The price of rice and other goods in markets have fallen slightly in November.Inflation pressure has eased on Cambodia, but only a little, as the prices of international commodities and basic foods has slightly decreased, economists say. Government officials and analysts said the decrease, brought on by lower fuel prices and other...

Duch will also be charged with murder and torture for his role as chief of Tuol Sleng prison under the Khmer Rouge.Jailed Khmer Rouge prison chief Duch was handed two more counts in his atrocity crimes indictment Friday, but he was not charged under a legal principle that would link four other leaders to his alleged crimes. Chief judge...

Cambodia real estate values are in freefall, and officials may soon allow foreigners to purchase buildings, though foreign ownership of land is still out of the question. For more information, read the following article from Global Property Guide:Cambodia’s housing market is plummeting, and the government is considering a new law to allow foreigners to own buildings.In 2005, the government amended an investment law to allow foreign...

The World Economic Forum has announced 34 visionary companies selected as Technology Pioneers 2009 for their accomplishments as innovators of the highest calibre, and whose technologies will have a deep impact on business and society. The selection of these companies is the result of a vigorous selection process, for which the Forum received...

The current economic slump differs from the 1997 crisis in many aspects. But for Siam Cement Group (SCG), the country's largest industrial conglomerate, it is necessary to revert to a similar strategy: focus on fundamentals and beef up efficiency.Kan Trakulhoon, the SCG president and chief executive officer, said the group had revised its five-year business plan to shelve investment in peripheral businesses to consolidate its...

Cambodia's revolutionary faction Khmer Rouge has started laying out its economic plan with the creation of its own currency.It is also trying to establish autonomy in its present areas of control by bribing its people with lands to till. These developments come as a surprise toobservers as, ironically, the Khmer Rouge is well-remembered for its murderous regime and the abolition of its own currency. This could only mean that politically...