Business Unfazed By Current Political Strife

The Cambodia Chamber of Commerce yesterday moved to allay fears that ongoing political turmoil could affect the business community, saying no local firms have...

Solar Power Lights Up Cambodia’s Villages

Solar home systems are an appropriate solution to provide affordable, reliable and clean electricity in rural Cambodia, and the Green Microfinance Programme assists villagers...

Management Skills Demand On The Rise

Phnom Penh employers are demanding increasingly qualified candidates to fill management posts, according to data relating to the last two years. A report on the...

Cambodia Wants US To Review Trade Deal

Cambodia has suggested that the US review its Generalised System of Preference for Duty-Free and Quota Free (GSP-DFQF), granted to the Kingdom as a...

Prime Minister Says No To Seaweed Plantations

Prime Minister Hun Sen yesterday said he has rejected proposals for investment in seaweed plantations in Preah Sihanouk and Kep provinces. Speaking at the National...

Solar Power Set To Shine In Bavet

Cambodia’s first large-scale solar power project is still in the trial testing stage, but is expected to be fully operational at the end of...

Gasoline Retail Prices Creep Up In The Kingdom

Retail prices for gasoline have gradually increased by approximately 5 percent since December last year, raising concern from motorists that prices will hit the ceiling...

Government To Intervene In Rice Sector

The government, with a budget of $50 million for emergency loans and $30 million for building silos and warehouses, will intervene to stabilise rice...

US To Examine Cambodian Food Standards

The United States, one of the Cambodia’s key trading partners, is going to assess sanitary and phyto-sanitary standards in Cambodia, opening up the opportunity...

KrisEnergy All Set To Ink Extraction Agreement

The Cambodian government and KrisEnergy, a Singapore-listed oil and gas firm, are set to sign a petroleum agreement this month to pave the way...

Cambodia’s Trade Reforms Praised

Canada on Tuesday urged the Cambodian government to continue its reforms to facilitate trade and investment, particularly in the garment sector. Donica Pottie, the Canadian...

Thai Vending Machines Set For Cambodia

A local firm is to partner with a top Thai manufacturer to bring the latest self-service vending machines to Cambodia as part of a...

PTT To Help Cambodia In Oil And Gas Sector

The Cambodian Ministry of Mines and Energy and Thailand’s giant conglomerate PTT have signed a cooperation agreement to strengthen Cambodia’s technical knowledge in the...

Agri Expo Kicks Off In Phnom Penh

The second annual Agri Livestock Aqua Fisheries Cambodia Expo kicked off yesterday at Phnom Penh’s Diamond Island exhibition centre. The show, which aims to connect...

Angkor Air Strikes Four Codeshare Deals

Cambodia’s national flag carrier Angkor Air has reached deals on codesharing with a local airline and three international carriers. The company signed the deals last...

Minister: Cambodia Must Fend For Itself

Cambodia needs to support its own development and can expect a cutback in grants, soft loans and highly favourable trade privileges as it graduates...

Garments Strategy In Pipeline

The Economy Ministry, garment & footwear makers, and the ILO's Better Factory Cambodia program are drafting a long term strategy to maintain high growth...

E-Mart & Royal Group To Set Up Shop

South Korea’s largest retailer, E-Mart, will set up its first flagship store in the kingdom by the first quarter of 2019 after the department...

Cambodia-UAE Trade Pact Inked

Cambodia and the United Arab Emirates (UAE) yesterday finally signed an agreement, which took four years to negotiate, to promote and protect business investments...

Tariff Relief To Draw In 100 New Shoe Factories

The president of the Garment Manufacturers Association of Cambodia (GMAC) expects that the country can attract about 100 new footwear factories if it gets tariff relief...

World Bank Commits $540m To Cambodia

The World Bank will disburse some $540m from 2018 to 2021 to finance economic development in Cambodia to support the implementation of the government’s Industrial...

China To Boost Tourism in Cambodia

China plans to establish a comprehensive tourism development plan for Siem Reap province, home of the famed Angkor archeological park. In a meeting with Cambodian...

Construction Investment Up By A Third

Construction investment during the first half of the year reached $4.94 billion, a 27.44 percent year-on-year increase, according to a senior official at the...

Cambodia, Myanmar Trade Cooperation

According to the Ministry of Foreign Affairs and International Cooperation, Cambodia and Myanmar will encourage investment from small and medium enterprises and exchange agricultural...

Few Investors For Newest CSX Listing

A little over a month after joining the Cambodia Securities Exchange, the stock market’s newest listing has failed to attract much interest. Trading has been sluggish for...

Chinese demand for rice outstrips supply

  Cambodian rice exports increased marginally during the first half of 2017 as export companies push to fulfil higher quotas destined for China. Rice exports totalled...

Garment Sector Improvements Recommended

The Asean Macroeconomic Research Office has released a report advising the government and main garment association on how to improve the economic outlook of...

Foreign Investment In Cambodia Up 800% In 10 Years

Foreign investment in Cambodia has risen by 800% over the past decade, according to new data. Multinationals like Starbucks, Samsung Electronics, Toyota Motors, and Nike already have...

Exports Up In First Quarter

Exports are up 12% in the first quarter of 2017 compared with the same period last year, thanks to the improved economic performance in countries...

World Bank: Cambodia Growing Fast

The World Bank says Cambodia, along with Laos and Myanmar are the fastest growing economies in East Asia. Ellen Goldstein, the newly appointed World Bank...

Lacklustre Trading Debut In PAS Shares

The trading price of Sihanoukville Autonomous Port (PAS) has failed to live up to high expectations after its debut on the Cambodia Securities Exchange...

Chinese Encouraged To Invest More

More than 50 business leaders and investors from Dezhou city, Shandong province in China, are seeking investment opportunities and Cambodian partners in the fields...

Mercedes-Benz In Cambodia: Q&A With James Zemke

Star Auto (Cambodia) is the authorised general distributor of Daimler AG for Mercedes-Benz passenger cars and commercial vehicles in the Kingdom. The company’s general director...

ADB To Fund Solar Park Project

Cambodians will soon have access to more affordable power if the agreement signed on Monday between Electricite Du Cambodge (EDC) and the Asian Development...

Amru To Improve Rice Supply Chain

Local rice miller and exporter Amru Rice has confirmed a three-year deal for a sustainable rice platform (SRP) with the International Financial Corporation (IFC),...

Port Shares End Slightly Higher On CSX Debut

Sihanoukville Autonomous Port made its debut yesterday on the Cambodia Securities Exchange (CSX) as the fifth publicly listed company on the bourse with shares...

Singapore Trumps US In Competitiveness Ranking

Singapore moved up a place to grab third spot in the latest IMD World Competitiveness Yearbook behind Hong Kong and Switzerland, pushing the US...

Garment Industry Exports Up, Jobs Down

Exports grew at a solid pace in 2016, rising by 7.2 percent to $7.3 billion, but the number of registered exporting factories fell by...

Cambodian Business Outlook Remains Positive Through Elections

Experts have predicted that Cambodia’s economy will continue to benefit from political stability, following unofficial preliminary results of yesterday’s commune election showing that the...

Makro Supermarket To Open This Year In Phnom Penh

A branch of the cash and carry supermarket Makro will open in Phnom Penh by the end of the year after construction kicked off...

Online Job Platform Everjobs Marks Two Years In Cambodia

The Kingdom's fastest growing online career portal, everjobs.com.kh, celebrates two years of operations in Cambodia this month. With an average of 7,500 visits per day,...

Cambodia’s Exports To The US Rebound In First Quarter

Exports to the United States rebounded in the first quarter of the year, an increase of almost two percent on the same period last...

CSX Listed Companies Show Good Results From First Quarter

Two listed state-owned enterprises – Phnom Penh Water Supply Authority (PPWSA) and Phnom Penh Autonomous Port (PPAP) showed better results in the first quarter...

Cambodian Pepper Farmers Seek New GI Listings

Pepper production inched up to close to 12,000 tonnes last year with cultivation on 6,124 hectares, but unstable prices have led to calls for...

RCEP To Help Open Up Markets For Cambodia

The Regional Comprehensive Economic Partnership (RCEP) has the potential to deliver significant business opportunities for Cambodia, given that the 16 RCEP participating countries contribute...

Kerry Worldbridge SEZ Opens Its Doors To Tech Industry

Kerry Worldbridge Logistics’ special economic zone began operating yesterday, with promises of boosting the high-end technology industry. The zone, a joint venture between Hong...

Major Event To Promote Cambodian Cuisine And Agriculture

The Cambodia Rice Federation and the Cambodia Tourism Federation announced this morning that they will co-host the Cambodia’s biggest agriculture and food event at the Diamond...

Cambodia To Maintain Its Rapid Growth, Finds UN Report

Cambodia’s economic growth is forecast to continue at a healthy seven percent for 2017-2018, according to a United Nations report released yesterday. Strong exports by...

Ground Broken For Cambodia’s First Oil Refinery

The joint venture behind an oil refinery, which officially broke ground yesterday, says it plans to build a chain of 300 petrol stations to...

World Economic Forum On ASEAN To Kick Off

High profile CEOs, prominent businessmen, ministers and leaders of ASEAN, India and Timor-Leste will gather in Phnom Penh next week for the launch of...

Illicit Financial Flows Have Cost Cambodia Millions

A new report from US-based nonprofit Global Financial Integrity (GFI) has revealed that illicit financial flows ­– the illegal movement of money or capital...

Aeon Plans Grocery Store Chain Across Cambodia

The Japanese retailer behind Phnom Penh’s biggest shopping mall is to open 30 grocery stores to cater to the country’s growing middle classes. Aeon...

ADB Gets Behind Solar Project In Svay Rieng Province

The Asian Development Bank (ADB) has financially backed a project from Singapore's Sunseap Group to build Cambodia’s first large-scale solar power project under a...

Alibaba In Talks With Thailand’s WHA Over E-commerce Park Site

Chinese e-commerce giants Alibaba are in discussions with WHA Corporation Plc, a Stock Exchange of Thailand listed company and the nation’s largest developer of...

Prime Minister Lauds China’s Key Role In Development Of Cambodia

Prime Minister Hun Sen said yesterday that China has been playing a critical role in contributing to the development of the Cambodian economy through...

Cambodian Economic Growth Nudges Ahead Of Predictions

Cambodia’s gross domestic product is expected to increase by 7.1 percent in 2017 and 2018, slightly higher than the estimate of 7.0 percent last...

Retroactive Fees Dropped During April For Work Permit Applications

Foreigners employed in Cambodia who missed the March 31 deadline to register for a work permit have been given a remarkable reprieve by the Ministry of...

WTO Trade Pact Poised To Boost Cambodian Exports

The US Ambassador has urged the Cambodian government to improve customs procedures and reduce bureaucracy to make the most of the World Trade Organisation’s...

Cambodia’s First International Agriculture Expo In Pipeline

Santhai Import Export Company is planning the first international exhibition of agricultural products in Cambodia this year in collaboration with the Ministry of Agriculture,...

KrisEnergy Nears Agreement For First Offshore Oil Extraction

Terms have been settled between Singapore-listed energy firm KrisEnergy Ltd and the Cambodian government to pave the way towards a production-sharing agreement for the...

Increase In Cambodia-UK Trade Expected After Brexit

Trade between Cambodia and the United Kingdom is expected to increase after Britain’s exit from the European Union, according to the British Ambassador, saying...

Draft Law To Help Protect Cambodian SMEs, Regulate Trade Flows

The Council of Ministers on Friday adopted a draft law on trade remedies to protect local producers, businesses, enterprises and foreign businesses operating in...

World Economic Forum On ASEAN Comes Into Focus

Sim Sokheng, the director-general for International Trade at the Ministry of Commerce, revealed last, Tuesday that discussions on trade and industrial development will be...

GI Status In Thailand Granted To Cambodian Pepper, Palm Sugar

Kampot pepper and Kampong Speu palm sugar have been awarded Geographical Indication (GI) status in Thailand, under efforts to prevent unscrupulous traders passing off...

Cambodian Beer Brands Brewing Up Stronger Advertising Budgets

Television and print advertising by beer companies in Cambodia rose by 19 percent last year to hit $3.3 million, according to estimates by regional...

Hun Sen Calls For East Timor To Be In World Trade...

Prime Minister Hun Sen yesterday called for East Timor to be made a member of the World Trade Organisation (WTO), so the country can...

Thai Firms Look To Plug Into Demand For Appliances In Cambodia

Thailand expects exports of electrical and electronic components and devices to Cambodia to grow to about $50 million this year due to high demand. Cambodia...

SME Confidence Falls As Big Business Stands Firm: Report

Cambodia’s business confidence index fell by seven percentage points from last year due to global competition, perceived political instability, and a bearish climate due...

Star Auto’s Mercedes-Benz Dealership Opening Next Week

Star Auto (Cambodia), the Kingdom’s authorised Mercedes-Benz general distributors, will officially open the doors of their new Phnom Penh Autohaus with a grand opening...

German Firm Signs Industry Pact With Kerry Worldbridge Logistics

Cambodia-based Kerry Worldbridge Logistics and InSITE Bavaria yesterday signed a memorandum of understanding (MoU) to conduct a feasibility study to develop the first German-Cambodian industry...

Economic Growth In Thailand For Q4 Falls Short Of Expectation

Thailand’s economy expanded less than expected in the last quarter of 2016 and the government left its forecast for growth this year unchanged, indicating...

First They Killed My Father Netflix Film Premieres In Siem Reap

The Cambodian premiere of First They Killed My Father took place at the Terrace of the Elephants at the Angkor Wat temple complex in...

A Question Of Ethics In the Cambodian IT Industry

The pervasiveness of software piracy in Cambodia and the lack of ethical behaviour in the industry is a theme raised repeatedly by our contributors...

Private Sector Struck By Electricity Costs, Say Industry Leaders

The high cost of electricity is draining the competitiveness of the private sector, industry leaders said during the Cambodia International Business Summit yesterday, while...

Investments In Cambodia Are Safe And Secure, Says Premier

As Cambodia prepares to host the World Economic Forum on ASEAN in May, Prime Minister Hun Sen yesterday made a global call for more investment...

New Generation Of Cambodian Shoppers Looking Past Brands

Cambodian millennials are not particularly loyal to brands, and actively seek out new shops and products that off a personalised experience, a study conducted...

Aid Agencies Agree To Help Grow Cambodia’s Agriculture Sector

The United States Agency for International Development (USAID) and the International Fund for Agricultural Development (IFAD) jointly agreed yesterday in an agreement to earmark...

Opportunities And Barriers In Cambodia’s Solar Market

by Adolfo Perez-Gascon “If countries here adopt clean energy, and they do it the right way, there’s hope for the world,” says Ken Bradley, a...

Chinese Company To Dive Deep Into Cambodia’s Fish Market

The Ministry of Agriculture, Forestry and Fisheries signed an agreement yesterday with China Ocean Fishing Holding Limited (COFL) to start a $100 million joint...

Siem Reap To Host LDC Roundtable Trade Meeting

Cambodia has been selected to chair the Global Coordination Bureau of the Least Developed Countries (LDCs), with Siem Reap hosting a roundtable meeting to...

Bangladesh Looking To Sew Up Better Trade Ties With Cambodia

The inaugural Bangladesh Trade and Investment Conference was held in Phnom Penh yesterday, with the South Asian nation looking to establish a joint trade...

Swedish Trade Deal Pursued By Cambodia

Cambodia is pushing Sweden to increase imports of its milled rice, with Prime Minister Hun Sen asking his Swedish counterpart Stefan Lofven at the...

Solar-Powered SEZ Planned For Kampong Chhnang Province

Tenants of an industrial park, to be built through a joint venture between Cambodian and South Korean investors on a 102-hectares plot in Rolea...

Car Sales Revving Up In The Kingdom

The sales of cars in Cambodia – both old and new – experienced a remarkable increase last year, with no signs of taking the...

SEARA Sports Offers Stand Up Health Solution For Office Workers

Sitting for the majority of the workday is what most office jobs afford – an accepted standard amongst professionals. But a wealth of reports...

Private Sector Gathers To Discuss Upcoming Minimum Wage Law

The upcoming Minimum Wage Law is likely to be adopted in a sector-by-sector basis, with construction and hospitality being the first industries affected by...

Contract Farming A Potential Saviour For Rice Farmers

The current struggles of Cambodia’s rice industry could be alleviated by a contract farming model, according to agricultural experts from Hong Kong-based independent think...

Coca-Cola Open New $100 Million Production Plant In PPSEZ

American beverage giants Coca-Cola officially opened their new $100 million production plant on Monday with a ceremony presided over by Prime Minister Hun Sen, who revealed...

Law Institution To Open In Cambodia For Chinese Business Arbitration

With Chinese-Cambodian relations continuing to prosper and Chinese investments pouring in to the Kingdom, a China-ASEAN Law Cooperation Institution will be opened in Cambodia...

Cambodia Showcases Opportunities For Chinese Investors

Representatives from over 200 Chinese companies attended the Cambodia-China Business Forum yesterday at Garden City Hotel on the outskirts of Phnom Penh to discuss...

Angkor Gold Agrees To Share Buyback

Canadian exploration company Angkor Gold announced this week that it agreed to an all-shares buyback of the net smelter return (NSR) interests on the...

Vietnamese Oil Firm Will Enter Next Exploratory Phase As Scheduled

A government official announced yesterday that PetroVietnam Exploration Production Corporation (PVEP) remains on track to fulfill its agreement to explore Block XV in Kampong...

Cannabis Crops Could Save Cambodia’s Agricultural Sector

With Cambodia’s traditional cash crops struggling to compete in the global market, harvesting and exporting commercial cannabis could be the solution the Kingdom’s troubled...

Chinese Group To Invest $1.5 Billion In Phnom Penh Satellite City

A $1.5-billion deal is being prepared for signature between Cambodian conglomerate LYP Group and China Minsheng Investment Group (CMIG), which will see the development...

GE Looks To Power Up Cambodian Electricity Supply

Cambodia’s goal of total nationwide electrification and carbon emission reduction of three million tonnes annually by 2035 will be kept firmly on track by...

The Spice Is Right For Vast Mondulkiri Pepper Plantation

A 1,000-hectare estate in Mondulkiri province is being developed by Welt Bio Co Ltd, a wholly-owned local subsidiary of South Korean confectionary giant Sam...

Delay Loan Repayments For Rice Farmers, Asks PM

A slowdown in demand for paddy rice on the global market has seen prices drop in Cambodia, with Prime Minister Hun Sen calling on...

Steel Mill Discussed For Sihanoukville Industrial Park

Sihanoukville Special Economic Zone (SSEZ) may play host to a new steel mill built and run by a Chinese company, SSEZ’s marketing department chief...

Cambodia’s Financial Sector Assisted By ADB Loan

Cambodia’s financial sector was given a boost on Friday following the approval of a $40 million loan and a $600,000 technical assistance grant by...

Growth To Continue In Cambodia’s Manufacturing Sector

The number of new factories opening in Cambodia during the first nine months of 2016 has risen by 11 percent compared to the same...
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