A newly formed NGO is challenging lawmakers and government officials to publish details of their personal assets and income in advance of forthcoming elections, a challenge several NGO heads plan to take up as an example to their public sector counterparts.Accountability Cambodia, which says it ...

The Cambodian hire-purchase subsidiary of Aeon Thana Sinsap (Thailand) or Aeonts has become the first Japanese financial firm to receive a specialised bank licence to do credit-card business in the neighbouring country, according to a statment to the Stock Exchange of Thailand Aeon Microfinance (Cambodia), ...

Sixteen members of the US Congress have signed a joint letter to Prime Minister Hun Sen calling on the premier to “immediately cease the harassment and persecution” of the opposition.The letter, sent late last week, pointed to the National Assembly’s decision last month to expel ...

Despite longstanding criticism of the Arbitration Council, Labor Minister Ith Samheng defended the government mediation body during a meeting yesterday, saying it represented workers’ best chances at solving labor disputes.During a discussion with members of the Fair Work Commission of Australia on Friday, Mr. Samheng ...

The developer of Banhji, a locally developed accounting platform aimed at small- and medium-size enterprises (SMEs), is in talks with investors to secure funding as part of a plan to expand the application beyond Cambodia. officially launched in October after a four-month beta testing period, ...

A Chinese company will spend roughly $60 million to build a construction supply center on the outskirts of Phnom Penh after finalizing a land leasing agreement with the Phnom Penh Autonomous Port (PPAP) on Friday. Yunnan Sengmao Investment will build the aptly named Construction Material Supplies ...

Speaking at a workshop hosted by the World Wildlife Fund for Nature (WWF) on the past four years of conservation in the so-called Eastern Plains Landscape – a project with $1.42 million in funding from the EU and an additional $420,000 from USAID and the ...

In its annual report signed yesterday, the Cambodian National Council for Women lauded the government’s efforts to increase gender equality throughout society, though women’s rights activists today raised doubts about the achievements.The council highlights in the report that the economic and political status of women ...

One of China’s largest steelmakers is seeking partners in Cambodia to build a steel mill that will reduce the Kingdom’s dependency on imported steel for its construction sector, a company executive said. Weng Wei Min, director of the economic cooperation department at Hangzhou Iron and ...

US ambassador Patrick Murphy praised the growth of the Kingdom’s digital sector and expressed hope of expanding cooperation between the two countries in the sector. Cambodia has a high rate of mobile phone users. ...

Asean leaders Tuesday discussed the importance of expanding economic opportunity for the region, vowing to increase efforts for better trade and investment amid members states and with the US. Surin Pitsuwan, secretary-general of Asean, said “more and more” was expected of Asean today. “So it is ...

More than 100 people in Kratie province staged a peaceful protest on Sunday after excavators mobilized by a South Korean timber firm tried to clear and demarcate concession land, a commune official said yesterday. The company, Think Biotech, was granted 34,000 hectares of land on May ...

The growth prospects of the Cambodian economy in 2012 remain moderate, as has been expected. Cambodia’s real Gross Domestic Product (GOP) is estimated to grow at a rate of 6.2 percent year-on-year, which is unchanged from our estimation at the beginning of this year. Persistently weaker demand in the European and US markets remain the ...

The Dutch mobile telephone operator Beeline has replaced its general manager Gael Campan with Siddhanta Kothari, who previously worked in Vietnam as chief financial officer of GTel Mobile JSC, a subsidiary of Beeline’s owner VimpelCom. Beeline spokeswoman Nhem Socheata said on Friday that the change in ...

Thai police investigating allegations of myriad labor violations at a seafood factory employing hundreds of Cambodian migrant workers have given the facility a clean bill of health. A report last week by a Cambodian NGO, the Community Legal Education Center (CLEC), based on interviews with workers ...

Cambodia had granted operating licenses to 2,606 new companies in the first nine months of this year, a 11 percent rise from 2,336 new firms at the same period a year ago, the report of the Commerce Ministry showed Wednesday. Those companies are dealing in the ...

Land prices in Preah Siahnouk province have risen slightly, by 5 to 10 per cent in early 2013, despite increasing numbers of tourists who have visited Cambodia and travelled to the province. Cheng Kheng, director of the CPL real estate company and president of Cambodian Valuers ...

CAMBODIA’S first financial leasing company plans to rev up its market share for motorcycle financing from 15 to 45 percent starting this year. GL Finance plans to do so by increasing its number of branches here from 11 to 36, said Mitsuji Konoshita, chairman of Group ...

The Cambodian government announced that it would increase the salaries of low-ranking civil servants to 320,000 Riel per month. The statement was issued by Prime Minister Hun Sen Tuesday. He said, 90,000 civil servants will benefit from the increase which will start in September. Recently the Ministry of ...

Samsung plans to more than quadruple its number of stores – currently seven – in the Kingdom, aiming to have 30 branches by the end of this year. The move will extend its lead as the electronic brand with the most stores here, and comes as ...