An online trading firm based in the tax haven of Cyprus is planning to open a subsidiary in Cambodia, an account manager at IronFX’s headquarters in Cyprus said yesterday. “We are on the planning stage in Cambodia. We are now studying law and regulations in the ...

Major financial institutions show more trust in providing loans to the agricultural sector, evidenced by increasing agricultural loan disbursement, thanks to potential growth in the sector and better preparation of financial report among borrowers, according to industry insiders. Acleda Bank, Cambodia’s largest domestically owned bank, has ...

Police briefly detained 13 garment factory workers on Thursday after about 20,000 workers, some throwing rocks, continued a strike that began Monday in Svay Rieng province’s Bavet City over wages and working conditions, a union official and police said. Union leaders had on Wednesday evening agreed ...

A week after one man was shot dead and several others injured during a standoff between the armed forces and protesters, an investigation into who was responsible is no closer to conclusion, an Interior Ministry spokesman said Sunday. Security experts last week said the armed ...

A clerk at the Banteay Meanchey Provincial Court was arrested Tuesday on suspicion of corruption and bribe-taking, police and Anti-Corruption Unit (ACU) officials said, but rights groups said clerks alone are not in a position to determine the course of court cases and that more ...

Thousands of opposition supporters made their way to Freedom Park in Phnom Penh on Wednesday morning to begin the first of a three-day demonstration designed to urge signatories of the Paris Peace Agreement to intervene in the country’s current political deadlock. Unlike at the previous protests ...

Phnom Penh’s traffic police officers, whose reputation for bribe taking is renowned, will soon be monitored by a new mobile police unit to ensure they uphold the law, the Ministry of Interior said. The Special Team Monitoring Traffic Law Enforcement will ensure that traffic police are ...

A new report by researchers from Harvard University and the University of Sydney has ranked Cambodia’s 2013 national election as the fifth most “flawed or failed” out of the 73 national ballots held around the world between July 2012 and December 2013. Based on surveys completed ...

Cambodia on Friday issued an official letter to ban the opposition Cambodia National Rescue Party (CNRP) from conducting a rally on Sunday afternoon at the capital’s Freedom Park. In a letter to the CNRP, Phnom Penh Municipal Governor Pa Socheatvong said”The Ministry of Interior does not ...

Hang Chantha watched in horror last weekend as a private company battling to take her land dug a four-meter-deep trench around the perimeter of her home. “After the company dug, I could not sleep at night; I was afraid my house would fall,” she recounted Thursday, ...

On 11 March 2020, the Garment Manufacturers Association in Cambodia (GMAC) has announced to the public on arrival of raw materials for the garment industry from China. The announcement said, with intervention from the head of the Royal Government to the Chinese side, raw materials ...

A year after violent clashes broke out between workers from the SL Garment Factory and gun-wielding security forces, leading to the shooting death of a bystander, representatives for workers and management at the factory signed off on a list of agreements this week to end the ...

The Cambodia Securities Exchange has seen a sharp decrease in action this week, with trading volume yesterday falling to 3,453 shares, down nearly 100 per cent from Monday. Despite the drop, which was accompanied by a strong shift from institutional to retail investors, experts have stressed the time ...

Phnom Penh’s growing population is driving demand for residential property, with approvals soaring in the first seven months of this year, according to Lao Tip Seiha, director of the construction department at the Ministry of Land Management, Urban Planning and Construction. A total of 227 ...

Cambodia’s draft budget law for 2012 will seek to increase concessional borrowing by about 75 per cent compared to 2011, according to a copy of the draft obtained by the Post. A lack of aid commitment may have led to the increase in proposed borrowing, experts ...

An 11-year-old HIV-positive girl evicted from Borei Keila moved back to Phnom Penh to live with her aunt because she had no access to medication at her relocation site in Kandal province, she said yesterday. During another day of protests outside the National Assembly, schoolgirl Theng ...

The governor of a city in southeastern Cambodia was arrested Friday in connection with a shooting that left three workers hospitalized as they took part in protests for better labor conditions at a sportswear factory that supplies goods to German sportswear giant PUMA. Moeun Tola, head ...

Phnom Penh Water Supply Authority is gearing up to price an initial public offering of up to $24 million on 18 April, making it the first stock to be traded on Cambodia’s fledgling stock exchange. Huy Vatharo, an executive director at underwriter Tong Yang Securities, ...

Two weeks before the opening of the 20th Asean Summit in Phnom Penh, preparations are under way to increase security and clean up Cambodia’s capital ahead of the arrival of hordes of foreign dignitaries on April 3. According to Phnom Penh deputy military police chief Pong ...

The postponed 2nd Thailand Trade Exhibition 2011 will not be reorganised this year due to budget restrictions, according to Jiranan Wongmongkol, commercial counsellor based at the Thai embassy in Phnom Penh. The trade fair was originally scheduled for May 19 to 22 at Phnom Penh’s ...