Qatar’s ambassador to Cambodia says his country wants to open a bank here in an effort to enhance, and attract more, trade and investment from Middle East countries to the Kingdom. Bloomberg reported yesterday that Arqaam Capital, a Dubai-based investment bank, had said it was ...

Hotel transaction volumes in Asia hit US$620 million (Bt18.18 billion) in the first quarter, up 190 per cent from the same period last year, and properties in Southeast Asia are attracting investor attention, according to real-estate services company Jones Lang LaSalle. “Rising visitor arrivals, robust trading ...

Continuing its efforts to quell an increasing number of strikes in the Kingdom’s lucrative garment sector, the government this week issued a directive aimed at giving provincial and municipal governors powers to resolve issues at factories without calling on ministries in Phnom Penh. “To ensure further ...

Faced with widespread evictions and opaque private sector deals, activists in Cambodia are calling on the government to be more open and transparent about land concessions, beef up mechanisms for resolving land disputes, and abide by the rule of law. It is estimated that ...

Despite criticisms over safety, outbreaks of sometimes violent industrial action and a raise in the minimum wage that it was warned would scare off manufacturers, Cambodia’s garment sector is booming, according to government figures. A report on state newswire Agence Kampuchea Presse (AKP) on Friday said ...

A father whose three children were badly beaten by employees of a rubber plantation has accused a Ratanakkiri Provincial Court judge of threatening to send two sons, aged 14 and 21, to jail unless they accept $1,000 in compensation and drop the assault complaint. Ry Saron ...

Prime Minister Hun Sen signed off on a directive last week to trans­fer 11 government bodies, previously overseen by Cabinet Minister Sok An, to relevant ministries and institutions, further cutting the expansive portfolio of the deputy prime minister in the wake of July’s national election. ...

Naming and shaming factories that fail to ensure a basic standard of conditions for their workers is starting to improve standards in the crucial garment sector, according to the international Labor Organization (ILO), but persistent offenders remain. Nine factories are included in the “lowest compliance” category ...

The documents concern a court case brought by representatives of Hong Kong-based Enviro Group Holdings Limited who are suing John Davies and Lim Lian Tho – both former company directors of Phnom Penh based subsidiary Enviro Corporation (Cambodia) Ltd – and Mark McCluskey, a lawyer ...

Six additional economic land concessions have been granted, totaling 46,000 hectares in protected areas. As a means to spur agribusiness companies the concessions include two in Phnom Aural Wildlife Sanctuary in Kompong Speu province. Prime Minister Hun Sen signed in the grants on June 3 ...

In Svay Rieng provInce villagers are In their fourth day of protests after authorities refused to meet with them to discuss a land concession that Metapheap Company has received In order to open a rubber plantation. The company was granted a 1,230 hectare land concession ...

Cambodia has seen an increase in the number of tourist during the first six months of the year of 13 percent according to the Ministry of Tourism. increased direct flights to Cambodia are cited as the explanation for the increase. Tourists have been coming from ...

Vietnamese company FPT Telecom aims to extend operations to the Kingdom, after its attempted acquisition of Vietnam’s EVN Telecom fell through. FPT Telecom “has plans to expand business in Cambodia, but all is in discussion”, a spokesperson said late on Monday, declining to comment further. ...

The second mass fainting to hit a factory in Kampong Chnnang that supplies knitwear for H&M this week has prompted intervention from provincial labour officials and an investigation by the Swedish-based company. The international Labour Organisation, which monitors the M&V factory where as many as ...

ABF Freight System Inc. on Monday announced it had opened offices In Indonesia, Japan, SIngapore, South Korea, Malaysia, Vietnam, Thailand, Cambodia, Myanmar, the PhilippInes, India and Sri Lanka. The locations are In addition to ABF offices In ChIna, Hong Kong and Taiwan, ABF said In a ...

Zhen Yong Garment Factory Co Ltd has agreed to some of the demands of about 400 workers who went on strike last week, including paying annual bonuses early next month Prum Veasna, deputy of the labor dispute department at the labor ministry, said yesterday that the ...

Foreign visitors to the 11th-century Preah Vihear temple, on the Cambodian-Thai border, rose almost 78 per cent between January and October compared with the same period last year, despite a deadly border dispute that drew international attention in February. About 2,140 foreign nationals visited the 1,000-year-old ...

A group of highly organized criminals have been installing devices into ATMs around Cambodia capable of copying card details and stealing thousands of dollars of cash from customer bank accounts. Canadia Bank and ANZ are among the banks that have been targeted by the gang, who ...

Canadian firm Manulife Financial plans to set up one of Cambodia’s first life-insurance operations, the company said yesterday. The Ministry of Economy and Finance had approved “in principle” the investment, which a spokesperson from the company said would be at least US$7 million ...

The government was urged yesterday not to start sending domestic helpers to Malaysia again until it had a Memorandum of Understand with Kuala Lumpur guaranteeing protection of Cambodian migrant workers there. Ya Navuth, executive director of Coordination of Action Research on Aids and Mobility, also said ...