Cambodia’s draft budget law for 2012 will seek to increase concessional borrowing by about 75 per cent compared to 2011, according to a copy of the draft obtained by the Post. A lack of aid commitment may have led to the increase in proposed borrowing, experts ...

Some commercial banks could increase loans to the agricultural sector this year, according to industry insiders who cited improvements in the sector and a rise in crop prices. Cambodian farmers lack the capital needed for inputs such as seeds and fertiliser, while domestic rice millers often ...

Cambodia’s tertiary system is not producing enough of the right type of graduates to meet the economy’s demands, says a report launched by the World Bank last week. The 222-page report, titled “Putting Higher Education to Work”, states that “quantity gaps are particularly strong in ...

Eight SET international (SI) schools have closed nationwide over the past two months because of financial problems, and the remaining two schools in Phnom Penh and Kompong Chhnang provinces also appear poised to shut their doors soon, a Ministry of Education official said. The abrupt closings ...

Cambodia approved $1.2 billion in investments from China in the first six months of the year, a 104 percent increase in the amount of Chinese money set to flood into the economy compared to the same period last year, the Cambodian Investment Board said. The ...

The government has granted more than 7 million hectares of land to private companies through concessions since 2008, with 222 private companies claiming more than 2 million hectares alone in economic land concessions, rights group Adhoc said yesterday. Ouch Leng, head of Adhoc’s land program, said ...

More than 300 demonstrators yesterday marked the third anniversary of the forced eviction of Phnom Penh’s Dey Krahorm community, one of the city’s most violent land evictions. Five international rights groups also sent a letter to Prime Minister Hun Sen urging the government to stop land ...

The Cambodian Legal Education Center (CLEC) is “extremely concerned” after an investigation following a mass fainting last month at Nanguo garment factory in Preah Sihanouk province last month found that at least one to two workers are fainting daily in eight factories in the province. ...

Australian newspaper The Age alleged yesterday that Australian authorities have linked Hun To, a nephew of Prime Minister Hun Sen, to a crime syndicate involving heroin trafficking and money laundering. According to The Age report, Australian police were planning to arrest Mr. To in Melbourne but ...

Greater connectivity between Japan and Cambodia is tightening economic links between the two countries while catalysing Japan’s ambitions to develop a chain of industrial complexes that cut a tract through the Lower Mekong region. Officials at Japan External Trade Organisation (JETRO), Japan’s development agency, say ...

India is considering establishing a cashew nut processing factory in Cambodia to curb exports to India from third countries, according to officials at the Indian embassy. Dinesh Patniak, the ambassador to Cambodia, said Cambodia produced a lot of cashew nuts that were sent to Vietnam for ...

Siam Cement Group (SCG), the country’s top industrial conglomerate, says its logistics unit will cover Asean and southern China within five years, partly through mergers and acquisitions. Kan Trakulhoon, the president and chief executive, said the expansion will accommodate growing regional trade under the Asean Economic ...

More than 3,100 families have now been evacuated from their homes as flooding spreads in Banteay Meanchey province, the deputy head of the National Committee for Disaster Managment (NCDM) said yesterday. About 3,000 of those families have been evacuated from Poipet City alone, and another 148 ...

Three Thai convicted of imprisoning three other Thai and two Chinese nationals over debts owed to a Poipet City casino asked the Appeal Court yesterday to reduce their 25-year prison sentences. The defendants-Chelao Keutthang,42; Chanadet Chareunsuk, 28; and Narungvit Cheuman, 28-were arrested in November 2009 when Banteay ...

Social work, long-established in developed countries but unheard-of in Cambodia, could be set to change the face of child protection in the country as interest in the field grows. Last week, a hundred potential social workers from around the country came to Phnom Penh for an ...

Violence erupted yesterday morning during a long-running protest at a Phnom Penh factory that produces clothing for international brands H&M, Gap and Levi Strauss when about 1,000 workers broke the factory’s gate and started hurling rocks to break its windows, protesters and military police officers ...

Opposition lawmaker Mu Sochua departed for the U.S. yesterday in hopes of pressuring Washington into suspending all military aid to Cambodia over the government’s use of soldiers to defend the land holdings of powerful business families. “We have enough evidence that soldiers are providing protection to ...

A union representative was beaten with electric batons and arrested by police in Phnom Penh yesterday after more than 20 garment workers marched to submit a petition to Prime Minister Hun Sen’s Cabinet. The petitioners, workers at the Tai Yang garment factory who belong to the ...

A report from the Tourism Ministry in Cambodia recently informed that the country witnessed a huge inflow of 2.57 million tourists in the period between January and September of this year. This is an increase of 24 percent in comparison to the same period in ...

Garment and footwear exports from Cambodia increased 15.29 percent to $1.29 billion in the first three months of the year compared to the same period in 2011, according to figures released yesterday by the Ministry of Commerce. While exports to the European Union rose 46.76 percent to $376.14 million in ...