The U.N. refugee agency warns the number of people forcibly displaced from their homes is likely to exceed 60 million in 2015.The UNHCR has released its Mid-Year Trends 2015 report covering global forced displacement during the first six months of this year. ...

OSK Holdings Berhad and RHB Capital Berhad have announced the signing of a conditional share purchase agreement to merge their investment banking operations, creating the largest investment bank by assets in Malaysia, an official press release said.   ...

Four workers have gone missing after the collapse of an in-progress hydropower dam in Western Cambodia, apparently due to a leak in the structure. The Associated Press reports that the Saturday collapse occurred at the Stung Atay Hydroelectric Project, a $255-million dollar dam on the Atay ...

More than 17,000 hectares of land inside the Phnom Oral Wildlife Sanctuary have been awarded by Prime Minister Hun Sen to companies for for agroindustrial development. Two concessions were made of 9,059 hectares and 8,591 hectares in the Trapaing Chor and the Omlaing communes. The ...

All but a handful of foreign journalists on staff at The Phnom Penh Post, Cambodia’s last remaining independent daily newspaper, resigned on Wednesday. Citing differences over the meaning of “editorial independence,” they quit within days after new owners fired its editor-in-chief who refused to remove a published ...

In April, Chut Wutty was shot to death in the Cambodian forests he was so outspoken in defending, a slaying that outraged human rights activists suspicious of the conflicting explanations given by police. His death appears to be part of a chilling trend. Growing numbers of activists ...

More than 200 Cambodian garment workers have been hospitalized after episodes of mass fainting at three factories this week, highlighting problems within an industry that is critical to the kingdom’s fledgling economy. The plants all make clothes for brands such as sportswear giants Puma SE and Adidas. Both ...

One of Malaysia’s biggest investment banks, RHB Capital, announced it will acquire OSK Indochina Bank, via the transfer of 100 per cent of OSK Investment Bank shares from parent OSK Holdings, giving OSK Holdings a 10 per cent stake in the larger Malaysian RHB Capital ...

Cambodia’s stock market, which is set to open next week after several delays, may be able to lure five-to-10 initial public offerings a year, according to Korea Exchange Inc., the Cambodian government’s partner in the bourse. State-owned Phnom Penh Water Supply Authority (PPWSA) will start trading ...

Europe’s largest manufacturer of two-wheeled vehicles, Italy’s Piaggio, will return to Cambodia in September, being absent since the Khmer Rouge takeover. Vespa Cambodia Co Ltd, part of Narith Long’s Narita group, signed an exclusive distribution agreement with Piaggio last month to distribute its Piaggio scooters, ...

The largest bank in Cambodia, Acleda Bank Plc, has extended its mobile banking and payments service to consumers without an existing banking relationship of any kind, according to a press release by global technology provider Fiserv. Established in 2010, Acleda Unity now reaches untapped consumer segments using ...

Am Phalla sits outside the factory gates of apparel maker Shen Zhou (Cambodia) Co. Ltd., sharing a lunch of rice, vegetables and fried fish with coworkers. She has been sewing clothes at Shen Zhou for a little less than a year, but is unaware that the ...

Prime Minister Hun Sen’s nephew Hun To has emphatically denied all allegations published by Australian newspaper The Age about his involvement in a heroin-trafficking and money-laundering syndicate targeting Australia. Hun To, whose wife and children reside in Melbourne, Australia, told the Post yesterday that he plans ...

Prime Minister Hun Sen will be opening the 44th ASEAN Economic Ministers Meeting and related meetings will kick off August 27 in Siem Reap, the centre of Khmer culture and civilization in Cambodia, and will run to September 1, according to the Ministry of Commerce. The meeting ...

President Hu Jintao today becomes the first Chinese head of state to visit Cambodia in 12 years, in a trip days before Southeast Asian leaders gather for talks that may touch on territorial disputes in the South China Sea. Hu’s visit, which lasts until April 2, ...

The controversial Xayaburi hydro-electric dam project in northern Laos may have already begun, despite countries, including Cambodia, requesting further studies to assess possible negative effects on Lower Mekong communities.Thai development firm Ch.Karnchang said it was due to begin building the dam on March 15 after finalising a ...

Earlier this week, Cambodia’s Ministry of Education Youth and Sports (MoEYS) held a second high school exam to provide a second chance for the over 70 percent of 93,000 high school students who failed to pass the first annual national high school exam, held in ...

// // // // An Immigration Department official yesterday confirmed that foreigners requesting a long-term extension of their business visas would need to produce a work permit, with implementation of the rule starting September 4.    ...

The Permanent Mission of Cambodia to the United Nations in Geneva shot back at the UN human rights office (OHCHR) yesterday for criticising what it characterised as the Kingdom’s deteriorating political climate, claiming the criticism was “unverified” and “politically motivated”. // //   ...

The Cambodia Daily yesterday said it was under “siege” and continued to call the government’s targeting of the newspaper an attack on press freedom, as five radio station owners that had been ordered to shut stop attempted to resume their services. // //   ...