HCM CITY – A workshop to develop disaster management capacity for the four Lower Mekong countries of Cambodia, Laos, Thailand and Viet Nam by encouraging collaborative efforts through dialogue and information exchange opened yesterday in HCM City. The five-day Lower Mekong initiative (LMI) Disaster Management workshop, ...

In the past month, ratIngs agency Moody’s has downgraded its outlook for two of Cambodia’s largest commercial banks. On September 2, Acleda Bank’s performance outlook went from “stable” to “negative” due to risks associated with rapid credit growth and a draIn on local currency by depositors. ...

At a Sept 11 meeting between Deputy Prime Minister Sok An and Ganesh C. Thakur, President of the U.S.-based Society of Petroleum Engineers (SPE), plans were discussed about the SPE providing training and expertise for the Kingdom’s oil and gas sector, according to a statement ...

The Kingdom’s first initial public offering is fast approaching, and demand is expected to be robust. Book-building, the process during which bids for the IPO are taken and a price is set for shares, ended yesterday. The final offering price is expected before the subscription for ...

Leaning over the railing on the roof of the Khmeroyal Hotel along Phnom Penh’s Sisowath Quay, 54-year-old scholar and long-time Cambodian resident Oliver de Bernon peered across at his crumbing riverfront apartment yesterday. Residents of the block between streets 178 and 184 on Sisowath Quay ...

The government has brought into force a new law that makes all illegal payments to officials punishable by up to 15 years in jail for those who accept such payments and up to 10 years for those who make payments. Im Oudom, a member of ...

Top government officials yesterday either declined to comment or said they had no knowledge of a letter from Finance Minister Keat Chhon to Prime Minister Hun Sen proposing to bar all foreign NGOs from “advocacy” work in the country, as well as stopping foreigners from ...

An opposition Sam Rainsy Party activist who was badly beaten on September 16 by riot police during a protest against the demolition of homes at Boeng Kak lake filed a complaint yesterday with the Phnom Penh Municipal Court against developer Shukaku inc and the officers ...

Striking workers planned to set tyres aflame today outside a garment factory that supplies JC Penney in the capital’s Por Sen Chey district, union officials said yesterday on the sixth day of the strike at Hong Kong-owned Win Shing-tex Cambodia Co Ltd. Ath Thorn, head of ...

On 13 August 2019, Mr. Stephen Burega, Chief Executive Officer at Angkor Gold Corp. announced that Angkor, through its subsidiary EnerCam Resources Co. Ltd. (“EnerCam”), had received the approval of the Royal Government of Cambodia on its application for a 7300 square kilometre oil and gas concession in Cambodia. The ...

Aiming to disrupt the thriving local ride-hailing market with a new business model, Belarus-based Onde recently announced its intention to enter Cambodia.​ in an interview with Khmer Times, a representative of the startup said they provide the software entrepreneurs need to run their own taxi ...

On  13 September 2016, the Royal Government of Cambodia has decided to establish three new Natural Protected Areas with a total land area of 27 941.06 hectares to be under the management and conservation of Ministry of Environment. Those three Natural Protected Areas include of ...

On Friday 23 September 2016, in response to a request from the Royal Government of Cambodia and the World Food Programme (hereinafter referred as “WFP”), the Government of Japan has agreed to extend a Grant Assistance of two hundred and twenty million Japanese Yen (¥220,000,000), ...

On 09th July, 2016, after the Permanent Court of Arbitration set 12 July 2016 as the date to issue its final award over the arbitration case submitted by the Philippines against China on South China Sea dispute, the ministry of Foreign Affairs issued an announcement ...

The second Lancang-Mekong Cooperation (LMC) Foreign Ministers’ Meeting was held in Siem Reap, Cambodia on 23 December 2016, attended by H.E. Prak Sokhonn, Senior Minister of Foreign Affairs and international Cooperation of the Kingsom of Cambodia, H.E. Wang Yi, Minister of Foreign Affairs of the ...

On 18 August 2017, the National Bank of Cambodia issued a press release to strengthen customer protection as follows:Fines 400 million Riel (US $ 100,000) to microfinance institutions (MFIs) that do not comply with the laws and regulations, especially the Prakas on transparency in the ...

China Unicom, the country’s largest telecoms operator, has expanded into Cambodia to build optical telecommunication pathways in the Kingdom as part of the Belt and Road initiative (BRI). The Hong Kong-listed company officially opened its China Unicom (Cambodia) subsidiary on Monday to become the latest industry ...

Some 10 environmental activists launched the Riding a Bicycle for Prey Preah Roka campaign from November 29 to December 2.​​ They will ride across 300km from Phnom Penh to Preah Vihear province to promote natural resource protection and conservation amid threats of deforestation in the forestry ...

More than 50 police officers exchanged heated words with Ocean Garment strikers yesterday afternoon, marching for over an hour to Phnom Penh Municipal Court in support of five worker representatives suspended by the company. Mid-protest, however, the group of more than 2,500 – who have been ...