “yuon” — and beaten to death. That an ordinary traffic accident turned into ...

Malaysia and Cambodia pledged to promote diplomatic relations, trade and investment in Cambodia. Trade between the both countries increased up to USD 168.72 (154%) in 2009 to USD 428.83 in 2013. Cambodia and Malaysia have cherished good relations on trade and investment. ...

The number of Cambodia’s outbound travelers increased by 10 percent year-on-year to 871,000 last year, a report of the Ministry of Tourism showed Tuesday. Ang Kim Eang, president of Cambodia Association of Travel Agents, which represents about 220 tour and travel companies, said most of Cambodian ...

Scot Marciel, visiting Principal Deputy Assistant to the U.S. Secretary of State for East Asian and Pacific Affairs met with Deputy Prime Minister Hor Namhong, Minister of Foreign Affairs of Cambodia yesterday with an aim to further strengthen relations between the two countries, Koy Kuong, ...

Moc Bai Border Gate Economic Zone is located on the Trans-Asia Road that starts from Myanmar, goes to Thailand, Cambodia, Laos and Vietnam and ends at Quangxi, China. It was built with three border gates on an area of 21,283ha, covering the communes of Long Thuan, ...

Beehive Radio director Mam Sonando will not be granted a digital TV licence because up to 80 channels have been allocated to a Chinese state television network. Khieu Kanharith, the minister of information, said in an interview on TVK on Tuesday night that the allocation of ...

More than 90% of tourists visiting Cambodia will end up at Siem Reap’s world heritage site Angkor Wat, despite efforts to open other areas of the country to tourism. Officials attending the Asean Tourism Forum admitted that efforts to convince tour operators to include trips to ...

Cambodia had attracted some $427 million of investment from China last year, up 62 percent compared with the $263 million in a year earlier, according to a report by the Council for the Development of Cambodia (CDC). The cumulative Chinese investment in Cambodia has totaled $9.6 ...

Economic growth has a close correlation with the quality of education, and not its quantity, a graduate student at the University of Chicago says. While education for all has been introduced in Cambodia, more needs to be done toward offering equal access to quality education, ...

The Asean Economic Community (AEC) will cut red tape and allow freer trade between the bloc’s 10 member states. But many companies in the region aren’t even aware of the AEC blueprint, a sobering report from the Asia Development Bank has found. The bank also ...

Low electrification rates and over-dependence on fossil fuel imports have contributed to Cambodia’s abysmally low ranking in the new World Economic Forum’s Global Energy Architecture Performance Index Report for 2014. Cambodia ranked 120 out of 124 nations, with a so-called Energy Architecture Performance Index (EAPI) score ...

For the first semester of 2013, Cambodia attracted 879, 782 tourist arrivals from ASEAN region, plus 23.5 per cent if compared in the same period of last year, a report from tourism ministry obtained on Tuesday said.  The figure of tourist arrivals from ASEAN for the ...

Two ambitious trade negotiations are moving forward in the Asia Pacific, but Cambodia should first pursue a regional partnership before joining in with all of the Asia Pacific, trade experts say. Cambodia should build momentum on the existing Regional Comprehensive Economic Partnership, an Asean-driven agreement, before ...

Proper accounting and auditing help promote business opportunity and development, finance experts say. Socheat Chum, a senior associate auditor for KPMG, a professional accounting service, told “New Voices” on Monday that companies with “solid” financial statements will “attract more business partners and be able to borrow ...

US Ambassador William Todd on Thursday urged the Cambodian government to strengthen the skills of its laborers, in order to meet the needs of an integrated Asean in 2015. The 10 Southeast Asian countries that comprise Asean are all moving toward an integrated economic block, which ...

Cambodia’s newly appointed minister of commerce said Thursday that he plans to reform the country’s economy ahead of Cambodia’s entrance into the Asean Economic Community (AEC) 2015, though he and other officials did not say how they plan to accomplish that goal. Speaking to reporters on ...

Energy demand in Southeast Asia is expected to increase by more than 80 per cent by 2035, fuelling some $240 billion in oil spending, a new report from the International Atomic Energy Association (IAEA) shows. In its “Southeast Asia Energy Outlook” published yesterday, the Paris-based IAEA ...

Cambodia will meet some of the Millennium Development Goals by the end of 2015 and will continue to deal with landmine threats, said a Cambodian envoy to UN Tuesday at the General Debate of the UN General Assembly. The number of people below the poverty line ...

Chongqing and Phnom Penh will become sister cities, after which it will be more convenient for those Chongqing enterprises to invest in Cambodia. Cambodia is an important trading partner for Chongqing and it has become one of the major countries for the development strategy of “going ...

There should be stronger legislative co-operation between Vietnam and Cambodia, agreed Vice Chairwoman of the Vietnam National Assembly Tong Thi Phong and the second Vice President of the Senate of Cambodia Tep Ngorn. During a meeting on Saturday during the 34th General Assembly of the ASEAN ...

Resentment is still simmering toward Cambodia for its handling of the contentions South China Sea issue last year, which fractured the unity of Asean, analysts from around the region said Thursday. During the first day of a two-day regional conference in Phnom Penh organized by the ...

Five Southeast Asian countries, Cambodia, Laos, Myanmar, Thailand and Viet Nam, are targeting a double-digit growth rate of international visitors annually by 2015 under the theme “Five Countries – One Destination”, according to Hoang Tuan Anh, Viet Nam’s Minister of Culture, Sport and Tourism. In a ...