News

Economic land concessions to be taken from firms that break rules

Companies that transfer their land holdings to another firm in violation of government policy will have their concessions stripped from them, the Agriculture Ministry has said. Keep reading ...

Cambodian youths urged to prepare for ASEAN integration

Cambodian deputy prime minister and foreign minister Hor Namhong on 30 August urged youths, who represent about 35 percent of the country’s population, to prepare themselves for an ASEAN Community, which will become a reality by the end of 2015. Keep reading ...

Government land sector reform paper to tackle poverty, food security

The government has hailed its track record on land policy reform as it approved a new “white paper” on the subject, although activists doubted authorities’ willingness to tackle Cambodia’s myriad ongoing land disputes. Keep reading ...

Gov’t warns of lawsuit over new illegal logging report

Environment and agriculture ministry officials 26 August warned the authors of a new report accusing the government of colluding with timber magnate Try Pheap to illegally log the protected forests of northeastern Cambodia that they could be sued unless they made changes to the text. Keep reading   ...

Cambodian property hotter than ASEAN average ahead of AEC

With the ASEAN Economic Community (AEC) set to commence at the end of this year, promising deeper cross-market potential for property investment, the region as a whole is experiencing a cooling effect—with the exception of Cambodia, which shows strong growth numbers according to property consultancy ...

Thailand to restore rail link with Cambodia

Thailand is hoping to resurrect a rail link with Cambodia to improve transport in the Mekong sub-region, Prime Minister Prayut Chan-o-cha said on 27 August. Keep reading ...

Gov't eyes industrial expansion

In search of Cambodia’s next economic growth driver, the government on 26 August laid out the Cambodia Industrial Development Policy 2015-2025, which aims to expand the Kingdom’s narrow industrial base beyond garments and rice. The new policy, launched by Prime Minister Hun Sen at the Peace Palace ...

Watching markets from the sidelines

As Chinese markets plunged 8.49 per cent on 24 August sending jitters across global indices, industry insiders were cautious about its potential spillover effects into Cambodia, suggesting a wait-and-watch approach to its impact on foreign investment, tourism and the construction sector. Jay Menon, lead economist for trade ...

Phnom Penh battles blazes

A rash of fires ripped through the capital on 24 and 25 August, with the most devastating one destroying 36 houses across a packed slum next to the Monivong bridge in the southern district of Chbar Ampov. The Chbar Ampov fire began to burn at about ...

Labour shortages in Sihanoukville

Aiming to one day become a major manufacturing base in Cambodia, Sihanoukville faces an uphill battle in attracting workers, provincial officials have said. Yow Khemara, director of the Department of Labour and Vocational Training at Preah Sihanouk province, said Sihanoukville currently lacks about 4,000 workers in ...

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