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CAMBODIA’S prices were 7 percent higher at the end of June compared to the month in 2010, according to National Institute of Statistics official Sim Ly yesterday. Although the organisation was still preparing to release the official figures, Sim Ly said the figures would also ...

CAMBODIA’S total food and beverage imports jumped 28 percent year-on-year through June to US$74 million, as domestic demand continued to outpace the Kingdom’s production capacity. The demand comes as Cambodia’s economy regains momentum following the global financial crisis, said officials at the Ministry of Commerce, ...

Inflation reached 7.1 percent in June compared to the same month last year as consumer prices continued to rise in Cambodia, an official at the Ministry for Planning said yesterday. The release of the inflation figure comes after officials and the ministry said earlier this ...

The government has postponed a top-level meeting with its foreign donors scheduled for November, a move that comes just over a week after a displeased World Bank revealed its decision to freeze all future loans to Cambodia. In an Aug 17 letter to World Bank ...

Cambodia’s economic growth has been on the rise following the global downturn on 2008-2009 and experts say that the private sector is largely responsible for that growth. However, those same experts also acknowledge that the profits generated by companies operating in Cambodia aren’t trickling down ...

DANISH logistic giant Damco has opened a 6,000-square-metre warehouse facility in Phnom Penh in response to the Kingdom’s growing importance as an emerging market, the company said in a statement. Damco Company (Cambodia), which is part of international conglomerate AP Moller-Maersk Group, said manufacturers have increasingly ...

KOH KONG, Cambodia (AP) — Round a bend in Cambodia’s Tatai River and the virtual silence of a tropical idyll turns suddenly into an industrial nightmare. Lush jungle hills give way to a flotilla of dredgers operating 24 hours a day, scooping up sand and piling ...

NGO Forum confirmed yesterday it had received a “warning letter” from the Ministry of Foreign Affairs over its advocacy on behalf of communities affected by a railway rehabilitation project funded by the Asian Development Bank (ADB) and AusAID. The warning to the umbrella group of 88 ...

Cambodia agreed to acquire Chinese-made Z-9 helicopters for US$195 million in one of 26 memorandums of understanding agreed by the two countries on Saturday. Cooperation was pledged in sectors such as energy, mining, agriculture and road construction, as well as defense spending and aid. The ...

LAHORE: The first Honorary Consul General of Cambodia in Pakistan, Chaudhry Salik Hussain, has said that the Pakistan-Cambodia Business Council will soon be established for cooperation between both the countries. Speaking at the inaugural ceremony of the Cambodian Consulate in Pakistan here on Sunday, he said ...

A simmering land dispute in Kratie province’s Snuol Wildlife Sanctuary flared up Friday as hundreds of desperate villagers blocked National Road 76A for four hours in an effort to prevent the clearing of their homes and farms by a rubber company, villagers and human rights ...

Prime Minister Hun Sen and a visiting top Chinese official on Saturday presided over the signing of 29 letters and memoranda covering a broad range of business and military deals, including a $195.5 million loan for Cambodia to purchase Chinese-made military helicopters. A summary of ...

PHNOM PENH A senior official of the Communist Party of China (CPC) said here Saturday that the CPC is willing to strengthen exchanges and cooperation with Cambodian political parties to boost mutually beneficial cooperation between China and Cambodia. Zhou Yongkang, a member of the Standing ...

With growing uncertainty in the US economy and an unfolding fiscal and debt crisis in the Eurozone after the global recession in 2008, Asia is expected to continue leading the global recovery. Under such circumstances, the 21st Century is emerging as the “New Asian Century”, ...

Ouch Borith, Secretary of State for Cambodia’s Ministry of Foreign Affairs and International Cooperation, and Ri Myong San, Trade Vice-Minister of DPRK, signed an agreement where Cambodia and North Korea agreed to expand bilateral trade, technology, agriculture, industry, investment and the health sector on July ...

After the harvesting of peppers from Jan 1 to May 31 this year, farmers in Kampot province were able to harvest 16 tons and the hope is to increase production to 20 tons in 2012. Nguon Lay, the head of Kampot pepper community, said on ...

JS Global (Cambodia), a Phnom Penh-based organization that aims to promote trade between Cambodia and other countries, is importing rice milling machines, manufactured by Dong Yang Industries. Dong Yang Industries, a Korean company established in 1955, has developed its own technology since 1990 to manufacture ...

The PetroVietnam Fertilizer and Chemicals Joint Stock Company (PVFCCo) officially inaugurated its branch in Cambodia on July 29 with an aim to sell products directly to local farmers. Since the establishment of its representative office in Phnom Penh in May 2010, PVFCCo, an affiliate of ...

While rising inflation poses some financial challenges for rural farmers, it generally isn’t preventing them from paying off loans from microfinance institutions (MFIs). Farmers tend to be able to pay their loans off even though higher prices of food, fuel, fertilizer, pesticides, labor, and some ...

The league of Association of Small and Medium Enterprises of Cambodia will conduct a forum on rice products in 17 October at Koh Pich center to boost the export of milled rice product to one million tons by 2015 as guided by the government. Cambodia ...

Military-run telecom Viettel has deployed more than 16,000km of fibre optics for its Metfone network and is now has the biggest internet coverage in Cambodia. According to a report from the Ministry of Post and Telecommunications of Cambodia (MPTC), cable network coverage in the country ...

Hundreds of families at Boeung Kak lake would receive land titles next week, Phnom Penh governor Kep Chuktema announced yesterday, but one village has been excluded from the deal that all but ends Phnom Penh’s highest-profile land dispute. At a meeting with about 500 villagers ...

The Foreign Affairs Ministry met with to non-governmental groups yesterday and accused them of inciting families to oppose the rehabilitation of the Cambodian rail system, ordering the  NGOs to “readjust” their workForeign Affairs spokesman Koy Kuong said his ministry invited Bridges Across Borders Cambodia and ...

Authorities in Phnom Penh briefly detained about 100 villagers yesterday who were distributing leaflets to raise awareness of the ongoing destruction of Prey Long, one of Cambodia’s largest remaining primary forests. The leaflet distributors had their materials confiscated and were escorted to six commune offices ...