Orix COrp., Japan’s top leasing company, has agreed to buy a 6% stake in Cambodia’s largest bank by assets, Acleda Bank PLC, accOrding to people close to the matter. It would be the first investment by a majOr Japanese financial institution in the Southeast Asian country, ...

Phnom Penh City Hall issued a letter Monday banning a group of monks who have marched cross-country to mark International Human Rights Day from completing the final leg of their journey, in which they had hoped to hand petitions to lawmakers at the National Assembly ...

Prime Minister Hun Sen is scheduled to pay a three-day visit to Vietnam later this week, a move criticized by opposition officials who say the premier should stay in Cambodia to deal with the country’s ongoing political deadlock. “What is necessary at this time is to ...

The Council of Ministers has nullified a 2009 law that set minimum prices on telephone calls, paving the way for regulators to reset the country’s telecommunications prices, which industry executives say are too high. The law, Prakas 232, which has been widely flouted, set a minimum ...

Borei Keila residents on Thursday cast a symbolic curse on the people they say are responsible for making their lives a misery since violently evicting them from their homes two years ago. In the latest development in the long-running dispute, security guards and riot police last ...

As buyers swoop in to purchase Thai rice at garage-sale prices, Cambodian exporters are dealing with lower than usual rates, and the results are being felt all the way down the supply chain to the farmers themselves. New figures from rice industry publication oryza show that ...

U.N. Deputy High Commissioner for Human Rights Flavia Pansieri on Friday wrapped up a five-day mission to Cambodia, saying that she was concerned and “deeply saddened” by the violent beating of bystanders and journalists after a May Day gathering near a cordoned-off Freedom Park. In prepared ...

A revised free-trade pact between Japan and the Association of Southeast Asian Nations (Asean) facilitating the cross-border flow of services and investment came into force on Saturday. The deal took effect for Japan and five Asean members – Laos, Myanmar, Singapore, Thailand and Vietnam. The ...

Parts of Phnom Penh came to a standstill Sunday as security forces closed off major and minor roads with razor wire and metal barriers and at one point even denied an ambulance access to a local children’s hospital. The measures were put in place for the ...

It began in November of 2006 with a memorandum of understanding (MOU) between the Ministry of EcoNomy and Finance (MEF) and the Korean Exchange (KRX) titled “The Development of the Securities Market of Cambodia.” A further MOU between the parties in January, 2008 established the Cambodia ...

The National Election Committee (NEC) said Wednesday it will release final election results by September 8, while political parties and local authorities have filed a total of 14 reports on election-day irregularities since Friday. An NEC subcommittee will investigate the 14 reports, which include accusations of ...

A senior ruling party official yesterday accused foreign journalists and media outlets in Cambodia of interfering in the Kingdom’s governance and urging political instability. Speaking to reporters in the capital, Cambodian People’s Party lawmaker and National Assembly spokesman Chheang Vun said a number of journalists – ...

Dara Raksmey, the owner of a pharmacy of the same name on Phnom Penh’s Street 294, keeps a record of every can of Dumex baby formula she sells. “If you buy six large cans you get a scooter and if you buy 12 large cans you ...

The railroad networks in Cambodia and Thailand will be officially connected today in a ceremony presided over by the countries’ prime ministers. The Stung Bot-Ban Nong Ing Friedship Bridge will be inaugurated during the ceremony, which will also see the handing over of a diesel-powered ...

Minister of Interior Sar Kheng insisted on Tuesday that law enforcement agencies must leave no stone unturned in the search for the “masterminds” behind human trafficking and bring them to justice without exception. Sar Kheng was speaking at a meeting on Tuesday at the Ministry ...

Garment and textile factory workers are set for an increase in the minimum wage for 2019. The Labour Advisory Committee will decide on Friday how much the figure will rise by after a trilateral meeting on Thursday failed to come to an agreement. With no ...

Cambodia is aiming to no longer rely on Vietnam and Thailand for bandwidth and access to the international internet gateway. Prime Minister Hun Sen during a cabinet meeting on Friday told Post and Telecommunication Ministry officials to look into how the Kingdom can have its own ...

The Ministry of Commerce said it has found no sign of duty evasion among Chinese companies operating out of Sihanoukville Special Economic Zone (SSEZ), but said it will conduct one more investigation to satisfy US demands. The US embassy in Phnom Penh recently called on the ...

The Cambodia Chamber of Commerce (CCC) recently noted that investors are facing difficulties finding warehouse space to rent at special economic zones in the country. CCC’s vice president Lim Heng told Khmer Times that the rapid rise of investment going into the country has left little warehouse space ...

The CNRP said on Thursday it would end its monthslong boycott of the National Assembly by joining today’s session, despite no signs of the “comprehensive solution to the current political crisis” it had sought as a condition for its return. After days of publicly equivocating about ...