Business

Taxi and bus companies were at the peak of their annual Khmer New Year price hike over the past two days, with some almost doubling their fares as they looked to cash in on a spike in demand from travelers leaving Phnom Penh. 

April 15, 2014

Cambodia is predicted to produce a record rice crop this year, according to the U.N.’s Food and Agriculture Organization.

April 15, 2014

Minister of Foreign Affairs Hor Namhong met with Brunei’s ambassador and urged the oil-rich nation to buy more Cambodian milled rice.

April 11, 2014

Mobile network provider Emaxx has pulled out of the retail sector and entered into a joint venture with a Hong Kong company to invest up to $148 million in strengthening Cambodia’s communications infrastructure.

April 10, 2014

Imports of cars and motorbikes increased by nearly 20 percent in the first two months of the year, compared with the same period last year, amid efforts by the Phnom Penh municipality to cut down on worsening traffic congestion in the city.

April 9, 2014

A new mobile application that connects people looking for transportation with drivers will soon be available in Phnom Penh, the Singapore company that makes the app said Tuesday.

April 9, 2014

Cambodia’s rice exports have dropped as demand from Thailand plummets following the collapse of the country’s state-buying rice plan. The Thai government is selling its stockpiles at a price that’s undercutting its Asian competitors, industry experts said Monday.

April 8, 2014

The sole retailer of Mercedes-Benz cars into the country, Hung Hiep (Cambodia) Co., has suspended imports since January over what it claims is a new import duty on luxury cars coming into the country.

April 8, 2014

The World Bank expects Cambodia’s economy to grow 7.2 percent this year, driven primarily by expansion of the country’s garment and tourism sectors, a slight slowdown from 2013, when growth reached a six-year high of 7.4 percent.

April 7, 2014

With a week to go before Khmer New Year, about 80 drivers from the Phnom Penh Sorya Transportation company Thursday took the keys to their buses and went on strike for higher wages, forcing the firm to scramble to find replacement drivers and vehicles.

April 4, 2014
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