Sathapana Microfinance Plc., the third largest MFI in Cambodia, has officially transformed itself into a commercial bank with total capital of $120 million, a move in line with Japanese-owned Maruhan Japan Bank acquiring a 95.1 percent stake in 2012.​ ...

The Apsara Authority announced yesterday that it is considering the selective removal of some trees inside the 401-square-kilometer Angkor Park, saying that only those that pose potential risk to the park’s visitors and temples would be cut down. ...

Exploration company Angkor Gold Corp is working with NGOs to educate residents of Pate commune’s Plang village in Ratanakiri’s Ou Ya Dav district after villagers refused to give the company permission to explore for gold on their land. ...

The Cambodia Securities Exchange (CSX) ─ listed Phnom Penh Water Supply Authority (PPWSA) saw its profits plunge by more than 65 percent in the first quarter of this year with total revenue declining by more than 20 percent in the same period. ...

New trade privileges that allow Cambodian-manufactured travel goods duty-free access to the United States for the first time could see exports of these items increase by over 400 per cent in the coming years, industry experts said yesterday. ...

With ride-hailing giants Uber and Grab yet to enter the Cambodian market, a pair of local entrepreneurs have seized the initiative and developed the first private-hire car service and smartphone application for Phnom Penh’s frenetic city streets. ...

A group of private sector rubber producers have petitioned the government to drop export taxes on rubber products, arguing that by scrapping the tax the sector would attract foreign investment into processing factories. ក្រុមអ្នកផលិតកៅស៊ូចង់នាំឱ្យពន្ធនាំចេញត្រូវលុបចោលក្រុមអ្នកផលិតកៅស៊ូឯកជនមួយបានដាក់ញ្ញត្តិទៅរដ្ឋាភិបាលដើម្បីទម្លាក់ចោលពន្ធនាំចេញផលិតផលកៅស៊ូ ដែលលើកឡើងថា ការមិនយកពន្ធនាំចេញនៃវិស័យនេះអាចនឹងទាក់ទាញវិនិយោគិនបរទេសមកដំឡើងរោងចក្រកែច្នៃ។ ...

Telecom Cambodia has suspended a manager accused of stealing $230,000 and is preparing a legal complaint against him and a former senior employee in the firm’s finance office who supposedly received the missing money, a company official said. ...

Jailed opposition activist Ouk Pich Samnang called on the international community to condemn Cambodia’s court system on Thursday after he was handed a further two years in prison for intentional violence and obstructing authorities, despite a dearth of evidence against him. ...

Factory and union representatives remain as far apart as ever over where to set next year’s minimum wage for garment workers, now at $128 per month, after hours of heated negotiations Wednesday and a vote that seemed to settle nothing. ...

The Garment Manufacturers Association in Cambodia (GMAC) is looking for a renewed focus on productivity following the conclusion of this month’s minimum wage negotiations, while supporting calls for clothing buyers to implement more sustainable purchasing practices. ...

A new study warns that a UN initiative to cut global road deaths in half by 2020 is on course to fail amid “clearly insufficient” efforts, with middle- and lower-income countries such as Cambodia at the forefront of the battle. ...

If global temperatures continue to rise, Cambodia’s dependence on fishing and its under-developed healthcare and sanitation sectors will make it particularly exposed to the adverse effects of climate change, according to a World Bank report published on Sunday. ...

An arrest warrant was issued on Tuesday for an assistant of opposition leader Sam Rainsy who helps run his popular Facebook page and is allegedly responsible for producing the video in which now-jailed Senator Hong Sok Hour presents a forged treaty. ...

The Education Ministry will include an internationally agreed disaster risk reduction component in school curriculums from next year as part of a growing global move to teach students and communities how to deal with events such as flooding and major storms. ...

Although Cambodia signed off on a memorandum of understanding (MoU) with Malaysia on Thursday that will once again allow the country to send domestic workers to its Asean neighbor, a Labor Ministry spokesman said it will not take effect for months. ...

A seemingly minor dispute between an Interior Ministry official and a village chief in Phnom Penh turned deadly when the official gunned down the village chief and his relative on Wednesday afternoon, according to police, who offered wildly different reports of the shooting. ...

Sourn Serey Ratha, president of the nascent Khmer Power Party (KPP), on Monday filed a defamation and incitement lawsuit against Foreign Affairs Minister Hor Namhong at the Phnom Penh Municipal Court, following through on a threat he made last week. ...

Though it’s extremely early days, experts this week welcomed Cambodia’s membership to the nascent China-led Asian Infrastructure Investment Bank (AIIB), saying it would provide much-needed diversity of funding for the nation’s infrastructure and connectivity needs. ...

The European Union pledged €10 million in preparation of the upcoming 2017 and 2018 elections yesterday, which the National Election Committee (NEC) hopes to add to in a new budget they will be submitting to the government, according to NEC officials. ...