Canadia Bank PLC and Cambodia’s postal service are expected to open a commercial bank next month with financial backing from one of Singapore’s largest financial institutions, officials and sources with knowledge of the venture said Thursday. The bank, known as Cambodia Post Bank PLC, will provide ...

Union officials fear violence that occurred at two separate rallies in front of the SL Garment Processing (Cambodia) Ltd factory last week will continue at one scheduled this morning. About 10 SL strikers were injured during demonstrations on Thursday and Friday, when uniformed and plain-clothes SL ...

Only about 10 per cent of Cambodia’s workforce is being granted paid annual leave, a report released last week says. Under the 1997 Labour Law, workers who work a standard 48-hour week are entitled to 18 days of paid annual leave, in addition to one day ...

Overall revenue from Cambodia’s booming tourism sector reached $2.5 billion last year, according to Tourism Minister Thong Khon. Khon said in an interview on Tuesday that the figure, which does not reflect the amount the state collected in taxes on the sector, marked a 15 per ...

Cambodia’s stock exchange will receive a $2.5 million funding injection from the South Korean government in an attempt to draw more corporate interest from companies who may want to go public, according to a recent report on state media site AKP. The funds will go towards ...

Cambodia has invited resource-rich Azerbaijan to help develop Cambodia’s prospective oil and gas industry, Commerce Minister Sun Chanthol announced during a high-level visit to the Caucasian country on Tuesday, according to Azerbaijani media reports. Mr. Chanthol laid out a goal to achieve an overall trade ...

Grand Twins International (Cambodia) Plc., a manufacturer of clothes for U.S. athletic brands, on Monday will begin recording investor demands to determine the price for an initial public offering (IPO) as part of the last steps to list on the Cambodian Stock Exchange (CSX), though ...

The Cambodian government has approved 53 new garment and footwear factories, worth an estimated US$338 million, during the first half of this year, compared with 38 last year valued at $180 million, despite the increase in the number of strikes affecting the industry. Officials and industry ...

The government has disbursed more than $4.5 million to boost aquaculture production and domestic market supply amid the Covid-19 pandemic. Minister of Agriculture, Forestry and Fisheries Veng Sakhon told The Post on Monday that in boosting agricultural production, the ministry has received financing from development ...

The Club of Cambodian Journalists (CCJ) bestowed awards on five journalists for their Covid-19 reporting at a ceremony on Monday. Sao Sok Eng, a journalist from thmeythmey.com, took home the top prize. Mao Samnang, from the TV station PNN, came in second. Mom Kunthear, a former ...

The Securities and Exchange Commission of Cambodia (SECC) on January 5 approved in principle a handful of applications for licences. In a press release on the minutes of an SECC meeting led by chairman and Minister of Economy and Finance Aun Pornmoniroth, the securities regulator ...

On 05 June 2022, the National Election Committee issued a press release on​ the preliminary results showing that 80% of the people went to vote.The National Election Committee (NEC) held a meeting with stakeholders on the summary of general events of the 5th Commune / ...

On 5 July 2024, the Office of the Council of Ministers issued a press release on the outcome of the plenary session of the Council of Ministers on their official social media site. According to the press,​ Samdech Moha Borvor Thipadei HUN MANET, Prime Minister ...

In terms of attractiveness, one of Cambodia’s assets is the relative absence of intense development along its coasts, in comparison with neighboring countries. The 440 kilometer-long coastline includes a large area of non-urbanized zones, where locals can make their livelihoods from coastal resources. Cambodia’s coastline ...

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Prime Minister Hun Sen and a visiting top Chinese official on Saturday presided over the signing of 29 letters and memoranda covering a broad range of business and military deals, including a $195.5 million loan for Cambodia to purchase Chinese-made military helicopters. A summary of ...

Cambodia has lowered its economic growth projection from 7 to 6 per cent for 2011 after more than a month of flood devastation in the Kingdom and continued economic turmoil in the United States and Europe, Deputy Prime Minister Keat Chhon said yesterday. The full impact ...

Rice futures jumped the most permitted by the Chicago Board of Trade, advancing to a one- month high, as flood damage to crops in Southeast Asia boosted prospects for U.S. exports. Storms since September damaged 12.5 percent of paddies in Thailand, the world’s largest exporter, and ...

Cambodia’s biggest solar power initiative to date – expected to provide electricity to 12,000 households in off-grid areas – will be completed on January 31, according to officials involved with the project. Yiang Tal, chief of administration at the Rural Electrification Fund, said more than 10,000 ...

Whether it is dancing pop stars or plays on national pride, dramatically increasing budgets for beer advertising took Cambodia’s TV sets and public spaces by storm in 2011. Beer advertising surged 164 per cent year-on-year in 2011, according to data from Indochina Research Ltd, making it ...