Business

Cambodia’s first large-scale rice bank offering both financial and storage services launched on Thursday with the aim of keeping a crucial supply of paddy available for local millers and exporters.

August 29, 2014

European rice imports from least developed countries, mainly Cambodia, have soared 51 percent over the last year, a figure that Italy’s National Rice Agency has labeled “troubling new data” in its battle to have tariff-free exports scrapped.

August 28, 2014

Taiwanese businesses looking to invest in Cambodia are seemingly unfazed by Prime Minister Hun Sen’s promise last month to block plans for a Taiwanese trade office in Phnom Penh in solidarity with Beijing.

August 27, 2014

An international agriculture NGO is preparing to roll out a nationwide project in partnership with computer-chip maker Intel whereby more than 25,000 farmers will be able to receive real-time advice on farming methods via a smartphone app.

August 26, 2014

Local agriculture firm SLN Meat Supplies will be the first Cambodian company to import live cattle from Australia after health protocols between the two countries were finalized earlier this month.

August 22, 2014

Cambodia Bayon Airlines, China’s first airline established overseas, marked its official opening in Phnom Penh on Thursday, with officials touting the venture’s potential to advance relations between the two countries.

August 22, 2014

Cambodia’s gross domestic product is predicted to rise by nearly 20 percent over the next decade following its integration into the Asean Economic Community starting in 2015, according to a report released Wednesday by the International Labor Organization.

August 21, 2014

CPP Senator Ly Yong Phat on Monday denied long-running claims, reportedly repeated by a local NGO last week, that he has any interest in sugarcane plantations in Koh Kong and Oddar Meanchey provinces, which are accused of stealing land from local farms and other rights abuses.

August 20, 2014

Prime Minister Hun Sen on Monday predicted an 8.3 percent increase in per capita gross domestic product this year, a figure that is significantly higher than the estimates of international banks and, experts say, belies the fact that a large portion of the population remains on the verge of poverty.

August 20, 2014

Singaporean-based gas firm KrisEnergy, which last week acquired Chevron’s interest in Cambodia’s offshore oil block, announced Monday it is looking to raise $400 million through a debt issuance.

August 19, 2014
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