Cambodians can now invest in gold through one of the Kingdom’s Malaysian-owned banks, CIMB. The investment product has been met with mixed reviews from experts, but could tap a popular and traditional means of investment. CIMB’s Gold Deposit Account would give customers a gold-backed investment option without ...

An employers and businesses federation that took out paid newspaper advertisements claiming Cambodia’s workers have no fundamental right to strike has hit back at the International Labour Organization (ILO), asking it to retract comments it made in response to the ads. Last week, the Cambodian Federation ...

Construction crews will break ground this weekend on a new walkway overpass alongside Olympic Stadium as part of the Olympia City development project. The Overseas Cambodian Investment Corporation (OCIC) and a municipal crew will begin work on the walkway, which will be at a five-way ...

The French government has provided $50.9 million as grant aid and loans to Cambodia for clean water and hygiene in the provinces and to enhance capacity in the education sector.According to a statement from the Finance and Economy Ministry on Wednesday, the French government granted ...

French government through French development agency will give $74million loan to Cambodia to support social and economic development in the kingdom, according to a senior official said today. Director General of French Agency for development (Agence Française de Développement -AFD) Mr Dov Zera will travel to ...

Prime Minister Hun Sen has slammed the opposition for claiming the government forced a group of Cambodian exchange students studying in France to meet with him.A Cambodian radio station in France said the Cambodian embassy was forcing students to meet the prime minister at Maison ...

More than 100 men, women and children rounded up from Phnom Penh’s streets last week remained in detention yesterday at the notorious Prey Speu Social Affairs Centre, with orders from City Hall to keep them there indefinitely. The detainees – who authorities say are either homeless, ...

Bavet city officials ordered a deputy village chief to offer two victims of the Feb. 20 shooting in Svay Rieng province cash or a motorcycle in return for them not filing a court complaint against the man who shot them inside a special economic zone. ...

The Kingdom’s first initial public offering is fast approaching, and demand is expected to be robust. Book-building, the process during which bids for the IPO are taken and a price is set for shares, ended yesterday. The final offering price is expected before the subscription for ...

NagaWorld Company, which is the sole licensed casino operator in Phnom Penh, has reportedly purchased 30 buses ...

Cambodian police, prosecutors and policymakers were hosted in Washington recently by the US government, as part of America’s efforts to support the drafting of the Kingdom’s controversial cybercrime law. ...

The Ministry of Tourism is to collaborate with Yunnan’s Tourism and Vocational Training Institution to develop human resources in tourism and seek the methodology to attract more Chinese tourists to visit Cambodia. ...

The National Bank of Cambodia rolled out a new mechanism yesterday that offers immediate liquidity to financial institutions to cover their payments and reserve obligations, while giving the central bank greater control over the country’s money supply and moving toward the establishment of a benchmark ...

Workers from the Pou Yuen Cambodia garment factory in Sen Sok district yesterday protested outside the premises after the management decided to offer them only three-month contract extensions. ...

In an effort to help small and medium-sized rice millers and exporters that are presently unable to provide suitable collateral to qualify for the government’s emergency $27 million rice loan, the National Bank of Cambodia (NBC) has joined with the Cambodia Rice Federation (CRF) to ...

T-Shop Cambodia, a Phnom-Penh based electronics and gadget shop founded in 2012, has announced that due to nationwide interest it is offering franchise options, with two already sold. This makes it the first Cambodian-owned business to sell franchises, according to CEO Bung Hor. ...

During the inauguration of a pagoda in Prey Veng on Friday, Prime Minister Hun Sen announced he will send several advisers to Myanmar to share lessons from his “Win-Win” policy, which he credits with ending Cambodia’s civil war. ...

Indonesia will soon sign a contract to import 100, 000 metric tones of rice from Cambodia over the next 5 years On his part, Hun Sen invited Indonesian Investors to invest in poor harvest businesses such as rice hulling in Cambodia ...

Thailand’s GL Finance Plc. launched its business in Cambodia on Friday by opening eight branches in Phnom Penh and Kandal province that will operate hire purchase operations out of Honda motorcycle dealership. Speaking during the opening ceremony for its branch in Phnom Penh’s Prampi Makara district, ...

A new made-service company that claims to be the only one of its kind in Cambodia is offering an alternative employment option for the country’s many domestic workers who face insecure, and often abusive, workplace conditions overseas. Ming Hour Home Service, which opened in July, employs ...