Siam Commercial Bank will begin expanding its footprint across the region in anticipation of greater business opportunities and competitive pressures with the launch of the Asean Economic Community in 2016. SCB, Thailand’s third-largest bank in terms of assets, operates branches in Laos, Singapore and Hong ...

Prudential Plc, the U.K.’s biggest insurer by market value, plans to begin selling insurance in Cambodia in the first quarter of next year to extend its presence in Asia across 13 markets. The firm is hiring sales agents and expects to gain a license to operate ...

The Lucky Supermarket Group opened its seventh outlet in Cambodia on the ground floor of the Rose City building on Norodom Boulevard yesterday, with company representatives saying it believed it would attract more foreign customers. Richard Seah, CEO of DFI Lucky Private Limited, said the new ...

A group of Phnom Penh residents locked in a long-running land dispute with a real estate project owned by CPP Senator Lao Meng Khin are pitching City Hall a plan they hope will prevent them from being evicted and keep them close to home. “We ...

The Ratanakkiri Provincial Court has issued letters to 11 ethnic Tampuon villagers from the province’s Lumphat district, instructing them to prepare for a hearing over accusations of using violence on the property of rubber company DM Group. DM Group first began setting up rubber plantations in ...

In a $1.3 million investment, a new Japanese restaurant opened in the Phnom Penh Special Economic Zone (PPSEZ) last week amid the large presence of Japanese companies in the area. The 1,000-square-metre Tokyo Restaurant looks to “help to [showcase] the culture of Japanese food, and provide ...

Chea Kea, owner of the Daimond Crown casino on the border with Thailand in Pailin province, is investing in a $4 million feed processing warehouse that will also be used to store commodities and house farm animals. Construction on the warehouse, which is expected to ...

F1soft Company, a software service provider that makes banking transactions available via phone, had commenced operations in Cambodia, company officials said yesterday during a workshop. Sean Thorninn, a lecturer in economics at the Limkokwing University and expert in Cambodia’s landscape of microfinance institutions (MFI), told ...

Nearly 90 representatives of 137 families in Battambang province, some of whom include former Khmer Rouge cadres, protested for a second day in Phnom Penh yesterday, claiming authorities had seized land they had held since the late 1990s. Ul Yan who was among protesters at Butom ...

Police seized about 600 pieces of luxury-grade rosewood weighing about 2,000 kilograms during a raid in Oddar Meanchey province on Sunday, but are still deciding whether to arrest the owners of the property on which it was found, an official said. Bun Heng, a communal forestry ...

Phnom Penh municipal officials have ordered owners of eight sand-dredging companies that continued work despite a mandated moratorium to halt operations and show proof of their licences or shut down for good. On Saturday, the municipality informed the owners, whose names they declined to release, that ...

Foreign Ministry spokesman Hong Lei said Monday that China congratulated the Cambodian People’s Party (CPP) on its victory in the country’s general election. Xi Jinping, general secretary of the Communist Party of China Central Committee, and Chinese Premier Li Keqiang have sent congratulatory messages to CPP ...

A Malaysia-Japan joint-venture company, Hitachi Sunway Information Systems Sdn Bhd, is making a foray into Cambodia after securing a deal with Aeon Co to supply point-of-sales (POS) systems to the Japanese retailer. The POS systems will be used to facilitate transactions for the tenants of the ...

Thousands of Cambodians and Cambodian-Americans staged coordinated mass demonstrations in cities across the U.S. on Monday in support of opposition claims that Cambodia’s closely contested July election was rigged in favor of Prime Minister Hun Sen and his long-ruling CPP. In Long Beach and San ...

Following further unsuccessful negotiations with company management, garment workers and union representatives said yesterday that they intend to hold a 6,000-person demonstration in front of the Ministry of Social Affairs and City Hall in Phnom Penh. Demonstrations supporting employees at the two SL Garment factories in ...

A community forest patrol of locals yesterday confiscated a large haul of illegally logged luxury wood that was being transported to the Vietnamese border in Mondolkiri province, local officials said. Commune police chief Pech Sotheary said the case has been referred to provincial forestry administration ...

Local law and consulting firm HML, whose chairperson and founding partner is Hun Kimleng, a niece of Prime Minister Hun Sen and wife of National Police chief Neth Savoeun, has teamed up with Tokyo-based XAT Tax Corp. to form a consulting agency focused solely on ...

Legalisation of same-sex marriage, comprehensive sex education and non-discriminatory guidelines for health workers treating LGBT people and those living with HIV/AIDS are among a handful of ways to bolster human rights in Cambodia, according to a submission delivered to the United Nations ahead of the ...

Management at one of Asia’s largest garment producers yesterday fired at least 600 employees, days after thousands returned to work following a two-week strike. Most of the workers fired by SL Garment Processing (Cambodia) Ltd – which supplies Gap, Levi’s and H&M – were members of ...

The Cambodian and Lao governments pushed for the conclusion of demarcation between the two countries as soon as possible, according to a senior Cambodian government official. The decision was made during a visit of Prime Minister Hun Sen earlier this week, said KOA Kimhourn, Minister attached ...