News

A modest increase in the inflow of foreign direct investment is a sign that Cambodia remains an attractive destination to investors, and will go a long way toward the country’s development, analysts said on August 31. Total capital inflow of foreign direct investment to Cambodia amounted ...

The government of India yesterday approved the creation of a project development fund of about $75 million to help Indian firms invest in Cambodia, Laos, Myanmar and Vietnam ‒ the so-called CLMV countries. “The project development fund will benefit India’s industrial community in terms of business ...

In recent months Prime Minister Hun Sen has made an effort to show that the government has a handle on the voracious deforestation that has ravaged the country’s forests over the years. Yet his speeches and decrees have done little to slow down, much less ...

About 40,000 Battambang rice-farming families already suffering steep losses from a severe drought are at risk of seeing their crops wiped out entirely by devastating floods as late seasonal rains start to kick in. A drought that meteorologists have blamed on the tail-end of an El ...

Two months since a group of angel investors visited Phnom Penh in search of startup investment opportunities, the organisation behind the initiative is planning an even bigger scouting mission, looking for investment opportunities in the Kingdom’s small but vibrant startup community. Seven members of the Mekong ...

The number of Cambodian women now thought to be caught in Saudi Arabia’s sex industry after being trafficked in the past year has risen to more than 20, officials said on August 24. However, the government remained tight-lipped about its efforts to rescue the women, while ...

Government officials and union groups on August 23 cast doubts on the findings issued by the industry body for the nation’s garment and footwear manufacturers, challenging its claim that mounting investor concerns had forced dozens of local factories out of business and resulted in a sharp ...

In a bid to diversify its revenue stream, Phnom Penh SEZ will restructure its business model by injecting capital into building its own factories that can be leased to tenants of its flagship industrial park, a company representative said on August 23.“Right now, 90 per ...

A government announcement that it will promote the replanting of trees in areas reclaimed from unused economic land concessions has drawn a broadly positive response. But Buntenh, a monk and environmental activist, on August 22 said that while the idea was good, it was not clear ...

Cambodia’s impressive tourism growth has seen new records set year after year at the Kingdom’s three international airports. Cambodia Airports, the French majority-owned company that operates these airports, recently completed major expansions at Phnom Penh and Siem Reap to accommodate the anticipated growth in tourist ...