The National Bank of Cambodia (NBC) is requiring financial institutions to gradually phase in a higher liquidity coverage ratio (LCR) to ensure sustainable growth in the industry and avoid crises.  ...

The Environment Minister instructed his staff to cooperate with relevant ministries and institutions to improve management in the sector at the closing of the ministry’s annual meeting on Monday. ...

he upcoming 4th Summit of Conference on Interaction and Confidence Building Measures in Asia (CICA) in Shanghai, China is crucial to building trust, peace, security and stability in Asia, Cambodian experts said. “The conference is vital to building mutual confidence and closer partnerships among countries in ...

More than two weeks after a ban on sending maids to Malaysia began, work on a bilateral agreement that would protect Cambodian maids working in Malaysia has not begun, officials said yesterday. Ho Vuthy, deputy director general at the Ministry of Labor’s department of labor, said ...

The Royal Government of Cambodia has deposited their instrument of ratification to the Association of Southeast Asian Nations (Asean) Framework Agreement on visa exemption for Asean nationals last week with Surin Pitsuwan, secretary-general of Asean, in accordance with the Article 8 of the agreement The agreement ...

Independent labour unions will take part in the Ministry of Labour’s Labour Advisory Committee (LAC) meeting today, possibly making their decision on next year’s minimum wage in Cambodia’s garment sector. NIFTUC and the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) considered boycotting the LAC ...

Mobile phone call promotions undercutting the government’s minimum pricing regulations are to be outlawed – again. Minimum charges will be applied to mobile phone calls from on Thursday with the return of the Telecommunication Regulator of Cambodia’s (TRC) rules on call tariffs, the regulator confirmed yesterday. On ...

A price has been set for Phnom Penh Water Supply Authority’s initial public offering, according to the Securities and Exchange Commission of Cambodia, after what was reported to be a significantly oversubscribed book-building process. PPWSA will sell for 6,300 riel, or US$1.57, a share, putting the ...

Prime Minister Hun Sen yesterday announced he would be personally helping the families of 100 dead veterans every year and called on others to offer financial help, according to reports. ...

Banks and financial institutions are urged to provide more support to small and medium enterprises (SMEs), especially those owned by women, as access to capital remains a major obstacle for their growth. ...

Minister of Interior Sar Kheng on Wednesday said there are still thousands of Cambodian migrant workers in Thailand who have not received the full legitimate rights that could protect them from abuses. This, he said was despite the two countries having laid out procedures and ...

Government officials and private sector leaders on Friday reiterated their calls for all small and medium-sized enterprises to join the regulatory fold. Public officials and representatives of employers’ organisations assured business owners that the recently announced tax incentives are not a “trap” and that registering ...

Deputy Prime Minister and Minister of Interior Sar Kheng has instructed owners of residences throughout the Kingdom to report the presence of all foreign tenants. In a letter dated Friday, Sar Kheng said the ministry had noticed that many residence owners had failed to duly ...

Deputy Prime Minister and Minister of Interior Sar Kheng embarked on a five-day official visit to Turkey on Sunday at the invitation of his counterpart there. During his visit, which ends on Thursday, Sar Kheng is due to meet Turkish Minister of Interior Suleyman Soylu, ...

Seventeen families from Phnom Penh’s Meanchey district, who claim they have lived in the area for two decades and are Cambodian by birth, protested against district authorities on Wednesday for designating them as Vietnamese immigrants. The families, from Chak Angre Krom commune’s Tuol Roka village, ...

The Minister of Health has instructed all health departments to completely eliminate illegal medical practitioners in order to ensure that only proper treatment is provided across the Kingdom. Speaking during the Roundtable Forum on Hepatitis C at the University of Health Sciences in Phnom Penh on ...

Thailand has agreed to relax enforcement against expired documents held by migrant Cambodians, which become invalid when they switch jobs without their previous employer’s written consent. ...

Four years after Prime Minister Hun Sen personally outlawed the practice of Cambodian women traveling to Malaysia to work as domestic servants, the two countries have agreed to restart the maid trade, according to a statement released by the Labor Ministry on Thursday. ...

The Foreign Ministry announced on Saturday the rescue of eight trafficked Cambodian women who worked either as maids in Malaysia or were tricked into becoming brides to men in China.of the eight women, five worked as domestic workers in Malaysia and three were married off ...

The Ministry of Social Affairs yesterday issued a new sub-decree ordering all orphanages to get a permit, submit to inspections and limit the conditions under which children can be admitted.According to many experts, including Social Affairs Minister Vong Soth, orphanage care does more harm than ...