News

Operating revenue at the partly state-owned mail service, Cambodia Post (CP), rose more than 10 per cent last year compared to 2012, according to a senior government official. Ork Bora, CP’s general director, said that revenue reached $4.56 million, an increase of 12.54 per cent from ...

Duty-free agreements between regional competitors and foreign importers would put the Cambodian garment industry at risk, Commerce Minister Cham Prasidh said last week. Speaking to reporters after a meeting, Prasidh warned that the Kingdom’s garment sector would not be able to maintain its competitive edge over ...

Cambodian garment exports are expected to grow in 2013 with the increasing foreign investments along with focus on new market including Japan and China, according to the Garment Manufactures Association of Cambodia (GMAC). In 2012, apparel exports of Cambodia grew nine percent to US$ 4.61 ...

Asia and the Pacific continued as a hot spot for international tourism in 2012, attracting what is expected to be in excess of 350 million international visitor arrivals, expanding its collective inbound count by more than 5% and generating more than 18 million additional foreign visits, year-on-year. Within this ...

The Food and Agriculture Organization of the United Nations (FAO) has raised its forecast of global paddy production in 2012 by about 1.5 million tonnes to 730 million tonnes (487 million tonnes, milled). The scaling up of production mainly concerned Asian countries, in particular Cambodia, ...

According to the [inter]national Monetary Fund (IMF), at the end of 2011, the stock of Cambodia’s external public debt, including arrears, stood at around US 3.8 billion or 30 percent of GDP (24 percent in NPV terms). China remains the largest bilateral creditor, contributing to ...

Worldwide renowned travel advisory website–the tripadvisor.com–has listed Nepali capital Kathmandu in its top 10 best places to visit in Asia. While Siem Reap of Cambodia topped the chart, China’s Beijing and Shanghai cities hold the respective second and third best places to travel in the ...

U.S. fast-food chain Burger King said yesterday that no one holds the rights to open a branch of its restaurant in Cambodia, despite job advertisements appearing online featuring the company’s logo. . “Currently, we do not have any established franchisee in Cambodia,” Tan Ching Ee, marketing ...

HCM CITY – A workshop to develop disaster management capacity for the four Lower Mekong countries of Cambodia, Laos, Thailand and Viet Nam by encouraging collaborative efforts through dialogue and information exchange opened yesterday in HCM City. The five-day Lower Mekong Initiative (LMI) Disaster Management workshop, ...

Chevron Overseas Petroleum (Cambodia) has been actively exploring Cambodia’s offshore Block A, and applied for a permit to begin extraction from government authorities. Yesterday, The Post caught up with its President Steve Glick, who has been in his present role in Phnom Penh for about ...

Increased interest by Asian tourists has led to about 33 percent growth for Angkor Wat ticket sales so far this year, according to the Apsara Authority. Revenues during the first six months hit US$20 million, compared with about $15 million in the period last year, ...

Bauxite reserves in Mondolkiri province abandoned by Australian mining form BHP Billiton in 2009 are now being explored by China’s Mongolia Erdos Hongjun Holding Group, the same firm that is behind the controversial development of Boeng Kak lake in Phnom Penh. Kong Pisith, director of ...

Mong Reththy, former advisor to Prime Minister Hun Sen has said that investors should use local residents on their land concessions rather than evicting them and hiring outsiders. According to a US diplomatic cable released by WikiLeaks Mr. Reththy is “Hun Sen’s Money Man” and ...

Construction  of the 1,260 megawatt Xayaburi dam on the Mekong river has been suspended after a meeting between the USA, Cambodia, Thailand, Vietnam and Laos. A report from the Mekong River Commission (MRC) has been leaked showing that construction was begun on the dam without ...

According to diplomatic cables released by WikiLeaks US officials in Bangkok believed that Prime Minister Hun Sen’s decision to name former Thai premier Thaksin Shinawatra as an economic adviser in 2009 backfired after it increased support of the opposition. The Premier at the time of ...

Hillary Clinton, US Secretary of State, has called for a “pause” on construction of hydroelectric dams along the Mekong River. She is urging time and consideration for all who would be affected by the dams, with 11 planned for the Lower Mekong, nine of which ...

Garment exports for the first half of 2011 have increased as demand from Europe and Asia grows. The relaxation of duty-free exports to Europe has sped the growth according to the Garment Manufacturers Association in Cambodia. Exports are said to have increased by 32 percent ...

A US diplomatic cable released by WikiLeaks shows that Thailand feared Cambodia gaining military support from Vietnam over clashes between the two neighboring kingdoms about the disputed Preah Vihear temple. Thailand was also prepared to invoke a treaty with the USA that requires the US ...

Cambodia is concerned that US debt could lead to rising import costs. US lawmakers are currently trying to pass a deficit-cut deal before Aug. 2 when the US reaches its own debt ceiling of $14.3 trillion. Without a deal the US would default on its ...

A US diplomatic cable released by WikiLeaks from the Embassy in Bangkok has provided evidence that Cambodian soldiers were providing assistance and protection to loggers along the Thai-Cambodian border. Some of the loggers were killed in clashes with Thai troops. The allegations have been denied ...

There has been a 13 percent increase to Cambodia’s two international airports since the beginning of the year. The USA, China, South Korea and Vietnam along with Japan were the key factors in this growth. The government’s attempts to attract visitors and investors is cited ...

WikiLeaks has recently released US diplomatic cables that show that the there was no warning system along the Sesan river in Ratanakkiri province for floods in 2007. There have been many complaints by the communities along the river of the floods caused by dams along ...

US diplomatic cables released by WikiLeaks show that Cambodia assisted refugees escaping from North Korea. A North Korean was supposed to be deported to Vietnam and was claimed to have done such but it has now been proven otherwise. There have been other cases of ...

US diplomatic cables released by WikiLeaks have shown a positive light towards two high-profile court cases in Cambodia. One case concerns the trafficking and physical abuse of an 11 year old girl and was Cambodia’s first case of human trafficking to be prosecuted. The cables ...