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, ...

At 5am, without any alarm clock going off, a dozen Cambodian maids wake up with near-military precision. Over the next hour, the women sweep, wash and scrub spotless their two-storey training centre in the Cambodian capital Phnom Penh. They all want to be maids in Singapore, eager ...

The deputy director of the Preah Sihanouk provincial tax branch who was arrested for corruption last week was on Friday charged with the misappropriation of public funds, an official confirmed Sunday. Phy Rith, who was arrested by the Anti-Corruption Unit (ACU) on Wednesday, was charged by ...

More than 200 former residents of the Boeng Kak community protested Thursday outside City Hall to demand more compensation to the original amount they received when forcibly evicted from around the lake in 2009. The protesters—who accepted payouts from the private developer Shukaku to make way ...

As Cambodia nears its second district and municipal council elections in May, about 200 women councilors from the sub-national level attended a workshop Friday to call for political parties to increase the number of women candidates in the upcoming election. Currently, 12 percent of councilors at ...

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 the sun rises on Tonle Sap Lake, fishermen head out from floating villages like this one, past half-submerged mangroves and flooded shrub land, to check their nets, much as they have for centuries. Every year, the lake yields about 300,000 tons of fish, making it ...

The U.N.’s human rights envoy to Cambodia, Surya Subedi, who began his 10th fact-finding mission to Cambodia on Sunday, has been asked to investigate issues faced by ethnic Khmer Krom people after five monks were arrested for participating in garment worker protests earlier this month. In ...

Drive deep enough into Mondulkiri’s Pech Chreada district, and the rubber plantations that dot the roads fall away. Here, there is only mile after mile of lush, dark woodland: An ideal place to bury one’s dead and pay respects to the spirits that reside inside ...

The Siem Reap provincial Department of Agriculture, Forestry and Fisheries said it will offer a 10 million riel ($2,500) reward to those who provide information regarding the suspects responsible for setting ablaze more than 20ha of kranhuong timber forest land in Banteay Srei district. Department ...

Cambodia’s exports through the special economic zones (SEZs) last year increased by about 27 per cent compared to 2018, Minister of Economy and Finance Aun Pornmoniroth said on Thursday. Speaking during a visit to the Phnom Penh Special Economic Zone (PPSEZ), Pornmoniroth said the total ...

The government has raised the tax-free bracket from 1.2 million riel (about $300) to 1.3 million (about $320) in a move to ensure civil servants due for raises this year are not subjected to income tax. A sub-decree signed by Prime Minister Hun Sen earlier this ...

Southeast Asia is showing stronger signs of resilience to global turbulence than the rest of Asia as buoyant domestic spending offsets struggling exports, while low debt levels give governments more room than their cash-strapped counterparts in the West to deliver stimulus. On Thursday, the Philippines became ...

More than one year after the government passed legislation to bring in a pension for people with disabilities living in poverty, a preliminary committee to workshop how to locate such disabled people has still not been formed, officials said yesterday. In June last year, the ...

Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, successfully raised $5.2 million in an initial public offering that was more than 1.4 times oversubscribed, its underwriter said yesterday.Subscription for 4.1 million shares, a 20 per cent stake, of the port ...

Three Cambodian peacekeepers have been confirmed dead in Central African Republic, a day after they went missing following an attack on their convoy by a Christian militant group. The three men, Mao Eng, 37, Seang Norin, 35, and Mom Tola, 31, were shot to death and ...

Microfinance has grown exponentially in Cambodia and is not as stressed as reported by the international media, according to a study by research firm M-CRIL in partnership with the Cambodia Microfinance Association (CMA). A sector which had only 50,000 clients in 1995, now services 2.1 ...

Since 1998, Phnom Penh’s population has doubled to more than 2 million. High-rise buildings have popped up in the city’s center and housing developments have been hastily erected. Yet the city’s antiquated, decades-old drainage system has undergone little improvement in that time and experts say the ...

‘Top up $2 and get 30 free minutes daily for 20 days. Top up $5 and expand the same offer for a month. And, for a $10 recharge, that half-an-hour freebie lasts 50 days.” Mobile operator Beeline, which announced the promotion in August, called it “another ...

Buoyed by strong demand from the economies of Europe and North America, the total amount of garment, shoe and textile exports that left Cambodia last year was on target to surpass the $4 billion mark, dwarfing 2010’s total of $2.88 billion, the Garment Manufacturers Association ...